Final 12 months StableDAO emerged as a continuation of Ponzi scamming from Sam Lee.
Lee, who additionally goes by Xue Lee and Samuel Lee, was co-founder of the infamous HyperTech Ponzi schemes.
These embrace HyperCash, HyperCapital, HyperFund and Hyperverse.
Lee, believed to be an Australian nationwide, fled to Dubai in 2021. HyperFund collapsing in late 2021 noticed Lee go additional underground.
Hyperverse lasted a number of months, with Lee probably not seen throughout its run. All through two Hyperverse successors, HyperOne and HyperCash, Lee remained MIA.
In mid 2022 images of Lee assembly with high HyperTech promoters in Dubai emerged. This ultimately led to StableDAO’s launch in October 2022.
As a part of StableDAO, a Ponzi scheme in and of itself, we now have StableOpinion.
Learn on for a full evaluate StableDAO’s StableOpinion MLM alternative.
StableOpinion’s Merchandise
StableOpinion has no retailable services or products.
Associates are solely in a position to market StableOpinion affiliate membership itself.
StableOpinion’s Compensation Plan
StableOpinion associates make investments $100 to $1000 on the promise of marketed returns.
- Fundamental – make investments $100 and obtain $4 per week until $200 (200% ROI)
- Normal – make investments $300 and obtain $15 per week until $900 (300% ROI)
- Elite – make investments $500 and obtain $30 per week until $2000 (400% ROI)
- Premium – make investments $1000 and obtain $75 per week until $5000 (500% ROI)
StableDao additionally gives bulk funding choices, growing the quantity that may be invested directly as much as $43,000.
- Fundamental – Household tier = $700, Enterprise tier = $4300
- Normal – Household tier = $2100, Enterprise tier = $12,900
- Elite – Household tier = $3500, Enterprise tier = $21,500
- Premium = Household tier = $7000, Enterprise tier = $43,000
In an effort to obtain the total ROI every week, StableOpinion associates are required to fill in surveys. The majority funding choices enhance the quantity of surveys required to be accomplished.
The MLM facet of StableOpinion pays on recruitment of affiliate traders.
StableOpinion Affiliate Ranks
There are ten affiliate ranks inside StableOpinion’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Rank 1 – recruit one affiliate and generate and keep at the least $300 in complete downline funding quantity every month
- Rank 2 – recruit three associates and generate and keep at the least $1500 in complete downline funding quantity every month
- Rank 3 – recruit 4 associates and generate and keep at the least $3000 in complete downline funding quantity every month
- Rank 4 – recruit 5 associates and generate and keep at the least $5000 in complete downline funding quantity every month
- Rank 5 – recruit six associates and generate and keep at the least $25,000 in complete downline funding quantity every month
- Rank 6 – recruit seven associates and generate and keep at the least $50,000 in complete downline funding quantity every month
- Rank 7 – recruit ten associates and generate and keep at the least $100,000 in complete downline funding quantity every month
- Rank 8 – recruit twelve associates and generate and keep at the least $250,000 in complete downline funding quantity every month
- Rank 9 – recruit 13 associates and generate and keep at the least $500,000 in complete downline funding quantity every month
- Rank 10 – recruit fifteen associates and generate and keep at the least $1,000,000 in complete downline funding quantity every month
Be aware that recruited associates should have energetic StableOpinion investments to depend in direction of rank qualification.
Referral Commissions
To qualify for referral commissions, StableOpinion associates should keep personally recruited affiliate funding quantity equal to 300% of what htey have invested.
StableOpinion pays a fee on preliminary investments made by recruited associates.
Direct referral fee charges are decided by private recruitment efforts:
- first affiliate recruited = 5% referral fee fee
- second affiliate recruited = 10% referral fee fee
- third affiliate recruited = 15% referral fee fee
- fourth affiliate recruited = 20% referral fee fee
- fifth affiliate recruited = 25% referral fee fee
- sixth affiliate recruited = 30% referral fee fee
- seventh affiliate recruited and onward = 15% referral fee fee
Past this, StableOpinion pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel staff, with each personally recruited affiliate positioned straight underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
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.
StableOpinion caps referral commissions at 4 unilevel staff ranges.
Referral commissions are paid out as a proportion of funds invested throughout these 4 ranges as follows:
- degree 1 (personally recruited associates) – see direct referral fee charges above
- degree 2 – 7%
- degree 3 – 5%
- degree 4 – 3%
Residual Commissions
StableOpinion pays residual commissions down ten ranges of recruitment. This is similar unilevel staff used to pay referral commissions (see above).
