#Global MLM Services
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softwaremlm · 13 days ago
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Binary MLM E-Commerce Integration Solutions with Customizations at Cheap Prices in The Worldwide
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A Binary MLM Plan is a widely adopted network marketing strategy where each member recruits two direct downline members, forming a binary structure. This plan ensures fast network growth and higher profitability for MLM businesses.
Binary E-Commerce MLM Integration & Services
Binary MLM Software is designed to streamline the operations of network marketing businesses by integrating with E-commerce platforms like:
WordPress (WooCommerce, LearnPress)
Magento
Drupal
OpenCart
These integrations enable seamless product management, payment handling, and commission distribution, providing businesses with a comprehensive MLM solution.
Features of Binary MLM Software
Admin & User Dashboards — Manage members, view reports, and track payouts.
Genealogy Tree — Visualize the binary structure (View & Add New Members).
E-wallet Integration — Secure digital wallets for commissions and bonuses.
Run Payouts — Automate and streamline payout processing.
User Reports — Track member performance and activity.
Member Management — Manage sponsors, downlines, and subscriptions.
Subscription Plans — Flexible plans to attract new members.
Commission & Bonuses Settings — Fully customizable by admin.
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Commissions & Bonuses in Binary MLM
Affiliate/Referral Commission — Earn from direct member referrals.
Joining Commission — Rewards for new member signups.
Level Commission — Income based on levels achieved.
Pair Commission — Bonus for completing left and right downline pairs.
Company Commission — Allocated company share.
Regular Bonuses — Monthly or weekly bonuses.
Rank Achievement Bonuses — Incentives for achieving higher ranks.
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Key Benefits of Binary MLM Software
Live Demo Available Worldwide — Try before you invest.
Fully Customizable — Tailored features to suit your business needs.
Affordable Pricing — Competitive rates for global customers.
Comprehensive E-commerce Integration — Enhance your MLM and sales operations.
Contact us:
Skype: jks0586,
WhatsApp | Call us: +91 9717478599,
Website: www.letscms.com | www.mlmtrees.com
Get Started Today
LETSCMS offers a feature-rich Binary MLM Plan Software with affordable pricing and full customizations. Contact us for a Free Demo and elevate your MLM business with powerful tools and integrations.
#BinarySoftware #AffordableBinary #BinaryMLM #Binary #BinaryE-CommerceIntegration #MLMSoftwareCustomization #AffordableMLMSolutions #BinaryPlanMLM
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mlmsoftwarz · 17 hours ago
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Around the world, Cyrus Techno Edge's Multilevel Marketing Software is well-known and trusted
Cyrus Techno Edge has consistently been recognized as one of the top MLM software developers in Pune and Jaipur. Their commitment to quality, innovation, and client success sets them apart from the competitors. Cyrus Techno Edge's years of experience and highly qualified development team have helped several network marketing organizations expand both domestically and internationally.
Providing Network Marketing Companies with State-of-the-Art Solutions In the competitive world of network marketing, having robust and reliable multilevel marketing software is crucial for business growth. MLM software solutions from Cyrus Techno Edge are made especially to automate and simplify several facets of network marketing activities. Their software guarantees smooth operation and efficiency whether it's tracking sales, managing commissions, or dealing with distributors.
India's Top MLM Software Development Firm: Customized Approaches to Achievement Cyrus Techno Edge, a top MLM software development company in India, provides customized solutions that address the particular requirements of every firm.Their comprehensive services include best-in-class binary MLM software, hybrid MLM software, and the best unilevel MLM software. These solutions are crafted to ensure smooth operations and provide businesses with a competitive edge.
India's Top Binary Multilevel Marketing Firm One of the most often used network marketing formats is binary multilevel marketing (MLM), and Cyrus Techno Edge is a leader in offering trustworthy binary MLM software. Businesses may effectively manage its binary structure with the aid of this tool, ensuring that distributors receive fair compensation and commissions are calculated. With Cyrus Techno Edge’s binary MLM software, companies can achieve greater success in expanding their network and maximizing profitability.
Hybrid MLM Software: A Perfect Blend of Simplicity and Complexity
For businesses looking for a flexible solution, Cyrus Techno Edge offers hybrid MLM software. This approach combines features from multiple MLM models, making it an ideal choice for businesses that want to leverage the benefits of both binary and unilevel structures. With hybrid MLM software, businesses can create dynamic compensation plans and effectively manage their network marketing operations.
Why Choose Cyrus Techno Edge for Your MLM Software Needs?
Customization: Cyrus Techno Edge provides fully customized solutions tailored to the specific requirements of each business.
Reliability: Their software solutions are highly reliable, offering secure and seamless operations.
Expertise: With a team of experienced developers and domain experts, Cyrus Techno Edge ensures that businesses receive top-notch services.
Global Reach: Their software solutions are designed to empower businesses to expand globally, providing support for international operations.
In conclusion, Cyrus Techno Edge is a trusted partner for businesses seeking the mlm software developer in jaipur  . With their advanced binary, hybrid, and unilevel MLM software solutions, businesses can streamline their operations and achieve greater success in the competitive network marketing industry.
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sophiejt1234 · 6 days ago
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Riding the Crypto Wave: A Deep Dive into Multi-Level Marketing in the Blockchain Era
The fusion of cryptocurrency and multi-level marketing (MLM) has introduced a dynamic way for entrepreneurs and investors to maximize earnings while leveraging blockchain technology. This innovative model blends the decentralized, borderless nature of cryptocurrencies with the scalability of MLM, creating opportunities that are as exciting as they are lucrative.
In this blog, we’ll explore how MLM is thriving in the crypto space, why it’s an attractive business model, and how investing in crypto MLM software development can set you up for success in this s core, MLM is a marketing and sales model where participants earn commissions through direct sales and recruiting others into the network. Adding cryptocurrency to the mix elevates the traditional MLM framework by integrating blockchain’s transparency, automation, and decentralized financial mechanisms.
Participants in crypto MLMs often earn commissions in digital assets like Bitcoin, Ethereum, or custom tokens, and transactions are powered by blockchain to ensure trust and efficiency.
Why Crypto MLM is Thriving
Cryptocurrency and blockchain have provided MLM businesses with tools that solve many of the traditional challenges associated with the model. Here’s why crypto MLMs are gaining momentum:
1. Borderless Opportunities
Traditional MLM systems often struggle with cross-border payments and currency conversions. Blockchain eliminates these barriers, enabling global participation without hefty fees or delays.
2. Transparent Transactions
Blockchain technology records all transactions on a public ledger, ensuring that payouts, commissions, and referral rewards are verifiable and tamper-proof.
3. Instant and Automated Payouts
Smart contracts, self-executing programs on the blockchain, handle commission calculations and payouts automatically. This eliminates delays and errors associated with manual processing.
4. Tokenized Rewards
Crypto MLMs often issue custom tokens as rewards. These tokens can be traded, staked, or even used within a broader ecosystem, adding value to participants’ earnings.
5. Increased Trust
By leveraging blockchain’s immutability and decentralization, crypto MLM platforms reduce the risk of fraud and build trust among participants.
How Crypto MLM Software Development Powers Success
Building a successful crypto MLM business starts with the right technology. Investing in robust crypto MLM software development ensures your platform is scalable, secure, and user-friendly.
Key Features of Crypto MLM Software
Customizable Compensation Plans
Supports various MLM structures, such as binary plans, matrix plans, and unilevel plans.
