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.
Is the GoodbuyKK plan similar to a Ponzi scheme? Let’s investigate using the information offered by GoodbuyKK before moving on to the aspects related to its framework below:
On their website, GoodbuyKK does not provide ownership or executive information. On March 3, 2023, GoodbuyKK privately registered the domain name (“goodbuykk.com”) for its website.
Chinese can be seen in the website source code for GoodbuyKK.
This strongly implies that the person in charge of GoodbuyKK has connections to China.
Always consider joining and/or giving any money to an MLM firm very carefully if it is not openly forthcoming about who is in charge of or owns it.
Products by GoodbuyKK
Goodbuy has no retailable products or services. Affiliates are only able to market Goodbuy affiliate membership itself.
The Compensation Plan of GoodbuyKK
Tether (USDT) is invested by Goodbuy affiliates. This is done in exchange for a passive reward:
- VIP0: Invest 50 USDT to get 2.5 USDT daily.
- VIP1: Invest $100 and receive $5 every day.
- VIP2: Make an investment of $300 and receive $15 every day.
- VIP3 – Make a 1000 USDT investment and get 50 USDT every day.
- VIP4 – Make a 3000 USDT investment and get 150 USDT per day.
Paying referral commissions on USDT invested down the three stages of recruitment (unilevel), Goodbuy:
- 6% at level 1 (affiliates that were individually recruited).
- level 2 – 4%
- level 3 – 2%
What is a 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.
Signing up for Membership in GoodbuyKK
Membership in the Goodbuy affiliate program is free. A minimum investment of 50 USDT is necessary to participate fully in the associated income opportunity.
Conclusion for GoodbuyKK
The “click a button” software Ponzi scheme Goodbuy is yet another.
Ordering purchases with online merchants is the “click a button” Ponzi scheme used by Goodbuy.
Affiliates log in and click a button (up to nine clicks every day) as part of GoodbuyKK’s trick, which is broken down. Through product orders with internet retailers, this button-clicking ostensibly earns income.
In exchange for sharing a portion of the commission, it receives from the orders with its partners, Goodbuy.
It’s understandable if something doesn’t make sense. Real client orders conducted with internet retailers do not translate into random app button clicks.
Get Your Money Back Suspicious
In actuality, there is no effect when a button is clicked inside the Goodbuy. To reimburse earlier investors, Goodbuy merely recycles newly invested monies.
Dokodemo, DF Finance, and PerRank are three examples of previously busted “click a button” app Ponzi schemes that employed the same e-commerce deception.
A collection of “click a button” app Ponzis have been on the rise since late 2021, and Goodbuy is one among them.
I have so far identified fifty-nine “click a button” app Ponzis, including Goodbuy. Before crumbling, the majority of them last for several weeks to a few months.
The “click a button” app Ponzi scourge is thought to be the work of the same set of Chinese con artists.