I grew to become conscious of HyperFund following a securities fraud warning issued by the UK’s FCA.
HyperFund is the newest launch by Ryan Xu’s firm HyperTech.
HyperTech represents it operates from Hong Kong. Whether or not Xu relies in Hong Kong or elsewhere is unclear.
On LinkedIn Xu represents he’s in Melbourne, Australia.
BehindMLM first grew to become conscious of Xu and HyperTech by means of our Jan 2020 HyperCapital evaluation.
HyperCapital was a Ponzi scheme launched to resurrect HyperCash (previously HCash), a failed shitcoin Xu launched a number of years earlier.
HyperCapital did not have any influence on HyperCash’s public buying and selling worth:
HyperCapital was finally deserted and right this moment its web site is defunct.
HyperFund was introduced in mid 2020. It’s basically Xu and HyperTech’s migration to DeFi.
Which is to say we are able to probably anticipate extra the identical crypto funding associated fraud.
Learn on for a full evaluation of HyperFund’s MLM alternative.
HyperFund’s Merchandise
HyperFund has no retailable services or products, with associates solely capable of market HyperFund affiliate membership itself.
HyperFund’s Compensation Plan
HyperFund consult with their MLM alternative and compensation pan as “HyperCommunity”.
HyperFund associates make investments tether (USDT) into HU, an inside token, on the promise of a 300% ROI.
HU funding tiers are 300, 500 and 1000.
Apparently the common return is 200% however there appears to be a perpetual 300% restricted time provide.
The 300% cap is calculated based mostly off a every day return plus earned commissions (detailed beneath).
HyperFund pays returns every day in HU. Withdrawals to precise cash are made by means of an inside alternate (HyperPay).
Be aware that when 300% has been realized, reinvestment is required to proceed incomes. HyperFund reinvestment is made in 50 HU increments.
Additionally be aware that 20% of commissions paid out (excludes every day returns), have to be reinvested into numerous tokens HyperFund is selling).
Residual Commissions
HyperFund pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel crew, with each personally recruited affiliate positioned straight underneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel crew.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
HyperFund caps payable unilevel crew ranges at twenty.
Referral commissions are paid as a share of every day HU earnings paid throughout these twenty ranges as follows:
- stage 1 (personally recruited associates) – 20%
- stage 2 – 15%
- stage 3 – 10%
- ranges 4 to six – 5%
- ranges 7 to fifteen – 2%
- ranges 16 to twenty – 1%
Be aware that every unilevel crew stage requires a recruited affiliate with an energetic funding to qualify.
E.g. it is advisable to recruit and keep one affiliate investor to earn commissions on stage 1.
It’s essential to recruit and keep 4 affiliate buyers to earn commissions on ranges 1 to 4 and so forth.
VIP Reward
The VIP Reward permits HyperFund associates earn on HU earned by unilevel crew associates outdoors of their strongest leg.
The strongest leg is calculated and based mostly on every day HU generated throughout all unilevel crew legs.
There are seven ranks throughout the VIP Reward:
- Knowledgeable – construct a downline receiving 50,000 HU a day outdoors of your strongest unilevel crew leg
- Professional – construct a downline receiving 100,000 HU a day outdoors of your strongest unilevel crew leg
- 1 Star – construct a downline receiving 250,000 HU a day outdoors of your strongest unilevel crew leg
- 2 Star – construct a downline receiving 500,000 HU a day outdoors of your strongest unilevel crew leg
- 3 Star – construct a downline receiving 1,000,000 HU a day outdoors of your strongest unilevel crew leg
- 4 Star – construct a downline receiving 3,000,000 HU a day outdoors of your strongest unilevel crew leg
- 5 Star – construct a downline receiving 5,000,000 HU a day outdoors of your strongest unilevel crew leg
Corresponding VIP Rewards paid out based mostly on the above rank {qualifications} are as follows:
- Specialists obtain a 0.5% VIP Reward fee
- Execs obtain 1% VIP Reward fee
- 1 Stars obtain a 3% VIP Reward fee
- 2 Stars obtain a 6% VIP Reward fee
- 3 Stars obtain a 9% VIP Reward fee
- 4 Stars obtain a 12% VIP Reward fee
- 5 Stars obtain a 15% VIP Reward fee
Once more these percentages are paid on all unilevel crew legs (full depth), excluding the strongest leg.
There’s additionally a coded element to the VIP Reward. Which means that 15% is paid on all HU generated throughout every affiliate’s unilevel crew.
Within the occasion an HyperFund affiliate isn’t 5 Star ranked and receiving the total 15% paid out, the distinction between their VIP Reward fee and 15% is paid to their upline (the affiliate who recruited them).
