SourceLess operates within the MLM cryptocurrency area of interest.
A US deal with offered on SourceLess’ web site belongs to Harvard Enterprise Providers, Inc. Harvard Enterprise Providers, Inc. sells Delaware firm formation and mail forwarding companies.
Heading up SourceLess is founder and CEO Alexandru Stratulat.
Alexandru relies out of Romania and, previous to SourceLess, based Ccoin.
Ccoin was a pump and dump crypto rip-off constructed round its CCOS token. Ccoin seems to have collapsed in early 2022.
What’s left of Ccoin operates as Ccoin Finance. Ccoin Finance sells VISA debit playing cards connected to its inner crypto accounts.
SourceLess launched round 2020 and, no less than on some degree, seems to have been built-in into Ccoin.
Along with Stratulat being based mostly out of Romania, SourcLess’ official FaceBook web page can be managed from Romania:
From this we are able to confirm, versus the US, SourceLess relies out of and operated from Romania.
SourceLess’ first two “source-less.com” and “sourceless.io” web site domains have been deserted. At the moment SourceLess operates from “sourceless.internet”, registered via a Romanian deal with on February tenth, 2024.
Learn on for a full overview of SourceLess’ MLM alternative.
SourceLess’ Merchandise
SourceLess markets what it calls “STR domains”, an try to merge web site domains with NFTs.
Behind every STR area lies a wNFT, enabling distinctive digital identities secured by good contracts.
Your STR Area is not only a digital asset; it’s a invaluable asset wit hte potential for appreciation over time.
Because the calls for for distinctive digital identities grows, your STR Area might change into a invaluable funding.
Pricing for SourceLess’ STR domains is as follows:
- Starter Bundle – 6 domains prices $500
- Bronze Bundle – 13 domains prices $1000
- Silver Bundle – 34 domains prices $2500
- Gold Bundle – 71 domains prices $5000
- Platinum Bundle – 150 domains prices $10,000
- Diamond Bundle – 416 domains prices $25,000
- Double Diamond Bundle – 1000 domains prices $50,000
- Triple Diamond Bundle – 2,525 domains prices $100,000
SourceLess’ Compensation Plan
SourceLess’ MLM compensation plan pays on the sale of STR Area packages to retail clients and recruited associates.
SourceLess Affiliate Ranks
There are seven affiliate ranks inside SourceLess’ compensation plan.
Together with their respective qualification standards, they’re as follows:
- 1 Star – generate 10,000 GV a month or 10,000 GV over a rolling 12-month interval (break up 50% from each binary group legs)
- 2 Star – generate 40,000 GV a month (min 16,000 GV from weaker binary group leg), or 80,000 GV over a rolling 12-month interval (min 32,000 GV from weaker binary group leg)
- 3 Star – generate 200,000 GV a month (min 80,000 GV from weaker binary group leg), or 600,000 GV over a rolling 12-month interval (min 240,000 GV from weaker binary group leg)
- 4 Star – recruit eight 1 Star or increased ranked associates and generate 1,000,000 GV a month (min 400,000 GV from weaker binary group leg), or 3,000,000 GV over a rolling 12-month interval (min 1,200,000 GV from weaker binary group leg)
- 5 Star – recruit ten 1 Star or increased ranked associates and generate 4,000,000 GV a month (min 1,500,000 GV from weaker binary group leg), or 16,000,000 GV over a rolling 12-month interval (min 6,000,000 GV a month (min 6,000,000 GV from weaker binary group leg)
- 6 Star – recruit twelve 1 Star or increased ranked associates and generate 20,000,000 GV a month (min 8,000,000 from weaker binary group leg), or 80,000,000 GV over a rolling 12-month interval (min 32,000,000 GV from weaker binary group leg)
- 7 Star – recruit fourteen 1 Star or increased ranked associates and generate 40,000,000 GV a month (min 16,000,000 from weaker binary group leg), or 160,000,000 GV over a rolling 12-month interval (min 64,000,000 GV from weaker binary group leg)
GV stands for “Group Quantity”. GV is calculated as 80% of STR Area gross sales quantity generated by an affiliate and their downline.
Referral Commissions
SourceLess pays a ten% referral fee on private gross sales of STR Area packages.
