Riseoo operates within the cryptocurrency and ecommerce MLM niches.
The corporate supplies two company places of work on its web site, one in Dubai and one in India.
Riseoo’s Dubai tackle is incomplete, suggesting it a digital workplace tackle. The Indian tackle in Uttar Pradesh.
Riseoo is headed up by co-founders Vaibhav and Kshitij Adhlakha.
Vaibhav serves as Riseoo’s CEO. Kshitij is the corporate’s COO.
In line with their Riseoo company bio, the Adhlakhas are “completed trade consultants”.
Each of them have greater than a decade of sturdy entrepreneurial expertise in a number of industries.
They ideated [sic] QuickX, a Blockchain Expertise that performs transactions off the chain for a similar Blockchain belongings and makes use of pooling facilitators who provide liquidity for cross-chain transfers.
QuickX is a shit token that was connected to the Crypto Recommendation Ponzi scheme.
Crypto Recommendation was headed up by CEO “Jordan Lucas”, who’s believed to have been a paid actor. It appears the Adhlakha brothers have been behind the rip-off.
Crypto Recommendation launched in late 2018. By August 2019 the Ponzi scheme had collapsed.
The Adhlakha’s victims have been left bagholding nugatory QCX tokens (1.1 cent flatline since Crypto Recommendation collapsed).
Aside from scamming individuals by Crypto Recommendation and Quickx, the Adhlakhas haven’t achieved something of significance inside the MLM trade.
Though Kshitij Adhlakha’s LinkedIn profile cites him in Dubai, I consider each brothers are based mostly out of India.
On the time of publication Alexa estimates 87% of Riseoo’s web site site visitors originates out of India.
Riseoo’s official Fb web page can also be completely managed by admins in India.
Learn on for a full evaluate of Riseoo’s MLM alternative.
Riseoo’s Merchandise
Riseoo has no retailable services or products, with associates solely capable of market Riseoo affiliate membership itself.
Riseoo’s Compensation Plan
Riseoo associates enroll and pay membership charges. Commissions are paid once they recruit others who do the identical.
Riseoo provides three affiliate packages:
- Starter Package deal – $200
- Skilled Package deal – $400
- Premium Package deal – $700 ($29.95 affiliate price waived)
Observe that whereas the above quantities are offered in USD, Riseoo pays commissions in USDT and INR (Indian rupee):
Any Affiliate Accomplice can withdraw a minimal of 25 USDT from the respective Riseoo pockets.
Within the case of Indian Affiliate Companions, the minimal quantity that may be withdrawn is INR 1750.
MLM Fee Qualification
Riseoo associates are required to generate 50 PV a month to qualify for MLM commissions.
PV stands for “Private Quantity” and is gross sales quantity generated by an affiliate, together with their very own spend.
Riseoo Affiliate Ranks
There are fourteen ranks inside Riseoo’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- iRap – enroll as a Riseoo affiliate and pay membership charges
- Purple Star – recruit two iRaps, positioned on on either side of the binary staff, and have earned a minimum of one residual fee cycle
- Inexperienced Star – recruit three iRaps, have one downline Purple Star ranked affiliate and have earned a minimum of fifteen residual fee cycles
- Blue Star – recruit 4 iRaps, have one downline Inexperienced Star ranked affiliate and have earned a minimum of fifty residual fee cycles
- White Star – recruit 5 iRaps, have one downline Blue Star ranked affiliate and have earned a minimum of 100 and twenty-five residual fee cycles
- Black Star – recruit six iRaps, have one downline White Star ranked affiliate and have earned a minimum of 300 residual fee cycles
- Gold Star – generate two White Stars in two unilevel staff legs and have earned a minimum of 600 residual fee cycles
- Mercury – generate three White Stars in three unilevel staff legs and have earned a minimum of 200 residual fee cycles the month previous to qualification
- Venus – keep two White Stars in three unilevel staff legs and have earned a minimum of 4 hundred residual fee cycles the month previous to qualification
- Jupiter – generate three Black Stars in three unilevel staff legs and have earned a minimum of eight hundred residual fee cycles the month previous to qualification
- Phoenix – generate three Gold Stars in three unilevel staff legs and have earned a minimum of one thousand 5 hundred residual fee cycles in any two prior months out of three
- Golden Phoenix – generate three Phoenixes in three unilevel staff legs and have earned a minimum of two thousand residual fee cycles in any two prior months out of three
- Diamond Phoenix – generate 4 Phoenixes in 4 unilevel staff legs and have earned a minimum of 4 thousand residual fee cycles in any two prior months out of three
- Alpha Centauri Membership – generate six Phoenixes in six unilevel staff legs and have earned a minimum of six thousand residual fee cycles for 3 consecutive months
Recruitment Commissions
Riseoo associates earn 5% to 25% on bundle charges paid by personally recruited associates.