E.g. a 2 Star receives a 6% VIP Reward fee, leaving as much as 9% left to be paid out to their upline.
How a lot is paid out will depend on the upline affiliate’s rank.
If the personally recruited affiliate is on the identical rank because the upline, the upline receives a 1% VIP Reward fee.
If the personally recruited affiliate isn’t VIP Reward certified, the upline receives the total 15% quantity on that affiliate’s unilevel crew HU quantity.
International Reward
HyperFund places the HU equal of 4% of company-wide funding into the International Reward pool.
The International Reward pool is break up into 4 smaller swimming pools.
Together with their qualification standards, they’re as follows:
- 2% International Reward pool – generate 2 million in HU funding outdoors of your strongest unilevel crew leg
- 1% International Reward pool – generate 4 million in HU funding outdoors of your strongest unilevel crew leg
- 0.5% International Reward pool – generate 6 million in HU funding outdoors of your strongest unilevel crew leg
- 0.5% International Reward pool – generate 10 million in HU funding outdoors of your strongest unilevel crew leg
Qualification seems to be accumulative. The International Reward pool is paid out month-to-month.
Becoming a member of HyperFund
HyperFund affiliate membership is tied to an preliminary 300, 500 or 1000 HU funding package deal.
HyperFund solicits funding in USDT, which means the above quantities are roughly equal to $300, $500 and $1000.
Conclusion
Having did not resuscitate HyperCash, Ryan Xu has turned HyperTech right into a full-blown Ponzi shitcoin manufacturing facility.
That is being completed behind the ruse of DeFi, as a result of that’s the present stylish mannequin for MLM crypto shitfuckery.
HyperFund is a 300% ROI Ponzi scheme mixed with pyramid recruitment.
Associates enroll and make investments USDT. They then obtain a return and commissions in HU factors, capped at 300%.
HyperFund’s commissions are tied to affiliate investor recruitment, slapping pyramid fraud on prime of Ponzi funding fraud.
Notably, HyperFund’s compensation plan is a 1:1 clone of HyperCapital’s. The one distinction is as an alternative of paying HyperCash, HU Ponzi factors have been created.
HU factors are nugatory outdoors of HyperFund. They price the corporate nothing to generate, which means commissions and returns will be “paid out” no matter whether or not precise cash will be withdrawn.
The opposite distinction between HyperCapital and HyperFund is the shitcoin manufacturing facility ingredient.
HyperFund withholds 20% of paid commissions for obligatory shitcoin funding.
These shitcoins are created by HyperFund anytime they really feel like pushing a brand new rip-off.
The primary HyperFund shitcoin launch is HyperDAO (HDAO).
HyperDAO goals to ascertain an entire DeFi (Decentralised Finance) ecosystem, offering purchasers with a decentralised monetary infrastructure.
Below the ruse of DeFi, HDAO is simply an excuse to cease associates withdrawing 20% of earned commissions.
Connected to HyperFund are a bunch of HyperX branded smoke and mirrors corporations:
- HyperPay
- HyperFin
- HyperBC
- HPX
- HyperMining
- HyperTalk
- HyperNews
- HyperMall
- HyperShow
Related bullshit will presumably be arrange for HDAO and every other yet-to-be launched shitcoins.
That is typical of HyperTech, with the corporate’s advertising tying no less than 150 shell corporations to Ryan Xu.
If you happen to’re questioning why I haven’t gone into any of the above HyperX branded corporations, it’s as a result of they don’t have anything to do with HyperFund’s MLM alternative.
The HyperX corporations are smoke and mirrors to placed on HyperFund advertising slides.
Outdoors of HyperPay, HyperTech’s inside alternate, the HyperX corporations both don’t exist or aren’t being utilized by anybody.
Lastly there’s additionally the difficulty of HyperFund being engaged in securities fraud.
HyperTech acknowledge they’re providing an passive funding alternative by means of HyperFund. This constitutes a securities providing.
On the time of publication Alexa ranks the US as the highest supply of visitors to HyperFund’s web site (52%).
Neither HyperTech, HyperFund, Ryan Xu or any of the plethora of related shell corporations are registered with the SEC.
Which means that Xu and his Hyper corporations are committing securities fraud within the US. Promotion of unregistered securities by US residents can also be unlawful.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve HyperFund of ROI income, finally leaving them unable to pay HyperPay withdrawal requests.
The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of contributors lose cash.
Within the case of HyperFund, it will present itself by means of HyperFund associates being left holding nugatory HU factors.
To see this in motion one want look no additional than HyperTech’s HyperCash bagholders.