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

In fact as I write this, Overdome’s website is nothing more than an affiliate log in button.

Overdome’s website domain (“overdome.net”), was privately registered on November 11th, 2023.

Further research reveals Overdome marketing citing “Kemal Altun” as General Director.

I wasn’t able to find anything further on Altun. Whether he actually exists is unclear.

While who is running Overdome is unclear, some names we can attach to the company via their marketing are Mac-Elly Deslances and Alain Miheret.

Both Deslances and Miheret are cited as Overdome’s VP of Sales.

Deslances and Miheret are French former promoters of the Verse Network Ponzi scheme.

Verse Network, a spinoff of the collapsed Mainet Ponzi scheme, itself collapsed in October 2023.

Based on this timeline, it appears Overdome is a spinoff of Verse Network. Both Verse Network and Overdome are based out of Dubai.

If Verse Network owners Joseph Paillant and Brice van den Bussche are behind Overdome, this information is being hidden.

Other names we can attach to Overdome include Sal Khan:

Bryan Nguyen (Vietnam):

Pavel Rocas (Romania):

And Iuliana Enache and Lumu Kabasele:

Early promoters of Overdome all appear to be Verse Network scammers.

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.

BehindMLM’s guidelines for Dubai are:

  1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
  2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to Overdome, read on for a full review.

Overdome’s Products

Overdome has no retailable products or services.

Affiliates are only able to market Overdome affiliate membership itself.

Overdome’s Compensation Plan

Overdome affiliates invest $50 to $100,000 in tether (USDT).

This is done on the promise of a 300% ROI, paid at up to 1% a day Monday through Friday.

The MLM side over Overdome pays on recruitment of affiliate investors.

Overdome Affiliate Ranks

There are ten affiliate ranks within Overdome’s compensation plan.

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

  1. Affiliate – sign up as an Overdome affiliate
  2. Promoter – generate $1000 in downline investment volume
  3. Marketer – generate $3000 in downline investment volume
  4. Distributor – generate $25,000 in downline investment volume
  5. Associate – generate $50,000 in downline investment volume
  6. Diamond – generate $100,000 in downline investment volume
  7. Double Diamond – generate $500,000 in downline investment volume
  8. Crown Diamond – generate $1,000,000 in downline investment volume
  9. Royal Diamond – generate $3,000,000 in downline investment volume
  10. World Diamond – generate $10,000,000 in downline investment volume

Note that no more than 50% of required downline investment volume can come from any one recruitment leg.

Referral Commissions

Overdome pays referral commissions on USDT invested by personally recruited affiliates.

Overdome determines referral commission rates based on rank:

  • Affiliates receive a 4% referral commission rate
  • Promoters receive a 5% referral commission rate
  • Marketers receive a 7% referral commission rate
  • Distributors receive a 9% referral commission rate
  • Associates receive a 10.5% referral commission rate
  • Diamonds receive a 12% referral commission rate
  • Double Diamonds receive a 13% referral commission rate
  • Crown Diamonds receive a 14.5% referral commission rate
  • Royal Diamonds receive a 15% referral commission rate
  • World Diamonds receive a 15.5% referral commission rate

Note that Overdome’s referral commissions are coded. This means that 15.5% is paid out on every new investment.

If the referring Overdome affiliate isn’t World Diamond, they are paid their rank referral rate with the rest passed up to higher ranked affiliates.

Rank Achievement Bonus

Overdome pays a one-time Rank Achievement Bonus when affiliates qualify at Promoter or higher.

  • qualify at Promoter and receive $500
  • qualify at Marketer and receive $150
  • qualify at Distributor and receive $1000
  • qualify at Associate and receive $2000
  • qualify at Diamond and receive $5000
  • qualify at Double Diamond and receive $20,000
  • qualify at Crown Diamond and receive $50,000
  • qualify at Royal Diamond and receive $150,000
  • qualify at World Diamond and receive $500,000

Joining Overdome

Overdome affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $50 investment in USDT.

Overdome Conclusion

Overdome’s ruse is the same as Verse Network – cryptocurrency trading.

There’s also some nonsense about a crypto game:

We can put Overdome’s game aside as it has nothing to do with their MLM opportunity. With respect to crypto trading, Overdome fails to provide evidence it pays withdrawals with external revenue of any kind.

Overdome’s offering of a passive daily return constitutes a securities offering. This requires Overdome to register with regulators and periodically file audited financial reports.

Overdome fails to provide evidence it has registered with financial regulators in any jurisdiction.

This means that, at a minimum, Overdome is committing securities fraud and operating illegally.

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

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

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

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

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

For examples of this in action, look no further than Verse Network and Mainnet.