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

Infiniteline Global Review: “Cryptomining algorithm” Ponzi scheme

admin by admin
April 23, 2023
in Multi Level Marketing News


Infiniteline Global fails to provide ownership or executive information on its website.

Infiniteline Global’s website domain (“infinitelineglobally.com”), was registered on May 18th, 2022.

Ebenezer Chukwuebuka is listed as the owner, through an address in Rivers, Nigeria.

The email address used to register Infiniteline Global’s website starts with “thatmayodude”.

This appears to correspond to Mayo-San, a musical artist from Nigeria.

Although it appears to be operated from Nigeria, Infiniteline Global claims it’s

a leading global conglomerate made up of subsidiaries … founded and established in Switzerland with corporate offices in the UK.

Also despite only existing for a few months at best, Infiniteline Global falsely claims it was “founded in 2020”.

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.

Infiniteline Global’s Products

Infiniteline Global has no retailable products or services.

Affiliates are only able to market Infiniteline Global affiliate membership itself.

Infiniteline Global’s Compensation Plan

Infiniteline Global solicits investment on the promise of advertised returns:

  • Welcome Line – invest $99 to $4999 and receive 1.5% or 2% if no withdrawals are made
  • Power Line – invest $5000 to $14,999 and receive 2.5% or 4% if no withdrawals are made
  • Ultimate Line – invest $15,000 to $39,999 and receive 3.5% or 4% if no withdrawals are made
  • Infinite Gold – invest $40,000 or more and receive 15% or 15.5% if no withdrawals are made

Infiniteline Global’s website fails to specify how frequently returns are paid and whether there’s a cap.

The MLM side of Infiniteline Global pays on recruitment of affiliate investors.

Infiniteline Global pays referral commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Infiniteline Global caps payable unilevel team levels at four.

  • recruit one affiliate to unlock referral commissions on level 1
  • recruit three affiliates to unlock referral commissions on level 2
  • recruit five affiliates to unlock referral commissions on level 3
  • recruit ten affiliates to unlock referral commissions on level 4

Once qualified for, Infiniteline Global pays referral commissions across four levels as follows:

  • level 1 (personally recruited affiliates) – 2%
  • level 2 – 4%
  • level 3 – 8%
  • level 4 16%

Joining Infiniteline Global

Infiniteline Global affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $99 investment.

Infiniteline Global Conclusion

Infiniteline Global represents it generates external revenue through crypto buzzwords.

Infiniteline Global is funding the construction of new powerful mining farms and also engaged in application development of new cryptomining algorithms.

No evidence of Infiniteline Global running mining farms or having anything to do with “cryptomining algorithms” is provided.

Furthermore, Infiniteline Global’s business model fails the Ponzi logic test.

If the company is already able to generate 15% (a day?), what does Infiniteline Global need your money for? And things get even more ridiculous with marketing claims like this on Infiniteline Global’s website:

Infiniteline Global has raised EUR 61 billion of Assets.

As it stands the only verifiable source of revenue entering Infiniteline Global is new investment.

Using new investment to pay affiliate withdrawals makes Infiniteline Global a Ponzi scheme. Commissions paid on affiliate recruitment adds an additional pyramid layer to the scheme.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Infiniteline Global of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.





Source link

Previous Post

The 12 Best Social Media Analytics Tools for Marketers in 2023

Next Post

This 44-Year-Old Earns $8k/Month From His Site Working Just 4 Hours Per Day

Next Post

This 44-Year-Old Earns $8k/Month From His Site Working Just 4 Hours Per Day

Recommended

How Bjork Ostrom Gets 5 Million Pageviews Per Month & Built a Food Blogging Business Empire With SEO

November 30, 2022

How KK Ezekiel Earns $18k Per Month From A Troubleshooting-Tech Blog

November 3, 2022

The Ultimate Guide To Selling Your Blog For Profit

February 28, 2023

Why Digital Assets are Becoming the Future of Passive Income | by Preston Yadegar | ILLUMINATION | Feb, 2023

February 27, 2023

Don't miss it

Marketing

Improve Writing & Cure Writer’s Block

May 26, 2023
Multi Level Marketing News

Generation Zoe lawyer Gustavo Saavedra pleads guilty

May 26, 2023
Marketing

How to Recruit Top Talent Using an Inbound Framework

May 26, 2023
Marketing

The Challenges of Customer Lifetime Value (CLV)

May 25, 2023
Marketing

How do blogs make money in 2023?

May 25, 2023
Multi Level Marketing News

MTI’s top net-winners summoned to pay back ~$242 million

May 25, 2023
Marketing

The Complete Guide to Empathetic Marketing

May 25, 2023
Marketing

The Top Ecommerce SEO Trends for 2023

May 24, 2023
Marketing

Black Panther’ Is Now the 10th Highest-Grossing Film in U.S. History

May 24, 2023
Multi Level Marketing News

FTC seeking info from IM Mastery Academy’s Matthew Thayer

May 24, 2023

© 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.