Mainet fails to offer possession or govt info on their web site.
Mainet’s web site area (“mainet.enterprise”), was privately registered on Could twenty sixth, 2022.
Additional analysis reveals official advertising materials citing Ciprian Ciceu as Mainet’s founder and CEO.
Ciceu is behind BeTrader, an MLM “crypto buying and selling” Ponzi scheme from 2019.
BeTrader launched in August 2019 and pitched 20% to 40% month-to-month returns.
By October 2019 BeTrader had already or was on the breaking point.
Ater BeTrader Ciceu launched BeTrader Academy, a shitcoin Ponzi scheme.
BeTrader Academy offered “couches”, with the final word aim to get individuals to spend money on BETRA.
BETRA was an ERC-20 shitcoin. ERC-20 shitcoins could be arrange in a couple of minutes at little to no value.
BeTrader Academy’s web site continues to be up however BETRA flopped and has since been deserted.
Now, Ciceu has returned with Mainet.
Ciceu seems to be based mostly out of Bucharest, Romania. He may also have ties to Belgium.
Learn on for a full overview on Mainet’s MLM alternative.
Mainet’s Merchandise
Mainet has no retailable services or products.
Associates are solely in a position to market Mainet affiliate membership itself.
Mainet’s Compensation Plan
Mainet associates make investments funds on the promise of an “as much as” 0.75% day by day ROI.
Mainet affords eleven funding tiers:
- $25
- $50
- $100
- $250
- $500
- $1000
- $2500
- $5000
- $10,000
- $20,000
- $50,000
The MLM facet o Mainet pays on recruitment of affiliate traders.
Mainet Affiliate Ranks
There are seventeen affiliate ranks inside Mainet’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Starer – join as a Mainet affiliate and make investments
- Jade – persuade others to speculate $100
- Silver – persuade others to speculate $300
- Gold – persuade others to speculate $750
- Pearl – persuade others to speculate $1500
- Sapphire – persuade others to speculate $3000
- Ruby – personally have invested no less than $50, and persuade others to speculate $7500
- Emerald – personally have invested no less than $100, and persuade others to speculate $15,000
- Platinum – personally have invested no less than $250, and persuade others to speculate $30,000
- Diamond – personally have invested no less than $500, and persuade others to speculate $75,000
- Blue Diamond – personally have invested no less than $1000, and persuade others to speculate $150,000
- Inexperienced Diamond – personally have invested no less than $2500, and persuade others to speculate $300,000
- Purple Diamond – personally have invested no less than $5000, and persuade others to speculate $1,000,000
- Black Diamond – personally have invested no less than $10,000, and persuade others to speculate $3,000,000
- Crown Diamond – personally have invested no less than $20,000, and persuade others to speculate $10,000,000
- Ambassador – personally have invested no less than $50,000, and persuade others to speculate $20,000,000
- Royal Ambassador – keep a $50,000 minimal funding, and persuade others to speculate $50,000,000
Referral Commissions
Mainet 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 straight below them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel workforce.
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.
Mainet caps referral commissions at ten unilevel workforce ranges.
Referral commissions are paid as a proportion of funds invested throughout these ten ranges as follows:
- stage 1 (personally recruited associates) – 6%
- ranges 2 and three – 4.5%
- ranges 4 to six – 3%
- ranges 7 to 10 – 1.5%
Referral Bonus
Mainet units apart 20% of every funding and makes use of it to fund a Referral Bonus.
The Referral Bonus is paid out based mostly on rank:
- Starters obtain a 4% Referral Bonus
- Jades obtain a 5% Referral Bonus
- Silvers obtain a 6% Referral Bonus
- Golds obtain a 7% Referral Bonus
- Pearls obtain an 8% Referral Bonus
- Sapphires obtain a 9% Referral Bonus
- Rubys obtain a ten% Referral Bonus
- Emeralds obtain an 11% Referral Bonus
- Platinums obtain a 12% Referral Bonus
- Diamonds obtain a 13% Referral Bonus
- Blue Diamonds obtain a 14% Referral Bonus
- Inexperienced Diamonds obtain a 15% Referral Bonus
- Purple Diamonds obtain a 16% Referral Bonus
- Black Diamonds obtain a 17% Referral Bonus
- Crown Diamonds obtain a 18% Referral Bonus
- Ambassadors obtain an 19% Referral Bonus
- Royal Ambassadors obtain a 20% Referral Bonus
The affiliate who recruited the brand new affiliate receives their rank-specific Referral Bonus proportion, what’s omitted of the whole 20% is then paid upline to larger ranked associates.
That is tracked through the identical unilevel workforce referral commissions are paid by (see “Referral Commissions” above).
E.g. you’re Platinum and recruit a brand new affiliate who invests. You might be paid a 12% Referral Bonus, leaving 8% nonetheless to pay out (20% minus 12%).
The system searches upline for a Diamond or larger ranked affiliate.
Let’s say your upline (whoever recruited you), is a Black Diamond. They obtain 5% (Black Diamonds obtain 17%, you’ve already been paid 12%, leaving a 5% distinction).
This nonetheless leaves 3% to be paid additional upline to Crown Diamonds, Ambassadors or Royal Ambassadors. How the three% is paid out is set by what rank is discovered first.
Notice that if a Royal Ambassador is the recruiter, or they’re discovered upline, they’re all the time paid the complete 20% or remaining excellent proportion.
Rank Achievement Bonus
Mainet rewards associates for qualifying at Jade and better with the next one-time Rank Achievement Bonuses:
- qualify at Jade and obtain $5
- qualify at Silver and obtain $10
- qualify at Gold and obtain $25
- qualify at Pearl and obtain $35
- qualify at Sapphire and obtain $75
- qualify at Ruby and obtain $225
- qualify at Emerald and obtain $375
- qualify at Platinum and obtain $750
- qualify at Diamond and obtain $2250
- qualify at Blue Diamond and obtain $3750 and an iPhone 13
- qualify at Inexperienced Diamond and obtain $7500 and an iPad
- qualify at Purple Diamond and obtain $35,000 and a “luxurious journey”
- qualify at Black Diamond and obtain $100,000 and a Rolex watch
- qualify at Crown Diamond and obtain $350,000 and a Mercedes-Benz or BMW
- qualify at Ambassador and obtain $500,000 and a Ferrari or Lamborghini
- qualify at Royal Ambassador and obtain $1,5000,000 and an residence in Dubai
Becoming a member of Mainet
Mainet affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $25 funding.
Mainet Conclusion
Mainet’s passive funding scheme is run below the guise of traders buying “software program licenses”.
The licenses correspond to purported foreign currency trading, which Mainet represents is the supply of ROI funds.
Mainet’s passive funding scheme constitutes a securities providing.
This requires Mainet to register with monetary regulators and file periodic audited monetary stories.
That is the one option to confirm Mainet is utilizing buying and selling income to pay associates.
At time of publication neither Mainet or Ciprian Ciceu is registered with monetary regulators in any jurisdiction.
Which means that, at a minimal, Mainet and Ciceu are committing securities fraud.
In an try to feign legitimacy, Mainet offers MyFxBook data it claims mirror buying and selling income.
This can be a frequent tactic of MLM Ponzi schemes. It’s not an alternative to registering with monetary regulators and working legally.
Because it stands, the one verifiable income getting into Mainet is new funding. Utilizing new funding to pay ROI withdrawals makes Mainet a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Mainet of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of members lose cash.
We’ve already seen the Ciceu’s “buying and selling” Ponzi ruse play out with BeTrader, don’t fall for it once more.
