International Sport Area runs 4 web sites that I’m conscious of:
- globalgamearena.biz
- globalgamearena.com
- globalgamearena.information and
- globalgamearena.internet
Neither web site gives any data on who owns or runs the corporate.
Additional analysis reveals International Sport Area disclosing Frode Jorgensen as co-founder of the corporate, and Daniel Grenon as Chief Advertising Officer.
Frode Jorgensen first appeared on BehindMLM in 2012, as suspected proprietor of the Bidify Ponzi scheme.
Even then Jorgensen had a historical past of involvement in a number of fraudulent enterprise alternatives.
Bidify launched as a Zeek Rewards Ponzi clone. Not surprisingly, we uncovered Jorgensen was doubtless a Zeek Rewards investor himself.
After the SEC shut down Zeek Rewards, Bidify renamed itself MyCenterBid.
By then the penny public sale Ponzi recreation was up. MyCenterBid limped alongside for some time earlier than collapsing in 2013.
Flush with no matter he’d managed to steal from Zeek Rewards, Bidify and MyCenterBid buyers, Jorgensen went underground for 2 years.
In 2015 he reemerged at a Crypto 888 Membership Ponzi management occasion within the Philippines.
That was the final we noticed of Jorgensen, though admittedly we haven’t been monitoring him intently.
Daniel Grenon made a reputation for himself scamming individuals in OneCoin.
Following OneCoin’s collapse in early 2017, Grenon hitched his wagon to Ed Hartley’s Worldwide Cryptocurrency Funding.
Hartley handed away shortly after WCI’s launch. This prompted an organization name-change to Worldwide Cryptocurrency Worldwide, of which Grenon was cited as a co-founder.
By early 2018 Grenon had gone underground. Like Jorgensen, he’s believed to have executed a runner with no matter he managed to steal from WCI associates.
WCI itself collapsed and was rebooted as Fintegri in late 2018.
International Sport Area’s different co-founders aren’t publicly disclosed.
Given the pedigree of the corporate’s named executives nevertheless, it’s a protected guess they’ve all most likely acquired lengthy histories of rip-off involvement too.
On the company aspect of issues International Sport Area gives a number of company addresses.
The primary is for GGA Holding Pte. Ltd. in Singapore. The supplied tackle belongs to a digital workplace service provider, so it’s a protected guess GGA Holding is nothing greater than a shell firm.
Within the footer of their different web sites, International Sport Area gives:
All GGA merchandise and video games are collectively operated by International Sport Area Ltd. and Novus Options Curacao N.V.
Registered tackle: Heelsumstraat 51,E-Commerce Park Curaçao, an organization licensed and controlled by the legal guidelines of Curacao.
Like International Sport Area Pte. Ltd., these additionally look like shell firms.
In February 2019 the Norwegian Gaming Board contacted International Sport Area.
The Gaming Board expressed concern that, by International Sport Area, Norwegians had been being uncovered to
illegal affords, advertising and dissemination of lotteries and playing video games that aren’t permitted in Norway.
The Gaming Board cited promotional exercise in Norway.
Jorgensen, initially from Norway, has since relocated to Thailand.
It’s believed International Sport Area is being operated out of Thailand itself, though there’s most likely some logistics dealt with from inside Europe.
Learn on for a full evaluation of the International Sport Area MLM alternative.
International Sport Area Merchandise
International Sport Area associates spend money on GGA factors, which can be utilized to take part in supplied playing actions.
The retail aspect to International Sport Area happens when referred non-affiliates buy GGA tokens.
The retail value of GGA tokens shouldn’t be supplied on any of International Sport Area’s web sites.
International Sport Area present no proof of being registered or licensed to offer entry to gaming actions in any jurisdiction.
Which means that the corporate’s gaming choices are unlawful in most nations.
The International Sport Area Compensation Plan
International Sport Area associates spend money on GGA tokens. Commissions are paid after they recruit others who do the identical.
In complete International Sport Area affords associates three funding tiers:
- Affiliate – €130 EUR after which €10 EUR a month (first month waived)
- Primary – €530 EUR after which €10 EUR a month (first three months waived)
- Premium – €1530 EUR after which €10 EUR a month (first twelve months waived)
The Affiliate funding tier is your primary promotional bundle. GGA tokens are bundled with the Primary and Premium packages as follows:
- Primary – 1500 GGA tokens
- Premium – 5000 GGA tokens
Earlier than we get into the remainder of International Sport Area’s compensation plan, bear in mind that 40% of all commissions and bonuses paid out have to be transformed into on line casino vouchers or reinvested into GGA tokens.
