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Gameas gives no data on its web site about who owns or runs the corporate.
The corporate’s web site serves solely as a signup type for recruited associates. Present Gameas associates are additionally in a position to log in.
Gameas’ web site area (“gameas.org”) was first registered in April 2020. The non-public registration was final up to date on March third, 2021.
Gameas’ present web site went stay in April 2021. This implies the corporate’s homeowners took possession of the area in March.
Alexa presently ranks the highest sources of site visitors to Gameas’ web site as Panama (34%), Cameroon (15%) and Ecuador (10%).
I observed Gameas’ official compensation plan makes use of intervals to indicate $1000s as a substitute of commas.
This can be a commonplace seen sometimes in non-English talking nations. It suggests whoever is working Gameas isn’t from a local English talking nation.
On official Gameas webinars, the person on the precise is represented as Gameas’ CEO.
With a little bit of analysis I used to be in a position to establish this particular person as Dionisio Simoes.
In response to Simoes’ official LinkedIn profile he’s primarily based out of Lisboa, Portugal.
As per social media posts associated to Gameas, in early Might Simoes’ traveled to Dubai.
Though there has at all times been MLM associated fraud within the UAE, since 2020 particularly Dubai has emerged as a protected haven for MLM scammers.
As of Might thirtieth Simoes remains to be within the UAE. Within the newest Gameas webinar I may discover Simoes talks about opening a “head workplace” in Dubai.
As at all times, if an MLM firm shouldn’t be brazenly upfront about who’s working or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
Gameas’ Merchandise
Gameas has no retailable services or products.
Associates are solely in a position to market Gameas affiliate membership itself.
Gameas’ Compensation Plan
Gameas associates make investments bitcoin on the promise of an marketed 200% ROI.
Gameas’ official compensation materials states the 200% ROI is paid out at a fee of 4% every day.
- Pack 10 – $10
- Pack 25 – $25
- Pack 50 – $50
- Pack 100 – $100
- Pack 200 – $200
- Pack 300 – $300
- Pack 500 – $500
- Pack 1000 – $1000
- Pack 2000 – $2000
- Pack 3000 – $3000
- Pack 5000 – $5000
Word that though quoted funding quantities are in USD, Gameas solely solicits funding in bitcoin.
Presumably this implies Gameas additionally pay out returns and all commissions in bitcoin too.
The MLM facet of Gameas sees commissions paid on recruitment of affiliate buyers.
Recruitment Commissions
Gameas associates earn 12% of bitcoin invested by personally recruited associates.
Residual Commissions
Gameas pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary group, cut up into two sides (left and proper):
The primary degree of the binary group homes two positions. The second degree of the binary group is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary group are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary group are stuffed through direct and oblique recruitment of associates. Word there isn’t any restrict to how deep a binary group can develop.
On the finish of every day Gameas tallies up new funding quantity on either side of the binary group.
A 12% residual fee is paid on funds invested on the weaker binary group facet.
Word that Gameas caps every day residual commissions primarily based on how a lot an affiliate has invested:
- Pack 10 associates can earn as much as $10 in residual commissions every day
- Pack 25 associates can earn as much as $25 in residual commissions every day
- Pack 50 associates can earn as much as $50 in residual commissions every day
- Pack 100 associates can earn as much as $100 in residual commissions every day
- Pack 200 associates can earn as much as $200 in residual commissions every day
- Pack 300 associates can earn as much as $300 in residual commissions every day
- Pack 500 associates can earn as much as $500 in residual commissions every day
- Pack 1000 associates can earn as much as $1000 in residual commissions every day
- Pack 2000 associates can earn as much as $2000 in residual commissions every day
- Pack 3000 associates can earn as much as $3000 in residual commissions every day
- Pack 5000 associates can earn as much as $5000 in residual commissions every day
As soon as weaker binary group quantity is paid out on, it’s matched in opposition to the robust binary group facet and flushed.
Any leftover quantity on the stronger binary group facet carries over.
Rank Achievement Bonus
Gameas rewards associates with bonuses for producing accrued weaker binary group facet funding quantity.
- generate $150,000 in accrued weaker binary group facet quantity and obtain $1000
- generate $300,000 in accrued weaker binary group facet quantity and obtain $2000
- generate $500,000 in accrued weaker binary group facet quantity and obtain a “premium smartphone” valued at $1000
- generate $750,000 in accrued weaker binary group facet quantity and obtain a Macbook valued at $1500
- generate $1,500,000 in accrued weaker binary group facet quantity and obtain a bike valued at $5000
- generate $3,000,000 in accrued weaker binary group facet quantity and obtain a Chevrolet Onix
- generate $,5000,000 in accrued weaker binary group facet quantity and obtain a Toyota Corolla
- generate $10,000,000 in accrued weaker binary group facet quantity and obtain and obtain a Mercedes Benz A180
- generate $25,000,000 in accrued weaker binary group facet quantity and obtain a Mercedes Benz GLC
- generate $50,000,000 in accrued weaker binary group facet quantity and obtain a BMW 180
- generate $100,000,000 in accrued weaker binary group facet quantity and obtain a “mansion” valued at $250,000
Becoming a member of Gameas
Gameas affiliate membership is tied to an preliminary $10 to $5000 funding paid in bitcoin.
Word that after a 200% ROI is reached, reinvestment is required to proceed incomes.
Conclusion
Gameas represents it generates exterior income through
one of the best group of merchants in cryptocurrencies, foreign exchange, arbitration and multimarket.
I do not know what a “multimarket” is however buying and selling is the commonest ruse utilized by MLM crypto Ponzi schemes.
Gameas gives no proof of buying and selling or some other exterior income.
Moreover Gameas is kind of upfront about providing a passive funding alternative:
That is vital, as a result of passive funding MLM alternatives are a securities providing.
Gameas fails to supply proof it has registered its securities providing in any jurisdiction.
Which means that at a minimal Gameas is committing securities fraud. Securities fraud is prohibited the world over.
Because it stands the one verifiable income getting into Gameas is new funding.
Utilizing new funding to pay current associates 4% a day makes Gameas a Ponzi scheme.
Paying commissions on affiliate investor recruitment provides an extra pyramid layer.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Gameas of ROI income, ultimately prompting a collapse.
Feedback left on Gameas’ official Fb web page counsel this occurred two weeks in the past:
The maths behind Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.
TL;DR: Don’t ship bitcoin to scammers on the not possible promise of 4% a day.
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