Antares Commerce operates within the cryptocurrency MLM area of interest.
The corporate represents it’s based and run by “Alex Richter”:
Richter is an effective candidate for a Boris CEO, that means he’s performed by an actor. That is based on Richter not having a digital footprint till Antares Commerce’s launch a number of months in the past.
Richter additionally seems in a number of Antares Commerce advertising movies, which as per the instance above, give off a typical rented workplace vibe.
A tell-tale signal of this is identical props utilized in movies that includes Richter, regardless of them being shot weeks aside.
Supposedly Antares Commerce relies out of Mexico, nonetheless the corporate supplies a company deal with in Hong Kong on its web site.
A search on Antares Commerce’s Hong Kong deal with reveals it belongs to a lodge.
That is in fact all very suspicious, however sadly par for the course of MLM cryptocurrency corporations.
Antares Commerce’s web site area’s present registration was achieved on December tenth 2018. The registration was final up to date on March twenty seventh, 2020.
A go to to the Wayback Machine confirms that as of December twenty second 2018, the “antares.commerce” area was on the market.
This implies the present house owners bought the area on or round March this yr, then repurposed it to launch Antares from.
This matches up with the primary video uploaded to Antares Commerce’s official YouTube channel on March sixth, 2020.
As all the time, if an MLM firm isn’t overtly upfront about who’s operating or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
Antares Commerce’s Merchandise
Antares Commerce has no retailable services or products, with associates solely in a position to market Antares Commerce affiliate membership itself.
Antares Commerce’s Compensation Plan
Antares Commerce associates spend money on Antares Greenback (AND) tokens, on the promise of a every day return of as much as 2% capped at 200%.
AND is at the moment traded internally at $1 USD.
Referral Commissions
Antares Commerce pays referral commissions on invested funds down three ranges of recruitment (unilevel).
Referral fee charges are decided by how the best Antares Commerce bundle an affiliate has invested in:
- make investments $100 and obtain 3% on degree 1 (personally recruited associates)
- make investments $250 and obtain 3.5% on degree 1
- make investments $500 and obtain 4% on degree 1
- make investments $1000 and obtain 4.5% on degree 1 and 0.5% on degree 2
- make investments $2500 and obtain 5% on degree 1 and 1% on degree 2
- make investments $5000 and obtain 5.5% on degree 1 and 1.5% on degree 2
- make investments $10,000 and obtain 6% on degree 1, 1.5% on degree 2 and 1% on degree 3
- make investments $20,000 and obtain 6.5% on degree 1, 2% on degree 2 and 1% on degree 3
- make investments $35,000 and obtain 7% on degree 1, 2.5% on degree 2 and 1.5% on degree 3
- make investments $50,000 and obtain 7.5% on degree 1, 3% on degree 2 and a couple of% on degree 3
- make investments $75,000 and obtain 8% on degree 1, 3.5% on degree 2 and a couple of.5% on degree 3
- make investments $100,000 and obtain 8.5% on degree 1, 4% on degree 2 and three% on degree 3
Residual Commissions
Antares Commerce pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary group, cut up into two sides (left and proper):
The primary degree of the binary group homes two positions. The second degree of the binary group is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary group are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary group are crammed by way of direct and oblique recruitment of associates. Be aware there isn’t a restrict to how deep a binary group can develop.
Residual commissions are paid as a proportion of funds invested on the weaker binary group aspect.
