Devide supplies no info on their web site about who owns or runs the enterprise.
The Devide web site area (“devide.com”) was first registered in 2011.
The area registration was final up to date in Might, 2018. That is most likely across the time the present house owners took possession of it.
Additional analysis into Devide reveals a since-deleted “Phrase From Devide CEO”, dated June tenth.
The e-mail itself is simply advertising spam however is signed off on by “Anja Al-Akabi” as “CEO Devide”.
On her LinkedIn profile, Al-Akabi cites her location as Andalusia, Spain.
Altogether Devide appears to be primarily marketed in and focusing on Europe.
That is supported by the next paragraph from Al-Akabi’s CEO e mail;
In case you haven’t heard, we now have two occasions arising the place we present you “Devide the Film”; one in Oslo on the sixteenth of June and one in Gothenburg on the seventeenth of June.
No matter you do, don’t miss the possibility of assembly a few of our high Model Ambassadors in these two cities.
Additionally it is supported by Devide’s use of euro in its compensation plan.
Devide does present a company tackle in Malta for “Vindorale LTD” on their web site.
The tackle supplied truly belongs to Walter Rizzo & Associates, who on their web site present a Maltese Holding Firm service.
Thus is seems Vindorale LTD is only a shell firm, and Devide has no precise bodily enterprise operations in Malta.
Based on Al-Akabi’s social media profiles, previous to Devide she was working as CEO of Loft & Roomers, a furnishings retailer in Spain.
Probably attributable to language-barriers, I used to be unable to place collectively or confirm Al-Akabi’s MLM historical past.
Learn on for a full assessment of the Devide MLM alternative.
Devide Merchandise
Devide has no retailable services or products, with associates solely in a position to market Devide affiliate membership itself.
Devide affiliate membership is bundled with
- a pair of “unique sun shades”;
- an “unique wristwatch; and
- a “free present”
The Devide Compensation Plan
Devide associates spend money on €1199 EUR “model field” positions”.
Every model field positions comes with a set of revenue factors, that are marketed as having potential future worth.
Along with buying revenue factors by way of model field place funding, Devide associates may instantly spend money on them.
30% of all commissions paid out should even be reinvested again into Revenue Factors.
Revenue factors exist solely inside Devide and maintain no worth exterior of the corporate itself.
To comprehend a ROI on revenue level funding, Devide associates can alternate revenue factors for actual cash by way of an inside alternate.
Devide declare their inside alternate is funded by 50% of company-wide funding quantity.
Word that Devide don’t publish the present inside worth of revenue factors.
On the MLM aspect of issues, Devide associates are paid on the direct and oblique recruitment of latest affiliate buyers.
Recruitment Commissions
Devide rewards associates with a €50 EUR fee on the primary three associates recruited.
From the fourth, €100 EUR is paid per recruit.
If a Devide affiliate recruits three associates inside their first month, additionally they qualify for a €1200 EUR voucher.
Residual Recruitment Commissions
Devide pays residual recruitment commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary staff, cut up into two sides (left and proper):
The primary degree of the binary staff homes two positions. The second degree of the binary staff is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary staff are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary staff are stuffed by way of direct and oblique recruitment of associates. Word there isn’t a restrict to how deep a binary staff can develop.
Residual recruitment commissions are calculated off of name field funding.
Funding in a model field by a Devide affiliate generates 500 factors on whichever aspect of the binary staff that affiliate was positioned.
On the finish of every week Devide tallies up new factors on either side of the binary staff.
Associates are paid €0.1 EUR per level of matched quantity.
To qualify for residual recruitment commissions, a Devide affiliate should recruit at the very least two associates (one positioned on both aspect of the binary staff).
If the affiliate recruits two associates on either side of the binary staff, their residual recruitment fee fee is doubled (€0.2 EUR paid out per matched level).
Leftover quantity on the stronger binary aspect is carried over however solely retained for as much as six months.
Word that residual recruitment commissions are capped per affiliate at €75,000 EUR per week.
