Fourth HyperTech crypto Ponzi hoax [updated]

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I wasn’t positive if HyperOne was a joke at first.

 

Replace seventeenth Could 2022 – Seems my spidey sense was lifeless on, HyperOne doesn’t seem to have something to do with HyperTech, HyperFund or Hyperverse.

Kalpesh Patel has confirmed he has nothing to do with HyperOne in a not too long ago printed social media video.

I’ll depart this overview up as a file of what HyperOne was pitching. /finish replace

 

The primary video uploaded to HyperOne’s official Youtube channel is an outdated 2018 blockchain bro video that includes Sam Lee.

Lee, together with Ryan Xu, are HyperTech’s co-founders. They’re on the run from liquidators in Australia and are believed to be hiding out in Dubai.

You in all probability gained’t hear a lot of Xu and Lee, if in any respect, in HyperOne’s advertising.

As an alternative now we have two of the few folks left selling Hyperverse, Kalpesh Patel…

…and his sidekick Keith Williams:

There are another names in HyperOne’s advertising however I wasn’t capable of affirm involvement so I’ll depart them out for now.

Like Lee and Xu, Kalpesh Patel fled to Dubai to cement his Ponzi legacy.

Patel travels again to the UK infrequently to go to household. The UK is sort of as lax as Dubai in relation to MLM securities fraud regulation.

Keith Williams joins Patel on his Hyper* Ponzi webinars. Williams’ LinkedIn profile locations him within the UK.

The opposite prime earner in latest Hyper* Ponzis is Rodney Burton, a US citizen.

So far as I can inform he’s cashed out and isn’t coming again. Burton now spends his time strolling round Dubai in his pajamas:

Hyperverse noticed Xu and Lee rent an actor to play CEO Steven Reece Lewis.

Lewis is nowhere to be seen with HyperOne. He seems to have been paid off however the content material bot remains to be posting social media cringe on his Twitter account:

HyperOne’s web site area (“hcash.one”), was registered on April twenty sixth, 2022. “Hyper One” is listed because the proprietor, by means of the Cayman Island. All different area possession particulars are redacted.

As to HyperTech, it’s a Ponzi manufacturing facility created by Sam Lee and Ryan Xu.

First we had HyperCapital, then HyperFund, then Hyperverse (short-lived) and now HyperOne.

All MLM crypto Ponzi schemes and, aside from HyperOne, all have collapsed.

So with mounting losses and executives in hiding, what’s HyperOne’s advertising schtick?

Learn on for a full overview of HyperOne’s MLM alternative.

HyperOne’s Merchandise

HyperOne has no retailable services or products.

Associates are solely capable of market HyperOne affiliate membership itself.

HyperOne’s Compensation Plan

HyperOne associates buy hyperone tokens from the corporate with tether (USDT).

As soon as acquired, hyperone tokens are invested again with the corporate (staking).

That is accomplished to obtain a passive return, with the top purpose of cashing out greater than was invested.

HyperOne pays returns out day by day in hyperone tokens. Specifics weren’t obtainable at time of publication.

The MLM aspect of HyperOne pays commissions on recruitment of associates and their investments.

Referral Commissions (hyperone token funding)

HyperOne pays a referral fee when personally recruited associates make investments tether for hyperone tokens.

Hyperone referral fee specifics will not be offered.

Referral Commissions (ROI)

HyperOne pays a referral fee on day by day returns paid to downline associates.

Referral commissions are tracked through a unilevel compensation construction.

A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned instantly below 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.

HyperOne cap referral commissions at twelve unilevel group ranges.

Particular referral fee charges will not be offered.

Residual Commissions

HyperOne pays residual commissions through a binary compensation construction.

A binary compensation construction locations an affiliate on the prime of a binary group, break up into two sides (left and proper):

The primary degree of the binary group homes two positions. The second degree of the binary group is generated by splitting these first two positions into one other two positions every (4 positions).

Subsequent ranges of the binary group are generated as required, with every new degree housing twice as many positions because the earlier degree.

Positions within the binary group are stuffed through direct and oblique recruitment of associates. Be aware there isn’t a restrict to how deep a binary group can develop.

Residual commissions are calculated by means of “Hyper Rewards Factors” (HRP). This seems to be an inside level system, possible a share of precise funds invested.

Residual commissions are paid at 10% of HRP generated on the weaker binary group aspect (presumed weekly).

Achiever Bonus

HyperOne units apart 10% of weekly company-wide funding quantity.

That is shared equally amongst HyperOne’s “prime achievers” every week.

Becoming a member of HyperOne

HyperOne affiliate membership is tied to a $100 or extra preliminary funding in USDT.

HyperOne Conclusion

HyperOne is a rehash of your fundamental MLM crypto Ponzi scheme.

Put money into hyperone tokens, recruit others who do the identical, money out their cash. You’ve bought staking and the MLM comp plan for specifics, however that’s the gist of it.

Hyperone token itself is a BEP-20 shit token. These value little to nothing and might be arrange in round 5 minutes. They’re the default for zero effort Ponzi schemes.

So what makes HyperOne completely different to the Hyper* Ponzis that got here earlier than it?

Other than Xu and Lee hiding, HyperOne marks HyperTech leaping on the NFT fraud bandwagon… roughly a couple of yr and a half too late.

The NFT rip-off fad has come and gone. What’s left are bottom-of-the-barrel grifters and it’s that setting HyperOne hopes to populate.

HyperOne hamfisting NFTs into its thrice collapsed shit token Ponzi mannequin is a few garbage about mining them by means of recruitment.

One thing one thing get nugatory HyperOne NFT. One thing one thing use nugatory HyperOne NFT to money out different folks’s cash. It’s a part of the Ponzi scheme so nevertheless they’re built-in the core perform of withdrawing greater than you invested, of different folks’s cash, stays intact.

The elephant within the room is what HyperOne does with HyperFund and Hyperverse bagholders.

In the event that they’re grandfathered in, HyperOne is DOA. An MLM Ponzi scheme weighed down with two generations of bagholding victims goes to burn by means of new sucker funding quickly.

If HyperFund and Hyperverse victims are shirked, the backlash goes to make it unattainable to market HyperOne to new suckers.

That’s very true, seeing as the very last thing HyperFund did was tout 400% ROIs earlier than solely pulling the plug on withdrawals.

Monetary losses of HyperTech’s present victims additionally make HyperOne’s guarantees of riches ring thunderously hole.

As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.

It will starve HyperOne of ROI income, finally prompting a collapse.

The maths behind Ponzi schemes ensures that once they collapse, nearly all of contributors lose cash.

 

Replace seventeenth Could 2022 – Serial Ponzi promoter Shohan Bowala, a resident of Australia, has shared his HyperOne backoffice (click on to enlarge):

From this screenshot we are able to see Hyperverse’s HU inside Ponzi factors are a part of HyperOne. “H1” seems to be a brand new inside Ponzi factors system.

It’s unclear whether or not HyperFund/Hyperverse HU bagholders will have the ability to import their HU into HyperOne.