Doradus fails to provide ownership or executive information on its website.

Doradus’ website domain (“doradus.io”), was privately registered on November 4th, 2022.

Doradus’ website cites an “official launch” date of December 5th, 2022.

In an attempt to appear legitimate, Doradus provides shell incorporation certificates for the UK and Hong Kong on its website.

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.

Doradus also provides a 30 million euro insurance document, purportedly from Aviva.

Again for the purpose of MLM due-diligence, whether legitimate or not, such documents are meaningless.

On December 27th, 2022, the Central Bank of Russia issued a Doradus pyramid scheme fraud warning.

This, coupled with SimilarWeb tracking Russia as the top source of traffic to Doradus’ website, strongly suggests Russians are running Doradus.

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.

Doradus’ Products

Doradus has no retailable products or services.

Affiliates are only able to market Doradus affiliate membership itself.

Doradus’ Compensation Plan

Doradus affiliates invest USD equivalents in DORA tokens. This is done on the promise of advertised returns:

  • Dors – invest $1 to $199.99 and receive 1.8% a day for 10 days
  • Ogma – invest $200 to $4999 and receive 2.13% a day for 30 days
  • Regor – invest $5000 to $29,999 and receive 3.27% a day for 60 days
  • Apollion – invest $30,000 to $300,000 and receive 5.87% a day for 100 days

The MLM side of Doradus pays commissions on recruitment of affiliate investors.

Doradus pays referral commissions 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.

Doradus caps payable unilevel team levels at eight.

Referral commissions are paid as a percentage of funds invested across these eight levels based on rank:

  • Dors tier affiliates earn 1% on level 1 (personally recruited affiliates), 0.2% on level 2, 0.15% on level 3 and 0.1% on level 4
  • Ogma tier affiliates earn 2.5% on level 1, 0.5% on level 2, 0.2% on level 3, 0.15% on level 4, 0.1% on level 5 and 0.05% on level 6
  • Regor tier affiliates earn 5% on level 1, 0.7% on level 2, 0.5% on level 3, 0.2% on level 4, 0.15% on level 5, 0.1% on level 6, 0.05% on level 7 and 0.01% on level 8
  • Apollion tier affiliates earn 8.8% on level 1, 1% on level 2, 0.7% on level 3, 0.5% on level 4, 0.2% on level 5, 0.15% on level 6, 0.1% on level 7 and 0.05% on level 8

Joining Doradus

Doradus affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $1 investment in DORA.

Doradus Conclusion

Doradus is a simple Ponzi scheme run through DORA tokens.

All settlements on the Doradus platform take place using the DORA virtual currency, which in turn is pegged to the value of the USD.

There is an existing DORA cryptocurrency called Dora Factory, but it’s not pegged to the USD. This suggests Doradus has created its own DORA shitcoin.

In any event, the only source of verifiable revenue entering Doradus is new investment. Using new investment to pay daily returns to affiliates makes Doradus a Ponzi scheme.

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

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

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

Starting on around February 12th, Doradus investors began reporting withdrawal issues.

This suggests Doradus has collapsed or is on the verge of collapse.

Total Doradus victim numbers and how much they’ve collectively lost remains unknown.

What we do know, thanks to SimilarWeb traffic analysis as of January 2023, is that the majority of Doradus affiliates were from Russia (36% of traffic), Ukraine (8% of traffic), Kazakhstan (7% of traffic) and Tunisia (5% of traffic).