CryptoGold provide no information on their website about who owns or runs the business.
The CryptoGold website domain (“krypto-gold.com”) was registered on July 29th, 2016. Michael Bauer is listed as the owner, with an address in Cologne, Germany also provided.
CryptoGold has another website set up at “cryptogold.de”, on which Sascha Senft is listed as an additional Director of the company. This website also has a PO Box address for CryptoGold Limited in Dubai.
It is likely CryptoGold exists in Dubai in name only and is being operated from Germany.
Possibly due to language barriers, I was unable to find any additional information on either Michael Bauer or Sascha Senft.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
CryptoGold Products
CryptoGold has no retailable products or services, with affiliates only able to market CryptoGold affiliate membership itself.
The CryptoGold Compensation Plan
CryptoGold affiliates invest in $50, $100 or $500 shares on the promise of a daily ROI.
The daily ROI is paid in bitcoin and fluctuates from day-to-day.
Referral commissions are paid out on downline investment, through a complicated combination of direct and residual models.
Affiliate Ranks
There are five affiliate ranks within the CryptoGold compensation plan.
Along with their respective qualification criteria they are as follows:
Silver – sign up and invest at least $500
Gold – recruit at least five Silver affiliates who have each recruited at least two Silver affiliates and have a total downline investment volume of at least $10,000
Platinum – recruit at least three Gold affiliates and have a total downline investment volume of at least $50,000
Diamond – recruit at least two Platinum affiliates and have a total downline investment volume of at least $200,000 ($50,000 a month minimum to maintain Diamond rank)
White Diamond – recruit at least two Diamond affiliates and have a total downline investment volume of at least $1,500,000 ($200,000 a month minimum to maintain White Diamond rank)
Note that no more than 50% of required volume can be counted from any single recruitment leg.
Residual Commissions
CryptoGold affiliates who have invested at least $500 are paid to recruit new who affiliates who also invest.
Recruitment commissions are paid out residually via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note t
🤖 Quick Answer
Who are the owners and operators of CryptoGold?CryptoGold's primary website lists Michael Bauer as owner, with an address in Cologne, Germany. A secondary domain identifies Sascha Senft as an additional Director. The company maintains a registered address in Dubai, though operational activity appears centered in Germany, suggesting Dubai may serve as a nominal location only.
When was CryptoGold's main domain registered?
The krypto-gold.com domain was registered on July 29th, 2016. Additional information regarding the company's ownership structure remains limited in publicly available sources.
What transparency issues does CryptoGold present?
CryptoGold provides minimal information about ownership and management on its primary website. The company operates multiple domains with different ownership declarations and maintains addresses across multiple jurisdictions, creating opacity regarding actual operational control and regulatory oversight.
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