Emane Trade Review: Brazilian bitcoin 40% a month Ponzi scheme
Emane Trade provides no information on their website about who owns or runs the business.
The Emane Trade website domain (“emanetrade.com”) was privately registered on January 31st, 2018.
Further research reveals Emane Trade citing Carlos Barbosa as CEO and President of the company on their official Facebook profile.
Emane Trade and Barbosa (right) appear to be based out of Brazil, with Brazilians making up the company’s primary marketing demographic.
At the time of publication Alexa estimate 100% of traffic to the Emane Trade website as originates out of Brazil.
Possibly due to language-barriers, I was unable to put together an MLM history on Barbosa.
Read on for a full review of the Emane Trade MLM opportunity.
Emane Trade Products
Emane Trade has no retailable products or services, with affiliates only able to market Emane Trade affiliate membership itself.
The Emane Trade Compensation Plan
Emane Trade affiliates invest Brazilian Real on the promise of a 40% monthly ROI.
- Basic Plan – R$500
- Silver Plan – R$1000
- Gold Plan – R$3000
- Diamond Plan – R$5000
- Prime Plan – R$10,000
The above plans are capped at a 200% ROI, after which reinvestment is required.
Residual Commissions
Emane Trade pay 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 Emane Trade tallies up new investment volume on both sides of the binary team.
- a new Basic Plan investment generates 50 points within the binary team
- a new Silver Plan investment generates 100 points within the binary team
- a new Gold Plan investment generates 300 points within the binary team
- a new Diamond Plan investment generates 1000 points within the binary team
- a new Prime Plan investment generates 3000 points within the binary team
Affiliates are paid 50% of funds matched on both sides of the binary team (1 point = R$1).
Note that daily residual commissions are capped based on how much an Emane Trade affiliate has invested:
- Basic Plan affiliates can earn up to R$500 a day
- Silver Plan affiliates can earn up to R$1000 a day
- Gold Plan affiliates can earn up to R$3000 a day
- Diamond Plan affiliates can earn up to R$5000 a day
- Prime Plan affiliates can earn up to R$10,000 a day
Joining Emane Trade
Emane Trade affiliate membership is tied to a R$500 to R$10,000 investment.
- Basic Plan – R$500
- Silver Plan – R$1000
- Gold Plan – R$3000
- Diamond Plan – R$5000
- Prime Plan – R$10,000
The more an affiliate invests the higher their income potential via the Emane Trade compensation plan.
Conclusion
Emane Trade’s primary marketing point is a 40% monthly ROI:
MAKE 40% OF YOUR INVESTMENT EVERY MONTH!
On their website, Emane Trade claim to generate external ROI revenue through the “mining, trade and arbitration of” bitcoin.
Naturally the company provides no evidence of any bitcoin mining, trade or arbitration taking place – or any other source of external ROI revenue being used to pay affiliates.
That leaves new investment as the sole source of verifiable ROI revenue entering the company.
Furthermore Emane Trade’s business model fails the Ponzi logic test.
If Carlos Barbosa were actually able to generate a legitimate 40% ROI month after month (actually more once referral commissions are factored in), they wouldn’t be soliciting investment from randoms over the internet.
From there’s it the same old MLM cryptocurrency Ponzi story.
With no external ROI revenue, Emane Trade’s use of newly invested funds to pay existing affiliates a monthly 40% ROI makes it a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dies down so too will new investment.
This will starve Emane Trade of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of investors lose money.