AuLives gives no details about who owns or runs the corporate on its web site.
The AuLives web site area (“aulives.com”) was privately registered on Could twenty ninth, 2018.
An handle in Dubai is supplied on the AuLives web site. A number of companies function out of the identical handle nevertheless, suggesting the handle really belongs to a digital workplace supplier.
AuLives has an official company YouTube channel, on which there are a number of advertising and marketing movies.
These movies reveal the co-founders of AuLives to be Parwiz Daud and Mansour Tawafi.
Up till very just lately, Daud and Tawafi have been outstanding promoters of the OneCoin Ponzi scheme.
On December 4th, 2017, Ted Nuyten’s Enterprise For House celebrated Daud and Tawafi stealing roughly $400,000 a month from OneCoin victims.
OneCoin’s ROI funds collapsed in early 2017 however the firm continued to pay pyramid commissions on recruitment.
With the corporate now not honoring ROI withdrawal requests nevertheless, OneCoin affiliate recruitment additionally collapsed.
With their OneCoin earnings probably plummeting, now it appears Daud and Tawafi wish to run their very own MLM cryptocurrency firm.
Replace twenty eighth August 2018 – Testomony to their lack of MLM government expertise, in a YouTube video dated August twenty fifth, Daud and Tawafi revealed Frank Ricketts as CEO of AuLives.
Rickett’s MLM declare to fame is Unaico and SiteTalk, a mix of funding and pyramid fraud. When these scams collapsed, Ricketts rebooted the enterprise as as The Alternative Community.
In early 2016 Ricketts bought off The Alternative Community’s checklist of traders to OneCoin.
Along with an undisclosed sum of cash, Ricketts was additionally gifted a OneCoin Black Diamond funding place.
Behind the scenes Ricketts is believed to have been instrumental in establishing OneCoin’s shell firm cash laundering community.
Publicly Ricketts tended solely to make appearances when OneCoin teetered on collapse.
With none pomp or ceremony, someday during the last eight months Ricketts quietly left OneCoin. /finish replace
Daud and Tawafi reside within the UK, the place they primarily promoted OneCoin to the native Muslim neighborhood.
It stands to purpose that versus Dubai, the UK is the place AuLives is definitely being operated from.
Why none of that is disclosed on the AuLives web site is unclear.
Learn on for a full evaluation of the AuLives MLM alternative.
AuLives Merchandise
AuLives has no retailable services or products, with associates solely in a position to market AuLives affiliate membership itself.
The AuLives Compensation Plan
AuLives associates make investments euro and obtain “promotional tokens”.
- Newbie – make investments €100 EUR and obtain 50 tokens
- Entry – make investments €500 EUR and obtain 250 tokens
- Intermediate – make investments €1000 EUR and obtain 510 tokens
- Superior – make investments €5000 EUR and obtain 2625 tokens
- Skilled – make investments €15,000 EUR and obtain 8025 tokens
- Unique – make investments €50,000 EUR and obtain 27,500 tokens
As soon as acquired, AuLives associates convert invested tokens into Secured Gold Coin (SGC).
SGC is marketed as a viable cryptocurrency altcoin, however in actuality are simply pre-generated factors that don’t exist outdoors of AuLives.
Recruitment Commissions
AuLives associates are paid 10% of funds invested by personally recruited associates.
Residual Commissions
AuLives pay residual commissions through 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 stage of the binary group homes two positions. The second stage 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 stage housing twice as many positions because the earlier stage.
Positions within the binary group are crammed through direct and oblique recruitment of associates. Word there isn’t any restrict to how deep a binary group can develop.
On the finish of every week AuLives tallies up new funding quantity on each side of the binary group.
Associates obtain a flat 10% of recent funding quantity generated on the weaker facet of their binary group.
Paid quantity is flushed from each side of the binary group, with leftover quantity on the stronger facet carried over the next week.
Matching Bonus
AuLives pay a Matching Bonus 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 straight underneath 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.
The Matching Bonus is paid out on residual commissions earned by unilevel group members.
