MyDaina stylizes itself as “MydA.Ina”. That’s awkwardly silly so we’ll run with MyDaina as a substitute.
MyDaina fails to offer verifiable possession or govt data on its web site.
MyDaina does present three fictional executives, none of whom exist exterior of MyDaina’s personal advertising and marketing.
MyDaina’s CEO, “Joaquin Canal”, seems to be BitBCN shitcoin CTO Juan Manuel Lanuza Belmonte:
“Rawad Nassar”, MyDaina’s VP of Gross sales, is undoubtedly UK nationwide Thaher Miah:
Miah is a Regional Director/Supervisor at Coinstore, a crypto alternate headquartered in Singapore.
I wasn’t in a position to verify however Thaher Miah has dedicated to taking part in a fictional MyDaina govt:
Of the 4 movies on MyDaina’s YouTube channel, two are English shows that includes Miah. The opposite two movies are a Korean presentation and advertising and marketing occasion held in Vietnam.
MyDaina doesn’t specify the place it’s working from on its web site.
MyDaina’s web site area (“mydaina.com”), was privately registered on July twenty second, 2023.
As at all times, if an MLM firm isn’t overtly upfront about who’s working or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
MyDaina’s Merchandise
MyDaina has no retailable services or products.
Associates are solely in a position to market MyDaina affiliate membership itself.
MyDaina’s Compensation Plan
MyDaina associates make investments USDT equivalents in cryptocurrency.
That is carried out on the promise of as much as 1.5% a day, capped at as much as 360% yearly.
- A.I Uncover – make investments $25 and obtain as much as 1% a day for 12 months (capped at 20% a month)
- A.I Beginner – make investments $50 and obtain as much as 1% a day for 12 months (capped at 20% a month)
- A.I Starter – make investments $100 and obtain as much as 1% a day for 12 months (capped at 20% a month)
- A.I Promoter – make investments $500 and obtain as much as 1% a day for 12 months (capped at 20% a month)
- A.I Supervisor – make investments $1000 and obtain as much as 1.5% a day for 12 months (capped at 30% a month)
- A.I Chief – make investments $2500 and obtain as much as 1.5% a day for 12 months (capped at 30% a month)
- A.I Professional – make investments $5000 and obtain as much as 1.5% a day for 12 months (capped at 30% a month)
- A.I Professional 2 – make investments $10,000 and obtain as much as 1.5% a day for 12 months (capped at 30% a month)
- A.I President – make investments $20,000 and obtain as much as 1.5% a day for 12 months (capped at 30% a month)
- A.I Goat – make investments $50,000 and obtain as much as 1.5% a day for 12 months (capped at 30% a month)
A $100 to entry PAMM funding plan can be obtainable.
MyDaina’s PAMM funding plan pays as much as 20% a month on a minimal $100 funding.
Be aware that if 500% is reached by way of a mixture of the passive returns and MLM commissions, reinvestment is required to proceed incomes.
The MLM aspect of MyDaina pays on recruitment of affiliate traders.
MLM Fee Restrictions
Be aware that MyDaina caps MLM commissions each day, primarily based on how a lot an affiliate has invested:
- A.I Uncover associates are capped at $12.50 a day
- A.I Beginner associates are capped at $25 a day
- A.I Starter associates are capped at $50 a day
- A.I Promoter associates are capped at $250 a day
- A.I Supervisor associates are capped at $500 a day
- A.I Chief associates are capped at $1250 a day
- A.I Professional associates are capped at $2500 a day
- A.I Professional 2 associates are capped at $5000 a day
- A.I President associates are capped at $10,000 a day
- A.I Goat associates who’re additionally ranked Crown Diamond are capped at $15,000 a day
Be aware that along with the above limits, MyDaina additionally solely pays out 70% of withdrawal requests. The opposite 30% is paid out over 12 months.
