RockRaise gives no verifiable possession or govt data on its web site.
In an try to look respectable, RockRaise gives a random “firm registration quantity” on its web site for “RockRaise SIA”. Underneath this RockRaise’s “Basic Supervisor” Axel Steen is listed.
Steen is featured in RockRaise’s advertising and marketing materials however doesn’t seem to exist exterior of the corporate.
I can’t verify for certain however RockRaise’s Axel Steen is an effective Boris CEO candidate.
Since launch RockRaise has switched out the actor representing the corporate. Steen is gone and it’s now “Alexander”:
Steen and Alexander have related accents (I’m going with German).
RockRaise SIA is a Latvian shell firm. Corresponding with this, RockRaise gives a purported company tackle in Latvia on its web site.
Punching this tackle into Google Maps nevertheless reveals it’s some random residential constructing. RockRaise clearly doesn’t have any precise ties to Latvia.
It ought to additional be famous that, for the aim of MLM due-diligence, fundamental incorporation in any jurisdiction is meaningless.
The explanation for that is any bogus data can be utilized for fundamental incorporation. Living proof:
One curiosity value mentioning is RockRaise’s focusing on of India.
The ploy is advertising and marketing nonsense however the Indian authorities will get a point out on RockRaise’s web site:
Indian nationwide holidays are additionally famous on RockRaise’s official FaceBook web page:
These are unlikely to be coincidental. Whoever is operating RockRaise is both based mostly in and/or has ties to India, or on the very least is particularly focusing on Indians.
Random stab at nighttime however this man would possibly know who’s behind RockRaise:
Now for those who’re questioning, “Effectively OK, what’s up with the German accents then?”, that’s the place CPI Tech is available in.
Earlier than it launched “cpitech” ran a RockRaise brand contest on 99 Designs:
CPI Applied sciences is a German blockchain bro firm, headed up by founders Marvin Steinberg and Maximilian Schmidt.
Our firm is positioned in Mainz, Germany. CPI group consists of software program builders, Blockchain and good contract specialists, advertising and marketing and analytics geniuses, top-level UX / UI designers, copywriters, information scientists and mathematicians, all working collectively on modern initiatives for purchasers from everywhere in the world.
Whether or not CPI Tech is operating RockRaise I can’t say, however they had been undoubtedly concerned in setting it up. That involvement can be seemingly why RockRaise’s Boris CEOs have German accents.
As at all times, if an MLM firm shouldn’t be overtly upfront about who’s operating or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
RockRaise’s Merchandise
RockRaise has no retailable services or products.
Associates are solely in a position to market RockRaise affiliate membership itself.
RockRaise’s Compensation Plan
RockRaise associates put money into an undisclosed token on the promise of a 1600% ROI.
By paying €150 EUR a month for “Premium Membership”, this ROI is elevated however the particular enhance quantity isn’t disclosed.
The MLM aspect of RockRaise pays on recruitment of Premium Membership associates.
RockRaise Affiliate Ranks
There are twelve affiliate ranks inside RockRaise’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – enroll as a RockRaise affiliate
- Govt – personally recruit and keep 3 Premium Members (cut up 1/1/1), and generate €450 GV a month
- Bronze – keep 3 personally recruited Premium Members, have a complete downline of 12 Premium Members (cut up 4/4/4) and generate €1800 GV a month
- Silver – keep 3 personally recruited Premium Members, have a complete downline of 30 Premium Members and generate €4500 GV a month
- Gold – keep 3 personally recruited Premium Members, have a complete downline of 75 Premium Members and generate €11,250 GV a month
- Sapphire – keep 3 personally recruited Premium Members, have a complete downline of 225 Premium Members and generate €33,750 GV a month
- Ruby – keep 3 personally recruited Premium Members, have a complete downline of 500 Premium Members and generate €75,000 GV a month
- Emerald – keep 3 personally recruited Premium Members, have a complete downline of 1250 Premium Members and generate €187,500 GV a month
- Diamond – keep 3 personally recruited Premium Members, have a complete downline of 2500 Premium Members and generate €375,000 GV a month
- Blue Diamond – keep 3 personally recruited Premium Members, have a complete downline of 5000 Premium Members and generate €750,000 GV a month
- Crimson Diamond – keep 3 personally recruited Premium Members, have a complete downline of 1500 Premium Members and generate €2,250,000 GV a month
- Black Diamond – keep 3 personally recruited Premium Members, have a complete downline of 30,000 Premium Members and generate €4,500,000 GV a month
RockRaise tracks downlines by way of a perpetual 3xx matrix. That may be a matrix that has three legs, which continues down an infinite depth:
Positions within the matrix are crammed by way of direct and oblique recruitment.