Residual Commissions
SourceLess pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary group, break up into two sides (left and proper):
The primary degree of the binary group homes two positions. The second degree of the binary group is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary group are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary group are stuffed by way of direct and oblique recruitment of associates. Observe there is no such thing as a restrict to how deep a binary group can develop.
On the finish of every week SourceLess tallies up STR Area sale quantity on either side of the binary group.
Residual commissions are paid as 10% of quantity generated on their weaker binary group aspect.
- non-ranked SourceLess associates can earn as much as $500 every week
- 1 Star ranked associates can earn as much as $2500 every week
- 2 Star ranked associates can earn as much as $5000 every week
- 3 Star ranked associates can earn as much as $15,000 every week
- 4 Star ranked associates can earn as much as $25,000 every week
- 5 Star ranked associates can earn as much as $50,000 every week
- 6 Star ranked associates can earn as much as $125,000 every week
- 7 Star ranked associates haven’t any weekly residual fee incomes cap
As soon as paid out on, quantity is matched towards the stronger binary group aspect and flushed. Leftover quantity on the stronger binary group aspect carries over.
Matching Bonus
SourceLess pays a Matching Bonus 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 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 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.
SourceLess caps the Matching Bonus at 5 unilevel group ranges:
- 1 Star ranked associates earn a ten% Matching Bonus on degree 1 (personally recruited associates)
- 2 Star or Platinum Bundle associates earn a 20% Matching Bonus on degree 1 (personally recruited associates)
- 3 Star ranked associates earn a 20% Matching Bonus on degree 1 and 5% on degree 2
- Diamond Bundle associates earn a 20% Matching Bonus on degree 1 and 10% on degree 2
- 4 Star or Double Diamond Bundle associates earn a 20% Matching Bonus on degree 1, 10% on degree 2 and 5% on degree 3
- 5 Star ranked associates earn a 20% Matching Bonus on degree 1, 10% on ranges 2 and three and 5% on degree 4
- Tripe Diamond Bundle associates earn a 20% Matching Bonus on degree 1, 10% on degree 2 and 5% on ranges 3 to five
- 6 Star ranked associates earn a 20% Matching Bonus on degree 1, 10% on ranges 2 and three and 5% on ranges 4 and 5
- 7 Star ranked associates earn a 20% Matching Bonus on degree 1 and 10% on ranges 2 to five
Influencer Compensation Plan
SourceLess operates a separate compensation plan for “influencers”.
Influencer affiliate membership prices $499 and pays $20 per area bought.
For SourceLess associates who recruit influencer members, they obtain:
- $10 per area bought and
- 30 GV into their binary group per area bought
Becoming a member of SourceLess
SourceLess affiliate membership is $149 after which $99 yearly.
Observe that to take part in SourceLess’ MLM compensation plan, associates are compelled to spend $500 to $100,000 on STR domains.
SourceLess Conclusion
Ever visited an STR web site? Yeah, me neither.
In one more instance of a crypto resolution in search of an issue, SourceLess markets “revolutionary blockchain-based domains”.
Can I simply punch in an STR Area identify to entry an internet site? There’s no info on this on SourceLess’ or STR Domains’ respective web site – so the reply seems to be no.
Except the general public can simply punch in an STR Area into the deal with bar of a good browser and entry the designated web site, STR Domains are DOA. And, years after launching, that seems to be the place we’re at.
As of January 2025 STR Area web site visitors was too low for SimilarWeb to trace.
Connected to SourceLess’s failed STR Domains is a pay-to-play MLM pyramid scheme.
As a result of there’s no retail curiosity in STR Domains, SourceLess forces associates to buy them. This interprets to SourceLess affiliate being the first purchasers of STR Domains, which they do with a view to receives a commission on purchases by recruited associates.
In different phrases, a basic product-based pyramid scheme mannequin.
I recall a while again BehindMLM acquired just a few requests to overview SourceLess’ STR token launch. This seemed to be a non-MLM pump and dump scheme so we didn’t overview it.
I do nonetheless wish to to notice that STR appears to have run its course. As of March 2025, STR’s worth just isn’t listed on CoinMarketCap and STR doesn’t seem to exist exterior of SourceLess.
A chart on CoinMarketCap suggests there are ~4680 STR token bagholders.
As with all MLM pyramid schemes, as soon as affiliate recruitment dries up so too will commissions.
When recruitment utterly dries up, SourceLess collapses and the vast majority of contributors inevitably lose cash.