Matching Bonus
Devide pay a Matching Bonus on residual commissions earned by personally recruited associates (degree 1) and associates they recruit (degree 2).
- recruit and keep 4 associates and obtain a ten% matching bonus
- recruit and keep eight associates and obtain a 20% matching bonus
- recruit and keep twelve associates and obtain a 20 matching bonus and 10% on degree 2 associates
Lifetime Bonus
Upon producing 2,000,000 factors or extra in gathered quantity throughout the binary staff in a yr (Jan-Dec), a Devide affiliate qualifies for the Lifetime Bonus.
The Lifetime Bonus is made up of 10% of Devide’s company-wide funding quantity.
- associates with 2,000,000 binary staff factors obtain one share of the Lifetime Bonus
- associates with 4,000,000 binary staff factors obtain two shares of the Lifetime Bonus
- associates with 8,000,000 binary factors obtain three shares of the Lifetime Bonus
Reward Program
Devide rewards associates with revenue factors and Lifetime Bonus shares, based mostly on the next rank-based qualification standards:
- generate 10,000 factors in binary staff quantity and obtain €100 EUR value of revenue factors
- generate 20,000 factors in binary staff quantity and obtain €200 EUR value of revenue factors
- generate 50,000 factors in binary staff quantity and obtain €400 EUR value of revenue factors
- generate 100,000 factors in binary staff quantity and obtain €800 EUR value of revenue factors
- generate 250,000 factors in binary staff quantity and obtain €1500 EUR value of revenue factors
- generate 500,000 factors in binary staff quantity and obtain €3000 EUR value of revenue factors
- generate 1,000,000 factors in binary staff quantity and obtain €6000 EUR value of revenue factors
- generate 2,000,000 factors in binary staff quantity and obtain one extra Lifetime Bonus share
- generate 4,000,000 factors in binary staff quantity and obtain two extra Lifetime Bonus shares
- generate 8,000,000 factors in binary staff quantity and obtain three extra Lifetime Bonus shares
- generate 16,000,000 factors in binary staff quantity and obtain 4 extra Lifetime Bonus shares
- generate 32,000,000 factors in binary staff quantity and obtain 5 extra Lifetime Bonus shares
Word that at the very least 50% of required factors have to be generated inside a single month, the remaining is gathered level quantity.
Becoming a member of Devide
Devide affiliate membership prices €1199 EUR.
Further funding in revenue factors is an choice past an preliminary affiliate place.
Conclusion
Devide cloaks a typical Ponzi factors enterprise mannequin behind social media “influencer” tradition.
We expect it’s unfair that solely folks with broad networks, numerous followers on social media and large bloggers at all times get the alternatives to get life-style merchandise totally free or with a heavy low cost simply to advertise the merchandise of their channels.
Irrespective of the scale of community or the variety of followers on social media we predict that it’s best to have the identical alternative.
Contemplating Devide associates spend money on revenue factors and receives a commission to recruit others who do the identical, the advertising pitch makes little sense.
Any services or products connected to Devide’s main funding car are incidental.
Devide’s revenue factors are simply renamed Ponzi factors. Associates spend money on them and money out by way of an inside alternate, which is funded by subsequent funding.
There’s some malarkey about promoting Saint Roches sun shades and Haugher watches to prospects, nonetheless you may go to the Devide web site and confirm your self this doesn’t exist.
Because it stands Devide is working as a Ponzi scheme, and has carried out so because it surfaced roughly three months in the past.
Along with stealing from those that make investments after you by way of the alternate, the one different approach to recoup Devide losses is thru recruitment.
This makes Devide a hybrid Ponzi pyramid scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will new funding.
It will see the interior worth of revenue factors plummet, coinciding with a collapse.
On the backend actual cash is handed over to Anja Al-Akabi and different Devide executives, in alternate for nugatory Ponzi factors.
No matter what occurs to the interior worth of revenue factors, Al-Akabi and the remainder of Devide maintain what they don’t pay out by way of the alternate.
Apart from a couple of early adopters, the mathematics behind a Ponzi scheme ensures nearly all of Devide associates will lose cash.