The Web 2.0 pyramids: Agloco, eMax and KushCash
Each Internet boom creates its batch of pyramid-like schemes. They cater to the lust for easy returns dominant in euphoric times.
That’s not to say they’re fraudulent. Most of these schemes are plausible on their face, and that’s their allure — and what one person believes is sham, another takes as a golden opportunity. This latest boom has given rise to a number of more innovative business models, which so far have skirted around scam, and… Continue Reading