United Power Up Review: Another Crowd1 spinoff Ponzi
United Power Up fails to provide ownership or executive information on its website.
United Power Up’s website domain (“unitedpowerup.com”), was privately registered on June 14th, 2022.
Further research reveals affiliates citing Sverker Caron as United Power Up’s CEO:
Up until early 2022, Sverker Caron was Head of Product Development for the Crowd1 Ponzi scheme.
Caron was a regular Crowd1 promoter until he was promoted to Miggster.
They needed a project leader for Miggster, so I started with Miggster immediately.
But as I have a Crowd1 background, I’ve been at almost every event that we’ve had, the Philippines, in South Africa, and now in Dubai.
I do two shifts, I work with Miggster but I’m also out meeting the leaders and telling them about Crowd1.
Miggster was part of Crowd1’s ongoing attempts to legitimize investment fraud with attached products and services.
Initially pitched as a mobile gaming platform, when that ruse ran dry Planet IX was launched.
Like all the other Ponzi ruses it came up with, nobody in Crowd1 was interested in PlanetIX. The ruse fell apart in March 2022 through a staged sell off.
Crowd1 has all but collapsed amid ongoing withdrawal delays. The scammers that were tied to its gaming ruses, like Sverker Caron, have gone on to launch their own scams.
Star Horizon is one BehindMLM recently reviewed, headed up Emerge Gaming CEO Gregory Stevens. United Power Up appears to be another one.
On the corporate side of things, United Power Up is incorporated as Soniqeflow OÜ in Estonia. Beyond shell incorporation, United Power Up doesn’t appear to have any ties to Estonia.
Sverker Caron’s social media profiles cite him as a Swedish national living in Spain.
Prior to Crowd1, Caron promoted the World Games Inc, Enwire/Spinglo pyramid scheme, and Wenyard and Nasgo Ponzi schemes.
Read on for a full review of United Power Up’s MLM opportunity.
United Power Up’s Products
United Power Up has no retailable products or services.
Affiliates are only able to market United Power Up affiliate membership itself.
United Power Up’s Compensation Plan
United Power Up affiliates invest euros or bitcoin (BTC) equivalents into UP tokens.
- Small – invest €49 EUR and receive €55 EUR worth of UP tokens
- Medium – invest €99 EUR and receive €120 EUR worth of UP tokens
- Large – invest €499 EUR and receive €650 EUR worth of UP tokens
- X-Large – invest €999 and receive €1400 EUR worth of UP tokens
The MLM side of United Power Up is run through a convoluted commission system, paying out both in UP tokens and bitcoin.
United Power Up Affiliate Ranks
There are five affiliate ranks within United Power Up’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Affiliate – sign up as a United Power Up affiliate and invest
- One Star – generate €10,000 EUR in downline investment volume, split €5000 on both sides of the binary team
- Two Star – generate €15,000 EUR in downline investment volume, split €7500 on both sides of the binary team
- Three Star – generate €25,000 EUR in downline investment volume, split €12,500 on both sides of the binary team
- Four Star – generate €50,000 EUR in downline investment volume, split €25,000 on both sides of the binary team
- Starter – generate €250,000 EUR in downline investment volume, split €125,000 on both sides of the binary team
- Influencer – generate €500,000 EUR in downline investment volume, split €250,000 on both sides of the binary team
- Bronze – generate €750,000 EUR in downline investment volume, split €375,000 on both sides of the binary team
- Silver – generate €1,000,000 EUR in downline investment volume, split €500,000 on both sides of the binary team
- Gold – generate €2,500,000 EUR in downline investment volume, split €1,250,000 on both sides of the binary team
- Platinum – generate €5,000,000 EUR in downline investment volume, split €2,500,000 on both sides of the binary team
- Diamond – generate €10,000,000 EUR in downline investment volume, split €5,000,000 on both sides of the binary team
- Double Diamond – generate €15,000,000 EUR in downline investment volume, split €7,500,000 on both sides of the binary team
- Triple Diamond – generate €25,000,000 EUR in downline investment volume, split €12,500,000 on both sides of the binary team
- Crown Diamond – generate €50,000,000 EUR in downline investment volume, split €25,000,000 on both sides of the binary team
Recruitment Commissions
United Power Up pays recruitment commissions via a modified binary compensation structure.
A regular binary team starts with two positions on the first level:
United Power Up effectively removes this first level and starts from the second level (in the image above, this is the level with four positions).
Beyond that the structure is the same and functions like a regular binary team, split into two sides.
Here’s an illustration of United Power Up’s binary team from their marketing presentation:
The left side of the binary team pays out in UP tokens. The right side pays out in bitcoin.
Recruitment commission rates start at 25% of euros invested, capped at whatever tier the recruiting affiliate has invested at.
