FiroCloud, aka FiroPOW, fails to provide ownership or executive information on its website.

FiroCloud’s website domain (“firopow.com”), was privately registered on October 7th, 2024.

If we look at the source-code of FiroCloud’s website, we find Chinese:

This suggests whoever is running FiroCloud has ties to China.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

FiroCloud’s Products

FiroCloud has no retailable products or services.

Affiliates are only able to market FiroCloud affiliate membership itself.

FiroCloud’s Compensation Plan

FiroCloud affiliates invest tether (USDT). This is done on the promise of advertised returns:

  • FiroCloud HZ Pro 1 – invest 10 USDT and receive 1 USDT a day
  • FiroCloud HZ Pro 2 – invest 30 USDT and receive 3 USDT a day
  • FiroCloud HZ Pro 3 – invest 60 USDT and receive 6 USDT a day
  • FiroCloud HZ Pro 4 – invest 100 USDT and receive 10 USDT a day
  • FiroCloud HZ Pro 5 – invest 150 USDT and receive 15 USDT a day
  • FiroCloud RS Ultimate 2 – invest 180 USDT and receive 18 USDT a day
  • FiroCloud IC Pro+2 – invest 380 USDT and receive 38 USDT a day
  • FiroCloud GE Max1 – invest 820 USDT and receive 82 USDT a day

FiroCloud pays referral commissions down three levels of recruitment (unilevel):

Specific referral commission rates are not publicly disclosed.

Joining FiroCloud

FiroCloud affiliate membership is free.

Full participation in the attached income opportunity requires a minimum 10 USDT investment.

Note that FiroCloud is targeting the Philippines. To that end FiroCloud also solicits investment in Philippine Pesos (PHP).

PHP investments into FiroCloud are made through GCash, a local mobile payment service owned by Globe Fintech Innovations (dba Mynt).

FiroCloud Conclusion

FiroCloud is yet another “click a button” app Ponzi scheme.

FiroCloud’s “click a button” Ponzi ruse is crypto mining:

The presented ruse is FiroCloud affiliates purchase a virtual mining machine. They then log in and click a button to receive mining revenue (the more invested the more buttons have to be clicked).

FiroCloud’s cloud mining operations purportedly generate revenue, which is then shared with affiliates.

If that makes no sense it’s because it doesn’t. If FiroCloud already has crypto mining operations set up, what do they need your money for?

In reality clicking a button in FiroCloud’s app does nothing. All FiroCloud does is recycle newly invested funds to pay earlier investors.

FiroCloud is part of a group of “click a button” app Ponzis that emerged in late 2021.

Examples of already collapsed “click a button” app Ponzis using the same cloud mining ruse include Sky TRX, ZokoCloud and TronCoin.

Since 2021 BehindMLM has documented hundreds of “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.

“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).

Organized crime interests from China operate scam factories behind “click a button” Ponzis from south-east Asian countries.

In September 2024, the US Department of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese human trafficking scam factories.

Through various companies he owns, Phat is alleged to shelter Chinese scammers operating out of Cambodia.

Regardless of which country they operate from, the same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.

 

Update 6th November 2024 – FiroCloud has collapsed. As at the time of this update FiroCloud’s website is no longer accessible.