MCAM stands for “Moneda Crypto Asset Administration”. Get MCAM is an MLM firm created to market Moneda tokens.
On its web site Get MCAM supplies no details about who’s behind Get MCAM or Moneda.
Get MCAM’s web site area (“getmcam.com”), was privately registered on November twentieth, 2021.
In an try to cover who’s operating Get MCAM, this man has been employed to shoot a number of <30 second promo clips:
Get MCAM makes a giant deal concerning the actor having a US accent.
Different Fivver fashion actors have additionally been used. “Din (Dean?) from California” is a very amusing instance.
The grammar within the scripts used strongly suggests whoever paid for these movies isn’t a local English speaker.
The primary trace at who’s behind Get MCAM was this Indian Independence Day video, uploaded on January twenty sixth:
On February eleventh, Get MCAM uploaded a “blockchain summit” video.
The video options the corporate’s Indian admins. Whether or not these are additionally the proprietor(s) of the corporate is unclear.
What we be taught from that is Get MCAM is being run by Indians, primarily focusing on an Indian viewers.
As at all times, if an MLM firm isn’t brazenly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
Get MCAM’s Merchandise
Get MCAM has no retailable services or products.
Associates are solely capable of market Get MCAM affiliate membership itself.
Get MCAM’s Compensation Plan
Get MCAM associates spend money on Moneda tokens on the promise of as much as 300%.
- make investments $50 and obtain 1% a day capped at 200%
- make investments $100 and obtain 1% a day capped at 200%
- make investments $250 and obtain 1% a day capped at 250%
- make investments $500 and obtain 1% a day capped at 250%
- make investments $1000 and obtain 1% a day capped at 300%
Be aware that if 400% is reached via a mix of returns and MLM commissions (see beneath), reinvestment is required to proceed incomes.
On their Membership Moneda web site, Get MCAM reveal they’re at the moment flogging MCAM tokens to traders at 80 cents every.
The MLM facet of Get MCAM pays on affiliate investor recruitment.
Referral Commissions
Get MCAM associates earn a 5% fee on funds invested by personally recruited associates.
Matching Bonus
Get MCAM pays an 8% matching bonus, equal to how a lot an affiliate has invested.
What they don’t specify is what the Matching Bonus is paid on.
Issues get much more complicated with Get MCAM paying “51% Matching Stage Bonus on Matching Bonus”:
The Matching Stage part of the Matching Bonus is paid out by way of 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 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.
Get MCAP caps the Matching Stage of the Matching Bonus at fifty unilevel group ranges:
- degree 1 (should recruit two associates to qualify) – 10% match
- degree 2 (should recruit 4 associates to qualify – 5% match
- ranges 3 to 10 (should recruit six associates to qualify) – 2% match
- ranges 11 to twenty (should recruit eight associates to qualify) – 1% match
- ranges 21 to 30 (should recruit ten associates to qualify) – 0.5% match
- ranges 31 to 50 (should recruit twelve associates to qualify) – 0.25% match
If I needed to guess, the Matching Bonus might be paid as a proportion of each day returns paid out.
This might imply the Matching Stage bonus is a proportion of the Matching Bonus earned throughout the unilevel group.
Faucet Stage Bonus
Get MCAM units apart 2% of income and makes use of it to fund a “crypto faucet” pool.
Each 15 days the crypto faucet pool is distributed as follows:
- 20% is shared amongst Get MCAM associates whop have invested 1000 MCAM
- 25% is shared amongst Get MCAM associates who’ve invested 5000 MCAM
- 30% is shared amongst Get MCAM associates who’ve invested 10,000 MCAM
- 25% is stored by Get MCAM’s admins
The Faucet Stage Bonus pays a proportion of the crypto faucet paid to unilevel group associates.
- degree 1 (personally recruited associates, should recruit two associates) – 10%
- degree 2 (should recruit 4 associates) – 5%
- ranges 3 to 10 (should recruit six associates) – 2%
- ranges 11 to twenty (should recruit eight associates) – 1%
- ranges 21 to 30 (should recruit ten associates) – 0.5%
- ranges 31 to 50 (should recruit twelve associates) – 0.25%
Rewards
Get MCAM rewards associates for reaching Matching Bonus milestones.
- Newbie – earn $1000 in Matching Bonuses and obtain $50
- Star – earn $3000 in Matching Bonuses and obtain $150
- Rising Star – earn $10,000 in Matching Bonuses and obtain $500
- Shining Star – earn $30,000 in Matching Bonuses and obtain $2000
- Silver Star – earn $100,000 in Matching Bonuses and obtain $7000
- Gold Star – earn $300,000 in Matching Bonuses and obtain $20,000
- Platinum Star – earn $1,000,000 in Matching Bonuses and obtain $70,000
- Ruby Star – earn $3,000,000 in Matching Bonuses and obtain $200,000
- Emerald Star – earn $10,000,000 in Matching Bonuses and obtain $700,000
- Diamond – earn $30,000,000 in Matching Bonuses and obtain $2,000,000
- Crown Diamond – earn $100,000,000 in Matching Bonuses and obtain $7,000,000
Withdrawal Restrictions
Get MCAM restricts associates from placing in withdrawal requests as soon as per week. All withdrawals entice a 5% payment.
Moreover, Get MCAM associates are solely capable of money out as much as 500 MCAM tokens a day.
Becoming a member of Get MCAM
Get MCAM affiliate membership is tied to a $50 to $1000 preliminary funding in MCAM tokens.
MCAM solicits funding in TRON equivalents of acknowledged USD quantities.
Get MCAM Conclusion
Get MCAM is your typical MLM shitcoin Ponzi scheme.
Why MCAM is particular?
MCAM supplies a singular ecosystem to its holders, traders and believers , which is able to optimise your crypto property by its distinctive crypto faucet characteristic.
You possibly can collects crypto property within the ecosystem via and might optimise them.
In actuality Moneda (MCAM) is a TRC20 token. These take 5 minutes to arrange at little to no value.
What makes Get MCAM a Ponzi scheme is that there’s no exterior income. Any withdrawals are paid out of invested funds.
Commissions paid on recruitment of latest traders provides a further pyramid layer to Get MCAM.
Get MCAM markets MCAM with the standard crypto bro nonsense.
Inside the first quater [sic] of its launch, MONEDA will create a historical past by surpassing a $1 billion market cap and over 50,000 holders.
Following a December 2021 launch, Get MCAM’s self-imposed first quarter deadline expired final month.
Crypto market caps are bullshit. That is much more so with MCAM, seeing as Get MCAM can generate MCAM on demand.
What we will affirm is there aren’t anyplace close to 50,000 traders in Get MCAM. That is primarily based on web site visitors estimates and Get MCAM’s basic net presence.
On the finish of the day MLM shit token Ponzi schemes primarily profit these operating them and prime recruiters.
Everybody else inevitably takes a loss and is left holding the bag.
When Get MCAM does inevitably collapse, associates shall be left with nugatory MCAM tokens.
