Celestion fails to offer possession or govt info on its web site.
Celestion’s web site area (“celestion.io”), was privately registered on April third, 2024.
In an try to seem reliable, Celestion offers firm registration particulars for “Celestion Basis PTY LTD”.
Celestion Basis PTY LTD was registered in Australia on April twenty fourth, 2024. The deal with used to register Celestion Basis PTY LTD with ASIC belongs to a digital workplace supplier.
In different phrases, Celestion Basis PTY LTD is a shell firm with no precise ties to Australia.
ASIC are identified for non-regulation of MLM fraud. Moreover anybody can register an organization with ASIC utilizing no matter bogus particulars, there is no such thing as a verification.
For that reason ASIC registration is favored by scammers residing outdoors of Australia.
With respect to MLM due-diligence, ASIC registration certificates as proof of legitimacy is subsequently meaningless.
As all the time, if an MLM firm shouldn’t be brazenly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
Celestion’s Merchandise
Celestion has no retailable services or products.
Associates are solely in a position to market Celestion affiliate membership itself.
Celestion’s Compensation Plan
Celestion associates make investments tether (USDT). That is completed on the promise of marketed passive returns:
- Spark – make investments 50 to 249 USDT and obtain 0.55% to 0.75% a day for 13 days
- Blaze – make investments 250 to 999 USDT and obtain 0.75% to 0.95% a day for 17 days
- Radiance – make investments 1000 to 2499 and obtain 0.95% to $1.15% a day for 25 days
- Glow – make investments 2500 to 4999 USDT and obtain 1.15% to 1.5% a day for 35 days
- Luminous – make investments 5000 to 24,999 USDT and obtain 1.5% to 1.8% a day for 50 days
- Brilliance – make investments 25,000 to 1,000,000 USDT and obtain 1.8% to 2.5% a day for 75 days
- Empower Lite – make investments 1000 to 3499 USDT and obtain 3% a day for 12 months (can’t withdraw until after 12 months)
- Empower Professional – make investments 3500 to 24,999 USDT and obtain 4% a day for 12 months (can’t withdraw until after 12 months)
- Empower Max – make investments 25,000 to 1,000,000 USDT and obtain 5% a day for 12 months (can’t withdraw until after 12 months)
The MLM facet of Celestion pays on recruitment of affiliate buyers.
Celestion Affiliate Ranks
There are ten affiliate ranks inside Celestion’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Acolyte – enroll as a Celestion affiliate
- Nano – make investments a minimum of 250 USDT and generate 1000 USDT in whole downline funding quantity
- Quantum – make investments a minimum of 600 USDT and generate 5000 USDT in whole downline funding quantity
- Cyber – make investments a minimum of 1250 USDT and generate 20,000 USDT in whole downline funding quantity
- Nebula – make investments a minimum of 2000 USDT and generate 50,000 USDT in whole downline funding quantity
- Lunar – make investments a minimum of 5000 USDT and generate 100,000 USDT in whole downline funding quantity
- Nova – make investments a minimum of 10,000 USDT and generate 175,000 USDT in whole downline funding quantity
- Stellar – make investments a minimum of 20,000 USDT and generate 350,000 USDT in whole downline funding quantity
- Hyper – make investments a minimum of 45,000 USDT and generate 600,000 USDT in whole downline funding quantity
- Infinity – make investments a minimum of 65,000 USDT and generate 1,750,000 USDT in whole downline funding quantity
Word that Celestion restricts rank qualification quantity as follows:
- 100% of USDT invested by personally recruited associates is counted
- 60% of USDT invested by stage 2 associates is counted
- 35% of USDT invested by stage 3 associates is counted
- 10% of USDT invested by stage 4 associates is counted
USDT invested down 5 ranges of recruitment and deeper doesn’t depend in direction of rank qualification quantity.
Referral Commissions
Celestion pays a Matching Bonus 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 immediately underneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel group.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
Celestial caps payable unilevel group ranges at ten.
