CloudFi fails to supply possession or govt info its web site.
CloudFi’s web site area (“cloudfi.app”), was privately registered on January tenth, 2023.
At time of publication, SimilarWeb ranks high sources of visitors to CloudFi’s web site as Slovakia (62%), Italy (23%), Greece (3%) and Bangladesh (3%).
Slovakia stands out as an odd high supply of visitors.
In an try to look legit, CloudFi supplies an incomplete company handle in Hong Kong on its web site.
Whether or not CloudFi has any precise ties to Hong Kong is unclear.
As all the time, if an MLM firm just isn’t overtly upfront about who’s working or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
CloudFi’s Merchandise
CloudFi has no retailable services or products.
Associates are solely in a position to market CloudFi affiliate membership itself.
CloudFi’s Compensation Plan
CloudFi solicits $200 to $1,000,000 investments in cryptocurrency.
That is finished on the promise of a Monday-Friday day by day 1.25% ROI, capping out at 250%.
Relying on how a lot is invested, CloudFi additionally supplies bonus deposit quantities:
- make investments $200 to $1000 and obtain a 2% bonus deposit
- make investments $2000 to $10,000 and obtain a 4% bonus deposit
- make investments $20,000 to $100,000 and obtain a 6% bonus deposit
- make investments $200,000 to $1,000,000 and obtain an 8% bonus deposit
Bonus deposits additionally pay out 1.25% seven days per week, capped at 350%.
CloudFi pays referral commissions on invested cryptocurrency by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel crew, with each personally recruited affiliate positioned immediately below them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel crew.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
CloudFi caps referral commissions down 4 ranges of recruitment.
Referral commissions are paid out as a proportion of cryptocurrency invested throughout these 4 ranges as follows:
- stage 1 (personally recruited associates) – 6%
- stage 2 – 4%
- stage 3 – 2%
- stage 4 – 1%
Becoming a member of CloudFi
CloudFi affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $200 funding.
CloudFi solicits funding in numerous cryptocurrencies.
CloudFi Conclusion
CloudFi represents it generates exterior income by way of cryptocurrency buying and selling.
At CloudFi, our crew of extremely skilled crypto merchants is dedicated to offering distinctive customer support and delivering constant returns.
Our proprietary machine studying buying and selling bot, Cloud Intelligence, makes use of superior algorithms to optimize your investments and maximize your earnings. Be part of us at this time and expertise the way forward for skilled crypto investing.
No proof of CloudFi being engaged in cryptocurrency buying and selling, or some other supply of exterior income technology is supplied.
This aligns with cryptocurrency buying and selling being the highest ruse utilized by MLM crypto Ponzi schemes.
CloudFi’s enterprise moreover fails the Ponzi logic check. If the corporate really had an AI buying and selling bot already pumping out 1.25% a day (extra as soon as MLM commissions are factored in), what do they want your cash for?
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve CloudFi of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of contributors lose cash.
