GSPartners chairman Josip Heit will headline a promotional event at the Georgia Aquarium on April 23rd, an gathering branded as the "Lydian World Tour." Tickets for the Atlanta event cost $60.
The event marks GSPartners' first major promotional effort in the United States. It is scheduled for the hometown of Michael El Dalcoe, GSPartners' top US promoter and a significant net-winner in the scheme, who resides in Atlanta.
Attendees can expect a program featuring a "brief business overview" from a GSPartners leader, followed by a "technology session" led by CTO Alexandru Cocindau. Advisory Board Member Dirc Zahlmann will also address the crowd, preceding Mr. Heit's main presentation. The agenda concludes with "words of inspiration" from GSPartners' "Global Ambassadors" and a "rank recognition" ceremony, common elements in multi-level marketing recruitment drives.
The branding of the event as a "Lydian World Tour" appears to be a deliberate attempt to downplay its connection to GSPartners. Lydian World is a lesser-known component within GSPartners' broader network of cryptocurrency-based investment products. It operates as one of several spinoff token Ponzis under the GSPartners umbrella.
GSPartners itself functions as a passive investment scheme, primarily centered around its G999 token and various associated token offerings. Investors are promised returns based on new money entering the system, a hallmark of a Ponzi structure.
The US market has historically been the primary source of traffic to GSPartners' main website. While it recently slipped to second place, representing 33% of traffic behind Belize's 48%, the US still accounts for 64% of traffic to the Lydian World website. This figure, however, has dropped from 86% in prior weeks, suggesting a potential slowdown in recruitment efforts among US investors.
Neither GSPartners, nor its chairman Josip Heit, nor its top US promoter Michael El Dalcoe, are registered with the US Securities and Exchange Commission. The company's passive investment offerings, which promise returns on capital, are classified as securities under US law. Such offerings require registration with the SEC unless a specific exemption applies. Operating an unregistered securities offering poses significant legal risks for the company, its promoters, and potentially the venue hosting such an event. The lack of registration means these offerings operate without federal regulatory oversight or investor protection mechanisms.
The Georgia Aquarium's awareness of the event's promotional nature and GSPartners' business model remains unconfirmed.
