SuperOne launched two years in the past as an ethereum sensible contract Ponzi scheme.
The corporate offered SuperOne token lottery tickets for 0.1 ETH every. Lottery winners had been allegedly chosen by “proprietary algorithms”.
On the back-end affiliate buyers had been in a position to spend money on and money out SuperOne tokens, which went up in worth as extra ethereum was invested.
The MLM facet of SuperOne’s enterprise mannequin was pyramid recruitment.
You signed up, spend money on SuperOne tokens and commissions had been paid if you recruited others who did the identical.
Of the 2 billion SuperOne tokens created out of skinny air, founder Andreas Christensen retained half.
SuperOne collapsed shortly after launch, leaving Christensen and preliminary buyers bagholding nugatory tokens.
In an effort to create a chance to unload SuperOne tokens, just a few months in the past the corporate was resurrected.
Similar firm proprietor, similar tokens… however they’ve added a cellular recreation and altered the comp plan up.
Andreas Christensen (proper) is from Norway. Whether or not he’s operating SuperOne from Norway or elsewhere nonetheless is unclear.
SuperOne is included within the UK as “SuperOne Restricted”.
UK incorporation is filth low-cost and successfully unregulated. It’s a favored jurisdiction for scammers seeking to incorporate dodgy corporations.
Christensen was not disclosed because the proprietor of the corporate on SuperOne’s launch web site in 2018.
Two years on and SuperOne’s web site nonetheless fails to offer firm possession and administration info.
In gentle of the relaunch and adjustments to the enterprise, right now we’re revisiting SuperOne for an up to date assessment.
SuperOne’s Merchandise
SuperOne has no retailable services or products, with associates solely in a position to market SuperOne affiliate membership itself.
SuperOne’s Compensation Plan
SuperOne associates spend money on SRX tokens.
- SuperLaunch 100 – make investments $100 and obtain 3000 SRX tokens
- SuperLaunch 1000 – make investments $1000 and obtain 30,000 SRX tokens
- SuperLaunch 5000 – make investments $5000 and obtain 200,000 SRX tokens
- SuperLaunch 10,000 – make investments $10,000 and obtain 460,000 SRX tokens
- SuperLaunch 25,000 – make investments $25,000 and obtain 1,300,000 SRX tokens
- SuperLaunch 50,000 – make investments $50,000 and obtain 3,000,000 SRX tokens
- SuperLaunch 100,000 – make investments $100,000 and obtain 6,600,000 SRX tokens
Commissions are paid on the direct and oblique recruitment of associates who additionally make investments.
SuperOne Affiliate Ranks
There are 9 affiliate ranks inside SuperOne’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Star – recruit two associates who’ve invested
- SuperStar – recruit two Stars
- Director 10K – generate $10,000 in downline funding quantity
- Director 20K – generate $30,000 in downline funding quantity
- Director 30K – generate $100,000 in downline funding quantity
- Director 50K – generate $200,000 in downline funding quantity
- Director 100K – generate $300,000 in downline funding quantity
- Director 150K – generate $500,000 in downline funding quantity
- Legend – generate $1,000,000 in downline funding quantity
Referral Commissions
SuperOne associates are paid 5% of funds invested by personally recruited associates.
Residual Commissions (matrix)
From a SuperOne affiliate’s fourth affiliate, they’re paid 10% of funds invested by associates positioned right into a 3 vast matrix.
A 3 vast matrix locations an affiliate on the high of a matrix, with three positions immediately underneath them.
These three associates are sourced from the primary three recruits of personally recruited associates (from the 4th onward).
The second degree of the matrix is populated by the primary three recruits of the positioned degree 1 associates, and so forth and so forth down a theoretical infinite variety of ranges.
To make clear, every fourth and subsequently personally recruited affiliate generates a brand new 3 vast matrix.
These matrices are crammed by the recruitment effort of associates in that recruitment leg.
Residual Commissions (binary)
A binary compensation construction locations an affiliate on the high of a binary crew, break up into two sides (left and proper):
The primary degree of the binary crew homes two positions. The second degree of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary crew are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary crew are crammed by way of direct and oblique recruitment of associates. Word there isn’t any restrict to how deep a binary crew can develop.
Every week SuperOne tallies up new funding quantity on each side of the binary crew.
Associates are paid 10% of funds invested on the weaker binary crew facet.
- Stars can earn as much as $500 every week
- SuperStars can earn as much as $2000 every week
- Director 10Ks can earn as much as $10,000 every week
- Director 20Ks can earn as much as $20,000 every week
- Director 30Ks can earn as much as $30,000 every week
- Director 50Ks can earn as much as $50,000 every week
- Director 100Ks can earn as much as $100,000 every week
- Director 150Ks can earn as much as $150,000 every week
- Legends can earn as much as $250,000 every week
Matching Bonus
SuperOne pays a flat 30% matching bonus on on commissions earned by personally recruited associates.
An extra 10% match is paid out from the Director 10K rank.
Director 10Ks earn a ten% match paid via unilevel crew generations.
A unilevel compensation construction locations an affiliate on the high of a unilevel crew, with each personally recruited affiliate positioned immediately underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel crew.
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.
Inside a unilevel crew, generations are outlined in every leg by downline Director 10K and better ranked associates.
