Meta Bounty Hunters Review: Star Wars ripoff NFT Ponzi
Meta Bounty Hunters provides no information on its website about who owns or runs the company.
Meta Bounty Hunters’ website domain (“metabountyhunters.io”), was privately registered on November 30th, 2021.
In the FAQ section of Meta Bounty Hunters’ website, we learn
MBH Community has secured an exclusive agreement with Calli.Finance, a digital asset staking pool company.
Calli.Finance is currently nothing more than a password protected website:
With a bit of poking around we learn Calli.Finance is an off-the-shelf website template.
The template is called “DeFi X” and was “was designed & developed by the team of Webflow Experts at BRIX Agency.”
Calli Finance’s website source-code also points to “The Startup Kit”:
The Startup Kit is a dead digital marketing business. On LinkedIn Matthew F. Greene (aka Matt Greene), cites himself as President of The Startup Kit.
Greene also claims to be a Platinum 5000 in IM Mastery Academy. He signed up in 2016.
Getting back to Calli Finance, the company’s website domain was privately registered on December 12th, 2021.
Given the proximity to registration of Meta Bounty Hunters’ domain, and there obviously being no existing business, it follows that the same people are behind both.
Meta Bounty Hunters herds its affiliates into a discord group, which serves as the company’s official channel of communication.
Update 2nd February 2022 – It is increasingly looking like Meta Bounty Hunters is an iBuumerang spinoff.
This would tie Holton Buggs to Meta Bounty Hunters’ ownership. /end update
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.
Meta Bounty Hunters’ Products
Meta Bounty Hunters has no retailable products or services.
Affiliates are only able to market Meta Bounty Hunters affiliate membership itself.
Meta Bounty Hunters’ Compensation Plan
Meta Bounty Hunters invest cryptocurrency into a collection of 8888 AI generated NFTs.
Meta Bounty Hunters don’t specify the cryptocurrency invested but its website frequently mentions ethereum.
In any event, ethereum or otherwise, Meta Bounty Hunters affiliates invest cryptocurrency on the promise of a weely ROI.
Update 2nd February 2022 – Meta Bounty Hunters is selling its NFT investment positions for $2000 worth of ethereum each. /end update
Invested cryptocurrency can be locked up for three, six or twelve months.
Meta Bounty Hunters pays the weekly ROI from newly invested funds.
The MLM side of Meta Bounty Hunters pays on recruitment of affiliate investors.
Referral Commissions
Meta Bounty Hunters pays referral commissions via a unilevel compensation structure.
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.
Meta Bounty Hunters caps payable unilevel team levels at seven.
Referral commissions are paid out as a percentage of cryptocurrency invested across these seven levels as follows:
- level 1 (personally recruited affiliates) – 20%
- level 2 – 10%
- levels 3 to 6 – 8%
- level 7 – 10%
There appears to be a 4% bonus available on referral commissions, however this isn’t explained in Meta Bounty Hunters’ compensation documentation.
Bonus Pools
Each Meta Bounty Hunter NFT is assigned an arbitrary “rarity” value.
Investors holding one or more of the top arbitrarily rare Meta Bounty Hunters NFTs each receive a share in a bonus pool.
There is another bonus pool for affiliate investors holding one or more of the top 100 arbitrarily rare NFTs.
Both bonus pools are made up of 2% of the 85% of investment Meta Bounty Hunters funnels into its compensation plan.
Joining Meta Bounty Hunters
Meta Bounty Hunters affiliate membership appears to be free.
Full participation in the attached income opportunity requires an NFT investment.
At time of publication, Meta Bounty Hunters do not disclose how much they will flog NFTs to their affiliate investors for.
Meta Bounty Hunters Conclusion
Meta Bounty Hunters is a simple MLM crypto Ponzi scheme.
The fraud is wrapped up in a theme ripped off from Star Wars’ Mandalorian lore.
Reading like Star Wars fan-fiction written by an eight-year old, here’s Meta Bounty Hunters’ official “backstory”:
A Once Bright Empire, Shrouded in Darkness…
The Galactic Cryptopia was once our hope. A shining, golden empire emerged from the seemingly endless Dark Ages and species from all over the universe heard it’s call for peace.
