HelaSmart Review: Scam feeder MLM opp
HelaSmart fails to provide ownership or executive information on its website.
HelaSmart’s website domain (“helasmart.com”), was privately registered on July 6th, 2024.
As of October 2024, SimilarWeb tracked ~328,000 monthly visits to HelaSmart’s website.
59% of HelaSmart’s website traffic originates from Uganda. This is followed by 41% from Kenya.
It is highly likely whoever is running HelaSmart is based out of Africa.
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.
HelaSmart’s Products
HelaSmart has no retailable products or services.
Affiliates are only able to market HelaSmart affiliate membership itself.
HelaSmart affiliate membership provides access to social media manipulation, trading bots and a “1Win Aviator” online casino game.
HelaSmart’s Compensation Plan
HelaSmart’s compensation plan pays on recruitment of affiliate investors.
HelaSmart pays commissions per affiliate recruited down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 54%
- level 2 – 27%
- level 3 – 9%
Joining HelaSmart
HelaSmart affiliate membership is $5.
HelaSmart Conclusion
HelaSmart as an MLM company is a $5 pyramid scheme.
90% of each $5 affiliate membership paid in is paid out as commissions. The remaining 10% is kept by HelaSmart’s anonymous owner.
HelaSmart also funnels affiliates into various third-party schemes, on which HelaSmart’s anonymous admin receives a cut.
As with all MLM pyramid schemes, once affiliate recruitment dries up so too will commissions.
This will see HelaSmart collapse, resulting in the majority of participants losing money.
What exactly is social media manipulation in this context?
From HelaSmart’s website: