Hourlyer provide no information on their website about who owns or runs the company.
The Hourlyer website domain (“hourlyer.com”) was privately registered on January 24th, 2018.
Hourlyer claim to be incorporated in the UK and provide an incorporation certificate for “Hourly Limited”.
Hourly Limited was incorporated in the UK on March 14th, 2017. Whether the company actually has anything to do with Hourlyer though is unclear.
In any event UK incorporation is dirt cheap and for the most part unregulated. It is a favorite for scammers looking to incorporate dodgy companies.
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.
Hourlyer Products
Hourlyer has no retailable products or services, with affiliates only able to market Hourlyer affiliate membership itself.
The Hourlyer Compensation Plan
Hourlyer affiliates invest funds on the promise of an advertised ROI:
invest $6 to $3000 and receive a 288% ROI after 72 hours
invest $8 to $10,000 and receive a 180% ROI after 36 hours
invest $800 to $100,000 and receive a 240% ROI after 12 hours
invest $400 to $100,000 and receive a 1000% ROI after 7 days
Hourlyer pay 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.
Hourlyer cap payable unilevel levels at four, with commissions paid out as a percentage of funds invested across these four levels.
How much an Hourlyer affiliate makes on level 1, funds invested by personally recruited affiliates, is determined by how much they themselves have invested:
invest $1 to $40 = 3% commission rate
invest $41 to $100 = 4% commission rate
invest $101 to $300 = 5% commission rate
invest $301 or more = 10% commission rate
Referral commission rates across levels two to four of the unilevel team are fixed as follows:
level 2 – 0.5%
levels 3 and 4 – 0.2%
Joining Hourlyer
Hourlyer affiliate membership is free, however free affiliates can only earn referral commissions.
Full participation in the Hourlyer MLM opportunity requires a minimum $1 investment.
Conclusion
Hourlyer claim to generate external ROI revenue through “cloud bitcoin mining”.
The company cooperates with the largest farms in several countries (United Kingdom, United States of America, German, Japan, and China).
Together, we have formed a large enough network that has high performance and strong potential.
Hourlyer fail to provide any hard evidence of bitcoin mining take place, or any other verifiable source of external ROI revenue.
Furthermore Hourl
🤖 Quick Answer
Who owns and operates Hourlyer?Hourlyer provides no publicly available information regarding ownership or management on its website. The company claims UK incorporation under "Hourly Limited," registered March 14th, 2017, though connection to Hourlyer remains unclear. Domain registration occurred January 24th, 2018, privately registered.
What products does Hourlyer offer?
Hourlyer operates without retailable products or services, functioning primarily as a recruitment-based compensation structure rather than a product-focused enterprise.
What is the regulatory status of Hourlyer's incorporation?
Hourlyer claims UK incorporation, which involves minimal regulatory oversight and low incorporation costs, characteristics frequently associated with entities operating under questionable business models.
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