Crypto World Evolution Review: $2000 Pro Miner Ponzi positions
Crypto World Evolution provide no information on their website about who owns or runs the business.
The company states only that it’s “operated by a team of entrepreneurs who are experts in the field of cryptocurrency digital technologies”.
The Crypto World Evolution website domain (“cryptoworldevolution.trade”) was privately registered on August 16th, 2017.
Update 27th February 2018 – A few days ago Crypto World Evolution updated their website to provide the names of company management.
Tomas Perez-Quevedo is cited as CEO of Crypto World Evolution.
Prior to getting involved in scams from around 2013, Perez-Quevedo was promoting Nussentials.
Perez-Quevedo’s Facebook profile suggests his marketing efforts are primarily concentrated around Vietnam and Thailand. /end update
Read on for a full review of the Crypto World Evolution MLM opportunity.
Crypto World Evolution Products
Crypto World Evolution has no retailable products or services, with affiliates only able to market Crypto World Evolution affiliate membership itself.
The Crypto World Evolution Compensation Plan
Crypto World Evolution affiliates invest $2000 in Pro Miner positions on the promise of a daily ROI.
Once acquired, Pro Miner affiliates have a 2 BTC funding cap on each $2000 Pro Miner Position.
Crypto World Evolution affiliates are paid recruitment commissions down two levels of recruitment (unilevel):
- 15% on level 1 (personally recruited affiliates) and
- 10% on level 2
Residual Commissions (binary)
Crypto World Evolution pay a residual commission on downline funds invested 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 Crypto World Evolution tally up new investment volume on both sides of the binary team.
Affiliates are paid 15% of investment volume generated on their weaker side. Leftover volume is carried over the following day.
Note that residual binary commissions are capped at $10,000 a day and/or $50,000 a week.
To qualify for residual binary commissions, a Crypto World Evolution affiliate must recruit and maintain two affiliates with active Pro Miner positions.
Residual ROI Commissions
Crypto World Evolution pay a residual commission on downline ROI payments via a 3×20 matrix.
A 3×20 matrix places a Crypto World Evolution affiliate at the top of a matrix, with three positions directly under them:
These three positions form the first level of the matrix. The second level of the matrix is generated by splitting these first three positions into another three positions each (9 positions).
Levels three to twenty of the matrix are generated in the same manner, with each new level housing three times as many positions as the previous level.
Commissions are paid as positions in the matrix are filled.
Positions in the matrix are filled via direct and indirect recruitment of new Crypto World Evolution affiliates.
A 20% commission is paid on daily ROI payments to placed affiliates within the matrix.
Crypto World Evolution reward affiliates for generating downline investment with several rank rewards:
- General Director (recruit three affiliates who each recruit at least two affiliates and generate at least $50,000 in total downline volume) – receive one share in 2% of Crypto World Evolution company-wide investment
- National Director (recruit at least five affiliates (two Regional Directors) who each recruit at least two affiliates and generate at least $250,000 in total downline volume) – receive one share in 2% of Crypto World Evolution company-wide investment (one share in two 2% pools)
- International Director (recruit at least eight affiliates (three Regional Directors and two National Directors) who each recruit at least two affiliates and generate at least $500,000 in total downline volume) – receive one share in 2% of Crypto World Evolution company-wide investment (one share in three 2% pools)
- Global Master (recruit at least twelve affiliates (three National Directors and three International Directors) who each recruit at least two affiliates and generate at least $1,500,000 in total downline volume) – receive one share in 2% of Crypto World Evolution company-wide investment (one share in four 2% pools)
Joining Crypto World Evolution
Crypto World Evolution affiliate membership is tied to a $2000 Pro Miner investment in bitcoin.
If a Pro Miner ROI contract expires, a Crypto World Evolution must invest in another $2000 position to continue to earn.
Crypto World Evolution claim to generate external ROI revenue through a “trading bots”.
Our BOTs have the capability to perform hundreds of operations under a hybrid or automatic program.
The key to its success is in the programmed management supervision.
Our BOTs are undoubtedly a unique software in the trading platforms.
No evidence of the bots existing or Crypto World Evolution affiliates being paid via trading revenue is provided.
What your left with is new affiliate investment being the only verifiable source of revenue entering Crypto World Evolution.
Furthermore Crypto World Evolution’s claims fail the Ponzi logic test.
If the anonymous owners of the company did indeed have a bot capable of legitimately generating “significant 24/7 earnings” as claimed on the Crypto World Evolution website, why would they need to solicit investment from the general public?
On top of pyramid recruitment commissions paid out, recycling newly invested funds to pay off existing investors would make Crypto World Evolution a Ponzi scheme.
Through a trading bot that is a possibility if the bot was trading internally between Crypto World Evolution accounts and accounts held by the company.
Of more pressing concern is the lack of regulatory registration of what is obviously a passive investment opportunity.
If Crypto World Evolution’s bot is all that it’s cracked up to be, why hasn’t the company made the required regulatory disclosures?
If it isn’t, Crypto World Evolution affiliates are being conned out of $2000 plus trading fees on the false promise of “significant 24/7 earnings”.
For an MLM company hoping to operate legally and with full regulatory compliance, neither is an acceptable scenario.