Blockchain Integration
Ensures transparent and immutable record-keeping for all transactions and rewards.
Multi-Currency Wallets
Enables participants to store and manage multiple cryptocurrencies securely.
Smart Contracts
Automates commission payouts and eliminates intermediary delays.
User-Friendly Dashboards
Provides participants with clear insights into their network, earnings, and growth metrics.
Regulatory Compliance Tools
Includes KYC (Know Your Customer) and AML (Anti-Money Laundering) processes to meet global standards.
Popular Applications of Crypto MLM in Today’s Market
1. Decentralized Finance (DeFi)
DeFi-based MLM platforms allow participants to earn through staking, lending, and liquidity provision while earning referral rewards.
2. Tokenized Ecosystems
Custom tokens power MLM networks, offering value within a broader ecosystem of products and services.
3. Blockchain Education
Crypto MLMs often provide educational resources about blockchain and cryptocurrency, rewarding users for spreading awareness and onboarding new participants.
4. NFT Marketplaces
MLM models are being applied to NFT sales, enabling creators and collectors to earn commissions on transactions within their networks.
How to Launch a Crypto MLM Platform
Launching a crypto MLM platform involves several key steps:
1. Define Your Business Model
Decide on the MLM structure and compensation plan that aligns with your goals. Popular options include:
Binary Plan: Participants build two legs (left and right) to earn commissions.
Matrix Plan: Participants are placed in a fixed-width and depth matrix.
Unilevel Plan: Allows unlimited direct referrals under a single tier.
2. Partner with a Crypto MLM Software Development Company
Choose an experienced team that specializes in building blockchain-based MLM platforms. Ensure they provide customization options, strong security features, and ongoing support.
3. Focus on Security
Implement multi-layered security protocols, including encryption, two-factor authentication (2FA), and cold wallet storage.
4. Ensure Regulatory Compliance
Work with legal experts to meet the regulatory requirements in your target markets, including KYC/AML processes.
5. Educate and Engage Participants
Offer tutorials, webinars, and resources to educate participants about blockchain technology and your platform’s benefits.
Advantages of Using Crypto MLM Software Development
Investing in tailored crypto MLM software development ensures your platform is:
Scalable: Capable of handling rapid network growth and increasing user activity.
Efficient: Automates critical processes like payouts, reducing manual intervention.
Secure: Protects user data and funds with blockchain-backed security.
Customizable: Adapts to your business needs with unique features and branding.
Compliant: Helps you navigate the legal landscape with built-in compliance tools.
Challenges in the Crypto MLM Space
1. Regulatory Uncertainty
Navigating global regulations can be challenging, especially as laws around cryptocurrency continue to evolve.
Solution: Stay informed about regulatory changes and work with compliance experts.
2. Misconceptions about MLM
MLMs are often associated with pyramid schemes, which can deter potential participants.
Solution: Emphasize transparency, ethical practices, and value-driven services.
3. Volatility of Cryptocurrencies
The fluctuating value of cryptocurrencies can impact participant earnings.
Solution: Offer stablecoins or pegged tokens to minimize risks.
The Future of Crypto MLM
The integration of cryptocurrency and MLM is just the beginning. Future trends include:
DeFi Integration: Combining decentralized finance with MLM rewards.
NFT-Based MLMs: Leveraging non-fungible tokens as incentives.
AI-Powered Insights: Using artificial intelligence to optimize network performance and growth strategies.
As blockchain technology continues to evolve, crypto MLM platforms will become more sophisticated, offering innovative ways to grow and earn.
Conclusion
Combining cryptocurrency with MLM is a game-changer, unlocking borderless, transparent, and scalable opportunities for entrepreneurs and participants. By investing in crypto MLM software development, you can build a platform that capitalizes on blockchain’s transformative potential while delivering value to your network.
So, if you’re ready to ride the crypto wave, start building your platform today and position yourself at the forefront of this exciting revolution in digital marketing and finance burgeoning sector.
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sigmaitsoftware25 · 9 days ago
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Best MLM Software Development Company in Lucknow: SigmaIT Software Designers Pvt. Ltd.
In the competitive world of multi-level marketing (MLM), having reliable and efficient software is key to managing operations, tracking performance, and ensuring success. SigmaIT Software Designers Pvt. Ltd., based in Lucknow, stands out as the Best MLM software development company in Lucknow, delivering robust and customizable solutions for businesses of all sizes.
Why Choose SigmaIT for MLM Software Development? -
Expertise in MLM Solutions SigmaIT has extensive experience in designing and developing MLM software tailored to the unique needs of different network marketing plans. Their team of experts ensures that the software aligns perfectly with your business goals.
Comprehensive Features SigmaIT’s MLM software includes a suite of advanced features that simplify management, enhance transparency, and improve user experience:
Real-time performance tracking
Commission and payout management
Multi-currency and multi-language support
Secure user authentication
Automated member management
Customizable Plans From binary plans to matrix, unilevel, and hybrid plans, SigmaIT provides fully customizable solutions to cater to various MLM structures.
User-Friendly Interface The software is designed with an intuitive and easy-to-use interface, ensuring seamless navigation for users and administrators alike.
Integration Capabilities SigmaIT’s MLM software can integrate seamlessly with e-commerce platforms, payment gateways, and other business tools, creating a unified system for all your needs.
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Key Services Offered -
Custom MLM Software Development Tailored solutions for unique business requirements, ensuring flexibility and scalability.
Mobile App Development Develops feature-rich MLM mobile apps for Android and iOS to empower your network on the go.
E-Wallet Integration Secure and convenient e-wallet solutions for easy transactions and payouts.
Data Security and Compliance Adheres to the highest security standards, ensuring your business and user data are protected at all times.
Maintenance and Support Provides 24/7 technical support and regular updates to keep the software running smoothly.
Benefits of SigmaIT’s MLM Software -
Efficiency and Accuracy: Automates processes to reduce manual errors and improve operational efficiency.
Transparency: Real-time reporting and analytics provide clear insights into your business performance.
Cost-Effective Solutions: Offers competitive pricing without compromising on quality or features.
Scalability: Software that grows with your business, adapting to increased users and operations.
Global Reach: Multi-language and multi-currency support enable expansion to international markets.
Trusted by MLM Businesses -
SigmaIT has a proven track record of delivering successful MLM solutions to businesses across various industries. Their dedication to quality and innovation has earned them a reputation as the best MLM software development company in Lucknow.
Conclusion -
If you’re looking to streamline your MLM operations and empower your business with advanced technology, SigmaIT Software Designers Pvt. Ltd. is your ideal partner. With customizable solutions, a customer-first approach, and state-of-the-art features, SigmaIT ensures your MLM business achieves success in the competitive marketplace. Transform your network marketing experience with SigmaIT today!
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xerapro-scam · 5 months ago
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Homnifi Review: Xera Pro “mega Ponzi” collapses
Xera Pro launched in Dubai back in January 2024.
The “mega Ponzi” was a combination of three then recently collapsed Dubai Ponzis; Safir International (aka Neo ZenTech), Success Factory and The Blockchain Era (aka WeWe Global, LyoPay, LyoTrade and LyoWallet).
