GoDiamond supplies no details about who owns or runs the corporate on its web site.
GoDiamond’s web site area (“godiamond.com”), was first registered in 1997.
The personal registration was final up to date on Might twenty second, 2021. This seems to be when the present homeowners took possession.
GoDiamond online marketing started to appear on or round October 2021.
Alexa at present ranks prime sources of site visitors to GoDiamond’s web site as Mexico (29%), the US (22%) and Gabon (9%).
There’s a superb likelihood whoever’s operating GoDiamond is from one among these international locations.
GoDiamond is being marketed alongside MillionN, which operates from “millionn.com”.
GoDiamond and MillionN seem like clones of one another. GoDiamond seems to be the extra prevalent of the 2 in order that’s what I’ve centered on on this overview.
As all the time, if an MLM firm shouldn’t be brazenly upfront about who’s operating or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
GoDiamond’s Merchandise
GoDiamond has no retailable services or products.
Associates are solely capable of market GoDiamond affiliate membership itself.
GoDiamond’s Compensation Plan
GoDiamond’s compensation plan touts imprecise passive promoting commissions.
Your members earn a living increasing your community.
You get 100% of the promoting income.
That may in fact pay peanuts.
The true cash in GoDiamond’s compensation plan lies of their Ponzi cycler.
Earlier than we get into that, notice that GoDiamond restricts withdrawals based mostly on recruitment.
Common GoDiamond associates are capable of withdraw as much as $200 a month per affiliate they’ve recruited.
Titanium Ambassadors are capable of withdraw as much as $500 a month per affiliate they’ve recruited.
Notice that GoDiamond fees a ten% price on all withdrawals.
3×3 Matrix Cycler
GoDiamond associates pay $297 to enter a 5 tier 3×3 matrix cycler.
A 3×3 matrix locations an affiliate on the prime of a matrix, with three positions immediately below them.
These three positions type 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)
The third degree of the matrix is generated in the identical method and homes 27 positions.
Positions within the matrix are stuffed through subsequent $1100 purchases by immediately and not directly recruited GoDiamond associates.
When all positions in a 3×3 matrix are stuffed, a “cycle” is generated.
A cycle generates a brand new same-tier place and unlocks the following cycler tier.
- biking out of a $1100 tier 1 matrix generates a brand new tier 1 place and unlocks tier 2, subsequent cycles pay $1100 and generate a brand new tier 1 place
- biking out of a $4400 tier 2 matrix generates a brand new tier 2 place and unlocks tier 3, subsequent cycles pay $4400 and generate a brand new tier 2 place
- biking out of a $17,000 tier 3 matrix generates a brand new tier 3 place and unlocks tier 4, subsequent cycles pay $17,000 and generate a brand new tier 3 place
- biking out of a $70,000 tier 4 matrix generates a brand new tier 4 place and unlocks tier 5, subsequent cycles pay $70,000 and generate a brand new tier 4 place
- biking out of a $280,000 tier 5 matrix generates a brand new tier 5 place, subsequent cycles pay $280,000 and generate a brand new tier 5 place
Cycler Matching Bonus
Titanium Ambassadors earn an identical bonus when personally recruited associates cycle out of tiers 1 to five.
- earn $400 when a personally recruited affiliate cycles out of tier 1
- earn $1600 when a personally recruited affiliate cycles out of tier 2
- earn $6400 when a personally recruited affiliate cycles out of tier 3
- earn $25,000 when a personally recruited affiliate cycles out of tier 4
- earn $100,000 when a personally recruited affiliate cycles out of tier 5
Titanium Ambassador Recruitment Commissions
GoDiamond associates pays an un $497 price to qualify as a Titanium Ambassador.
Titanium Ambassadors obtain $200 every time somebody of their downline indicators up as a Titanium Ambassador.
Presumably this bonus is just paid out to the primary upline Titanium Ambassador.
I.e. it’s doable to earn $200 from any depth beneath you, offered there aren’t any Titanium Ambassadors between you and the brand new recruit.
Becoming a member of GoDiamond
GoDiamond affiliate membership is $297.
Full participation within the connected earnings alternative prices $497 for a Titanium Ambassadorship.
GoDiamond Conclusion
MLM social networks flop as a result of no one joins a social community to be spammed.
What you wind up with is a social community filled with entrepreneurs, all pitching enterprise alternatives (sometimes scams) to one another.
This has performed out numerous occasions. GoDiamond provides bitcoin to the equation and a Ponzi cycler.
With tons of of 1000’s going to the few individuals who handle to cycle all 5 tiers (GoDiamond’s nameless admins and some early adopters), the social community is merely a ruse to masks fraud.
Get folks in on the front-end free of charge, fake they’ve a snowball’s likelihood in hell of incomes $280,000, then hit them with charges. That’s the secret.
By way of the cycler alone we will scale back GoDiamond to a $297/$497 in $372.500 out Ponzi scheme.
That’s 1255 $297 funds, 750 $497 funds or a mix of the 2 per tier 1 to five cycle.
I haven’t factored within the matching bonus, so the precise variety of funds climbs even greater.
Every of these 750 to 1255 cycler positions then wants 750 to 1255 for them to cycle, and in only a few ranges issues turn out to be mathematically silly.
Such is the mathematics behind each Ponzi cycler. However hey, $280,000 no sweat. That’s the advertising.
As with all cycler Ponzi schemes, as soon as affiliate recruitment dries up the matrices will begin to stall.
As soon as sufficient matrices have stalled, an irreversible collapse is triggered.
This ends in GoDiamond’s admin preserving funds trapped in stalled matrices, together with what they pull from their admin place(s).
The mathematics behind Ponzi cyclers ensures nearly all of members lose cash.