MLM News Hubb
Advertisement
  • Home
  • Marketing
  • Multi Level Marketing News
  • Contact us
No Result
View All Result
  • Home
  • Marketing
  • Multi Level Marketing News
  • Contact us
No Result
View All Result
MLM News Hubb
No Result
View All Result
Home Multi Level Marketing News

Futuria Review: BUSD smart-contract pyramid scheme

admin by admin
January 10, 2023
in Multi Level Marketing News


Futuria fails to provide ownership or executive information on its website.

Futuria’s website domain (“futuria.app”), was privately registered in Europe on September 21st, 2022.

Futuria.app’s official marketing videos are “hosted” by an AI generated character. This is typical of scammers from non-native English speaking countries.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Futuria’s Products

Futuria has no retailable products or services.

Affiliates are only able to market Futuria affiliate membership itself.

Futuria’s Compensation Plan

Futuria affiliates buy into a pyramid scheme run through a smart-contract. Costs are not disclosed.

What we do know is there’s an MLM compensation plan attached to Futuria affiliate fee payments.

Futuria Affiliate Ranks

There are five affiliate ranks within Futuria’s compensation plan.

Qualification criteria is not provided.

Referral Commissions

Futuria pays a referral commission on fees paid by personally recruited affiliates.

  • Rank 1 affiliates earn a 20% referral commission rate
  • Rank 2 affiliates earn a 22% referral commission rate
  • Rank 3 affiliates earn a 25% referral commission rate
  • Rank 4 affiliates earn a 27% referral commission rate
  • Rank 5 affiliates earn a 30% referral commission rate

Residual Commissions

Futuria pays referral commissions via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.

At the end of each week Futuria tallies up new fees paid on both sides of the binary team.

Affiliates are paid 10% to 20% of fees paid in on their weaker binary team side. Exact percentages between 10% and 20% are determined by rank but are not specified.

On top of regular residual commissions a bonus of up to 10% is available. I believe this is tied to rank but again, specifics aren’t provided.

Matching Bonus

Futuria pays a 10% matching bonus on commissions earned by personally recruited affiliates.

Bonus Pool

Futuria sets aside 3% of company-wide fees paid in to fund a Bonus Pool.

The Bonus Pool is shared each month with “highest motivated rank” affiliates.

Joining Futuria

Futuria affiliate membership costs are not disclosed.

Futuria Conclusion

Futuria is a simple pyramid scheme, run through cryptocurrency and a smart-contract.

In an effort to sell you a scam, Futuria trots out a plethora of crypto jargon marketing.

Futuria builds and develops initiatives in the Technological &Social, Hypersonic, and Metaverse Blockchain space.

We do believe in Metaverse, and electronic web3 e-commerce. We will implement new solutions to cross-chains and attract new users with partnerships in attractive markets.

None of the above has anything to do with Futuria’s business model or MLM opportunity.

As with all MLM pyramid schemes, once affiliate recruitment dries up so too will fee payments.

This will stall commissions paid out, eventually triggering a collapse.

The math behind pyramid schemes guarantees the majority of participants lose money.





Source link

Previous Post

The Real Sacrifices You Have to Make by Brandon Cunningham

Next Post

13 Most Lucrative Side Hustles for Millennial Workers

Next Post

13 Most Lucrative Side Hustles for Millennial Workers

Recommended

Should Marketers Use Pop-Up Forms? A Comprehensive Analysis

October 14, 2022

How to Determine Your A/B Testing Sample Size & Time Frame

November 2, 2022

How Forrest Webber Grew to $40k Per Month After Replacing Rental Properties With Websites

February 1, 2023

Which SEO Metrics Matter Most to Marketing Leaders, According to Semrush’s VP of Brand Marketing

October 31, 2022

Don't miss it

Marketing

What Challenges Does a PIM System Solve For Retailers

February 2, 2023
Marketing

Exploring the Latest Trends in Digital Marketing Technology

February 2, 2023
Multi Level Marketing News

Go Global Review: Collapsed OmegaPro Ponzi rebooted

February 2, 2023
Multi Level Marketing News

How Megan George got 100 Customers in a Month in using Tiktok

February 2, 2023
What Is It & How Is It Beneficial? [+ Examples]
Marketing

What Is It & How Is It Beneficial? [+ Examples]

February 2, 2023
Marketing

Set Your Data Free With Web3

February 1, 2023
Marketing

How Forrest Webber Grew to $40k Per Month After Replacing Rental Properties With Websites

February 1, 2023
Multi Level Marketing News

John DeMarr sentenced to 5 years in prison for Krstic fraud

February 1, 2023
Multi Level Marketing News

How to Attract Good Prospects for Your Business by Edwin Haynes

February 1, 2023
Marketing

How to Use Black-Owned Banks to Start Your Business

February 1, 2023

© 2022 MLM News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Marketing
  • Multi Level Marketing News
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • Marketing
  • Multi Level Marketing News
  • Contact us

© 2022 MLM News Hubb All rights reserved.