The serial fraudsters behind these collapsed Ponzi schemes took up prominent positions as Xero Pro’s “formation team”:
Henk Diepbrink – Xera Managing Director, Dutch national and former Managing Director of Safir
Werner Kaiser – Xera Global Vice President, part of Safir’s “Elite Circle of Trust” and former Lyoness Ponzi promoter
Diego Endrizzi – Xera Head of Global Sales, top Italian promoter of WeWe Global and The Blockchain Era
Gorka Buces – Xera Chief Visionary Officer, former CVO of the collapsed Xifra and Decentra Ponzi schemes
Nils Grossberg – Xera Head of Global Partnerships, founder and CEO of collapsed DagCoin and Success Factory Ponzi schemes
Following a Xero Pro securities fraud warning issued by Australia on April 23rd, affiliates began reporting withdrawals problems on or around July 15th.
This coincided with a “service update” announcement on the same day:
On August 3rd, Xera Pro announced it was rebooting as Homnifi.
Homnifi sees the scammers behind the collapsed XeraPro feeder Ponzis scuttle further into the background. Gorka Buces and Jose Gordo have been retconned as Xera Pro co-founders.
Jose Gordo, a former OneCoin Ponzi promoter who is on the run from Argentine authorities, entered Xera Pro as a WeWe Global and The Blockchain Era Ponzi promoter.
Gorka Buces has been promoted from Chief Visionary Officer to a Xera Pro co-founder.
Wener Kaiser has been demoted from Global Vice President to “Client Relations Specialist”.
Charbel Zalaquett and Goran Hemstrom are The Blockchain Era and WeWe Global Ponzi promoter imports.
Before his hasty fall-guy promotion to Homnifi “Head of Operations”, Zalaquett was still referring to himself as a Xera Pro “independent promoter” last month.
Someone else worth mentioning is Erwin Dokter, who’s behind “LayerK” and “WalleK”.
LayerK and WalleK are the cryptocurrency side of Xera Pro and now Homnifi.
Dokter is of course one of the scammers behind Safir International and its attached Zeniq Coin Ponzi scheme.
Homnifi has been set up on the domain (“homnifi.com”), privately registered on June 10th, 2024.
Xera Pro’s website is still up but seeing as it now serves no purpose, will probably be quietly disabled at some point.
On its website Homnifi represents it operates out of Homnifi International LTD, a British Virgin Islands shell company.
Like Xera Pro and its feeder Ponzis, Homnifi and its associated companies are all in fact operated from Dubai.
Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.
BehindMLM’s guidelines for Dubai are:
If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.
If you want to know specifically how this applies to Homnifi, read on for a full review.
Homnifi’s Products
Homnifi markets passive returns through LayerK crypto mining and Quantwise bot trading.
Homnifi MiniMax – pay $100 to be able to invest up to $1000 into LayerK mining and $500 into Quantwise bot trading
Homnifi AirStream – pay $500 to be able to invest up to $5000 into LayerK mining and $5000 into Quantwise bot trading
Homnifi Breeze – pay $1500 to be able to invest up to $15,000 into LayerK mining and $15,000 into Quantwise bot trading
Homnifi Cyclone – pay $4500 to be able to invest up to $45,000 into LayerK mining and $45,000 into Quantwise bot trading
Homnifi Dynamo – pay $10,000 to be able to invest up to $100,000 into LayerK mining and $100,000 into Quantwise bot trading
Homnifi Elevate – pay $25,000 to be able to invest up to $250,000 into LayerK mining and an unlimited amount of money into Quantwise bot trading
Homnifi Flash – pay $50,000 to be able to invest an unlimited amount of money into LayerK mining and Quantwise bot trading
There’s also some “supernode” nonsense that pays 2% to 10% returns starting at the Homnifi Breeze investment tier.
Homnifi’s Compensation Plan
Homnifi’s compensation plan pays on the sale of access to LayerK mining and Quantwise bot trading passive returns to retail customers and recruited affiliates.
Homnifi Affiliate Ranks
There are ten affiliate ranks within Homnifi’s compensation plan.
Along with their respective qualification criteria, they are as follows:
Associate – generate 100 PV and 1000 GV a month
Builder – maintain 100 PV a month and generate 15,000 GV a month
Silver Pro – generate 200 PV and 40,000 GV a month
Gold Pro – maintain 200 PV and generate 75,000 GV a month
Platinum Pro – generate 1500 PV and 150,000 GV a month
Diamond – generate 4500 PV and 400,000 GV a month
Blue Diamond – maintain 4500 PV and generate 1,000,000 GV a month
Black Diamond – generate 10,000 PV and 2,500,000 GV a month
Crown Diamond – generate 25,000 PV and 6,000,000 GV a month
Royal Crown Diamond – generate 50,000 PV and 12,000,000 GV a month
PV stands for “Personal Volume”. PV is generated via fees paid by Homnifi affiliates.
GV stands for “Group Volume”. GV is the sum total PV generated by a Homnifi affiliate and their downline.
Note that for rank qualification, no more than 40% of required GV can come from any one recruitment leg.
Referral Commissions
Homnifi pays affiliates a 10% referral commission on fees paid by personally recruited affiliates.
Residual Commissions
Homnifi pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
At the end of each week Homnifi tallies up new fee volume on both sides of the binary team.
Affiliates are paid 10% of new fee volume generated on their weaker binary team.
Note that Homnifi caps residual commissions based on rank:
Associates can earn up to $1000 in residual commissions a week
Builders can earn up to $5000 in residual commissions a week
Silver Pros can earn up to $8000 in residual commissions a week
Gold Pros can earn up to $10,000 in residual commissions a week
Platinum Pros can earn up to $15,000 in residual commissions a week
Diamonds can earn up to $25,000 in residual commissions a week
Blue Diamonds can earn up to $50,000 in residual commissions a week
Black Diamonds can earn up to $75,000 in residual commissions a week
Crown Diamonds can earn up to $100,000 in residual commissions a week
Royal Crown Diamonds can earn up to $125,000 in residual commissions a week
Matching Bonus
Homnifi pays a Matching Bonus via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Homnifi caps payable unilevel team levels at four.
The Matching Bonus is paid as a percentage of residual commissions earned across these four levels based on rank:
Builders earn a 10% match on level 1 (personally recruited affiliates)
Gold Pros earn a 10% match on levels 1 and 2
Platinum Pros earn a 10% match on levels 1 to 3
Diamonds and higher earn a 10% match on levels 1 to 4
Global Bonus Pool
Homnifi takes 3% of company-wide fee revenue and places it into a Global Pool.
The 3% Global Pool is split into five smaller rank-based pools:
Gold Pros receive a share in a 32% Global Pool
Platinum Pros receive a share in a 29% Global Pool
Diamonds receive a share in a 14% Global Pool
Blue Diamonds receive a share in a 10% Global Pool
Black Diamonds receive a share in a 15% Global Pool
Rank Achievement Bonuses
Homnifi rewards affiliates for qualifying at Builder and higher with the following one-time Rank Achievement Bonuses:
qualify at Builder and receive an “up to $300” gift card
qualify at Silver Pro and receive an “up to $800” gift card
qualify at Gold Pro and receive a cell phone worth “up to $1125”
qualify at Platinum Pro and receive a laptop worth “up to $2250”
qualify at Diamond and receive a watch worth “up to $6000”
qualify at Blue Diamond and receive a watch worth up to “$15,000”
qualify at Black Diamond and receive a car worth “up to $37,150”
qualify at Crown Diamond and receive a car worth “up to $180,000”
qualify at Royal Crown Diamond and receive a house worth “up to $360,000”
Joining Homnifi
Homnifi affiliate membership is $99 annually.
