Gladiaverse Review: Smart-contract MLM crypto Ponzi
Gladiaverse fails to provide ownership or executive information on its website.
In fact as I write this, Gladverse’s website is nothing more than an affiliate log in/sign up form:
Gladiaverse hiding basic information about the company is a red flag.
Gladiaverse’s website domain (“gladiaverse.io”), was privately registered on June 8th, 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.
Gladiaverse’s Products
Gladiaverse has no retailable products or services.
Affiliates are only able to market Gladiaverse affiliate membership itself.
Gladiaverse’s Compensation Plan
Gladiaverse affiliates invest the cryptocurrency tron (TRX). This is done on the promise of an “up to 3.1%” a day passive return.
The MLM side of Gladiaverse pays on recruitment of affiliate investors.
Gladiaverse Affiliate Ranks
There are eight affiliate ranks within Gladiaverse’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- GV1 – pay a 500 TRX membership fee
- GV2 – invest 1000 TRX
- GV3 – invest 2000 TRX
- GV4 – invest 4000 TRX
- GV5 – invest 8000 TRX
- GV6 – invest 16,000 TRX
- GV7 – invest 32,000 TRX
- GV8 – invest 64,000 TRX
Residual Commissions
Gladiaverse pays 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 Gladiaverse tallies up new investment volume on both sides of the binary team.
Residual commissions are paid as a percentage of new investment on the weaker binary team side:
- GV1 ranked affiliates earn a 6% residual commission rate, capped at 1000 TRX a day
- GV2 ranked affiliates earn a 7% residual commission rate, capped at 2000 TRX a day
- GV3 ranked affiliates earn a 9% residual commission rate, capped at 4000 TRX a day
- GV4 ranked affiliates earn a 10% residual commission rate, capped at 8000 TRX a day
- GV5 ranked affiliates earn a 13% residual commission rate, capped at 16,000 TRX a day
- GV6 ranked affiliates earn a 15% residual commission rate, capped at 32,000 TRX a day
- GV7 ranked affiliates earn a 17% residual commission rate, capped at 64,000 TRX a day
- GV8 ranked affiliates earn a 21% residual commission rate, capped at 128,000 TRX a day
Once paid out on, volume is matched against the stronger binary team side and flushed.
Any leftover volume on the stronger binary team side carries over.
Joining Gladiaverse
Gladiaverse affiliate membership starts at 500 TRX. Note that this tier does not qualify for a daily ROI.
Full participation in Gladiaverse’s passive returns opportunity requires a minimum 1000 TRX investment.
Gladiaverse Conclusion
Gladiaverse is a fraudulent investment scheme dressed up in “gaming” marketing.
Beneath its gaming shell, Gladiaverse is a typical AI trading bot MLM crypto Ponzi.
Gladiaverse is an advanced smart contract developed on the Tron network, using algorithms and AI technology.
Gladiaverse might track new investment, returns, commissions and withdrawals through a smart-contract, but the use of a smart-contract alone isn’t proof of external revenue.
Gladiaverse does not provide verifiable evidence it generates external revenue of any kind.
Furthermore, Gladiaverse’s passive returns investment scheme constitutes a securities offering. Gladiaverse fails to provide evidence it has registered its securities offering with financial regulators in any jurisdiction.
Gladiaverse committing verifiable securities fraud goes hand in hand with it running a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Gladiaverse of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Update 27th August 2024 – Gladiaverse has collapsed. As at the time of this update, Gladiaverse’s website is still online but withdrawals have been disabled.
I just heard that this is no longer paying. The contract has no more funds. It looks like their last day to pay was back on August 11th according to Telegram.
A YouTuber promoting this did a video today saying it’s over.
Confirmed. Thanks for the heads up, I’ll add an update to the review.