MyDaina Affiliate Ranks
There are twelve affiliate ranks inside MyDaina’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Jade – generate $500 in accrued weaker binary crew funding quantity
- Sapphire – generate $2500 in accrued weaker binary crew funding quantity
- Ruby – generate $5000 in accrued weaker binary crew funding quantity
- Emerald – generate $20,000 in accrued weaker binary crew funding quantity
- Diamond – generate $50,000 in accrued weaker binary crew funding quantity
- Blue Diamond – generate $100,000 in accrued weaker binary crew funding quantity
- Inexperienced Diamond – generate $250,000 in accrued weaker binary crew funding quantity
- Pink Diamond – generate $500,000 in accrued weaker binary crew funding quantity
- Black Diamond – generate $1,500,000 in accrued weaker binary crew funding quantity
- Crown Diamond – generate $3,000,000 in accrued weaker binary crew funding quantity
- Ambassador – generate $5,000,000 in accrued weaker binary crew funding quantity
- Royal Ambassador – generate $10,000,000 in accrued weaker binary crew funding quantity
Referral Commissions
MyDaina pays a ten% referral fee on cryptocurrency invested into its AI plans by personally recruited associates.
5% is paid on PAMM plan funding.
Residual Commissions
MyDaina pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary crew, break up into two sides (left and proper):
The primary stage of the binary crew homes two positions. The second stage 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 stage housing twice as many positions because the earlier stage.
Positions within the binary crew are stuffed by way of direct and oblique recruitment of associates. Be aware there isn’t any restrict to how deep a binary crew can develop.
On the finish of every day MyDaina tallies up new funding quantity on either side of the binary crew.
Associates are paid 10% of funds invested on their weaker binary crew aspect.
As soon as paid out on, quantity is matched in opposition to the stronger binary crew aspect and flushed.
Any leftover quantity on the stronger binary crew aspect carries over.
PAMM Revenue Sharing Bonus
MyDaina represents that PAMM returns are paid out as 50% of generated returns. The opposite 50% is paid out because the PAMM Revenue Sharing Bonus.
There are 5 tiers to the PAMM Revenue Sharing Bonus:
- Tier 1 – make investments $1000, recruit two associates and generate $10,000 in downline PAMM funding = 40% share
- Tier 2 – make investments $5000, recruit 4 associates and generate $40,000 in downline PAMM funding = 30% share
- Tier 3 – make investments $10,000 and generate $100,000 in downline PAMM funding = 20% share
- Tier 4 – preserve a $10,000 funding and generate $500,000 in downline PAMM funding = 10% share
- Tier 5 – make investments $20,000, generate $50,000 in personally recruited PAMM funding and $1,000,000 in whole downline PAMM funding = 10% share
Be aware that the PAMM Revenue Sharing Bonus is calculated on PAMM returns paid to your downline.
Rank Achievement Bonus
MyDaina rewards associates for qualifying at Diamond and better with the next one-time Rank Achievement Bonuses:
- qualify at Diamond and obtain a MontBlanc Pix
- qualify at Blue Diamond and obtain an iPhone 14
- qualify at Inexperienced Diamond and obtain a MacBook Professional
- qualify at Pink Diamond and obtain a “journey retreat”
- qualify at Black Diamond and obtain a Rolex watch and $75,000 funding credit score
- qualify at Crown Diamond and obtain a “Rolex new mannequin” and $150,000 funding credit score
- qualify at Ambassador and obtain a Mercedes Benz and $250,000 funding credit score
- qualify at Royal Ambassador and obtain a Lamborghini and $500,000 funding credit score
- qualify at Legend and obtain a share in 2.5% of company-wide income and $1,000,000 funding credit score
Becoming a member of MyDaina
MyDaina affiliate membership is free or $100 yearly if an affiliate desires to take part within the PAMM funding alternative.
Full participation within the connected alternative requires further funding within the A.I plans and/or PAMM plan.
MyDaina solicits funding in varied cryptocurrencies. Be aware that PAMM funding is solicited in tether (USDT) solely.
MyDaina Conclusion
MyDaina represents it generates exterior income by way of an AI buying and selling bot and PAMM account.
No proof of MyDaina utilizing buying and selling income of any type to pay affiliate withdrawals is supplied.
Moreover, MyDaina’s passive returns funding scheme constitutes a securities providing.
MyDaina fails to offer proof it has registered its securities providing with monetary regulators.
That is necessary as legally required audited monetary studies filed with regulators, are the solely approach to confirm MyDaina is definitely buying and selling and producing income.
Some other form of buying and selling income illustration is advertising and marketing and might simply be made up, like MyDaina’s fictional govt identities.
By failing to register its securities providing with monetary regulators, MyDaina at a minimal is committing securities fraud.
Because it stands the one verifiable income coming into MyDaina is new funding. Utilizing new funding to pay affiliate withdrawals would make MyDaina a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve MyDaina of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of contributors lose cash.