Givas, a scheme operating at givas.org, solicits $10 payments from new members to enter a six-tier matrix cycler. The domain was registered privately on December 12th, 2024, and the platform offers no discernible products or services.
The structure Givas utilizes is a matrix cycler, a common setup for pyramid schemes. Participants pay to join, and their primary activity is recruiting others. These new recruits also pay to enter the matrix, and a portion of these payments is passed up to earlier participants. Givas employs a combination of 3x2 and 3x3 matrices across its six tiers. A 3x2 matrix has three initial positions, which then expand to three more each, totaling twelve fillable spots. A 3x3 matrix includes an additional level, bringing the total to thirty-nine spots.
Entry into the first tier costs $10 and utilizes a 3x2 matrix. Completing this tier pays out $20 and advances the participant to the second tier. Tier 2, also a 3x2 matrix, pays $40 upon completion and moves the participant to Tier 3. Tier 3, which uses a 3x3 matrix, pays $250. Tier 4, another 3x3 matrix, yields $900. Participants then advance to Tier 5, a 3x3 matrix, which pays $2500. The final tier, Tier 6, a 3x3 matrix, offers a payout of $15,000 and generates a new position in Tier 1.
Givas advertises itself as a "crowdfunding" initiative linked to charitable projects. However, no evidence supports these charitable claims. Instead, funds collected at each tier appear to be retained as administrative fees by Givas's anonymous operators. These fees are substantial. The administrative fee collected from Tier 1 is $26. Tier 2 collects $52. In Tier 3, the admin fee jumps to $308. Tier 4 retains $1672. Tier 5's admin fee is $5560. The largest fee, $32,990, is collected at Tier 6.
These fees are in addition to "preloaded admin positions." These positions allow the anonymous owner to capture a significant portion of payments, particularly at the higher tiers. The scheme is structured so that early entrants and those who recruit heavily profit at the expense of the majority of participants, who are likely to lose money when the platform inevitably collapses. Givas accepts payments in various cryptocurrencies, making fund recovery more challenging. Both gifting payments and pyramid recruitment are illegal globally.
The domain "givas.org" was privately registered on December 12th, 2024.
