Cryptoption fails to supply verifiable possession or govt data on its web site.
Cryptoption is purportedly headed up by CEO Divnendu Tiwari:
Tiwari doesn’t exist outdoors of Cryptoption’s web site. This can be a purple flag and suggests both an alias is getting used and/or a stolen social media picture.
Cryptoption’s web site area (“cryptoption.org”), was privately registered on July twenty seventh, 2023.
As at all times, if an MLM firm just isn’t overtly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
Cryptoption’s Merchandise
Cryptoption has no retailable services or products.
Associates are solely in a position to market Cryptoption affiliate membership itself.
Cryptoption’s Compensation Plan
Cryptoption associates make investments 100 tether (USDT) or extra.
That is performed on the promise of 1.5% a day, capped at 500% (this consists of MLM commissions).
Cryptoption pays referral commissions on invested USDT down two ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 10 USDT monthly per funding made
- stage 2 – 5 USDT monthly per funding made
Word that after 500% is reached, reinvestment is required to proceed incomes.
Though not explicitly clarified, I consider hitting the five hundred% ROI cap cancels out current referral commissions.
Becoming a member of Cryptoption
Cryptoption affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal 100 USDT funding.
Cryptoption Conclusion
Cryptoption represents it generates exterior income by way of buying and selling.
With our group of seasoned specialists on the helm, we try to ship distinctive returns in your investments whereas guaranteeing the utmost safety and transparency.
On the subject of transparency, Cryptoption fails to supply proof it pays withdrawals with buying and selling income.
Now we have an MLM firm run by individuals unknown, represented by a CEO traders can’t confirm exists, that generates buying and selling that can also’t be verified.
Moreover, Cryptoption’s enterprise mannequin fails the Ponzi logic check.
If Cryptoption already has a “group of seasoned specialists” producing not less than 1.5% a day, what do they want your cash for?
Because it stands the one verifiable income coming into Cryptoption is new funding.
Utilizing new funding to pay affiliate withdrawals would make Cryptoption a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Cryptoption of ROI income, finally prompting a collapse.
Math ensures that when a Ponzi scheme collapses, the vast majority of contributors lose cash.