Unveiling the Deceptive Facade of The Golden Eye: A Comprehensive Review
The Golden Eye Review: Unmasking the Illusion of “Movie Ticket” Magic in an App-based Ponzi Scheme
Upon exploration, it becomes apparent that The Golden Eye’s website conceals crucial ownership and executive information.
The domain of The Golden Eye’s website, “thegoldeneye.online,” was registered privately on July 22nd, 2023.
In cases where an MLM company refrains from transparently revealing its leadership or proprietors, it is prudent to exercise caution before becoming a part of it or investing funds.
The Golden Eye’s Lack of Tangible Products
A significant shortfall in The Golden Eye’s business model is the absence of any retailable products or services.
Remarkably, affiliates are solely tasked with promoting The Golden Eye’s affiliate membership itself.
Delving into The Compensation Plan of The Golden Eye
Affiliates entering The Golden Eye’s network sign up and invest in tether (USDT).
While the specific investment tiers remain unclear, those who invest 50 USDT can anticipate returns of up to 1 USDT per day.
Intriguingly, The Golden Eye’s MLM structure thrives on enlisting new affiliate investors.
We are Unveiling The Golden Eye’s Hierarchy
The compensation plan of The Golden Eye comprises five distinctive affiliate ranks, each accompanied by specific qualification criteria:
– VIP1 – Requires recruiting three affiliate investors and generating 500 USDT in downline investment volume
– VIP2 – Involves recruiting two VIP1 ranked affiliates and generating 1500 USDT in downline investment volume
– VIP3 – Mandates recruiting five VIP2 ranked affiliates and generating 4000 USDT in downline investment volume
– VIP4 – Necessitates recruiting ten VIP2 ranked affiliates and generating 15,000 USDT in downline investment volume
– VIP5 – Demands recruiting twenty VIP2 ranked affiliates and generating 40,000 USDT in downline investment volume
Referral Commissions: A Multilevel Approach
The Golden Eye allocates referral commissions across three levels of recruitment (unilevel):
– Level 1 (personally recruited affiliates) – 10%
– Level 2 – 7%
– Level 3 – 5%
Reaping Rewards through Rank Achievement
The Golden Eye acknowledges affiliates who attain VIP1 and higher ranks with one-time Rank Achievement Bonuses:
– VIP1 qualification yields 30 USDT
– VIP2 qualification results in 60 USDT
– VIP3 qualification grants 150 USDT
– VIP4 qualification provides 300 USDT
– VIP5 qualification bestows 600 USDT
Becoming Part of The Golden Eye
Enrolling as a member of The Golden Eye’s affiliate program carries no cost.
However, active participation in the associated income opportunity mandates a minimum investment of 50 USDT.
The Inescapable Reality of The Golden Eye
The Golden Eye stands as yet another instance of a “click a button” app-based Ponzi scheme.
The deceptive premise revolves around using the “click a button” concept for purchasing movie tickets:
Affiliates supposedly generate revenue by repeatedly clicking a button within The Golden Eye’s app. This action, in theory, yields earnings linked to theater chains.
The Golden Eye then shares commissions from these purportedly “purchased” tickets with affiliates.
Unraveling the Smoke and Mirrors
However, this façade quickly dissolves under scrutiny. The act of random individuals clicking a button in an app does not translate to genuine customers purchasing movie tickets.
In reality, the act of clicking the button accomplishes nothing. The scheme relies on recycling fresh investments to pay off earlier investors.
The absence of an online presence, both on social media and their homepage, raises concerns.
Their marketing strategy seems confined to platforms like Telegram and potentially unsolicited MLM Ponzi emails.
The non-functional online chat button on their website further compounds these doubts.
With an inexpensive website and a lackluster homepage, the promises of substantial profits appear hollow.
There’s a high likelihood that investing in The Golden Eye may lead to disappointment, possibly even denying access to the invested funds.
A Pervasive Trend of Deception
The Golden Eye is just one of many “click a button” app Ponzi schemes that have emerged since late 2021.
The trend includes the likes of collapsed schemes such as Poly Film, BlueSky, and Jawa Eye, all of which exploited the same “movie ticket” narrative.
Fraudwatchai has diligently cataloged numerous instances of “click a button” app Ponzi schemes, most of which endure for mere weeks to months before inevitable collapse.
Such schemes commonly vanish by abruptly disabling their websites and apps.
Investors, unfortunately, are left bearing the brunt of the collapse, victims of the inevitable mathematical pitfalls of Ponzi schemes.
The perpetrators behind this swarm of “click a button” app Ponzi schemes are widely suspected to be a group of Chinese scammers perpetuating their malicious agendas.