Hodl Game Review: Nine-tier cryptocurrency Ponzi cycler
Hodl Game provides no information on its website about who owns or runs the business.
The Hodl Game website domain (“hodlgame.net”) was privately registered on July 13th, 2018.
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.
Hodl Game Products
Hodl Game has no retailable products or services, with affiliates only able to market Hodl Game affiliate membership itself.
The Hodl Game Compensation Plan
Hold Game pay commissions via a nine-tier 1×4 matrix cycler.
A 1×4 matrix is simple in nature, requiring only four subsequent positions to be filled to generate a commission.
Payments across Hodl Game’s twelve cycler tiers are as follows:
- level 1 (positions cost $10) – $10 commission and cycles into level 2
- level 2 – $20 commission and cycles into level 3
- level 3 – $50 commission, generates a new level 1 position and cycles into level 4
- level 4 – $50 commission and cycles into level 5
- level 5 – $125 commission and cycles into level 6
- level 6 – $150 commission, generates a new level 4 position and cycles into level 7
- level 7 – $200 commission and cycles into level 8
- level 8 – $500 commission and cycles into level 9
- level 9 – $1100 commission and generates a new level 7 position
A 100% cycle Matching Bonus is also paid to an affiliate’s immediate upline (the affiliate who recruited them).
Joining Hodl Game
Hodl Game affiliate membership is tied to the purchase of at least one $10 cycler position.
Note that all payments within Hodl Game (both paid and received) are made in either bitcoin, bitcoin cash or litecoin.
Despite the use of “hodl” verbiage and cryptocurrency for payment, Hodl Game is just another MLM cycler Ponzi scheme.
Hodl Game affiliates buy in, with subsequent investment used to pay a ROI at each cycler tier.
The use of newly invested funds to pay existing investors makes Hodl Game a Ponzi scheme.
What happens on the backend of a Ponzi cycler is over time each tier becomes stuffed with phantom positions. These are generated through “re-entry” and are problematic because they suck money out of the system without providing any new money in.
As time goes on ROI payout times blow out, getting even worse when recruitment inevitably stalls.
As per the Hodl Game FAQ;
It’s Crypto and that’s the beautiy of it all, no chargebacks.
If you cannot afford to lose your initial outlay, do not join.
As more and more cycler tiers stall, eventually the entire scheme collapses.
The math behind Ponzi cyclers guarantees that when they collapse, the majority of investors lose money.