- Small tier affiliates earn €12.25 EUR per affiliate recruited into their binary team
- Medium tier affiliates earn €12.25 EUR per Small tier affiliate and €24.75 per Medium and higher tier affiliate recruited into their binary team
- Large tier affiliates earn €12.25 EUR per Small tier affiliate, €24.75 per Medium and €124.75 per Large and X-Large tier affiliate recruited into their binary team
- X-Large tier affiliates earn €12.25 EUR per Small tier affiliate, €24.75 per Medium, €124.75 per Large and €249.75 per X-Large tier affiliate recruited into their binary team
Through affiliate ranks, United Power Up affiliates earn increased recruitment commission rates as follows:
- One Stars earn a 26% recruitment commission rate
- Two Stars earn a 27% recruitment commission rate
- Three Stars earn a 28% recruitment commission rate
- Four Stars earn a 29% recruitment commission rate
- Starters earn a 30% recruitment commission rate
- Influencers earn a 35% recruitment commission rate
- Bronzes earn a 40% recruitment commission rate
- Silvers earn a 45% recruitment commission rate
- Golds earn a 50% recruitment commission rate
- Platinums earn a 55% recruitment commission rate
- Diamonds earn a 60% recruitment commission rate
- Double Diamonds earn a 65% recruitment commission rate
- Triple Diamonds earn a 70% recruitment commission rate
- Crown Diamonds earn a 75% recruitment commission rate
Fast Start Bonus
United Power Up affiliates who recruit four or more affiliates within their first thirty days qualify for the Fast Start Bonus.
The Fast Start Bonus pays double commissions on every personally recruited affiliate within an affiliate’s first thirty days (this includes the first four recruited affiliates for qualification).
Rank Achievement Bonus
United Power Up rewards affiliates for qualifying at Starter and higher with “Premium Tokens”.
- qualify at Starter and have earned €71,500 EUR in recruitment commissions = €12,500 EUR worth of Premium Tokens
- qualify at Influencer and have earned €146,500 EUR in recruitment commissions = €25,000 EUR worth of Premium Tokens
- qualify at Bronze and have earned €234,000 EUR in recruitment commissions = €37,500 EUR worth of Premium Tokens
- qualify at Silver and have earned €334,000 EUR in recruitment commissions = €50,000 EUR worth of Premium Tokens
- qualify at Gold and have earned €1,000,000 EUR in recruitment commissions = €125,000 EUR worth of Premium Tokens
- qualify at Platinum and have earned €2,250,000 EUR in recruitment commissions = €250,000 EUR worth of Premium Tokens
- qualify at Diamond and have earned €5,000,000 EUR in recruitment commissions = €500,000 EUR worth of Premium Tokens
- qualify at Double Diamond and have earned €8,000,000 EUR in recruitment commissions = €750,000 EUR worth of Premium Tokens
- qualify at Triple Diamond and have earned €14,500,000 EUR in recruitment commissions = €1,250,000 EUR worth of Premium Tokens
- qualify at Crown Diamond and have earned €32,000,000 EUR in recruitment commissions = €2,500,000 EUR worth of Premium Tokens
Note that earned commissions must be split equally across both sides of the binary team.
E.g. Gold qualification requires €1,000,000 EUR in recruitment commissions, this is calculated as €500,000 EUR from both sides of the binary team.
United Power Up’s marketing presentation states “Premium UP tokens can only be used in the UP store”. No further information is provided.
Joining United Power Up
United Power Up affiliate membership costs between €49 and €999 EUR.
- Small – €49 EUR
- Medium – €99 EUR
- Large – €499 EUR
- X-Large – €999 EUR
The more a United Power Up affiliate spends the higher their income potential.
United Power Up Conclusion
Given Sverker Caron was part of Crowd1’s gaming Ponzi ruse, it’s not surprising the same ruse is being recycled for United Power Up.
That said, United Power Up appears to have adopted Crowd1’s “ruse of the day” Ponzi approach.
United Power is the perfect mix of influencer marketing, crowd funding and startups.
By joining United Power you get access to the best startups and you will be part of a well established micro influencer community.
Like Crowd1, this relies on constant hype of what’s coming next. Over time investors wise up (moreso when withdrawals stop), and the whole thing falls apart.
Beyond United Power Up’s Ponzi ruse you have the Ponzi itself. Sign up and invest, hope number goes up and withdraw subsequently invested funds.
That United Power Up hasn’t disclosed and technical details of their UP and Premium UP tokens is additional pause for concern.
Typically Ponzi tokens and coins are X-20 affairs, set up in a few minutes at little to no cost. United Power Up hasn’t even confirmed that much, leaving UP and Premium Up tokens in Ponzi points territory (a step down from shit tokens and shitcoins).
United Power Up’s MLM opportunity constitutes a pyramid scheme, by way of nothing being marketed or sold to retail customers.
On the regulatory front, while Estonia has tried to cleanup its image as a haven for crypto scams, it’s still too easy to set up shell companies there.
Spain’s has an active securities regulator, the CNMV, but United Power Up would likely have to grow before appearing on their radar.
SimilarWeb currently tracks negligible traffic to United Power Up’s website.
As with all Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve United Power Up of ROI revenue, eventually prompting a collapse.
The math behind MLM Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Other names I’ve seen attached to United Power Up are Peter Jacobson, Pär Eberhard and Bjorn Arnstedt.