Lastly, the International Sport Area compensation plan specifies the next “energetic” requirement:
A Consultant turns into/stays Energetic by having personally bought minimal one (1) energetic lottery ticket every, (€10) each week.
Though not explicitly clarified, it’s assumed MLM commissions will not be paid out until a International Sport Area affiliate stays energetic.
International Sport Area Affiliate Ranks
There are eight affiliate ranks inside the International Sport Area compensation plan.
Together with their respective qualification standards, they’re as follows:
- Certified Affiliate – generate one residual fee cycle
- Government Affiliate – generate twenty-five accrued residual fee cycles
- Sapphire – generate 100 accrued residual fee cycles
- Emerald – generate 5 hundred accrued residual fee cycles
- Ruby – generate one thousand accrued residual fee cycles
- Diamond – generate 5 thousand accrued residual fee cycles
- Blue Diamond – generate ten thousand accrued residual fee cycles
- Pink Diamond – generate twenty thousand accrued residual fee cycles
Retail Token Commissions
International Sport Area associates are paid a ten% fee on playing losses by personally referred non-affiliates.
Recruitment Commissions
International Sport Area associates are paid 10% of funds invested by personally recruited associates.
Residual Commissions
With a purpose to qualify for residual commissions, a International Sport Area affiliate should refer two retail playing clients.
No minimal spend quantities for referred retail clients are specified.
International Sport Area pay residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary staff, break 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 through direct and oblique recruitment of associates. Observe there isn’t any restrict to how deep a binary staff can develop.
Affiliate charges paid by recruited International Sport Area associates generates gross sales quantity throughout the binary staff.
- Affiliate bundle = 30 GV
- Primary bundle = 150 GV
- Premium bundle = 450 GV
GGA token funding additionally generates gross sales quantity nevertheless particular quantities aren’t supplied.
On the finish of every week International Sport Area tallies up new quantity on either side of the binary staff.
Associates are paid a residual fee per 150 GV matched on either side of the binary staff.
A 150 GV match is referred to a “cycle”.
Residual fee cycle charges are as follows:
- Certified Associates obtain €50 EUR per 150 GV matched
- Government Associates obtain €55 EUR per 150 GV matched
- Sapphire associates obtain €60 EUR per 150 GV matched
- Emerald associates obtain €65 EUR per 150 GV matched
- Ruby associates obtain €70 EUR per 150 GV matched
- Diamond associates obtain €80 EUR per 150 GV matched
- Blue Diamond associates obtain €90 EUR per 150 GV matched
- Pink Diamond associates obtain €100 EUR per 150 GV matched
Matching Bonus
International Sport Area associates can qualify for a Matching Bonus on residual commissions earned by downline associates.
International Sport Area pays the Matching Bonus through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel staff, with each personally recruited affiliate positioned straight below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
International Sport Area caps the Matching Bonus throughout 5 unilevel staff ranges.
- an affiliate who has generated 10 residual fee cycles qualifies for a 15% match on degree 1 (personally recruited associates)
- an affiliate who has generated 15 residual fee cycles qualifies for a 15% match on degree 1 and 10% on degree 2
- an affiliate who has generated 20 residual fee cycles qualifies for a 15% match on degree 1, 10% on degree 2 and 5% on degree 3
- an affiliate who has generated 25 residual fee cycles qualifies for a 15% match on degree 1, 10% on degree 2 and 5% on ranges 3 and 4
- an affiliate who has generated 50 residual fee cycles qualifies for a 15% match on degree 1, 10% on degree 2 and 5% on ranges 3 to five
Rank Achievement Bonus
Ranging from the Government Affiliate rank, International Sport Area associates obtain the next Rank Achievement Bonuses:
- qualify as an Government affiliate and obtain €100 EUR price of GGA tokens
- qualify as a Sapphire and obtain €500 EUR price of GGA tokens
- qualify as an Emerald and obtain €1500 EUR price of GGA tokens
- qualify as a Ruby and obtain €5000 EUR price of GGA tokens
- qualify as a Diamond and obtain €25,000 EUR price of GGA tokens
- qualify as a Blue Diamond and obtain €50,000 EUR price of GGA tokens
- qualify as a Pink Diamond and obtain €100,000 EUR price of GGA tokens
Becoming a member of International Sport Area
International Sport Area affiliate membership is tied to funding in certainly one of three packages:
- Affiliate – €130 EUR after which €10 EUR a month (first month waived)
- Primary – €530 EUR after which €10 EUR a month (first three months waived)
- Premium – €1530 EUR after which €10 EUR a month (first twelve months waived)
With a purpose to stay energetic, International Sport Area associates should additionally buy a €10 EUR lottery ticket every month.
