Compire Group operates within the MLM cryptocurrency area of interest.
Compire Group claims its CEO is “Andrew Storer”. No details about Storer is offered, he doesn’t exist outdoors of Compire Group’s web site.
Compire Group’s web site area (“compire-group.com”), was privately registered on March third, 2023.
Regardless of solely current for a number of months, Compire Group falsely represents it has been round previous to 2021.
Compire was a small accounting and human assets software program firm. Nevertheless, in 2021, the corporate determined to alter its technique and begin mining cryptocurrency.
In an try to look legit, Compire Group offers a digital workplace tackle within the UK. It’s unlikely Compire Group has any precise ties to the UK.
Of be aware is Compire Group’s advertising movies are inventory footage with robo-dubbing. That is typical of non-native English talking admins.
As all the time, if an MLM firm will not be brazenly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
Compire Group’s Merchandise
Compire Group has no retailable services or products.
Associates are solely in a position to market Compire Group affiliate membership itself.
Compire Group’s Compensation Plan
Compire Group associates make investments USD equivalents in cryptocurrency. That is accomplished on the promise of marketed returns:
- make investments $100 to $3000 and obtain 0.75% to 1.2% a day
- make investments $500 to $10,000 and obtain 2% a day
- make investments $1000 to $200,000 and obtain 3.3% a day
- make investments $3000 to $14,500 and obtain 1.2% to 1.5% a day
- make investments $10,000 to $100,000 and obtain 2.4% a day
- make investments $10,000 to $5,000,000 and obtain 3.9% a day
- make investments $15,000 to $50,000 and obtain 1.3% to 1.7% a day
- make investments $50,000 to $200,000 and obtain 1.5% to 2.1% a day
- make investments $100,000 to $1,000,000 and obtain 2.7% a day
- make investments $200,000 to $500,000 and obtain 1.8% to 2.5% a day
It needs to be famous that loads of Compire Group’s funding plans are redundant. This isn’t a typo, that is how the plans are introduced on Compire Group’s web site.
The MLM facet of Compire Group pays on recruitment of affiliate buyers.
Compire Group’s Affiliate Ranks
There are eight affiliate ranks inside Compire Group’s compensation plan.
- 1 LVL – join as a Compire Group affiliate and make investments $100
- 2 LVL – make investments $5000 and generate $30,000 in downline funding quantity
- 3 LVL – make investments $25,000 and generate $100,000 in downline funding quantity
- 4 LVL – make investments $100,000 and generate $500,000 in downline funding quantity
- 5 LVL – make investments $250,000 and generate $1,000,000 in downline funding quantity
- 6 LVL – make investments $500,000 and generate $2,500,000 in downline funding quantity
- 7 LVL – make investments $1,000,000 and generate $4,000,000 in downline funding quantity
- 8 LVL – make investments $2,000,000 and generate $6,000,000 in downline funding quantity
Referral Commissions
Compire Group pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel workforce, with each personally recruited affiliate positioned instantly underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel workforce.
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.
Compire Group caps payable unilevel workforce ranges at eight.
Referral commissions are paid as a share of cryptocurrency invested throughout these eight ranges based mostly on rank:
- 1 LVL ranked associates earn 5% on degree 1 (personally recruited associates) and 1% on ranges 2 to 4
- 2 LVL ranked associates earn 5% on degree 1, 2% on degree 2 and 1% on ranges 3 to five
- 3 LVL ranked associates earn 6% on degree 1, 2% on degree 2 and 1% on ranges 3 to five
- 4 LVL ranked associates earn 6% on degree 1, 3% on degree 2, 2% on degree 3 and 1% on ranges 4 to six
- 5 LVL ranked associates earn 7% on degree 1, 3% on degree 2, 2% on ranges 3 and 4, 1% on ranges 5 and 6 and 0.5% on degree 7
- 6 LVL ranked associates earn 10% on degree 1, 3% on degree 2, 2% on ranges 3 and 4 and 1% on ranges 5 to 7
- 7 LVL ranked associates earn 13% on degree 1, 4% on degree 2, 2% on ranges 3 and 4 and 1% on ranges 5 to eight
- 8 LVL ranked associates earn 15% on degree 1, 4% on degree 2, 3% on ranges 3 to five, 2% on degree 6 and 1% on ranges 7 and eight
Becoming a member of Compire Group
Compire Group affiliate membership is free.
Participation within the hooked up earnings alternative requires a minimal $100 funding.
Compire Group solicits funding in varied cryptocurrencies.
Compire Group’s Conclusion
Compire Group represents it generates exterior income through cryptocurrency mining and buying and selling.
The corporate makes use of such areas as: (Day Buying and selling, Scalping, Swing Buying and selling, Futures, Lengthy Time period Investments, PoS , PoW).
Compire Group fails to offer proof it’s engaged in cryptocurrency mining, buying and selling or some other type of exterior income era.
Moreover, Compire Group’s enterprise mannequin fails the Ponzi logic check.
If Compire Group was in a position to legitimately generate 3.9% a day on a constant foundation as marketed, what do they want your cash for?
Compire Group’s passive returns funding alternative constitutes a securities providing. Compire Group fails to offer proof it has registered its securities providing with monetary regulators in any jurisdiction.
Because of this, at a minimal, Compire Group is committing securities fraud.
Because it stands, the one verifiable income getting into Compire Group is new funding.
Utilizing new funding to pay withdrawals would make Compire Group a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve Compire Group of ROI income, finally prompting a collapse.
Compire Group’s collapse will probably tie into its Compire Coin shitcoin.
Look ahead to withdrawals being switched to Compire Coin after it’s launched (need to fatten up the pot first).
The maths behind Ponzi schemes ensures that after they collapse, the vast majority of members lose cash.