Full participation in the attached income opportunity requires a minimum $100 fee to access passive returns.
Homnifi Conclusion
Homnifi is a continuation of the securities fraud started with Xera Pro and its collapsed feeder Ponzis.
All the previous Ponzi tokens have been abandoned, including Xera Pro’s EURX and CLFI. Homnifi’s new Ponzi token is LYK, which LayerK generates out of thin air.
With the Homnifi reboot having just launched LYK doesn’t mean much now. As Homnifi inevitably collapses though, its investors will no doubt be left bagholding worthless LYK.
It’s unclear whether the Australian securities fraud warning or running out of new investment saw Xera Pro collapse. It could also be both.
What is clear is neither Homnifi or any of the new attached company are registered to offer securities in any jurisdiction. This makes Homnifi and its associated companies ripe for more regulatory fraud warnings.
Or at least it would if Homnifi wasn’t a flop from launch. Evidently across the umpteen reboots of Xera Pro and its feeder Ponzis, the pool of gullible saps to steal from has shrunk considerably.
For July 2024 SimilarWeb tracked just 457 monthly visits to Homnifi’s website. Xera Pro was ~44,000 monthly visits, slipping 16% month on month.
Top sources of traffic to Xera Pro’s website as of July 2024 are Germany (61%), Australia (10%) and Italy (8%).
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Homnifi of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
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santosh8989 · 22 days ago
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streamqashagencies · 24 days ago
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littlestarnews · 5 months ago
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Homnifi Review: Xera Pro “mega Ponzi” collapses
Xera Pro launched in Dubai back in January 2024.
The “mega Ponzi” was a combination of three then recently collapsed Dubai Ponzis; Safir International (aka Neo ZenTech), Success Factory and The Blockchain Era (aka WeWe Global, LyoPay, LyoTrade and LyoWallet).
The serial fraudsters behind these collapsed Ponzi schemes took up prominent positions as Xero Pro’s “formation team”:
Henk Diepbrink – Xera Managing Director, Dutch national and former Managing Director of Safir
Werner Kaiser – Xera Global Vice President, part of Safir’s “Elite Circle of Trust” and former Lyoness Ponzi promoter
Diego Endrizzi – Xera Head of Global Sales, top Italian promoter of WeWe Global and The Blockchain Era
Gorka Buces – Xera Chief Visionary Officer, former CVO of the collapsed Xifra and Decentra Ponzi schemes
Nils Grossberg – Xera Head of Global Partnerships, founder and CEO of collapsed DagCoin and Success Factory Ponzi schemes
Following a Xero Pro securities fraud warning issued by Australia on April 23rd, affiliates began reporting withdrawals problems on or around July 15th.
This coincided with a “service update” announcement on the same day:
On August 3rd, Xera Pro announced it was rebooting as Homnifi.
Homnifi sees the scammers behind the collapsed XeraPro feeder Ponzis scuttle further into the background. Gorka Buces and Jose Gordo have been retconned as Xera Pro co-founders.
Jose Gordo, a former OneCoin Ponzi promoter who is on the run from Argentine authorities, entered Xera Pro as a WeWe Global and The Blockchain Era Ponzi promoter.
Gorka Buces has been promoted from Chief Visionary Officer to a Xera Pro co-founder.
Wener Kaiser has been demoted from Global Vice President to “Client Relations Specialist”.
Charbel Zalaquett and Goran Hemstrom are The Blockchain Era and WeWe Global Ponzi promoter imports.
Before his hasty fall-guy promotion to Homnifi “Head of Operations”, Zalaquett was still referring to himself as a Xera Pro “independent promoter” last month.
Someone else worth mentioning is Erwin Dokter, who’s behind “LayerK” and “WalleK”.
LayerK and WalleK are the cryptocurrency side of Xera Pro and now Homnifi.
Dokter is of course one of the scammers behind Safir International and its attached Zeniq Coin Ponzi scheme.
Homnifi has been set up on the domain (“homnifi.com”), privately registered on June 10th, 2024.
Xera Pro’s website is still up but seeing as it now serves no purpose, will probably be quietly disabled at some point.
On its website Homnifi represents it operates out of Homnifi International LTD, a British Virgin Islands shell company.
Like Xera Pro and its feeder Ponzis, Homnifi and its associated companies are all in fact operated from Dubai.
Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.
BehindMLM’s guidelines for Dubai are:If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.
If you want to know specifically how this applies to Homnifi, read on for a full review.
Homnifi’s Products
Homnifi markets passive returns through LayerK crypto mining and Quantwise bot trading.
Homnifi MiniMax – pay $100 to be able to invest up to $1000 into LayerK mining and $500 into Quantwise bot trading
Homnifi AirStream – pay $500 to be able to invest up to $5000 into LayerK mining and $5000 into Quantwise bot trading
Homnifi Breeze – pay $1500 to be able to invest up to $15,000 into LayerK mining and $15,000 into Quantwise bot trading
Homnifi Cyclone – pay $4500 to be able to invest up to $45,000 into LayerK mining and $45,000 into Quantwise bot trading
Homnifi Dynamo – pay $10,000 to be able to invest up to $100,000 into LayerK mining and $100,000 into Quantwise bot trading
Homnifi Elevate – pay $25,000 to be able to invest up to $250,000 into LayerK mining and an unlimited amount of money into Quantwise bot trading
Homnifi Flash – pay $50,000 to be able to invest an unlimited amount of money into LayerK mining and Quantwise bot trading
There’s also some “supernode” nonsense that pays 2% to 10% returns starting at the Homnifi Breeze investment tier.
Homnifi’s Compensation Plan
Homnifi’s compensation plan pays on the sale of access to LayerK mining and Quantwise bot trading passive returns to retail customers and recruited affiliates.
Homnifi Affiliate Ranks
There are ten affiliate ranks within Homnifi’s compensation plan.
Along with their respective qualification criteria, they are as follows:Associate – generate 100 PV and 1000 GV a monthBuilder – maintain 100 PV a month and generate 15,000 GV a monthSilver Pro – generate 200 PV and 40,000 GV a monthGold Pro – maintain 200 PV and generate 75,000 GV a monthPlatinum Pro – generate 1500 PV and 150,000 GV a monthDiamond – generate 4500 PV and 400,000 GV a monthBlue Diamond – maintain 4500 PV and generate 1,000,000 GV a monthBlack Diamond – generate 10,000 PV and 2,500,000 GV a monthCrown Diamond – generate 25,000 PV and 6,000,000 GV a monthRoyal Crown Diamond – generate 50,000 PV and 12,000,000 GV a month
PV stands for “Personal Volume”. PV is generated via fees paid by Homnifi affiliates.
GV stands for “Group Volume”. GV is the sum total PV generated by a Homnifi affiliate and their downline.
Note that for rank qualification, no more than 40% of required GV can come from any one recruitment leg.
Referral Commissions
Homnifi pays affiliates a 10% referral commission on fees paid by personally recruited affiliates.
Residual Commissions
Homnifi pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
At the end of each week Homnifi tallies up new fee volume on both sides of the binary team.
Affiliates are paid 10% of new fee volume generated on their weaker binary team.
