Anubi Webkey fails to provide ownership or executive information on its website.

Anubi Webkey’s website domain (“webkey.vip”), was privately registered on July 12th, 2024.

Anubi Webkey’s official marketing documentation is named in Chinese:

This suggests whoever is running Anubi Webkey has ties to China.

Supporting this are staged Anubi Webkey marketing events, featuring song and dance productions typical of Asian scams:

Rather than front Anubi Webkey themselves, “Yaniv Porslekov” is presented as CSO:

Porslekov’s only digital profile are Twitter and LinkedIn profiles, both created in August 2024 (around the time Anubi Webkey launched).

Porslekov is obviously played by an actor. Typically we’d classify him as a Boris CEO but he’s not presented as running the company.

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.

Anubi Webkey’s Products

Anubi Webkey has no retailable products or services.

Promoters are only able to market Anubi Webkey promoter membership itself.

Anubi Webkey’s Compensation Plan

Anubi Webkey’s compensation plan front-ends with sales of a purported web3 phone.

On the backend Anubi Webkey offers unregistered crypto investment schemes.

Phone Commissions

Anubi Webkey sells a phone to its promoters.

Anubi Webkey is an intelligent device that integrates trusted hardware and blockchain network, user’s identity, web3 apps, AI smart services (voice assistant + search engine), web3 store, and commercial project launcher.

No technical details about Anubi Webkey’s phone are provided.

Anubi Webkey sells its phone for 599 USDT.

Commissions on the sale of the phone to Anubi Webkey promoters are paid down two levels of recruitment:

  • level 1 (personally recruited promoters) – 10%
  • level 2 – 5%

Crypto investment schemes

Anubi Webkey offers a number of crypto investment schemes. The schemes are run in WKEYDAO, an inhouse shit token created by Anubi Webkey.

Each Anubi Webkey phone comes with 1000 WKEYDAO. These tokens can be parked with Anubi Webkey on the promise of a passive returns, purportedly derived via a “trading pool”:

Anubi Webkey’s website also features “staking” and “bonds” investment schemes. Specific details are not disclosed.

Joining Anubi Webkey

Anubi Webkey affiliate membership is free.

Costs associated with participating in Anubi Webkey’s income opportunity are:

  • 500 USDT for a phone
  • additional USDT to acquire WKEYDAO, which can then be used to participate in various investment schemes

Anubi Webkey Conclusion

Anubi Webkey is a mess of MLM crypto fraud. I don’t know if this is because it’s a low-effort scam, or language-barriers on the part of Anubi Webkey’s Chinese admins.

Either way, we have a phone ruse fronting typical shit token fraudulent investment schemes.

Anubi Webkey fails to provide evidence it has registered its investment schemes with financial regulators. This is not only a legal requirements, its the only way consumers can verify ROI withdrawals are paid with external revenue.

Having failed to register with financial regulators, Anubi Webkey commits securities fraud and operates illegally.

As it stands the only verifiable source of revenue entering Anubi Webkey is new investment. Using new investment to pay ROI withdrawals would make Anubi Webkey a Ponzi scheme.

As with all MLM Ponzi schemes, once promoter recruitment dries up so too will new investment.

This will starve Anubi Webkey of ROI revenue, eventually prompting a collapse.

It should be noted that WKEYDAO is listed on a few dodgy exchanges. WKEYDAO itself appears to be a BSC-20 shit token. BSC-20 tokens can be created with little to no effort in a few minutes.

100% of WKEYDAO trading takes place on PancakeSwap, a decentralized crypto exchange. This is due to WKEYDAO only trading within Anubi Webkey. That is to say, the only trading taking place is related to Anubi Webkey’s MLM opportunity and investment schemes.

When they inevitably collapse, so too will WKEYDAO. That’s if Anubi Webkey’s admins don’t pull the plug and cash out first (they can do this at any time).

Regardless of how Anubi Webkey inevitably collapses, math guarantees that when a Ponzi scheme collapses the majority of participants lose money.