Orion Token Review: ORN points ICO lending Ponzi scheme

Orion Token provide no information on their website about who owns or runs the business.

The Orion Token website domain (“oriontoken.com”) was privately registered on February 15th, 2018.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Orion Token Products

Orion Token has no retailable products or services, with affiliates only able to market Orion Token affiliate membership itself.

The Orion Token Compensation Plan

Orion Token affiliates acquire pre-generated ORN points from the company’s anonymous owners.

ORN points are sold to Orion Token affiliates for 30 cents to 80 cents each.

Once acquired, ORN points are “lent” back to Orion Token on the promise of an advertised 1.5% to 3.5% daily ROI.

  • invest $100 to $1000 and receive a daily variable ROI for 240 days
  • invest $1010 to $5000 and receive a daily variable ROI plus bonus 0.1% ROI rate for 200 days
  • invest $5010 to $10,000 and receive a daily variable ROI plus bonus 0.2% ROI rate for 160 days
  • invest $10,010 to $25,000 and receive a daily variable ROI plus bonus 0.25% ROI rate for 120 days
  • invest $25,010 or more and receive a daily variable ROI plus bonus 0.35% ROI rate for 90 days

Orion Token pay referral commissions on invested funds down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 8%
  • level 2 – 5%
  • level 3 – 2%

Joining Orion Token

Orion Token affiliate membership is free, however free affiliates only earn referral commissions.

Full participation in the Orion Token MLM opportunity requires a minimum $100 investment.

Conclusion

Orion Token claim to generate external ROI revenue through a “trading AI” bot.

Orion token has developed a trading AI that can execute volatility and arbitrage transactions at high speed.

No evidence of this bot existing is provided, leaving new investment as the sole source of ROI revenue.

Using newly invested funds to pay existing investors a daily 1.5% to 3.5% ROI makes Orion Token a Ponzi scheme.

Lending ICO Ponzis like Orion Token play out as follows:

Admins (who are typically anonymous) offload worthless pre-generated points in exchange for real money. In this case it’s ORN points.

Orion Token’s admins then use some of this money to pay promised ROIs for as long as new affiliates sign up.

Once affiliate recruitment dries up so does Orion Token’s ROI reserve.

When a predetermined threshold is reached, Orion Token’s anonymous admins do a runner with what’s left.

Early Orion Token investors make a bit of money (mostly via recruitment of new investors). But same as any other Ponzi scheme, the reality of such scams is that the majority of participants eventually lose money.

BitConnect and DavorCoin are recent examples of ICO lending Ponzi collapses in action.

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