What does “sending candy” in the cryptocurrency circle mean? (Is candy coin a pyramid scheme?)

What does \”sending candy\” in the cryptocurrency circle mean? According to the o

What does sending candy in the cryptocurrency circle mean? (Is candy coin a pyramid scheme?)

What does “sending candy” in the cryptocurrency circle mean? According to the official Weibo account of the cryptocurrency circle, recently, a blockchain project sent out candies in the cryptocurrency circle.

The candies sent out in the cryptocurrency circle refer to distributing a certain amount of candies to users through “referral” methods. “Referral” means transferring one’s own digital assets to others or providing corresponding rewards. This behavior is actually a way to encourage everyone to actively participate and help others develop. For example, someone sends money to promote a game, and some people may receive tips on investments. However, these suggestions do not have practical meaning and specific profits.

Is candy coin a pyramid scheme?

Whether candy coin is a pyramid scheme is a question worth paying attention to. Currently, in domestic media reports, it has been mentioned multiple times that “candy coin is a pyramid scheme,” but the actual situation is still relatively unclear. Firstly, candy coin is a virtual currency issued based on blockchain technology, aiming to create an economic and social system that is profitable for all parties. Secondly, it promotes a new form of economic organization (advertising and issuing memberships) that allows users to participate and receive rewards, thereby attracting investors to enter this economic system. Lastly, it is to bring more value returns to oneself.

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