Solana Payouts fails to supply possession or govt data on its web site.
Solana Payouts’ web site area (“solanapayouts.com”), was privately registered on Might twenty eighth, 2024.
Within the footer of Solana Payouts’ web site we discover reference to Precognition Capital S.R.O, a purported shell firm registered within the Czech Republic.
The only listed director of Precognition Capital S.R.O is “Sotiris Georgiades”, a purported resident of Cyprus.
Whether or not Georgiades is an precise particular person and what their function is inside Solana Payouts is unclear.
As at all times, if an MLM firm is just not brazenly upfront about who’s working or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
Solana Payouts’ Merchandise
Solana Payouts has no retailable services or products.
Associates are solely capable of market Solana Payouts affiliate membership itself.
Solana Payouts’ Compensation Plan
Solana Payouts make investments cryptocurrency on the promise of a 500% ROI.
Solana Payouts’ pays returns in tether (USDT), at a claimed charge of 1% to 30% a month.
Solana Payouts pays referral commissions on invested cryptocurrency down two ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 25%
- stage 2 – 10%
Becoming a member of Solana Payouts
Solana Payouts affiliate membership is free.
Full participation within the hooked up earnings alternative requires an funding in cryptocurrency.
Solana Payouts
Solana Payouts claims it generates exterior income by way of “superior buying and selling methods”.
SolanaPayouts.com presents a novel funding alternative designed to supply substantial returns by leveraging superior buying and selling methods on the Solana blockchain.
No verifiable proof of Solana Payouts producing exterior income of any variety is offered.
In providing passive returns on customers, Solana Payouts’ funding scheme constitutes a securities providing.
Solana Payouts fails to supply proof it has registered with monetary regulators in any jurisdiction.
That is essential as, along with being a authorized requirement, requires Solana Payouts to file periodic audited monetary studies with regulators.
That is the one option to confirm Solana Payouts is utilizing claimed generated exterior income to pay ROI withdrawals.
Because it stands the one income getting into Solana Payouts is new funding. Utilizing new funding to pay ROI withdrawals would make Solana Payouts a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Solana Payouts of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of contributors lose cash.