United Energy Up fails to supply possession or govt data on its web site.
United Energy Up’s web site area (“unitedpowerup.com”), was privately registered on June 14th, 2022.
Additional analysis reveals associates citing Sverker Caron as United Energy Up’s CEO:
Up till early 2022, Sverker Caron was Head of Product Growth for the Crowd1 Ponzi scheme.
Caron was a daily Crowd1 promoter till he was promoted to Miggster.
They wanted a challenge chief for Miggster, so I began with Miggster instantly.
However as I’ve a Crowd1 background, I’ve been at nearly each occasion that we’ve had, the Philippines, in South Africa, and now in Dubai.
I do two shifts, I work with Miggster however I’m additionally out assembly the leaders and telling them about Crowd1.
Miggster was a part of Crowd1’s ongoing makes an attempt to legitimize funding fraud with connected services and products.
Initially pitched as a cell gaming platform, when that ruse ran dry Planet IX was launched.
Like all the opposite Ponzi ruses it got here up with, no person in Crowd1 was serious about PlanetIX. The ruse fell aside in March 2022 by way of a staged unload.
Crowd1 has all however collapsed amid ongoing withdrawal delays. The scammers that had been tied to its gaming ruses, like Sverker Caron, have gone on to launch their very own scams.
Star Horizon is one BehindMLM not too long ago reviewed, headed up Emerge Gaming CEO Gregory Stevens. United Energy Up seems to be one other one.
On the company aspect of issues, United Energy Up is included as Soniqeflow OÜ in Estonia. Past shell incorporation, United Energy Up doesn’t seem to have any ties to Estonia.
Sverker Caron’s social media profiles cite him as a Swedish nationwide residing in Spain.
Previous to Crowd1, Caron promoted the World Video games Inc, Enwire/Spinglo pyramid scheme, and Wenyard and Nasgo Ponzi schemes.
Learn on for a full overview of United Energy Up’s MLM alternative.
United Energy Up’s Merchandise
United Energy Up has no retailable services or products.
Associates are solely capable of market United Energy Up affiliate membership itself.
United Energy Up’s Compensation Plan
United Energy Up associates make investments euros or bitcoin (BTC) equivalents into UP tokens.
- Small – make investments €49 EUR and obtain €55 EUR value of UP tokens
- Medium – make investments €99 EUR and obtain €120 EUR value of UP tokens
- Giant – make investments €499 EUR and obtain €650 EUR value of UP tokens
- X-Giant – make investments €999 and obtain €1400 EUR value of UP tokens
The MLM aspect of United Energy Up is run by way of a convoluted fee system, paying out each in UP tokens and bitcoin.
United Energy Up Affiliate Ranks
There are 5 affiliate ranks inside United Energy Up’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – enroll as a United Energy Up affiliate and make investments
- One Star – generate €10,000 EUR in downline funding quantity, break up €5000 on each side of the binary crew
- Two Star – generate €15,000 EUR in downline funding quantity, break up €7500 on each side of the binary crew
- Three Star – generate €25,000 EUR in downline funding quantity, break up €12,500 on each side of the binary crew
- 4 Star – generate €50,000 EUR in downline funding quantity, break up €25,000 on each side of the binary crew
- Starter – generate €250,000 EUR in downline funding quantity, break up €125,000 on each side of the binary crew
- Influencer – generate €500,000 EUR in downline funding quantity, break up €250,000 on each side of the binary crew
- Bronze – generate €750,000 EUR in downline funding quantity, break up €375,000 on each side of the binary crew
- Silver – generate €1,000,000 EUR in downline funding quantity, break up €500,000 on each side of the binary crew
- Gold – generate €2,500,000 EUR in downline funding quantity, break up €1,250,000 on each side of the binary crew
- Platinum – generate €5,000,000 EUR in downline funding quantity, break up €2,500,000 on each side of the binary crew
- Diamond – generate €10,000,000 EUR in downline funding quantity, break up €5,000,000 on each side of the binary crew
- Double Diamond – generate €15,000,000 EUR in downline funding quantity, break up €7,500,000 on each side of the binary crew
- Triple Diamond – generate €25,000,000 EUR in downline funding quantity, break up €12,500,000 on each side of the binary crew
- Crown Diamond – generate €50,000,000 EUR in downline funding quantity, break up €25,000,000 on each side of the binary crew
Recruitment Commissions
United Energy Up pays recruitment commissions by way of a modified binary compensation construction.
An everyday binary crew begins with two positions on the primary degree:
United Energy Up successfully removes this primary degree and begins from the second degree (within the picture above, that is the extent with 4 positions).
Past that the construction is identical and capabilities like a daily binary crew, break up into two sides.
Right here’s an illustration of United Energy Up’s binary crew from their advertising presentation:
The left aspect of the binary crew pays out in UP tokens. The suitable aspect pays out in bitcoin.
Recruitment fee charges begin at 25% of euros invested, capped at no matter tier the recruiting affiliate has invested at.
