Kosmoh operates within the cryptocurrency MLM area of interest. The corporate represents it’s primarily based out of Wyoming within the US, nevertheless that is unlikely to be the case.
Kosmoh gives an govt crew abstract on its web site.
Scrolling by way of the inventory picture feeling pictures, “Tyler Weah” caught my eye:
I might have sworn this was a Fivver actor I’d solely only recently come throughout. I went by way of the archives and on February twelfth I reviewed FX Farms.
Certain sufficient, FX Farms’ advertising and marketing movies featured the identical Fiverr actor. Right here it seems whoever is behind Kosmoh has simply stolen the Fiverr actor’s profile picture.
The man Kosmoh has fronting their advertising and marketing movies additionally offers off a robust Fivver vibe.
Replace twenty fifth Might 2020 – As on the time of this replace Kosmoh have deleted their YouTube channel and Fivver actor advertising and marketing movies. /finish replace
Readers over on the BitcoinTalk discussion board have gone one step additional, figuring out a number of examples of Photoshop manipulation.
Offered images of Kosmoh’s supposed company workplace are additionally simply badly photoshopped inventory workplace pictures.
It’s thus clear govt and company data offered on Kosmoh’s web site is totally bogus.
Kosmoh’s web site area (“kosmoh.com”) was privately registered on December third, 2019.
As at all times, if an MLM firm isn’t overtly upfront about who’s operating or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.
Kosmoh’s Merchandise
Kosmoh has no retailable services or products, with associates solely in a position to market Kosmoh affiliate membership itself.
Kosmoh’s Compensation Plan
Kosmoh associates make investments $300 to $50,000 in kosmoh tokens, on the promise of an marketed 0.3% to 0.7% each day return.
- Starter – $300
- Dealer – $500
- Professional-Dealer – $1200
- Explorer – $3000
- Professional-Explorer – $7000
- Advance – $15,000
- Mentor – $50,000
Returns are capped at 400%, after which reinvestment is required to proceed incomes.
Commissions are paid on recruitment of latest associates who additionally make investments.
Notice that each one commissions beneath are paid in kosmoh tokens.
Residual Commissions
Kosmoh pays residual commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel crew, with each personally recruited affiliate positioned immediately underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel crew.
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.
Kosmoh caps payable unilevel crew ranges at twenty.
Associates are paid a proportion of funds invested throughout these eleven ranges as follows:
- Starter by way of Professional-Dealer earns 10% on degree 1 (personally recruited associates), 5% on degree 2, 2% on ranges 3 to five, 1% on ranges 6 to eight and 0.5% on ranges 9 to twenty
- Explorer and Professional-Explorer earns 12 on degree 1, 5% on degree 2, 2% on ranges 3 to five, 1% on ranges 6 to eight and 0.5% on ranges 9 to twenty
- Advance and Mentor earns 15% on degree 1, 5% on degree 2, 2% on ranges 3 to five, 1% on ranges 6 to eight and 0.5% on ranges 9 to twenty
Every day residual fee earnings are capped primarily based on which preliminary funding tier a Kosmoh affiliate signed up with.
E.g. Advance tier associates make investments $15,000 and may earn as much as $15,000 a day in residual commissions.
Notice that to earn from degree 12 onward, regardless of how a lot is initially invested, a Kosmoh affiliate should qualify as a Supervisor.
Supervisor qualification requires an affiliate to recruit ten investing associates inside fifty days of signing up.
Presumably if this qualification isn’t met, Kosmoh associates solely earn residual commissions on as much as eleven unilevel crew ranges.
Kosmoh’s compensation plan states that in and of itself, 5 personally recruited associates are required to earn on the primary eleven unilevel crew ranges.
Affiliate Bonus
Kosmoh’s Affiliate Bonus seems like a separate fee construction for reinvestment.
Earn 50% as an affiliate bonus, from every & each direct referral who top-up their account with affiliate membership pack of $50 for lifetime.
The Affiliate Bonus is paid out utilizing the identical unilevel crew as follows:
- Starter tier associates earn 30% on degree 1 and 5% on ranges 2 to 11
- Dealer tier associates earn 40% on degree 1 and 5% on ranges 2 to 11
- Professional-Dealer tier associates earn 50% on degree 1, 10% on degree 2 and 5% on ranges 3 to 11
- Explorer tier associates earn 60% on degree 1, 10% on degree 2 and 5% on ranges 3 to 11
- Professional-Explorer tier associates earn 70% on degree 1, 10% on degree 2 and 5% on ranges 3 to 11
- Advance tier associates earn 80% on degree 1, 10% on degree 2 and 5% on ranges 3 to 11
- Mentor tier associates earn 100% on degree 1, 10% on degree 2 and 5% on ranges 3 to 11
Given the above percentages, the place Kosmoh bought the 50% quoted fee charge is unclear (solely Professional-Merchants earn 50% on degree 1).
Becoming a member of Kosmoh
Kosmoh affiliate membership is tied to a $300 to $50,000 funding.
- Starter – $300
- Dealer – $500
- Professional-Dealer – $1200
- Explorer – $3000
- Professional-Explorer – $7000
- Advance – $15,000
- Mentor – $50,000
Notice that each one funding into Kosmoh is made in bitcoin or ethereum.
Conclusion
Kosmoh represents that it generates exterior income by way of “crypto buying and selling”.
The Kosmoh Software is constructed with the data and experience of merchants and is coupled with machine studying and synthetic intelligence, delivering the primary of its sort buying and selling ecosystem.
So what do they want your cash for?
Effectively, just like the offered govt and company data, Kosmoh’s buying and selling claims are bogus.
Kosmoh exists as a token for the only real cause the scammers behind it need your cash; bitcoin and ethereum on this case.
The one level of failure within the phantasm that kosmoh tokens are price something, is that the corporate itself doesn’t settle for kosmoh.
The present inside trade worth for kosmoh tokens can be not accessible on Kosmoh’s web site.
All you are able to do together with your nugatory kosmoh tokens is mess around with in home relationship, gaming and playing apps.
Financially talking kosmoh tokens are nugatory exterior of the scheme, which the scammers behind it are painfully conscious of:
Notice in pre-launch firm is giving twin advantages revenue in {dollars} and kosmoh tokens each, however after official launch will probably be solely certainly one of above.
It’ll be kosmoh tokens, as a result of Kosmoh’s admins can create them on demand at little to no price.
Withdrawals are processed by way of Kosmoh’s inside trade, for so long as the corporate needs to pay out.
Being a closed-loop system, this will likely be till new funding runs dry or the scammers behind Kosmoh need to pull a runner.
Being a Ponzi scheme, this can occur when affiliate recruitment slows down.
No new associates means no new cash getting into the system, leaving Kosmoh unable to pay withdrawal requests.
The mathematics behind Ponzi schemes ensures that once they inevitably collapse, the vast majority of contributors lose cash.