As I had the opportunity to put my understanding to use in a variety of investing plans so that I could make investments in certain schemes, I discovered the reality behind a lot of businesses & their organizations, including whether or not they are trustworthy for investment.
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.
The Blockchain Era, a Ponzi scheme, was one of the investments I was able to recognize despite the fact that I received a lot of fraudulent and questionable ones. All of this system’s unstable features will be covered today.
Do you know about The Blockchain Era?
The website “The Blockchain Era,” sometimes referred to as “Jose Gordo’s latest scam,” has sparked controversy owing to its lack of transparency surrounding ownership and executive information. Several interesting things become apparent when looking at the domain registration and older website data.
The website’s domain, “tbe.io,” was first registered by The Blockchain Era in 2016. Nevertheless, it’s important to keep in mind that the domain authorization is confidential, which means that the information about the domain owner is not available to the general public.
It is clear that some level of continuous activity or maintenance is taking place because the most recent modification to this private membership was made on August 19.
You may use the WayBack Machine, a tool for browsing internet archives, to learn more about the website’s past and development. According to this source, The Blockchain Era’s website’s most recent edition only recently became reachable in late July 2023.
Considering this data, it is conceivable that the domain for The Blockchain Era’s website was obtained in June or July of the same year, or around the time the website went live.
The Blockchain Era’s transparency and legality are called into doubt by the registration of private domains in connection with the website’s unanticipated appearance in 2023. Some have questioned the legitimacy of this online endeavor because there is no information regarding ownership and executives, along with the timing of the website’s launch, hence the nickname “Jose Gordo’s latest scam.”
When was The Blockchain Era established?
The domain name for the Blockchain Era website was acquired possibly in June or July 2023.
Who is the Holder of the Blockchain Era?
Luiz Goes emerged from the shadows as CEO of the Lyo* firms during this reboot.
You may follow him on his LinkedIn at the following link:
History Linked to The Blockchain Era
According to further investigation, LyoWallet and LyoTrade are featured in The Blockchain Era promotion.
WeWe Global’s three-times-collapsed Ponzi scam includes LyoTrade and LyoWallet.
WeWe Global made its debut in 2021. The initial version was a straightforward MLM cryptocurrency Ponzi centered on WEWEX coins. WeWeGlobal created LyoFI and LyoPay after the fall of the WEWEX Ponzi scheme (probably LyoTrade followed later).
Luiz Goes also emerged from hiding during this relaunch, serving as CEO of the Lyo* businesses.
WeWe Global’s second incarnation was an identical Ponzi scheme as the first, except it was based around LYO tokens this time. A third reboot was introduced using the LFI token when it failed at the end of 2022.
WeWe Global’s third Ponzi reboot fell apart in August 2023 after a New Zealand securities scam in February 2023.
If you look at The Blockchain Era timeline, you’ll notice that Goes had WeWe Global’s fourth reboot ready to go when the third reboot was crumbling.
The corporate name “WeWe Global” was rejected in favor of The Blockchain Era after three reboots because it was considered too offensive.
The global hub of MLM crime, Dubai, is where Goes and The Blockchain Era are headquartered.
The rules for Dubai from BehindMLM are:
- Someone trying to contact you if they are from Dubai and approach you about an MLM opportunity.
- An MLM business that claims to be based in Dubai or to have connections there is a fraud.
How does The Blockchain Era work?
It is an unregulated & unauthorized trading platform that is unsafe for investment. Yet its functioning can be divided into the following points:
- Products of the Blockchain Era
- Compensation Plan of The Blockchain Era
- Referral Commissions
- Recurring Commissions
Products of The Blockchain Era
There are no retail-ready services or goods available in the Blockchain Era. AiProFX affiliates are only allowed to advertise affiliate membership.
Compensation Plan of The Blockchain Era
The Blockchain Era partners pay a fee that enables them to invest EURfi tokens:
|Amount Paid (EUR)||Investment Limit (EUR)||Eligibility for XLFi Returns|
This table lists the EUR payment amount, the EUR investment cap, and whether the contribution is eligible for XLFi returns. Payments under 5500 EUR do not qualify for XLFi returns; payments over 5500 EUR do.
