Napston offers no info on their web site about who owns or runs the enterprise.
Napston’s web site area (“napston.com”) was first registered in 2013. The area registration was final up to date in August 2018.
Adam Koller of “Napston Community Options Restricted” is listed because the proprietor, via a digital workplace deal with in Hong Kong.
Neither Adam Koller or Napston Community Options has a digital footprint exterior of Napston’s area registration.
On the time of publication Alexa cites Brazil as the one signficant supply of visitors to Napston’s web site (76%).
Though not definitive, this strongly means that whoever is working Napston might be based mostly out of Brazil.
As all the time, if an MLM firm isn’t brazenly upfront about who’s working or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
Napston’s Merchandise
Napston has no retailable services or products, with associates solely capable of market Napston affiliate membership itself.
Napston’s Compensation Plan
Napston associates make investments bitcoin on the promise of an marketed return.
- Starter – make investments $100 in bitcoin and obtain a 1% every day return for 150 days
- Superior – make investments $1000 in bitcoin and obtain a 1.25% every day return for 150 days
- Professional – make investments $5000 in bitcoin and obtain a 1.5% every day return for 150 days
Referral Commissions
Napston pays referral commissions by way of 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.
Napston caps referral commissions at ten.
Referral commissions are paid out as a share of funds invested throughout these ten ranges based mostly on how a lot an affiliate invests.
- Starter associates obtain 7% on degree 1 (personally recruited associates), 3% on degree 2 and 1% on degree 3
- Superior associates obtain 8% on degree 1, 4% on degree 2, 2% on degree 3 and 1% on ranges 4 and 5
- Professional associates obtain 10% on degree 1, 4% on degree 2, 2% on degree 3 and 1% on ranges 4 to 10
Becoming a member of Napston
Napston affiliate membership is tied to a $100 to $5000 funding in bitcoin.
Conclusion
Napston claims to generate exterior ROI income via a “automated cryptocurrency buying and selling platform”.
Past CGI advertising and marketing movies on YouTube, there isn’t a proof of Napston buying and selling cryptocurrency.
Neither is there any proof of every other supply of exterior income getting used to pay associates.
Moreover Napston’s enterprise mannequin fails the Ponzi logic take a look at.
If Napston’s nameless homeowners truly had an automatic crypto buying and selling bot able to producing a hard and fast 1.5% every day return, what do they want your cash for?
And why are they promoting entry to such a golden goose for simply $100 in bitcoin?
Because it stands, the one verifiable income coming into Napston is newly invested funds.
Using newly invested funds to pay current Napston associates a every day return makes it a Ponzi scheme.
Moreover, Napston are additionally committing securities fraud.
As per their very own admission, Napston admit to providing a passive funding alternative.
How do packages work?
You may earn passive curiosity with our cryptocurrency buying and selling operations.
Napston offers a digital workplace deal with in Hong Kong on their web site, however nonetheless claims it’s “duly registered and based mostly in Hong Kong.”
If we take that at face worth for the aim of securities legislation due-diligence, securities in Hong Kong are regulated by the Securities and Futures Fee.
A search of the Securities and Futures Fee reveals Napston isn’t licensed to supply securities in Hong Kong.
Nor does Napston present any proof they’re registered to supply securities in Brazil, at the moment their largest investor market.
Regardless of committing securities fraud in each Brazil and Hong Kong, Napston maintains it operates in “full compliance”.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Napston of return income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of members lose cash.