KryptoGlobe Review – Ponzi Scheme – MLM Scam

Website & Company Information

The website (“kryptoglobe.com”) provides no legal information of the company. We do not know where the company was incorporated, and its operations are regulated under which regional regulatory body.

Note: The company falsely claims to be registered in Germany.

The domain was registered in November 2019 — the details of the domain owner are kept private.

The management team listed on the website is fake, and the photos being used on the site are stock images.

KryptoGlobe’s — Products | Compensation Plan | Affiliate Ranks

Products

The company has no products or services to market. Their business model is simple — affiliates pump users into the system to get rewards, the users pump more users into the system as affiliates to get rewards — this runs in a loop.

Compensation Plan

KryptoGlobe features its exclusive 4ArtCoin. The company’s affiliates buy 4ArtCoin using cryptocurrencies, and they receive commissions in cryptocurrency when their recruits do the same.

The company pays commissions to its affiliates via a uni-level compensation structure.

Any person who joins the system becomes an affiliate, and a uni-level compensation stricture places that person at the top of a uni-level team.

If the person recruits new people, then they are placed at Level 1 under them. If level 1 hires new people, then those new recruits automatically get placed as Level 2 of the original affiliates uni-level team.

In the case of KryptoGlobe, the process goes on to five levels. 
Different amounts of commissions are paid out to different levels, these are:

  • level 1 (personally recruited affiliates) — 10%
  • level 2–4%
  • level 3–3%
  • level 4–2%
  • level 5–1%

Reward Bonuses

  • Generate EUR 50,000 worth of investment in the company’s native coin and get 1000 4ArtCoin in bonus
  • Generate EUR 100,000 worth of investment in the company’s native coin and get 2000 4ArtCoin in bonus

Conclusion

The company works under the “Cryptocurrency Investment” niche and markets itself as a well-diversified firm.

The owners of the company are anonymous as they are using fake ids and photos. The address of the company also appears to be false.

The website wants to make “every holder millionaire.” — an outright PONZI SCAM STATEMENT.

Their coin has nothing to do with Art as the website claims that the company aims to reform the Art industry. It is just making the owners of the company rich.

Their business model is simple; affiliates signs up — invests in the coins — gets a commission to refer others, and the cycle goes on.

This is a classic pyramid scheme!