Bulleto fails to provide ownership or executive information on its website.

Bulleto’s website domain (“bulleto.io”), was first registered in December 2020. The private registration was last updated on July 20th, 2023.

Based on the first video uploaded to its official YouTube channel, Bulleto appears to have initially launched on or around February 2023.

Bulleto’s marketing gives us several names we can attach to the opportunity:

Shivesh Kumar

Mahesh Sharma

Zee Senior (alias?)

Omar Khan

Sahil Raj Prajapati

Kumar Balwant

The majority of people tied to Bulleto seem to be from India. Bulleto is also
targeting Bangladesh
.

It should be noted that Bulleto’s FaceBook page is managed from the UAE:

This suggests even though it’s run by Indians, that Bulleto’s admins are hiding in Dubai.

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the 
MLM crime capital of the world
.

BehindMLM’s guidelines for Dubai are:

If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.

If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to Bulleto, read on for a full review.

Bulleto’s Products

Bulleto has no retailable products or services.

Affiliates are only able to market Bulleto affiliate membership itself.

Bulleto’s Compensation Plan

Bulleto directs affiliates to purchase BBOND from “bbonds.io”. Bbond appears to be an illegal crypto lottery which they run through their own BBOND shitcoin.

There’s probably some crossover between BBOND’s and Bulleto’s admin(s), but for breaking down Bulleto’s compensation plan it’s not worth exploring.

Once acquired, affiliates buy Bulleto matrix cycler positions with BBOND.

There are two cyclers within Bulleto; A Club Matrix and B Club Matrix.

A Club Matrix

Bulleto’s A Club Matrix uses a 2×2 matrix structure.

A 2×2 matrix places a Bulleto affiliate at the top of a matrix, with two positions directly under them:

These two positions form the first level of the matrix. The second level of the matrix is generated by splitting these first two positions into another two positions each (4 positions).

Positions in the matrix are filled via subsequent cycler positions by new and existing Bulleto affiliates.

When all six positions in a 2×2 matrix are filled, a “cycle” is triggered.

There are eight tiers in Bulleto’s A Club Matrix cycler. Commissions across all eight tiers are as follows:

Tier 1 (positions cost 0.001 BTC, supposedly payable in BBOND) – 0.001 BTC commission and cycles into a new Tier 1 and Tier 2 matrix

Tier 2 – 0.002 BTC commission and cycles into a new Tier 2 and Tier 3 matrix

Tier 3 – 0.004 BTC commission and cycles into a new Tier 3 and Tier 4 matrix

Tier 4 – 0.008 BTC commission and cycles into a new Tier 4 and Tier 5 matrix

Tier 5 – 0.016 BTC commission and cycles into a new Tier 5 and Tier 6 matrix

Tier 6 –

🤖 Quick Answer

What is Bulleto and its operational structure?
Bulleto is a Dubai-based smart-contract scheme operating since February 2023. The platform lacks transparent ownership information on its website. The domain bulleto.io was registered in December 2020 with private registration. Marketing materials identify several individuals, primarily from India, including Shivesh Kumar, Mahesh Sharma, and Omar Khan, suggesting Indian management with administrative presence in the UAE.

Which geographic markets does Bulleto target?
Bulleto primarily targets users in Bangladesh and India. Marketing campaigns feature multiple individuals with Indian backgrounds and connections. However, administrative operations appear to be managed from the United Arab Emirates, particularly Dubai, indicating a geographic separation between operational management and targeted markets.

What operational transparency issues does Bulleto present?
Bulleto fails to disclose ownership or executive information publicly. The platform maintains private domain registration, with limited verifiable information about

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