Jet-Bot fails to supply possession or government data on its web site.
Jet-Bot’s web site area (“jet-bot.com”), was initially registered in January 2020.
The non-public registration was final up to date on January sixth, 2022.
Jet-Bot’s emblem references “GT-Protocol”. On the high of Jet-Bot’s web site, we additionally discover a GT-Protocol associated message:
Jet-Bot transforms into GT-Protocol: Uncover our evolution and rebranding journey.
GT-Protocol is a few AI grift “staking” Ponzi constructed round a GTP shit token.
Two names we are able to connect to Jet-Bot by GT-Protocol are Alex Vasilyev and Vlad Balaban.
Aside from the apparent crypto bro connotation and implied ties to jap Europe, I wasn’t capable of finding something additional on Vasilyev or Balaban.
As all the time, if an MLM firm will not be overtly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
Jet-Bot’s Merchandise
Jet-Bot has no retailable services or products.
Associates are solely capable of market Jet-Bot affiliate membership itself.
Jet-Bot’s Compensation Plan
Jet-Bot associates pay a payment after which place cryptocurrency below the management of Jet-Bot’s buying and selling bot.
That is achieved on the expectation of marketed returns:
- pay $50 for a 200% ROI (50% payment charged on ROI)
- pay $100 for a 300% ROI (30% payment charged on ROI)
- pay $200 for a 500% ROI (20% payment charged on ROI)
- pay $1500 for no ROI restrict (no ROI payment)
Be aware that for the primary three funding plans, a brand new payment fee have to be made when the ROI restrict is reached.
Jet-Bot pays referral commissions on the above payment funds down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 25%
- stage 2 – 15%
- stage 3 – 10%
Becoming a member of Jet-Bot
Jet-Bot affiliate membership prices $50 to $1500.
The extra a Jet-Bot affiliate spends in charges the upper their earnings potential.
Jet-Bot Conclusion
Jet-Bot represents associates generate returns through buying and selling on Binance.
What does Jet-Bot provide for buyers?
Jet Bot Binance Copy buying and selling Strategie [sic] permits buyers to repeat all offers {of professional} merchants on the Binance change.
A duplicate buying and selling service was launched in June 2019. For the reason that launch extra then 8 copy buying and selling methods have been obtainable for a replica buying and selling to Jet-Bot customers.
Throughout on a regular basis all methods confirmed constructive buying and selling efficiency every month. The common month-to-month revenue is +21%/month.
That is the “lulz can’t contact our cash!” ruse.
Ought to I switch my funds to Jet-Bot?
No, you don’t have to switch funds to the platform. You maintain your crypto in your individual private Binance account.
At worst these fashions run as Ponzi schemes, with the bot rigging trades between admin/investor accounts to cowl returns. Finally this collapses and a few exit-scam excuse is trotted out.
At finest you’re counting on a buying and selling bot run by unknowns that might blow up at any time. Sometimes this occurs by rigged trades in favor of the admin.
Keep in mind, you’re giving entry to your Binance account to Jet-Bot. You don’t truly personal the buying and selling bot or management it.
On the regulatory entrance providing passive returns through a buying and selling bot constitutes a securities providing. This requires registration with regulators and filed audited monetary studies.
Jet-Bot fails to supply proof it has registered with monetary regulators in any jurisdiction.
Which means at a minimal, Jet-Bot is committing securities fraud.
Whereas it doesn’t look like MLM, GT-Protocol has the identical legitimacy issues Jet-Bot does (passive returns with no regulatory registration or audited monetary studies).
GT-Protocol nevertheless is a straight up “staking” mannequin Ponzi scheme.
Failure to adjust to regulatory necessities apart, that the identical individuals are operating GT-Protocol and Jet-Bot ought to on the very least be pause for concern.