Gameas supplies no data on its web site about who owns or runs the corporate.
The corporate’s web site serves solely as a signup kind for recruited associates. Present Gameas associates are additionally in a position to log in.
Gameas’ web site area (“gameas.org”) was first registered in April 2020. The non-public registration was final up to date on March third, 2021.
Gameas’ present web site went dwell in April 2021. This means the corporate’s homeowners took possession of the area in March.
Alexa presently ranks the highest sources of site visitors to Gameas’ web site as Panama (34%), Cameroon (15%) and Ecuador (10%).
I observed Gameas’ official compensation plan makes use of durations to indicate $1000s as a substitute of commas.
This can be a customary seen usually in non-English talking nations. It suggests whoever is working Gameas isn’t from a local English talking nation.
On official Gameas webinars, the person on the best is represented as Gameas’ CEO.
With a little bit of analysis I used to be in a position to determine this particular person as Dionisio Simoes.
In line with Simoes’ official LinkedIn profile he’s primarily based out of Lisboa, Portugal.
As per social media posts associated to Gameas, in early Might Simoes’ traveled to Dubai.
Though there has at all times been MLM associated fraud within the UAE, since 2020 particularly Dubai has emerged as a secure haven for MLM scammers.
As of Might thirtieth Simoes remains to be within the UAE. Within the newest Gameas webinar I may discover Simoes talks about opening a “head workplace” in Dubai.
As at all times, if an MLM firm is just not overtly upfront about who’s working or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
Gameas’ Merchandise
Gameas has no retailable services or products.
Associates are solely in a position to market Gameas affiliate membership itself.
Gameas’ Compensation Plan
Gameas associates make investments bitcoin on the promise of an marketed 200% ROI.
Gameas’ official compensation materials states the 200% ROI is paid out at a fee of 4% each day.
- Pack 10 – $10
- Pack 25 – $25
- Pack 50 – $50
- Pack 100 – $100
- Pack 200 – $200
- Pack 300 – $300
- Pack 500 – $500
- Pack 1000 – $1000
- Pack 2000 – $2000
- Pack 3000 – $3000
- Pack 5000 – $5000
Word that though quoted funding quantities are in USD, Gameas solely solicits funding in bitcoin.
Presumably this implies Gameas additionally pay out returns and all commissions in bitcoin too.
The MLM facet of Gameas sees commissions paid on recruitment of affiliate traders.
Recruitment Commissions
Gameas associates earn 12% of bitcoin invested by personally recruited associates.
Residual Commissions
Gameas pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary staff, cut up into two sides (left and proper):
The primary stage of the binary staff homes two positions. The second stage 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 stage housing twice as many positions because the earlier stage.
Positions within the binary staff are stuffed through direct and oblique recruitment of associates. Word there isn’t a restrict to how deep a binary staff can develop.
On the finish of every day Gameas tallies up new funding quantity on each side of the binary staff.
A 12% residual fee is paid on funds invested on the weaker binary staff facet.
Word that Gameas caps each day residual commissions primarily based on how a lot an affiliate has invested:
- Pack 10 associates can earn as much as $10 in residual commissions each day
- Pack 25 associates can earn as much as $25 in residual commissions each day
- Pack 50 associates can earn as much as $50 in residual commissions each day
- Pack 100 associates can earn as much as $100 in residual commissions each day
- Pack 200 associates can earn as much as $200 in residual commissions each day
- Pack 300 associates can earn as much as $300 in residual commissions each day
- Pack 500 associates can earn as much as $500 in residual commissions each day
- Pack 1000 associates can earn as much as $1000 in residual commissions each day
- Pack 2000 associates can earn as much as $2000 in residual commissions each day
- Pack 3000 associates can earn as much as $3000 in residual commissions each day
- Pack 5000 associates can earn as much as $5000 in residual commissions each day
As soon as weaker binary staff quantity is paid out on, it’s matched towards the robust binary staff facet and flushed.
Any leftover quantity on the stronger binary staff facet carries over.
Rank Achievement Bonus
Gameas rewards associates with bonuses for producing gathered weaker binary staff facet funding quantity.
- generate $150,000 in gathered weaker binary staff facet quantity and obtain $1000
- generate $300,000 in gathered weaker binary staff facet quantity and obtain $2000
- generate $500,000 in gathered weaker binary staff facet quantity and obtain a “premium smartphone” valued at $1000
- generate $750,000 in gathered weaker binary staff facet quantity and obtain a Macbook valued at $1500
- generate $1,500,000 in gathered weaker binary staff facet quantity and obtain a motorbike valued at $5000
- generate $3,000,000 in gathered weaker binary staff facet quantity and obtain a Chevrolet Onix
- generate $,5000,000 in gathered weaker binary staff facet quantity and obtain a Toyota Corolla
- generate $10,000,000 in gathered weaker binary staff facet quantity and obtain and obtain a Mercedes Benz A180
- generate $25,000,000 in gathered weaker binary staff facet quantity and obtain a Mercedes Benz GLC
- generate $50,000,000 in gathered weaker binary staff facet quantity and obtain a BMW 180
- generate $100,000,000 in gathered weaker binary staff facet quantity and obtain a “mansion” valued at $250,000
Becoming a member of Gameas
Gameas affiliate membership is tied to an preliminary $10 to $5000 funding paid in bitcoin.
Word that after a 200% ROI is reached, reinvestment is required to proceed incomes.
Conclusion
Gameas represents it generates exterior income through
the perfect staff of merchants in cryptocurrencies, foreign exchange, arbitration and multimarket.
I do not know what a “multimarket” is however buying and selling is the most common ruse utilized by MLM crypto Ponzi schemes.
Gameas supplies no proof of buying and selling or every other exterior income.
Moreover Gameas is sort of upfront about providing a passive funding alternative:
That is essential, as a result of passive funding MLM alternatives are a securities providing.
Gameas fails to offer proof it has registered its securities providing in any jurisdiction.
Which means that at a minimal Gameas is committing securities fraud. Securities fraud is prohibited the world over.
Because it stands the one verifiable income coming into Gameas is new funding.
Utilizing new funding to pay current associates 4% a day makes Gameas a Ponzi scheme.
Paying commissions on affiliate investor recruitment provides an extra pyramid layer.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Gameas of ROI income, finally prompting a collapse.
Feedback left on Gameas’ official Fb web page counsel this occurred two weeks in the past:
The maths behind Ponzi schemes ensures that once they collapse, nearly all of contributors lose cash.
TL;DR: Don’t ship bitcoin to scammers on the not possible promise of 4% a day.