In the outside world beyond The Blockchain Era, EURfi is a useless internal crap token.
Profits are paid both through the Quantwise trading bot scam (5500 EUR charge and higher) and the XLFi token minting.
The Blockchain Era is connected to another worthless home trash token, XLFi.
The following price points are available for XLFi returns if The Blockchain Era only wants passive ones:
|Fee (EUR)||Maximum Investment (EURfi)|
The Blockchain Era’s MLM component rewards for the recruitment of affiliate participants. You should be aware that 30% of all MLM rewards and commissions must be reinvested.
On the funds invested by individually recruited affiliates, The Blockchain Era provides a 10% referral commission. For an affiliate’s first 30 days, this rate is increased to 15%.
Through a unilevel compensation structure, residual commissions are paid in the Blockchain Era.
An affiliate is put at the head of a unilevel team in a unilevel pay system, and each affiliate they personally recruited is positioned immediately under them (level 1):
Affiliates are categorized into various categories in this compensation structure according to their efforts in recruiting new members. The additional affiliates that level 1 affiliates bring on board join the original affiliate’s team at level 2. Although the corporation has set a limit of 15 layers, this recruitment system may theoretically go on forever.
Affiliates receive commissions for referring customers based on the purchases completed by the affiliates in their downline. According to the level, the commission rates change:
A 15% commission on the money invested by their recruits is given to level 1 affiliates who personally recruited others.
A 5% fee on the investments made by affiliates in their level is paid to level 2 affiliates (those recruited by level 1).
Levels 3 and 4 have a 3% commission rate, which means affiliates at those levels get paid 3% of what people in their downline invest at those levels.
The commission rate was reduced to 2% for levels 5 and 6.
Last but not least, the commission charge is still 1% for levels 7 to 15.
Affiliates are encouraged by this incentive structure to not only bring on new members but also to bring on more affiliates to expand their downline. Although the commission rate decreases the further down their downline goes, it may still be able to produce cash from several levels up to the maximum of 15 levels.
The following qualification requirements must be met in order to be eligible for unilevel team levels:
|Level 1||200 BV|
|Level 2||300 BV|
|Level 3||500 BV|
|Level 4||1000 BV|
|Level 5||1500 BV|
|Level 6||2000 BV|
|Level 7||2500 BV|
|Level 8||3000 BV|
|Level 9||5000 BV|
|Level 10||6000 BV|
|Level 11||7000 BV|
|Level 12||8000 BV|
|Level 13||9000 BV|
|Level 14||10,000 BV|
* Business Volume is known as BV. With each investment made into The Blockchain Era, BV is produced, however at a far lower rate than the actual investment was made with.
What is the procedure for joining the membership of The Blockchain Era?
It costs nothing to become a Blockchain Era associate. There is a minimum fee payment of 110 EUR as well as a further investment in EURfi tokens needed for full participation in the linked income potential.
The fourth incarnation of WeWe Global, The Blockchain Era, engages in fraudulent investment practices that include the use of new currencies, a mining scam, and an AI-marketing bot. It hides these scams behind the appearance of a mobile phone service and an educational library in order to get by regulators.
Due to its failure to register with financial regulations, the Blockchain Era is now functioning illegally, as determined by New Zealand’s FMA. This absence is due to the fact that monies from new investors constitute the main revenue stream supporting The Blockchain Era. A plan adheres to the standard Ponzi scheme structure when it uses fresh investments to pay off earlier investors.
The Blockchain Era’s ability to remain profitable, like all MLM Ponzi schemes, is reliant on bringing on new affiliates on a constant basis, which eventually becomes unmanageable. A lack of funds for withdrawal results from a slowdown in recruitment since the flow of fresh money is reduced. The Blockchain Era’s demise as a result of this financial burden is inevitable.
The three prior collapses of WeWe Global provide a good illustration of this cycle in operation.
It’s important to note that many people who made sizeable investments in WeWe Global’s earlier initiatives are now participating in The Blockchain Era with the intention of withdrawing sizable sums of money that do not actually exist.
Even with the new name, The Blockchain Era will probably collapse even faster given that the third WeWe Global reboot only lasted eight months or so.