Regardless of claiming it “believes in full transparency”, BMcontract fails to supply possession or govt info on its web site.
BMcontract’s web site area (“bmcontract.io”), was privately registered on August fifteenth, 2023.
Regardless of solely current for a couple of week, BMcontract claims it
has a observe report of offering an distinctive 99% success fee by means of its AI-driven buying and selling methods.
As all the time, if an MLM firm just isn’t overtly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
BMcontract’s Merchandise
BMcontract has no retailable services or products.
Associates are solely in a position to market BMcontract affiliate membership itself.
BMcontract’s Compensation Plan
BMcontract associates make investments funds on the promise of marketed returns:
- BMcontract Lite – make investments $500 to $4999 and obtain 3% a day for 20 weekdays
- BMcontract Professional – make investments $5000 to $9999 and obtain 4% a day for 20 weekdays
- BMcontract Gold – make investments $10,000 to $100,000 and obtain 5% a day for 20 weekdays
BMcontract pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned instantly underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
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.
Bmcontract caps payable unilevel group ranges at 4.
Referral commissions are paid as a proportion of funds invested throughout these 4 ranges as follows:
- degree 1 (personally recruited associates) – 7%
- degree 2 – 5%
- degree 3 – 3%
- degree 4 – 1%
Becoming a member of BMcontract
BMcontract affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $500 funding.
BMcontract Conclusion
BMcontract presents up typical AI buying and selling bot ruse:
Our state-of-the-art platform integrates superior AI applied sciences with the experience of seasoned buying and selling professionals to
give you a aggressive edge within the international foreign money markets.
This ruse fails the Ponzi logic take a look at. If BMcontract has an AI buying and selling bot already able to legitimately producing 5% a day on a constant foundation, what do they want your cash for?
The reply lies in there not being a buying and selling bot. BMcontract is operating a easy Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve BMcontract of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of individuals lose cash.