Pyramid Scheme

« Back to Glossary Index

A Pyramid Scheme is a scam bearing a hierarchical top-down structure. It is similar to the Ponzi scheme and generally focuses on getting rich quickly benefiting those who sit at the top of the organization. They are one of the oldest scams.

« Back to Glossary Index

Check Also


Flow Gains Continue After Partnership With Instagram

« Back to Glossary IndexFlow Blockchain recently secured a partnership with a Meta-owned social media …