EazyBot gives no info on its web site about who owns or runs the corporate.
In reality as I write this, EazyBot’s web site is nothing greater than an affiliate login kind:
EazyBot’s web site area (“eazybot.com”), was first registered in 2018. The personal registration was final up to date with an incomplete Dubai, UAE handle, on December twenty third, 2021.
Dubai is the MLM rip-off capital of the world.
Additional analysis reveals Mohamed Omer Ali crediting himself as founder and CEO of EazyBot:
Previous to reinventing himself as a crypto bro, Ali claims he was “working within the elevators and escalators new set up trade”.
I wasn’t in a position to set up whether or not Ali has an MLM historical past.
Alexa at the moment ranks the US as the one important supply of site visitors to EazyBot’s web site (39%).
Replace ninth September 2022 – Following on from the US being the biggest supply of site visitors to EazyBot’s web site, the corporate seems to be largely run out of Florida.
Bar Ali and Peter Antony, a Canadian resident working as Chief Assist Officer, the remainder of EazyBot’s administration are based mostly out of Florida.
David Charles, Vineet Chhabra and Ken Chickk are tied collectively by way of 10x Crypto Merchants and promotion of Matt Bot AI. /finish replace
As at all times, if an MLM firm isn’t brazenly upfront about who’s operating or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
EazyBot’s Merchandise
EazyBot has no retailable services or products.
Associates are solely in a position to market EazyBot affiliate membership itself.
EazyBot’s Compensation Plan
EazyBot markets entry to a cryptocurrency buying and selling bot.
- Free – commerce two cash on one change
- Novice – $250 yearly, commerce as much as ten cash on as much as two exchanges
- Professional VIP – $995 yearly, commerce any accredited cash on as much as 5 exchanges
Subscription charges are paid in tether (USDT). EazyBot associates are required to take a position at the very least $600 per coin with the bot.
Be aware EazyBot don’t present an inventory of accredited tradeable cash.
Replace thirteenth March 2022 – A reader within the feedback beneath has shared an EazyBot advertising video that reveals tradeable cash.
They’re tron, ripple, cardano, polkadot, dogecoin, litecoin, uniswap, luna, bitcoin catch, ethereum, chainlink, polygon, stellar and monero. /finish replace
Along with subscription charges, EazyBot prices ongoing ROI charges:
- Free tier associates pay 30%
- Novice and Professional VIP tier associates pay 20%
The MLM aspect of EazyBot pays on recruitment of affiliate subscription charges.
Though not clarified, it’s assumed commissions and bonuses are paid in USDT.
EazyBot Affiliate Ranks
There are twelve ranks inside EazyBot’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – enroll as an EazyBot affiliate
- Affiliate Coach – recruit three Associates who every make investments at the very least $600 with the bot
- M1 Coach – recruit and keep one Affiliate Coach
- M2 Coach – recruit and keep two Affiliate Coaches
- Tremendous Affiliate – recruit and keep three Affiliate Coaches
- M1 Tremendous Affiliate – recruit and keep one Tremendous Affiliate
- M2 Tremendous Affiliate – recruit and keep two Tremendous Associates
- M3 Tremendous Affiliate – recruit and keep three Tremendous Associates
- M3 Tremendous Affiliate – recruit and keep 4 Tremendous Associates
- M5 Tremendous Affiliate – recruit and keep 5 Tremendous Associates
- Champion Affiliate – have an M5 Tremendous Affiliate in 5 separate downline legs (may be personally recruited or in any other case), and generate and keep $500,000 in complete downline bot funding quantity
- Crown Affiliate – have a Champion Affiliate in 5 separate downline legs (may be personally recruited or in any other case), and generate and keep $1,000,000 in complete downline bot funding quantity
Referral Commissions
EazyBot pays referral commissions down two ranges of recruitment (unilevel).
Referral commissions are paid out as a proportion of subscription charges paid by Novice and Professional VIP recruited associates:
- stage 1 (personally recruited associates) – 40%
- stage 2 – 10%
ROI Charge Commissions
ROI Charge Commissions are paid as 8% of ROI charges collected from personally recruited associates.
That is elevated by as much as twenty ranges based mostly on rank and private recruitment standards:
- recruit one affiliate to unlock ranges 1 and a pair of
- recruit two associates to unlock ranges 1 to 4
- recruit three associates to unlock ranges 1 to six
- recruit 4 associates to unlock ranges 1 to eight
- recruit 5 associates to unlock ranges 1 to 10
- recruit six associates to unlock ranges 1 to 12
- recruit seven associates to unlock ranges 1 to 14
- recruit eight associates to unlock ranges 1 to 16
- recruit 9 associates to unlock ranges 1 to 18
- recruit ten associates to unlock ranges 1 to twenty
Affiliate Coaches earn ROI Charge Commissions down ten ranges of recruitment.
- 8% on ranges 1 to five
- 1% on ranges 6 to 10
M1 Coaches earn ROI Charge Commissions down fifteen ranges of recruitment on their personally recruited Affiliate Coach downline.
