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Doradus Crypto Review- DORA token is a Ponzi Scheme & a Scam? The Truth Exposed (New Update 2023)

doradus crypto
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Doradus Crypto is a crypto and NFT based MLM scam which makes outrageous claims about its returns. It has received many complaints.
Before we get started with this review
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You can help us put a stop to online scams before they grow too big and end up ruining thousands of lives. A scam is a scam, doesn’t matter if it’s big or small. Now that this is out of the way, let’s get started with the review.

Doradus Crypto is a recent Ponzi scheme aiming to scam crypto and NFT enthusiasts. The company has a conventional pyramid structure which you’ll find in almost all MLM scams.

The following Doradus Crypto review will help you understand why you should avoid investing in this scam:

doradus crypto website

What is Doradus Crypto?

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The astronomical-themed virtual P2E platform Doradus offers returns on investment through taking part in games and other activities. It was established in December 2022 and was constituted as a limited company under the Companies Law in Hong Kong.

Our Methodology

We look at 34 different data points when analyzing and rating online money-earning opportunities. Once the research on these data points is submitted, expert contributors reach out to the company’s customers and associates to get more insight into their operation. Finally, all the collected information is presented in the form of this expert review.

All the data is extracted from publicly available information and the sources are given in the transparency section at the bottom of every report.

These reports are made possible by the collective efforts of contributors like you. If you would like to become a contributor then contact us here.

28/11/2023 Update
As of now, Doradus Crypto has not responded, nor has it apologized for its misdeeds. They have ignored our efforts to highlight the problems faced by their victims. Furthermore, they have only focused on propagating their fake PR.

With boasts of making unbelievable daily returns in their app just by playing games, Doradus has recently grown in popularity.

Providing financial support to space industry enterprises, from aspirational tiny businesses to well-known worldwide market giants, is the company’s philosophy, according to Doradus io. Its founder is anonymous and located at 18 Whitfield Road, Causeway Bay, Hong Kong.

With the help of the Dora token currency, introduced by Doradus crypto, players can buy everything they want in the game. One Dora is worth one dollar.

Also, according to a related web domain, doradus io has 170k hits every month, the majority coming from Tunisia (9%), Brazil (20%), and Russia (26%).

Doradus crypto
Doradus io is based in the offshore location of Hong Kong

One may pay to play a variety of HTML5 games on their website, and as they advance through the stages, their profits will grow as well. Also, the website provides service programs that let consumers invest in their business and profit from it.

doradus io

Doradus Crypto is a Ponzi Scheme Using DORA tokens

What is a Ponzi scheme?

doradus crypto
(Source)

A Ponzi scheme is a type of investment fraud in which existing investors are paid with funds collected from new investors. Organizers of Ponzi schemes frequently promise to invest your money and generate high returns with little or no risk. However, the fraudsters in many Ponzi schemes do not invest the money. 

About the Dora Ponzi scheme

dora token crypto

On its website, Doradus crypto omits to list ownership or executive details. On November 4th, 2022, Doradus’ website domain (“doradus.io”) was privately registered. The “official launch” date listed on the Doradus io website is December 5, 2022.

“Doradus.io” use DORA token for a Ponzi scheme and is very likely just a SCAM based in Russia.

Doradus crypto offers shell incorporation certificates for the UK and Hong Kong on its website in an effort to appear official. These certificates are useless for MLM due diligence because it is simple for con artists to incorporate shell businesses with false information.

A 30 million euro insurance certificate, allegedly from Aviva, is also provided by Doradus.

doradus io

Again for the purpose of MLM due diligence, whether legitimate or not, such documents are meaningless. On December 27th, 2022, the Central Bank of Russia issued a Doradus pyramid scheme fraud warning. This, coupled with SimilarWeb tracking Russia as the top source of the traffic to their website, strongly suggests Russians are running Doradus crypto.

Ponzi Scheme

A Ponzi scheme is a criminal deception investing fraud pledging increased rates of interest with less chance of loss to investors. On the other hand, a Ponzi scam is a deceitful investing fraud that induces retrievals for earlier investors with money carried from later investors.

The Shady Doradus Crypto Joining Process

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  • The first step in joining is to go to Doradus.io, which is their website.
  • After the interface has opened, click “Register” and fill out the form with your contact details, such as your phone number and email address.
  • The following step is to choose a service program that costs between $1 and $30000 from their website. There are 4 service programs available right now.
  • One can deposit money using a virtual token currency address that they already have or a Visa card if they don’t.

Doradus Crypto Products

doradus crypto
Notice the exaggerated claims made by the Doradus crypto team
doradus crypto

Doradus offers you to invest in one of the four service plans they have created. Every plan includes daily dividend accrual starting at 1.8% with various terms for the investment period. The names of those 4 service programs are:

  • Dors
  • Ogma
  • Regor
  • Apolion

One must now add moons to their planets and instead upgrade levels further in order to protect themselves from meteorites, which will further be helpful for one to improve their daily profits. Those planets will provide one with substantial returns on a regular basis.