The primary Director 10K or larger ranked affiliate present in a unilevel crew leg caps off the primary era for that leg.
The second era for that leg begins after them and is capped by one other Director 10K or larger discovered deeper within the leg.
If no such ranked affiliate exists, the second era extends down the total depth of the leg.
Utilizing this era construction, SuperOne associates can earn a ten% match on as much as seven generations per unilevel crew leg.
- Director 10Ks earn a ten% match on one era per leg
- Director 20Ks earn a ten% match on two generations per leg
- Director 30Ks earn a ten% match on three generations per leg
- Director 50Ks earn a ten% match on 4 generations per leg
- Director 100Ks earn a ten% match on 5 generations per leg
- Director 150Ks earn a ten% match on six generations per leg
- Legends earn a ten% match on seven generations per leg
Becoming a member of SuperOne
SuperOne affiliate membership is tied to a minimal $100 funding:
- SuperLaunch 100 – $100
- SuperLaunch 1000 – $1000
- SuperLaunch 5000 – $5000
- SuperLaunch 10,000 – $10,000
- SuperLaunch 25,000 – $25,000
- SuperLaunch 50,000 – $50,000
- SuperLaunch 100,000 – $100,000
There’s additionally a free and $10 tier however these are locked out of MLM commissions.
Conclusion
There’s not a lot to SuperOne’s 2020 reboot.
The tokens associates are investing into are the identical ERC-20 tokens SuperOne launched with in 2018.
SuperOne’s core funding enterprise mannequin is usually the identical:
- spend money on SRX tokens
- the extra individuals make investments the upper SuperOne units the inner SRX token value
- begin cashing out if you suppose you’ve constructed sufficient of an SRX token steadiness
Withdrawals are made via an inner alternate. SuperOne pays withdrawals with subsequently invested funds, retaining the unique 2018 Ponzi mannequin.
The MLM facet of SuperOne continues to be pyramid recruitment too. It’s nothing greater than a monetary incentive to maintain new funding flowing to feed the Ponzi facet of the enterprise.
On the advertising and marketing facet of issues, SuperOne justifies funding fraud by claiming they’re promoting credit for the recycled app recreation (extra on that in a bit).
That is straight pseudo-compliance. It’s no totally different to different MLM crypto Ponzi claiming to promote instructional packages bundled with free tokens.
Nevertheless you wish to costume it up, SuperOne associates are investing in SRX tokens, which the corporate represents will improve in worth.
That is based mostly on nothing greater than continued funding from recruited associates.
Additionally so far as MLM Ponzi schemes go, SuperOne is closely stacked in opposition to common buyers. Extra so than regular.
High buyers and recruiters are given “binary precedence positions”, which implies their binary groups are fed from elsewhere within the firm.
These buyers are additionally supplied with undisclosed “particular phrases” perks:
And when the time involves withdrawals, naturally high recruiters shall be given first dibs on pillaging SuperOne’s invested funds steadiness:
We like to be rewarding, and subsequently we offer an unique double bonus for buyers within the first $1 million of the $10 million early spherical.
That is your likelihood to safe your self some extra additional beneficial tokens.
We’ll open for early buyers to completely liquidate their positions at a token value of $1 per token.
At this level, you’ll as an early investor have the ability to promote your tokens with an enormous upside.
In case you had been recruited by certainly one of these high irecruiters, you and everybody else shall be thrown no matter’s left after the highest canines have drained the trough.
The opposite vital change from SuperOne’s 2018 launch is the sport app. The lottery malarkey has been changed with a pre-school venture tier swipe trivia app.
I’m not exaggerating. SuperOne’s app throws up a photograph and potential title. Customers then swipe left or proper to substantiate or reject whether or not the subject material matched the supplied title.
That’s it.
Now earlier than individuals who’ve already invested in SuperOne rush to throw out cliches like “pOtEnTiAl” and “GiVe It A cHanCe!”, let’s check out Andreas Christensen’s different firm, Mowjow.
Mowjow launched in 2013 and as per the corporate’s web site:
Since our preliminary launch, we have now developed and revealed a portfolio of visible quiz recreation codecs which can be designed to enchantment to a broad international viewers of smartphones and pill customers who play our browser-based net purposes or set up our video games via direct-to-consumer digital storefronts.
Seven years on, how did that go?
As I write this Mowjow has didn’t launch a profitable recreation app. The corporate’s present Alexa visitors rating sits at 3.7 million, which is pretty much as good as lifeless.
SuperOne is only a repurposed Mowjow recreation. The ruse is that now, for no specific purpose, swiftly the corporate’s trivia app shall be a runaway success.
In actuality no one will use the trivia app exterior of SuperOne itself. And even then just for advertising and marketing promo movies.
There isn’t any profitable monitor file behind Mowjow. Thus the solely factor propping SuperOne up is funding fraud.
Which is the very same premise the corporate first launched on in 2018.
Even SuperOne’s failed 2018 Ponzi launch wasn’t Andreas Christensen’s first crypto fraud rodeo. In early 2018, previous to SuperOne’s launch, Christensen was flogging a Mowjow ICO to Japanese buyers.
It flopped simply as laborious as Mowjow itself and SuperOne’s first iteration.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies off so too will new funding.
It will starve SuperOne of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that almost all of individuals lose cash.