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Is fun walking legal?
Fun step is illegal and suspected of pyramid schemes.

20 19 10 15, the Beijing News reporter checked the website of Changsha Municipal Government, showing that Changsha Economic Development Zone clearly replied to the public in an open mailbox, and that Fun Step Company and Fun Step Project were suspected of online pyramid selling, illegal fund-raising and financial fraud. The Economic Development Zone of Changsha Administration for Industry and Commerce has filed an investigation.

"Fun Step" claims that its profit source is self-operated online stores and product sales; Operator's home platform, merchants make profits by selling points and commissions; Sports big data application is profitable; Accept financing, capital operation and listing profit. However, the "Fun Step" mall has only a few commodities, and the price is higher than other e-commerce platforms, and most of the inventory is zero.

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Fun Step claims to be an innovative technology company supported by blockchain technology. Based on the field of sports health, it encourages the whole people to pay attention to their own health and participate in happy sports. In fact, this is a "golden disk in a blockchain coat". "Fun step" is to attract users with the gimmick of "0 investment", and then lure users to spend money on candy and develop offline.

Zhang Jingyu, a lawyer of Shandong Chenggong Law Firm, said that the "candy" of Qubu Company can be exchanged for commodities, or so-called GHT, and then converted into cash. It can be said that Fun Step Company endows candy with the property of equivalent.

So it can be defined as a virtual currency. However, no institution in China recognizes the legality of virtual currency. Virtual currency does not have all the functions of money and cannot replace RMB in the market.

The registered capital of Qubu Company is only 3 million yuan, but the number of "candy" issued by it is as high as 654.38+0 billion. As a virtual thing with value attribute, the company does not have carrying capacity.

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