Rainbow Fund Review: Staking ruse Ponzi scheme
Rainbow Fund fails to provide ownership or executive information on its website.
Rainbow Fund’s website domain (“rainbowhighreturn.com”), was privately registered on August 31st, 2023.
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.
Rainbow Fund’s Products
Rainbow Fund has no retailable products or services.
Affiliates are only able to market Rainbow Fund affiliate membership itself.
Rainbow Fund’s Compensation Plan
Rainbow Fund affiliates invest cryptocurrency on the promise of 11% to 15% a day for 15 days.
Rainbow Fund pays referral commissions on invested cryptocurrency down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 7%
- level 2 – 3%
- level 3 – 2%
Joining Rainbow Fund
Rainbow Fund affiliate membership is free.
Full participation in the attached income opportunity requires an undisclosed minimum investment.
Rainbow Fund solicits investment in various cryptocurrencies.
Rainbow Fund Conclusion
There’s not much to Rainbow Fund. The website is locked unless visitors sign up as an affiliate.
From the website menu bar however, we can see Rainbow Fund uses the staking Ponzi model.
Countries being targeted by Rainbow Fund, as tracked by September 2023 website visits by SimilarWeb, are Peru (59%), the US (9%), Colombia (8%), the Netherlands (7%) and France (4%).
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Rainbow Fund of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.