Doradus fails to provide ownership or executive information on its website.
Doradus’ website domain (“doradus.io”), was privately registered on November 4th, 2022.
Doradus’ website cites an “official launch” date of December 5th, 2022.
In an attempt to appear legitimate, Doradus provides shell incorporation certificates for the UK and Hong Kong on its website.
Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.
Doradus also provides a 30 million euro insurance document, purportedly from Aviva.
Again for the purpose of MLM due-diligence, whether legitimate or not, such documents are meaningless.
On December 27th, 2022, the Central Bank of Russia issued a
Doradus pyramid scheme fraud warning
.
This, coupled with SimilarWeb tracking Russia as the top source of traffic to Doradus’ website, strongly suggests Russians are running Doradus.
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.
Doradus’ Products
Doradus has no retailable products or services.
Affiliates are only able to market Doradus affiliate membership itself.
Doradus’ Compensation Plan
Doradus affiliates invest USD equivalents in DORA tokens. This is done on the promise of advertised returns:
Dors – invest $1 to $199.99 and receive 1.8% a day for 10 days
Ogma – invest $200 to $4999 and receive 2.13% a day for 30 days
Regor – invest $5000 to $29,999 and receive 3.27% a day for 60 days
Apollion – invest $30,000 to $300,000 and receive 5.87% a day for 100 days
The MLM side of Doradus pays commissions on recruitment of affiliate investors.
Doradus pays referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Doradus caps payable unilevel team levels at eight.
Referral commissions are paid as a percentage of funds invested across these eight levels based on rank:
Dors tier affiliates earn 1% on level 1 (personally recruited affiliates), 0.2% on level 2, 0.15% on level 3 and 0.1% on level 4
Ogma tier affiliates earn 2.5% on level 1, 0.5% on level 2, 0.2% on level 3, 0.15% on level 4, 0.1% on level 5 and 0.05% on level 6
Regor tier affiliates earn 5% on level 1, 0.7% on level 2, 0.5% on level 3, 0.2% on level 4, 0.15% on level 5, 0.1% on level 6, 0.05% on level 7 and 0.01% on level 8
Apollion tier affiliates earn 8.8% on level 1, 1% on level 2, 0.7% on level 3, 0.5% on level 4, 0.2% on level 5, 0.15% on level 6, 0.1% on level 7
🤖 Quick Answer
What are the key red flags identified in the Doradus platform?Doradus exhibits multiple warning signs: undisclosed ownership and executive information, private domain registration in November 2022, shell incorporation certificates from UK and Hong Kong, a questionable Aviva insurance document, and a Central Bank of Russia warning regarding pyramid scheme activities, all indicators commonly associated with fraudulent cryptocurrency operations.
When was the Doradus domain registered and officially launched?
The Doradus.io domain was privately registered on November 4th, 2022, followed by an official platform launch announced for December 5th, 2022, creating a compressed timeline typical of hastily-established cryptocurrency schemes.
Why are incorporation certificates and insurance documents insufficient for MLM verification?
Shell company incorporation certificates and insurance documents lack evidentiary value in MLM due-diligence investigations because scammers can obtain these documents with fraud
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