PandaPay fails to supply possession or government data on its web site.
PandaPay’s web site area (“pandapay.ai”), was privately registered on an unknown date.
On its web site PandaPay offers a company handle in California. The handle belongs to an organization promoting digital workplace addresses.
From this we will confirm PandaPay probably has no bodily ties to the US.
As all the time, if an MLM firm is just not brazenly upfront about who’s operating or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.
PandaPay’s Merchandise
PandaPay has no retailable services or products.
Associates are solely capable of market PandaPay affiliate membership itself.
PandaPay’s Compensation Plan
PandaPay associates make investments USD equivalents in cryptocurrency.
That is accomplished on the promise of marketed passive returns:
- Commonplace – make investments $25 to $5000 and obtain 2% to eight% a day for one month
- Premium – make investments $5000 to $1,000,000 and obtain 4% to 12% a day for 3 months
PandaPay pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel crew, with each personally recruited affiliate positioned immediately below them (stage 1):
(unilevel)
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel crew.
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.
PandaPay caps payable unilevel crew ranges at 4.
Referral commissions are paid as a share of cryptocurrency invested throughout these 4 ranges as follows:
- stage 1 (personally recruited associates) – 6%
- stage 2 – 2%
- stage 3 – 1%
- stage 4 – 0.5%
Becoming a member of PandaPay
PandaPay affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $25 funding.
PandaPay solicits funding in numerous cryptocurrencies.
PandaPay Conclusion
PandaPay is an easy MLM funding scheme run by individuals unknown via an improperly arrange web site template.
PandaPay represents it generates exterior income through “foreign currency trading methods”. No verifiable proof of PandaPay producing exterior income of any sort is offered.
PandaPay additionally fails to supply proof it has registered its funding scheme with securities and commodities regulators. Which means that, at a minimal, PandaPay is committing securities and commodities fraud.
Because it stands, the one verifiable income getting into PandaPay is new funding.
Utilizing new funding to pay ROI withdrawals would make PandaPay a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve PandaPay of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of individuals lose cash.