CryptoWorld Network provide no information about who owns or runs the company.
The CryptoWorld Network website domain (“cryptoworldnetwork.com”) was privately registered on November 1st, 2017.
Further research reveals CryptoWorld Network affiliates marketing the company as the successor to Global MoneyLine.
A visit to the Global MoneyLine Facebook page reveals the company announced a “new division” back in July:
The August prelaunch didn’t happen (or if it did it flopped), with Global MoneyLine eventually prelaunching CryptoWorld Network as a “sister company” on January 2nd, 2018:
Global MoneyLine
is a pyramid scheme launched in mid 2016.
Under the guise of building an email list, Global MoneyLine affiliates pay $20 and are paid to recruit others who do the same.
Alexa traffic estimates for the Global MoneyLine website show a sharp decline in traffic from around March, 2017.
For a pyramid scheme this spells collapse, which has likely prompted the launch of CryptoWorld Network.
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.
CryptoWorld Network
CryptoWorld Network has no retailable products or services, with affiliates only able to market CryptoWorld Network affiliate membership itself.
CryptoWorld Network affiliate membership for $49 provides access to a private social media platform and forum, hosted on the CryptoWorld Network website.
CryptoWorld Pro affiliate membership for $499 allows an affiliate to create and participate in “Pro Network” groups on the social network.
CryptoWorld VIP affiliate membership for $999 provides access to “VIP Pro Network” groups and the ability to create landing pages on the social network.
CryptoWorld VIP affiliates are also able to purchase advertising on the social network for $49 a month.
The CryptoWorld Network Compensation Plan
CryptoWorld Network affiliates pay an annual membership fee. Commissions are paid when they recruit others who do the same.
To qualify for commissions each CryptoWorld Network affiliate must “be on the monthly”, which I believe is a reference to mandatory purchase of the $49 ad pack service.
CryptoWorld Network pay recruitment commissions out 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 there is no limit to how deep a binary team can grow.
Payment of CryptoWorld Network affiliate membership fees by recruited affiliates generates sal
🤖 Quick Answer
What is CryptoWorld Network and its connection to Global MoneyLine?CryptoWorld Network is a cryptocurrency-related company that emerged as a successor to Global MoneyLine in January 2018. The website domain was privately registered in November 2017. Company affiliates marketed it as Global MoneyLine's "sister company," suggesting continuity between the two organizations despite Global MoneyLine's documented history as a pyramid scheme structure.
What operational structure did Global MoneyLine employ?
Global MoneyLine, launched in mid-2016, operated as a pyramid scheme. Participants paid $20 to join under the premise of building email lists, with compensation primarily derived from recruiting additional members rather than legitimate product sales or services, characteristic of unsustainable recruitment-based business models.
What transparency issues surround CryptoWorld Network's ownership?
CryptoWorld Network provides no publicly available information regarding company ownership
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