Crypto Societi at current doesn’t have an internet site. Something on-line to do with the corporate was lately pulled offline.
On the time of publication Crypto Societi’s web site area is parked, however that doesn’t imply there’s no data on the market.
What I wasn’t in a position to set up is who’s behind Crypto Societi. I’ve obtained intel that BitClub Community co-founder CEO Russ Medlin is related, however wasn’t in a position to independently confirm.
If true although, Crypto Societi is DOA.
Medlin (proper) is believed to be needed needed by US authorities for his function in operating BitClub Community, a $722 million greenback Ponzi scheme.
Which may clarify why Crypto Societi’s as soon as functioning web site was abruptly pulled.
In any occasion, right here’s what we all know to date.
When Crypto Societi’s web site was practical, a January fifth 2020 launch date was touted. This now seems to have been pushed again to January twentieth.
Primarily based on copy on Crypto Societi’s web site, the scheme intends to make use of cryptocurrency to supply entry to “lotto jackpots, raffles, and plenty of enjoyable contests”.
Principally an unlawful crypto on line casino. Oh and there’s the standard claims of buying and selling too.
Fairly than use a longtime cryptocurrency, Crypto Societi intends to launch “Societi Token”.
Societi Token can be flogged as a “secure coin” for 1 EUR a flop. It’s mainly a digital forex that solely exists inside Crypto Societi.
This platform would be the spine we use to run all trivia video games, lotteries, and future contests and it’ll embrace our personal blockchain and a brand new crypto forex referred to as Societi Token.
With respect to the compensation plan, commissions are paid on Crypto Societi funding.
I don’t have specifics however an MLM model compensation plan was detailed on Crypto Societi’s web site earlier than it was pulled.
We now have put collectively a really innovative compensation construction that features a Unilevel entrance finish with a Binary and Matching Bonus construction on the backend.
We even have many different Bonuses with a Rank development system that can enable you earn shortly and offer you deep payouts as you climb the ranks.
During the last twenty-four hours two promotional movies have been uploaded to a YouTube channel bearing the title “Crypto Societi World Leaders”.
The outline of those movies is the place the up to date January twentieth launch date comes from.
Apologies concerning the caps upfront, some knuckledragger in Crypto Societi hasn’t but found out learn how to use the caps key (daring emphasis is mine).
PRE LAUNCHING – CRYPTO SOCIETI – JANUARY 20 – 2020
* HAVE YOUR OWN MINI MALL WITH DISCOUNTS – GAMES- ADVERTISING – TRADING- DEBIT CARDS THAT PAY YOU EVERY TIME YOU USE THEM!
* A SIZZLING HOT NEW WALLET – WITH VERY WELL ESTABLISHED COMPANIES WORLDWIDE – WHAT’S IN THIS WALLET?
YOUR OWN PRIVATE SHOPPING MALL – WHICH PAYS YOU BACK % TO USE IN MANY DIFFERENT WAYS!
YOU CAN ENROLL YOUR OWN COMPANY – ENROLL YOUR EMPLOYEE’S – EVERYONE IS WELCOME TO JOIN AND PARTICIPATE IN THIS REVOLUTIONARY NEW BLOCKCHAIN TECHNOLOGY – AND IF YOUR A BUSINESS YOU WILL LOVE THIS – (NO CHARGE BACKS EVER)
DON’T BE RIPPED OFF EVER AGAIN!
YOU DON’T EVEN HAVE TO KNOW ABOUT BLOCKCHAIN- IF YOU HAVE HEARD ABOUT DEBIT CARDS AND USE THEM YOU ARE ALREADY HOME!
There’s a supplied Zoom webinar hyperlink however there’s no playback, it solely performs at a sure time.
Featured prominently within the two movies Crypto Societi World Leaders have uploaded is Salus Alpha Direct.
Salus Alpha Direct is supposedly headed up by CEO Oliver Prock.
Crypto Societi World Leaders cite Salus Alpha Direct as having been based in 2002 and proudly owning “distinctive buying and selling software program”.
Supposedly Salus Alpha Direct has been “efficiently buying and selling” bitcoin since 2017.
the deal, hand over cash to Crypto Societi and you can also have entry to omgwtfballz returns.
In line with one description of the corporate I got here throughout (ICO Ranking), Salus Alpah Direct generated a 400% ROI within the first yr it started buying and selling bitcoin.
Salus Alpha Direct has its personal web site and its remained unchanged for quite a lot of years. I don’t know if it dates again to 2002, however 2017 is actually believable.
A contact deal with in Liechtenstein is supplied, though Salus Alpha Direct’s web site area was registered by way of an Austrian deal with.
Brock states in a single video that he’s from Austria so, at the least on the floor, the Lichtenstein deal with seems to be that of a shell firm.
Observe that I couldn’t discover something linking Salus Alpha Direct or Oliver Brock to Crypto Societi, outdoors of Crypto Societi World Leaders’ two advertising and marketing movies.
In any occasion Crypto Societi is shaping as much as be one other fraudulent entry into the MLM crypto area of interest.
Is Crypto Societi registered to supply securities or lottery video games anyplace? Not an opportunity.
And that makes your entire providing unlawful earlier than it’s even launched.
Not withstanding Russ Medlin’s going to have a hell of a time getting Crypto Societi off the bottom.
For now although, whoever is behind Crypto Societi would fairly you not know who they’re.
As above, for now promotion of Crypto Societi seems localized inside Africa and presumably Malaysia.
BitClub Community season two? Keep tuned…