Maxpread Technologies fails to provide ownership or executive information on its website.

Maxpread Technologies’ website domain (“maxpread.com”), was privately registered on July 2nd, 2022.

Through the Wayback Machine, we can see Maxpread Technologies’ current website went live on or around November 2022.

Despite only existing for a few months, Maxpread Technologies falsely claims it “has been operating for more than 5 years”.

In an attempt to appear legitimate, Maxpread Technologies provides incorporation details for Maxpread Technologies LTD in Hong Kong.

For the purpose of MLM due-diligence, shell company incorporation in any jurisdiction is meaningless.

An official marketing video embedded on Maxpread Technologies website consists of stock footage, narrated over by someone with an eastern-European accent.

A visit to Maxpread Technologies’ official YouTube channel reveals a second bizarre marketing video, depicting a press-conference in India.

The blond guy with the mic and an obvious Russian accent, seems to be running the event. He introduces the guy sitting next to him in the white waistcoat, as someone “very famous and recognized influenced businessman in the north part of Russia”.

“Albert Ignatev” speaks Russian and apparently isn’t fluent in English.

Beyond verifying ties to Russia, I wasn’t able to dig up anything concrete on the man playing Albert Ignatev.

 

Update 19th February 2023 – Jan Gregory, aka Jan Cerato, is claiming to be Maxpread Technologies’ “Global Leader and Brand Manager”.

Unlike Gregory’s other running Ponzi scheme, CoinMarketBull, I don’t think Gregory is directly running Maxpread Technologies.

Instead Gregory appears to be working directly with the eastern European scammers detailed above. /end update

 

SimilarWeb currently tracks top sources of traffic to Maxpread Technologies website as Venezuela (38%), Germany (16%) and Vietnam (15%).

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.

Maxpread Technologies’ Products

Maxpread Technologies has no retailable products or services.

Affiliates are only able to market Maxpread Technologies affiliate membership itself.

Maxpread Technologies’ Compensation Plan

Maxpread Technologies affiliates invest tether (USDT). This is done on the promise of a daily 0.6% to 1.2% ROI.

  • MX100 – invest 100 USDT
  • MX500 – invest 500 USDT
  • MX1000 – invest 1000 USDT
  • MX2500 – invest 2500 USDT
  • MX5K – invest 5000 USDT
  • MX10K – invest 10,000 USDT
  • MX25K – invest 25,000 USDT
  • MX50K – invest 50,000 USDT
  • MX100K – invest 100,000 USDT
  • MX250K – invest 250,000 USDT
  • MX500K – invest 500,000 USDT
  • MX1000K – invest 1,000,000 USDT

The MLM side of Maxpread Technologies pays on recruitment of affiliate investors.

Maxpread Technologies Affiliate Ranks

There are twenty-two ranks within Maxpread Technologies compensation plan.

