There is no information on the E-Dinar website indicating who owns or runs the business.
The E-Dinar website domain (“e-dinar.io”) was registered on the 7th of October 2015, with “Insider Mine” of “LP Edinar-group” as the owner. An address in Kuala Lumpur, Malaysia is also provided.
“Mass media” articles provided on the E-Dinar website are little more than spam the owner(s) of E-Dinar have uploaded to various press-release websites.
The marketing videos on the website were made on the cheap, using the services of Fivver seller “Ivannicholo”.
Alexa currently estimate that 26.4% of all traffic to the E-Dinar website originates out of the US. Russia and Ukraine aren’t far behind, providing 19.4% and 16.6% respectively.
There’s a distinct lack of information available on Insider Mine and LP Edinar-group. My thinking is that these are likely just shell companies set up in Malaysia.
Between Russia and the US, I’m leaning towards the admins of E-Dinar being based in Europe.
This is based on the abundance of E-Dinar marketing material in Russian, as well as use of the Slovakian file locker to host the E-Dinar website (albeit the link was broken at the time of publication).
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.
The E-Dinar Product Line
E-Dinar has no retailable products or services, with affiliates only able to market E-Dinar affiliate membership itself.
The E-Dinar Compensation Plan
E-Dinar represent on their website that investment in “E-DINAR currency volume” (EDR) attracts a 20% monthly ROI.
Residual commissions on this 20% monthly ROI are paid out 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 go on to 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.
E-Dinar cap payable levels at seven, with commissions paid out as a percentage of the ROI received by affiliates in the unilevel team:
level 1 (personally recruited affiliates – 25%
level 2 – 20%
level 3 – 15%
level 4 – 10%
level 5 – 5
levels 6 and 7 – 2.5%
Note that the following qualifiers must be met for an E-Dinar affiliate to earn on all seven levels of their unilevel team:
level 1 – invest in at least 1 EDR
level 2 – have at least 100 EDR in your E-Dinar wallet
level 3 – maintain at least 100 EDR in your E-Dinar wallet and recruit at least 5 affiliates, each of whom have invested in at least 100 EDR
level 4 – maintain at least 100 EDR in your E-Dinar wallet and recruit at least 25 affiliates, each of whom have invested in at least 100 EDR
level 5 – maintain at least 100 EDR in your E-Dinar wall
🤖 Quick Answer
What is E-Dinar and who operates it?E-Dinar is a cryptocurrency platform registered in 2015 under the domain e-dinar.io. The business is associated with "Insider Mine" and "LP Edinar-group," with a registered address in Kuala Lumpur, Malaysia. However, detailed ownership and operational information remains undisclosed on official channels.
How does E-Dinar market itself?
E-Dinar utilizes press-release websites for promotional content and low-budget marketing videos produced through freelance services. The platform's promotional materials are widely distributed across various media outlets to build market presence and credibility.
What geographic distribution characterizes E-Dinar's user base?
According to Alexa traffic data, approximately 26.4% of E-Dinar website traffic originates from the United States. Russia and Ukraine follow closely
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