Forsage smart contract extorting users crypto how the platform operate

Forsage is a new investment scheme introduced early this year these websites have been around for couple of months now and have been making waves over the internet, trending in various social platform across the globe the investment scheme has been know by million of users and everyday its attracting more users to it dubious scheme.

The platform claims to be a smart contract ethereum base project they claim to be a blockchain project which actually mean the platform is supported by blockchain technology to carry out it operation successfully. With these claim I believe the website will gain acceptance and trust from millions of users since it a blockchain supported program.

How does forsage earn and pay it users the website has no other source of income than using investors money to pay other investors.
In summary it operate like a Ponzi scheme where new and early investors tend to earn more by getting paid by those they invite to the platform.
For the platform to stay up and running for long they need to be having new users daily which will be used to keep the platform up and running smoothly.

Please share your idea by suggesting what you think about this buzzing scheme everyone is talking about.