SolHeist fails to supply possession or govt info on its web site.
In SolHeist advertising movies, an AI robo avatar named “Sol Professor” represents the corporate.
Along with being extremely silly, that is an instantaneous purple flag. AI robo avatars are sometimes utilized by scammers to cover their involvement in fraudulent schemes.
SolHeist has two recognized web site domains:
- solheist.io – privately registered on March seventeenth, 2024
- solheist.org – privately registered on March seventeenth, 2024
As at all times, if an MLM firm will not 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.
SolHeist’s Merchandise
SolHeist has no retailable services or products.
Associates are solely in a position to market SolHeist affiliate membership itself.
SolHeist’s Compensation Plan
SolHeist associates solana (SOL) into SolHeist and Crew tokens.
That is executed on the promise of a passive ROI:
- make investments $1 or extra into SolHeist tokens and obtain 140% over 60 days plus 4000% over 2 years (be aware that the initially invested SolHeist tokens are locked for two years)
- make investments $1 or extra into Crew tokens and obtain 140% over 12 months
SolHeist pays a referral fee on invested SOL down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 20%
- stage 2 – 10%
- stage 3 – 5%
Observe that solely 50% of earned referral commissions are paid out. The opposite 50% should be reinvested.
Becoming a member of SolHeist
SolHeist affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $1 funding in SOL.
SolHeist Conclusion
There’s not a lot to an MLM shit token Ponzi scheme.
- non-insider traders spend money on SolHeist and Crew tokens
- someday over the subsequent two years the scammers operating SolHeist give you a manufactured downside/excuse
- the scammers operating SolHeist steal everybody’s cash
- sorry in your loss
The one “heist” in SolHeist is getting gullible rubes handy over SOL to be stolen.
Even with out the inevitable manufactured downside/excuse untimely collapse, SolHeist’s enterprise mannequin itself is fraudulent.
SolHeist will not be registered with monetary regulators, neither is there any verifiable supply of exterior income. In traditional Ponzi scheme vogue, withdrawals by the scammers operating SolHeist and early traders are funded by later traders.
As to SolHeist’s tokens themselves, they price about 0.01 SOL and ten minutes to create. Toss within the AI robo avatar advertising and SolHeist is fairly low-effort so far as MLM crypto scams go.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve SolHeist of ROI income, finally prompting a collapse.
SolHeist advertising suggests the rip-off intends to launch on April twenty fifth. This implies the scammers operating SolHeist and insiders have had a month or so to set themselves as much as steal your cash.
The maths behind Ponzi schemes ensures that after they inevitably collapse, nearly all of contributors lose cash.