Fortunate Ape fails to supply possession or govt info on its web site.
Fortunate Ape’s web site area (“luckyape.ai”), was privately registered on August twenty fourth, 2023.
As all the time, if an MLM firm isn’t overtly upfront about who’s operating or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
Fortunate Ape’s Merchandise
Fortunate Ape has no retailable services or products.
Associates are solely capable of market Fortunate Ape affiliate membership itself.
Fortunate Ape’s Compensation Plan
Fortunate Ape associates make investments USD equivalents in cryptocurrency.
That is finished on the promise of marketed returns:
- Bonobo Ape – make investments $200 to $1499 and obtain 1.5% a day for 80 days
- Orangutan Ape – make investments $1500 to $2999 and obtain 2% a day for 80 days
- Gorilla Ape – make investments $3000 or extra and obtain 2.5% a day for 80 days
The MLM aspect of Fortunate Ape pays on recruitment of affiliate traders.
Fortunate Ape Affiliate Ranks
There are six ranks inside Fortunate Ape’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Rank 1 – generate $40,000 in personally recruited affiliate funding quantity
- Rank 2 – generate $100,000 in personally recruited affiliate funding quantity
- Rank 3 – generate $200,000 in personally recruited affiliate funding quantity
- Rank 4 – generate $500,000 in personally recruited affiliate funding quantity
- Rank 5 – generate $1,000,000 in personally recruited affiliate funding quantity
- Rank 6 – generate $3,000,000 in personally recruited affiliate funding quantity
Referral Commissions
Fortunate Ape pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned immediately underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
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.
Fortunate Ape caps payable unilevel staff ranges at seven. Referral commissions are paid out as a share of cryptocurrency invested throughout these seven ranges as follows:
- degree 1 (personally recruited associates) – 7%
- degree 2 – 6%
- degree 3 – 5%
- degree 4 – 4%
- degree 5 – 3%
- degree 6 – 2%
- degree 7 – 1%
Rank Achievement Bonus
Fortunate Ape rewards associates for qualifying at Rank 1 and better:
- qualify at Rank 1 and obtain $2000
- qualify at Rank 2 and obtain $5000
- qualify at Rank 3 and obtain $8000
- qualify at Rank 4 and obtain $15,000
- qualify at Rank 5 and obtain $60,000
- qualify at Rank 6 and obtain $150,000
Becoming a member of Fortunate Ape
Fortunate Ape affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $200 funding.
Fortunate Ape solicits funding in numerous cryptocurrencies.
Fortunate Ape Conclusion
Fortunate Ape represents it generates exterior income by way of AI bot cryptocurrency buying and selling.
Spend money on digital property and cryptocurrencies with our revolutionary AI expertise.
No verifiable proof of Fortunate Ape utilizing exterior income to pay withdrawals is supplied.
Moreover, Fortunate Ape’s enterprise mannequin fails the Ponzi logic check.
If Fortunate Ape already has AI buying and selling bots producing 2.5% a day, what do they want your cash for?
Because it stands the one verifiable income coming into Fortunate Ape is new funding.
Utilizing new funding to pay affiliate withdrawals would make Fortunate Ape a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Fortunate Ape of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, nearly all of members lose cash.