Required recruited Premium Member ratios are supplied for Govt and Bronze above. For Silver and better, not more than 40% of required month-to-month GV can come from anyone matrix leg.
GV stands for “Group Quantity” and is the sum whole of downline month-to-month Premium Membership charges (€150 EUR a month per Premium Member).
Month-to-month Commissions
RockRaise pays a weekly fee based mostly on rank:
- Executives earn €37.50 EUR per week
- Bronzes earn €135 EUR per week
- Silvers earn €225 EUR per week
- Golds earn €450 EUR per week
- Sapphires earn €1125 EUR per week
- Rubys earn €2250 EUR per week
- Emeralds earn €5625 EUR per week
- Diamonds earn €11,250 EUR per week
- Blue Diamonds earn €22,500 EUR per week
- Crimson Diamonds earn €56,250 EUR per week
- Black Diamonds earn €112,500 EUR per week
Pension Plan
RockRaise’s Pension Plan is a month-to-month bonus, once more tied to rank:
- Bronzes obtain €60 EUR
- Silvers obtain €100 EUR
- Golds obtain €200 EUR
- Sapphires obtain €500 EUR
- Rubys obtain €1000 EUR
- Emeralds obtain €2500 EUR
- Diamonds obtain €5000 EUR
- Blue Diamonds obtain €10,000 EUR
- Crimson Diamonds obtain €25,000 EUR
- Black Diamonds obtain €50,000 EUR
Millionaire’s Membership
RockRaise takes 1% of month-to-month company-wide income and locations it into the Millionaire’s Membership.
Black Diamond ranked associates obtain an equal share of the Millionaire’s Membership pool every month.
Becoming a member of RockRaise
RockRaise affiliate membership is out there at two price-points:
- Affiliate – €25 EUR
- Premium Member – €150 EUR a month
The extra a RockRaise affiliate spends on affiliate membership, the upper their earnings potential.
RockRaise Conclusion
RockRaise is an MLM crypto Ponzi. Not less than that’s the way it’s introduced.
Sooner or later the token Ponzi has taken a backseat to recruitment, which is the spine of RockRaise’s compensation plan.
When it launched, RockRaise supposed its “Pension Plan” to be a strategy to power associates to put money into the token:
That’s since been dumped, with the Pension Plan now paid out in euros (if there are nonetheless restrictions they aren’t disclosed).
Does RockRaise’s token even exist? No concept. It’s a bit odd studying about future scams “initiatives” when the existence of the unique token rip-off can’t be recognized.
Nonetheless the 1600% token ROI is the advertising and marketing hook RockRaise makes use of to lure buyers in.
To that finish we have now what seems to be a pointless free buyer membership possibility. Enroll, put money into tokens, one thing one thing 1600%? It’s not very clear.
Then there’s the €25 EUR one-time affiliate price possibility. I feel these guys can nonetheless earn commissions however that additionally isn’t clear.
Premium Membership is €150 EUR a month and that I do know has entry to RockRaise’s compensation plan.
So principally you drop €150 EUR a month and receives a commission to recruit others who do the identical. And hooked up to that may be a bunch of blockchain bro bullshit.
Like their token, RockRaise’s unlawful financial institution guarantees haven’t materialized. It’s all coming quickly.
In the meantime visits to RockRaise’s web site are in decline (Alexa rank is presently 7.5 million). And that’s about it.
Be it the token Ponzi scheme or MLM pyramid aspect of the enterprise, math ensures nearly all of RockRaise associates will lose cash.