If you have sensitive information or have had a personal experience with Doradus Crypto but want to stay anonymous, then submit it using our secured form. You can connect with our expert contributors and help in finding the truth. We never share your information with 3rd parties.

Doradus Crypto’s MLM Structure:

Affiliates of Doradus crypto invest in DORA tokens using USD equivalents. On the promise of advertised returns, this is done:

  1. Daily Returns
doradus crypto
The MLM structure of Doradus crypto
  1. Affiliate Program- The Doradus affiliate program pays referral commissions down to a depth of eight levels. The commissions at various levels are shown in the table below.
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  1. Dora game- While playing with fiat money in the Dora game, the app will exchange it for Dora tokens, which one can use to purchase planets and also modify them. Purchasing planets and their moons through Dora results in daily returns on investment that are very high. One will also get collectible NFTs through the game because buying planets in-game gives players benefits. To receive them, though, one must be an active player or an investor.
  2. Random Giveaway- Daily activation of accounts with the Doradus status is done at random for 30 platform users with active deposits. This status raises the profit for the subsequent accrual once, or by 0.2%.
  3. Bonus for Social Networks- To earn rewards, one must finish quick and simple actions like reposting, subscribing to the channel, and submitting a video. Once they have completed the work and analyzed it, send them the results to trigger the bonus and earn rewards.

The Doradus MLM division provides commissions for bringing in affiliate investors. Doradus crypto uses a uni-level compensation scheme to pay referral commissions. An affiliate is put at the head of a uni-level team in a uni-level pay system, and each affiliate they personally recruited is positioned immediately under them (level 1)

2.5
Shield

Get Your Money Back Suspicious

If you have been scammed by Doradus Crypto, then you can get justice by sharing your complaint with us. We will connect with you experts and journalists who will help you get your money back and get heard by the right people.
It is strongly suggested that you do your own research before spending money online. This is a user-generated report.

If any level 1 affiliate recruits new affiliates, they are placed on level 2 of the original affiliate’s uni-level team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3, and so on and so forth down a theoretically infinite number of levels.

Doradus io caps payable uni-level team levels at eight.

Referral commissions are paid as a percentage of funds invested across these eight levels based on rank:

  • Dors tier affiliates earn 1% on level 1 (personally recruited affiliates), 0.2% on level 2, 0.15% on level 3, and 0.1% on level 4
  • Ogma tier affiliates earn 2.5% on level 1, 0.5% on level 2, 0.2% on level 3, 0.15% on level 4, 0.1% on level 5, and 0.05% on level 6
  • Regor tier affiliates earn 5% on level 1, 0.7% on level 2, 0.5% on level 3, 0.2% on level 4, 0.15% on level 5, 0.1% on level 6, 0.05% on level 7 and 0.01% on level 8
  • Apollion tier affiliates earn 8.8% on level 1, 1% on level 2, 0.7% on level 3, 0.5% on level 4, 0.2% on level 5, 0.15% on level 6, 0.1% on level 7 and 0.05% on level 8

Doradus Crypto Reviews Expose Its True Intentions:

Doradus io seems an attractive MLM-crypto investment opportunity and their website interface is also appealing. But their a few major red flags with this investment opportunity which are:

Hidden Founders-  Founders operate anonymously, the address they provided is not legit and they have no presence on social media.

Unrealistic Return claims– Doradus is bluffing people with the unrealistic promised daily return of 6% in the investment plans. 

Withdrawal problems- Many people invested money out of greed hoping to receive assured profits, but they were unable to recover it.

Not Regulated- Doradus crypto is not registered as a legal entity. They offer no customer support and operate through just a website.

Some of the glimpses of the Doradus reviews:

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Doradus Crypto Review Conclusion-

Doradus

Doradus is a money-circulation scam. Unrealistic returns claims, withdrawal issues, not regulated and hidden operators are major red flags to avoid this MLM scam. Doradus is a straightforward Ponzi scam that utilizes DORA tokens. The virtual currency DORA, which is linked to the value of the USD, is used in all settlements on the Doradus crypto platform. The DORA coin Dora Factory already exists, but it is not tied to the USD. According to this, Doradus crypto may have developed its own DORA shitcoin.

In any case, new investment is the only source of provable income entering Doradus. It is a Ponzi scam since it uses fresh investments to provide affiliates with daily rewards.

Like with all MLM Ponzi scams, the fresh investment will cease as soon as affiliate recruiting does. This will starve Doradus of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money. Starting on around February 12th, Doradus investors began reporting withdrawal issues. This suggests Doradus has collapsed or is on the verge of collapse.

Total Doradus crypto victim numbers and how much they’ve collectively lost remain unknown. What is known is according to SimilarWeb traffic analysis as of January 2023, that the majority of Doradus affiliates were from Russia (36% of traffic), Ukraine (8% of traffic), Kazakhstan (7% of traffic), and Tunisia (5% of traffic).

