Sky Marvel Review: SMT token staking Ponzi scheme
Sky Marvel fails to provide ownership or executive information on its website.
Sky Marvel’s website domain (“skymarvel.io”), was privately registered on December 25th, 2023.
Marketing videos on Sky Marvel’s official YouTube channel are feature robo-dubbed stock footage. This is typical of non-native English speaking scammers.
As discovered by Danny de Hek on YouTube, Sky Marvel marketing presentations appear to be primarily targeting Indians. This lends itself to Indians likely being behind Sky Marvel.
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.
Sky Marvel’s Products
Sky Marvel has no retailable products or services.
Affiliates are only able to market Sky Marvel affiliate membership itself.
Sky Marvel’s Compensation Plan
Sky Marvel affiliates invest 10 to 100,000 tether (USDT). This is done on the promise of a 200% ROI, paid at 1% a day.
Sky Marvel pays 20% of daily returns in tether (USDT). The other 80% is paid in Sky Marvel Token (SMT).
Note the Sky Marvel’s 200% ROI cap includes MLM commissions and bonuses. Once 200% is reached reinvestment is required to continue earning.
For no particular reason, Sky Marvel keeps 20% of an affiliate’s ROI and earned MLM commissions each week.
Note that Sky Marvel restricts affiliates from withdrawing 10% (of 80%) of returns and earned commissions each week.
The MLM side of Sky Marvel pays on recruitment of affiliate investors.
Referral Commissions
Sky Marvel 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.
Sky Marvel caps payable unilevel team levels at sixteen.
Referral commissions are paid as a percentage of cryptocurrency invested across these sixteen levels as follows:
- level 1 (personally recruited affiliates) – 5%
- level 2 – 2.5%
- levels 3 to 16 – 1%
ROI Match
Sky Marvel pays a ROI Match on daily returns paid to recruited affiliates.
The ROI Match is paid out using the same unilevel compensation structure used to pay referral commissions (see “Referral Commissions” above):
- level 1 – 50% match
- level 2- 25% match
- levels 3 to 16 – 10% match
Joining Sky Marvel
Sky Marvel affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 10 USDT investment.
Sky Marvel Conclusion
Sky Marvel is a simple MLM crypto Ponzi scheme. Returns are mostly paid in SMT token, which Sky Marvel generates on demand out of thin air.
SMT is a BSC-20 token. BSC-20 tokens can be created at little to no cost in a few minutes.
Naturally, SMT has no value outside of Sky Marvel’s Ponzi scheme.
Under the staking model, Sky Marvel solicits investment on the promise of a passive 200% ROI.
There is no external source of revenue. Affiliates are able to cash out SMT as long as Sky Marvel permits them to.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Sky Marvel of ROI revenue, eventually prompting a collapse.
Being a shit token Ponzi scheme, Sky Marvel’s collapse will likely see SMT dumped on dodgy exchanges. Alternatively, Sky Marvel could just exit-scam by disappearing altogether.
Either way the outcome is the same, Sky Marvel affiliates will be left bagholding yet another worthless Ponzi token.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.