Conclusion
What’s the distinction between Bidify and International Sport Area? Not a lot.
As a substitute of a crappy penny public sale platform that no person cares about, now it’s a playing platform no person cares about.
The basics behind Bidify and International Sport Area are the identical: spend money on factors, persuade others to do the identical and money out when the interior worth of factors is arbitrarily raised.
Again in Bidify factors had been tracked by bids. In 2019 this has been changed with GGA, an ERC20 ethereum shitcoin.
ERC20 tokens take about 5 minutes to arrange and are for probably the most half utterly nugatory.
That is true of GGA, which isn’t publicly tradeable and holds no worth exterior of International Sport Area itself.
International Sport Area manipulates the interior GGA token worth by their “International Token Market” inside trade.
The solicitation of funding in GGA tokens on the implication of returns by the interior trade alone constitutes a securities providing, which International Sport Area shouldn’t be licensed to supply in any jurisdiction.
That’s on high of the entire playing mess.
To that finish International Sport Area affords up the next pseudo-compliance:
Are you open for USA?
No, we do NOT enable residents of USA to register in International Sport Area as we wouldn’t have the required licenses to function in the USA.
Their compensation plan is much more restrictive:
GGA operates below strict license restrictions.
NO clients can be accepted from the next nations:
United States, United Kingdom, Norway, Spain, France, Italy, Thailand and Myanmar.
That is after all all bullshit.
Of the 2 International Sport Area web sites with measurable site visitors (Alexa), the .BIZ area receives 77% of site visitors from the US. The .NET area receives 39% from the US and 36% from Costa Rica.
International Sport Area even supply a yearly VPN subscription with their Premium €1530 EUR funding bundle.
There’s no motive to offer their buyers with VPN providers, apart from to bypass pseudo-compliance geo blocks.
After the Norwegian Gaming Board warning, it appears International Sport Area is primarily being promoted within the US.
Which implies that’s additionally the place nearly all of new funding is being sourced.
Between the playing and unregistered securities providing, each aspect of International Sport Area’s MLM alternative is prohibited.
Curaçao, a tiny island within the Caribbean (inhabitants 160,000) is presumably the one jurisdiction International Sport Area’s playing actions are authorized.
Ponzi and pyramid schemes are doubtless not authorized however let’s be trustworthy, by the point native regulators meet up with International Sport Area (if in any respect), it’ll be far too late.
With the higher playing, pyramid and securities fraud going down the next level is trivial, however nonetheless one I wish to make.
The retail aspect of International Sport Area, as irrelevant as it’s, requires clients to make a loss.
To make clear, right here’s International Sport Area’s personal rationalization;
When a Consultant enrolls eligible new Gamers/Associates, he/she earns a on line casino bonus calculated from the Web-Revenue on all of your personally referred gamers.
Web Income Calculation : Play – Win = Web Income.
Retail commissions are paid on internet income, which requires a retail buyer to lose cash (i.e. “win” must be lower than “play” in any other case the sum complete is adverse).
Worse nonetheless, International Sport Area hold monitor of internet income over time, that means if certainly one of your retail clients wins huge, you’re unlikely to ever see a gaming fee on that buyer.
Sure this is mindless from a reliable enterprise perspective, however then once more it’s not purported to.
The gaming aspect of International Sport Area is smoke and mirrors for a similar outdated Ponzi factors nonsense Frode Jorgensen began up with Bidify seven years in the past.
Norway’s regulatory investigation into International Sport Area is probably going solely to stop promotion of the corporate nationally.
Thailand is unlikely to take motion towards Jorgensen, owing to little to no native International Sport Area promotion.
Daniel Grenon is from Canada however it’s unclear whether or not he too has fled for Asia.
Both approach as with all Ponzi schemes, as soon as investor recruitment dies out so too will invested funds.
This may immediate a collapse, ensuing within the majority of International Sport Area buyers shedding cash.
Or to place it one other approach, Bidify/MyCenterBid redux.
Replace 1st September 2019 – International Sport Area has relaunched with a barely modified compensation plan and enterprise mannequin.
BehindMLM revealed an up to date International Sport Area evaluation on the time of this replace.
Replace 14th Could 2020 – International Sport Area seems to have collapsed once more someday after launch. In early 2020 it was rebooted as BetPlay365.
Replace thirtieth Could 2020 – BetPlay365 has been rebooted as Daxio.