Futurion Finance operates within the cryptocurrency MLM area of interest.
The corporate supplies a company handle for “NFT Investments Pty Ltd” in Australia on its web site.
So far as I can inform, NFT Investments is a shell firm. Futurion Finance has no bodily or operational ties to Australia.
The corporate supplies 4 executives on their web site, solely certainly one of whom I used to be in a position to confirm the identification of.
Michel Courtine is credited as certainly one of Futurion Finance’s co-founders. He’s cited as a
tech Entrepreneur with 20 years of expertise in industries starting from blockchain to video video games and cloud infrastructure.
Primarily based on Courtine’s LinkedIn profile that a lot seems to be true.
Courtine seems to have gotten concerned in cryptocurrency, not less than professionally, from round 2017.
His first cited gig on his LinkedIn profile is a Enterprise Growth Govt for Toolchain.
As a Enterprise Developer, I showcased our product and imaginative and prescient at quite a few blockchain conferences and constructed a stable community of companions within the blockchain house.
Then there’s AirCredit, a “carbon credit score manufacturing, verification & decentralized buying and selling platform” that doesn’t seem to exist anymore.
From round December 2019 Courtine has been working at Alf, a enterprise platform suite targeted on automation.
Common Cash Instrument is a Russian UMI shitcoin “staking” funding scheme.
Primarily based on UMI’s web site visitors, no one outdoors of Russia and the Ukraine is taking part.
Courtine is UMI’s Ambassador. His most up-to-date gig was talking at a He lately spoke at a blockchain bro gig in Dubai in late Might.
UMI sponsored the occasion, giving Courtine stage time.
The visitor of honor for the occasion was none apart from Sheikh Saqer Bin Mohamed Al Qasimi.
The UAE’s Al Qasimi royal household are no strangers to cryptocurrency fraud. However I digress.
The one different named Futurion Finance govt who seems in advertising and marketing movies is Andrew Ratushnii.
Ratushnii has the pre-requisite japanese European accent.
Michel Courtine isn’t a Boris CEO. He exists and has been concerned in cryptocurrency for a number of years.
That mentioned, given UMI’s ties to Russia (Courtine refers to it as a “Russian mission”), and whoever is enjoying Andrew Ratushnii having a Russian accent, it’s extremely possible that Russians are both working with Courtine or are completely behind Futurion Finance.
I discover it odd Courtine could be talking for UMI so near showing in promotional movies for Futurion Finance.
It’s nearly as if there is perhaps hyperlinks between UMI and Futurion Finance past Courtine’s involvement. Huh, go determine.
On the time of publication Alexa ranks the highest sources of visitors to Futurion Finance’s web site because the US (22%), Kazakhstan (9%) and the Ukraine (7%).
Michel Fourtine’s LinkedIn profile locations him in Paris, France. Futurion Finance nonetheless signify their advertising and marketing movies had been shot in Dubai.
Skilled BehindMLM readers already know what Russia/Ukraine + MLM + cryptocurrency means (trace trace, title of this assessment).
For the remainder of you, learn on for a full assessment of Futurion Finance’s MLM alternative.
Futurion Finance’s Merchandise
Futurion Finance has no retailable services or products, with associates solely in a position to market Futurion Finance affiliate membership itself.
Futurion Finance’s Compensation Plan
Futurion Finance associates make investments $30 or extra value of cryptocurrency on the promise of a 250% ROI.
As soon as 250% is paid on an funding, reinvestment is required to proceed incomes.
Futurion Finance solicits funding in tether, bitcoin, ethereum, litecoin and pomskey (random pump and dump shitcoin launched in early June).
As soon as precise cryptocurrency is invested, Futurion converts it to a 1:1 FTR steadiness.
FTR is an inner token that holds no worth outdoors of Futurion Finance. The corporate represents FTR is pegged 1:1 with the USD.
Futurion Finance pays returns in FTR, which should be transformed to precise cryptocurrency to withdraw.
The MLM facet of Futurion Finance pays on recruitment of affiliate buyers.
Futurion Finance Ranks
There are 4 affiliate ranks inside Futurion Finance’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Silver – enroll as a Futurion Finance affiliate and make investments and keep an lively funding
- Gold – generate $50,000 in downline funding
- Platinum – generate $250,000 in downline funding
- Platinum+ – generate $1,000,000 in downline funding
Fast Begin Bonus
If a Futurion Finance affiliate recruits 5 associates who every make investments $1000 or extra value of cryptocurrency, they obtain a $1000 FTR funding place.
Residual Commissions
Futurion Finance pays residual commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel staff, with each personally recruited affiliate positioned immediately beneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel staff.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
Futurion Finance caps payable unilevel staff ranges at ten.
Residual commissions are paid as a proportion of cryptocurrency invested throughout these ten ranges as follows:
- Silver ranked associates earn 6% on stage 1 (personally recruited associates), 2% on stage 2, 1% on stage 3 and 0.5% on ranges 4 and 5
- Gold ranked associates earn 7% on stage 1, 3% on stage 2, 2% on stage 3, 1.5% on stage 4 and 0.5% on ranges 5 to 7
- Platinum ranked associates earn 8% on stage 1, 4% on stage 2, 2% on stage 3, 1.5% on stage 4, 1% on ranges 5 to 7 and 0.5% on ranges 8 to 10
- Platinum+ ranked associates earn 10% on stage 1, 4% on stage 2, 3% on stage 3, 2% on stage 4 and 1% on ranges 5 to 10
Whether or not residual commissions are paid in cryptocurrency or FTR tokens is unclear.
