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     5 years ago  

    chrisaiki... we can talk on personal chat.. but you will not like what I have to say.. the headline of the idea is not bad.. solar energy, multi level marketing and crypto... but what you wrote down in your above linked steem post is "the mother of all ponzis".. seriously... its just a classic ponzi.. solar does not make any difference for your scheme... could be a hotel or a forest, too.. I did not do the math.. but to come up with 20 Mio. USD to build this 20 MW PV plant you would probabyl need your victims to spend (and loose) over a billion USD in total.. that's Madoff level.. you seem like a smart guy.. why such an evil approach?
    and: for a 20 MW plant you would not even need 20 Mio. USD as banks easily finance that thing by 80% - you "only" need 4 Mio. equity and that you can collect by normal ways of cash raise.. no ponzi required.. normal comissons are 2,5% to 5% for such equity raisings.. not the 50% you need in your scheme...
    and 2.: why large solar PV, why not use blockchain and build small distributed PV grid in rural areas of developing countries?

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       5 years ago (edited) 

      No, I am not evil at all, at least this is what I think about me. With more than 500 posts on the blockchain, anybody can look at my posts and decide if I am evil or not, this is the beauty of this social network.
      Today, I am a math teacher, and I teach online due to the situation, so let’s do some math.
      From the 200 € investment from a new member, 150 € (75%) is going to the network and 50 € ( 25 %) to finance the solar plant.
      100 € to recruit a new member is not a big amount, it is requiring at least 5 hours to explain the process, probably closer to 10 hours, so this represent a 10-20 € /hour wage, before taxes.
      Every new member in the network has the same opportunity to earn a decent wage, because it is limited to 2 levels. We will probably not exceed more than 100 million people in the network, so even the last people joining the network can still earn his investment back.
      Financing the project : yes, you can build a solar plant with only 25 % of the asset, but our new bank is Hive, not an old fashion one, why should we give work to a bank when solar energy is such a good business ?
      I am not sure that it is the right place to discuss this project, I can re-write the 2017 post. If you have a better solution to implement a solar company, I am interested to know what you are proposing.
      In 2010, I built a solar PV shelter to load the batteries of the electric vehicles of the French Institute for solar energy in Le-Bourget-du-Lac.
      051717small.png

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         5 years ago (edited) 

        I said why such an evil approach? not that you are evil.. ;-)
        OK.. if its only a two level MLM (from the looks of your steem post I assume its not) then you are only wasting 60 Mio.. for sales... and 20 for the plant.. but banks give you 80% of the total investment more or less for no interest.. so why not use this.. and this brings down the money you need to "only" 4 Mio...
        I like that PV plant above! Great work!
        In regards to MLM: For retail goods (groceries etc.) a markup of 50% - 100% is fine.. like in any retail business.. hence a 33% to 50% cut for the sales structure is fine.. for investment products however its only around 2,5% to 5%.. otherwise the investor will never make a positve return on his investment... so everything cut wise above 10% in MLM is more or less unsustainable.. and a 75% cut for a MLM structure is definitelly a ponzi.. so right idea but wrong sales structure I would say..

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