Note that Homnifi caps residual commissions based on rank:
Associates can earn up to $1000 in residual commissions a week
Builders can earn up to $5000 in residual commissions a week
Silver Pros can earn up to $8000 in residual commissions a week
Gold Pros can earn up to $10,000 in residual commissions a week
Platinum Pros can earn up to $15,000 in residual commissions a week
Diamonds can earn up to $25,000 in residual commissions a week
Blue Diamonds can earn up to $50,000 in residual commissions a week
Black Diamonds can earn up to $75,000 in residual commissions a week
Crown Diamonds can earn up to $100,000 in residual commissions a week
Royal Crown Diamonds can earn up to $125,000 in residual commissions a week
Matching Bonus
Homnifi pays a Matching Bonus via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Homnifi caps payable unilevel team levels at four.
The Matching Bonus is paid as a percentage of residual commissions earned across these four levels based on rank:
Builders earn a 10% match on level 1 (personally recruited affiliates)
Gold Pros earn a 10% match on levels 1 and 2
Platinum Pros earn a 10% match on levels 1 to 3
Diamonds and higher earn a 10% match on levels 1 to 4
Global Bonus Pool
Homnifi takes 3% of company-wide fee revenue and places it into a Global Pool.
The 3% Global Pool is split into five smaller rank-based pools:
Gold Pros receive a share in a 32% Global Pool
Platinum Pros receive a share in a 29% Global Pool
Diamonds receive a share in a 14% Global Pool
Blue Diamonds receive a share in a 10% Global Pool
Black Diamonds receive a share in a 15% Global Pool
Rank Achievement Bonuses
Homnifi rewards affiliates for qualifying at Builder and higher with the following one-time Rank Achievement Bonuses:
qualify at Builder and receive an “up to $300” gift card
qualify at Silver Pro and receive an “up to $800” gift card
qualify at Gold Pro and receive a cell phone worth “up to $1125”
qualify at Platinum Pro and receive a laptop worth “up to $2250”
qualify at Diamond and receive a watch worth “up to $6000”
qualify at Blue Diamond and receive a watch worth up to “$15,000”
qualify at Black Diamond and receive a car worth “up to $37,150”
qualify at Crown Diamond and receive a car worth “up to $180,000”
qualify at Royal Crown Diamond and receive a house worth “up to $360,000”
Joining Homnifi
Homnifi affiliate membership is $99 annually.
Full participation in the attached income opportunity requires a minimum $100 fee to access passive returns.
Homnifi Conclusion
Homnifi is a continuation of the securities fraud started with Xera Pro and its collapsed feeder Ponzis.
All the previous Ponzi tokens have been abandoned, including Xera Pro’s EURX and CLFI. Homnifi’s new Ponzi token is LYK, which LayerK generates out of thin air.
With the Homnifi reboot having just launched LYK doesn’t mean much now. As Homnifi inevitably collapses though, its investors will no doubt be left bagholding worthless LYK.
It’s unclear whether the Australian securities fraud warning or running out of new investment saw Xera Pro collapse. It could also be both.
What is clear is neither Homnifi or any of the new attached company are registered to offer securities in any jurisdiction. This makes Homnifi and its associated companies ripe for more regulatory fraud warnings.
Or at least it would if Homnifi wasn’t a flop from launch. Evidently across the umpteen reboots of Xera Pro and its feeder Ponzis, the pool of gullible saps to steal from has shrunk considerably.
For July 2024 SimilarWeb tracked just 457 monthly visits to Homnifi’s website. Xera Pro was ~44,000 monthly visits, slipping 16% month on month.
Top sources of traffic to Xera Pro’s website as of July 2024 are Germany (61%), Australia (10%) and Italy (8%).
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
It’s unclear whether the Australian securities fraud warning or running out of new investment saw Xera Pro collapse. It could also be both.
What is clear is neither Homnifi or any of the new attached company are registered to offer securities in any jurisdiction. This makes Homnifi and its associated companies ripe for more regulatory fraud warnings.
Or at least it would if Homnifi wasn’t a flop from launch. Evidently across the umpteen reboots of Xera Pro and its feeder Ponzis, the pool of gullible saps to steal from has shrunk considerably.
For July 2024 SimilarWeb tracked just 457 monthly visits to Homnifi’s website. Xera Pro was ~44,000 monthly visits, slipping 16% month on month.
Top sources of traffic to Xera Pro’s website as of July 2024 are Germany (61%), Australia (10%) and Italy (8%).
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Homnifi of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
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direct-sale-software · 1 month ago
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Your Trusted Partner for Innovative IT Solutions
Gegosoft Technologies
In today’s fast-paced digital era, businesses need a technology partner that can deliver innovative solutions and exceptional results. Gegosoft Technologies, a leading IT company, excels in providing cutting-edge software development, digital marketing, and customized IT services. Based in Madurai, India, Gegosoft has established itself as a trusted name, catering to diverse industries worldwide.
Comprehensive IT Services
Gegosoft Technologies offers a wide range of services designed to meet the unique needs of its clients. These services include:
Blockchain Development
Web3 Development
NFT Marketplace Development
Web App Development
Mobile App Development
SaaS Software Development
Custom Laravel Development
Responsive Web Design
User Experience Design
WordPress Services
WooCommerce Website Design & Development
Digital Marketing
Custom Software Development Gegosoft specializes in building tailored software solutions that enhance efficiency and drive business growth. Their expertise spans MLM software, network marketing software, pyramid marketing software, and more.
Web Development The company delivers stunning, user-friendly websites. Their services include responsive web design, WordPress development, WooCommerce websites, and web application development.
Mobile App Development Gegosoft creates intuitive and scalable mobile apps for iOS and Android, ensuring an engaging user experience that boosts customer satisfaction.
Blockchain and Web3 Development Staying ahead of the curve, Gegosoft provides Blockchain solutions, NFT marketplace development, and Web3 applications to empower businesses in the digital transformation journey.
Digital Marketing Solutions From SEO and SEM to social media marketing, Gegosoft helps businesses improve their online visibility, generate leads, and grow their brand presence.
UI/UX Design With a focus on delivering seamless user experiences, Gegosoft’s design team creates aesthetically pleasing and highly functional interfaces that resonate with users.
See more about our Services
Our Products:
Cryptocurrency Exchange Software
MLM Admin Software
HYIP Investment Script
ICO / STO Development
School Management Software
Church CRM Software
Multi-vendor Shopping Cart
Transaction Banking Software
Construction ERP Software
Chemical Labeling Software
E-Tender Software
Why Choose Gegosoft Technologies?
Expertise Across Industries With years of experience, Gegosoft has successfully delivered projects for industries such as education, energy, e-commerce, and more.
Client-Centric Approach The company prioritizes understanding client needs and providing solutions tailored to achieve their business objectives.
Innovative Solutions Leveraging the latest technologies, Gegosoft ensures that every project meets global standards for performance and innovation.
End-to-End Services From concept to deployment, Gegosoft offers end-to-end support, ensuring a smooth and hassle-free experience for its clients.
Trusted by Businesses Worldwide
Gegosoft Technologies has built long-lasting relationships with its clients, thanks to its dedication to quality and transparency. The company’s portfolio includes numerous successful projects that demonstrate its ability to deliver beyond expectations.
Conclusion
If you’re looking for a reliable IT partner to take your business to the next level, Gegosoft Technologies is the name you can trust. Their expertise, innovative solutions, and commitment to excellence make them the perfect choice for businesses seeking comprehensive and impactful IT services.
