Mega Capital fails to supply possession or government data on its web site.
Mega Capital’s web site area (“megacapitals.ltd”), was privately registered on June twelfth, 2023.
Within the source-code of Mega Capital we discover a reference to Distinctive HYIP Designs;
Distinctive HYIP Designs sells Ponzi scripts and “HYIP Packages”.
“HYIP” stands for “excessive yield funding program”. That is code for “Ponzi scheme”.
Distinctive HYIP Designs sells a “HYIP Supervisor” Ponzi script for $166. Cheaper web site templates and “unique themes” are additionally accessible.
Primarily based on its web site area registration, Distinctive HYIP Design has been flogging rip-off scripts since late 2018.
Distinctive HYIP Designs’ Fb web page itself is owned by “Mijanur Rahman”.
On its Fb web page Distinctive HYIP Designs represents it’s based mostly out of Dubai. The WhatsApp assist quantity supplied on Distinctive HYIP Design’s web site nonetheless is a quantity from Bangladesh.
As soon as bought, Distinctive HYIP Designs’ scripts are run on a standalone server:
What do you get? Theme content material (.zip file).
The right way to set up? Obtain the template .zip file; Add it to your internet hosting/server; Then extract it.
This seems to be how Mega Capital has been arrange.
Mega Capital additionally has a “Megacapital Ltd” Australian shell firm. Whether or not this was bought by Distinctive HYIP Designs or individually although is unclear.
As at all times, if an MLM firm will not be brazenly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
Mega Capital’s Merchandise
Mega Capital has no retailable services or products.
Associates are solely in a position to market Mega Capital affiliate membership itself.
Mega Capital’s Compensation Plan
Mega Capital associates make investments cryptocurrency on the promise of marketed returns:
- Bronze Plan – make investments $100 to $25,999 and obtain 1.3% a day for five days
- Silver Plan – make investments $26,000 to $49,999 and obtain 1.5% a day for six days
- Gold Plan – make investments $50,000 to $99,999 and obtain 2% a day for 11 days
- Diamond Plan – make investments $100,000 and obtain 5% a day for 21 days
Mega Capital 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 group, with each personally recruited affiliate positioned immediately beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Mega Capital caps payable unilevel group ranges at 4.
Referral commissions are paid out as a share of cryptocurrency invested throughout these 4 ranges, based mostly on how a lot an affiliate has invested:
- Bronze Plan tier associates earn 5% on degree 1 (personally recruited associates), 3% on degree 2, 2% on degree 3 and 1% on degree 4
- Silver Plan tier associates earn 6% on degree 1, 3% on degree 2, 2% on degree 3 and 1% on degree 4
- Gold Plan tier associates earn 7% on degree 1, 3% on degree 2, 2% on degree 3 and 1% on degree 4
- Diamond Plan tier associates earn 10% on degree 1, 3% on degree 2, 2% on degree 3 and 1% on degree 4
Becoming a member of Mega Capital
Mega Capital affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $100 funding.
Mega Capital solicits funding in numerous cryptocurrencies.
Mega Capital Conclusion
Mega Capital represents it generates exterior income by way of buying and selling:
We’re a world monetary firm engaged in funding actions, that are associated to buying and selling on monetary markets and cryptocurrency exchanges carried out by certified skilled merchants.
That is in fact baloney. Mega Capitals runs on a Distinctive HYIP Designs Ponzi script that merely recycles invested funds to pay affiliate withdrawals.
BehindMLM first got here throughout Distinctive HYIP Designs in 2021 with King Finance.
King Finance’s Ponzi ruse was “bitcoin mining”. The Ponzi enterprise mannequin nonetheless was the identical.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Mega Capital of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of individuals lose cash.
