GIG Dece Review: Serial scammers milk Ponzi script
GIG Dece fails to provide verifiable ownership or executive information on its website.
While GIG Dece does provide a list of executives, they are fictional names represented by stolen profile photos:
BehindMLM came across Gig Dece in our MetaAIBox review from a few days ago. The same scammers are behind both schemes.
Interestingly MetaAIBox is a confirmed Boris CEO Ponzi fronted by a Russian teacher.
GIG Dece’s official FaceBook page is run from India:
This presents us with a few possibilities:
- Indian scammers hiring Russians to front their scams;
- Indian scammers working with Russian scammers; or
- Russian scammers outsourcing social media management to Indians
Personally my money is on option three.
GIG Dece’s website domain (“gigdece.com”), was privately registered on June 6th, 2024.
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.
GIG Dece’s Products
GIG Dece has no retailable products or services.
Affiliates are only able to market GIG Dece affiliate membership itself.
GIG Dece’s Compensation Plan
GIG Dece affiliates invest $10 or more in GIGChain token (GIG).
Once acquired, GIG tokens are used to participate in a “staking” model investment scheme.
GIG Dece don’t disclose specifics about their staking investment scheme but do reference it on their website:
Active staking is required to qualify for referral bonuses at each level.
The MLM side of GIG Dece sees it pay 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.
GIG Dece caps payable unilevel team levels at four. Referral commissions are paid as a percentage of funds invested across these four levels as follows:
- level 1 (personally recruited affiliates) – 4%
- level 2 – 3%
- level 3 – 2%
- level 4 – 1%
Joining GIG Dece
GIG Dece affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $10 investment in GIG tokens.
GIG Dece Conclusion
GIG Dece is a front-loaded pump and dump shit token scheme with a “staking” Ponzi backend.
GIG tokens are worthless outside of GIG Dece. GIG Dece has created 1.12 billion GIG tokens, which they are flogging to consumers on demand.
Bagholding while company owners sell is built into GIG Dece’s business model:
You can redeem up to 50% of your Buy Coin amount at any time before the coin launches on an exchange.
The staking side of GIG Dece is your typical “staking” model Ponzi. Affiliates invest in GIG, stake GIG and receive more GIG tokens. This is done with the hope of cashing out before other investors do.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve GIG Dece of ROI withdrawal revenue, eventually prompting a collapse.
It should be noted that GIG Dece might have already collapsed:
As above, GIG Dece’s last FaceBook post is dated January 3rd, 2025. Over on GIG Dece’s official Telegram group, investors are claiming GIG Dece’s admins have “vanished”:
Attention has likely shifted to MetaAIBox and other fraudulent investment schemes run by the same group of scammers.
Math guarantees that when a Ponzi scheme inevitably collapses, the majority of participants lose money.