Visit their website at www.gegosoft.com to explore their services and start your journey toward digital success.
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softwaremlm · 9 days ago
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MLM WooCommerce Plugins: Australian, Binary, Board, Monoline, Force Matrix, Unilevel MLM Plan
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These plugins work with different MLM business plans such as Australian, Binary, Board, Monoline, Force Matrix, and Unilevel MLM models. They serve global markets, including countries like Switzerland, Japan, the United States, Canada, India, Australia, Sweden, Germany, the United Kingdom, and others.
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Key Features of MLM WooCommerce Plugins:
Admin & User Dashboards: Comprehensive management panels for both administrators and users to monitor activities, reports, and performance.
Genealogy Tree: Visual representation of network hierarchies to manage downlines and add new members.
E-Wallet Integration: Secure virtual wallets for easy transaction handling and fund management.
Affiliate Links: Tools to generate unique links for referrals and track commission earnings.
Ecommerce Integration: Seamlessly integrate MLM functionalities into e-commerce websites.
Payout Management: Automated calculations and disbursement of commissions and bonuses.
Member Management: Tools to handle membership levels, downlines, and sponsor tracking.
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Commissions & Bonuses Offered:
Referrals Commission: Rewards for referring new members.
Level Commission: Earnings based on network-level performance.
Joining Commission: Bonuses upon member enrollment.
Company Commission: Allocations for company profits.
Regular Bonuses: Recurring rewards for consistent performance.
Rank Achievement Bonuses: Incentives for achieving higher ranks within the MLM structure.
Benefits:
These plugins are designed to simplify MLM operations, making it easier for businesses to manage their networks, track performance, and automate payouts. With robust international support, MLM WooCommerce Plugins provide scalability and customization, ensuring a tailored experience for businesses across the globe.
Contact us:
Skype: jks0586,
Call us | WhatsApp: +91 9717478599,
Website: www.letscms.com | www.mlmtrees.com
#MultilevelReferralAffiliate #mlmwoocommerce #woocommercemlm #MultilevelReferralwoocommerce #MultilevelWooCommerce #MLMWooCommercePlugins
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helixwebisurat · 1 month ago
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Top 10 Direct Selling Companies in India
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Direct selling is a popular business model where a party purchases products from a company and sells them directly to customers without any middleman. Reason behind the rise of direct selling companies in India is the lucrative income that is increasing day by day in the direct selling business and the extreme convenience for which people from anywhere, even from their homes can run a direct selling company. Though the number of direct selling companies is unlimited, you may experience poor service and low quality products if you are buying products randomly from any company.
But the presence of countless companies made it too time-consuming and difficult to detect the best and trustworthy direct selling business agencies in India. Well, if you continue reading this blog, you can get information about the best companies as we have listed the names and some details of the top 10 direct selling companies in India. So, let’s discover them together.
Names of the Best 10 Direct Selling Companies in India Whom You Can Deal with Full Trust
A large number of business sectors have turned towards direct selling recently because of its multiple benefits. Two types of direct selling businesses are there such as single-level and Multi-level businesses. Some direct selling companies in India who have been in the top-most position in this industry are mentioned below.
1. Amway India
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2. Vestige
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3. MI Lifestyle Marketing Global PVT. LTD.
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4. IMC
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5. Modicare
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6. Keva Kaipo Industries PVT. LTD.
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7. Atomy India
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8. Oriflame
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9. Tupperware
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10. Gyankul Network Private Limited
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Final Words
The direct selling companies in India we have mentioned above are the best platforms to join as a downline distributor for direct selling business. However, before choosing anyone, check whether your business niche is matching with the company’s products, check the company’s customer reviews, and company profile thoroughly to stay away from any scam. If you are looking for more contacts of direct selling companies in India, open MLM Club portal. This portal contains unlimited database of best direct selling companies, MLM leaders and direct selling MLM consultants from all states of India.
If you are already running your own direct selling company and want to streamline your business task, start making use of a direct selling or MLM software. You can contact HelixWebi, the top-most direct selling software development company in Surat, India to get a high-functional, well-developed MLM software. They are one of the best MLM software developers in Surat, providing direct selling multi-level marketing software development services as per different business plan. We craft direct-selling software at reasonable prices to make them an affordable option to all. Contact our experts to discuss your plan today and get accurate price estimation for MLM software development in Surat, India.
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semana-news · 4 months ago
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MLM-RELOADED: AUF KRYPTO-SCAM ZENIQ/XERA.PRO FOLGT JETZT “ÜBERFLIEGER” VOO Aviation Service
In unseren letzten Beiträgen haben Sie erfahren, wie das Krypto-Projekt Zeniq/Safir International als lukrative Investitionsmöglichkeit angepriesen wurde und sich dann als klassisches Ponzi-System entpuppte.
Trotz des Zusammenbruchs solcher Systeme verschwinden die Drahtzieher nicht einfach so, ganz im Gegenteil: Menschen eines bestimmten Formats scheinen ihren Gefallen an solch perfiden Geschäftsmodellen zu haben – so haben sich einige der zentralen Akteure von Zeniq/Safir mit ihresgleichen unter dem neuen Namen XERA.pro als “the heart of innovation” und “globale Bewegung” zusammengerottet – und einige, die sich bisher eher im Hintergrund hielten, versuchen an Nebenschauplätzen Luftschlösser für potenzielle Investoren zu bauen, so wie etwa Gernot Winter mit seinem VOO Aviation Service, einem “Uber der Lüfte”. Der Fantasie beim Erfinden von Firmennamen sind in diesem Metier keine Grenzen gesetzt, doch die Methoden bleiben die bisher bewährten: große Versprechen im Vorfeld und während pompöser Großevents, intransparente Strukturen und die Manipulation von Verbrauchern durch psychologische Tricks.
Neuauflage nach Betrugswarnungen: Wie XERA.pro geboren wurde
XERA.pro ist eine Neuauflage der gescheiterten Ponzi-Systeme ZENIQ/SAFIR, THE BLOCKCHAIN ERA und SUCCESS FACTORY. Die „brandneue“ Plattform ist also das Ergebnis einer Fusion mehrerer betrügerischer Projekte, die unter dem Druck regulatorischer Untersuchungen in mehreren Ländern wie Belgien, Russland und dem Baltikum zusammenbrachen. Laut den uns vorliegenden Informationen versuchen die Verantwortlichen nun, mit XERA.PRO ebenso wie mit ihren vorherigen Geschäftsmodellen, Investoren zu täuschen.
Doch nach einer Warnung der australischen Aufsichtsbehörde für Wertpapiere und Investitionen (Australian Securities and Investments Commission, ASIC) im April diesen Jahres droht auch XERA.pro bald – zumindest im Namen und in der Führungsriege – erneut eine Generalüberholung: Das neue Wunderkind heißt HOMNIFI und wird als “die Zukunft von Web3 und dezentralen Anwendungen” in Sachen Kryptobusiness angepriesen – Details dazu erfahren Sie in einem späteren Beitrag, doch für den Moment bleiben wir noch im aktuellen MLM-Geflecht.
