Versobot fails to offer possession or govt info on its web site.
Versobot’s web site area (“versobot.internet”), was initially registered in September 2022. The personal registration was final up to date on Could eighth, 2023.
Versobot’s social media profiles have been created in March 2023, so presumably that is across the time the corporate launched.
For information on who’s operating Versobot we flip to a June third article from Brazil’s UOL.
Of their report UOL explores “sub-celebrities” getting used to advertise Versobot. The publication additionally names Aldo Toledo as Versobot’s founder.
The creator of Versobot, Aldo Toledo, has already handed via a number of monetary pyramids, together with OneCoin of the “Queen of cryptocurrencies” wished by the FBI.
BehindMLM final got here throughout Toledo as CEO of the Quanticon Ponzi scheme earlier this 12 months.
Quanticon seems to have collapsed shortly after launch.
Quanitcon’s web site is gone and Toledo has deleted beforehand accessible advertising movies from his YouTube channel.
Along with Quanticon, different MLM Ponzi schemes Toledo has promoted embody:
- GetEasy (2014) – MLM Ponzi scheme that focused Portuguese and Brazilian traders
- iGetMania (2015) – GetEasy reboot Ponzi
- Go2Up (2015) – one other GetEasy reboot Ponzi
- ZyouCoin (~2017) – 200% ROI crypto Ponzi scheme (not reviewed on BehindMLM so unclear whether or not MLM)
- GladiaCoin (2017) – 200% ROI MLM crypto Ponzi scheme
UOL moreover ties Toledo to Monarch and the infamous OneCoin Ponzi scheme.
Versobot seems to be a straight reboot of Quanticon.
Toledo is initially from Venezuela however is now based mostly out of Spain. He additionally seems to have ties to Brazil.
That is mirrored in SimilarWeb pegging present prime sources of visitors to Versobot’s web site as Brazil (60%) and Spain (38%).
Learn on for a full evaluation of Versobot’s MLM alternative.
Versobot’s Merchandise
Versobot has no retailable services or products.
Associates are solely in a position to market Versobot affiliate membership itself.
Versobot’s Compensation Plan
Versobot associates spend money on 40 tether (USDT) a month funding positions.
That is achieved on the promise of an “as much as” 2% a day ROI, paid out on every 40 USDT place.
The return Versobot pays out every day purportedly represents 40% of returns Versobot generates by way of a buying and selling bot.
The MLM facet of Versobot pays on recruitment of affiliate traders.
Versobot Affiliate Ranks
There are twelve affiliate ranks inside Versobot’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – join as a Versobot affiliate
- Bronze – generate $50 in private funding quantity, recruit 5 associates and generate $1500 in downline funding quantity (not more than $750 from anyone recruitment leg)
- Silver – generate $100 in private funding quantity, recruit seven associates (two have to be Bronze or larger), and generate $3000 in downline funding quantity (not more than $1500 from anyone recruitment leg)
- Gold – generate $500 in private funding quantity, recruit 9 associates (three have to be Silver or larger), and generate $9000 in downline funding quantity (not more than $4500 from anyone recruitment leg)
- Sapphire – generate $1000 in private funding quantity, recruit eleven associates (three have to be Gold or larger), and generate $15,000 in downline funding quantity (not more than $7500 from anyone recruitment leg)
- Ruby – generate $2500 in private funding quantity, recruit 13 associates (three have to be Sapphire or larger), and generate $24,000 in downline funding quantity (not more than $12,000 from anyone recruitment leg)
- Emerald – generate $5000 in private funding quantity, recruit fifteen associates (three have to be Bronze or larger), and generate $30,000 in downline funding quantity (not more than $15,000 from anyone recruitment leg)
- Diamond – generate $10,000 in private funding quantity, recruit seventeen associates (4 have to be Emerald or larger), and generate $45,000 in downline funding quantity (not more than $22,500 from anyone recruitment leg)
- Blue Diamond – generate $20,000 in private funding quantity, recruit twenty associates (4 have to be Diamond or larger), and generate $60,000 in downline funding quantity (not more than $30,000 from anyone recruitment leg)
- Black Diamond – generate $30,000 in private funding quantity, recruit twenty-five associates (4 have to be Blue Diamond or larger), and generate $120,000 in downline funding quantity (not more than $60,000 from anyone recruitment leg)
- Monarch Diamond – generate $50,000 in private funding quantity, recruit thirty associates (4 have to be Black Diamond or larger), and generate $250,000 in downline funding quantity (not more than $125,000 from anyone recruitment leg)
- Imperial Diamond – generate $100,000 in private funding quantity, recruit forty associates (5 have to be Monarch Diamond or larger), and generate $600,000 in downline funding quantity (not more than $300,000 from anyone recruitment leg)
Be aware Versobot’s compensation plan refers to what I’ve termed “private funding quantity” as “pct”. There isn’t a clarification of what “pct” is.
