Alligator Core Review: AI bot grift Ponzi scheme
Alligator Core fails to provide ownership or executive information on its website.
Alligator Core’s website domain (“alligatorcore.ai”), was registered on June 8th, 2023.
Alligator Core is the registered owner, through what appears to be a random address in Poland.
Over on YouTube Alligator Core has two videos on its channel. Both feature dubbed over stock footage, which is typical for non-native English speakers.
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.
Alligator Core’s Products
Alligator Core has no retailable products or services.
Affiliates are only able to market Alligator Core affiliate membership itself.
Alligator Core’s Compensation Plan
Alligator Core affiliates invest USD equivalents in cryptocurrency. This is done on the promise of advertised returns:
- Basic Earn – invest $500 or more and receive 5.5% a day
- Max Earn – invest $2500 or more and receive 6% a day
Alligator Core pays referral commissions on invested cryptocurrency 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.
Alligator Core caps payable unilevel team levels at nine.
Referral commissions are paid as a percentage of cryptocurrency invested across these nine levels as follows:
- level 1 (personally recruited affiliates) – 8%
- level 2 – 5%
- level 3 – 4%
- level 4 – 3%
- level 5 – 2%
- levels 6 and 7 – 1.5%
- levels 8 and 9 – 1%
Joining Alligator Core
Alligator Core affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $500 investment.
Alligator Core solicits investment in various cryptocurrencies.
Alligator Core Conclusion
Alligator Core represents it generates external revenue via a number of AI bot ruses;
The revenue of Alligator Core’s Earn products is chosen by various activities engaged in by our AI such as staking for rewards, investing in the DeFi ecosystem, trading Binary Options, providing market liquidity, yield farming, lending to leveraged trading users in the lending market and trading digital assets in the DeFi ecosystem.
No evidence of Alligator Core generating external revenue is provided.
Furthermore, Alligator Core’s business model fails the Ponzi logic test.
If Alligator Core already has an AI bot capable of generating 6% a day on a consistent basis, what do they need your money for?
On the regulatory front Alligator Core fails to provide evidence it has registered its securities offering with financial regulators in any jurisdiction.
Alligator Core provides you with a way to generate interest on your assets through multiple investment choices.
Our system is consistently generating a daily return of up to 5.5% and 6%.
This means that, at a minimum, Alligator Core is committing securities fraud.
MLM securities fraud and Ponzi schemes go hand in hand.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Alligator Core of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.