IDAA stands for Unbiased Digital Property Alliance.
Throughout the context of being an MLM firm, IDAA is a sprawling mess:
What we’re going to give attention to on this evaluation is IDAA Video games and GrowthPool.
IDAA Video games is an MLM alternative centered round Alpha GamesCoin token funding. GrowthPool is a separate MLM revenue alternative marketed inside IDAA.
IDAA Video games fails to supply possession or government info on its web site.
IDAA Video games’ web site area (“idaa.video games”), was registered on April sixteenth, 2020. The personal registration was final up to date on April fifteenth, 2023.
GrowthPool additionally fails to supply possession or government info on its web site.
GrowthPool’s web site area (“growthpool.org”), was registered in December 2021. The personal registration was final up to date on November ninth, 2023.
One identify we will connect to IDAA Video games is Anton “Toni” Federspiel, who I imagine is from Austria.
Federspiel is a high promoter of IDAA Video games. He’s additionally a high earner within the collapsed OneCoin Ponzi scheme.
In an October 2023 advertising presentation hosted by Federspiel, a advertising slide cites Alex Suarez as founder and President of GamesCoin Group.
IDAA Video games appears to fall underneath GamesCoin Group, so presumably Suarez owns that too (that is left ambiguous).
Suarez doesn’t seem to have any verifiable MLM historical past.
On its web site, IDAA Video games represents ties to the UAE by Unbiased Digital Property Alliance LLC.
Unbiased Digital Property Alliance LLC is purportedly registered as a shell firm in Sharjah. Sharjah is simply up the highway from Dubai, the infamous MLM crime capital of the world.
As a basic precaution, any MLM firm representing it’s primarily based out of or having ties to the UAE ought to be prevented.
Versus the UAE although, IDAA Video games seems to really be operated from Germany:
As per the IDAA Video games bill above, the corporate operates as Youre Household GmbH, a German registered firm.
Presumably the unassuming identify “Youre Household” is getting used to idiot banks and keep away from detection by regulators.
Reflecting being primarily marketed in German, for November 2023 SimilarWeb tracked high sources of site visitors to IDAA Video games’ web site as Austria (33%), Germany (26%), Italy (20%) and Switzerland (7%).
GrowthPool’s public dealing with homepage is nothing greater than an affiliate sign up type. No info is offered.
As all the time, if an MLM firm shouldn’t 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.
IDAA Video games’ Merchandise
IDAA Video games has no retailable services or products.
Associates are solely in a position to market IDAA Video games affiliate membership itself.
IDAA Video games’ Compensation Plan
IDAA Video games’ compensation plan will be break up up into IDAA Video games itself and GrowthPool.
IDAA Video games
IDAA Video games associates join and put money into Alpha GamesCoin (AGC).
- Begin – make investments €199 EUR and obtain 8 AGC
- Fundamental – make investments €499 EUR and obtain 22 AGC
- Bronze – make investments €999 EUR and obtain 46 AGC and an NFT
- Silver – make investments €1990 EUR and obtain 99 AGC and an NFT
- Gold – make investments €2990 EUR and obtain 159 AGC and an NFT
- Platinum – make investments €4990 and obtain 275 AGC and an NFT
- Diamond – make investments €9990 and obtain 565 AGC and an NFT
- Skilled – make investments €19,990 and obtain 1155 AGC and an NFT
- Senator – make investments €50,000 and obtain 2950 AGC and an NFT
- Founder – make investments €100,000 and obtain 6100 AGC and an NFT
AGC funding is made on the illustration AGC’s worth will go up. That is purportedly tied to growth of blockchain video games that don’t exist but.
IDAA Video games pays commissions on AGC funding by way of a binary compensation construction. No particular info is offered.
GrowthPool
GrowthPool solicits funding in tether (USDT).
GrowthPool associates make investments tether into “tons”, which pitch numerous returns over time:
GrowthPool pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel group, 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 group.
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.
GrowthPool caps payable unilevel group ranges at 5.
Referral commissions are paid as a share of USDT invested throughout these 5 ranges as follows:
- degree 1 (personally recruited associates) – 10%
- degree 2 – 4%
- degree 3 – 3%
- degree 4 – 2%
- degree 5 – 1%
Becoming a member of IDAA Video games
IDAA Video games affiliate membership is free. Full participation within the connected revenue alternative requires:
- a minimal €199 EUR funding into IDAA Video games and/or
- an undisclosed funding of tether (USDT) into GrowthPool
IDAA Video games Conclusion
IDAA Video games is a murky MLM crypto funding alternative tied to blockchain gaming.
Developed for the worldwide video games market, GamesCoin is the in-game forex with future potential.
Having by no means actually taken off outdoors of slave labor scamming (Axie Infinity and so forth.), blockchain gaming is just about useless.
Exterior of crypto bros hoping to rip-off avid gamers with numerous schemes, no one truly taking part in video games needs something to do with it.
It’s this ruse that IDAA Video games has launched its Alpha GamesCoin token into. It’s your typical pump and dump scheme.
Alex Suarez and early traders like Toni Federspiel have a ton of AGC they need to money out, however with a purpose to try this they should onboard new suckers to steal from.
That’s basically your entire premise of IDAA Video games.
The entire “gaming” aspect of the scheme isn’t related, owing to none of it truly current.
Keep in mind IDAA has been attempting to get this scheme off the bottom for two years…
GrowthPool in the meantime is only a straight up Ponzi scheme. You make investments tether, your funding is stolen by earlier traders, and also you in flip hope to steal from those that make investments after you.
Connected to it is a pyramid scheme, making up the MLM element of GrowthPool.
Be it IDAA Video games or GrowthPool, each are Ponzi schemes during which nearly all of traders will inevitably lose cash.