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

  • M1 – invest 100 USDT
  • M2 – invest 500 USDT and generate 1250 USDT downline investment across your unilevel team
  • M3 – maintain a 500 USDT investment and generate 2500 USDT downline investment across your unilevel team
  • M4 – maintain a 500 USDT investment and generate 4000 USDT downline investment across your unilevel team
  • M5 – invest 1000 USDT and generate 6000 USDT in downline investment across your unilevel team
  • M6 – maintain a 1000 USDT investment and generate 8000 USDT in downline investment across your unilevel team
  • M7 – maintain a 1000 USDT investment, generate 2000 USDT in personally recruited affiliate investment volume and 12,000 USDT in total downline investment across your unilevel team
  • M8 – invest 2500 USDT, generate 2500 USDT in personally recruited affiliate investment volume and 16,000 USDT in total downline investment volume across your unilevel team
  • M9 – maintain a 2500 USDT investment, generate 3000 USDT in personally recruited affiliate investment volume and 24,000 USDT in total downline investment volume
  • M10 – maintain a 2500 USDT investment, generate 4000 USDT in personally recruited affiliate investment volume, 32,000 USDT in main leg unilevel team volume and 24,000 USDT in total downline investment volume
  • M11 – invest 5000 USDT, generate 7000 USDT in personally recruited affiliate investment volume, 55,000 USDT in main leg unilevel team volume and 80,000 USDT in total downline investment volume
  • M12 – maintain a 5000 USDT investment, generate 9500 USDT in personally recruited affiliate investment volume, 64,000 USDT in main leg unilevel team volume and 96,000 USDT in total downline investment volume
  • M13 – maintain a 5000 USDT investment, generate 12,500 USDT in personally recruited affiliate investment volume, 80,000 USDT in main leg unilevel team volume and 160,000 USDT in total downline investment volume
  • M14 – invest 10,000 USDT, generate 17,000 USDT in personally recruited affiliate investment volume, 170,000 USDT in main leg unilevel team volume and 330,000 USDT in total downline investment volume
  • M15 – maintain a 10,000 USDT investment, generate 30,000 USDT in personally recruited affiliate investment volume, 250,000 USDT in main leg unilevel team volume and 550,000 USDT in total downline investment volume
  • M16 – maintain a 10,000 USDT investment, generate 50,000 USDT in personally recruited affiliate investment volume, 350,000 USDT in main leg unilevel team volume and 850,000 USDT in total downline investment volume
  • M17 – invest 25,000 USDT, generate 70,000 USDT in personally recruited affiliate investment volume, 500,000 USDT in main leg unilevel team volume and 1,300,000 USDT in total downline investment volume
  • M18 – maintain a 25,000 USDT investment, generate 90,000 USDT in personally recruited affiliate investment volume, 700,000 USDT in main leg unilevel team volume and 1,700,000 USDT in total downline investment volume
  • M19 – maintain a 25,000 USDT investment, generate 120,000 USDT in personally recruited affiliate investment volume, 1,000,000 USDT in main leg unilevel team volume and 3,000,000 USDT in total downline investment volume
  • M20 – invest 50,000 USDT, generate 150,000 USDT in personally recruited affiliate investment volume, 1,500,000 USDT in main leg unilevel team volume and 4,500,000 USDT in total downline investment volume
  • M21 – maintain a 50,000 USDT investment, generate 200,000 USDT in personally recruited affiliate investment volume, 2,300,000 USDT in main leg unilevel team volume and 7,700,000 USDT in total downline investment volume
  • M22 – invest 140,000 USDT, generate 300,000 USDT in personally recruited affiliate investment volume, 2,700,000 USDT in main leg unilevel team volume and 11,850,000 USDT in total downline investment volume

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

“Personally recruited affiliate investment volume” refers to investments made by personally recruited affiliates.

“Main leg unilevel team volume” is investment volume across your strongest unilevel team leg.

“Total downline investment volume” is investment volume across your entire unilevel team.

Although not clarified, I believe required investment amounts for rank qualification must be active investment volume.

Referral Commissions

Maxpread Technologies affiliates earn 5% of USDT invested by personally recruited affiliates.

Residual Commissions

Maxpread Technologies 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 week Maxpread Technologies tallies up new investment volume on both sides of the binary team.

Affiliates are paid up to 12% of USDT invested on their weaker binary team side.

Specific residual commission rates are determined by rank:

  • M2 to M4 ranked affiliates earn a 5% residual commission rate
  • M5 to M7 ranked affiliates earn a 6% residual commission rate
  • M8 to M10 ranked affiliates earn a 7% residual commission rate
  • M11 to M13 ranked affiliates earn an 8% residual commission rate
  • M14 to M16 ranked affiliates earn a 9% residual commission rate
  • M17 to M19 ranked affiliates earn a 10% residual commission rate
  • M20 to M21 ranked affiliates earn an 11% residual commission rate
  • M22 ranked affiliates earn a 12% residual commission rate

To qualify for residual commissions, a Maxpread Technologies affiliate must recruit two affiliates who each have invested at least 500 USDT.

Also note that residual commissions are capped at 400% of the highest tier a Maxpread Technologies affiliate has invested at.

Matching Bonus

Maxpread Technologies pays a Matching Bonus on residual commissions earned by unilevel team affiliates (see “Maxpread Technologies Affiliate Ranks” above for unilevel team explanation).

