Statum World operates within the MLM cryptocurrency area of interest and seems to be based mostly out Hong Kong, a minimum of on paper.
Incorporation paperwork offered on the Standing World web site symbolize Standing World Restricted was included in Hong Kong on October twelfth, 2018.
Eathan Cheng is cited as founding father of the corporate and is outwardly ‘already a profitable entrepreneur within the cryptocurrency enterprise subject‘.
Naturally there’s no digital footprint for Cheng, whose identify solely seems on the web in relation to Statum World.
Actually odd for an already succesful cryptocurrency entrepreneur. My guess is Cheng, as represented on the Statum World web site doesn’t exist.
The Statum World web site area was registered on August thirteenth, 2018, by way of what seems to be a bogus handle in Tibet.
Regardless of Statum World claiming Eathan Cheng runs the corporate as a “household enterprise within the PRC”, Alexa cites Italy (23%), Russia (17%) and the Netherlands as the highest three sources of traffiuc to the Statum World web site.
Whoever is definitely working Statum World is probably going dwelling in or on the very least from one in all these three nations.
As all the time, if an MLM firm is just not overtly upfront about who’s working or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
Statum World Merchandise
Statum World has no retailable services or products, with associates solely in a position to market Statum World affiliate membership itself.
The Statum World Compensation Plan
Statum World associates make investments funds on the promise of an marketed ROI:
- Mining – make investments $10 to $200 and obtain a 122.5% ROI after 15 days
- Eco Enterprise – make investments $200 to $1000 and obtain a 133% ROI after 30 days
- Premium – make investments $1001 to $5000 and obtain a 178% ROI after 60 days
- Renewable Vitality – make investments $1000 to $5000 and obtain a 150% ROI after 60 days
Referral Commissions
Statum World pays referral fee through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned instantly underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
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.
Statum World caps payable unilevel group ranges at fifteen.
Referral commissions are paid as a share of funds invested throughout these fifteen ranges as follows:
- base referral fee – 7% on degree 1 (personally recruited associates), 3% on degree 2 and 1% on degree 3
- First Standing (make investments a minimum of $500 and persuade others to speculate a minimum of $10,000) – 7% on degree 1, 4% on degree 2, 2% on degree 3 and 1% on ranges 4 and 5
- Second Standing (make investments a minimum of $1500 and persuade others to speculate a minimum of $40,000) – 8% on degree 1, 4% on degree 2, 2% on degree 3, 1% on ranges 4 and 5 and 0.1% on degree 6 and seven
- Third Standing (make investments a minimum of $3500 and persuade others to speculate a minimum of $100,000) – 8% on degree 1, 4% on degree 2, 2% on ranges 3 and 4, 1% on ranges 5 and 6, 0.5% on degree 7 and 0.1% on ranges 8 and 9
- Fourth Standing (make investments a minimum of $7000 and persuade others to speculate a minimum of $300,000 – 9% on degree 1, 5% on degree 2, 2% on ranges 3 and 4, 1% on ranges 5 and 6, 0.5% on ranges 7 and eight and 0.1% on ranges 9 and 10
- Fifth Standing (make investments a minimum of $7000 and persuade others to speculate a minimum of $300,000) – 9% on degree 1, 5% on degree 2, 3% on degree 3, 2% on ranges 4 and 5, 1% on ranges 6 and seven, 0.5% on degree 8 and 0.1% on ranges 9 to 11
- Sixth Standing (make investments a minimum of $20,000 and persuade others to speculate a minimum of $1,500,000) – 9% on degree 1, 5% on degree 2, 3% on degree 3, 2% on ranges 4 and 5, 1% on ranges 6 and 7a and 0.5% on ranges 8 to 12
- Seventh Standing (make investments a minimum of $50,000 and persuade others to speculate a minimum of $5,000,000) – 10% on degree 1, 5% on degree 2, 3% on degree 3, 2% on ranges 4 and 5, 1% on ranges 6 and seven and 0.5% on ranges 8 to 14
- Eighth Standing (make investments a minimum of $100,000 and persuade others to speculate a minimum of $15,000,000) – 10% on degree 1, 5% on degree 2, 3% on degree 3, 2% on ranges 4 and 5, 1% on ranges 6 and seven and 0.5% on ranges 8 to fifteen
Chief Bonuses
Chief Bonuses are one-time bonuses awarded to Statum World associates who meet referral “standing” qualification standards (as set out above):
- qualify on the First Standing tier and obtain a $100 Chief Bonus
- qualify on the Second Standing tier and obtain a $500 Chief Bonus
- qualify on the Third Standing tier and obtain a $1000 Chief Bonus
- qualify on the Fourth Standing tier and obtain a $2500 Chief Bonus
- qualify on the Fifth Standing tier and obtain a $5000 Chief Bonus
- qualify on the Sixth Standing tier and obtain a $10,000 Chief Bonus
- qualify on the Seventh Standing tier and obtain a $30,000 Chief Bonus
- qualify on the Eighth Standing tier and obtain a $250,000 Chief Bonus
Becoming a member of Statum World
Statum World affiliate membership seems to be free.
To be able to take part within the hooked up earnings alternative nonetheless a minimal $10 funding is required (min $500 for MLM commissions).
Conclusion
Statum World claims to generate exterior ROI income by way of
eco-farms, financing applications for the manufacturing of honey, cereals and different agricultural merchandise grown with “inexperienced” know-how.
Additionally, Statum World is the proprietor of high-tech greenhouses utilizing renewable vitality sources and financial applications geared toward creating massive agricultural complexes, whose industrial actions are targeted on utilizing renewable and environmentally pleasant vitality sources and making use of fashionable, prudent and delicate water applied sciences.
Naturally there’s no verifiable proof offered for any of Statum World’s claims.
Neither is Statum World registered to supply securities in any jurisdiction it operates in.
Moreover Statum World’s claims fail the Ponzi logic take a look at.
If the corporate already has all of this infrastructure in place, such that they’ll legitimately generate a constant return of 178% each 60 days, why does Standing World want your cash?
Logical conclusion? Together with “Eathan Cheng”, Statum World’s claims are completely fictional.
The one verifiable income coming into Statum World is new affiliate funding.
Using new funding to pay current associates a ROI makes Statum World a Ponzi scheme. Fee of commissions on new funding provides a further pyramid layer to the scheme.
As with all Ponzi schemes, as soon as affiliate recruitment dies down so too will new invetsment.
This can starve Statum World of ROI income, ultimately prompting a collapse.
In Statum World’s advertising and marketing materials the corporate references its personal cryptocurrency:
As well as, the corporate’s cryptocurrency statum world coin takes half within the funding course of.
The standing of Statum World Coin is presently unknown. Usually an MLM firm will launch an ICO to clean itself of ROI liabilities.
Generated tokens/cash are generated at little to no price and are then dumped on gullible traders.
The corporate creates an inside alternate for associates to promote to one another by way of, earlier than doing a runner when the interior worth of the token/coin inevitably dumps to $0.
Precise cash invested stays within the fingers of the scammers behind the scheme. Traders are left bagholding nugatory tokens/cash.
Having introduced plans to launch their very own token/coin, count on Statum World’s collapse shortly after it introduced ROI withdrawals will solely be paid in Statum World Coin.