Kangot offers no data on its web site about who owns or runs the corporate.
Kangot’s web site area (“kangot.com”) was registered on September twenty seventh, 2019.
Roberto Gonzalez (proper) is listed because the proprietor, by way of a residential handle within the US state of Arizona.
Posts on Gonzalez’ Fb profile (“Roberto X Gonzalez”, full title Robert Cantu Gonzalez) point out Bviral.
Gonzales can also be the listed proprietor of BViral’s web site area.
Perusal of Gonzalez’ Fb posts reveals BViral launched in mid to late 2018.
BViral itself is a lead era software based mostly on “certificates incentives”.
Via the usage of our certificates incentives, we assist our purchasers generate leads, increase gross sales and improve referral enterprise.
We assist companies be extra worthwhile by offering high quality journey certificates, trip certificates and applications that obtain measurable economical outcomes.
The idea seems to have flopped, as evidenced by Alexa assigning BViral’s web site “unranked” standing.
The precursor to BViral is Membership Orenda of which Gonzalez was co-CEO of.
Membership Orenda was a travel-based MLM alternative that seems to have collapsed round late 2017 to early 2018.
Membership Orenda launched in 2016. Previous to that Gonzales was selling Zyndio (aka ZynTravel), a matrix cycler Ponzi scheme.
As mentioned later on this evaluate, Gonzales seems to have baked BViral into Kangot’s MLM providing.
Learn on for a full evaluate of Kangot’s MLM alternative.
Kangot’s Merchandise
Kangot has no retailable services or products, with associates solely in a position to market Kangot affiliate membership itself.
Kangot’s Compensation Plan
Kangot associates make investments $100 to $50,000 on the promise of marketed returns.
- make investments $100 to $500 and obtain a 0.5% to three% each day return, capped at 200%
- make investments $1000 to $50,000 and obtain a 0.5% to three% each day return, capped at 300%
Kangot Affiliate Ranks
There are ten affiliate ranks in Kangot’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Bronze – generate $500 in gathered weaker binary facet funding quantity
- Silver – generate $1200 in gathered weaker binary facet funding quantity
- Gold – generate $7000 in gathered in weaker binary facet funding quantity
- Sapphire – generate $35,000 in gathered in weaker binary facet funding quantity, and have a personally recruited Silver ranked affiliate on each side of the binary staff
- Ruby – generate $75,000 in gathered in weaker binary facet funding quantity, and have a personally recruited Gold ranked affiliate on each side of the binary staff
- Emerald – generate $150,000 in gathered in weaker binary facet funding quantity, and have a personally recruited Sapphire ranked affiliate on each side of the binary staff
- Diamond – generate $500,000 in gathered in weaker binary facet funding quantity, and have a personally recruited Ruby ranked affiliate on each side of the binary staff
- Blue Diamond – generate $1,500,000 in gathered in weaker binary facet funding quantity, and have a personally recruited Emerald ranked affiliate on each side of the binary staff
- Black Diamond – generate $5,000,000 in gathered in weaker binary facet funding quantity, and have a personally recruited Diamond ranked affiliate on each side of the binary staff
- Crown Diamond – generate $15,000,000 in gathered in weaker binary facet funding quantity, and have a personally recruited Blue Diamond ranked affiliate on each side of the binary staff
Referral Commissions
Kangot pays a ten% fee on funds invested by personally recruited associates.
Residual Commissions
Kangot pays residual commissions by way of 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 by way of direct and oblique recruitment of associates. Be aware there is no such thing as a restrict to how deep a binary staff can develop.
On the finish of every day Kangot tallies up new funding quantity on each side of the binary staff.
Associates are paid 10% of funds generated on their weaker binary staff facet.
As soon as paid out on, quantity is matched with the stronger binary staff facet and flushed. Any leftover quantity on the stronger facet is carried over.
Matching Bonus
Kangot’s compensation plan mentions a Matching Bonus.
Aside from stating the Matching Bonus is paid out on generations, no additional data is offered.
Rank Achievement Bonus
Kangot rewards associates who qualify at Silver and better with the next Rank Achievement Bonuses:
- qualify as Silver and obtain $50
- qualify as Gold and obtain $100
- qualify as Sapphire and obtain $500
- qualify as Ruby and obtain $1200
- qualify as Emerald and obtain $2500
- qualify as Diamond and obtain $10,000
- qualify as Blue Diamond and obtain $25,000
- qualify as Black Diamond and obtain $100,000
- qualify as Crown Diamond and obtain $200,000
International Participation Pool
Kangot takes 2% of company-wide funding quantity and locations it into the International Participation Pool.
Black Diamond and Crown Diamond ranked Kangot associates qualify for a share within the International Participation Pool, which is paid out yearly.
Becoming a member of Kangot
Kangot affiliate membership is tied to a $100 to $50,000 funding.
It’s unclear whether or not an lively funding is required to proceed incomes MLM commissions.
Be aware that advertising and marketing on Kangot’s web site means that though USD is quoted, precise investments and returns are made in cryptocurrency.
Conclusion
Kangot claims to generate exterior ROI income by way of “actual buying and selling actions in numerous monetary markets”.
We give you Passive Earnings Plans with very Engaging Returns generated in Actual Buying and selling Actions in numerous Monetary Markets, thus making in your crypto belongings produce extra crypto.
What’s left of BViral’s journey incentive scheme additionally seems to have been built-in as an incentive:
Moreover, at KANGOT we give all of our members trip privileges: Lodging, Preferential Charges, Cruises, and so forth.
Rather than legally required proof offering exterior income is getting used to pay returns, Kangot’s web site states:
Proof of Buying and selling:
Head to head video periods with our skilled merchants.
By their very own admission Kangot presents “passive earnings plans”;
INTELLIGENT PASSIVE INCOME
Your plan generates an output variable from 0.5% to three%, from Monday to Friday till your return is full.
The promise of passive earnings and returns paid clearly demonstrates Kangot are soliciting funding.
Based mostly on his Fb profile, Roberto Gonzalez relies out of Arizona within the US.
To legally function a passive earnings funding alternative within the US, it have to be registered with the SEC.
A search of the SEC’s Edgar database reveals neither Kangot or Gonzalez are registered.
Thus, no matter every thing else, Kangot and Gonzales are illegally providing unregistered securities.
Going one step additional (“every thing else”), Kangot’s enterprise mannequin fails the Ponzi logic take a look at.
In line with Kangot it employs “skilled merchants” who “function in a number of monetary markets”.
If these merchants have been in a position to generate each day returns of as much as 3%, why does Gonzalez want your cash for?
All Gonzalez must do is make investments a modest capital, compound his 0.5% to three% each day returns and shortly sufficient he’d be one of many richest folks on the planet.
In actuality the one verifiable income coming into Kangot is new funding.
Utilizing new funding to pay current traders a each day return makes Kangot a Ponzi scheme.
On high of that you’ve the compensation plan, which incentivizes recruitment of recent Kangot traders. This provides an extra pyramid layer to the scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment runs dry so too will new funding.
It will starve Kangot of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of members lose cash.