The Matching Bonus is paid as a share of every day returns paid throughout these ten ranges primarily based on rank:
- Acolytes obtain a 4% match on stage 1, 2% on stage 2, 1% on ranges 3 and 4, 0.5% on stage 5, 0.4% on stage 6, 0.3% on stage 7, 0.2% on stage 8 and 0.1% on ranges 9 and 10
- Nanos obtain a 5% match on stage 1, 3% on stage 2, 2% on stage 3, 1% on ranges 4 and 5, 0.5% on stage 6, 0.4% on stage 7, 0.3% on stage 8, 0.2% on stage 9 and 0.1% on stage 10
- Quantums obtain a 6% match on stage 1, 3% on stage 2, 2% on ranges 3 and 4, 1% on stage 5, 0.5% on stage 6, 0.4% on stage 7, 0.3% on stage 8 and 0.2% on ranges 9 and 10
- Cybers obtain a 6% match on stage 1, 4% on stage 2, 3% on stage 3, 2% on stage 4, 1% on ranges 5 to 7, 0.5% on stage 8, 0.4% on stage 9 and 0.35% on stage 10
- Nebulas obtain a 7% match on stage 1, 4% on ranges 2 and three, 3% on stage 4, 2% on stage 5, 1% on ranges 6 to 9 and 0.5% on stage 10
- Lunars obtain an 8% match on stage 1, 5% on stage 2, 4% on stage 3, 3% on stage 4, 2% on stage 5 and 1% on ranges 6 to 10
- Novas obtain a 9% match on stage 1, 5% on ranges 2 and three, 4% on stage 4, 3% on stage 5, 2% on stage 6 and 1% on ranges 7 to 10
- Stellars obtain a 9% match on stage 1, 6% on stage 2, 5% on stage 3, 4% on stage 4, 3% on stage 5 and 1% on ranges 6 to 10
- Hypers obtain a 9% match on stage 1, 7% on stage 2, 6% on stage 3, 5% on stage 4, 4% on stage 5, 3% on stage 6 and 1% on ranges 7 to 10
- Infinitys obtain a ten% match on stage 1, 8% on stage 2, 7% on stage 3, 6% on stage 4, 4% on stage 5, 3% on stage 6, 2% on stage 7 and 1% on ranges 8 to 10
Rank Achievement Bonus
Celestion rewards associates for qualifying at Nano and better with the next one-time Rank Achievement Bonuses:
- qualify at Nano and obtain 50 USDT
- qualify at Quantum and obtain 100 USDT
- qualify at Cyber and obtain 500 USDT
- qualify at Nebula and obtain 1500 USDT
- qualify at Lunar and obtain 3000 USDT
- qualify at Nova and obtain 5500 USDT
- qualify at Stellar and obtain 7500 USDT
- qualify at Hyper and obtain 12,500 USDT
- qualify at Infinity and obtain 25,000 USDT
Becoming a member of Celestion
Celestion affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal 50 USDT funding.
Celestion Conclusion
Celestion represents it generates exterior income through cryptocurrency buying and selling.
No verifiable proof of Celestion producing exterior income of any sort is supplied. Such proof would come with audited monetary reviews filed with ASIC.
Word it is a authorized requirement and, so far, Celestion has didn’t file any audited monetary reviews with ASIC.
Moreover, Celestion’s enterprise mannequin fails the Ponzi logic check.
If Celestion’s baloney advertising and marketing on its web site is to be believed, the corporate is presently managing “greater than 125 million belongings of our clients”.
At 5% a day, 125 million generates $6.25 million every day. So why does Celestion want your cash for? And why are they providing entry to those ridiculous returns without charge?
Because it stands the one verifiable income coming into Celestion is new funding.
Utilizing new funding to pay ROI withdrawals would make Celestion a Ponzi scheme. With nothing marketed or offered to retail clients, the MLM facet of Celestion operates as a pyramid scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve Celestion of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.