Though not explicitly clarified, I consider this fee vary is tied to which bundle a recruited affiliate indicators up with.
5% seems to be paid on the Starter Pack. Riseoo’s compensation plan cites a ten% fee on the Skilled Package deal, leaving 25% paid on the Premium Package deal.
Prime-Up Bonus
Riseoo’s Prime-Up Bonus feels like a one-level residual recruitment fee.
You’ll earn the Prime-Up Referral Bonus on all of the packages and merchandise bought, based mostly in your whole Private Bonus Quantity.
The Prime-Up Referral bonus is paid on the Bonus Quantity (BV) of your direct referrals.
Riseoo associates earn a 5% Prime-Up Bonus in the event that they generate and keep 750 PV a month.
10% is paid if a Riseoo affiliate
- generates 1500 PV a month or
- generates 20 residual fee cycles a month (see “residual commissions” beneath)
PV stands for “Private Quantity” and is gross sales quantity generated by charges paid by recruited associates.
Residual Commissions
Riseoo pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary staff, cut 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 crammed by way of direct and oblique recruitment of associates. Observe there isn’t any restrict to how deep a binary staff can develop.
Riseoo tallies up gross sales quantity on each side of the binary staff, tracked as BV.
BV is 70% of quantity created by cost of Riseoo affiliate membership charges.
15% of Eazme membership price quantity and cashback collected by Riseoo, can also be paid into the binary staff.
When 250 BV is matched on each side of the binary staff, a cycle is triggered.
Riseoo associates earn 10% to 16% of every 250 BV cycle generated weekly.
- iRap to Gold Star ranked associates earn a ten% residual fee charge
- Mercury to Phoenix ranked associates earn a 12% residual fee charge
- Golden Phoenix and Diamond Phoenix ranked associates earn a 14% residual fee charge
- Alpha Centauri Membership ranked associates earn a 16% residual fee charge
Observe that residual commissions are capped at as much as $25,000 per week:
- iRap to White Star ranked associates can earn as much as $5000 per week
- Black Star and Gold Star ranked associates can earn as much as $10,000 per week
- Mercury and Venus ranked associates can earn as much as $15,000 per week
- Jupiter and Phoenix ranked associates can earn as much as $20,000 per week
- Golden Phoenix to Alpha Centauri Membership ranked associates can earn as much as $25,000 per week
Matching Bonus
Riseoo pays a Matching Bonus 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 immediately 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.
The Matching Bonus is paid on residual commissions earned throughout the unilevel staff.
What number of unilevel staff ranges the Matching Bonus is earned on is set by rank:
- Inexperienced Stars earn a 5% match on degree 1
- Blue Stars earn a 5% match on ranges 1 and a couple of
- White Stars earn a 5% match on ranges 1 to three
- Black Stars earn a 5% match on ranges 1 to 4
- Gold Stars earn a 5% match on ranges 1 to five
- Mercurys earn a 5% match on ranges 1 to six
- Venus’ earn a 5% match on ranges 1 to 7
- Jupiters earn a 5% match on ranges 1 to eight
- Phoenixes earn a 5% match on ranges 1 to 9
- Golden Phoenixes and better earn a 5% match on ranges 1 to 10
Eazme Commissions
Eazme has its personal compensation plan inside Riseoo.
Commissions associated to Eazme are generated on cost of $99 Eazme memberships.
- Riseoo associates earn a 25% fee on personally bought Eazme memberships
- A 15% fee is paid on Eazme memberships bought by personally recruited associates (degree 2)
Residual Eazme membership charges are paid as a share of 15% of generated Eazme membership BV.
Eazme residual commissions are paid utilizing the identical unilevel staff as residual commissions (see above):
- 5% on degree 1 (personally recruited associates)
- 2.5% on ranges 2 and three
- 1.5% on degree 4
- 1% on degree 5
- 0.5% on ranges 6 to 10
Lastly, 10% of cashback paid to Riseoo is paid on purchases by personally recruited associates.
30% of Riseoo’s collected cashback is paid out by way of the unilevel staff (similar percentages above).
Rank Achievement Bonus
Riseoo rewards associates who qualify at Black Star and better with the next one-time Rank Achievement Bonuses:
- qualify at Black Star and obtain $500
- qualify at Gold Star and obtain $1000
- qualify at Mercury and obtain $2500
- qualify at Venus and obtain $5000
- qualify at Jupiter and obtain $10,000
- qualify at Phoenix and obtain $25,000
- qualify at Golden Phoenix and obtain $50,000
- qualify at Diamond Phoenix and obtain $75,000
- qualify at Alpha Centauri Membership and obtain $100,000
Automotive Bonus
Riseoo rewards Mercury and better ranked associates with a month-to-month Automotive Bonus.
