GPBots fails to supply possession or government info on its web site. GPBot’s advertising movies function badly animated AI avatars.
GPBots’ operates from two identified web site domains:
- gpbots.com – privately registered on Could twenty seventh, 2023
- gpbots.app – privately registered on June third, 2023
Of observe is GPBots’ use of DefiCode’s Arbot:
Arbot is a “drag and drop” device used to create smart-contract Ponzi schemes.
Earlier this week BehindMLM famous Arbot’s use within the StakeMine Ponzi scheme. As a result of its use of Portuguese, StakeMine is believed to be run by scammers in and/or from Brazil.
Though it’s introduced in English, GPBots’ native web site language code can be Portuguese:
This in all probability isn’t a coincidence. StakeMine and GPBots are seemingly run by the identical group of scammers.
As all the time, if an MLM firm isn’t overtly upfront about who’s operating or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
GPBot’s Merchandise
GPBot has no retailable services or products.
Associates are solely in a position to market GPBot affiliate membership itself.
GPBot’s Compensation Plan
GPBots associates make investments $20 to $10,000 in cryptocurrency. That is carried out on the promise of an marketed “as much as” 1% a day ROI.
There are 9 GPBot funding tiers:
- $20
- $50
- $100
- $200
- $500
- $1000
- $2500
- $5000
- $10,000
GPBots ROI charges are capped at 200%. This consists of any MLM commissions and bonuses earned.
A GPBot affiliate can enhance their ROI cap to 300% in the event that they recruit 5 associates who’ve invested the identical quantity or increased.
Notice that upon reaching the 200%/300% ROI cap, reinvestment is required to proceed incomes.
The MLM facet of GPBots pays on recruitment of affiliate traders.
Referral Commissions
GPBots pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel workforce, with each personally recruited affiliate positioned instantly 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.
GPBots caps referral commissions down 5 unilevel workforce ranges.
Referral commissions are paid as a proportion of cryptocurrency invested throughout these 5 ranges as follows:
- stage 1 (personally recruited associates) – 10%
- ranges 2 and three – 3%
- ranges 4 and 5 – 2%
Notice that referral commissions are solely paid on the identical or lesser quantities invested.
E.g you probably have invested $500 into GPBots, you’ll earn referral commissions on $500 and fewer downline investments.
Residual Commissions
GPBots pays residual commissions through a 3×5 matrix.
A 3×5 matrix locations an associates on the high of a matrix with three positions instantly underneath them:
These three positions kind the primary stage of the matrix. The second stage of the matrix is generated by splitting these first three positions into one other three positions every (9 positions).
Ranges three to 5 of the matrix are generated in the identical method, with every new stage housing thrice as many positions because the earlier stage.
Positions within the matrix are stuffed through direct and oblique recruitment of GPBots associates.
Residual commissions are paid as a proportion of funding made throughout all 5 ranges of the matrix:
- ranges 1 to 4 of the matrix pays a 4% residual fee
- stage 5 of the matrix pays a ten% residual commision
Notice that every GPBots funding tier corresponds with its personal residual commissions matrix.
Revenue Sharing
10% of funding made throughout every residual commissions matrix tier is put into 9 separate Revenue Sharing swimming pools.
The Revenue Sharing pool is shared with GPBots associates who’ve recruited fifty associates and invested in every matrix tier.
Becoming a member of GPBots
GPBots affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal $20 funding.
GPBots solicits funding in varied cryptocurrencies.
GPBots Conclusion
GPBots represents it generates exterior income by way of an AI buying and selling bot.
Our clever automation identifies real-time arbitrage alternatives, enabling correct and environment friendly shopping for and promoting of Bitcoin throughout a number of buying and selling platforms.
No proof of GPBots producing income through buying and selling is offered.
Moreover, GPBots’ passive funding scheme constitutes a securities providing. GPBots gives no proof it has registered with monetary regulators.
Because of this at a minimal, GPBots is committing securities fraud and working illegally.
Registering with monetary regulators means GPBots must file periodic audited monetary experiences. These experiences would element GPBots’ purported buying and selling bot income.
GPBots can’t present these audited experiences as a result of there isn’t a buying and selling bot.
Because it stands the one verifiable income coming into GPBot is new funding. Utilizing new funding to pay earlier investor withdrawals would make GPBots a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve GPBot of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, the vast majority of members lose cash.