AuLives cap the Matching Bonus at 4 unilevel group ranges as follows:
- stage 1 (personally recruited associates) – 10% match
- stage 2 – 10% match
- stage 3 – 20% match
- stage 4 – 25% match
Management Rewards
- Coach (generate 7000 GV (minimal 1650 GV in your weaker binary group facet) and recruit two investing associates) – a pin
- Govt (generate 40,000 GV (minimal 10,000 GV in your weaker binary group facet) and recruit and keep no less than two Trainers (one on both facet of the binary group)) – €600 EUR
- Group Chief (generate 80,000 GV (minimal 40,000 GV in your weaker binary group facet) and recruit and keep no less than three Executives (no less than one on the weaker facet of the binary group)) – €800 EUR
- Regional Director (generate 200,000 GV (minimal 80,000 GV in your weaker binary group facet) and recruit and keep no less than three Group Leaders (no less than one on the weaker facet of the binary group)) – €2500 EUR
- Chairman (generate 500,000 GV (minimal 200,000 GV in your weaker binary group facet) and recruit and keep no less than 4 Regional Administrators (two on both facet of the binary group)) – Rolex watch
- Vice President (generate 1,500,000 GV (minimal 500,000 GV in your weaker binary group facet) and recruit and keep no less than 5 Chairmen (no less than two on the weaker facet of the binary group)) – €15,000 EUR
- President (generate 8,000,000 GV (minimal 1,500,000 GV in your weaker binary group facet) and recruit and keep no less than six Vice Presidents (three on both facet of the binary group)) – €60,000 EUR
Becoming a member of AuLives
AuLives affiliate membership is €35 EUR plus a €100 to €50,000 EUR funding.
Conclusion
Why accept $400,000 a month in recruitment commissions when, like OneCoin’s Ruja Ignatova, you possibly can dupe tens of tens of millions out of gullible traders?
Following within the footsteps of Nils Grossberg’s DagCoin, Parwiz Daud and Mansour Tawafi have launched their very own OneCoin spinoff.
Each corporations bundle “training packages” with affiliate funding, nevertheless it’s the promise of riches that lures traders in.
Whereas DagCoin’s advertising and marketing hook is their nugatory factors not having to be mined, AuLives declare their nugatory factors are backed by gold.
In response to AuLives advertising and marketing materials, AuLives take 60% of invested funds and purchases gold with it.
This gold supposedly backs up the worth of SGC factors
Naturally the corporate gives no proof of gold being bought or saved.
Moreover, AuLives advertising and marketing materials goes on to state the invested “gold worth” can be utilized as a line of credit score with MasterCard.
First issues first, MasterCard aren’t working gold-backed bank cards.
Second of all if invested gold is ready to spent by AuLives associates, what’s propping up the inner worth of SGC?
I imply presumably AuLives associates are going to have the ability to money out their SGC factors by means of an inner alternate, proper?
Gold can’t be concurrently in a position to be spent by associates and backing up SGC on the identical time.
And if AuLives drop the “we’ve invested in gold charade” and simply peg an inner worth per SGC level invested in and supply it on a debit card, what’s the level of SGC then?
Associates received’t have the ability to do something with it, apart from have a look at made-up SGC balances of their again workplace.
And so we come to the crux of AuLives’ enterprise mannequin.
Like OneCoin and DagCoin, AuLives combines pyramid recruitment with recycled invested funds.
Be it gold, imagined or in any other case, no matter AuLives associates handle to withdraw is sourced from subsequent funding.
The entire thing falls aside as soon as recruitment dies down, as a result of it doesn’t matter what the inner SGC worth is, if there’s no new cash to withdraw AuLives can’t pay something out.
That is exactly what occurred with OneCoin, has but to occur with DagCoin and can ultimately occur with AuLives.
As Nils Grossberg is discovering out with DagCoin, reload scams are hardly ever as profitable as their predecessors.
DagCoin’s web site Alexa rating is tanking and with EU tapped out, displaying no indicators of a reversal anytime quickly.
This late into the sport, AuLives goes to have a fair steeper hill to climb.
And even giving them an opportunity is beneficiant.
The one cryptocurrency expertise Parwiz Daud and Mansour Tawafi have, is recruiting individuals right into a Ponzi scheme and profiting handsomely from it.
There’s an enormous bounce between Ponzi promotion and really working one.
After AuLives has milked what’s left of OneCoin’s English Muslim neighborhood once more, what then?