As with referral commissions, residual fee charges are decided by the best bundle an Antares Commerce affiliate has invested at:
- make investments $100 and obtain a 5% residual fee charge
- make investments $250 and obtain a 5.5% residual fee charge
- make investments $500 and obtain a 6% residual fee charge
- make investments $1000 and obtain a 6.5% residual fee charge
- make investments $2500 and obtain a 7% residual fee charge
- make investments $5000 and obtain a 7.5% residual fee charge
- make investments $10,000 and obtain an 8% residual fee charge
- make investments $20,000 and obtain an 8.5% residual fee charge
- make investments $35,000 and obtain a 9% residual fee charge
- make investments $50,000 and obtain a ten% residual fee charge
- make investments $75,000 and obtain an 11% residual fee charge
- make investments $100,000 and obtain a 12% residual fee charge
ROI Bonus
After 200 days, Antares Commerce associates are paid a bonus proportion on funds invested:
- make investments $100 and obtain a 0.02% bonus
- make investments $250 and obtain a 0.04% bonus
- make investments $500 and obtain a 0.06% bonus
- make investments $1000 and obtain a 0.08% bonus
- make investments $2500 and obtain a 0.1% bonus
- make investments $5000 and obtain a 0.12% bonus
- make investments $10,000 and obtain a 0.14% bonus
- make investments $20,000 and obtain a 0.16% bonus
- make investments $35,000 and obtain a 0.18% bonus
- make investments $50,000 and obtain a 0.2% bonus
- make investments $75,000 and obtain a 0.22% bonus
- make investments $100,000 and obtain a 0.25% bonus
Becoming a member of Antares Commerce
Antares Commerce affiliate membership is tied to a $100 to $100,000 preliminary funding in AND tokens.
- make investments $100 and obtain 100 AND
- make investments $250 and obtain 250 AND
- make investments $500 and obtain 500 AND
- make investments $1000 and obtain 1000 AND
- make investments $2500 and obtain 2500 AND
- make investments $5000 and obtain 5000 AND
- make investments $10,000 and obtain 10,000 AND
- make investments $20,000 and obtain 20,000 AND
- make investments $35,000 and obtain 35,000 AND
- make investments $50,000 and obtain 50,000 AND
- make investments $75,000 and obtain 75,000 AND
- make investments $100,000 and obtain 100,000 AND
The extra an affiliate invests, the upper their revenue potential by way of Antares Commerce’s compensation plan.
Conclusion
Antares Commerce is your typical MLM Ponzi factors scheme.
The corporate solicits funding of precise cash at as much as $100,000 a pop, in change for AND tokens.
AND tokens are nugatory outdoors of Antares Commerce. The corporate generates them on demand at little to no value.
As soon as they hand over actual cash, Antares Commerce associates are on the mercy of the corporate to pay withdrawals by way of its CoinCap app change.
It will occur so long as new funding rolls in. As soon as withdrawals inevitably exceed funding nonetheless, Antares Commerce will probably be on its option to collapse.
On the regulatory aspect of issues, Antares Commerce isn’t registered to supply securities in any jurisdiction. The corporate has no retailable merchandise and thus additionally operates as a pyramid scheme.
Because it stands the one verifiable income getting into Antares Commerce is new funding. Utilizing new funding to pay associates a every day return of as much as 2% a day makes Antares Commerce a Ponzi scheme.
At current Antares Commerce has its major funding scheme. They’ve additionally managed to show a Automobile Bonus into an funding scheme, as long as buyers are keen to place up 30% of the automotive’s worth.
In the event you discover anybody gullible to purchase in, you’ll additionally obtain a single-level 2% referral fee. This isn’t MLM so I didn’t embody it within the compensation plan.
As soon as these two funding automobiles dry up, Antares Commerce has promised to launch new ruses to additional milk their buyers.
Each 1-2 months, new funding packages will probably be launched on the Antares platform on the rules of distinction and profitability.
Every subsequent program will differ from the earlier one not solely in affiliate marketing online phrases, but in addition in profitability for the investor of the corporate.
Every subsequent program is stronger than the earlier one.
In the event that they eventuate, these launches are in impact mini reboots.
The issue is irrespective of what number of instances you reboot a Ponzi scheme, it’s nonetheless a zero sum equation.
As soon as new funding dries up, kaboom. Antares Commerce can solely pay out what’s invested.
The mathematics behind MLM Ponzi schemes ensures that after they collapse, the vast majority of individuals lose cash.
Replace 14th August 2021 – Antares Commerce has collapsed.
CEO Alex Richter has additionally been outed as Russian scammer Alexander Zhirovkin.
Replace seventeenth August 2021 – Aleksey Zhirovkin has rebooted Antares Commerce as Alcor Commerce.
Replace fifteenth February 2022 – Aleksey Zhirovkin has introduced he’s rebooting Antares Commerce.