Kaching Fund: Safe Cryptocurrency Investment Package Offer?
Kaching Fund is a new investment site that is driven by artificial intelligence. According to the site, it is the first investment fund that utilizes cryptocurrency and blockchain technology. According to their site, Kaching Fund was established with one goal in mind, to build a decentralized and transparent network for the people.
According to the site, Kaching Fund is run and operated by Mr. James Brown. There is no further information about who Mr. Brown is or if he has had other business ventures outside Kaching Fund. While Mr. Brown is represented by an image, it is apparent that the photo of Mr. Brown is a stock image.
With no further information about Mr. Brown or his qualifications for starting an investment fund, it becomes a possibility that Mr. Brown doesn't actually exist. There are no accomplishments or social media sites to give further review or credit to Mr. Brown. According to Who.is, the site was registered on May 5, 2018, to an unknown owner and/or company.
The website does offer means for contacting the Kaching Fund and provides a foreign phone number along with a generic contact form.
Kaching Fund does not offer any tangible products. Nor will you find any services offered on the website. Affiliates for Kaching Fund can only promote and market the affiliate membership that Kaching Fund has displayed.
There are three levels that an affiliate can sign up under. The first is the “Silver” platform that requires a deposit of $100-$9,999. According to the site, an affiliate who invests within this bracket can earn 1.5% daily on their investment for 200 days. The second investment package is the “Gold” level which requires a deposit of $10,000-$49,000 to earn 1.75% daily on their investment for 200 days. The third level is the “Platinum” which is for those investing $50,000 or more. With this package, you can earn 2% daily for your investments for a duration of 200 days.
For those affiliates who promote Kaching Fund, they can earn 10% commission from people they personally recruit. Along with recruiting new affiliates to Kaching Fund, an affiliate can earn residual commissions through a binary compensation plan that places the affiliate at the top of the ladder which is then split into two groups.
The way the compensation plan works is for affiliates to simply recruit two people to work directly under them. Then, those two members find two to fall under them thus building the platform for residual income. Now, according to which level the lead affiliate is under, determines how much they can earn through the recruitment process.
For those who have signed up as “Silver” members, they can earn up to $2,500 per day. Those under the “Gold” could see up to $5,000 a day, while members in the “Platinum” status are looking at $10,000 a day. All of which depends on how deep their compensation structure goes and how many people they have recruited to be under them.
The cost for joining the Kaching Fund is free, however, if you are looking to make any money, you have to invest at least $100 and begin recruiting others to do the same.
Kaching Fund Conclusion
There are a lot of red flags that come up when reviewing the Kaching Fund. The first significant issue is the lack of information about Mr. Brown. The site does not give any relevance to his experience with investing and doesn't offer a track record. The fact that most of the images used on the site are stock images provides little reassurance that this is a reliable company to invest with.
The second major issue is the claims the company states on their website about having 100,000,000 investors from around the globe. Because the site has only been registered since May 2018, the chances of having that many people backing them is unlikely.
The site uses a lot of terminologies to show their intelligence. However, using buzz words like “artificial intelligence” and “cryptocurrency” to get visitors attention doesn't mean they actually utilize these systems. The site is based on affiliates recruiting others to invest. There is no A.I that goes into that and with their site stating the affiliates invest with dollars and not Bitcoins or other cryptocurrencies, just shows they are trying too hard.
All in all, Kaching Fund is a site with its sole purpose of recruiting other people to invest in a program that doesn't offer any reliable returns on investments. The only way anyone will make money is by getting someone else to invest, and only then will they see 10% back on their original investment.
Of course, if you happened to have a huge following willing to throw money into the pot, then you might be able to earn something with Kaching Fund. But for the rest of us, it is best to steer clear.