GPTCoin fails to offer verifiable possession and government info on its web site.
None of GPTCoin’s offered executives exist outdoors of its personal advertising materials:
Actually, not one of the advertising claims on GPTCoin’s web site maintain up:
GPTCoin is collectively created by the Goldman Sachs Financial institution Group of america and Silicon Valley Valleywise GS.
Now withstanding “Silicon Valley Valleywise GS” not being an precise firm, this declare solely exists inside GPTCoin’s personal advertising press-releases:
Whoever is operating GPTCoin has slapped collectively a bunch of baloney and slapped it on a web site.
GPTCoin’s web site area (“gptcoinai.com”), was privately registered on April twenty ninth, 2023. GPTCoin’s web site was put collectively in Might 2023.
GPTCoin has a YouTube channel however there’s nothing on it. It seems again in Might the corporate meant to launch with a Boris CEO:
“Tom Mueller” doesn’t characteristic on GPTCoin’s fictional government listing so it seems plans to run with a Boris CEO have been deserted.
I couldn’t fairly place Mueller’s accent nevertheless it sounded vaguely European.
One potential geo hyperlink comes by the use of World Blockchain Summit sponsorship:
Dubai-based World Blockchain Summit maintain crypto circlejerk occasions all over the world. It’s subsequent scheduled occasion is in Singapore in August.
Dubai wants no introduction because the MLM crime capital of the world. Personally although I’m leaning extra in direction of GPTCoin being tied to Singapore.
The one languages offered on GPTCoin’s web site are English and Chinese language:
Additionally be aware the Chinese language subtitles in GPTCoin’s Boris CEO advertising video above.
Scammers in Asia pretending to be based mostly out of the US is a latest development, with not too long ago collapsed Ponzi Fintoch coming to thoughts.
Fintoch falsely claimed it was owned by Morgan Stanley. GPTCoin’s advertising claims really feel eerily related.
In any occasion if GPTCoin hasn’t collapsed by August, it’ll be attention-grabbing to notice who exhibits as much as the World Blockchain Summit occasion.
As at all times, if an MLM firm isn’t brazenly upfront about who’s operating or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
GPTCoin’s Merchandise
GPTCoin has no retailable services or products.
Associates are solely capable of market GPTCoin affiliate membership itself.
GPTCoin’s Compensation Plan
GPTCoin associates make investments tether (USDT). That is performed on the promise of each day returns:
- AFF1 – make investments for 7 days and obtain 1% a day
- AFF2 – make investments for 60 days and obtain 1.2% a day (1.5% a day if no withdrawals)
The MLM facet of GPTCoin pays on recruitment of affiliate traders.
GPTCoin Affiliate Ranks
There are 9 affiliate ranks inside GPTCoin’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- G1 – recruit 5 affiliate traders and generate at the very least 30,000 USDT in downline funding quantity
- G2 – recruit two G1 or greater ranked associates and generate at the very least 70,000 USDT in downline funding quantity
- G3 – recruit at the very least two G2 or greater ranked associates and generate at the very least 150,000 USDT in downline funding quantity
- G4 – recruit at the very least two G3 or greater ranked associates and generate at the very least 350,000 USDT in downline funding quantity
- G5 – recruit at the very least two G4 or greater ranked associates and generate at the very least 800,000 USDT in downline funding quantity
- G6 – recruit at the very least two G5 or greater ranked associates and generate at the very least 2,000,000 USDT in downline funding quantity
- G7 – recruit at the very least two G6 or greater ranked associates and generate at the very least 4,000,000 USDT in downline funding quantity
- G8 – recruit at the very least two G7 or greater ranked associates and generate at the very least 8,000,000 USDT in downline funding quantity
- G9 – recruit at the very least two G8 or greater ranked associates and generate at the very least 10,000,000 USDT in downline funding quantity
Referral Commissions
GPTCoin pays referral commissions on invested cryptocurrency down two ranges of recruitment:
- degree 1 (personally recruited associates) – 30%
- degree 2 – 10%
ROI Match
GPTCoin pays a ROI match down two ranges of recruitment:
- G1 ranked associates earn a 15% match on degree 1 and 10% on degree 2
- G2 ranked associates earn a 25% match on degree 1 and 10% on degree 2
- G3 ranked associates earn a 35% match on degree 1 and 10% on degree 2
- G4 ranked associates earn a 40% match on degree 1 and 10% on degree 2
- G5 ranked associates earn a forty five% match on degree 1 and 10% on degree 2
- G6 ranked associates earn a 50% match on degree 1 and 10% on degree 2
- G7 ranked associates earn a 55% match on degree 1 and 10% on degree 2
- G8 ranked associates earn a 65% match on degree 1 and 10% on degree 2
- G9 ranked associates earn a 75% match on degree 1 and 10% on degree 2
Word to qualify for the ROI Match, GPTCoin associates should make investments at the very least 100 USDT.
Dividend Reward
G9 ranked GPTCoin associates who’ve at the very least 4 G9 ranked associates of their downline obtain a share in 10% of GPTCoin’s company-wide funding.
NFT Funding
GPTCoin associates who recruit 5 associates can spend money on NFT positions:
- make investments 1000 USDT and obtain an NFT funding place that pays 0.01 GPTC a day
- make investments 5000 USDT and obtain an NFT funding place that pays 0.05 GPTC a day
- make investments 10,000 USDT and obtain an NFT funding place that pays 0.1 GPTC a day
GPTC is an in home GPTCoin token. I’m unsure if it truly exists but or not.
Becoming a member of GPTCoin
GPTCoin affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal 10 USDT funding.
GPTCoin Conclusion
GPTCoin is a straightforward Ponzi scheme hidden behind an AI bandwagon advertising grift.
Regardless of its identify and emblem misappropriation, GPTCoin has nothing to do with OpenAI’s GPT AI platform.
GPTCoin’s Ponzi ruse of selection is an AI buying and selling bot (due to course it’s):
GPTCoin fails to offer proof it generates exterior income by way of AI bot buying and selling or another supply.
GPTCoin’s advertising claims additionally fail the Ponzi logic take a look at:
By means of backtesting of two million transactions, AI Fox has achieved secure each day income with a progress fee of two% to 10%.
If GPTCoin already has a bot producing 2% to 10% a day, what do they want your cash for?
Because it stands, the one verifiable income getting into GPTCoin is new funding.
Utilizing new funding to fund ROI withdrawals would make GPTCoin a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve GPTCoin of ROI income, ultimately prompting a collapse.
GPTCoin’s exit-scam of selection is more likely to be its GPTC tokens (Fintoch exit-scammed with its FTC token).
If GPTCoin doesn’t simply disappear with out warning, look ahead to a collapse the second withdrawals solely or partially change to GPTC.
The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of members lose cash.
