GluTech fails to provide ownership or executive information on its website.

GluTech’s official website domain (“glutech.io”), was privately registered on May 29th, 2023.

Over on GluTech’s official YouTube channel, we find marketing presentations hosted by “Grant … from our marketing department at GluTech.”

Grant Holmes is an
American actor and voice over artist
.

Online Grant markets himself as “The Webinar Guy”:

As a full-time voice over actor, I use over 25 years of experience in marketing, sales, and advancing profitability to make your work stellar.

I have significant career experience in marketing, fundraising, strategic planning, team building, business analysis, and finding appropriate solutions for my clients.

My superpower is making you and your business look and sound good.

At time of publication Holmes has hosted two GluTech marketing presentations; one on July 27th and one on July 29th.

On August 2nd, GluTech uploaded a new “business presentation” featuring a different host:

I don’t have a name but, based on what I was able to find, I believe this person works as a virtual assistance from the Philippines.

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.

GluTech’s Products

GluTech has no retailable products or services.

Affiliates are only able to market GluTech affiliate membership itself.

GluTech’s Compensation Plan

GluTech affiliates invest $10 or more in Binance Coin (BNB).

This is done on the promise of advertised passive returns:

invest 10 BNB or more for 7 days and receive 2% a day

invest 10 BNB or more for 30 days and receive 2.5% a day

invest 60 BNB or more for 60 days and receive 3% a day

If a GluTech affiliates wishes to withdraw before the end of their contract, GluTech charges a 25% penalty fee.

Note that while USD is quoted in GluTech’s compensation plan, all payments and withdrawals are made in BNB.

The MLM side of GluTech pays on recruitment of affiliate investors.

GluTech Affiliate Ranks

There are eight affiliate ranks within GluTech’s compensation plan.

Along with their respective qualification criteria, they are as follows:

Affiliate – sign up as a GluTech affiliate

Bronze – invest at least $100, recruit five affiliates and generate $5000 in total downline investment volume

Gold – maintain a minimum $100 investment, recruit seven affiliates and generate $10,000 in total downline investment volume

Ruby – invest $500, recruit ten affiliates and generate $20,000 in total downline investment volume

Sapphire – invest $1000, recruit twenty affiliates and generate $50,000 in total downline investment volume

Diamond – invest $3000, maintain twenty personally recruited affiliates and generate $100,000 in total downline investment volume

Blue Diamond – invest $5000, maintain twenty personally recruited affiliates and generate $250,000 in total downline investment volume

Ambassador – invest $10,

🤖 Quick Answer

What is GluTech and its connection to blockchain technology?
GluTech is a project operating on the Binance Smart Chain (BSC) that has been identified as a Ponzi scheme. The platform lacks transparent ownership and executive information on its official website, raising significant concerns about its legitimacy and operational transparency within the cryptocurrency sector.

Who represents GluTech in its marketing operations?
Grant Holmes, an American actor and voice-over artist, serves as GluTech's marketing department representative. Holmes markets himself as "The Webinar Guy" and claims extensive experience in marketing, sales, fundraising, and strategic planning spanning over 25 years.

When was GluTech's official domain registered?
GluTech's official website domain "glutech.io" was privately registered on May 29th, 2023. The private registration status prevents public access to ownership information, further obsc

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