Kryptomusk fails to provide ownership or executive information on its website.

Kryptomusk operates from two known website domains:

  1. kryptomusk.com – privately registered on November 25th, 2022
  2. kryptomusk.net – privately registered on on November 26th, 2022

In an attempt to appear legitimate, Kryptomusk provides incorporation details for “Kryptomusk LTD” and “Kryptomusk LLC”.

Kryptomusk LTD was purportedly incorporated in the UK on December 22nd, 2022.

An MLM company operating or claiming to operate out of the UK is a red flag.

UK incorporation is dirt cheap and effectively unregulated. On top of that the FCA, the UK’s top financial regulator, do not actively regulate MLM related securities fraud.

As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.

For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.

Kryptomusk LLC is purportedly a shell company incorporated in Delaware on February 7th, 2023.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence shell incorporation in any jurisdiction is again meaningless.

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.

Kryptomusk’s Products

Kryptomusk has no retailable products or services.

Affiliates are only able to market Kryptomusk affiliate membership itself.

Kryptomusk’s Compensation Plan

Kryptomusk affiliates invest USD equivalents in cryptocurrency. This is done on the promise of advertised returns:

  • Basic Plan – invest $25 to $9999 and receive 1.5% a day for 180 days
  • Premium Plan – invest $10,000 to $49,999 and receive 2% a day for 150 days
  • Executive Plan – invest $50,000 to $149,999 and receive 2.5% a day for 120 days

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

Referral Commissions

Kryptomusk pays referral commissions on cryptocurrency invested by personally recruited affiliates:

  • Basic Plan tier affiliates receive an 8% referral commission rate
  • Premium Plan tier affiliates receive a 9% referral commission rate
  • Executive Plan tier affiliates receive a 10% referral commission rate

Residual Commissions

Kryptomusk 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 Kryptomusk tallies up new investment volume on both sides of the binary team.

Affiliates are paid 10% of new investment on their weaker binary team side, capped daily based on how much they’ve invested:

  • Basic Plan tier affiliates can earn up to $1000 in daily residual commissions
  • Premium Plan tier affiliates can earn up to $5000 in daily residual commissions
  • Executive Plan tier affiliates can earn up to $15,000 in daily residual commissions

Joining KryptoMusk

Kryptomusk affiliate membership is free.

Full participation in the attached income opportunity requires an initial $25 to $149,999 investment.

Kryptomusk solicits investment in various cryptocurrencies.

Kryptomusk Conclusion

Kryptomusk represents it generates external revenue via cryptocurrency trading.

Krypto Musk trades with top centralized and decentralised crypto currency and generate profits every day.

In addition to there being no evidence Kryptomusk generates external revenue of any kind, this claim fails the Ponzi logic test.

If Kryptomusk was able to trade cryptocurrency such they were legitimately generating 2.5% a day on a consistent basis, what do they need your money for?

Furthermore, Kryptomusk’s passive investment opportunity constitutes a securities offering.

Kryptomusk fails to provide evidence it has registered with financial regulators in any jurisdiction. This means that at a minimum, Kryptomusk is committing securities fraud.

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

Using new investment to pay affiliate withdrawals would make Kryptomusk a Ponzi scheme.

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

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

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