Eteric Energy fails to supply possession or govt data on its web site.
Eteric Energy’s web site area (“eteric-power.com”), was privately registered on April 14th, 2023.
I seen in Eteric Energy’s source-code a reference to “Prudential Investments Pty Ltd”. A hyperlink to an ASIC search is supplied.
There are just a few matches so nothing definitive. The reference is commented out on the source-code although, suggesting Eteric Energy is constructed on a template.
I ran a seek for a textual content snippet on Eteric Energy’s web site and it returned 1230 outcomes.
It seems now we have some very busy serial scammers on our palms.
As at all times, if an MLM firm shouldn’t be brazenly upfront about who’s operating or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
Eteric Energy’s Merchandise
Eteric Energy has no retailable services or products.
Associates are solely in a position to market Eteric Energy affiliate membership itself.
Eteric Energy’s Compensation Plan
Eteric Energy associates make investments USD equivalents in cryptocurrency.
That is completed on the promise of marketed returns:
- Degree 1 – make investments $100 or extra and obtain 1.8% a day for 7 days
- Degree 2 – make investments $10,000 to $30,000 or extra and obtain 2.5% a day for 14 days
- Degree 3 – make investments $30,000 or extra and obtain 3% a day for 30 days
- Degree 4 – make investments $20,000 and obtain 4% a day for 60 days
- Degree 5 – make investments $20,000 (not a typo) or extra and obtain 10% a day for 60 days
Eteric Energy pays referral commissions on invested funds down two ranges of recruitment (unilevel):
- 10% on stage 1 (personally recruited associates)
- 5% on stage 2
Becoming a member of Eteric Energy
Eteric Energy affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal $100 funding.
Eteric Energy solicits funding in bitcoin, ethereum and tether.
Eteric Energy Conclusion
Eteric Energy is a templated low-effort Ponzi scheme. You possibly can decide something from their web site however the particular phrase I searched was:
Our venture relies on on-line investments, we work within the inventory market, cryptocurrency buying and selling
Copy that into Google and each single web site consequence that pops up is the same template Ponzi scheme run by the identical scammers.
As to why Eteric Energy is a Ponzi scheme, the above quote reveals firm represents it generates exterior income by way of “the inventory market” and “cryptocurrency buying and selling”.
No proof of exterior income technology by way of these actions is supplied. Moreover, Eteric Energy’s enterprise mannequin fails the Ponzi logic take a look at.
If the nameless admin(s) behind Eteric Energy had been capabale of legitimately producing as much as 10% a day, what do they want your cash for?
Because it stands the one verifiable income getting into Eteric Energy is new funding.
Utilizing new funding to pay associates a day by day return makes Eteric Energy a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve Eteric Energy of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.
