HawkChain gives no verifiable details about who owns or runs the corporate on its web site.
HawkChain’s web site area (“hawkchain.com”), was first registered in January 2021. The personal registration was final up to date on June 4th, 2022.
HawkChain’s present web site seems to have gone dwell on or round June 2021.
HawkChain’s official FaceBook web page was created June twelfth, 2021. HawkChain’s official YouTube channel was created on July sixth, 2021.
HawkChain’s launch video was uploaded to YouTube on March seventeenth, 2022:
On its web site, HawChain falsely represents it has been round since 2018.
On Could seventh HawkChain uploaded a cringey theme music. This was adopted up by its first Boris CEO video, that includes “Andrew Dwight”.
The actor taking part in Dwight seems to be primarily based out of Dubai.
The above is a promo shot for Ski Dubai, an indoor ski resort within the UAE. Right here’s one other one:
I wasn’t capable of pin down a reputation however this implies the actor taking part in Dwight relies out of Dubai.
On Could tenth HawkChain uploaded a followup Boris CEO video, this time that includes “Oliva Bardot”:
Oliva Bardot is the truth is Hanane Spiers:
Hanane Spiers is an actor who, at the least as of 2017, represented she was primarily based out of the UK.
We are able to tie Spiers to Dubai through a July 2021 Russian puff-piece overlaying a nail salon in Dubai.
UK studio Jam Pond Images gives us with some newer Hanane Spiers headshots:
From its Boris CEO advertising movies we are able to assume HawkChain is being run out of Dubai.
Authorities in Dubai flip a blind eye to MLM associated fraud. Mixed with restricted extradition treaties, Dubai gives a safe-haven for scammers from all over the world.
BehindMLM considers Dubai the MLM rip-off capital of the world. As a basic rule, it’s protected to imagine any MLM firm with ties to Dubai is a rip-off.
Boris CEO schemes are sometimes the work of scammers in Russia and/or Ukraine.
Possible because of the ongoing warfare in Ukraine and related Russian sanctions, it seems the Boris CEO Ponzi manufacturing facility has moved to Dubai.
SimilarWeb at the moment ranks prime sources of site visitors to HawkChain’s web site as Italy (39%), Poland (13%), Tunisia (10%), Sweden (7%) and Madagascar (7%).
As all the time, if an MLM firm isn’t brazenly upfront about who’s working or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
HawkChain’s Merchandise
HawkChain has no retailable services or products.
Associates are solely capable of market HawkChain affiliate membership itself.
HawkChain’s Compensation Plan
HawkChain associates make investments USD cryptocurrency equivalents on the promise of marketed returns:
- Bronze – make investments $100 to $2999 and obtain 1% a day for 120 days
- Silver – make investments $3000 to $7999 and obtain 1.25% a day for 120 days
- Gold – make investments $8000 to $39,999 and obtain 1.5% a day for 120 days
- Platinum – make investments $40,000 to $149,999 and obtain 1.75% a day for 120 days
- Diamond – make investments $150,000 or extra and obtain 2% a day for 120 days
The MLM aspect of HawkChain pays on recruitment of affiliate traders.
Referral Commissions
HawkChain associates earn 10% of funds invested by personally recruited associates.
Residual Commissions
HawkChain pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary crew, cut up into two sides (left and proper):
The primary stage of the binary crew homes two positions. The second stage of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary crew are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary crew are stuffed through direct and oblique recruitment of associates. Notice there isn’t a restrict to how deep a binary crew can develop.
On the finish of every day HawkChain tallies up new funding quantity on each side of the binary crew.
Associates are paid 10% of funds invested on their weaker binary crew aspect.
Notice that residual commissions are capped every day, primarily based on how a lot a HawkChain affiliate has invested:
- Bronze tier associates can earn as much as $2000 a day
- Silver tier associates can earn as much as $4000 a day
- Gold tier associates can earn as much as $7000 a day
- Platinum tier associates can earn as much as $10,000 a day
- Diamond tier associates can earn as much as $15,000 a day
Becoming a member of HawkChain
HawkChain affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal $100 funding.
HawkChain solicits funding in bitcoin, ethereum, litecoin, dogecoin, tron ripple and tether.
HawkChain Conclusion
HawkChain is your typical Boris CEO Ponzi scheme.
HawkChain represents it generates exterior income through “in-house merchants”.
Hawkchain makes use of superior charting performance that permits their in-house merchants to visualise orders, positions, and value alerts, modify order properties, and annotate to their buying and selling technique.
Buying and selling is the go-to ruse for MLM crypto Ponzi scammers.
Regardless of their claims, HawkChain gives no proof it’s engaged in buying and selling of any type. Neither is any proof supplied demonstrating HawkChain makes use of exterior income to pay affiliate withdrawals.
Because it stands the one verifiable income getting into HawkChain is new funding.
Utilizing new funding to pay affiliate withdrawals makes HawkChain a Ponzi scheme. The MLM aspect of the enterprise provides a further pyramid layer to the scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve HawkChain of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, nearly all of individuals lose cash.