Скачать или смотреть The (Deserved) Failure of BurnLounge | A Textbook Pyramid Scheme | History in the Dark

BurnLounge was an online multilevel marketing service specializing in digital music sales back when that was a brand new thing. And, by specialize, I mean they allowed people to create their own customized storefronts and sell music themselves getting commission on every purchase. Of course, they would have to pay BurnLounge for this privilege. Also the commission was basically nothing. Also the bonuses for recruiting more people into the service were way higher. Also they only paid you in fake money unless you paid them more real money. It was a scam. A scheme. A pyramid-shaped scheme.

✈️Further Reading✈️
https://arstechnica.com/tech-policy/2...
https://en.wikipedia.org/wiki/BurnLounge
https://en.wikipedia.org/wiki/Multi-l...
https://en.wikipedia.org/wiki/Pyramid...

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