Residual commissions are paid as a proportion of weekly returns paid to associates throughout these ten ranges based mostly on rank:
- Rank 1 associates earn 10% on degree 1
- Rank 2 associates earn 10% on degree 1 and 6% on degree 2
- Rank 3 associates earn 10% on degree 1, 6% on degree 2 and 4% on degree 3
- Rank 4 associates earn 10% on degree 1, 6% on degree 2, 4% on degree 3 and three% on degree 4
- Rank 5 associates earn 10% on degree 1, 6% on degree 2, 4% on degree 3, 3% on degree 4 and a pair of% on degree 5
- Rank 6 associates earn 10% on degree 1, 6% on degree 2, 4% on degree 3, 3% on degree 4 and a pair of% on ranges 5 and 6
- Rank 7 associates earn 10% on degree 1, 6% on degree 2, 4% on degree 3, 3% on degree 4, 2% on ranges 5 and 6 and 1% on degree 7
- Rank 8 associates earn 10% on degree 1, 6% on degree 2, 4% on degree 3, 3% on degree 4, 2% on ranges 5 and 6 and 1% on ranges 7 and eight
- Rank 9 associates earn 10% on degree 1, 6% on degree 2, 4% on degree 3, 3% on degree 4, 2% on ranges 5 and 6, 1% on ranges 7 and eight and 0.5% on degree 9
- Rank 10 associates earn 10% on degree 1, 6% on degree 2, 4% on degree 3, 3% on degree 4, 2% on ranges 5 and 6, 1% on ranges 7 and eight and 0.5% on ranges 9 and 10
Pool A Bonus
StableOpinion takes 3% of company-wide funding quantity and locations it into Pool A.
Pool A is cut up into three smaller swimming pools, which correspond with StableOpinion affiliate ranks:
- Rank 3 to five associates earn a share in a smaller 1% Pool A pool
- Rank 6 to eight associates earn a share in two smaller 1% Pool A swimming pools
- Rank 9 and 10 associates earn a share in all three smaller 1% Pool A swimming pools
Pool A is paid out weekly.
Pool B Bonus
StableOpinion takes 3% of company-wide quantity and locations it into Pool B.
Pool B is cut up into three smaller swimming pools, which correspond with timed downline funding qualification standards:
- generate $100,000 in downline funding quantity inside 30 days and obtain a share in a smaller 1% Pool B pool
- generate $500,000 in downline funding quantity inside 45 days and obtain a share in a smaller 1% Pool B pool
- generate $1,000,000 in downline funding quantity inside 60 days and obtain a share in a smaller 1% Pool B pool
This qualification standards is ongoing, with qualifying associates receiving a share within the corresponding smaller Pool B pool every week.
Becoming a member of StableOpinion
StableOpinion affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $100 funding.
StableOpinion Conclusion
StableOpinion is the previous SpeakAsia Ponzi mannequin bUt On ThE bLoCkChAiN!
Converse Asia launched in late 2010 and had associates buy make investments $120 or $240 in “panelist” positions (StableOpinion makes use of “prosumer”).
$120 SpeakAsia funding positions paid $7 per week. $240 Converse Asia funding positions paid $20 per week.
The catch was SpeakAsia associates needed to full surveys to qualify for returns. This is similar Ponzi ruse StableOpinion is recycling eleven years later.
To be clear, the surveys StableOpinion comes up with are busybody work. There aren’t any shoppers buying the survey knowledge.
The primary query that pokes holes within the survey Ponzi ruse is asking why survey takes must pay in?
The ruse requires surveys to be commissioned by third-party firms, with these exterior funds purportedly getting used to pay withdrawals.
So once more, why do survey taking associates must pay in?
You’ll be able to additional break down the survey Ponzi ruse by the use of StableOpinion bundling funding by way of a number of accounts.
It’s a bit blurry however on the best now we have the majority funding choices for the Normal tier.
Down the underside you may see the Enterprise bundle possibility requires 43 “survey handles” (accounts).
What professional firm is commissioning a number of surveys from one participant?
On the backend, all StableOpinion are doing is recycling invested funds to pay returns. Connected to that could be a pyramid scheme, to incentivize recruitment of affiliate traders.
Converse Asia collapsed in mid 2011, producing over a $100 million in losses. Nearly all of SpeakAsia victims had been based mostly out of India.
Indian authorities had been finally unable to carry the scammers behind SpeakAsia accountable.
I’m seeing quite a lot of StableDAO and StableOpinion promoters from India. I wouldn’t be stunned if recycling Converse Asia’s Ponzi mannequin was the thought of a former high promoter, who’s nonetheless scamming away in StableDAO.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve StableOpinion of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of individuals lose cash.