Nichts als Luft: Wer hinter VOO Aviation Service steckt
Ein weiterer zentraler Akteur in diesem MLM-Netzwerk ist G. Winter. Er ist der Gründer von VOO Aviation Service, einem Unternehmen, das sich selbst als das zukünftige „Uber der Lüfte“ präsentiert. In seinen Online-Präsentationen behauptet Winter, durch die Digitalisierung und Tokenisierung von Prozessen in der Luftfahrtbranche die Effizienz und Sicherheit erheblich verbessern zu können. Winter ist allerdings nicht nur der Gründer von VOO, sondern hatte auch schon im Zusammenhang mit Zeniq/Safir und Xera.pro seine großen Auftritte, wie wir in unserem Juni-Beitrag zu Zeniq/Safir bereits berichteten: Winter war auch in die Firma Zentatec GmbH involviert, die zuvor als „JUWELIS GmbH“ bekannt war. Diese wurde von Erwin Dokter an Winter verkauft, nachdem sich das JUWELIS-Projekt aufgrund von Lieferengpässen und internen Konflikten ins Stocken geraten war.
Zudem war Winter im Netzwerk von Lyoness/Lyconet aktiv, was ihn mit einem der bekanntesten und umstrittensten MLM-Systeme in Europa verbindet – mehr dazu finden Sie in unseren Beiträgen zu Lyoness/Lyconet/myWorld. Seine Verstrickung in diesen dubios wirkenden Geflechten zeigt deutlich, wie tief die Struktur dieser Systeme geht und wie skrupellos diese aufgebaut sind, um immer wieder neue Opfer anzulocken.
MLM reloaded: Täuschende Geschäftsmodelle und Investoren-Köder
XERA.Pro nutzt vermeintlich innovative Technologien wie die Krypto-Lösungen LayerK und Wallek sowie den „QuantWize“-Trading-Bot, um Investoren zu ködern. Hinter diesen Angeboten scheint sich jedoch lediglich ein schlecht getarntes Schneeballsystem zu verbergen, bei dem die Gelder neuer Investoren verwendet werden, um die Gewinne früherer Teilnehmer auszuzahlen. Die Plattform setzt dabei stark auf Multi-Level-Marketing (MLM), um durch ein Netzwerk aus „selbstständigen Promotern“ weitere Investoren zu gewinnen.
Psychologische Tricks: Gemeinschaft, Erfolg und Exklusivität
Nach unseren Erkenntnissen spielen solche Betrugskonstrukte geschickt mit den psychologischen Bedürfnissen und Ängsten von Menschen: Die Plattform verspricht eine starke Community, in der jeder erfolgreich sein kann, und nutzt die Illusion von Erfolg und Exklusivität, um Interessenten und Investoren unter Druck zu setzen. Durch gezielte Inszenierungen versuchen die Veranstalter, bei ihren Anhängern das Gefühl von sozialer Bestätigung zu verstärken – und zu suggerieren: „Wenn du hier nicht dabei bist, verpasst du die Chance deines Lebens!“. Wir kennen diese „Masche“ auch aus anderen Ponzi-Systemen wie Lyoness/Lyconet/myWorld: Oberstes Ziel ist es, Investoren dazu zu bringen, unkritisch zu handeln, weiterhin in das System einzuzahlen und ja nichts zu hinterfragen.
“Exklusive” Conventions und Events in Platin und Gold: Eine Bühne für Betrug
Another hallmark of well-known MLM systems is the mega-events for self-praise and smoke and mirrors, whether in Dubai, Budapest, or recently in Istanbul – you’ll always find familiar names on the speaker lists, such as Erwin Dokter, Werner Kaiser, and Swen Völkl alongside Nils Grossberg, Henk Diepbrink and Goran Hemstrom (Global Master Distributor). Events dieser Art und Größenordnung dienen dazu, das Vertrauen potenzieller Investoren zu gewinnen, indem sie eine illusorische Atmosphäre des Erfolgs schaffen. In Wahrheit sind diese Shows nichts anderes als eine Inszenierung, um die Loyalität der Teilnehmer zu sichern und eine breitere Basis für das Wachstum der Pyramide anzulocken. Und selbst bei nur 10% Erfolgsquote in der Anwerbung neuer Investoren springen dabei Millionenbeträge für die Betrüger in der oberen Riege heraus.
Unser Fazit: Vorsicht vor falschem Community Spirit und dubiosen Leadership-Predigern
XERA.pro zeigt, wie alte Betrugsmaschen in neuem Gewand wiederbelebt werden können: Achten Sie darauf, bei Investitionen in solche Plattformen besonders vorsichtig zu sein und sich nicht von großen Versprechungen blenden zu lassen. Vertrauen Sie nur auf regulierte und transparente Investmentmöglichkeiten, um nicht Opfer solcher modernen Krypto-Betrüger zu werden.
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businessapac · 2 months ago
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Top 10 Network Marketing Companies in India Set to Shine in 2025
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Are you sick of your 9-to-5 job? If you’re considering joining a network marketing or multi-level marketing (MLM) company in India, you’re not alone. Network marketing companies in India provide a unique business model where individuals sell products or services directly to consumers while also recruiting others to join the business. Participants earn income not only from their own sales but also from the sales made by their recruits, creating a network of distributors. In this blog, we will look at the top network marketing companies in India and how to join them.
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History of Network Marketing
1920s: The concept began with companies like California Vitamin Company using direct selling methods.
1945: The first formal network marketing company, Nutrilite, was founded, emphasizing both product sales and recruiting.
1959: Amway was established, popularizing the MLM model and expanding it globally.
1970s-1980s: The network marketing industry grew rapidly, with many companies emerging, leading to increased scrutiny and regulatory measures.
1990s: The rise of the internet began to transform marketing strategies, allowing for easier recruitment and sales.
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Network Marketing in India
1990s: The liberalization of the Indian economy led to the entry of international network marketing companies in India.
Early 2000s: Companies like Amway and Herbalife gained popularity, introducing Indian consumers to the MLM model.
Growing Middle Class: An expanding middle class and rising disposable incomes created a fertile market for direct selling.
Regulatory Framework: The Indian government started establishing guidelines and regulations to protect consumers and ensure ethical practices.
Digital Revolution: The advent of social media and e-commerce platforms provided new avenues for recruitment and product sales.
Recent Years: Increased interest in entrepreneurship among youth has fueled growth, with many seeing network marketing as a viable career option.
Types of Network Marketing
Single-Tier Marketing Distributors earn commissions only on their own sales, not on the sales made by others.
Multi-Tier Marketing Distributors earn commissions on their own sales and also on the sales made by recruits (downline), creating multiple levels of earning potential.
Party Plan Products are showcased at social gatherings, and participants earn commissions based on sales made during these events.
Referral Marketing Participants earn commissions for referring customers who make purchases, often without the need to recruit others.
Click below mentioned link to check the top 15 Network Marketing Companies in India:
https://www.businessapac.com/network-marketing-companies-india/
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thespiritvoyager · 1 year ago
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Chris Hatting Ruined Lives Throught Ponzi Schemes?
Chris Hattingh is one of those sleazy marketers who stay in the shadows and ruin lives along the way. He has been involved in multiple Ponzi schemes and played a crucial role in making people join the notorious Ponzi scheme MTI.
You’d think, “Why would a marketer would stay out of the limelight anyway? Isn’t it counterintuitive?”
Well, when you’re a marketer for scams, it’s better to stay away from any kind of unwanted attention. Otherwise, people will start calling you out.
And a scammer can’t succeed if they get called out too much.
However, Chris Hattingh faced no consequences for promoting the MTI scam. This article will go over his connection with that alleged scam and why you should call him out as much as possible.