  • M11 to M13 ranked affiliates earn a 5% match on level 1 (personally recruited affiliates)
  • M14 to M16 ranked affiliates earn a 5% match on level 1 and 3% on level 2
  • M17 to M19 ranked affiliates earn a 5% match on level 1, 3% on level 2 and 2% on level 3
  • M20 and M21 ranked affiliates earn a 5% match on level 1, 3% on level 2, 2% on level 3 and 1% on level 4
  • M22 ranked affiliates earn a 5% match on level 1, 3% on level 2, 2% on level 3 and 1% on levels 4 and 5

Fast Start Bonus

The Fast Start Bonus rewards affiliates for recruiting affiliate investors within their first 14 days.

  • generate 5000 USDT in investment volume and receive 150 USDT
  • generate 10,000 USDT in investment volume and receive 500 USDT
  • generate 25,000 USDT in investment volume and receive 2000 USDT
  • generate 50,000 USDT in investment volume and receive 5000 USDT

Rank Achievement Bonus

Maxpread Technologies rewards affiliates for qualifying at M2 and higher with the following one-time Rank Achievement Bonuses:

  • qualify at M2 and receive 75 USDT
  • qualify at M3 and receive 100 USDT
  • qualify at M4 and receive 150 USDT
  • qualify at M5 and receive 200 USDT
  • qualify at M6 and receive 250 USDT
  • qualify at M7 and receive 300 USDT
  • qualify at M8 and receive 400 USDT
  • qualify at M9 and receive 500 USDT
  • qualify at M10 and receive 750 USDT
  • qualify at M11 and receive 1000 USDT
  • qualify at M12 and receive 1500 USDT
  • qualify at M13 and receive 2300 USDT
  • qualify at M14 and receive 4000 USDT
  • qualify at M15 and receive 6000 USDT
  • qualify at M16 and receive 10,000 USDT
  • qualify at M17 and receive 15,000 USDT
  • qualify at M18 and receive 20,000 USDT
  • qualify at M19 and receive 30,000 USDT
  • qualify at M20 and receive 45,000 USDT
  • qualify at M21 and receive 75,000 USDT
  • qualify at M22 and receive 140,000 USDT

Infinity Bonus

Maxpread Technologies takes 3% of company-wide investment volume and places it into the Infinity Bonus.

The Infinity Bonus is split into smaller pools, corresponding to the M20 to M22 ranks.

  • M20 affiliates receive a share in a 0.5% Infinity Bonus pool
  • M21 affiliates receive a share in a 1% Infinity Bonus pool
  • M22 affiliates receive a share in a 1.5% Infinity Bonus pool

Marketing Bonus

Upon qualifying at M11, Maxspread Technologies rewards affiliates with

a one-time payment of 2000 USDT as a compensation of the partner’s cost for opening an advisory center.

In addition to the one-time payment, M11 and higher ranked affiliates receive a 3% Marketing Bonus on downline investment volume.

Joining Maxpread Technologies

Maxpread Technologies affiliate membership appears to be free.

Full participation in the attached income opportunity requires a minimum 100 USDT investment.

Maxpread Technologies Conclusion

Maxpread Technologies represents it generates external revenue through “digital asset arbitrage” via “AI-based software”.

No evidence of Maxpread Technologies trading or generating any other form of external revenue is provided.

As bot trading and crypto mining pool ruses decline, AI is becoming the top MLM Ponzi scheme ruse.

What’s interesting about Maxpread Technolgies is the use of India to shoot its Boris CEO marketing videos. One would think this would lead to promotion of Maxpread Technologies in India.

SimilarWeb however isn’t tracking India as a significant source of Maxpread Technologies website traffic.

This isn’t unusual, as Russian Boris CEO scammers typically don’t promote in Russia or the country they hire actors in. India being one of those countries however is unusual.

Whether India emerges as a Boris CEO Ponzi factory remains to be seen.

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

Using new investment to pay affiliates up to 330% a year makes Maxpread Technologies a Ponzi scheme.

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

This wills tarve Maxpread Technologies of ROI revenue, eventually prompting a collapse.

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

 

Update 6th June 2023 – Maxpread Technologies has effectively collapsed.

Withdrawal delays began mid-May and CEO Jan Gregory has abandoned the company.

 

Update 13th June 2023 – Following nonpayment of withdrawals, BehindMLM has called Maxpread Technologies’ collapse.