101 MoneyMaker Review: AI trading ruse Ponzi scheme
101 MoneyMaker fails to provide ownership or executive information on its website.
101 MoneyMaker’s website domain (“101moneymaker.com”), was privately registered on May 10th, 2023.
Despite only existing for a few months, on its website 101 MoneyMaker falsely claims it has “over 10+ years of experience in blockchain technology and also 7+ years experience of trading in different markets.”
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.
101 MoneyMaker’s Products
101 MoneyMaker has no retailable products or services.
Affiliates are only able to market 101 MoneyMaker affiliate membership itself.
101 MoneyMaker’s Compensation Plan
101 MoneyMaker affiliates invest $101 to $100,000 in cryptocurrency.
This is done on the promise of a 1% passive return, paid out over 101 days.
Note that 101 MoneyMaker charges a 20% fee on returns paid out.
101 MoneyMaker pays referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
101 MoneyMaker caps payable unilevel team levels at five.
Referral commissions are paid as a percentage of cryptocurrency invested across these five levels as follows:
- level 1 (personally recruited affiliates) – 5%
- level 2 – 2%
- levels 3 to 5 – 1%
Joining 101 MoneyMaker
101 MoneyMaker affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $101 investment.
101 MoneyMaker solicits investment in various cryptocurrencies.
101 MoneyMaker Conclusion
101 MoneyMaker represents it generates external revenue via AI trading.
We have some of the fastest software on the market and we are able to profit many times over what we have committed to rewarding our clients.
In addition to there being no verifiable evidence of trading activity, 101 MoneyMaker’s claims fail the Ponzi logic test.
If 101 MoneyMaker already has an AI trading bot capable of “profit(ing) many time over”, what do they need your money for?
As it stands the only verifiable source of revenue entering 101 MoneyMaker is new investment.
Using new investment to pay affiliate withdrawals would make 101 MoneyMaker a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve 101 MoneyMaker of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.