New planets and ecosystems began to develop in its wake, such as the daytime planet of SOL, shining brightly without ever a need for night.
The GC introduced groundbreaking technologies that continued expanding into new territories and the need for war lessened every day. But as the Cryptopians stretched their hand into the far shadows of the universe, dark forces began to answer.
Organizations like the FUD syndicate emerged, determined to infiltrate this shining new empire in order to manipulate and exploit the technologies for their own, evil gain.
Known crime bosses from across the galaxy began to form together and developed leagues such as SCAM, known for their trickery, swift robberies and leaving countless blindsided in their wake.
As the dark haze of scum and villainy begins to once again cloud the universe, victims cry out for their saviors.
A Glimmer of Hope Emerges…
A man who lost everything to SCAM. A barbarian, honoring his fallen planet through every battle. A former assassin, looking to forge a new path.
No matter their background, home planet, or species, one way or another these souls found themselves on the Planet Satoshi, home to the once great Bounty Hunters Guild.
After years of silence and solitude, even Satoshi’s inhabitants began to hear the calls from those across the galaxy who could not help themselves.
Banding their skills together in the abandoned Guild’s base, these warriors formed their own league – one for the good of the people and the universe.
And thus, the Meta Bounty Hunters Guild was founded – even bigger and more powerful than its namesake.
Now, the Hunters are gathering the elite of the elite from across the universe – the top 8,888 warriors that could bring a new hope to those who have lost theirs.
The Guild recognizes the hard work of becoming a Meta Bounty Hunter; becoming a member of the Guild is rewarding both morally and financially.
All members will receive a weekly stipend for their commitment to the good of the universe, as well as increased rewards for increased bounties collected.
Do you have what it takes to survive amongst the ruthless and cunning?
Do you have what it takes to forsake a normal life for one of adventure, danger, and ultimate heroism?
Join the best of the best and make the universe a better place – join the Meta Bounty Hunters Guild.
I wholeheartedly apologize for putting you through that, but I thought it was important to preserve the cringe.
Disney, who own Star Wars, are well-known for protecting their IP. Whether anything comes of that I can’t say.
Sidenote: anyone who thinks cryptocurrency protects you from IP theft lawsuits is a moron. Disney has infinity money to pursue Meta Bounty Hunters’ owner(s) in court.
As to the Meta Bounty Hunters’ NFT collection itself, there are 8888 NFTs. It’s the usual base template with RNG cosmetics, typical of low-effort cash grabs.
Based on Meta Bounty Hunters’ compensation documentation, the company’s owners keep 15% of invested cryptocurrency.
The remaining 85% is used to pay weekly returns, recruitment commissions and some other fluff.
The representation that Calli Finance is going to create external revenue is unverifiable, which in and of itself is illegal.
This brings us to Meta Bounty Hunters’ pseudo-compliance.
Meta Bounty Hunters’ passive investment scheme constitutes a securities offering. This requires registration with financial regulators.
When an MBH NFT is purchased, the commitment to the community is that 85% of the proceeds from purchase will be contributed into a dedicated custodial account of MBH Community via a smart contract with Calli.Finance.
Calli.Finance will provide an audited monthly report of the total assets in custodial accounts and the monthly yield generated from the custodial accounts.
The above is from Meta Bounty Hunters’ compensation documentation. Regardless of whether Calli Finance provides audited reports, they are meaningless unless filed with financial regulators.
The mention of an audit suggests Meta Bounty Hunters’ owners know full-well they’re committing securities fraud.
This is further evidence by Meta Bounty Hunters’ claiming their illegal unregistered securities offering isn’t a securities offering.
Not A Securities Offering.
The MBH NFTs are a stand alone collection and the purchase of such is an independent transaction and has no relationship to the choice in use of proceeds by the community founders as it relates to their choice in supporting the vision and roadmap of the MBH Community.
This document or any part of it does not constitute a prospectus or offer document of any type or nature and is not intended to constitute an offer of securities or a solicitation for investment insecurities in any jurisdiction.
Regardless of whether Meta Bounty Hunters “intends” to offer securities, that’s what they’re doing.
