CryptoNuke Review: Ponzi matrix cycler, recruitment & cash gifting
There is no information on the CryptoNuke website indicating who owns or runs the business.
The CryptoNuke website domain (“cryptonuke.com”) was registered on the 20th of September 2016, however the domain registration is set to private.
The official CryptoNuke Facebook group, linked from the CryptoNuke website, reveals Mollie Woop providing information on the company. This suggests Woop (right) is running things.
Woop’s own Facebook profile reveals she is/was an affiliate with Young Living (essential oils) and It Works! (body sculpting masks). Woop also cites herself as a manager at Harvard Risk Management in Dallas, Texas.
Read on for a full review of the CryptoNuke MLM opportunity.
The CryptoNuke Product Line
CryptoNuke currently has no retailable products or services.
Bundled with each deposit made by CryptoNuke affiliates are advertising credits. These advertising credits can be used to display advertising on the CryptoNuke website.
The CryptoNuke website advises that information about products is “coming after prelaunch!”
The CryptoNuke Compensation Plan
CryptoNuke affiliates spend 0.035 BTC on a Feeder Matrix and weekly/monthly Bonus Pool bundle.
Each 0.035 BTC deposit made by a personally recruited affiliate pays out a 0.01 BTC referral commission.
Feeder Matrix
0.02 BTC of every 0.035 BTC deposit by CryptoNuke affiliates is used to purchase a position in the Feeder Matrix.
The Feeder Matrix resets every week. Those who lost money able to preload positions for 0.02 BTC a position 24 hours before the new matrix goes live for the week.
Positions that cycle out of the Feeder matrix enter the La Superba matrix (see below).
Note that CryptoNuke do not disclose the size of the Feeder Matrix.
La Superba Matrix Cycler
Positions in the La Superba 4×2 matrix cost 0.325 BTC.
A 4×2 matrix places an affiliate at the top of the matrix, with four positions directly under them.
These initial four positions form the first level of the matrix, with the second level generated by splitting each of the first four positions into another four positions each (16 positions).
A complete 4×2 matrix houses 20 positions.
Positions are filled via Feeder Matrix cycles and subsequent purchase of positions.
A completely filled La Superba Matrix pays out 5.2 BTC. Funds from position purchases are transferred directly between CryptoNuke affiliates.
Siri Matrix
Positions in the Siri 4×2 matrix cost 3.3 BTC.
The Siri 4×2 matrix fills in the same manner as the La Superba Matrix (see above).
A completely filled Siri Matrix pays out 52.8 BTC. Funds from position purchases are transferred directly between CryptoNuke affiliates.
Weekly and Monthly Pools
0.0025 BTC of every 0.035 BTC deposit is used to fund the Weekly Pool.
0.0015 BTC of every 0.035 BTC deposit is used to fund the Monthly Pool.
Both pools are paid out based on which CryptoNuke affiliates recruit the most new affiliates for the week/month:
- top recruiting affiliate = 40% share
- 2nd recruiting affiliate = 30% share
- 3rd recruiting affiliate = 15% share
- 4th recruiting affiliate = 10% share
- 5th recruiting affiliate = 5% share
Joining CryptoNuke
CryptoNuke affiliate membership is free, however affiliates who don’t spend money cannot earn MLM commissions.
The minimum deposit required by a CryptoNuke affiliate is 0.035 BTC.
Conclusion
Under the guise of selling advertising, CryptoNuke offers up a three-tier matrix Ponzi cycler. Tacked onto this is a recruitment-driven pyramid scheme with weekly and monthly recruitment incentives.
CryptoNuke place great emphasis on their Feeder Matrix not stalling. The company describes the matrix as
a [sic] auto-reset cycler which will allow members to earn money without stalling.
By resetting the matrix each week, the ruse presented is that the matrix doesn’t stall. Those that didn’t cycle out of the matrix (who are people who infact lost money), are offered the chance to preload new positions for an additional fee each week.
The problem is that this doesn’t address why a matrix cycler collapses. A matrix cycler collapses when affiliates stop purchasing positions.
At any given time the majority of positions in a matrix cycler are yet to cycle. So each week CryptoNuke are going to “erase” the majority of positions in the Feeder Matrix.
For an additional fee (even more of a loss), affiliates who have already spent money will be given the option to jump the new weekly queue.
Knowing this, why would affiliates who stole their money the week before purchase new positions that week?
If there wasn’t enough new money to pay off affiliates who lost money the week before, why would there be enough to pay them the following week?
This will translate to the Feeder Matrix preloaded positions each week blowing out, before collapsing as affiliates realize they’re only throwing more and more 0.02 BTC deposits at an already collapsed system each week.
That funds paid to the few CryptoNuke affiliates who do make money are sourced from other affiliates makes the Feeder Matrix a Ponzi scheme.
The La Superba and Siri matrix are cash gifting, with CryptoNuke affiliates who purchase new positions gifting those funds in their entirety to affiliates with existing positions.
The Weekly and Monthly bonus pools are recruitment incentives. Without a constant source of new money from newly recruited affiliates, CryptoNuke will collapse.
The offered advertising is neither here nor there, with it added only to provide pseudo-compliance to what is otherwise Ponzi and cash gifting fraud.
If advertising was indeed being sold, logically unused credits would attract a refund. Instead, as per CryptoNuke’s refund policy:
What is your Refund Policy?
NO REFUNDS WILL BE GIVEN.
The reason CryptoNuke can’t offer refunds is because newly deposited funds are either used to pay a ROI to existing affiliates or gifted.
As with all Ponzi, gifting and pyramid schemes, once affiliate recruitment dies off so too will new funds entering the system.
Over time this will drop such that CryptoNuke’s matrices stall, resulting in the majority of CryptoNuke affiliates losing money.
