Recently, I saw someone around me get scammed by a Ponzi scheme again. A friend spent over 10,000 yuan to buy a so-called Ponzi bank card and mining phone, and the person just ran off. I want to explain the logic of this scam to everyone so that no one falls for it.

First, let's talk about what Ponzi coins really are. Many people think it's some kind of blockchain project, but it's not at all. The Ponzi coin app looks very simple: download the software, click a button every day to "mine," and invite friends to speed up. Sounds a lot like a certain domestic e-commerce scam, right? It’s definitely copied. The difference is that in the scam, you really get a few cents, but Ponzi coins give you a big pie.

The real profit model of Ponzi coins is actually CPA advertising. Users watch ads on the app, and each ad plays for about $0.005. Sounds very little, right? But Ponzi coins have over 5 million users in China, and just the advertising revenue per day is over a hundred thousand RMB. This kind of stable, high-yield, zero-risk business, anyone would want to do it.

The problem is, Ponzi coins only rely on advertising for profit and have no other derivative products. But if you search for Ponzi bank cards or Ponzi mining phones, you'll find plenty. How do these come about? It’s from those early promoters, who have been promoting for years, realizing they have a bunch of people but can’t cash out. They start selling these "cyber health products" to recover funds. My friend was scammed in this way. The bank card is just a regular PVC card, costing about 40 yuan for 100 cards. The phones are even more ridiculous—copied phones from Huaqiangbei, just modified with a startup animation and an app, costing no more than 300 yuan.

So basically, the entire Ponzi coin scam ecosystem operates like this. Ponzi coins rely on advertising to make a quick buck, and later, promoters see no profit and continue scamming under the Ponzi name. If you really want to make money, it’s better to plant more fruit trees—after a few months, you’ll have something real. Be cautious of Ponzi coin scams, and also beware of all derivative scams claiming to be Ponzi coins.