Lively Coin Commerce gives no dependable data on its web site about who owns or runs the corporate.
Offered govt profiles consist of pretend names and stolen photographs:
Lively Coin Commerce’s web site area (“activecointrade.com”) was privately registered on November 14th, 2019.
Regardless of solely just lately launching, Lively Coin Commerce falsely claims it was “based in 2013 in United Kingdom [sic]”.
In an try to seem reliable, Lively Coin Commerce’s web site hyperlinks to the UK incorporation of “Ebico Funding & Commerce Restricted”.
Ebico Funding & Commerce Restricted was integrated in December 2016. The incorporation was dissolved in March 2020.
Presumably the incorporation had nothing to do with Lively Coin Commerce.
And in any case, UK incorporation is filth low cost and successfully unregulated. It’s a favored jurisdiction for scammers seeking to incorporate dodgy firms.
As all the time, if an MLM firm is just not overtly upfront about who’s operating or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
Lively Coin Commerce’s Merchandise
Lively Coin Commerce has no retailable services or products, with associates solely capable of market Lively Coin Commerce affiliate membership itself.
Lively Coin Commerce’s Compensation Plan
Lively Coin Commerce associates make investments funds on the promise of marketed returns.
- Fundamental – make investments $300 or extra and obtain 135% over 7 days
- Commonplace – make investments $500 or extra and obtain 150% over 30 days
- Skilled – make investments $2500 to $7500 and obtain a 3% to 9% every day return “perpetually”
- VIP – make investments $10,000 or extra and obtain a 300% return over 30 days
Lively Coin Commerce pays referral commissions on invested funds down two ranges of recruitment (unilevel):
- 8% on degree 1
- 5% on degree 2
Becoming a member of Lively Coin Commerce
Lively Coin Commerce affiliate membership is free.
Full participation within the connected earnings alternative nevertheless requires a minimal $300 preliminary funding.
Conclusion
Lively Coin Commerce claims it’s “the brokerage arm of mega-bank Cooperative financial institution”.
Naturally the financial institution isn’t named.
With respect to exterior ROI income, Lively Coin Commerce once more claims to be engaged in “on-line buying and selling, funding selections (and) highly effective buying and selling platforms”.
No proof of any of those actions happening is offered. Neither is there any proof of Lively Coin Commerce having any income aside from new funding.
Moreover Lively Coin Commerce’s enterprise mannequin fails the Ponzi logic take a look at.
If Lively Coin Commerce’s nameless homeowners had been capable of generate 15% a day, what do they want your cash for?
Keep in mind, Lively Coin Commerce claims to have been round since 2013. 15% a day compounded for seven years makes Jeff Bezos’ fortune appear to be chump change.
On the finish of the day, utilizing newly invested funds to pay current associates a return makes Lively Coin Commerce a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will new funding.
It will starve Lively Coin Commerce of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of traders lose cash.