AdFeedz: Another Crypto MLM Ponzi Scheme to Stay Far Away From?

AdFeedz is among the most recent crypto projects to get caught up with the due diligence process within the crypto markets right now. The project’s website is fairly shallow and does not provide information on its ownership status.

The AdFeedz domain is only a month old as it was registered at the beginning of November, 2018. Furthermore, AdFeedz recently deleted a marketing domain hosted on its website that was linked to a Skype account registered under “merry makowski”.

According to news sources within crypto, Makowski featured among the pioneer promoters of this project. This was back in November before AdFeedz was officially launched during the same month. So far, Makowski’s Facebook profile has shown that she is based in Ontario, Canada.

Makowski’s involvement in the Crypto world extends to a couple of projects whose fundamentals appear shaky as well. She promoted a crypto pyramid scheme known as ‘Crypto Pros’ and currently an affiliate of CryptoTab Browser. In addition, Makowski’s LinkedIn profile links her to the famous Ponzi ‘MMM Global’.

Going by assumptions, Makowski ‘runs’ AdFeedz since she currently manages the project’s official Facebook account. Speculations point to her using the name ‘Ori Ginex’ in a couple of instances.

The AdFeedz Fundamental

The project is yet to define a specific product that it sells to define its position within the crypto market. At the moment, affiliates can only market this membership to prospective entrants.

AdFeedz affiliates have the option of investing in ‘profit contracts’ worth $29 which come with credits. These are then used for adverts on the website.

AdFeedz ROI Structure

Affiliates joining this project have been promised a 120% return on their investment, a figure that is way above the normal ROI margins. This investment is projected to mature within a period of 50 days.

The project gives an incentive by allocating a referral commission to affiliates who bring in new members. This is set at 10% and is allocated based on the adpacks.

AdFeedz Commission Allocation

Affiliates in this project are paid their commissions based on a unilevel status.

Just like a Ponzi, the structure used by AdFeedz favours an affiliate whom has recruited a team. The recruited members are categorized under level.

The pyramid goes on as level 1 affiliates recruit members whom are eventually placed under them as level 2 affiliates.

Level 2 affiliates can further recruit new members whom will also be placed under the original affiliate tree.

AdFeedz approach is placing 20% of the pioneer 10 levels in a Team pool. This is then split amongst the ten level affiliates as opposed to one individual going home with all the funds. However, one has to have an active profit contract in order to receive the proceeds. One contract is similar to a share and has to be computed every day for pay outs.

AdFeedz Group Pool

Affiliates can capitalize on their positions by joining a group. This will depend on the financial status since it is structured into 3 packages; $1299 for a year, $999 for eight months and $599 for a third of a year.

The benefits of a group pool are a probable ‘group manager’ position which means an added 5% of funds from a specific pyramid tree.

In addition, the project allocates 20% of a group’s investment to a Group Bonus fund. This is eventually distributed to active contract holders on a daily basis. The contracts represent one share held by active members.

AdFeedz Global Pool

Another 20% of the investments are placed under the Global Pool. Its playout process is similar to that of the Group pool whereby payments are made daily on the basis of active contracts. Also, the active contracts within the Global Pool each represent a share.

The Surf Pool

The AdFeedz project allocates 10% of its investment proceeds in a Surf Pool. This targets affiliates visiting websites that are in supply where each visit is rewarded by one share. Affiliates owning these shares are then paid after every 24 hours.

AdFeedz Client Integration

Interested customers can join the project as affiliates at no cost.

One can be allocated some commissions but for full involvement clients are required to purchase the 50-day profit contract.

Summary

Basically, AdFeedz operates like a Ponzi scheme. The project’s approach of recycling funds meant for investment up to a tone of 90% is no different from such schemes.

The $29 profit contracts meant to grow to a 120% ROI are paid through new investments while investors are advised to roll over their returns to another period.

AdFeedz ‘cash back’ term is somehow misused since a proper transaction would mean a good reimbursement percentage for clients. This is not practical as the project will eventually run out funds to sustain the model.

According to the AdFeedz structure, investment return is defined as cash back. The concept may be pseudo-compliant but does not clearly define the grey areas in this project which project it as a Ponzi.

Going by the history of Ponzi schemes, AdFeedz’s mode of recruiting affiliates will inevitably be slower over time. This is where the Ponzi will probably go down as its ROI revenue to pay affiliates will have been affected.

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B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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