Ataash fails to provide verifiable ownership or executive information on its website.

Ataash names “Arthur Henry Chapman” as its Chairman and founder on its website. Beyond a name though, no further information is provided.

Over on YouTube we find Ataash marketing videos featuring Fiverr style marketing videos (an actor standing in front of a greenscreen):

Ataash’s website domain (“ataash.com”), was privately registered on November 24th, 2023.

In an attempt to appear legitimate, Ataash provides shell company certificates for the US and UK.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

Numerous spelling and grammatical errors on Akaash’s website suggest it is run by 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.

Ataash’s Products

Ataash has no retailable products or services.

Affiliates are only able to market Ataash affiliate membership itself.

Ataash’s Compensation Plan

Ataash affiliates invest USD equivalents in cryptocurrency.

This is done on the promise of advertised returns:

  • Micro – invest $50 to $4999 and receive 1.25% to 1.5% a day for 160 days
  • Silver – invest $5000 to $24,999 and receive 1.5% to 1.75% a day for 160 days
  • Stellar – invest $25,000 to $49,999 and receive 1.75% to 2% a day for 140 days
  • Pheonix [sic] – invest $50,000 or more and receive 2% to 2.5% a day for 140 days

The MLM side of Ataash pays on recruitment of affiliate investors.

Referral Commissions

Atassh pays referral commissions on invested cryptocurrency down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 6%
  • level 2 – 2%
  • level 3 – 1%

Residual Commissions

Ataash pays residual commissions via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.

At the end of each day, Ataash tallies up new investment volume on both sides of the binary team.

Residual commissions are paid as a percentage of new investment generated on the weaker binary team side.

  • Micro tier affiliates receive an 8% residual commission rate, capped at $600 per day
  • Silver tier affiliates receive an 8% residual commission rate, capped at $2000 per day
  • Stellar tier affiliates receive a 9% residual commission rate, capped at $5000 per day
  • Pheonix [sic] tier affiliates receive a 9% residual commission rate, capped at $10,000 per day

Corporate Milestones Bonus

Ataash rewards affiliates for generating downline investment:

  • convince others to invest $1000 and receive a $50 credited Ataash investment
  • convince others to invest $2500 and receive a $75 credited Ataash investment
  • convince others to invest $5000 and receive a $125 credited Ataash investment
  • convince others to invest $7500 and receive a $250 credited Ataash investment
  • convince others to invest $10,000 and receive a $600 credited Ataash investment
  • convince others to invest $25,000 and receive a $1250 credited Ataash investment
  • convince others to invest $50,000 and receive a $2500 credited Ataash investment
  • convince others to invest $100,000 and receive a $5500 credited Ataash investment
  • convince others to invest $250,000 and receive a $11,000 credited Ataash investment
  • convince others to invest $500,000 and receive a $22,000 credited Ataash investment
  • convince others to invest $1,000,000 and receive a $45,000 credited Ataash investment
  • convince others to invest $5,000,000 and receive a $250,000 credited Ataash investment

Recruitment Bonus

Ataash rewards affiliates for recruiting affiliate investors.

  • recruit twenty-five affiliate investors and receive $100
  • recruit fifty affiliate investors and receive $250
  • recruit one hundred affiliate investors and receive $500
  • recruit two hundred and fifty affiliate investors and receive $1000
  • recruit five hundred affiliate investors and receive $2000
  • recruit one thousand affiliate investors and receive $5000
  • recruit two thousand affiliate investors and receive $10,000
  • recruit five thousand affiliate investors and receive $25,000

Joining Ataash

Ataash affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $50 investment.

Ataash solicits investment in various cryptocurrencies.

Ataash Conclusion

Ataash claims it generates external revenue via “profitable ventures”, such as “crypto trading, cloud mining, futures trading, margin trading, staking, ICOs, IPOs, and gold and silver trading”.

No evidence of Ataash generating external revenue of any kind is provided.

Furthermore, Ataash’s business model fails the Ponzi logic test.

If Ataash is already able to legitimately generate 2.5% a day on a consistent basis, what do they need your money for?

As it stands, the only verifiable source of revenue entering Ataash is new investment.

Using new investment to pay affiliate withdrawals would make Ataash a Ponzi scheme.

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

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

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.