- Small tier associates earn €12.25 EUR per affiliate recruited into their binary crew
- Medium tier associates earn €12.25 EUR per Small tier affiliate and €24.75 per Medium and better tier affiliate recruited into their binary crew
- Giant tier associates earn €12.25 EUR per Small tier affiliate, €24.75 per Medium and €124.75 per Giant and X-Giant tier affiliate recruited into their binary crew
- X-Giant tier associates earn €12.25 EUR per Small tier affiliate, €24.75 per Medium, €124.75 per Giant and €249.75 per X-Giant tier affiliate recruited into their binary crew
By way of affiliate ranks, United Energy Up associates earn elevated recruitment fee charges as follows:
- One Stars earn a 26% recruitment fee charge
- Two Stars earn a 27% recruitment fee charge
- Three Stars earn a 28% recruitment fee charge
- 4 Stars earn a 29% recruitment fee charge
- Starters earn a 30% recruitment fee charge
- Influencers earn a 35% recruitment fee charge
- Bronzes earn a 40% recruitment fee charge
- Silvers earn a forty five% recruitment fee charge
- Golds earn a 50% recruitment fee charge
- Platinums earn a 55% recruitment fee charge
- Diamonds earn a 60% recruitment fee charge
- Double Diamonds earn a 65% recruitment fee charge
- Triple Diamonds earn a 70% recruitment fee charge
- Crown Diamonds earn a 75% recruitment fee charge
Quick Begin Bonus
United Energy Up associates who recruit 4 or extra associates inside their first thirty days qualify for the Quick Begin Bonus.
The Quick Begin Bonus pays double commissions on each personally recruited affiliate inside an affiliate’s first thirty days (this contains the primary 4 recruited associates for qualification).
Rank Achievement Bonus
United Energy Up rewards associates for qualifying at Starter and better with “Premium Tokens”.
- qualify at Starter and have earned €71,500 EUR in recruitment commissions = €12,500 EUR value of Premium Tokens
- qualify at Influencer and have earned €146,500 EUR in recruitment commissions = €25,000 EUR value of Premium Tokens
- qualify at Bronze and have earned €234,000 EUR in recruitment commissions = €37,500 EUR value of Premium Tokens
- qualify at Silver and have earned €334,000 EUR in recruitment commissions = €50,000 EUR value of Premium Tokens
- qualify at Gold and have earned €1,000,000 EUR in recruitment commissions = €125,000 EUR value of Premium Tokens
- qualify at Platinum and have earned €2,250,000 EUR in recruitment commissions = €250,000 EUR value of Premium Tokens
- qualify at Diamond and have earned €5,000,000 EUR in recruitment commissions = €500,000 EUR value of Premium Tokens
- qualify at Double Diamond and have earned €8,000,000 EUR in recruitment commissions = €750,000 EUR value of Premium Tokens
- qualify at Triple Diamond and have earned €14,500,000 EUR in recruitment commissions = €1,250,000 EUR value of Premium Tokens
- qualify at Crown Diamond and have earned €32,000,000 EUR in recruitment commissions = €2,500,000 EUR value of Premium Tokens
Notice that earned commissions have to be break up equally throughout each side of the binary crew.
E.g. Gold qualification requires €1,000,000 EUR in recruitment commissions, that is calculated as €500,000 EUR from each side of the binary crew.
United Energy Up’s advertising presentation states “Premium UP tokens can solely be used within the UP retailer”. No additional data is supplied.
Becoming a member of United Energy Up
United Energy Up affiliate membership prices between €49 and €999 EUR.
- Small – €49 EUR
- Medium – €99 EUR
- Giant – €499 EUR
- X-Giant – €999 EUR
The extra a United Energy Up affiliate spends the upper their earnings potential.
United Energy Up Conclusion
Given Sverker Caron was a part of Crowd1’s gaming Ponzi ruse, it’s not shocking the identical ruse is being recycled for United Energy Up.
That mentioned, United Energy Up seems to have adopted Crowd1’s “ruse of the day” Ponzi method.
United Energy is the proper mixture of influencer advertising, crowd funding and startups.
By becoming a member of United Energy you get entry to the most effective startups and you’ll be a part of a effectively established micro influencer group.
Like Crowd1, this depends on fixed hype of what’s coming subsequent. Over time buyers smart up (moreso when withdrawals cease), and the entire thing falls aside.
Past United Energy Up’s Ponzi ruse you might have the Ponzi itself. Enroll and make investments, hope quantity goes up and withdraw subsequently invested funds.
That United Energy Up hasn’t disclosed and technical particulars of their UP and Premium UP tokens is further pause for concern.
Usually Ponzi tokens and cash are X-20 affairs, arrange in a couple of minutes at little to no value. United Energy Up hasn’t even confirmed that a lot, leaving UP and Premium Up tokens in Ponzi factors territory (a step down from shit tokens and shitcoins).
United Energy Up’s MLM alternative constitutes a pyramid scheme, by the use of nothing being marketed or offered to retail clients.
On the regulatory entrance, whereas Estonia has tried to cleanup its picture as a haven for crypto scams, it’s nonetheless too simple to arrange shell corporations there.
Spain’s has an lively securities regulator, the CNMV, however United Energy Up would possible should develop earlier than showing on their radar.
SimilarWeb presently tracks negligible visitors to United Energy Up’s web site.
As with all Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve United Energy Up of ROI income, finally prompting a collapse.
The maths behind MLM Ponzi schemes ensures that once they collapse, nearly all of individuals lose cash.