SmartLab fails to supply verifiable possession or govt data on its web site.
Supposedly SmartLab is run by founder “Alex Wu”. Whether or not Wu really exists is unknown.
SmartLab’s web site area (“smartlab.worldwide”), was privately registered on August eighth, 2023.
On its web site, SmartLab claims to be based mostly out of Vietnam.
The place is Good Lab positioned?
Good Lab’s primary workplace is positioned in Ho Chi Minh Metropolis, Vietnam. We have been initially based in Malta and later integrated in Seychelles.
However Malta and Seychelles being tax-havens used to register shell corporations, there isn’t any means for customers to confirm this data.
It’s unlikely Alex Wu exists. It’s additionally unlikely SmartLab has any bodily ties to Vietnam, Malta or Seychelles.
As of February 2024, SimilarWeb ranks prime sources of site visitors to SmartLab’s web site as Australia (57%) and Norway (43%).
As at all times, if an MLM firm will not be brazenly upfront about who’s working or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
SmartLab’s Merchandise
SmartLab has no retailable services or products.
Associates are solely in a position to market SmartLab affiliate membership itself.
SmartLab’s Compensation Plan
SmartLab associates make investments USD equivalents in tether (USDT).
That is finished on the promise of marketed returns:
- Trial 1 – make investments $300 and obtain 3% a month capped at $600
- Trial 1 Unique – make investments $345 and obtain 3% a month capped at $900
- Trial 2 – make investments $1000 and obtain 4% a month capped at $2000
- Trial 2 Unique – make investments $1150 and obtain 4% a month capped at $3000
- Fundamental – make investments $3000 and obtain 5% a month capped at $6000
- Fundamental Unique – make investments $3450 and obtain 5% a month capped at $9000
- Commonplace – make investments $5400 and obtain 6% a month capped at $15,000
- Commonplace Unique – make investments $6210 and 6% a month capped at obtain $20,000
- Premium – make investments $16,200 and obtain 9% a month capped at $45,000
- Premium Unique – make investments $18,630 and obtain 9% a month capped at $60,000
- Skilled – make investments $48,600 and obtain 10% a month capped at $180,000
- Skilled Unique – make investments $55,890 and obtain 10% a month capped at $240,000
- Elite – make investments $162,000 and obtain 11% a month capped at $600,000
- Elite Unique – make investments $186,300 and obtain 11% a month capped at $800,000
- Final – make investments $342,000 and obtain 12% a month capped at $1,800.000
- Final Unique – make investments $393,300 and obtain 12% a month capped at $2,400,000
An extra “quarterly bonus” of “no less than 9%” on each energetic Unique funding plan is purportedly paid out each quarter.
Be aware that SmartLab contains earned MLM commissions in direction of ROI caps.
As soon as a ROI has been reached, reinvestment is required to proceed incomes.
The MLM aspect of SmartLab pays on recruitment of affiliate buyers.
SmartLab Affiliate Ranks
There are 5 affiliate ranks inside SmartLab’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Director 1 – make investments on the Commonplace or increased tiers and recruit both 9 associates who’ve invested at Commonplace or increased or six associates who’ve invested at Premium or increased
- Director 2 – preserve a Commonplace or increased tier funding and recruit three Director 1 or increased ranked associates
- Director 5 – make investments on the Premium or increased tiers and recruit three Director 2 or increased ranked associates
- Director 7 – make investments on the Elite or increased tier and recruit three Director 5 or increased ranked associates
- Director 10 – make investments on the Final or increased ranked tier and recruit 9 Director 7 or increased ranked associates
Referral Commissions
SmartLab pays a 20% referral fee on USDT invested by personally recruited associates.
How a lot of the 20% referral fee SmartLab associates earn is set by how a lot they’ve invested:
- Trial 1 tier associates obtain a 5% referral fee
- Trial 2 tier associates obtain an 8% referral fee
- Fundamental tier associates obtain a ten% referral fee
- Commonplace tier associates obtain a 12% referral fee
- Premium tier associates obtain a 15% referral fee
- Skilled and Elite tier associates obtain an 18% referral fee
- Final tier associates obtain a 20% referral fee
Be aware that these fee quantities are coded. Because of this increased ranked SmartLab associates are paid the distinction between lower-ranked associates of their downline.
E.g. a Commonplace tier SmartLab affiliate recruits a brand new affiliate investor. They’re paid 12% as a referral fee, leaving 8% nonetheless to pay out (20% minus 12% paid out).
SmartLab searches upline for a Premium or increased ranked affiliate to pay the remaining 8% out to.
- if a Premium ranked affiliate is discovered first, they’re paid 3% (15% minus the 12% already paid out), leaving 5% to be paid to both a Skilled, Elite and/or Final tier affiliate additional upline
- If a Skilled or Elite affiliate is discovered first, they’re paid 6% (18% minus the 12% already paid out), leaving 2% to be paid to the primary upline Final tier affiliate discovered
- if an Final affiliate is discovered first, they’re paid the complete 8% excellent quantity
Be aware that nothing is ever handed up on Final tier associates as this rank is paid the utmost 20% referral fee charge out there.
Residual Commissions (unilevel)
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned straight 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.
SmartLab caps residual unilevel commissions throughout eighteen unilevel staff ranges.
