Rapido Run provides no information on its website about who owns or runs the company.
Rapido Run’s website domain (“rapido.run”) was privately registered on June 23rd, 2020.
At the time of publication Alexa cites India at the top source of traffic to Rapido Run’s website (73%).
Such a high percentage suggests whoever is running Rapido Run is likely based out of India.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Rapido Run’s Products
Rapido Run has no retailable products or services, with affiliates only able to market Rapido Run affiliate membership itself.
Rapido Run’s Compensation Plan
Rapido affiliates purchase 0.03 ETH positions in a three-tier matrix cycler.
Matrix sizes used within Rapido Run’s cycler are 3×1, 2×2 and 3×3. Rapido Run refers to these matrices as Rapido X3, Rapido X4 and Rapido X8 respectively.
A 3×1 matrix is simple in nature, requiring three positions to be filled to trigger a cycle.
A 2×2 matrix starts with two positions on the first level and expands to four positions on the second:
A 2×3 cycler builds on a 2×2 matrix with an additional level, housing twice as many positions as the second level (eight).
Newly recruited Rapido Run affiliates sign up and pay 0.03 ETH for a position in the three matrices (split 0.01 ETH across each).
Cycler payments generated across all three of Rapido Run’s matrix cyclers are as follows:
Rapido X3
Rapido X3 is a fifteen tier 3×1 matrix cycler.
Of the three positions required to be filled, the first two are used to generate payments. The third position payment is passed upline to the affiliate who recruited you.
- Tier 1 – invest 0.01 ETH and receive 0.02 ETH, 0.01 ETH is passed upline and generates a new Tier 1 position
- Tier 2 – invest 0.02 ETH and receive 0.04 ETH, 0.02 ETH is passed upline and generates a new Tier 2 position
- Tier 3 – invest 0.05 ETH and receive 0.1 ETH, 0.05 ETH is passed upline and generates a new Tier 3 position
- Tier 4 – invest 0.1 ETH and receive 0.2 ETH, 0.1 ETH is passed upline and generates a new Tier 4 position
- Tier 5 – invest 0.2 ETH and receive 0.4 ETH, 0.2 ETH is passed upline and generates a new Tier 5 position
- Tier 6 – invest 0.3 ETH and receive 0.6 ETH, 0.3 ETH is passed upline and generates a new Tier 6 position
- Tier 7 – invest 0.5 ETH and receive 1 ETH, 0.5 ETH is passed upline and generates a new Tier 7 position
- Tier 8 – invest 1 ETH and receive 2 ETH, 1 ETH is passed upline and generates a new Tier 8 position
- Tier 9 – invest 2 ETH and receive 4 ETH, 2 ETH is passed upline and generates a new Tier 9 position
- Tier 10 – invest 3 ETH and receive 6 ETH, 3 ETH is passed upline and generates a new Tier 10 position
- Tier 11 – invest 5 ETH and receive 10 ETH, 5 ETH is passed upline and generates a new Tier 11 position
- Tier 12 – invest 10 ETH and receive 20 ETH, 10 ETH is passed upline and generates a new Tier 12 position
- Tier 13 – invest 20 ETH and receive 40 ETH, 20 ETH is passed upline and generates a new Tier 13 position
- Tier 14 – invest 30 ETH and receive 60 ETH, 30 ETH is passed upline and generates a new Tier 14 position
- Tier 15 – invest 50 ETH and receive 100 ETH, 50 ETH is passed upline and generates a new Tier 15 position
Note that upline payments are only received if an affiliate has invested at that tier. Otherwise upline payments are paid further upline to the first affiliate who has invested into that tier.
Rapido X4
Rapido X4 is a fifteen tier 3×2 matrix cycler.
Payments generated by filling the first two matrix positions are passed upline. The next three payments are kept.
The sixth position payment is passed upline and used to generate a new cycler tier position.
- Tier 1 – invest 0.01 ETH and receive 0.03 ETH, 0.03 ETH passed upline and generates a new Tier 1 position
- Tier 2 – invest 0.02 ETH and receive 0.06 ETH, 0.06 ETH is passed upline and generates a new Tier 2 position
- Tier 3 – invest 0.05 ETH and receive 0.1 ETH, 0.1 ETH is passed upline and generates a new Tier 3 position
- Tier 4 – invest 0.1 ETH and receive 0.3 ETH, 0.3 ETH is passed upline and generates a new Tier 4 position
- Tier 5 – invest 0.2 ETH and receive 0.6 ETH, 0.6 ETH is passed upline and generates a new Tier 5 position
- Tier 6 – invest 0.3 ETH and receive 0.9 ETH, 0.9 ETH is passed upline and generates a new Tier 6 position
- Tier 7 – invest 0.5 ETH and receive 1.5 ETH, 1.5 ETH is passed upline and generates a new Tier 7 position
- Tier 8 – invest 1 ETH and receive 3 ETH, 3 ETH is passed upline and generates a new Tier 8 position
- Tier 9 – invest 2 ETH and receive 6 ETH, 6 ETH is passed upline and generates a new Tier 9 position
- Tier 10 – invest 3 ETH and receive 9 ETH, 9 ETH is passed upline and generates a new Tier 10 position
- Tier 11 – invest 5 ETH and receive 15 ETH, 15 ETH is passed upline and generates a new Tier 11 position
- Tier 12 – invest 10 ETH and receive 30 ETH, 30 ETH is passed upline and generates a new Tier 12 position
- Tier 13 – invest 20 ETH and receive 60 ETH, 60 ETH is passed upline and generates a new Tier 13 position
- Tier 14 – invest 30 ETH and receive 90 ETH, 90 ETH is passed upline and generates a new Tier 14 position
- Tier 15 – invest 50 ETH and receive 150 ETH, 150 ETH is passed upline and generates a new Tier 15 position
Rapido X8
Rapido X8 is a fifteen tier 2×3 matrix cycler.
