Alcacor operates within the cryptocurrency MLM area of interest. Heading up Alcacor is Director Magnus Larsson.
Larsson is a former promoter of the Crowd1 Ponzi scheme.
Crowd1 was launched by Swedish nationwide Jonas Werner in 2019. The Ponzi scheme has pitched passive returns by way of quite a few ruses over time.
Crowd1 spent most of 2022 developing with excuses for not paying traders. Final month we realized authorities raided what was left of Crowd1’s Swedish operations in November 2022.
Magnus Larsson joined Crowd1 early on and labored as an envoy for the corporate.
After there was no extra money left to steal, Larsson introduced he was leaving Crowd1 in September 2022.
Previous to Crowd1 Larsson was selling Dan Andersson’s LeoCoin Ponzi scheme.
Becoming a member of Larsson is operating Alcacor are former Crowd1 Ponzi promoters Christine Ye and Reto Moser.
Initially from Sweden, Larsson fled to Dubai in some unspecified time in the future throughout his Ponzi profession. Alcacor supplies an handle for Alcacor Networks FZCO in Dubai on its web site.
Dubai is the MLM crime capital of the world.
BehindMLM’s pointers for Dubai are:
- If somebody lives in Dubai and approaches you about an MLM alternative, they’re attempting to rip-off you.
- If an MLM firm relies out of or represents it has ties to Dubai, it’s a rip-off.
If you wish to know particularly how this is applicable to Alcacor, learn on for a full overview.
Alcacor’s Merchandise
Alcacor has no retailable services or products.
Associates are solely in a position to market Alcacor affiliate membership itself.
Alcacor’s Compensation Plan
Alcacor associates buy “Alca Factors” with the cryptocurrency DAI. Alca Factors (ALC) are a nugatory exterior of Alcacor.
- Onboard Pack – make investments $88 DAI and obtain 90 ALC
- Fundamental Pack – make investments $188 DAI and obtain 200 ALC
- Worth Pack – make investments $988 DAI and obtain 1500 ALC
- Pioneer Pack – make investments $2488 DAI and obtain 4000 ALC
Alcacor associates use Alca Factors to spend money on Alcacor digital shares.
Alcacor initially offered digital shares to associates at a charge of 200 Alca Factors per share. In February 2023 this was raised to 400 Alca Factors per share.
There are 9 ranks tied to whole Alcacor share funding:
- Rat – spend money on 1 Alcacor share
- Pig – spend money on 5 Alcacor shares
- Snake – spend money on 25 Alcacor shares
- Horse – spend money on 50 Alcacor shares
- Rooster – spend money on 75 Alcacor shares
- Rabbit – spend money on 100 Alcacor shares
- Uncommon Monkey – spend money on 200 Alcacor shares
- Legendary Tiger – spend money on 400 Alcacor shares
- Mythic Dragon – spend money on 800 Alcacor shares
These are completely different to affiliate ranks. Alcacor share ranks are tied to varied cartoon NFTs.
Alcacor shares are tied to a revenue pool, purportedly made up of Alcacor’s company-wide income. The extra shares an Alcacor affiliate has invested in, the bigger the passive return they obtain.
The MLM facet of Alcacor pays on recruitment of affiliate traders.
Gross sales Quantity (BV)
Alcacor pays all MLM commissions and bonuses based mostly on Enterprise Quantity (BV).
BV is calculated on every Alcor Factors funding tier as follows:
- Onboard Pack – 70 BV
- Fundamental Pack – 150 BV
- Worth Pack – 790 BV
- Pioneer Pack – 2000 BV
Alcacor Affiliate Ranks
There are 9 affiliate ranks inside Alcacor’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Starter – enroll as an Alcacor affiliate
- Starter Plus – generate an undisclosed quantity of PV every month, recruit 2 associates and generate 500 in accrued weaker binary staff facet quantity
- Junior Affiliate – generate an undisclosed quantity of PV every month, recruit 5 associates and generate 3000 in accrued weaker binary staff facet quantity
- Staff Affiliate – generate an undisclosed quantity of PV every month, recruit 8 associates and generate 10,000 in accrued weaker binary staff facet quantity
- Regional Builder – generate an undisclosed quantity of PV every month, keep 8 personally recruited associates and generate 5000 in month-to-month and 50,000 in accrued weaker binary staff facet quantity
- Nationwide Builder – generate an undisclosed quantity of PV every month, recruit 10 associates and generate 25,000 in month-to-month and 250,000 in accrued weaker binary staff facet quantity
- World Chief – generate an undisclosed quantity of PV every month, recruit 15 associates and generate 50,000 in month-to-month and 1,000,000 in accrued weaker binary staff facet quantity
- Royal Chief – generate an undisclosed quantity of PV every month, recruit 20 associates and generate 100,000 in month-to-month and a couple of,500,000 in accrued weaker binary staff facet quantity
- Crown Chief – generate an undisclosed quantity of PV every month, keep 20 personally recruited associates and generate 150,000 in month-to-month and 5,000,000 in accrued weaker binary staff facet quantity
PV stands for “Private Quantity”. Though quantities aren’t disclosed, it’s assumed it will require Alcacor associates to pay a month-to-month price.
