Rapido Run Review – Ponzi Scheme – MLM Scam
Website & Company Information
The web domain of the company was privately registered on the 23rd of June 2020 and was later updated on 2020–07–12. The company provides no information on its website about who owns or runs the company.
At the time of writing this article, Alexa cites India as the top traffic source contributing to a whopping 61.8% traffic share. It is highly likely that the owner of the scheme is based out of India.
As always, if the company is not being transparent about its corporate structure, then you must think twice before handing over your hard-earned money to anonymous people on the internet.
Rapido Run’s Products
The company has no retailable products or services, with affiliates only able to market the affiliate membership itself.
Rapido Run’s Compensation Plan
The affiliates of the company purchase 0.03 ETH positions in a three-tier matrix cycler.
Newly recruited Rapido Run affiliates sign up and pay 0.03 ETH for a position in the three matrices (split 0.01 ETH across each).
Cycler payments generated across all three of Rapido Run’s matrix cyclers are as follows:
Rapido X3
It is a fifteen tier 3×1 matrix cycler. There are a total of three positions that need to be filled, and off those positions, the first two are used to generate payments. The third position payment is passed upline to the affiliate who recruited you.
- Tier 1 — invest in a 0.01 ETH POSITION and get 0.02 ETH, 0.01 ETH is passed upline and generates a new Tier 1 position
- Tier 2 — invest in a 0.02 ETH POSITION and get 0.04 ETH, 0.02 ETH is passed upline and generates a new Tier 2 position
- Tier 3 — invest in a 0.05 ETH POSITION and get 0.1 ETH, 0.05 ETH is passed upline and generates a new Tier 3 position
- Tier 4 — invest in a 0.1 ETH POSITION and get 0.2 ETH, 0.1 ETH is passed upline and generates a new Tier 4 position
- Tier 5 — invest in a 0.2 ETH POSITION and get 0.4 ETH, 0.2 ETH is passed upline and generates a new Tier 5 position
- Tier 6 — invest in a 0.3 ETH POSITION and get 0.6 ETH, 0.3 ETH is passed upline and generates a new Tier 6 position
- Tier 7 — invest in a 0.5 ETH POSITION and get 1 ETH, 0.5 ETH is passed upline and generates a new Tier 7 position
- Tier 8 — invest in a 1 ETH POSITION and get 2 ETH, 1 ETH is passed upline and generates a new Tier 8 position
- Tier 9 — invest in a 2 ETH POSITION and get 4 ETH, 2 ETH is passed upline and generates a new Tier 9 position
- Tier 10 — invest in a 3 ETH POSITION and get 6 ETH, 3 ETH is passed upline and generates a new Tier 10 position
- Tier 11 — invest in a 5 ETH POSITION and get 10 ETH, 5 ETH is passed upline and generates a new Tier 11 position
- Tier 12 — invest in a 10 ETH POSITION and get 20 ETH, 10 ETH is passed upline and generates a new Tier 12 position
- Tier 13 — invest in a 20 ETH POSITION and get 40 ETH, 20 ETH is passed upline and generates a new Tier 13 position
- Tier 14 — invest in a 30 ETH POSITION and get 60 ETH, 30 ETH is passed upline and generates a new Tier 14 position
- Tier 15 — invest in a 50 ETH POSITION and get 100 ETH, 50 ETH is passed upline and generates a new Tier 15 position
Note: Upline payments are only received if an affiliate has invested at that tier. Otherwise, upline payments are paid further upline to the first affiliate who has invested in that tier.
Rapido X4
It is a fifteen tier 3×2 matrix cycler.
Rapido X8
Rapido X8 is a fifteen tier 2×3 matrix cycler.
Get more information at https://drive.google.com/file/d/1C219Mh8SjxT6qabt_oZKUUzb27RqY76n/view
Joining Rapido Run
Joining Rapido Run affiliate membership is tied to a minimum investment position of 0.01 ETH. However, full participation in the attached income opportunity requires a 366.54 ETH position.
Conclusion
Before starting the conclusion, let us get this straight:
Only the Owner make money
The only people who benefit from such schemes are the admins and owners of such projects. They sit on the top of the line with their lions share because they are the first ones who invest in their program before marketing it. This way they see their money getting multiplied by a thousand folds. They are also first to cycle into the upper tiers of the gifting cycler, through which the majority of funds gifted in changes hands.
- Rapido Run’s business model is of Ponzi nature because an initial payment is made on the promise of withdrawing more than was invested.
- The pyramid nature of the company’s business model is all payments within the scheme are tied to recruitment.
Being a smart-contract scam, the company tries to cash-out of the usual “decentralized” nonsense.