Exulos Review: Unveiling a Dubious 1.2% Daily “Trading” Scheme – Is It a Ponzi Scheme?
Exulos, a seemingly shadowy operation, raises numerous red flags in its pursuit of attracting potential investors.
This review delves into the critical aspects of the company, from its lack of transparency regarding ownership to its questionable business model.
Exulos Ownership and Transparency
They have failed to provide any information regarding its ownership or executive team on its website, which raises concerns about accountability and legitimacy.
Additionally, the website domain, “exulos.com,” was privately registered on August 7th, 2023, contributing to the overall opacity of the organization.
Corporate Address in Estonia
While this scheme does disclose a corporate address in Tallinn, Estonia, in its official marketing presentation, its association with the company remains uncertain.
This ambiguity regarding the authenticity of the provided address adds to the skepticism surrounding Exulos.
Exulos Product Offering
Exulos lacks any tangible retail products or services for affiliates to promote.
Instead, affiliates are solely focused on recruiting new members into their affiliate program, which is a characteristic feature of MLM schemes.
The Compensation Plan
Exulos’s compensation plan revolves around affiliate investments in bitcoin, promising lucrative returns.
The investment tiers and associated returns are as follows:
– Invest $20 to $199 and receive 0.5% daily for 14 days.
– Invest $200 to $499 and receive 0.8% daily for 14 days.
– Invest $500 to $999 and receive 1.05% daily for 14 days.
– Invest $1000 or more and receive 1.2% daily for 14 days.
Referral commissions are awarded through a unilevel compensation structure, with affiliates receiving percentages based on the level of their recruits.
Becoming an Exulos affiliate is free, but full participation in the income opportunity requires a minimum investment of $20.
They also actively encourages investments in various cryptocurrencies.
Exulos’s Dubious Revenue Source
Exulos claims to generate external revenue through “trading” activities carried out by a team of professional traders.
However, no verifiable evidence of these trading activities or any other external revenue streams is provided.
The fundamental question arises: If Exulos can consistently generate 1.2% daily returns, why would they need additional investments?
Ponzi Scheme Concerns
Exulos’s business model raises concerns that align with the characteristics of a Ponzi scheme.
If the primary source of revenue is new investments used to pay affiliate withdrawals, it follows the classic Ponzi logic.
As recruitment dwindles, so too will new investments, eventually leading to the scheme’s collapse.
Exulos’s lack of transparency, questionable revenue sources, and reliance on recruitment rather than legitimate products or services paint a concerning picture.
Those considering involvement with Exulos should exercise extreme caution, as history has shown that Ponzi schemes inevitably result in financial losses for the majority of participants.