Tuesday, July 4, 2023
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AI grift MLM crypto Ponzi


GPTCoin fails to supply verifiable possession and government data on its web site.

None of GPTCoin’s supplied executives exist exterior of its personal advertising materials:

In truth, not one of the advertising claims on GPTCoin’s web site maintain up:

GPTCoin is collectively created by the Goldman Sachs Financial institution Group of the US and Silicon Valley Valleywise GS.

Now withstanding “Silicon Valley Valleywise GS” not being an precise firm, this declare solely exists inside GPTCoin’s personal advertising press-releases:

Whoever is operating GPTCoin has slapped collectively a bunch of baloney and slapped it on a web site.

GPTCoin’s web site area (“gptcoinai.com”), was privately registered on April twenty ninth, 2023. GPTCoin’s web site was put collectively in Could 2023.

GPTCoin has a YouTube channel however there’s nothing on it. It seems again in Could the corporate supposed to launch with a Boris CEO:

“Tom Mueller” doesn’t characteristic on GPTCoin’s fictional government listing so it seems plans to run with a Boris CEO have been deserted.

I couldn’t fairly place Mueller’s accent however it sounded vaguely European.

One potential geo hyperlink comes by the use of World Blockchain Summit sponsorship:

Dubai-based World Blockchain Summit maintain crypto circlejerk occasions all over the world. It’s subsequent scheduled occasion is in Singapore in August.

Dubai wants no introduction because the MLM crime capital of the world. Personally although I’m leaning extra in direction of GPTCoin being tied to Singapore.

The one languages supplied on GPTCoin’s web site are English and Chinese language:

Additionally be aware the Chinese language subtitles in GPTCoin’s Boris CEO advertising video above.

Scammers in Asia pretending to be primarily based out of the US is a latest pattern, with lately collapsed Ponzi Fintoch coming to thoughts.

Fintoch falsely claimed it was owned by Morgan Stanley. GPTCoin’s advertising claims really feel eerily comparable.

In any occasion if GPTCoin hasn’t collapsed by August, it’ll be attention-grabbing to notice who reveals as much as the World Blockchain Summit occasion.

As at all times, if an MLM firm shouldn’t be brazenly upfront about who’s operating or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.

GPTCoin’s Merchandise

GPTCoin has no retailable services or products.

Associates are solely in a position to market GPTCoin affiliate membership itself.

GPTCoin’s Compensation Plan

GPTCoin associates make investments tether (USDT). That is performed on the promise of each day returns:

  • AFF1 – make investments for 7 days and obtain 1% a day
  • AFF2 – make investments for 60 days and obtain 1.2% a day (1.5% a day if no withdrawals)

The MLM facet of GPTCoin pays on recruitment of affiliate buyers.

GPTCoin Affiliate Ranks

There are 9 affiliate ranks inside GPTCoin’s compensation plan.

Together with their respective qualification standards, they’re as follows:

  1. G1 – recruit 5 affiliate buyers and generate at the least 30,000 USDT in downline funding quantity
  2. G2 – recruit two G1 or larger ranked associates and generate at the least 70,000 USDT in downline funding quantity
  3. G3 – recruit at the least two G2 or larger ranked associates and generate at the least 150,000 USDT in downline funding quantity
  4. G4 – recruit at the least two G3 or larger ranked associates and generate at the least 350,000 USDT in downline funding quantity
  5. G5 – recruit at the least two G4 or larger ranked associates and generate at the least 800,000 USDT in downline funding quantity
  6. G6 – recruit at the least two G5 or larger ranked associates and generate at the least 2,000,000 USDT in downline funding quantity
  7. G7 – recruit at the least two G6 or larger ranked associates and generate at the least 4,000,000 USDT in downline funding quantity
  8. G8 – recruit at the least two G7 or larger ranked associates and generate at the least 8,000,000 USDT in downline funding quantity
  9. G9 – recruit at the least two G8 or larger ranked associates and generate at the least 10,000,000 USDT in downline funding quantity

Referral Commissions

GPTCoin pays referral commissions on invested cryptocurrency down two ranges of recruitment:

  • stage 1 (personally recruited associates) – 30%
  • stage 2 – 10%

ROI Match

GPTCoin pays a ROI match down two ranges of recruitment:

  • G1 ranked associates earn a 15% match on stage 1 and 10% on stage 2
  • G2 ranked associates earn a 25% match on stage 1 and 10% on stage 2
  • G3 ranked associates earn a 35% match on stage 1 and 10% on stage 2
  • G4 ranked associates earn a 40% match on stage 1 and 10% on stage 2
  • G5 ranked associates earn a forty five% match on stage 1 and 10% on stage 2
  • G6 ranked associates earn a 50% match on stage 1 and 10% on stage 2
  • G7 ranked associates earn a 55% match on stage 1 and 10% on stage 2
  • G8 ranked associates earn a 65% match on stage 1 and 10% on stage 2
  • G9 ranked associates earn a 75% match on stage 1 and 10% on stage 2

Word to qualify for the ROI Match, GPTCoin associates should make investments at the least 100 USDT.

Dividend Reward

G9 ranked GPTCoin associates who’ve at the least 4 G9 ranked associates of their downline obtain a share in 10% of GPTCoin’s company-wide funding.

NFT Funding

GPTCoin associates who recruit 5 associates can spend money on NFT positions:

  • make investments 1000 USDT and obtain an NFT funding place that pays 0.01 GPTC a day
  • make investments 5000 USDT and obtain an NFT funding place that pays 0.05 GPTC a day
  • make investments 10,000 USDT and obtain an NFT funding place that pays 0.1 GPTC a day

GPTC is an in home GPTCoin token. I’m unsure if it really exists but or not.

Becoming a member of GPTCoin

GPTCoin affiliate membership is free.

Full participation within the connected earnings alternative requires a minimal 10 USDT funding.

GPTCoin Conclusion

GPTCoin is a straightforward Ponzi scheme hidden behind an AI bandwagon advertising grift.

Regardless of its title and brand misappropriation, GPTCoin has nothing to do with OpenAI’s GPT AI platform.

GPTCoin’s Ponzi ruse of selection is an AI buying and selling bot (due to course it’s):

GPTCoin fails to supply proof it generates exterior income by way of AI bot buying and selling or another supply.

GPTCoin’s advertising claims additionally fail the Ponzi logic take a look at:

By backtesting of two million transactions, AI Fox has achieved secure each day income with a development charge of two% to 10%.

If GPTCoin already has a bot producing 2% to 10% a day, what do they want your cash for?

Because it stands, the one verifiable income getting into GPTCoin is new funding.

Utilizing new funding to fund ROI withdrawals would make GPTCoin a Ponzi scheme.

As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.

This may starve GPTCoin of ROI income, ultimately prompting a collapse.

GPTCoin’s exit-scam of selection is prone to be its GPTC tokens (Fintoch exit-scammed with its FTC token).

If GPTCoin doesn’t simply disappear with out warning, look ahead to a collapse the second withdrawals totally or partially change to GPTC.

The maths behind Ponzi schemes ensures that once they collapse, the vast majority of members lose cash.



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