SolaRoad fails to supply possession or govt info on its web site.

SolaRoad’s web site area (“solaroad.io”), was privately registered on March sixteenth, 2023.

SolaRoad do present govt info offsite on their GitHub web page:

SolaRoad’s three featured executives are all purportedly primarily based within the US. Naturally none of them exist exterior of not too long ago created LinkedIn profile.

“John Elways” is introduced as having held “senior administration positions” at Hewlett Packard.

This ties into SolaRoad claiming HewLett Packard is “one of many initiators of” their SolaDigital Basis.

I couldn’t discover any hyperlinks between Hewlett Packard and SolaRoad or SolaDigital Basis.

Hewlett Packard isn’t the one firm identify SolaRoad falsely claims affiliation with:

Whereas I wasn’t in a position to get names for the actors enjoying SolaRoad’s executives, I did land a couple of hits tying “John Elways” to Thailand.

This corresponds to SolaRoad holding a staged advertising and marketing occasion in Thailand final month (bear in mind the corporate has solely existed for lower than 3 months):

SolaRoad’s three govt actors have been all current on the occasion, which appeared to be aimed toward south-east Asian traders.

SolaRoad’s advertising and marketing movies characteristic “AI Ocean”, though this branding isn’t current on their web site.

One clue as to who’s really behind SolaRoad could be discovered on this staged influencer advertising and marketing video:

The 2 actors within the video, introduced as social media influencers with hundreds of thousands of followers, each have distinct japanese European accents. So do all of the extras.

Notably, once more none of SolaRoad’s introduced three executives are within the video. Bit odd contemplating it’s speculated to be a a “go to to Sola Digital Basis Headquarters”.

I can’t say for certain however SolaRoad is probably going being run by Russians and/or Ukrainians – both from Thailand or working with associates in Thailand.

Mentioned associates possible have ties to China, as evidenced by SolaRoad’s Could fifteenth Macau advertising and marketing occasion registration kind:

That is out there on the area “solaroad.professional”, privately registered on April twenty fifth.

As all the time, if an MLM firm shouldn’t be brazenly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.

SolaRoad’s Merchandise

SolaRoad has no retailable services or products.

Associates are solely in a position to market SolaRoad affiliate membership itself.

SolaRoad’s Compensation Plan

SolaRoad associates make investments $100 or extra value of tether (USDT) in ACoin.

SolaRoad converts ACoin into SOD token, which it then pays out a 1.5% every day return on.

The MLM aspect of SolaRoad pays on recruitment of affiliate traders.

SolaRoad Affiliate Ranks

There are seven affiliate ranks inside SolaRoad’s compensation plan.

Together with their respective qualification standards, they’re as follows:

• Group Node 1 – persuade others to speculate 5000 USDT
• Group Node 2 – persuade others to speculate 30,000 USDT
• Group Node 3 – persuade others to speculate $150,000 USDT
• Group Node 4 – persuade others to speculate $500,000 USDT
• Group Node 5 – persuade others to speculate $1,500,000 USDT
• Group Node 6 – persuade others to speculate $4,500,000 USDT
• Group Node 7 – persuade others to speculate $13,500,000 USDT

Referral Commissions

SolaRoad pays an 8% referral fee down two ranges of recruitment.

Referral commissions are paid on tether invested by recruited associates throughout these two ranges.

Rank Achievement Bonuses

SolaRoad rewards associates for qualifying at Group Node 1 and better with the next Rank Achievement Bonuses:

• qualify at Group Node 1 and obtain a ten% every day ROI
• qualify at Group Node 2 and obtain a 20% every day ROI
• qualify at Group Node 3 and obtain a 30% every day ROI
• qualify at Group Node 4 and obtain a 40% every day ROI
• qualify at Group Node 5 and obtain a 50% every day ROI
• qualify at Group Nofe 6 and obtain a 60% every day ROI
• qualify at Group Node 7 and obtain a 70% every day ROI

What I’m not 100% clear on is whether or not the return is paid as a proportion of downline returns, or specified quantities hooked up to the ranks.

This isn’t going to assist a lot however right here’s SolaRoad’s convoluted crypto jargon rationalization;

In SolaRoad group system, SolaDigital basis establishes tremendous computing system group contribution award.

Each computing of group member hyperlink will generate a contribution worth. When the group member owns the identification of group node 1, the member can get hold of the tremendous computing system contribution award.

The bigger the group system contribution worth is, the better the return is.

I do know, my eyes glazed over after the primary sentence too.

Within the occasion the required returns are paid on the hooked up USDT quantities, right here they’re for every rank:

• Group Node 1 – 500 USDT
• Group Node 2 – 1000 USDT
• Group Node 3 – 3000 USDT
• Group Node 4 – 6000 USDT
• Group Node 5 – 10,000 USDT
• Group Node 6 – 15,000 USDT
• Group Node 7 – 20,000 USDT

Be it a proportion of downline “staking” returns or the above quantities, there doesn’t look like any restrict to the Rank Achievement Bonus.

Rank Matching Bonus

Group Node 1 and better ranked SolaRoad associates earn a 2% match on Rank Achievement Bonus earnings on their downline.

The Rank Achievement Bonus Match is paid out by way of a unilevel compensation construction.

A unilevel compensation construction locations an affiliate on the high of a unilevel workforce, with each personally recruited affiliate positioned immediately underneath them (stage 1):

If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel workforce.

If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.

SolaRoad caps the Rank Matching Bonus at ten unilevel workforce ranges.

Becoming a member of SolaRoad

SolaRoad affiliate membership is free.

Full participation within the hooked up earnings alternative requires a minimal $100 funding in tether.

SolaRoad Conclusion

SolaRoad is a straightforward 1.5% a day “staking” mannequin Ponzi scheme.

That is wrapped up in copious quantities of AI advertising and marketing waffle.

It’s an apparent try and grift onto the latest AI explosion.

The truth nevertheless is SolaRoad has nothing to do with AI. In truth their advertising and marketing materials states they received’t have something to indicate till 2025.

SolaRoad principal community is predicted to be launched in 2 years. It can turn into an important infrastructure within the period of computing, develop API interface and connect with world computing cluster server.

Breaking down SolaRoad’s Ponzi scheme, we now have a shitcoin and a shittoken.

There are 1 billion ACoins, which serves as a manner of measuring funding in and withdrawals. Then you might have SOD, by which funding balances and returns are calculated on.

SolaRoad’s fraudulent funding scheme works till invested tether is exhausted, at which level SolaRoad collapses.

The maths behind Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.