World NFT Group Group operates within the cryptocurrency MLM area of interest.
The corporate additionally goes by GNG and seems to be based mostly out of Malaysia.
On the company aspect issues World NFT Group is integrated as “World NFT Group B.V.”, a Curacao shell firm.
Heading up World NFT Group is Tony Berntsen, Tony Sandberg and Saima Chaudhury.
Tony Berntsen is a Dutch nationwide BehindMLM got here throughout in 2017. Berntsen was CEO of First United Capital Group, purported mother or father firm of the EarlyBird Academy pyramid scheme.
Each First United Capital Group and EarlyBird had been/are additionally integrated as Curacao shell corporations.
First United Capital Group nonetheless has an internet site up. Tony Berntsen remains to be cited as CEO.
Tony Sandberg is First United Capital Group’s COO. Saima Chaudhry is its Government Enterprise Supervisor.
Based on their respective social media profiles:
- Tony Berntsen relies out of Curacao
- Tony Sandberg relies out of Norway
- Saima Chaudhry relies out of the UK
First United Capital Group is “the Subsequent Technology World Funding Firm” that brings our individuals collectively connecting capital and experience with nice concepts and merchandise.
Though First United Capital Group isn’t talked about on World NFT Group’s web sites, it seems to be one other venture from the group.
World NFT Group operates from two recognized domains:
- “gng.neighborhood” – privately registered on November twenty ninth, 2022 and
- “gng.token” – privately registered on November twenty third, 2022
Learn on for a full overview of World NFT Group’s MLM alternative.
World NFT Group’s Merchandise
World NFT Group has no retailable services or products.
Associates are solely capable of market World NFT Group affiliate membership itself.
World NFT Group’s Compensation Plan
World NFT Group associates spend money on GNG tokens.
- make investments $50 and obtain 500 GNG tokens
- make investments $100 and obtain 1000 GNG tokens
- make investments $250 and obtain 2500 GNG tokens
- make investments $500 and obtain 5000 GNG tokens
- make investments $1000 and obtain 10,000 GNG tokens
- make investments $2000 and obtain 20,000 of GNG tokens
Reverse math gives us an preliminary 10 cent GNG token worth.
World NFT Group associates spend money on GNG tokens on the promise of projected “dividend” returns:
By the tip of 2023, World NFT Group represents it’ll have paid out 6.41 cents per GNG token.
The MLM aspect of World NFT Group pays on recruitment of affiliate traders.
Referral Commissions
World NFT Group associates earn a ten% referral fee on invested funds.
Residual Commissions
World NFT Group pays residual commissions through a 2×12 matrix.
A 2×12 matrix locations a World NFT Group affiliate on the prime of a matrix, with two positions immediately beneath them:
These two positions kind the primary degree of the matrix. The second degree of the matrix is generated by splitting these first two positions into one other two positions every (4 positions).
Ranges three to 12 of the matrix are generated in the identical method, with every new degree of the matrix housing twice as many positions because the earlier degree.
Positions within the matrix are crammed through direct and oblique recruitment of World NFT Group associates.
Residual commissions are paid as a share of funds invested by these recruited associates.
World NFT Group caps what number of matrix ranges an affiliate can earn on based mostly on how a lot they’ve invested:
- $50 tier associates earn $1 per place crammed on their first and second matrix ranges, $2 on the third degree and $3 on the fourth and fifth ranges
- $100 tier associates earn $2 per place crammed on their first and second matrix ranges, $4 on the third degree, $6 on the fourth and fifth ranges and $1 on the sixth degree
- $250 tier associates earn $5 per place crammed on their first and second matrix ranges, $10 on the third degree, $15 on the fourth and fifth ranges, $2 on the sixth degree and $1 on the seventh degree
Residual fee charges for the $500, $1000 and $2000 tiers weren’t supplied. The sample nonetheless is elevated fee charges the extra an affiliate invests and extra payable matrix ranges.
This caps out at twelve matrix ranges on the $2000 funding tier.
World NFT Group associates are inspired to take a position at every tier to unlock extra ranges of the matrix, paid with earnings generated in decrease tiers.
Due to this I imagine every funding tier would possibly correspond to its personal matrix. This could imply in apply there could be six particular person matrices comparable to the six funding tiers – every with its personal fee charges.
If that’s the case, it’s assumed investing on the greater tiers routinely unlocks decrease funding tier matrices and commissions.
E.g. if a $1000 tier affiliate recruits a $50 tier affiliate, they’re nonetheless solely paid as much as 5 ranges by way of the $50 tier commissions particulars above.
Becoming a member of World NFT Group
World NFT Group affiliate membership seems to be free.
Full participation within the connected earnings alternative requires a minimal $50 funding.
World NFT Group solicits funding in tether (USDT), bitcoin (BTC) and ethereum (ETH).
World NFT Group Conclusion
World NFT Group is your typical MLM crypto Ponzi scheme, dressed up in NFT advertising and marketing.
We’ve got mixed our personal model constructing NFT with Group Advertising and marketing, a profitable Group Bonus plan, and a Dividend Token (GNG Token) which creates an explosive and distinctive funding and incomes alternative – the primary of its’ variety.
World NFT group might have picked any cartoon animal to slap on their NFTs, it doesn’t matter.
The one motive associates spend money on GNG token is due to the promised returns, which World NFT Group confirms are paid out of invested funds:
This makes World NFT Group a Ponzi scheme. Moreover with nothing offered or marketed to retail clients, the MLM aspect of World NFT Group is a pyramid scheme.
Reflecting the kind of marketer World NFT Group’s fraudulent enterprise mannequin attracts, we’ve serial Ponzi promoter Kari Wahlroos.
Wahlroos, a former prime earner within the infamous OneCoin Ponzi scheme, was seeking to launch his personal Twitter clone as of early December 2022.
Connected to “Freedom Republic” was after all “freedom token”, the actual grift behind the venture.
Within the span of a month Freedom Republic was deserted and changed with World NFT Group.
Getting again to World NFT Group, different factors of curiosity which can be price noting however don’t want rationalization embody:
- Curacao is a Dutch Caribbean island recognized for being a tax haven with no regulation of securities fraud;
- GNG token being an ERC-20 token, which takes a couple of minutes to arrange at little to no price
- World NFT Group funnelling traders into different doubtlessly fraudulent funding alternatives (see under)
From Q2 in 2023 YOU will probably be invited to our month-to-month funding webinar. The place we’ll share the investments GNG will probably be making and how one can make investments with us and make the most of our enterprise methods and due diligence. That is additionally Free for ALL Token holders in GNG.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve World NFT Group of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, the vast majority of individuals lose cash.
World NFT Group’s collapse will possible go down with GNG token being dumped on public exchanges, and/or withdrawals switched to GNG.
Both of these eventualities indicators withdrawals exceeding new funding, which concludes with the vast majority of traders bagholding one more nugatory Ponzi token.
