Likwel operates within the cryptocurrency MLM area of interest.

Likwel’s web site area (“likwel.com”), was privately registered on September twenty sixth, 2022.

The corporate represents it’s primarily based out of Canada, however solely supplies a digital tackle owned by Regus on its web site.

Likwel’s Canadian digital tackle corresponds to Likweil Restricted, a shell firm purportedly included in Canada on October nineteenth, 2022.

As a result of ease with which scammers are in a position to incorporate shell corporations with bogus particulars, for the aim of MLM due-diligence shell incorporation in any jurisdiction is meaningless.

Heading up Likwel is CEO Hector Miles. No picture of Miles is offered on Likwel’s web site, solely a non-verifiable advertising bio.

My story started in 2010, once I completed my grasp’s diploma, earlier than occurring to complete my postgraduate research in laptop engineering.

Since 2015, I’ve been actively working with company purchasers within the enterprise trade.

We’re nonetheless launched to Miles on Likwel’s official YouTube channel.

Miles is performed by Russian nationwide Anton Kozlov (Антон Козлов).

Not surprisingly, Kozlov doesn’t work within the “enterprise trade”. He’s a kids’s e-book writer from Nizhny Novgorod.

Who really runs Likwel isn’t clear however it’s apparent they’re in or on the very least have ties to Russia.

As at all times, if an MLM firm is just not brazenly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.

Likwel’s Merchandise

Likwel has no retailable services or products.

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

Likwel’s Compensation Plan

Likwel associates make investments tether (USDT). That is completed on the promise of marketed returns, paid each day for 150 days:

• Deal Begin – make investments $50 to $499.01 and obtain 0.55% a day
• Deal 1 – make investments $500 to $2999.01 and obtain 0.8% a day
• Deal 2 – make investments $3000 to $9999.01 and obtain 0.95% a day
• Deal 3 – make investments $10,000 to $29,999.01 and obtain 1.15% a day
• Deal 4 – make investments $30,000 to $59,999.01 and obtain 1.5% a day
• Deal 5 – make investments $60,000 to $99,999.01 and obtain 1.85% a day
• Deal 6 – make investments $100,000 to $999,999.01 and obtain 2.25% a day

“Company Deal” funding plans can be found to Likwel associates who’ve certified at Degree 6 or larger:

• Company Deal 1 – make investments $150,000 or extra and obtain 2.65% a day for 120 days
• Company Deal 2 – make investments $250,000 or extra and obtain 3.3% a day for 90 days
• Company Deal 3 – make investments $500,000 or extra and obtain 4.45% a day for 90 days

Company Deal investments might be solo funded or a combo funded with an affiliate’s downline.

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

Likwel Affiliate Ranks

There are ten affiliate ranks inside Likwel’s compensation plan.

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

1. Degree 1 – enroll as a Likwel affiliate
2. Degree 2 – generate 25,000 USDT in downline funding
3. Degree 3 – generate 75,000 USDT in downline funding
4. Degree 4 – generate 150,000 USDT in downline funding
5. Degree 5 – generate 300,000 USDT in downline funding
6. Degree 6 – generate 500,000 USDT in downline funding
7. Degree 7 – generate 1,000,000 USDT in downline funding
8. Degree 8 – generate 2,000,000 USDT in downline funding
9. Degree 9 – generate 3,000,000 USDT in downline funding
10. Degree 10 – generate 10,000,000 USDT in downline funding

Referral Commissions

Likwel pays referral commissions through a unilevel compensation construction.

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

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

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.

Likwel caps referral commissions down ten unilevel crew ranges.

Referral commissions are paid as a proportion of tether invested throughout these ten ranges primarily based on rank:

• Degree 1 ranked associates earn 9% on stage 1 (personally recruited associates), 5% on stage 2, 3% on stage 3 and a pair of% on stage 4
• Degree 2 ranked associates earn 10% on stage 1, 5% on stage 2, 3% on stage 3, 2% on stage 4 and 1% on stage 5
• Degree 3 ranked associates earn 10% on stage 1, 6% on stage 2, 4% on stage 3, 2% on stage 4 and 1% on ranges 5 and 6
• Degree 4 ranked associates earn 11% on stage 1, 6% on stage 2, 4% on ranges 3 and 4, 2% on stage 5 and 1% on ranges 6 and seven
• Degree 5 ranked associates earn 11% on stage 1, 6% on stage 2, 4% on ranges 3 and 4, 3% on stage 5, 2% on ranges 6 and seven and 1% on stage 8
• Degree 6 ranked associates earn 11% on stage 1, 7% on stage 2, 4% on ranges 3 to five, 3% on ranges 6 and seven and 1% on ranges 8 and 9
• Degree 7 ranked associates earn 12% on stage 1, 7% on stage 2, 4% on ranges 3 to five, 3% on ranges 6 and seven, 2% on ranges 8 and 9 and 1% on stage 10
• Degree 8 ranked associates earn 12% on stage 1, 7% on stage 2, 4% on ranges 3 to five, 3% on ranges 6 to 9 and a pair of% on stage 10
• Degree 9 ranked associates earn 12% on stage 1, 8% on stage 2, 5% on stage 3, 4% on ranges 4 and 5, 3% on ranges 6 to 9 and a pair of% on stage 10
• Degree 10 ranked associates earn 13% on stage 1, 9% on stage 2, 5% on stage 3, 4% on ranges 4 and 5, 3% on ranges 6 to 9 and a pair of% on stage 10

Becoming a member of Likwel

Likwel affiliate membership is free.

Full participation within the connected revenue alternative requires a minimal $50 funding in tether (USDT).

Likwel Conclusion

Likwel represents it generates exterior income through numerous streams:

Likwel is a novel and revolutionary crypto instrument for the plenty.

Our enterprise is mining, cryptocurrency buying and selling, shares, bonds. Situated in Canada, North America.

No proof of Likwel being engaged in any exterior income is offered.

That’s as a result of, like Likwel being primarily based out of Canada and its Boris CEO, Likwel has no supply of exterior income.

At a minimal, Likwel is committing securities fraud by failing to register its passive returns funding scheme with monetary regulators.

This might require Likwel to file periodic audited monetary experiences. They’ll’t do that, as a result of all Likwel is doing is recycling new funding to pay earlier traders.

The underside-line is that if Likwel was in a position to legitimately generate 4.45% a day on constant foundation, they wouldn’t be hiring kids’s e-book publishers to play CEO and, extra importantly, be offering you entry for free of charge.

As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.

This can starve Likwel of ROI income, finally prompting a collapse.

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