Adasa Group offers no data on its web site about who owns or runs the corporate.
Actually as I write this, Adasa Group’s web site is nothing greater than an affiliate login web page:
Adasa Group’s official advertising materials cites “Elizabet” as CEO of the corporate:
No data, not even a final identify, is offered.
Elizabet has appeared in a minimum of one Adasa Group advertising video:
Past that, who she is and what her MLM historical past is, if any, is unclear.
Elizabet speaks Spanish and Adasa Group’s web site defaults to Spanish. Alexa at the moment ranks Mexico (56%), Peru (27%) and Uruguay (10%), as the highest sources of site visitors to Adasa Group’s web site.
Given Spanish is the official language of all three international locations, it ought to be apparent Adasa Group is probably going being run out of Mexico, Peru and/or Uruguay.
Adasa Group’s web site area (“adasagroup.internet”) was privately registered on March twenty first, 2020.
As all the time, if an MLM firm shouldn’t be overtly upfront about who’s working or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
Adasa Group’s Merchandise
Adasa Group has no retailable services or products, with associates solely in a position to market Adasa Group affiliate membership itself.
Adasa Group’s Compensation Plan
Adasa Group associates make investments bitcoin on the promise of a 1% every day ROI.
- Pack 50 – $50 in BTC
- Pack 100 – $100 in BTC
- Pack 200 – $200 in BTC
- Pack 500 – $500 in BTC
- Pack 1000 – $1000 in BTC
- Pack 5000 – $5000 in BTC
- Pack 10,000 – $10,000 in BTC
There doesn’t seem like any time period restrict on Adasa Group’s funding contracts.
Referral Commissions
Referral commissions are paid out through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned immediately beneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel group.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
Adasa Group caps payable unilevel group ranges at 5.
Referral commissions are paid out as a proportion of bitcoin invested throughout these 5 ranges as follows:
- stage 1 (personally recruited associates) – 5%
- stage 2 – 2%
- ranges 3 to five – 1%
Profession Plan
Adasa Group’s compensation plan states:
For each $100,000 billed, we pay you 7%.
This feels like a downline funding bonus nonetheless what standards the $100,000 is measured from is unclear.
Becoming a member of Adasa Group
Adasa Group affiliate membership is free.
Full participation within the connected earnings alternative nonetheless requires a minimal $50 funding in bitcoin.
Conclusion
Adasa Group is your typical MLM crypto Ponzi scheme, concentrating on Spanish-speaking buyers throughout Central and South America.
The corporate represents that it generates exterior income through cryptocurrency buying and selling.
We’re a startup devoted 100% to buying and selling in cryptocurrencies.
From what I’ve been in a position to collect that is the usual “buying and selling bot” ruse.
Adasa Group offers no proof it’s engaged in buying and selling. Extra importantly, there isn’t a proof Adasa Group is utilizing exterior income of any variety to pay ROI withdrawals.
Adasa Group can also be not registered to supply securities in any jurisdiction, which means that at a minimal Adasa Group is committing securities fraud.
Because it stands the one verifiable income getting into Adasa Group is new funding.
Utilizing new funding to pay a every day 1% ROI makes Adasa Group a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Adasa Group of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of members lose cash.