Recruitment Commissions
Alcacor associates earn 10% of BV generated by way of personally recruited affiliate funding.
Residual Commissions (unilevel)
Alcacor pays residual unilevel commissions on generated BV down three ranges of recruitment:
- degree 1 (personally recruited associates) – 5%
- degree 2 – 3%
- degree 3 – 2%
Residual Commissions (binary)
A binary compensation construction locations an affiliate on the prime of a binary staff, cut up into two sides (left and proper):
The primary degree of the binary staff homes two positions. The second degree of the binary staff is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary staff are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary staff are crammed by way of direct and oblique recruitment of associates. Word there isn’t any restrict to how deep a binary staff can develop.
On the finish of every week Alcacor tallies up new BV funding quantity on each side of the binary staff.
Associates are paid 10% of recent BV on their weaker binary staff facet.
Word that residual binary commissions are capped weekly based mostly on rank:
- Starter associates don’t earn residual binary commissions
- Starter Plus associates can earn as much as $200 every week
- Junior Associates can earn as much as $800 every week
- Staff Associates can earn as much as $1500 every week
- Regional Builders can earn as much as $2500 every week
- Nationwide Builders can earn as much as $5000 every week
- World Leaders can earn as much as $10,000 every week
- Royal Leaders can earn as much as $15,000 every week
- Crown Leaders can earn as much as $20,000 every week
Transactional Pool
Alcacor takes 2% of company-wide income and shares it with associates who’ve invested on the Pioneer Pack tier.
Month-to-month Residual Pool
Alcacor takes 9% of month-to-month company-wide BV and locations it into 5 smaller Month-to-month Residual Swimming pools.
These swimming pools correspond with Regional Builder and better ranks:
- Regional Builders obtain a share in 12% of the Month-to-month Residual Pool
- Nationwide Builders obtain a share in 22% of the Month-to-month Residual Pool
- World Leaders obtain a share in 22% of the Month-to-month Residual Pool
- Royal Leaders obtain a share in 22% of the Month-to-month Residual Pool
- Crown Leaders obtain a share in 22% of the Month-to-month Residual Pool
Becoming a member of Alcacor
Alcacor affiliate membership prices between $88 to $2488:
- Onboard Pack – $88
- Fundamental Pack – $188
- Worth Pack – $988
- Pioneer Pack – $2488
Alcacor solicits funding within the cryptocurrency DAI ($1 = 1 DAI).
Alcacor Conclusion
Crowd1’s unique premise was “proprietor rights digital shares“.
Magnus Larssen has primarily copied that ruse, however with cartoon NFTs.
Through the years Crowd1 transitioned from digital shares to playing, then apps, then dietary supplements, then crypto gaming, then shares in a UK shell firm and eventually, the metaverse.
Someday later this yr Crowd1 plans to launch its personal NFT rip-off…
…so it’s a bit laborious to inform who’s stealing whose concepts at this level.
Or possibly not. That is from a paid spam piece on Ted Nuyten’s BusinessForHome, celebrating Larsson’s Crowd1 fraud;
Together with his ardour for this trade, in addition to for aiding different individuals to grow to be profitable too, it was clear that Magnus could be a pressure to be reckoned with.
His ardour extends to the Metaverse, and it’s on this sphere that he sees Crowd1 take the lead as effectively. From crypto, NFTs and play-to-earn, Magnus sees the Crowd1 enterprise mannequin as being key to its success on this new frontier.
With PLANET IX, the crypto-based on-line recreation (and likewise Magnus’ favorite Crowd1 product), the latest launch of Metaversy (the place members can commerce nearly within the Metaverse) and companion firm Moon Birdie (the easy-to-use crypto training platform), Crowd1 is out in entrance.
That’s from Might 2022, and it’s fairly straightforward to see simply how carefully Larsson has modeled Alcacor on Crowd1’s Ponzi mannequin.
Whereas the ruses would possibly differ, Alcacor is promising associates a passive return on digital shares to varied ventures.
One ruse that doesn’t differ is “Alca World”, Alcacor’s spin on the already useless metaverse grift.
Not surprisingly, the one individuals who really made cash in Crowd1 are Jonas Werner, the manager scammers he labored with and promoters like Magnus Larsson.
Such to the extent new funding was recycled to pay out returns, that dried up fairly fast – lowering Crowd1 to largely a pyramid scheme over the previous few years (they did pay out peanut returns now and again).
Alcacor is extra of the identical, however this time with Larsson and cronies Christine Ye and Reto Moser on prime. ALC supplies them with a handy exit-scam when the time comes.
On the regulatory entrance we’ve bought:
- Dubai, an automated pink flag
- digital shares being offered in made up firms (presumably shell firms included in Dubai)
- no proof offered Alcacor has registered its digital shares securities providing with monetary regulators in jurisdictions it’s soliciting funding in
- no verifiable supply of exterior income past new funding in DAI
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Alcacor of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, nearly all of members lose cash.