EchoOne fails to provide ownership or executive information on its website.
In an official marketing presentation, EchoOne cites “Nicholas Bennett” as its CEO:
Bennett doesn’t exist outside of this marketing slide. It’s unclear whether he’s an actual person.
Offical EchoOne marketing videos feature stock footage with robodub narration. This is typical of non-native English speaking admins. It also supports Nicholas Bennett not existing.
EchoOne’s website domain (“echoone.io”), was privately registered on August 21st, 2023.
As of November 2023, SimilarWeb tracked just ~1500 visits to EchoOne’s website.
40% of EchoOne website traffic originated from the UK, 36% was from the US, 14% from Canada and 10% from Hungary.
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.
EchoOne’s Products
EchoOne has no retailable products or services.
Affiliates are only able to market EchoOne affiliate membership itself.
EchoOne’s Compensation Plan
EchoOne affiliates invest $100 or more in cryptocurrency. This is done on the promise of a 0.7% to 1.8% daily return, capped at 300%.
Note that EchoOne charges a 3% deposit fee and 5% withdrawal fee. Withdrawals are also restricted to Saturdays and Sundays.
The MLM side of EchoOne pays on recruitment of affiliate investors.
EchoOne Affiliate Ranks
There are ten affiliate ranks within EchoOne’s compensation plan.
Along with their respective qualification criteria, they are as follows:
Rank 1 – generate $25,000 in downline investment volume
Rank 2 – generate $50,000 in downline investment volume
Rank 3 – generate $100,000 in downline investment volume
Rank 4 – generate $200,000 in downline investment volume
Rank 5 – generate $300,000 in downline investment volume
Rank 6 – generate $400,000 in downline investment volume
Rank 7 – generate $500,000 in downline investment volume
Rank 8 – generate $1,000,000 in downline investment volume
Rank 9 – generate $5,000,000 in downline investment volume
Rank 10 – generate $10,000,000 in downline investment volume
Note that the following restrictions apply to required downline investment volume:
no more than 50% from the strongest recruitment leg
no more than 30% from the second strongest recruitment leg
Referral Commissions
EchoOne pays base 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.
EchoOne caps payable base unilevel team levels at four. Base referral commissions are paid out across these four levels as follows:
lev
🤖 Quick Answer
Who is Nicholas Bennett at EchoOne?Nicholas Bennett is cited as EchoOne's CEO in official marketing presentations. However, no verifiable information about this individual exists outside company materials, raising questions about his authenticity and actual involvement in the organization's operations.
What red flags characterize EchoOne's online presence?
EchoOne's website lacks transparent ownership and executive information. The company uses stock footage with robotic narration in marketing videos, maintains private domain registration, and reported minimal web traffic of approximately 1,500 monthly visits as of November 2023.
Where does EchoOne's website traffic originate?
According to SimilarWeb data, EchoOne's traffic distribution shows 40% from the United Kingdom, 36% from the United States, 14% from Canada, and 10% from Hungary, indicating primarily English-speaking market concentration.
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