Sacuwa supplies no data on their web site about who owns or runs the enterprise.
The Sacuwa web site area (“sacuwa.com”) was privately registered on Could sixteenth, 2019.
On the time of publication Alexa cites Vietnam as the one vital supply of site visitors to Sacuwa’s web site (39%).
This isn’t sufficient to recommend Sacuwa relies out of Vietnam, however does reveal the place the vast majority of promotion is going down.
Vietnam has emerged as a hotbed for cryptocurrency fraud over the previous few years.
As all the time, if an MLM firm shouldn’t be brazenly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
Sacuwa Merchandise
Sacuwa has no retailable services or products, with associates solely in a position to market Sacuwa affiliate membership itself.
Sacuwa’s Compensation Plan
Sacuwa associates make investments $100 or extra in SAC tokens, on the promise of an marketed 8% to 16% month-to-month return.
Returns are paid by means of Sacuwa’s pockets app in SAC tokens.
The corporate units an inner SAC token worth, which it arbitrarily will increase.
By placing in a withdrawal request, Sacuwa associates are thus in a position to alternate their invested SAC tokens for greater than they initially invested.
Sacuwa Affiliate Ranks
There are six affiliate ranks inside Sacuwa’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Bronze – join as a Sacuwa affiliate
- Silver – generate no less than $200,000 in downline funding quantity
- Gold – have no less than three Silver ranked downline associates, every in a separate unilevel crew leg
- Platinum – have no less than three Gold ranked downline associates, every in a separate unilevel crew leg
- Diamond – have no less than three Platinum ranked downline associates, every in a separate unilevel crew leg
- Elite – have no less than three Diamond ranked downline associates, every in a separate unilevel crew leg
Residual Commissions
Secura pays residual commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel crew, with each personally recruited affiliate positioned straight beneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel crew.
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.
Sacuwa caps payable unilevel crew ranges at twenty-one.
Residual commissions are paid as a share of returns paid to unilevel crew associates throughout these twenty-one ranges as follows:
- stage 1 (personally recruited associates) – 100% (1:1 match)
- stage 2 – 50%
- ranges 3 to 21 – 5%
Rank Bonus
Secura rewards Silver and better ranked associates with a share of returns earned by their whole unilevel crew:
- Silver associates earn a 5% Rank Bonus
- Gold associates earn a ten% Rank Bonus
- Platinum associates earn a 15% Rank Bonus
- Diamond associates earn a 20% Rank Bonus
- Elite associates earn 5% of returns paid to all associates company-wide
Becoming a member of Sacuwa
Sacuwa affiliate membership is free.
Participation within the connected revenue alternative nevertheless requires a minimal $100 funding in SAC tokens.
Conclusion
Sacuwa operates on a downloadable pockets app.
As described by the corporate itself;
A “pockets” is principally the equal of a checking account. It permits you to obtain bitcoins and different cash, retailer them, after which ship them to others.
Sacuwa associates ship the corporate’s house owners actual cash in alternate for SAC tokens.
SAC tokens aren’t publicly tradeable and price Sacuwa’s house owners little to nothing to generate.
That is mirrored in Sacuwa’s seemingly beneficiant residual fee charges.
Sacuwa enhance the inner SAC token worth, main affiliate traders to imagine the corporate is producing cash out of skinny air.
Withdrawals are positioned by means of the app pockets, thus permitting a Secura affiliate to withdraw tokens at the next charge than they invested at.
It’s vital to now that returns paid in SAC tokens aren’t precise cash. Precise cash isn’t realized until a Sacuwa affiliate is ready to money out their SAC tokens.
In a nutshell, Sacuwa is working a Ponzi factors mannequin by means of an app.
Sacuwa claims to generate exterior income by means of their AI-Arbo buying and selling bot.
The AI-Arbo (AI social Buying and selling Algorithm) is machine studying expertise and social buying and selling algorithms developed by SACUWA’s information scientists and PhD Arithmetic specialists.
That is the cliche ruse that each cell app pockets Ponzi scheme makes use of.
By providing a passive funding alternative, Sacuwa are clearly making a securities providing to their associates.
On the time of publication Sacuwa supplies no proof it has registered its securities providing in any jurisdiction.
Which means that regardless of every thing else, the corporate is working illegally.
Usually what you see in these pockets app schemes is social media advertising movies and/or stories, purportedly displaying buying and selling of some type going down.
Firstly this isn’t an alternative to legally required regulatory registration and investor disclosures.
Secondly, it’s not precise proof of exterior cash getting used to pay associates.
If I take $100 out of my pockets and provides it to you, I can provide you with no matter purpose I need to clarify the place the cash got here from.
You don’t have any manner of verifying it.
Registration with regulators requires app pockets schemes to supply audited accounting – thus proving they’re utilizing exterior income to fund affiliate withdrawal requests.
The one purpose none of those app pockets scams are registered is, behind the “buying and selling bot” smoke and mirrors, none of them are doing what they are saying they’re.
The one verifiable income coming into Sacuwa is new funding.
Utilizing new funding to pay current associates who money out SAC tokens makes Sacuwa a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will new funding.
It will starve Sacuwa of ROI income, ultimately prompting a collapse.
The primary cell app pockets Ponzi scheme to launch was Plus Token final 12 months.
All the way down to the buying and selling bot ruse used, there may be materially no distinction between Plus Token’s and Sacuwa’s respective enterprise fashions.
Plus Token collapsed on July twenty seventh. Chinese language authorities have pegged investor losses at $2.9 billion USD.
Clone scams not often develop as massive as their predecessors, however the vital take-away is almost all of Plus Token affiliate misplaced cash.
Sacuwa isn’t going to play out any totally different.
Replace 4th August 2019 – On the time of this replace Sacuwa has pulled its web site offline.
This implies that the short-lived Ponzi scheme has already collapsed.