Digital Generation, previously known as Coin Generation, lists four distinct business addresses across its website: Porto, Portugal; California, USA; London, England; and Belize. An investigation into these locations reveals no genuine physical operations for the purported cloud-mining company.
The Porto address, advertised as the company's "headquarters," is a virtual office rented from Regus. Digital Generation uses photoshopped images of The Brasilia Building, taken from the Regus website, to create the illusion of physical office space. This visual representation does not match reality. The listed California "administrative office" also operates virtually, utilizing an address provided by Servcorp.
London’s "legal unit" corresponds to a business offering rented mailboxes, not a functioning legal department. The Belize address, designated as an "offshore division," houses various companies providing offshore corporation services. This location, like the others, lacks any authentic physical presence or operational infrastructure for Digital Generation.
No information on the Digital Generation website indicates who owns or runs the business. While the domain "coingeneration.com" names "Mark Peterson" as its owner, the pattern of deceptive addresses casts doubt on this individual's existence. The anonymous operators likely work from Portugal, using the Belize offshore registration primarily to conceal funds.
Digital Generation offers no retailable products or services. Its website provides software for download, which directly ties into the company's compensation plan. Affiliates purchase a "$50 software license." This license supposedly allows users to run "cloud-computing threads," which Digital Generation claims generate the revenue necessary to pay commissions.
The Digital Generation compensation plan requires affiliates to invest $50. They receive an advertised $30 monthly return on investment, paid over 12 months. A single running thread yields a minimum of $1 per day, totaling $30 each month. Affiliates can seemingly invest in an unlimited number of threads. However, these ROIs depend on the Digital Generation software actively running.
The company tracks software activity through undisclosed internet communication and internal servers. Digital Generation provides no specific details to affiliates regarding this tracking system. Referral commissions are also available. Level 1 affiliates earn a 20% commission on ROIs paid to their personally recruited members. Level 2 affiliates, those recruited by Level 1 members, generate a 10% ROI commission for the Level 1 recruiter.
Consumers should exercise extreme caution when a multi-level marketing company does not disclose its ownership or operational leadership.