Fortunate Ape fails to supply possession or government info on its web site.
Fortunate Ape’s web site area (“luckyape.ai”), was privately registered on August twenty fourth, 2023.
As at all times, if an MLM firm just isn’t brazenly upfront about who’s operating or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
Fortunate Ape’s Merchandise
Fortunate Ape has no retailable services or products.
Associates are solely in a position to market Fortunate Ape affiliate membership itself.
Fortunate Ape’s Compensation Plan
Fortunate Ape associates make investments USD equivalents in cryptocurrency.
That is performed on the promise of marketed returns:
- Bonobo Ape – make investments $200 to $1499 and obtain 1.5% a day for 80 days
- Orangutan Ape – make investments $1500 to $2999 and obtain 2% a day for 80 days
- Gorilla Ape – make investments $3000 or extra and obtain 2.5% a day for 80 days
The MLM aspect of Fortunate Ape pays on recruitment of affiliate traders.
Fortunate Ape Affiliate Ranks
There are six ranks inside Fortunate Ape’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Rank 1 – generate $40,000 in personally recruited affiliate funding quantity
- Rank 2 – generate $100,000 in personally recruited affiliate funding quantity
- Rank 3 – generate $200,000 in personally recruited affiliate funding quantity
- Rank 4 – generate $500,000 in personally recruited affiliate funding quantity
- Rank 5 – generate $1,000,000 in personally recruited affiliate funding quantity
- Rank 6 – generate $3,000,000 in personally recruited affiliate funding quantity
Referral Commissions
Fortunate Ape pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned straight below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Fortunate Ape caps payable unilevel group ranges at seven. Referral commissions are paid out as a share of cryptocurrency invested throughout these seven ranges as follows:
- degree 1 (personally recruited associates) – 7%
- degree 2 – 6%
- degree 3 – 5%
- degree 4 – 4%
- degree 5 – 3%
- degree 6 – 2%
- degree 7 – 1%
Rank Achievement Bonus
Fortunate Ape rewards associates for qualifying at Rank 1 and better:
- qualify at Rank 1 and obtain $2000
- qualify at Rank 2 and obtain $5000
- qualify at Rank 3 and obtain $8000
- qualify at Rank 4 and obtain $15,000
- qualify at Rank 5 and obtain $60,000
- qualify at Rank 6 and obtain $150,000
Becoming a member of Fortunate Ape
Fortunate Ape affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $200 funding.
Fortunate Ape solicits funding in varied cryptocurrencies.
Fortunate Ape Conclusion
Fortunate Ape represents it generates exterior income through AI bot cryptocurrency buying and selling.
Put money into digital belongings and cryptocurrencies with our revolutionary AI expertise.
No verifiable proof of Fortunate Ape utilizing exterior income to pay withdrawals is offered.
Moreover, Fortunate Ape’s enterprise mannequin fails the Ponzi logic check.
If Fortunate Ape already has AI buying and selling bots producing 2.5% a day, what do they want your cash for?
Because it stands the one verifiable income getting into Fortunate Ape is new funding.
Utilizing new funding to pay affiliate withdrawals would make Fortunate Ape a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve Fortunate Ape of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, nearly all of members lose cash.