Note: I’m not talking about the “politician” but the MLM promoter Chris Hattingh.
Chris Hattingh’s Connection with MTI Exposed
The second Chris Hattingh, as reported by the Threat Awareness Wiki, is known for promoting multiple passive income schemes, including chain letter and Ponzi scams. He authored a hard-seller guide for Mirror Trading International (MTI), which was used in official presentations and on their website. MTI has been implicated in a Ponzi scheme, and Chris Hattingh’s involvement with it has been documented.
Furthermore, he is believed to be the primary beneficiary of Gift of Legacy, a gifting pyramid scheme. He was part of the “Core 5 team” of admins behind the scam and has also been promoting a stem cell rejuvenation product that patches MLM. Despite the collapse of Gift of Legacy, he has been involved in its reboots, including New Earth Economy Global, which has been criticized for being a tiered matrix gifting model similar to the original scam.
Gift of Legacy received a pyramid scheme fraud warning from Russia, and despite being run by South Africans within South Africa and targeting South Africans, South African authorities have not taken action against the scam. Chris Hattingh’s involvement in these schemes has been a subject of controversy and has been reported by various sources dedicated to exposing scams and fraudulent activities.
In summary, the controversies surrounding Chris Hattingh are twofold, with one individual being a politician with a clean record in public service, and the other being implicated in promoting fraudulent passive income and pyramid schemes. It is crucial to distinguish between the two when discussing the controversies surrounding the name Chris Hattingh.
More about Chris Hattingh’s Scam:
The Gift of Legacy is described as a gifting pyramid scheme due to its business model, which involves participants giving cash “gifts” to higher-ranking members with the expectation of receiving larger amounts in return as they recruit new members to join beneath them. This type of scheme is characterized by its reliance on continuous recruitment of new participants to sustain payouts to those at higher levels in the pyramid. The mathematical inevitability is that the majority of participants will lose money, as the scheme relies on an ever-increasing number of new recruits, which is unsustainable in the long term.
Chris was among the biggest promoters of this scheme.
The Gift of Legacy scheme has been criticized for its structure, which is similar to other known pyramid and Ponzi schemes. It operates on a simple matrix gifting pyramid model, where participants pay in a certain amount (e.g., $100) and are promised a significantly higher return (e.g., $700) as they progress up the levels by recruiting others. This model is inherently flawed because it requires an infinite number of new participants to join for everyone to receive the promised returns, which is impossible.
The scheme has been subject to legal scrutiny and warnings. For example, the Consumer Protection Act of South Africa outlaws such schemes, and in Michigan, promoting a pyramid scheme is a felony, while participating in one is a misdemeanor. Despite these legal implications, the scheme has been promoted and defended by some of its participants, who argue that it is a voluntary gifting activity that can change people’s lives for the better. However, the mathematical certainty and legal stance on such schemes contradict these claims.
Gift of Legacy has faced collapse and has been rebooted under different names, such as New Earth Economy Global, which indicates a pattern of rebranding and restarting such schemes after they inevitably fail due to the exhaustion of the pool of new recruits.
As people don’t call out the actual promoters of these scams, it gets easy for the perpetrators to get away with it. The scammers don’t face any legal repercussions as they can restart their Ponzi scheme with a simple rebrand.
Despite the reboots, the fundamental issue of the pyramid structure remains unchanged, leading to the same outcome of collapse.
The scheme has been widely recognized as illegal and a form of financial fraud, with various consumer protection agencies and scam awareness groups warning against participation in such schemes. They emphasize that gifting clubs are illegal pyramid schemes and that participants are likely to lose their investment. Additionally, involvement in these schemes can put individuals at risk of identity theft and other scams, as their personal information is shared among participants.
In summary, the Gift of Legacy is a pyramid scheme that operates on the principle of recruiting new members to provide financial “gifts” to those above them in the hierarchy, with the promise of receiving larger amounts in return. The scheme is illegal and unsustainable, and it has been subject to legal action and public warnings due to its fraudulent nature.
How Chris Hattingh’s Scam Affected Others:
The Gift of Legacy pyramid scheme, like many similar schemes, has a significant negative impact on its participants and the broader community. This scheme operates on a matrix-based gifting model where participants make a $100 gifting payment with the expectation of receiving a larger payout as more members join the scheme. However, the structure is inherently unsustainable and leads to financial loss for the majority of its participants.
Financial Losses
The primary impact of the Gift of Legacy scheme is financial loss for the majority of its participants. The scheme requires each participant to recruit more members to sustain the payout structure. As detailed in the analysis, the mathematical model shows that it requires exponentially more people to join to sustain the payouts, which is practically impossible as it would eventually require more people than the total global population. This pyramid structure guarantees that while a few early entrants may receive payouts, the majority who are lower down in the structure will lose their money when the scheme inevitably collapses due to a lack of new recruits.
Legal and Ethical Issues
Pyramid schemes like Gift of Legacy are illegal in many jurisdictions. They are considered fraudulent because they promise high returns that are not based on any legitimate underlying business activities but rather on the continuous recruitment of new members. Participants, often misled by the scheme’s promises, find themselves not only at financial loss but also potentially facing legal consequences for participating in or promoting illegal activities.
Sadly, many people aren’t even aware of the illegal nature of these scams.
Psychological and Social Strain
The scheme often targets vulnerable individuals looking for financial opportunities in tough economic times. The psychological impact of losing money can be severe, leading to stress and a sense of betrayal, especially when personal relationships are leveraged to recruit new members. This can lead to strained relationships and a breakdown of trust within communities and families.
It’s worth noting that MLM schemes tend to fracture families horribly. I don’t know about you but I start avoiding any relative who joins such schemes because I know they might ask me to join.
Misuse of Funds
The structure of the scheme ensures that most of the money collected is funneled to the top leaders of the pyramid. In the case of Gift of Legacy, it is reported that the scheme is designed to benefit the founders and those in the top tiers at the expense of the majority of the members. This transfer of wealth from many to a few exacerbates inequality and contributes to a deceptive business practice that enriches the scheme’s operators under false pretenses.
Wider Economic Impact
Beyond individual financial losses, pyramid schemes like Gift of Legacy can have broader economic implications. They divert funds away from legitimate business investments and consumer spending, which can have ripple effects on local economies. Additionally, the inevitable collapse of such schemes can lead to broader distrust in legitimate financial systems and investment opportunities, which is detrimental to economic stability.
In conclusion, the Gift of Legacy pyramid scheme, characterized by its unsustainable recruitment-driven payout structure, not only leads to significant financial losses for the majority of its participants but also poses legal risks, contributes to psychological and social harm, and has a negative impact on the broader economic landscape.
What You Can Do About Chris Hattingh
While many people are aware of the Mirror Trading International scam, few people recognize actual names who ran that operation.
As a result, while the scams keep shutting down and rebooting, the actual scammers keep getting richer.
If you want to save others from falling prey to such scams the best thing you can do is raise awareness about those promoters.
As long as people will remain ignorant of the promoters aka the actual “brains” behind such Ponzi schemes, there’s no use of shutting down MLM scams.
The best thing you can do is share this article with others. Or, talk about it on social media.
The more people get to know about these scammers the less chances they have to actually defraud someone.
After all, most of the victims are desperate, gullible people who easily fall for any way out of their rat-race-esque life. The least you and I can do is make as many people aware of scammers like Chris Hattingh as possible.
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shahemtiaj · 2 months ago
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