Outside of the the Ponzi scheme, the rest of Meta Bounty Hunters operates as a pyramid scheme.
You recruit affiliate investors, you get paid. They recruit affiliate investors, you get a cut. Nothing is marketed or sold to retail customers.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Meta Bounty Hunters of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, they majority of participants lose money.
Meta Bounty Hunters is currently in prelaunch:
Based on Meta Bounty Hunters’ representations, there are currently 5000 scammers waiting to get in before “the public” and steal their money.
If that doesn’t work out, I suppose they’ll steal from each other. Either way it’s an inevitable race to the bottom.
Update 27th February 2022 – BehindMLM can now confirm Holton Buggs and Travis Bott are behind Meta Bounty Hunters.
Update 28th May 2022 – Meta Bounty Hunters is part of Travis Bott’s Meta Labs Agency.
Meta Labs Agency sees Bott launch an NFT Ponzi factory.
My tip had Travis Bott attached to this. I was unable to verify.
Shohan Bowala is spreading the narrative of Travis Bott being involved here. Since he is a notorious liar, we can’t trust that information.
Most probably he also reported MBH to you. Everything is a Ponzi unless he promotes it. LOL.
If it was Bowala then he was pretending to be someone else.
In the interests of transparency I was only given a company name to go on. This review was researched from scratch.
I attended a presentation on zoom yesterday and a guy named Avinash Nagamah did the presentation.
I see him mentioned on a couple of other articles Oz wrote.
Avinash Nagamah = WorldVentures > iBuumerang > various MLM crypto Ponzi schemes
And of course he’s a BusinessForHome mAsTeRcLaSs SpEaKeR.
OMG this scam is gonna be HUGE!
Dont you have any more info please?
Obviously United Investors Group International (UIGI, Rabu Gary’s group) is already pushing this.
BehindMLM’s initial reviews evaluate the business.
If there’s any shenanigans or regulatory action down the track we’ll cover them.
Meta Bounty Hunters are laughably claiming 5000 new members are joining their Discord server every 24 hours or so.
This doesn’t match engagement on my end or Meta Bounty Hunters’ own social/website engagement.
I suspect a whole lot of botting is going on. Investors beware.
Looks like we found who created the Meta Bounty Hunters Twitter Page:
ibb.co/K0jqd75
Doubt that’s a coincidence. Worth noting for Meta Bounty victims in the making but not definitive for me to confirm on my end.
I know for a fact Travis Bott is part of this project. I’m told He has Partnered with Holton Buggs and others.
If Mr. Bott is involved then you know it shady at best.
Holton Buggs’ second crack at crypto fraud?
Still waiting on confirmation to surface…
Also funny how the “5000 new members a day” marketing stopped after it was called out here.
@OZ what type of confirmation are you looking for? Just look at the number of Ibuumerang execs marketing the crap.
One tried to tell me it has nothing to do with Ibuumerang. Then why is every person from that company spreading this junk all over? I smell a rata big fat arrogant rat.
Something concrete I can report on. I can’t cite “I know for a fact” as a verifiable source.
I’ve got a bit of news to cover today. Let me get through that and I’ll see if I can dig anything reliable up.
understood….. If anything comes my way that is not hearsay I will share.
Rabu Gary promotes every scam. This guy is just fake like his paid reports about him in several online magazines
Wait they even claim to have Mike S. MILLER HE EVEN SPOKE on Discord the other day. What you know about that?
Great website to make a good NFT project sounds bad whilst this is gonna blow up and reach a top achievement in NFT history!
@WolfOz
I know that legitimacy via association isn’t a thing.
I also discussed Miller’s potential liability here – https://behindmlm.com/companies/meta-bounty-hunters-an-ibuumerang-holton-buggs-spinoff/
@Jay
You and the rest of the MLM crypto scammers define “good” as “how much money can I steal?”
BehindMLM’s reviews don’t classify Ponzi schemes good or bad. They’re all scams in which the majority of participants are guaranteed to lose money.
He wasn’t wrong then.
It’s not rocket science. Travis bott is clearly behind MBH in partnership with Holton Buggs.
Sounds like someone is upset that their scam is getting exposed.