Celestion Review: Crypto trading ruse MLM Ponzi
Celestion fails to provide ownership or executive information on its website.
Celestion’s website domain (“celestion.io”), was privately registered on April 3rd, 2024.
In an attempt to appear legitimate, Celestion provides company registration details for “Celestion Foundation PTY LTD”.
Celestion Foundation PTY LTD was registered in Australia on April 24th, 2024. The address used to register Celestion Foundation PTY LTD with ASIC belongs to a virtual office provider.
In other words, Celestion Foundation PTY LTD is a shell company with no actual ties to Australia.
ASIC are known for non-regulation of MLM fraud. Furthermore anyone can register a company with ASIC using whatever bogus details, there is no verification.
For this reason ASIC registration is favored by scammers residing outside of Australia.
With respect to MLM due-diligence, ASIC registration certificate as proof of legitimacy is therefore meaningless.
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.
Celestion’s Products
Celestion has no retailable products or services.
Affiliates are only able to market Celestion affiliate membership itself.
Celestion’s Compensation Plan
Celestion affiliates invest tether (USDT). This is done on the promise of advertised passive returns:
- Spark – invest 50 to 249 USDT and receive 0.55% to 0.75% a day for 13 days
- Blaze – invest 250 to 999 USDT and receive 0.75% to 0.95% a day for 17 days
- Radiance – invest 1000 to 2499 and receive 0.95% to $1.15% a day for 25 days
- Glow – invest 2500 to 4999 USDT and receive 1.15% to 1.5% a day for 35 days
- Luminous – invest 5000 to 24,999 USDT and receive 1.5% to 1.8% a day for 50 days
- Brilliance – invest 25,000 to 1,000,000 USDT and receive 1.8% to 2.5% a day for 75 days
- Empower Lite – invest 1000 to 3499 USDT and receive 3% a day for 365 days (can’t withdraw till after 365 days)
- Empower Pro – invest 3500 to 24,999 USDT and receive 4% a day for 365 days (can’t withdraw till after 365 days)
- Empower Max – invest 25,000 to 1,000,000 USDT and receive 5% a day for 365 days (can’t withdraw till after 365 days)
The MLM side of Celestion pays on recruitment of affiliate investors.
Celestion Affiliate Ranks
There are ten affiliate ranks within Celestion’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Acolyte – sign up as a Celestion affiliate
- Nano – invest at least 250 USDT and generate 1000 USDT in total downline investment volume
- Quantum – invest at least 600 USDT and generate 5000 USDT in total downline investment volume
- Cyber – invest at least 1250 USDT and generate 20,000 USDT in total downline investment volume
- Nebula – invest at least 2000 USDT and generate 50,000 USDT in total downline investment volume
- Lunar – invest at least 5000 USDT and generate 100,000 USDT in total downline investment volume
- Nova – invest at least 10,000 USDT and generate 175,000 USDT in total downline investment volume
- Stellar – invest at least 20,000 USDT and generate 350,000 USDT in total downline investment volume
- Hyper – invest at least 45,000 USDT and generate 600,000 USDT in total downline investment volume
- Infinity – invest at least 65,000 USDT and generate 1,750,000 USDT in total downline investment volume
Note that Celestion restricts rank qualification volume as follows:
- 100% of USDT invested by personally recruited affiliates is counted
- 60% of USDT invested by level 2 affiliates is counted
- 35% of USDT invested by level 3 affiliates is counted
- 10% of USDT invested by level 4 affiliates is counted
USDT invested down five levels of recruitment and deeper doesn’t count towards rank qualification volume.
Referral Commissions
Celestion pays a Matching Bonus 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.
Celestial caps payable unilevel team levels at ten.
The Matching Bonus is paid as a percentage of daily returns paid across these ten levels based on rank:
- Acolytes receive a 4% match on level 1, 2% on level 2, 1% on levels 3 and 4, 0.5% on level 5, 0.4% on level 6, 0.3% on level 7, 0.2% on level 8 and 0.1% on levels 9 and 10
- Nanos receive a 5% match on level 1, 3% on level 2, 2% on level 3, 1% on levels 4 and 5, 0.5% on level 6, 0.4% on level 7, 0.3% on level 8, 0.2% on level 9 and 0.1% on level 10
- Quantums receive a 6% match on level 1, 3% on level 2, 2% on levels 3 and 4, 1% on level 5, 0.5% on level 6, 0.4% on level 7, 0.3% on level 8 and 0.2% on levels 9 and 10
- Cybers receive a 6% match on level 1, 4% on level 2, 3% on level 3, 2% on level 4, 1% on levels 5 to 7, 0.5% on level 8, 0.4% on level 9 and 0.35% on level 10
- Nebulas receive a 7% match on level 1, 4% on levels 2 and 3, 3% on level 4, 2% on level 5, 1% on levels 6 to 9 and 0.5% on level 10
- Lunars receive an 8% match on level 1, 5% on level 2, 4% on level 3, 3% on level 4, 2% on level 5 and 1% on levels 6 to 10
- Novas receive a 9% match on level 1, 5% on levels 2 and 3, 4% on level 4, 3% on level 5, 2% on level 6 and 1% on levels 7 to 10
- Stellars receive a 9% match on level 1, 6% on level 2, 5% on level 3, 4% on level 4, 3% on level 5 and 1% on levels 6 to 10
- Hypers receive a 9% match on level 1, 7% on level 2, 6% on level 3, 5% on level 4, 4% on level 5, 3% on level 6 and 1% on levels 7 to 10
- Infinitys receive a 10% match on level 1, 8% on level 2, 7% on level 3, 6% on level 4, 4% on level 5, 3% on level 6, 2% on level 7 and 1% on levels 8 to 10
Rank Achievement Bonus
Celestion rewards affiliates for qualifying at Nano and higher with the following one-time Rank Achievement Bonuses:
- qualify at Nano and receive 50 USDT
- qualify at Quantum and receive 100 USDT
- qualify at Cyber and receive 500 USDT
- qualify at Nebula and receive 1500 USDT
- qualify at Lunar and receive 3000 USDT
- qualify at Nova and receive 5500 USDT
- qualify at Stellar and receive 7500 USDT
- qualify at Hyper and receive 12,500 USDT
- qualify at Infinity and receive 25,000 USDT
Joining Celestion
Celestion affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 50 USDT investment.
Celestion Conclusion
Celestion represents it generates external revenue via cryptocurrency trading.
No verifiable evidence of Celestion generating external revenue of any kind is provided. Such evidence would include audited financial reports filed with ASIC.
Note this is a legal requirement and, to date, Celestion has failed to file any audited financial reports with ASIC.
Furthermore, Celestion’s business model fails the Ponzi logic test.
If Celestion’s baloney marketing on its website is to be believed, the company is currently managing “more than 125 million assets of our customers”.
At 5% a day, 125 million generates $6.25 million daily. So why does Celestion need your money for? And why are they offering access to these ridiculous returns at no cost?
As it stands the only verifiable source of revenue entering Celestion is new investment.
Using new investment to pay ROI withdrawals would make Celestion a Ponzi scheme. With nothing marketed or sold to retail customers, the MLM side of Celestion operates as a pyramid scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Celestion of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.