Crypto Professionals doesn’t seem to at the moment have a functioning web site.
“Founding members” are being recruited by personal Google Varieties and YouTube movies.
Crypto Professionals will likely be launching quickly. You’ve got a chance to turn into a Founding Member and be positioned within the 2 x 20 matrix previous to the general public launch by pre buying Crypto Professionals advert packages.
Positioning will likely be by time stamp order with sponsor protacol [sic] maintained.
An electronic mail handle used to coordinate “Founding Member” funds factors to the area “cryptopros.biz”.
The area was privately registered on Might fifth, 2018, and is at the moment not configured to level at an internet site.
Additional analysis reveals Crypto Professionals advertising and marketing movies hosted by Frank Hester (goes by Robert Hester on Fb).
In a November 14th video on his “Coinpressions Official” YouTube channel, Hester (proper) states:
Hey guys, Frank right here. Only a actual fast replace for our Founding Members in Crypto Professionals.
It’s Wednesday November the 14th and we’re getting near the supply date for the script that I ordered for Crypto Professionals.
This all however confirms Hester is the admin behind Crypto Professionals.
Frank Hester resides within the US state of Texas, which can also be presumably the place Crypto Professionals is being operated from.
Previous to Crypto Professionals Hester ran Coinpressions, a matrix-based pyramid scheme.
Alexa visitors estimates for Coinpressions present a gradual decline all through 2018. This coincides with the launch of “Coinpression2” in January.
Coinpressions launched in late 2017 (~September) and seems to have gone into decline and collapsed inside a number of months.
Coinpressions2 went the identical means with Hester laying the inspiration for Crypto Professionals’ launch again in August:
Crypto Professionals will likely be Hester’s third firm launch in simply over a 12 months.
Different MLM firms Hester has promoted all through 2018 embrace MyEcon, Staff Nationwide, Eyeline Buying and selling, Qube Commerce (collapsed crypto Ponzi, rebooted as Trio Dealer), NetQube, 1 On-line Enterprise, 3T Networks, Loopy Advert Income, CryptoTab and Financial savings Freeway.
A lot of the firms above are outright pyramid and/or Ponzi schemes.
Learn on for a full evaluate of the Crypto Professionals MLM alternative.
Crypto Professionals Merchandise
Crypto Professionals has no retailable services or products, with associates solely in a position to market Crypto Professionals affiliate membership itself.
Crypto Professionals associates buy matrix positions.
Bundled with every place buy are advert credit, which can be utilized to show promoting on the Crypto Professionals web site.
The Crypto Professionals Compensation Plan
Crypto Professionals associates buy positions in a 2×20 matrix.
A 2×20 matrix locations an affiliate on the high of a matrix, with two positions immediately beneath them:
These two positions kind the primary stage of the matrix. The second stage of the matrix is generated by splitting these first two positions into one other two positions every (4 positions).
Ranges three to twenty of the matrix are generated in the identical method, with every new stage housing twice as many positions because the earlier stage.
Commissions are paid when positions within the matrix are stuffed.
Positions are stuffed through place purchases by subsequently recruited Crypto Professionals associates.
Quite than buy one place, Crypto Professionals has associates buy positions in bundles:
- 15 positions for $30
- 31 positions for $62
- 63 positions for $126 and
- 127 positions for $254
When bought in bulk, positions are stacked beneath each other, with every place sitting on the high of its personal 2×20 matrix inside the first positions 2×20 matrix (assume new binary positions being positioned inside an current binary group).
This all occurs inside the company-wide 2×20 matrix, permitting associates to earn a number of instances on positions stuffed under their very own.
For every place stuffed in a Crypto Professionals affiliate’s matrix, the corporate pays a 4.5 cent fee.
Observe that 25% of all commissions paid out should be put in the direction of new matrix positions.
Lastly, a 100% Matching Bonus is paid on matrix commissions earned by personally recruited associates.
Becoming a member of Crypto Professionals
Crypto Professionals affiliate membership is tied to the acquisition of matrix positions:
- 15 positions for $30
- 31 positions for $62
- 63 positions for $126 and
- 127 positions for $254
The extra positions an affiliate purchases, the upper their earnings potential through Crypto Professionals’ compensation plan.
Conclusion
Coinpressions, Coinpressions2 and the boatload of scams Frank Hester has promoted, are a great indication of what to anticipate with Crypto Professionals.
The enterprise mannequin is a fundamental pyramid scheme, with all commissions paid out in Crypto Professionals tied to direct or oblique recruitment.
So far as cryptocurrency goes, the one tie in I may see was the point out of “raining bitcoin” in a few of Hester’s advertising and marketing materials.
In an try to keep away from regulatory consideration, most probably funds out and in of Crypto Professionals are going to be dealt with in bitcoin.
As with Coinpressions and Coinpressions2, as affiliate recruitment drops off Crypto Professionals will first stall after which collapse.
As per Hester’s social media posts, he and his Coinpressions followers have preloaded Crypto Professionals to the eyeballs:
And that’s on high of nevertheless many admin positions Hester will create for himself.
When Crypto Professionals is opened to the general public, Naturally Hester and mates will obtain nearly all of funds connected to place purchases.
At any given time nearly all of Crypto Professionals associates won’t have recovered their preliminary spend (mathematically unattainable). Which implies that when Crypto Professionals inevitably fizzles, they lose out.
Replace twenty ninth December 2019 – Crypto Professionals’ compensation plan, as reviewed right here, is old-fashioned.
On December twenty ninth, 2019, BehindMLM printed an up to date Crypto Professionals Evaluate.