Rank Achievement Bonuses
For Rank Achievement Bonuses, Futurion Finance has a separate set of fifteen ranks.
Upon satisfying these rank {qualifications}, associates obtain a one-time Rank Achievement Bonus.
- L1 (generate $2500 in personally recruited affiliate funding quantity and $10,000 in whole downline quantity) – obtain $250
- L2 (generate $5000 in personally recruited affiliate funding quantity and $25,000 in whole downline quantity) – obtain $500
- L3 (generate $10,000 in personally recruited affiliate funding quantity and $50,000 in whole downline quantity) – obtain $1000
- L4 (generate $25,000 in personally recruited affiliate funding quantity and $75,000 in whole downline quantity) – obtain $2000
- L5 (generate $50,000 in personally recruited affiliate funding quantity and $150,000 in whole downline quantity) – obtain $3000
- L6 (generate $100,000 in personally recruited affiliate funding quantity and $300,000 in whole downline quantity) – obtain $5000
- L7 (generate $200,000 in personally recruited affiliate funding quantity and $600,000 in whole downline quantity) – obtain $10,000
- L8 (generate $350,000 in personally recruited affiliate funding quantity and $1,200,000 in whole downline quantity) – obtain $15,000
- L9 (generate $500,000 in personally recruited affiliate funding quantity and $2,000,000 in whole downline quantity) – obtain $20,000
- L10 (generate $700,000 in personally recruited affiliate funding quantity and $2,800,000 in whole downline quantity) – obtain $30,000
- L11 (generate $1,000,000 in personally recruited affiliate funding quantity and $4,000,000 in whole downline quantity) – obtain $40,000
- L12 (generate $1,500,000 in personally recruited affiliate funding quantity and $6,000,000 in whole downline quantity) – obtain $60,000
- L13 (generate $2,500,000 in personally recruited affiliate funding quantity and $8,500,000 in whole downline quantity) – obtain $100,000
- L14 (generate $5,000,000 in personally recruited affiliate funding quantity and $15,000,000 in whole downline quantity) – obtain $200,000
- L15 (generate $7,000,000 in personally recruited affiliate funding quantity and $25,000,000 in whole downline quantity) – obtain $300,000
Whether or not Rank Achievement Bonuses are paid in USD, crypto or FTR tokens is unclear.
Futurion Finance additionally lists a number of “popularity bonuses”, nonetheless no particular qualification standards is supplied.
Becoming a member of Futurion Finance
Futurion Finance affiliate membership is tied to a minimal $100 funding equal in tether, bitcoin, ethereum, litecoin and pomskey.
As soon as a 250% ROI is realized, reinvestment is required to proceed incomes.
Conclusion
It’s taken a number of months however Russian MLM crypto scammers have lastly caught as much as the short-lived NFT fad earlier this 12 months.
Happily it’s a fairly half-assed tie-in, so I don’t should bore you with technical particulars.
All Futurion Finance have finished is identify their Ponzi funding positions “digital artwork certificates”.
Digital Artwork certificates have a set value from 100 USD. The refund of certificates unique price is included in reward paid beneath the certificates.
The each day reward is a variable proportion (from 0.5% to 2% per day). The primary reward accrual occurs 24 hours after the digital artwork certificates buying
The whole reward for any digital artwork certificates is restricted as much as 250%. The digital artwork certificates is mechanically deactivated after reaching the devoted end result of 250%.
All the interior operations are calculated in FTR forex. FTR is the interior working forex of the Futurion platform.
The FTR is equal at nominal worth to the US greenback, however has the type of an digital invoice. That helps to enhancing inner management, effectivity and safety.
Futurion Finance associates enroll and spend money on $100 Ponzi positions digital artwork certificates, Futurion Finance makes use of invested funds to pay a 250% ROI, associates money out returns till the inevitable collapse.
The usage of an inner FTR shitcoin offers Futurion Finance’s homeowners loads of time to gauge when to exit-scam. And affiliate buyers gained’t see it coming.
By the point the FTR to no matter crypto withdrawal course of stops, Futurion Finance’s admins, together with Michel Courtine will likely be lengthy gone.
Effectively, figuratively talking they’ll have by no means left Russia however you realize what I imply.
To that finish I’m undecided if Courtine is being arrange as the autumn man or if he’s knowingly complicit. I suppose we’ll discover out after he reads this assessment.
Within the meantime we’ve had an explosion of short-lived Russian MLM crypto Ponzi schemes over the previous twelve months.
Futurion Finance is the newest and can finish the identical because the others. Cease falling for this rubbish.
Replace nineteenth September 2021 – Futurion Finance has collapsed.
As of some days in the past the corporate’s web site is offline. Ditto that of its “Futurama” NFT platform.
I had linked to varied Futurion Finance advertising and marketing movies on this assessment. Futurion Finance has deleted its social media presence, together with its YouTube channel.
Because of this I’ve eliminated the video hyperlinks from the assessment.