GPBots fails to offer possession or government data on its web site. GPBot’s advertising movies function badly animated AI avatars.
GPBots’ operates from two recognized web site domains:
- gpbots.com – privately registered on Might twenty seventh, 2023
- gpbots.app – privately registered on June third, 2023
Of be aware is GPBots’ use of DefiCode’s Arbot:
Arbot is a “drag and drop” software used to create smart-contract Ponzi schemes.
Earlier this week BehindMLM famous Arbot’s use within the StakeMine Ponzi scheme. As a consequence of its use of Portuguese, StakeMine is believed to be run by scammers in and/or from Brazil.
Though its introduced in English, GPBots’ native web site language code can be Portuguese:
This in all probability isn’t a coincidence. StakeMine and GPBots are possible run by the identical group of scammers.
As at all times, if an MLM firm is just not brazenly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
GPBot’s Merchandise
GPBot has no retailable services or products.
Associates are solely capable of market GPBot affiliate membership itself.
GPBot’s Compensation Plan
GPBots associates make investments $20 to $10,000 in cryptocurrency. That is performed on the promise of an marketed “as much as” 1% a day ROI.
There are 9 GPBot funding tiers:
- $20
- $50
- $100
- $200
- $500
- $1000
- $2500
- $5000
- $10,000
GPBots ROI charges are capped at 200%. This consists of any MLM commissions and bonuses earned.
A GPBot affiliate can enhance their ROI cap to 300% in the event that they recruit 5 associates who’ve invested the identical quantity or increased.
Observe that upon reaching the 200%/300% ROI cap, reinvestment is required to proceed incomes.
The MLM aspect of GPBots pays on recruitment of affiliate traders.
Referral Commissions
GPBots pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned straight below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
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.
GPBots caps referral commissions down 5 unilevel staff ranges.
Referral commissions are paid as a proportion of cryptocurrency invested throughout these 5 ranges as follows:
- degree 1 (personally recruited associates) – 10%
- ranges 2 and three – 3%
- ranges 4 and 5 – 2%
Observe that referral commissions are solely paid on the identical or lesser quantities invested.
E.g in case you have invested $500 into GPBots, you’ll earn referral commissions on $500 and fewer downline investments.
Residual Commissions
GPBots pays residual commissions by way of a 3×5 matrix.
A 3×5 matrix locations an associates on the prime of a matrix with three positions straight below them:
These three positions kind the primary degree of the matrix. The second degree of the matrix is generated by splitting these first three positions into one other three positions every (9 positions).
Ranges three to 5 of the matrix are generated in the identical method, with every new degree housing thrice as many positions because the earlier degree.
Positions within the matrix are crammed by way of direct and oblique recruitment of GPBots associates.
Residual commissions are paid as a proportion of funding made throughout all 5 ranges of the matrix:
- ranges 1 to 4 of the matrix pays a 4% residual fee
- degree 5 of the matrix pays a ten% residual commision
Observe that every GPBots funding tier corresponds with its personal residual commissions matrix.
Revenue Sharing
10% of funding made throughout every residual commissions matrix tier is put into 9 separate Revenue Sharing swimming pools.
The Revenue Sharing pool is shared with GPBots associates who’ve recruited fifty associates and invested in every matrix tier.
Becoming a member of GPBots
GPBots affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $20 funding.
GPBots solicits funding in varied cryptocurrencies.
GPBots Conclusion
GPBots represents it generates exterior income by way of an AI buying and selling bot.
Our clever automation identifies real-time arbitrage alternatives, enabling correct and environment friendly shopping for and promoting of Bitcoin throughout a number of buying and selling platforms.
No proof of GPBots producing income by way of buying and selling is offered.
Moreover, GPBots’ passive funding scheme constitutes a securities providing. GPBots gives no proof it has registered with monetary regulators.
Which means at a minimal, GPBots is committing securities fraud and working illegally.
Registering with monetary regulators means GPBots must file periodic audited monetary reviews. These reviews would element GPBots’ purported buying and selling bot income.
GPBots can’t present these audited reviews as a result of there is no such thing as a buying and selling bot.
Because it stands the one verifiable income coming into GPBot is new funding. Utilizing new funding to pay earlier investor withdrawals would make GPBots a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve GPBot of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, nearly all of individuals lose cash.