I’ve assumed “pct” is a mix of non-public funding plus funding of personally recruited associates. It’s additionally doable “pct” can also be only a Versobot affiliate’s personal funding.
Residual Commissions
Versobot pays residual commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned instantly below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Versobot caps payable unilevel staff ranges at 5.
Versobot represents residual commissions are paid as a proportion of 15% of passive returns it generates via its bot.
- degree 1 (personally recruited associates) – 5%
- degree 2 – 4%
- degree 3 – 3%
- degree 4 – 2%
- degree 5 – 1%
World Participation Swimming pools
Versobot takes 5% of company-wide funding nad locations it into 5 smaller 1% World Participation Swimming pools.
These swimming pools correspond with rank:
- Diamond and better ranked associates obtain a share in a smaller 1% World Participation Pool
- Blue Diamond and better ranked associates obtain a share in a smaller 1% World Participation Pool
- Black Diamond and better ranked associates obtain a share in a smaller 1% World Participation Pool
- Monarch Diamond and better ranked associates obtain a share in a smaller 1% World Participation Pool
- Imperial Diamond ranked associates obtain a share in a smaller 1% World Participation Pool
Be aware that Imperial Diamond is the one rank that receives a share in every of the 5 smaller World Participation Swimming pools
Rank Achievement Bonuses
Versobot rewards associates for qualifying at Bronze and better with the next one-time Rank Achievement Bonuses:
- qualify at Bronze and obtain both 3 40 USDT funding positions or 150 USDT
- qualify at Silver and obtain six 40 USDT funding positions or 300 USDT
- qualify at Gold and obtain a Montblanc pen
- qualify at Sapphire and obtain an iPhone 14
- qualify at Ruby and obtain an iPad Professional
- qualify at Emerald and obtain a MacBook Professional
- qualify at Diamond and obtain a “cruise journey”
- qualify at Blue Diamond and obtain a “Latin America journey”
- qualify at Black Diamond and obtain “Dubai journey”
- qualify at Diamond Monarch and obtain “Maldives journey”
- qualify at Diamond Imperial and obtain a BMW automotive
Becoming a member of Versobot
Versobot affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal 40 USDT month-to-month funding.
Versobot Conclusion
Quanticon was arrange as a “lulz can’t contact our cash!” funding scheme. Associates paid a price for entry to a buying and selling bot and invested funds to be put below collective management of the bot.
Mentioned bot was supplied by Disruptive Studio, a Ponzi manufacturing unit run by Darren Olayan and Daniel Cruz.
Versobot seems to simply be an easier 40 USDT a pop Ponzi scheme. There wasn’t any point out of paying for entry to a bot and dumping in extra funds.
There isn’t a point out of Disruptive Studio on Versobot’s web site or in its advertising.
Other than compensation tweaks (Quanticon’s matrix is gone and Versobot provides ranks), the one different distinction is Versobot has an AI advertising grift angle.
In case it wasn’t apparent, Aldo Toledo doesn’t have a buying and selling bot – or no less than not one which’s producing the returns Versobot and Quanticon earlier than it promote.
Versobot is a Ponzi scheme from a serial Ponzi promoter, who’s now additionally a serial Ponzi launcher.
On the regulatory entrance neither Versobot or Toledo are registered to off securities in Brazil or Spain.
Which means at a minimal, Toledo is commiting securities fraud in Versobot’s two largest markets.
MLM corporations committing securities fraud and operating Ponzi schemes go hand-in-hand.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Versobot of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of members lose cash.