On the core of each MLM token Ponzi scheme is the massive stash of admin tokens.
These tokens are created out of skinny air and dumped to extract funds out of the scheme.
If evaluation of G999 blockchain is correct, GSPartners had dumped over 2 billion G999 tokens thus far.
Not a lot a leak as knowledge evaluation, our supply materials is a GitHub venture created within the final 24 hours.
Primarily based on official knowledge from G999’s blockchain, the GitHub spreadsheet particulars transactions throughout a sequence of G999 wallets created previous to the general public October fifteenth, 2020 launch.
We will confirm the launch date courtesy of an October seventh GSB Gold Normal Banking Company AG press-release;
It ought to be talked about that G999 shall be out there on the open market from 15 October 2020.
Given the general public didn’t have entry to G999 previous to this date, the speculation is any account created previous to October fifteenth belonged to GSB company.
Primarily based on spreadsheet knowledge spanning Jan 1st to April 1st 2021;
- 603.725 million G999 was dumped in January 2021
- 705.094 million G999 was dumped in February 2021
- 593.123 million G999 was dumped in March 2021
- 129.691 million G999 has been dumped in April 2021 to this point
The overall G999 dumped by company wallets involves 2.03 billion tokens.
Upon debuting on dodgy public exchanges in early February, G999 pumped to 2.39 cents.
Since early March G999 has been in dump decline. It’s at present buying and selling at $0.0039 (0.39 of a cent).
GSB was launched because the MLM alternative GSPartners.
The corporate is run by Josip Heit (left within the picture proper), who’s believed to be the first benefactor of G999 company dumping.
Whereas the buying and selling worth of G999 may appear low, the variety of G999 tokens being dumped nonetheless returns a tidy revenue.
Throughout March 2021 G999 dumped from 1.9 cents to ~0.8 cents.
If we common that out to 1 cent, GSPartners company made ~$5.9 million (barely roughly relying on when precisely tokens have been dumped in the course of the month).
No matter precisely how a lot was made, what’s necessary is that the one individual profiting off G999 is proprietor Josip Heit.
BehindMLM reviewed GSPartners in late February.
In line with Alexa, mid March or so visitors to GSPartners’ web site went into decline.
Alexa’s visitors evaluation recommend nearly all of GSPartners affiliate buyers are from the US (43%), adopted by South Africa (13%) and India (9%).
Replace ninth June 2021 – Following G999’s flop, GSPartners is gearing as much as launch a brand new JONE shitcoin.