Once again, the shimmering dream of easy cashback rewards lies in ruins. The infamously controversial Austrian holding company, myWorld International AG—the latest incarnation behind a global web of loyalty and “benefit” platforms—has filed for bankruptcy in Graz, sending shockwaves through thousands of retail partners, small investors, and, of course, an army of loyal recruiters.
The Austrian Julian HOSP (or Dr. Julian HOSP as he likes to call himself) has certainly shaped the ICO developments in the crypto scene since 2017. He contributed his extensive experience and network from the MLM sector he acquired as team leader of the Austrian LYONESS system, an MLM scheme with global reach and a questionable reputation. HOSP's starting point in his crypto-career was the successful TenX ICO. Since then, he has toured the Crypto Summits worldwide, promoting and telling the people how to set up a successful company like TenX.