- 8 on ranges 1 to five
- 1% on ranges 6 to fifteen
M2 Coaches earn ROI Charge Commissions down fifteen ranges of recruitment on their two personally recruited Affiliate Coach downlines.
- 8% on ranges 1 to five
- 1% on ranges 6 to fifteen
Tremendous Associates earn ROI Charge Commissions down fifteen ranges of recruitment on all personally recruited Affiliate Coach downlines
- 8% on ranges 1 to five
- 1% on ranges 6 to fifteen
M1 Tremendous Associates earn ROI Charge Commissions down eighteen ranges of recruitment on their personally recruited Tremendous Affiliate downline (Affiliate Coach downlines stay at fifteen ranges)
- 8% on ranges 1 to five
- 1% on ranges 6 to 18
M2 Tremendous Associates earn ROI Charge Commissions down eighteen ranges of recruitment on their two personally recruited Tremendous Affiliate downlines (Affiliate Coach downlines stay at fifteen ranges)
M3 Tremendous Associates earn ROI Charge Commissions down eighteen ranges of recruitment on all personally recruited Tremendous Affiliate downlines (Affiliate Coach downlines stay at fifteen ranges)
M4 Tremendous Associates earn ROI Charge Commissions down twenty ranges of recruitment on their first 4 personally recruited Tremendous Affiliate downlines (remaining Tremendous Affiliate downlines are paid eighteen ranges, Affiliate Coach downlines stay at fifteen ranges)
M5 Tremendous Associates and better earn ROI Charge Commissions down twenty ranges of recruitment on all personally recruited Tremendous Affiliate downlines (Affiliate Coach downlines stay at fifteen ranges)
ROI Charge Commissions Test Match
EazyBot pays an 8% verify match on ROI Charge Commissions paid down two ranges of recruitment:
- stage 1 ROI Charge Fee match – 8%
- stage 2 ROI Charge Fee match – 3%
International Champions Income Pool
EazyBot takes 3% of month-to-month subscription income and locations it into the International Champions Income Pool.
Champion Associates are paid on shares within the International Champions Income Pool every month.
- qualifying as a Champion Affiliate generates you one share
- every extra downline leg that has an M5 Tremendous Affiliate previous your rank-required 5 legs generates one extra share
International Crown Income Pool
EazyBot takes 2% of month-to-month subscription income and locations it into the International Crown Income Pool.
Crown Associates are paid on shares within the International Champions Income Pool every month.
- qualifying as a Crown Affiliate generates you one share
- every extra downline leg that has a Champion Affiliate previous your rank-required 5 legs generates one extra share
Founders Membership
EazyBot takes 5% of month-to-month subscription income and locations it into the Founders Membership pool.
Equal shares within the Founders Membership pool can be found to the primary 1000 EazyBot associates who
- enroll with on the Professional VIP tier; and
- qualify at Tremendous Affiliate.
Becoming a member of EazyBot
EazyBot affiliate membership is out there at three price-points:
- Free – no value
- Novice – $250 yearly
- Professional VIP – $995 yearly
The extra an EazyBot affiliate spends the upper their revenue potential.
EazyBot Conclusion
EazyBot is the most recent bot scheme in what seems to be somebody flooding the MLM underbelly with low-cost buying and selling bots.
Clearly an elevator/escalator tech didn’t get up someday and code a buying and selling bot, so Mohamed Omer Ali is clearly working with others.
Dubai lends itself to such a fraud. The US is a chance, along with being the highest supply of site visitors to EazyBot’s web site, many of the promotion I noticed was from People.
In any occasion EazyBot is your typical MLM buying and selling bot scheme. Associates enroll, pay a charge for entry (or get hit with greater ROI charges), connect EazyBot’s bot to their buying and selling account and make investments funds by way of it.
As a result of passive nature of generated returns, EazyBot’s alternative constitutes a securities providing.
Neither EazyBot or Mohamed Omer Ali are registered with the SEC within the US. Or a monetary regulator in any jurisdiction for that matter.
Which means that, at a minimal, EazyBot is committing securities fraud.
EazyBot’s enterprise mannequin additionally fails the Ponzi logic take a look at. No person with a bot value half a rattling is making a gift of entry totally free.
If EazyBot’s bot was all it was cracked as much as be, operating it quietly with your personal steadiness wins out over offering buyer assist and risking regulatory investigations.
But right here we’re.
EazyBot is what BehindMLM refers to as a “lulz can’t contact our cash!” scheme. Traders are led to consider their funds are secure, when actually the bot proprietor can do as they please.
“Lulz can’t contact our cash!” schemes sometimes exit-scam by way of blowing the bot up or rigged trades.
In both situation trades are executed that favor the admin. Traders are fed any variety of exit-scam excuses and the end-result is accounts are cleaned out.
Being a crypto bot it’s additionally doable traders might be left bagholding some random shitcoin.
The MLM aspect of EazyBot is a pyramid scheme, paying on recruitment of associates paying annual charges.
MLM buying and selling bot schemes hardly ever make it previous a number of months with out going awry. Even when EazyBot manages to, securities fraud, pyramid fraud and giving scammers in Dubai entry to your cash are nonetheless considerations.