Metogence fails to offer verifiable possession or government info on its web site.
Whereas Metogence does present an inventory of executives, they’re fictional identities represented by stolen pictures:
Metogence’s web site area (“metogence.com”), was privately registered on April twentieth, 2023.
In an try to look official, Metogence offers shell firm registration particulars for the UK, US, Uganda an d Nigeria.
As a result of ease with which scammers are in a position to incorporate shell corporations with bogus particulars, for the aim of MLM due-diligence these certificates are meaningless.
Though not definitive, it’s value noting that Metogence’s official advertising and marketing materials is put collectively by somebody going by “Umesh”.
A fast Google search reveals the identify “Umesh” is often related to India.
As all the time, if an MLM firm just isn’t overtly upfront about who’s working or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
Metogence’s Merchandise
Metogence has no retailable services or products.
Associates are solely in a position to market Metogence affiliate membership itself.
Metogence’s Compensation Plan
Metogence associates make investments USD equivalents in cryptocurrency.
That is carried out on the promise of marketed weekday returns, paid for 200 days:
- Bronze – make investments $25 to $499 and obtain 1.5% a day
- Silver – make investments $500 to $4999 and obtain 1.75% a day
- Gold – make investments $5000 to $24,999 and obtain 2% a day
- Diamond – make investments $25,000 to $99,999 and obtain 2.25% a day
- Platinum – make investments $100,000 or extra and obtain 2.5% a day
Notice that Metogence prices a ten% charge on all withdrawal requests.
The MLM facet of Metogence pays on recruitment of affiliate buyers.
Metogence Affiliate Ranks
There are ten affiliate ranks inside Metogence’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – recruit two affiliate buyers and generate $1000 in weaker binary crew facet quantity
- Soldier – preserve two personally recruited affiliate buyers and generate $5000 in weaker binary crew facet quantity
- Chief – preserve two personally recruited affiliate buyers and generate $25,000 in weaker binary crew facet quantity
- Professional – preserve two personally recruited affiliate buyers and generate $50,000 in weaker binary crew facet quantity
- Rook – preserve two personally recruited affiliate buyers and generate $100,000 in weaker binary crew facet quantity
- Knight – preserve two personally recruited affiliate buyers and generate $250,000 in weaker binary crew facet quantity
- Bishop – preserve two personally recruited affiliate buyers and generate $500,000 in weaker binary crew facet quantity
- Queen – preserve two personally recruited affiliate buyers and generate $1,000,000 in weaker binary crew facet quantity
- King – preserve two personally recruited affiliate buyers and generate $5,000,000 in weaker binary crew facet quantity
- Ace – preserve two personally recruited affiliate buyers and generate $10,000,000 in weaker binary crew facet quantity
Referral Commissions
Metogence pays a 7% to 12% referral fee on cryptocurrency invested by personally recruited associates:
- Bronze tier associates earn a 7% referral fee price
- Silver tier associates earn an 8% referral fee price
- Gold tier associates earn a 9% referral fee price
- Diamond tier associates earn a ten% referral fee price
- Platinum tier associates earn a 12% referral fee rat
Residual Commissions
Metogence pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary crew, break up into two sides (left and proper):
The primary degree of the binary crew homes two positions. The second degree of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary crew are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary crew are stuffed through direct and oblique recruitment of associates. Notice there isn’t any restrict to how deep a binary crew can develop.
On the finish of every day Metogence tallies up new funding quantity on each side of the binary crew.
Associates are paid a ten% fee on cryptocurrency invested on their weaker binary crew facet.
Notice that residual commissions are capped based mostly on how a lot a Metogence affiliate has invested:
- Bronze tier associates can earn as much as $1000 a day
- Silver tier associates can earn as much as $5000 a day
- Gold tier associates can earn as much as $10,000 a day
- Diamond tier associates can earn as much as $15,000 a day
- Platinum tier associates can earn as much as $25,000 a day
As soon as paid out on, quantity is matched in opposition to the stronger binary crew facet and flushed.
Any leftover quantity on the stronger binary crew facet carries over.
Rank Achievement Bonuses
Metogence rewards associates for qualifying at Affiliate and better with the next one-time Rank Achievement Bonuses:
- qualify at Affiliate and obtain $25
- qualify at Soldier and obtain $100
- qualify at Chief and obtain $500
- qualify at Professional and obtain $1200
- qualify at Rook and obtain $2500
- qualify at Knight and obtain $5000
- qualify at Bishop and obtain $10,000
- qualify at Queen and obtain $25,000
- qualify at King and obtain $150,000
- qualify at Ace and obtain $500,000
Becoming a member of Metogence
Metogence affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal $25 funding.
Metogence solicits funding in numerous cryptocurrencies.
Metogence Conclusion
Metogence represents it generates exterior income through AI buying and selling bots;
Metogence is an AI expertise funding Firm which focuses on the develop in AI trade. It makes use of newest high-tech BOTS to trades at a number of platforms and exchanges and supply one of the best income for the buyers.
No proof of Metogence utilizing buying and selling income to pay withdrawals is supplied.
Fictional executives, an AI buying and selling bot grift, shell corporations… Metogence is your typical MLM crypto Ponzi scheme.
Put merely: Anybody able to legitimately producing 2.5% a day on a constant foundation, isn’t offering you entry without spending a dime.
In reality they’d unlikely be offering anybody entry, as a substitute opting to generate themselves 2.5% a day and amassing a fortune.
As with all MLM Ponzi schemes, as soon as affiliate recruitment runs dry so too will new funding.
It will starve Metogence of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of individuals lose cash.