CoffeeGems operates within the espresso MLM area of interest. The corporate claims it was based by “two dreamers, Abelardo and Antônia Santos”.
Supposedly the Santos’ are primarily based out of Brazil and have “years of expertise within the espresso manufacturing trade”.
In case you run a seek for both title nonetheless, nothing comes up in relation to espresso outdoors of CoffeeGems.
Seeing because the Santos’ seem on CoffeeGems’ web site in title solely, this places a query mark on whether or not they really exist.
CoffeeGems’ web site area (“coffeegems.com”) was first registered in November 2015.
The non-public area registration was final up to date on October twelfth, 2019.
I used to be in a position to confirm by means of the Wayback Machine that previous to October 2019, CoffeeGems’ area was on the market.
This confirms that the present proprietor(s) took possession of the area in October 2019.
As at all times, if an MLM firm isn’t overtly upfront about who’s working or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
CoffeeGems’ Merchandise
CoffeeGems has no retailable services or products, with associates solely in a position to market CoffeeGems affiliate membership itself.
CoffeeGem’s Compensation Plan
CoffeeGem associates make investments bitcoin on the promise of an marketed weekly return:
- Jamaican Blue – make investments $50 to $99 value of bitcoin and obtain as much as $8 per week
- Kopi Luwak – make investments $100 to $499 value of bitcoin and obtain as much as $40 per week
- Hacienda La Esmeralda – make investments $500 to $999 value of bitcoin and obtain as much as $80 per week
- Finca El Injerto – make investments $1000 to $4999 value of bitcoin and obtain as much as $400 per week
- Black Ivory – make investments $5000 to $20,000 value of bitcoin and obtain as much as $1600 per week
The mathematics involves roughly 8% per week, with returns paid out for 2 years.
Referral Commissions
A 13% direct referral fee is paid on funds invested by personally recruited associates.
Residual Commissions
CoffeeGems pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary workforce, cut up into two sides (left and proper):
The primary stage of the binary workforce homes two positions. The second stage of the binary workforce is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary workforce are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary workforce are stuffed by way of direct and oblique recruitment of associates. Word there isn’t a restrict to how deep a binary workforce can develop.
On the finish of every day CoffeeGems tallies up new funding quantity on either side of the binary workforce.
Associates are paid 10% of funding quantity on their weaker binary workforce facet.
Word that CoffeeGems caps payable binary workforce ranges primarily based on how a lot an affiliate has invested:
- make investments on the Jamaican Blue tier and earn residual commissions down six binary workforce ranges
- make investments on the Kopi Luwak tier and earn residual commissions down eleven binary workforce ranges
- make investments on the Hacienda La Esmeralda tier and earn residual commissions down fifteen binary workforce ranges
- make investments on the Finca El Injerto tier and earn residual commissions down eighteen binary workforce ranges
- make investments on the Black Ivory tier and earn residual commissions down twenty-one unilevel workforce ranges
As soon as paid out on, funds are matched towards the stronger binary workforce facet and flushed.
Any leftover quantity on the stronger binary workforce facet is carried over.
Becoming a member of CoffeeGems
CoffeeGems affiliate membership is free.
Full participation within the connected revenue alternative nonetheless requires a minimal $50 funding.
Conclusion
CoffeeGems is an easy bitcoin Ponzi scheme wrapped in espresso advertising and marketing.
An organization aimed to ship the world’s finest beans to your firm’s espresso manufacturing in order that your clients may take pleasure in premium high quality espresso.
There’s no proof of CoffeeGems having something to do with espresso, outdoors of the advertising and marketing espresso on its web site.
Moreover CoffeeGems’ enterprise mannequin fails the Ponzi logic take a look at.
Began as a small family-based enterprise, Coffeegems took its first step on the twenty third of November 2015.
Coffeegems operates past the border and serves espresso firms across the globe.
Our firm operates in over 60 nations and plans to develop its operations in different nations as there’s a excessive demand for our espresso beans all through the world.
Proper now, Coffeegems provides Espresso beans to greater than 100 espresso manufacturers globally. Presently the variety of firms we’re related to is 220.
First there’s the truth that CoffeeGems didn’t exist till October 2019, when its web site area was bought.
Secondly the espresso trade doesn’t do enterprise in bitcoin, so it is unnecessary for a corporation representing itself as a serious participant within the espresso trade to be soliciting funding in bitcoin.
Lastly if Abelardo and Antônia Santos already had a espresso enterprise able to producing a minimum of 8% per week, what do they want your cash for?
Because it stands the one verifiable income coming into CoffeeGems is new funding.
Utilizing new funding to pay current buyers an 8% weekly ROI makes CoffeeGems a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will new funding.
It will starve CoffeeGems of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of buyers lose cash.