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The airplane game, also known as the plane game, is a style of pyramid scheme first recorded in the 1980s in North America and later Western Europe. The common version of the system involved joining an "airplane" by paying a "pilot" to become one of eight "passengers".
A pyramid scheme is a business model which, rather than earning money ... (1 + 2 + 4 + 8) in the scheme—with the Airplane Game as the example, the person at the top ...
A Ponzi scheme claims to rely on some esoteric investment approach, and often attracts well-to-do investors, whereas pyramid schemes explicitly claim that new money will be the source of payout for the initial investments. [2] A pyramid scheme typically collapses much faster because it requires exponential increases in participants to sustain it.
Many pyramid schemes and MLM schemes emphasize the importance of recruiting new participants. Programs that emphasize recruiting participants, and paying a fee, to join the program are likely ...
The "Blessing Loom" is identical to the classic "airplane game" pyramid scheme, with a circular diagram obscuring the pyramid structure. Scammers have set up pyramid schemes which imitate or pretend to be susus. In contrast to traditional susus (in which participants only receive the money they put in without profit), these schemes promise a ...
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Axie Infinity is a blockchain game developed by Vietnamese studio Sky Mavis, [1] known for its in-game economy [2] which uses Ethereum-based cryptocurrencies. [3] It has been called 'a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel its growth.' [4]
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