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Doradus Crypto Review- DORA token is a Ponzi Scheme & a Scam? The Truth Exposed (New Update 2023)
Doradus Crypto Review- DORA token is a Ponzi Scheme & a Scam? The Truth Exposed (New Update 2023)

27 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. This company has been involved in numerous scams and promoted all the fraudulent schemes and made millions out of the fake schemes and advertisements, people have supported them and made them understand they run their fraudulent scheme, investing in forex is like a gamble it is not sure whether the company is going to be legitimate or just fooling around, so be sure for investing otherwise they can create some problem. So it would be better if you are not investing with Doradus, they aren’t trustworthy, and making million after scamming thousands.

  2. The company is located in an offshore location in hong kong which is a negative in itself, so make sure you are not investing with Dosradus for getting scammed.

  3. I would never invest with this firm, they are not trustworthy for your money, it passed is providing you with all the information regarding their investment plans, but the only thing which they don’t provide is their past criminal activities, we all know that they are not at all interested in providing any profit to their users.

  4. Not reliable for investing, their fake schemes have made several users suffer so it is your responsibility to get the correct information about this firm.

  5. Doradus isn’t legitimate for investing, their hidden criminal past has made others suffer it is very much important to make people understand their business tactics and then only invest with them.

  6. The popularity of the company came after when it promoted its scheme of earning money after playing games so they gained popularity which made them look legitimate and people started investing in them, Doradus earned a lot of users through advertising their schemes for attracting users.

  7. Avoid Doradus for any investment, their MLM cum Ponzi scheme is famous for scamming several users and taking the advantage of boom of crypto investments, people are investing their money for earning bigger and safe profits, then companies like Doradus are there to spill water to your plans, so I will recommend for not investing with this company.

  8. The firms are focusing on promoting schemes with no base and aren’t profitable, it should be very much clear that the firms you are going to invest with are clean and clear not having any charges regarding involvement in some criminal cases, the world needs to be very much aware.

  9. Doradus, if you will search the name and try to gather some information about the firm the only thing you will get to know is their nefarious schemes and negative reviews, the company is making several attempts to get fame for their schemes but none of them are real, it is very much important to get the reality of the company and never be taken away by the fake adds of the company because most of them are misleading, the firm is responsible for promoting Ponzi scheme regarding the crypto exchange and dealing in digital investment, but the company has lied to its users, so make sure you aren’t getting any misled. I have seen several other firms also avoiding the problems related to their users and focusing on earning profit.

  10. This could be the worst mistake for investing with these firms wasting your money and not getting the perfect amount of refund, my parents offered me to invest their savings in some digital platform but I showed them this article which explained to them the reality of the digital market.

  11. No to Doradus for investing, this crypto company is not reliable for your money, you can search for other platforms for investing your money, and you should take 100% profit from the firm.

  12. The company is not reliable for investing though it is important to make the perfect choice for investing your money.

  13. If you want to earn a profit after investing then Doradus is not the right platform, for investing your money the company doesn’t provide the promised services, though it is important to make the perfect choice from the market.

  14. They have captured the market through their promotion and providing high ROI which attracts investors and later they regret investing with them.

  15. We need to be very wise before investing our money because they will never let us earn any profit with their business ideas, the main focus is to scam your money and let you face losses.

  16. I will never ask you to invest with these companies for any future investment, they are there to scam you with your money, have no business deals and only prepare schemes to trap their users into the pyramid structure of scams.

  17. This man is scamming his users and making his customers feel betrayed after investing with them, his schemes have provided their user’s only loss.

  18. Whenever you are planning to get your money invested then be very careful before investing, there are several scammers like Doradus running MLM scams. You will have to regret it after investing make the proper decision before investing your money, most of the time it is found innocent and freshers get scammed due to lack of knowledge.

  19. No to this MLM scam, Doradus proved to be a ponzi scheme like many others, this was very agonizing when the company was counted as one of the MLM scams.

  20. You can invest with the company and earn handsome money from the company, Doradus is proven to be one of the security firms for investing.

  21. The company is a legitimate venture for earning money, but competitors are demolishing the company’s image for no reason.

  22. The company is making a profit after selling fake tokens and claiming to get the opportunity to earn money after investing with Doradus. If you are thinking of investing with this MLM scheme and thinking of generating passive income after this app, this is not possible.

  23. One thing you should keep in mind is that you need to beware of these MLM scams, various sites are promoting these apps but they all are paid advertisements. Never invest your money after getting attracted to these schemes providing high returns, get some legitimate platform for investing.

  24. The company is gathering fame due to the daily returns provided on their app after playing games, but the company didn’t explain the fake promotional tactic for attracting new customers.

  25. Never indulge in these companies where they are promoting their scheme after claiming you to provide the highest ROI on some crypto token but the claims are just to attract you for no reason.

  26. I don’t understand why people start promoting these ponzi schemes when it is clear that it is an MLM scams.

  27. The MLM schemes or say MLM fraudulent schemes have captured a larger part of the market allowing people to get attracted to the nefarious ponzi schemes and lose their savings with them.

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