GoodbuyKK fails to provide ownership or executive information on its website.
GoodbuyKK’s website domain (“goodbuykk.com”), was privately registered on March 3rd, 2023.
If we look at GoodbuyKK’s website source-code, we find Chinese:
This strongly suggests whoever is running GoodbuyKK has ties to China.
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.
GoodbuyKK has no retailable products or services.
Affiliates are only able to market GoodbuyKK affiliate membership itself.
GoodbuyKK’s Compensation Plan
GoodbuyKK affiliates invest tether (USDT). This is done on the promise of a passive return:
- VIP0 – invest 50 USDT and receive 2.5 USDT a day
- VIP1 – invest 100 USDT and receive 5 USDT a day
- VIP2 – invest 300 USDT and receive 15 USDT a day
- VIP3 – invest 1000 USDT and receive 50 USDT a day
- VIP4 – invest 3000 USDT and receive 150 USDT a day
GoodbuyKK pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 6%
- level 2 – 4%
- level 3 – 2%
GoodbuyKK affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 50 USDT investment.
GoodbuyKK is yet another “click a button” app Ponzi scheme.
GoodbuyKK’s “click a button” Ponzi ruse is placing orders with online retailers.
Broken down, GoodbuyKK’s ruse sees affiliates log in and click a button (up to nine clicks a day). This button clicking purportedly generates revenue via product orders with online retailers.
GoodbuyKK receives a commission from the orders, which it then shares with affiliates.
If that makes no sense it’s because it doesn’t. Randoms click a button in an app doesn’t equate to genuine customer orders placed with online retailers.
In reality clicking a button inside GoodbuyKK does nothing. All GoodbuyKK is doing is recycling newly invested funds to pay earlier investors.
GoodbuyKK is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Including GoodbuyKK, BehindMLM has thus far documented fifty-nine “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.