Fourth HyperTech crypto Ponzi hoax [updated]


I wasn’t certain if HyperOne was a joke at first.

 

Replace seventeenth Could 2022 – Seems my spidey sense was lifeless on, HyperOne doesn’t seem to have something to do with HyperTech, HyperFund or Hyperverse.

Kalpesh Patel has confirmed he has nothing to do with HyperOne in a lately revealed social media video.

I’ll go away this evaluation up as a report of what HyperOne was pitching. /finish replace

 

The primary video uploaded to HyperOne’s official Youtube channel is an outdated 2018 blockchain bro video that includes Sam Lee.

Lee, together with Ryan Xu, are HyperTech’s co-founders. They’re on the run from liquidators in Australia and are believed to be hiding out in Dubai.

You in all probability gained’t hear a lot of Xu and Lee, if in any respect, in HyperOne’s advertising.

As a substitute we now have two of the few individuals left selling Hyperverse, Kalpesh Patel…

…and his sidekick Keith Williams:

There are another names in HyperOne’s advertising however I wasn’t in a position to affirm involvement so I’ll go away them out for now.

Like Lee and Xu, Kalpesh Patel fled to Dubai to cement his Ponzi legacy.

Patel travels again to the UK occasionally to go to household. The UK is sort of as lax as Dubai on the subject of MLM securities fraud regulation.

Keith Williams joins Patel on his Hyper* Ponzi webinars. Williams’ LinkedIn profile locations him within the UK.

The opposite prime earner in latest Hyper* Ponzis is Rodney Burton, a US citizen.

So far as I can inform he’s cashed out and isn’t coming again. Burton now spends his time strolling round Dubai in his pajamas:

Hyperverse noticed Xu and Lee rent an actor to play CEO Steven Reece Lewis.

Lewis is nowhere to be seen with HyperOne. He seems to have been paid off however the content material bot continues to be posting social media cringe on his Twitter account:

HyperOne’s web site area (“hcash.one”), was registered on April twenty sixth, 2022. “Hyper One” is listed because the proprietor, by means of the Cayman Island. All different area possession particulars are redacted.

As to HyperTech, it’s a Ponzi manufacturing facility created by Sam Lee and Ryan Xu.

First we had HyperCapital, then HyperFund, then Hyperverse (short-lived) and now HyperOne.

All MLM crypto Ponzi schemes and, apart from HyperOne, all have collapsed.

So with mounting losses and executives in hiding, what’s HyperOne’s advertising schtick?

Learn on for a full evaluation of HyperOne’s MLM alternative.

HyperOne’s Merchandise

HyperOne has no retailable services or products.

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

HyperOne’s Compensation Plan

HyperOne associates buy hyperone or hyperunit tokens from the corporate with tether (USDT).

As soon as acquired, hyperone tokens are invested again with the corporate (staking).

  • make investments 100 HU and obtain 50 cents in HOT tokens for 400 days
  • make investments 300 HU and obtain $1 in HOT tokens and 57 cents in HU tokens for 400 days
  • make investments 1500 HU and obtain $4 in HOT tokens and $4.56 in HU tokens for 400 days
  • make investments 3100 HU and obtain $8 in HOT tokens and $10.27 in HU tokens for 400 days
  • make investments 6300 HU and obtain $16 in HOT tokens and $24.04 in HU tokens for 400 days
  • make investments 12,700 HU and obtain $32 in HOT tokens and $53.78 in HU tokens for 400 days

Each HU and HOT are represented as having $1:1 token parity.

The MLM aspect of HyperOne pays commissions on recruitment of associates and their investments.

Referral Commissions (hyperone token funding)

HyperOne pays a referral fee when personally recruited associates make investments tether for hyperone tokens.

Hyperone referral fee specifics are usually not offered.

Referral Commissions (ROI)

HyperOne pays a referral fee on each day returns paid to downline associates.

Referral commissions are tracked through a unilevel compensation construction.

A unilevel compensation construction locations an affiliate on the prime of a unilevel crew, with each personally recruited affiliate positioned straight beneath 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.

HyperOne cap referral commissions at twelve unilevel crew ranges.

Particular referral fee charges are usually not offered.

Residual Commissions

HyperOne pays residual commissions through a binary compensation construction.

A binary compensation construction locations an affiliate on the prime of a binary crew, cut up into two sides (left and proper):

The primary degree of the binary crew homes two positions. The second degree of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).

Subsequent ranges of the binary crew are generated as required, with every new degree housing twice as many positions because the earlier degree.

Positions within the binary crew are crammed through direct and oblique recruitment of associates. Word there isn’t a restrict to how deep a binary crew can develop.

Residual commissions are calculated by means of “Hyper Rewards Factors” (HRP). This seems to be an inside level system, doubtless a share of precise funds invested.

Residual commissions are paid at 10% of HRP generated on the weaker binary crew aspect (presumed weekly).

Achiever Bonus

HyperOne units apart 10% of weekly company-wide funding quantity.

That is shared equally amongst HyperOne’s “prime achievers” every week.

Becoming a member of HyperOne

HyperOne affiliate membership is tied to a $100 or extra preliminary funding in USDT.

HyperOne Conclusion

HyperOne is a rehash of your fundamental MLM crypto Ponzi scheme.

Spend money on hyperone tokens, recruit others who do the identical, money out their cash. You’ve acquired staking and the MLM comp plan for specifics, however that’s the gist of it.

Hyperone token itself is a BEP-20 shit token. These value little to nothing and will be arrange in round 5 minutes. They’re the default for zero effort Ponzi schemes.

So what makes HyperOne completely different to the Hyper* Ponzis that got here earlier than it?

Apart from Xu and Lee hiding, HyperOne marks HyperTech leaping on the NFT fraud bandwagon… roughly a couple of yr and a half too late.

The NFT rip-off fad has come and gone. What’s left are bottom-of-the-barrel grifters and it’s that surroundings HyperOne hopes to populate.

HyperOne hamfisting NFTs into its thrice collapsed shit token Ponzi mannequin is a few garbage about mining them by means of recruitment.

One thing one thing get nugatory HyperOne NFT. One thing one thing use nugatory HyperOne NFT to money out different individuals’s cash. It’s a part of the Ponzi scheme so nevertheless they’re built-in the core perform of withdrawing greater than you invested, of different individuals’s cash, stays intact.

The elephant within the room is what HyperOne does with HyperFund and Hyperverse bagholders.

In the event that they’re grandfathered in, HyperOne is DOA. An MLM Ponzi scheme weighed down with two generations of bagholding victims goes to burn by means of new sucker funding quickly.

If HyperFund and Hyperverse victims are shirked, the backlash goes to make it inconceivable to market HyperOne to new suckers.

That’s very true, seeing as the very last thing HyperFund did was tout 400% ROIs earlier than totally pulling the plug on withdrawals.

Monetary losses of HyperTech’s current victims additionally make HyperOne’s guarantees of riches ring thunderously hole.

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

It will starve HyperOne of ROI income, ultimately prompting a collapse.

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

 

Replace seventeenth Could 2022 – Serial Ponzi promoter Shohan Bowala, a resident of Australia, has shared his HyperOne backoffice (click on to enlarge):

From this screenshot we are able to see Hyperverse’s HU inside Ponzi factors are a part of HyperOne. “H1” seems to be a brand new inside Ponzi factors system.

It’s unclear whether or not HyperFund/Hyperverse HU bagholders will be capable to import their HU into HyperOne.