Residual unilevel commissions are paid as a proportion of USDT invested throughout these eighteen ranges based mostly on how a lot a SmartLab affiliate has invested:
- Trial tier associates don’t qualify for residual commissions
- Fundamental tier associates earn 5% on degree 1 (personally recruited associates)
- Commonplace tier associates earn 5% on degree 1 and three% on degree 2
- Premium and better tier associates earn 5% on degree 1, 3% on degree 2, 2% on degree 3, 0.5% on ranges 4 and 5, 0.3% on ranges 6 and seven, 0.2% on ranges 8 and 9 and 0.1% on ranges 10 to 18
Residual Commissions (matrix)
SmartLab pays residual matrix commissions by way of a 3×18 matrix.
A 3×18 matrix locations an affiliate on the prime of a matrix with three positions straight underneath them:
These three positions kind the primary degree of the matrix. The second degree of the matrix is generated by splitting these first three positions into one other three positions every (9 positions).
Ranges three to eighteen of the matrix are generated in the identical method, with every new degree housing thrice as many positions because the earlier degree.
Positions within the matrix are crammed by way of direct and oblique recruitment of SmartLab associates.
Residual matrix commissions are paid as a proportion of USDT invested throughout eighteen matrix ranges.
Particular residual matrix fee charges are decided by what degree of the matrix the investing affiliate is positioned and which tier they’re investing into.
- Trial 1 tier associates pay a 50 cent fee throughout ranges 1 to three of the matrix, 25 cents throughout ranges 4 to six and seven.5 cents throughout ranges 7 to 18
- Trial 2 tier associates pay a $1.50 fee throughout ranges 1 to three of the matrix, 75 cents throughout ranges 4 to six and 25 cents throughout ranges 7 to 18
- Fundamental tier associates pay a $5 fee throughout ranges 1 to three of the matrix, $2.50 throughout ranges 4 to six and 75 cents throughout ranges 7 to 18
- Commonplace tier associates pay a $10 fee throughout ranges 1 to three of the matrix, $5 throughout ranges 4 to six and $1.50 throughout ranges 7 to 18
- Premium tier associates pay a $30 fee throughout ranges 1 to three of the matrix, $15 throughout ranges 4 to six and $4.50 throughout ranges 7 to 18
- Skilled tier associates pay a $90 fee throughout ranges 1 to three of the matrix, $45 throughout ranges 4 to six and $13.50 throughout ranges 7 to 18
- Elite tier associates pay a $300 fee throughout ranges 1 to three of the matrix, $150 throughout ranges 4 to six and $45 throughout ranges 7 to 18
- Final tier associates pay a $600 fee throughout ranges 1 to three of the matrix, , $300 throughout ranges 4 to six and $90 throughout ranges 7 to 18
Supervisor Bonus
To qualify as a Supervisor a SmartLab affiliate should recruit three associates who make investments on the Commonplace tier or increased.
Supervisor certified associates in flip qualify to earn the Supervisor Bonus.
The Supervisor Bonus is a generational match on referral commissions earned by downline associates.
The Supervisor Bonus is paid out utilizing the identical unilevel staff residual unilevel commissions are paid with, on as much as 11 Supervisor ranked associates per unilevel staff leg.
- a ten% Supervisor Bonus is paid on earned referral commissions as much as the primary Supervisor present in a recruitment leg
- a 3% Supervisor Bonus is paid on referral commissions earned between the primary and second Supervisor present in a recruitment leg
- a 1% Supervisor Bonus is paid on referral commissions between subsequent Managers present in a recruitment leg, capping out at eleven Supervisor generations per leg
Rank Achievement Bonus
SmartLab rewards associates for qualifying at Director 1 or increased with the next Rank Achievement Bonuses:
- qualify at Director 1 and obtain a 2% bonus on downline funding
- qualify at Director 2 and obtain a 3% bonus on downline funding (5% paid on Unique tier funding)
- qualify at Director 5 and obtain a 5% bonus on downline funding (10% paid on Unique tier funding)
- qualify at Director 7 and obtain a 6% bonus on downline funding (15% paid on Unique tier funding)
- qualify at Director 10 and obtain a ten% bonus on downline funding (15% paid on Unique tier funding)
Becoming a member of SmartLab
SmartLab affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal 300 USDT funding.
SmartLab Conclusion
SmartLab represents it generates exterior income by way of an AI buying and selling bot, supposedly buying and selling in “soccer markets”.
Our bot makes use of subtle algorithms to determine and execute market unfold buying and selling alternatives. It leverages information evaluation, statistical fashions, and AI-driven insights to optimize buying and selling methods throughout a number of bookmaker platforms.
Our market-spread buying and selling bot operates completely in soccer markets.
No verifiable proof of SmartLab producing exterior income of any type is supplied.
Moreover, SmartLab’s enterprise mannequin fails the Ponzi logic check.
If SmartLab already has a buying and selling bot producing a assured 12% minimal per 30 days (the precise quantity generated must be increased to account for MLM commissions and bonuses), what do they want your cash for?
Because it stands, the one verifiable income getting into SmartLab is new funding.
Utilizing new funding to pay affiliate withdrawals would make SmartLab a Ponzi scheme. With nothing marketed or offered to retail prospects, the MLM aspect of SmartLab moreover features as a pyramid scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve SmartLab of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, the vast majority of members lose moneyy.