Silwana International seems to have launched final yr as Silwana Diamond.
Silwana Diamond will create the biggest platform for farmers and consumers from everywhere in the world, enabling them to simply talk with one another, and have fruitful transactions and buying and selling of native and worldwide commodities.
This fashion; the brokers shall be lower and their commissions in flip will profit you straight.
Round mid 2020 Silwana Diamond was ditched for Silwana International. The name-change coincided with the introduction of GogolCoin.
Right this moment Silwana International operates from “silwanaglobal.com” (registered April 2020).
Heading up Silwana International and GogolCoin is founder and CEO Feras Abu-Hdaib (proper).
As of January 2021, Abu-Hdaib relies out of Dubai within the UAE.
Presumably as a consequence of language-barriers, I used to be unable to place collectively an MLM historical past on Abu-Hdaib. From what I used to be capable of piece collectively although, Silwana International seems to be his first MLM enterprise.
Learn on for a full evaluation of Silwana International’s MLM alternative.
Silwana International’s Merchandise
Silwana International has no retailable services or products, with associates solely capable of market Silwana International affiliate membership itself.
Silwana International’s Compensation Plan
Silwana International associates put money into GogolCoin. Commissions are paid after they recruit others who do the identical.
The minimal funding quantity Silwana International accepts is €500 EUR:
I imagine the best preliminary funding quantity caps out at €50,000 EUR.
Silwana International pays referral commissions by way of a 3xx matrix.
A 3xx matrix begins off with three positions on the primary degree:
The second degree of the matrix is generated by splitting these three positions into one other three positions every.
Ranges three and deeper are created in the identical method, with every new degree housing 3 times as many positions because the earlier degree.
Positions within the matrix are crammed by way of direct and oblique recruitment of Silwana International associates.
Commissions are paid out as a share of funds invested throughout every degree of the matrix.
- degree 1 – 7% to 10% (variance not defined)
- degree 2 – 5%
- degree three – 2.5%
- degree four – 1.25%
- degree 5 – zero.625%
Commissions are paid past 5 ranges, equal to half a share because the earlier degree.
Degree 6, for instance, pays half of zero.625% or zero.312%.
That is represented as persevering with down a theoretical infinity variety of ranges. Virtually talking you’re not a lot as percentages strategy zero a couple of ranges past ten or so.
Becoming a member of Silwana International
Silwana International affiliate membership is tied to a minimal €500 EUR funding in GogolCoins.
Any further affiliate membership prices or required investments are usually not disclosed.
No matter Silwana Diamond’s authentic funding plan was flopped. And so we now have one other cookie-cutter MLM crypto pump and dump scheme.
This shouldn’t come as a shock, seeing as Feras Abu-Hdaib has been crypto bro’ing it up on social media for a couple of years.
Firstly Silwana International is providing a passive funding alternative.
The one purpose anybody is investing in GogolCoin is the standard “moon lambo” BS, i.e. an expectation of cashing out greater than they invested.
In Silwana International’s advertising the corporate represents it has a presence the world over:
Silwana International isn’t registered to supply securities in any of those jurisdictions, that means the corporate is committing securities fraud and working illegally.
One factor to notice is that Silwana International is primarily concentrated throughout the Center East.
Center East authorities aren’t recognized for being lively with respect to MLM securities fraud regulation.
The MLM facet of Silwana International is pyramid scheme territory, with commissions tied to funding by recruited associates.
As to GogolCoin, I get the sensation somebody was making an attempt to deduce a phonetic connection to Google.
Both that or it’s “gogglecoin”, which for sounding silly is not any higher.
GogolCoin has its personal web site up over at “goglcoin.io”.
GogolCoin is the standard answer and not using a downside crypto nonsense. One thing a few “CSH Challenge” good dwelling app as a result of y’know, it’s not like we don’t have good dwelling apps already.
Digital Good Properties, which runs on cryptocurrency, is a system that meets a wide range of wants and solves the issues and hardships confronted by property house owners.
Utilizing our system, the proprietor could have the power to remotely handle all elements of the property (or properties) she or he owns.
Clear as mud? Nice, now hand over your cash.
Already probably filled with bagholders who obtained scammed within the failed Silwana Diamond scheme, by investing your mainly transferring their losses onto your self.
GogolCoin will both fizzle out or go pump and dump on some dodgy trade. For now, no matter GogolCoin is being exchanged for internally just isn’t disclosed.
In any occasion, be it an inner crash or pump and ump, the vast majority of Silwana International associates will lose cash.