What Is Lion’s Share? It’s a 250% Daily ROI Ponzi and Pyramid Scheme!

Lion’s Share is matrix cycling income opportunity made by James Ward. They don’t have a website, but their program is heavily promoted in social media namely Facebook, Telegram, YouTube, and WhatsApp!

Our first encounter with Lion’s Share was with a company called LGN Prosperity, which spawned in 2010. LGN Prosperity marketed travel vouchers that generated positions in a matrix cycling program. 

By 2011, he transitioned into LGN International and brought on an expansion of his compensation plan with more commissions. 

This company collapsed in 2013, but this wasn’t the end for Ward. In 2014, he launched another company called iBizWave. Then in 2015, he started another company called 2SL Start Living, which was another travel MLM company. But this was a short-lived company and collapsed the same year it was founded. 

He launched Pangea in 2017, which was his attempt in returning to the travel MLM niche. Pangea was a matrix cycling scheme hiding behind a travel booking platform. But the company was once again short-lived and collapsed that year. 

Then in 2019, he launched another company, this time in the cryptocurrency niche. The company was called Sports Trading BTC, but it didn’t last long. The company collapsed the same year, to which Ward rebranded it as Global Credits Network. 

Global Credits Network’s traffic died down sometime in April 2020, leaving us to wonder whether it collapsed on its own, or was shut down before. 

Lion’s Share is possibly a reboot of Global Credits Network, but this time, running on an Ethereum smart contract. 

Lion's Share Product Line

Lion’s Share has no retail products or services available. Members are only introduced into the income opportunity itself through investment.

Does The Product Work?

Lion’s Share is your typical cryptocurrency Ponzi scheme running through a smart contract. Lion’s Share is a combination of Ponzi, gifting, and pyramid schemes. 

The Ponzi element of the program is the company’s payout of 200% ROI on L1 Tiers and 300% ROI on L2 Tiers. They’re funded by subsequent member investment.  

The pyramid element of the program is through the constant recruitment for the company to generate income and to stay afloat. 

Like most of this cycling programs, Ward and company will receive the Lion’s Share of the invested funds. The members will not be getting any of their investment back. 

The positions at the top of the matrix, which is held by Ward and company, are going to be the ones generating the largest amounts of money for the program. 

If a Lion’s Share member tells you they got their money back and more, then that’s a big lie.

There’s only one way to make money from Lion’s Share and that’s through member recruitment. Member recruitment is done to generate new investments to keep the company going and to pay the upper positions of the matrix. 

How To Get Started with Lion's Share?

Lion’s Share membership is free, but in order to participate in the program, you have to invest the following: 

55.7 ETH for L1;

55.7 ETH for L2; or

111.14 ETH for both cycler tiers (roughly, $330,000 based on today’s conversion)

Lion's Share Compensation Plan

Lion’s Share members are investing into positions worth 0.02 into a two-tier matrix cycler. 

Their cyclers are called L1 and L2. 

Members purchase and fill up these positions in order to cash out. 

L1

This cycler is made up of sixteen 3x1 matrices. Filling up three positions trigger a cycle, which means you get paid. 

Payments across the sixteen L1 cycler tiers are as follows:

Tier 1 – invest 0.02 ETH, receive 0.04 ETH and a new tier 1 position

Tier 2 – invest 0.05 ETH, receive 0.1 ETH and a new tier 2 position

Tier 3 – invest 0.1 ETH, receive 0.2 ETH and a new tier 3 position

Tier 4 – invest 0.2 ETH, receive 0.4 ETH and a new tier 4 position

Tier 5 – invest 0.3 ETH, receive 0.6 ETH and a new tier 5 position

Tier 6 – invest 0.4 ETH, receive 0.8 ETH and a a new tier 6 position

Tier 7 – invest 0.5 ETH, receive 1 ETH and a new tier 7 position

Tier 8 – invest 1 ETH, receive 2 ETH and a new tier 8 position

Tier 9 – invest 2 ETH, receive 4 ETH and a new tier 9 position

Tier 10 – invest 3 ETH, receive 6 ETH and a new tier 10 position

Tier 11 – invest 4 ETH, receive 8 ETH and a new tier 11 position

Tier 12 – invest 5 ETH, receive 10 ETH and a new tier 12 position

Tier 13 – invest 6 ETH, receive 12 ETH and a new tier 13 position

Tier 14 – invest 7 ETH, receive 14 ETH and a new tier 14 position

Tier 15 – invest 10 ETH, receive 20 ETH and a new tier 15 position

Tier 16 – invest 16 ETH, receive 32 ETH and a new tier 16 position

Running the math on this cycling, you receive payments from the first two positions filled in any tier. Payment from the third position is paid upline (the member who recruited you). 

If you run the math, Lion’s Share affiliates receive payments from the first two positions filled in their L1 matrix at any tier.

Payment from the third position is sent upline (the affiliate who recruited you), creating a new matrix position for you in that tier of their L2 matrix.

This is essentially a 50% upline match on every affiliate they recruit that cycles out of an L1 matrix (any tier).

L2

This is made up of sixteen 2x2 matrices. Similar to L1, you’re placed at the top of the 

Lion’s Share’s L2 cycler is made up of sixteen 2×2 matrices.

Payment method for these matrices are similar to L1. Once two positions are filled, you get paid out. But the first two positions are paid out to the upline.

Here’s the payout scheme:

Tier 1 – invest 0.02 ETH, receive 0.06 ETH and a new tier 1 position

Tier 2 – invest 0.05 ETH, receive 0.15 ETH and a new tier 2 position

Tier 3 – invest 0.1 ETH, receive 0.3 ETH and a new tier 3 position

Tier 4 – invest 0.2 ETH, receive 0.6 ETH and a new tier 4 position

Tier 5 – invest 0.3 ETH, receive 0.9 ETH and a new tier 5 position

Tier 6 – invest 0.4 ETH, receive 1.2 ETH and a new tier 6 position

Tier 7 – invest 0.5 ETH, receive 1.5 ETH and a new tier 7 position

Tier 8 – invest 1 ETH, receive 3 ETH and a new tier 8 position

Tier 9 – invest 2 ETH, receive 6 ETH and a new tier 9 position

Tier 10 – invest 3 ETH, receive 9 ETH and a new tier 10 position

Tier 11 – invest 4 ETH, receive 12 ETH and a new tier 11 position

Tier 12 – invest 5 ETH, receive 15 ETH and a new tier 12 position

Tier 13 – invest 6 ETH, receive 18 ETH and a new tier 13 position

Tier 14 – invest 7 ETH, receive 21 ETH and a new tier 14 position

Tier 15 – invest 10 ETH, receive 30 ETH and a new tier 15 position

Tier 16 – invest 16 ETH, receive 48 ETH and a new tier 16 position

#1 Ponzi Scheme!

It doesn’t take much to look past their income opportunity to see that they’re offering a hybrid Ponzi-Pyramid-Gifting scheme. 

The recruitment is constantly done to generate income for the upline, but only the members at the very top, meaning Ward and company, will be getting paid. 

#2 Not The Way Cryptocurrency Works!

This isn’t the way cryptocurrency and smart contracts are supposed to work. There needs to be a completed transaction before the money is given out to the parties involved. This is an automated process. 

In a legitimate setting, Lion’s Share holds out on the funds and the members will need to meet recruitment requirements set out by the contract. Once the contract is fulfilled, members are immediately paid. 

But Lion’s Share isn’t a legitimate company. And this is not how smart contracts work. 

#3 Business Bound To Fail!

Much like Ward’s previous businesses, Lion’s Share is bound to fail once the recruitment stops. Most of his companies didn’t last a year, so we expect Lion’s Share to collapse within this year.

There’s nothing to like about Lion’s Share. It’s a mash-up between a pyramid scheme, Ponzi scheme, and gifting scheme. 

Lion’s Share is anything but a legitimate program. There’s nothing on here that proves they are operating legally and that they’re an actual business. 

The program is just one big recruitment-based Ponzi scheme that promises hyped-up ROI’s with minimal work. 

Stay away from this program.

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