Unicorn Extremely fails to supply possession or government data on its web site.
Unicorn Extremely operates from two identified web site domains:
- u2sto.xyz – privately registered on December 14th, 2022
- uniultra.xyz – privately registered on December fifth, 2022
Advertising movies on Unicorn Extremely’s web site recommend the corporate is focusing on Vietnam.
Over 200 company attended the Unicorn Extremely Group Offline Occasion on April fifteenth at Tan Son Nhat Pavillon in Ho Chi Minh Metropolis, to listen to specialists from Unicorn Extremely share their views and analyze the blockchain market.
This means Unicorn Extremely is being run from Vietnam however I wasn’t in a position to definitively verify.
As at all times, if an MLM firm will not be brazenly upfront about who’s working or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.
Unicorn Extremely’s Merchandise
Unicorn Extremely has no retailable services or products.
Associates are solely in a position to market Unicorn Extremely affiliate membership itself.
Unicorn Extremely’s Compensation Plan
Unicorn Extremely associates spend money on U2U token. How a lot is charged is dependent upon how a lot has already been invested:
- Spherical 1 – 15 cents a token capped at $1,000,000
- Spherical 2 – 20 cents a token capped at $2,000,000
- Spherical 3 – 30 cents a token capped at $4,500,000
- Spherical 4 – 40 cents a token capped at $10,000,000
- Spherical 5 – 50 cents a token capped at $15,000,000
- Spherical 6 – 60 cents a token capped at $21,000,000
- Spherical 7 – 70 cents a token capped at $28,000,000
- Spherical 8 – 80 cents a token capped at $28,000,000
- Spherical 9 – 90 cents a token capped at $27,000,000
- Spherical 10 – $1 a token capped at $25,000,000
Invested U2U tokens are positioned right into a “vesting pool” which pays a passive return.
This course of sees invested U2U tokens locked up for six months, after which they’re “launched” to buyers at a fee of 5% to twenty% a month.
The MLM facet of Unicorn Extremely pays on recruitment of affiliate buyers.
Unicorn Extremely Affiliate Referral Ranks
There are 4 affiliate ranks inside Unicorn Extremely’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- The Face – join as a Unicorn Extremely affiliate and make investments $100 in U2U tokens
- Pal of the Home – make investments $1000 in U2U tokens and recruit three The Face ranked associates
- Model Ambassador – make investments $3000 in U2U tokens and recruit 5 Pal of the Home ranked associates
- Model Spokesman – make investments $5000 in U2U tokens and recruit 5 Model Ambassador ranked associates
Word that recruited associates should have an energetic U2U funding to depend in direction of rank qualification.
Preliminary Referral Commissions
Unicorn Extremely pays referral commissions down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 7%, capped at $10,000
- stage 2 – 5%, capped at $20,000
- stage 3 – 1%, capped at $30,000
After preliminary referral fee caps are reached, referral commissions are then paid out as per “leaders referral commissions” under.
Leaders Referral Commissions
After preliminary referral fee caps, Unicorn Extremely pays referral commissions out topic to rank qualification:
- The Face ranked associates earn 3% on ranges 1 to three
- Pal of the Home ranked associates earn 5% on stage 1 and a pair of% on ranges 2 and three
- Model Ambassador ranked associates earn 7% on stage 1 and a pair of% on ranges 2 and three
- Model Spokesman ranked associates earn 9% on stage 1 and a pair of% on stage 2 and three
Word that Unicorn Extremely’s compensation plan doesn’t explicitly specify whether or not Leaders Referral Commissions are paid down three ranges of recruitment.
Given preliminary recruitment commissions are, I’ve assumed this depth is retained.
Group Associate Fee
Group Associate Commissions pays an extra 6% on downline U2U token recruitment.
To qualify for Group Associate Commissions, a Unicorn Extremely can both:
- qualify at Model Spokesperson; or
- generate $200,000 in downline U2U token funding and have recruited three associates who’ve a “U3 medal”
U3 medal isn’t outlined in Unicorn Extremely’s compensation plan so I’m unsure what it’s.
Becoming a member of Unicorn Extremely
Unicorn Extremely affiliate membership is free.
Full participation requires an funding in U2U tokens. Though not explicitly clarified, I imagine the minimal funding quantity is $100.
Unicorn Extremely solicits funding in varied stablecoins.
Unicorn Extremely Conclusion
Unicorn Extremely is an easy crypto “staking” Ponzi.
Associates spend money on U2U tokens, park them with the corporate (this seems to be necessary for at the very least 6 months), receives a commission extra U2U tokens, after which hope to money out subsequently invested funds.
To clarify away ROI income, Unicorn Extremely gives up a “transaction charge” ruse…
…however this doesn’t maintain a lot water contemplating
- no person exterior of the funding scheme will use Unicorn Extremely; and
- charges are unlikely to generate sufficient income to fund an funding scheme based mostly on a token going from 15 cents to $1+.
Unicorn Extremely additionally sees itself as a “blockchain incubator”.
Supposedly crypto startups are going to flock to a cookie-cutter MLM crypto Ponzi and generate extra transaction charges exterior of the affiliate investor-base.
This may occur as a result of… uh, causes.
Unicorn Extremely being run by individuals unknown and focusing on Vietnam can also be a priority.
As a consequence of language obstacles BehindMLM doesn’t cowl Vietnam as a lot nevertheless it consistently pops up as a hotbed for crypto fraud – totally on the sufferer facet of issues.
On the regulatory entrance Unicorn Extremely’s U2U token funding scheme constitutes a securities providing. Unicorn Extremely fails to supply proof it has registered with monetary regulators in any jurisdiction.
Because of this, at a minimal, Unicorn Extremely is committing securities fraud.
MLM Ponzi schemes and securities fraud go hand in hand.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may go away Unicorn Extremely unable to honor affiliate withdrawal requests, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of members lose cash.