GPTCoin fails to provide verifiable ownership and executive information on its website.

None of GPTCoin’s provided executives exist outside of its own marketing material:

In fact, none of the marketing claims on GPTCoin’s website hold up:

GPTCoin is jointly created by the Goldman Sachs Bank Group of the United States and Silicon Valley Valleywise GS.

Notwithstanding “Silicon Valley Valleywise GS” not being an actual company, this claim only exists within GPTCoin’s own marketing press-releases:

Whoever is running GPTCoin has slapped together a bunch of baloney and slapped it on a website.

GPTCoin’s website domain (“gptcoinai.com”), was privately registered on April 29th, 2023. GPTCoin’s website was put together in May 2023.

GPTCoin has a YouTube channel but there’s nothing on it. It appears back in May the company intended to launch with a Boris CEO:

“Tom Mueller” doesn’t feature on GPTCoin’s fictional executive list so it appears plans to run with a Boris CEO were abandoned.

I couldn’t quite place Mueller’s accent but it sounded vaguely European.

One potential geo link comes by way of World Blockchain Summit sponsorship:

Dubai-based World Blockchain Summit hold crypto circlejerk events around the world. It’s next scheduled event is in Singapore in August.

Dubai needs no introduction as the MLM crime capital of the world. Personally though I’m leaning more towards GPTCoin being tied to Singapore.

The only languages provided on GPTCoin’s website are English and Chinese:

Also note the Chinese subtitles in GPTCoin’s Boris CEO marketing video above.

Scammers in Asia pretending to be based out of the US is a recent trend, with recently collapsed Ponzi Fintoch coming to mind.

Fintoch falsely claimed it was owned by Morgan Stanley. GPTCoin’s marketing claims feel eerily similar.

In any event if GPTCoin hasn’t collapsed by August, it’ll be interesting to note who shows up to the World Blockchain Summit event.

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.

GPTCoin’s Products

GPTCoin has no retailable products or services.

Affiliates are only able to market GPTCoin affiliate membership itself.

GPTCoin’s Compensation Plan

GPTCoin affiliates invest tether (USDT). This is done on the promise of daily returns:

  • AFF1 – invest for 7 days and receive 1% a day
  • AFF2 – invest for 60 days and receive 1.2% a day (1.5% a day if no withdrawals)

The MLM side of GPTCoin pays on recruitment of affiliate investors.

GPTCoin Affiliate Ranks

There are nine affiliate ranks within GPTCoin’s compensation plan.

Along with their respective qualification criteria, they are as follows:

  1. G1 – recruit five affiliate investors and generate at least 30,000 USDT in downline investment volume
  2. G2 – recruit two G1 or higher ranked affiliates and generate at least 70,000 USDT in downline investment volume
  3. G3 – recruit at least two G2 or higher ranked affiliates and generate at least 150,000 USDT in downline investment volume
  4. G4 – recruit at least two G3 or higher ranked affiliates and generate at least 350,000 USDT in downline investment volume
  5. G5 – recruit at least two G4 or higher ranked affiliates and generate at least 800,000 USDT in downline investment volume
  6. G6 – recruit at least two G5 or higher ranked affiliates and generate at least 2,000,000 USDT in downline investment volume
  7. G7 – recruit at least two G6 or higher ranked affiliates and generate at least 4,000,000 USDT in downline investment volume
  8. G8 – recruit at least two G7 or higher ranked affiliates and generate at least 8,000,000 USDT in downline investment volume
  9. G9 – recruit at least two G8 or higher ranked affiliates and generate at least 10,000,000 USDT in downline investment volume

Referral Commissions

GPTCoin pays referral commissions on invested cryptocurrency down two levels of recruitment:

  • level 1 (personally recruited affiliates) – 30%
  • level 2 – 10%

ROI Match

GPTCoin pays a ROI match down two levels of recruitment:

  • G1 ranked affiliates earn a 15% match on level 1 and 10% on level 2
  • G2 ranked affiliates earn a 25% match on level 1 and 10% on level 2
  • G3 ranked affiliates earn a 35% match on level 1 and 10% on level 2
  • G4 ranked affiliates earn a 40% match on level 1 and 10% on level 2
  • G5 ranked affiliates earn a 45% match on level 1 and 10% on level 2
  • G6 ranked affiliates earn a 50% match on level 1 and 10% on level 2
  • G7 ranked affiliates earn a 55% match on level 1 and 10% on level 2
  • G8 ranked affiliates earn a 65% match on level 1 and 10% on level 2
  • G9 ranked affiliates earn a 75% match on level 1 and 10% on level 2

Note to qualify for the ROI Match, GPTCoin affiliates must invest at least 100 USDT.

Dividend Reward

G9 ranked GPTCoin affiliates who have at least four G9 ranked affiliates in their downline receive a share in 10% of GPTCoin’s company-wide investment.

NFT Investment

GPTCoin affiliates who recruit five affiliates can invest in NFT positions:

  • invest 1000 USDT and receive an NFT investment position that pays 0.01 GPTC a day
  • invest 5000 USDT and receive an NFT investment position that pays 0.05 GPTC a day
  • invest 10,000 USDT and receive an NFT investment position that pays 0.1 GPTC a day

GPTC is an in house GPTCoin token. I’m not sure if it actually exists yet or not.

Joining GPTCoin

GPTCoin affiliate membership is free.

Full participation in the attached income opportunity requires a minimum 10 USDT investment.

GPTCoin Conclusion

GPTCoin is a simple Ponzi scheme hidden behind an AI bandwagon marketing grift.

Despite its name and logo misappropriation, GPTCoin has nothing to do with OpenAI’s GPT AI platform.

GPTCoin’s Ponzi ruse of choice is an AI trading bot (because of course it is):

GPTCoin fails to provide evidence it generates external revenue via AI bot trading or any other source.

GPTCoin’s marketing claims also fail the Ponzi logic test:

Through backtesting of 2 million transactions, AI Fox has achieved stable daily profits with a growth rate of 2% to 10%.

If GPTCoin already has a bot generating 2% to 10% a day, what do they need your money for?

As it stands, the only verifiable source of revenue entering GPTCoin is new investment.

Using new investment to fund ROI withdrawals would make GPTCoin a Ponzi scheme.

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

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

GPTCoin’s exit-scam of choice is likely to be its GPTC tokens (Fintoch exit-scammed with its FTC token).

If GPTCoin doesn’t just disappear without warning, watch for a collapse the moment withdrawals entirely or partially switch to GPTC.

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

 

Update 6th March 2024 – GPTCoin has collapsed.

As at the time of this update, GPTCoin’s website and social media profiles have been deleted.

 

Update 29th October 2024 – GPTCoin’s website has reappeared online. Previously deleted GPTCoin social media accounts remain disabled.