Meta Utopia gives no data on its web site about who owns or runs the corporate.
Meta Utopia’s web site area (“meta-utopia.io”), was privately registered on March tenth, 2022.
A lot of the Meta Utopia advertising I got here throughout was in Spanish and Italian:
This syncs with SimilarWeb, who monitor Spain (48%) as the highest supply of visitors to Meta Utopia’s web site. Italy at 36% is available in second, though month on month visits are in decline.
On a since-deleted Latin America FaceBook selling Meta Utopia, I got here throughout the declare Sam Lee is behind the corporate:
I wasn’t in a position to personally confirm this.
Final we heard Sam Lee was fronting HyperOne, a derivative of his already thrice collapsed Hyperverse Ponzi scheme.
Lee is believed to be hiding from authorities in Dubai. If he’s in reality behind Meta Utopia, that may imply it too is being run from Dubai.
One other risk is Singapore. A reader despatched on this picture, taken from Nicholas Coppola’s Instagram feed:
Be aware the Marina Bay Singapore geolocation.
Apparently sufficient Nicholas Coppola has deleted his Instagram account someday over the previous few weeks.
I is perhaps studying an excessive amount of into the identify, however Coppola’s involvement might clarify the preliminary burst in Meta Utopia Italian recruitment.
Coppola’s FaceBook web page continues to be up, revealing he’s primarily based out of Verona, Italy:
final 12 months he was selling IM Mastery Academy:
It appears someday after August 2021 Coppola reinvented himself as a crypto bro. He apparently is excessive sufficient in Meta Utopia to celebration with the founder in Singapore again in March.
Whether or not Coppola himself is concerned in working Meta Utopia is unclear.
As at all times, if an MLM firm will not be brazenly upfront about who’s working or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
Meta Utopia’s Merchandise
Meta Utopia has no retailable services or products.
Associates are solely in a position to market Meta Utopia affiliate membership itself.
Meta Utopia’s Compensation Plan
Meta Utopia associates make investments tether (USDT) for LAND tokens. That is performed on the promise of a 158.59% annual return, paid in LAND tokens.
Referral commissions are paid on invested USDT through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel workforce, with each personally recruited affiliate positioned straight below them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel workforce.
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.
Meta Utopia caps payable unilevel workforce ranges at ten.
Referral commissions are paid as a proportion of USDT invested throughout these ten ranges as follows:
- stage 1 (personally recruited associates) – 10%
- stage 2 – 8%
- stage 3 – 5%
- stage 4 – 3%
- ranges 5 to 7 – 2%
- ranges 8 to 10 – 1%
Though not explicitly clarified, I imagine Meta Utopia pays referral commissions in LAND.
Becoming a member of Meta Utopia
Meta Utopia affiliate membership seems to be free.
Full participation is connected to a 100 USDT or extra funding in LAND tokens. Be aware that Meta Utopia cost a 5% transaction payment.
Meta Utopia Conclusion
Meta Utopia is an easy MLM crypto Ponzi scheme. Beneath the guise of staking, an annual ROI of as much as 158.59% is pitched. I’ve additionally seen 2% marketed however I’m undecided if that’s every day or weekly.
158.59% is what’s on Meta Utopia’s web site in order that’s what I’ve run with.
Fairly than simply admit they’re working a Ponzi scheme, Meta Utopia is dressed up in “metaverse” bandwagon advertising.
Such to the extent any “metaverse” footage is proven, it’s recorded staged footage from the sport Minecraft.
Meta Utopia’s “metaverse” is only a ruse to keep away from utilizing “Ponzi scheme” to outline their fraudulent funding alternative.
LAND is BEP-20 shit token. These may be arrange in a couple of minutes at little to no price.
Meta Utopia generates LAND on demand to flog to affiliate traders. This and withdrawals are the one precise stream of cash out and in of Meta Utopia.
LAND token is presently publicly buying and selling at $32.21, with nearly all of token holders having staked their tokens to take part in Meta Utopia’s Ponzi scheme.
Meta Utopia pays returns and commissions are paid in LAND, which is backoffice monopoly cash that doesn’t exist.
When recruitment of Meta Utopia traders inevitably slows down and the Ponzi scheme collapses, associates can be left bagholding nugatory LAND tokens.
Indicators of this are additionally presenting, by the use of Meta Utopia launching Ponzi schemes inside Ponzi schemes:
No matter whose working a Ponzi scheme or from the place, math ensures nearly all of traders in Ponzi schemes lose cash.