What’s left of R Community is being funneled into newly launched iX World.
The transition is being framed as a “partnership” and was introduced earlier this month.
Presumably the “partnership” contains an undisclosed monetary settlement with R Community founder Richard Smith.
R Community surfaced in early 2019, as a continuation of Digital Vault.
Digital Vault was a spinoff of Nui, though Richard Smith did his greatest to faux in any other case.
The unique idea noticed R Community pitched instead financial institution, powered by RevvCard.
RevvCard was primarily a $150 bodily illustration of a digital pockets, for use by Nui’s Kala bagholders.
Quickly after R Community was introduced, it was revealed that bodily RevvCards wouldn’t be out there for the higher a part of a 12 months.
By February 2020 RevvCard had nonetheless but to materialize. In mid 2020 BehindMLM revisited R Community, noting RevvCard had been “quietly dropped”.
Our R Community revisit coincided with the corporate rebranding itself as an ecommerce platform.
Presumably to maintain the enterprise afloat, R Community associates had been being supplied “inventory packages”.
Neither R Community or Richard Smith had been registered with the SEC, prompting us to name each out for securities fraud.
Quick ahead to March 2021 and R Community’s historical past has been swept underneath the carpet.
As above, apparently R Community is a “world referral community that refers qualify services”.
That brings us to iX World.
As reviewed right here on BehindMLM final month, iX World fronts an schooling platform.
Behind which might be “AI buying and selling self managed accounts”, promising 5% to twenty% month-to-month returns.
Naturally neither iX World or its co-founders are registered with the SEC both.
So far as I can inform aside from a couple of reductions, the iX World partnership funnels R Community associates into the corporate.
Earlier than speeding to enroll to yet one more fraudulent funding scheme, maybe what’s left of R Community ought to ask the place their beforehand promised inventory choices are.
Or what occurred to the ecommerce platform. Or RevvCard. Or the chance to “personal the banks”.
The place did all of it go?