Payments generated by filling the first six positions are passed upline. The next seven payments are kept.
The fourteenth position payment is passed upline and used to generate a new cycler tier position.
- Tier 1 – invest 0.01 ETH and receive 0.07 ETH, 0.07 ETH is passed upline and generates a new Tier 1 position
- Tier 2 – invest 0.02 ETH and receive 0.14 ETH, 0.14 ETH is passed upline and generates a new Tier 2 position
- Tier 3 – invest 0.05 ETH and receive 0.35 ETH, 0.35 ETH is passed upline and generates a new Tier 3 position
- Tier 4 – invest 0.1 ETH and receive 0.7 ETH, 0.7 ETH is passed upline and generates a new Tier 4 position
- Tier 5 – invest 0.2 ETH and receive 1.4 ETH, 1.4 ETH is passed upline and generates a new Tier 5 position
- Tier 6 – invest 0.3 ETH and receive 2.1 ETH, 2.1 ETH is passed upline and generates a new 2.1 ETH position
- Tier 7 – invest 0.5 ETH and receive 3.5 ETH, 3.5 ETH is passed upline and generates a new Tier 7 position
- Tier 8 – invest 1 ETH and receive 7 ETH, 7 ETH is passed upline and generates a new Tier 8 position
- Tier 9 – invest 2 ETH and receive 14 ETH, 14 ETH is passed upline and generates a new Tier 9 position
- Tier 10 – invest 3 ETH and receive 21 ETH, 21 ETH is passed upline and generates a new Tier 11 position
- Tier 11 – invest 5 ETH and receive 35 ETH, 35 ETH is passed upline and generates a new Tier 11 position
- Tier 12 – invest 10 ETH and receive 70 ETH, 70 ETH is passed upline and generates a new Tier 12 position
- Tier 13 – invest 20 ETH and receive 140 ETH, 140 ETH is passed upline and generates a new Tier 13 position
- Tier 14 – invest 30 ETH and receive 210 ETH, 210 ETH is passed upline and generates a new Tier 14 position
- Tier 15 – invest 50 ETH and receive 350 ETH, 350 ETH is passed upline and generates a new 350 ETH position
Joining Rapido Run
Rapido Run affiliate membership is tied to a minimum 0.01 ETH investment.
Full participation in Rapido Run’s income opportunity costs 366.54 ETH (currently $116,504 USD).
Conclusion
Under the guise of “international crowdfunding”, Rapido Run combines Ponzi, gifting and pyramid fraud into a sprawling scam sandwich.
The Ponzi nature of Rapido Run’s business model is such that an initial payment is made on the promise of withdrawing more than was invested.
The pyramid nature of Rapido Run’s business model is all payments within the scheme are tied to recruitment.
The gifting nature of Rapido Run’s business model is that it’s a zero sum equation. Payments are made between participants.
The math behind Rapido Run’s three Ponzi cycler tiers is:
- 0.01 ETH in and 244.09 ETH out through Rapido X3
- 0.01 ETH in and 366.54 ETH out through Rapido X4
- 0.01 ETH in and 855.26 ETH out through Rapido X8
Being a smart-contract scam, Rapido Run trots out the usual “decentralized” nonsense.
WHO MANAGES THE PLATFORM?
Platform Rapido does not have a Manager. There are the creators of the Smart contract who works in the Ethereum blockchain. This means that the platform is fully decentralized (i.e. it has no leaders or admins).
This is baloney. Someone created Rapido Run. Someone owns the company’s website and somebody will receive the lion’s share of invested funds through preloaded admin positions.
In an attempt to justify fraud, Rapido Run provides the following:
WHAT IS THE DIFFERENCE FROM THE PYRAMID?
Rapido is a crowdfunding platform for the new generation and has no relation to the pyramids.
The principle of a financial pyramid based on the fact that most of the money concentrated in the hands of its creators. The sooner you come, the more money.
A pyramid scheme can be closed at any time. The participants of the platform Rapido – both leaders and newcomers – are equal.
Legitimate crowdfunding sees donors donate funds for third-party causes. A matrix cycler has nothing to do with crowdfunding.
As for “the principle of a financial pyramid”, it has nothing to do with where most of the money winds up. A pyramid scheme is so because its unsustainable business model relies on recruitment.
Rapido Run’s business model satisfies this criteria, making it a pyramid scheme.
As for the claim of everyone being equal. This is also baloney.
Through prelaoded admin positions, the creator of Rapido Run will receive the lion’s share of invested funds.
These admin positions are placed first, cycle first and continue to cycle the upper tiers – which is where most of the money changes hands.
You are recommended to upgrade to higher packages so not to miss commissions.
These admin positions also receive the most passed up upline payments by nature of being placed within Rapido Run’s company-wide matrix first.
Top recruiters will receive most of what’s left, at the expense of the majority of Rapido Run affiliates.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Rapido Run of new investment, eventually prompting a collapse.
The math behind MLM Ponzi schemes guarantees that when they collapse, the majority of participants lose money.