This review reveals that Troncase is a horrible scam that is destined to fail and lose your money in the process.
What is Troncase
Troncase is an online investing program that supposedly runs automatically in a blockchain. It uses a smart contract that allegedly cannot be altered by its authors, therefore it is supposed to be completely secure.
The Troncase smart contract is therefore the only entity that has control over money in the program.
The most interesting part is of course the rewards. With a minimum deposit of 100 units of the cryptocurrency tron (TRX) you will get 0.0416% hourly return, which means a 1% ROI every day.
On top of that you can get additional bonuses and commissions for referring other people to the system.
So, is Troncase legit, is it a safe investment platform that you can use?
The truth is that Troncase is just a filthy scam that you have to avoid. It was meant to collapse one day, so if it has not happened yet, it will happen soon. In this review we explain why.
Smart contract BS
Modern investment scams like to pretend that they are secure and meant to run forever thanks to the security provided by blockchain technologies. But these are just fancy statements that cannot hide the ugly truth.
Troncase tells you only a half of the truth. They say that only the Troncase smart contract controls the entire program and the money. But a smart contract is just a piece of software that somebody wrote and published in the blockchain.
People who created Troncase can also alter it, or even delete it. They did not provide a single proof that would show that they have lost control over the smart contract they created.
So even if you see a program running in a blockchain, it does not mean that it is completely secure. It still can be used by its author to scam people. It is called a rug pull, when it happens, when funds are removed from the contract.
The so-called audits Troncase provides on its website are a joke, written by people who run this scam.
99.9% of people can’t verify the contracts that are used to run the investment program they are in. They will just send money to whatever address they are told and they have no knowledge needed to verify that everything is running as it should. And it is only normal, we are not all programmers.
Troncase security? BS with fake audits. So, a scam.
One big giveaway about the true nature of Troncase is the promise that it will pay you 1% daily. Because it’s a number that is not achievable by any legit business. You can’t make 1% daily, every day, period.
You can be sure that whenever you see an offer for a 1% daily return (or higher), you are facing a scam.
Troncase does not even bother with an explanation about how the profits are supposed to be generated, which exposes its true nature. You can clearly see that it’s an illegal financial scheme.
How Troncase really works
Troncase is a scam that started as a Ponzi scheme. This means that deposits of new members are used for payouts to older members. It is just a mechanism for a redistribution of money between people. There is no real investment activity, no real profits are created, it’s just an illegal game with money.
It might be running in a blockchain, but it still is based on a scam scheme. So, Troncase is sure to fail. The only question is when?
Either the entire scheme can stall because of the lack of new money coming in, but more likely there will be a rug pull by the people who created Troncase. If they have not done it already, they will just pull out all the money remaining in the system and disappear.
In other words, blockchain adds no benefits, it won’t protect you against these scams. If the code was created by scammers, it was designed to rip you off.
Authorities over the world have already made clear that if you promote scams like Troncase, you can be prosecuted. In other words, just joining and referring people to these programs can put you in big trouble.
You have to realize that even if you join early and manage to get some profits, they will always be losses of somebody else who had to be scammed. So it really is not worth it.
Troncase review – Conclusion
Troncase is a scam. Don’t let them fool you with fancy statements about blockchain technologies, it is an old-fashioned Ponzi scheme that is doomed to fail and make your money disappear. Stay away from it!
If you are interested in legit investing, just get a free demo with a regulated company and start practicing with virtual money.
Should you later decide to invest real money, please be sure to understand the risks.