- Mercury ranked associates obtain $500 a month
- Venus ranked associates obtain $750 a month
- Jupiter ranked associates obtain $1000 a month
- Phoenix ranked associates obtain $2000 a month
International Bonus Pool
Riseoo takes 1% of company-wide membership price BV and locations it into the International Bonus Pool.
The International Bonus Pool is cut up into three smaller swimming pools, corresponding with the Golden Phoenix, Diamond Phoenix and Alpha Centauri Membership ranks.
- Golden Phoenix ranked associates obtain a share within the Golden Phoenix Pool
- Diamond Phoenix ranked associates obtain a share within the Golden Phoenix and Diamond Phoenix Swimming pools
- Alpha Centauri Membership ranked associates obtain a share within the Golden Phoenix, Diamond Phoenix and Alpha Centauri Membership Swimming pools
Shares are awarded as follows:
- one share is obtained in rank corresponding swimming pools every month
- one one-time share is awarded at Golden Phoenix and better rank promotion
- one share is awarded for every personally recruited affiliate who qualifies at Golden Phoenix or greater
- one share is awarded per 500 residual fee cycles generated every month
International Bonus Pool shares are accrued by certified associates as per the above standards. The International Bonus Pool is paid out yearly.
Observe that the best share share a Riseoo affiliate can earn in any of the International Bonus Swimming pools is capped at 40%.
Becoming a member of Riseoo
Riseoo affiliate membership is $29.99 plus buy of an affiliate bundle.
- Starter Package deal – $200
- Skilled Package deal – $400
- Premium Package deal – $700 ($29.95 affiliate price waived)
An annual $19.99 affiliate price is charged after the primary 12 months.
Observe the extra a Riseoo affiliate spends on membership, the upper their earnings potential.
Conclusion
Crypto Recommendation’s collapse left the general public buying and selling worth of QuickX in the bathroom. Riseoo is an try to pump QuickX’s worth.
This may primarily profit the Adhlakha brothers, in addition to early Crypto Recommendation buyers. Victims bought on recouping their Crypto Recommendation losses are prone to make up the vast majority of Riseoo associates.
Riseoo’s ruse is it’s ecommerce platform Eazme. It’s your fundamental cashback platform, with the one outright purchasable merchandise white-labeled dietary dietary supplements.
Eazme is pitched as a “crypto pleasant market”. Until I’m lacking one thing it has nothing to do with cryptocurrency.
If Eazme is dumping QCK tokens as “cashback” on the backend, that’s not disclosed anyplace on the corporate web site.
The Eazme ruse falls aside upon consideration that no one is paying for cashback in 2021.
Cashback as of late is so simple as putting in a free app or browser extension, and there’s a billion platforms “cashing in” on the area of interest.
Once more, the one individuals prone to be utilizing Eazme in any capability are Crypto Recommendation QCX token bagholders.
The true worth of Eazme membership is $0. And that is evidenced by Riseoo bundling free Eazme memberships as “pearls” with paid affiliate membership choices:
Pearls are an inner reward system. These can be utilized the by the Affiliate Accomplice to buy Eazme membership vouchers and to make purchases from the Eazme mall.
All of the Affiliate Companions get a certain quantity of Pearls upon enrollment relying on the chosen bundle.
Riseoo is pitched as a “new-age online marketing firm”, which doesn’t really imply something. What Riseoo is, is a pyramid scheme.
You enroll, pay Riseoo membership charges and receives a commission to recruit different who do the identical.
If it hasn’t been already, there’s doubtless plans to bake QCX into Riseoo’s backend in some unspecified time in the future. This may doubtless be constructed off CNExchange, a crypto change owned by the Adhlakha brothers.
Though not marketed on CNExchange’s public-facing web site, $5000 investments could be made on the again finish to earn a 25% annual ROI.
Paid in nugatory QCX tokens in fact.
As with all pyramid scheme, Riseoo will collapse when affiliate recruitment inevitably slows down.
The Adhlakha brothers’ respective LinkedIn profiles recommend Riseoo was launched in mid 2020. Thus far it’s had no impression on QCX’s public buying and selling worth, which has most likely aggravated them to no finish.
If new victims aren’t discovered to baghold and QCX’s public buying and selling worth continues to flatline, Crypto Recommendation victims sucked into Riseoo will get extra determined.
Finally although they’ll have to return to phrases with realizing they’ve been conned into handing over much more cash.
This isn’t going to finish effectively.