IDAA stands for Independent Digital Assets Alliance.
Within the context of being an MLM company, IDAA is a sprawling mess:
What we’re going to focus on in this review is IDAA Games and GrowthPool.
IDAA Games is an MLM opportunity centered around Alpha GamesCoin token investment. GrowthPool is a separate MLM income opportunity marketed within IDAA.
IDAA Games fails to provide ownership or executive information on its website.
IDAA Games’ website domain (“idaa.games”), was registered on April 16th, 2020. The private registration was last updated on April 15th, 2023.
GrowthPool also fails to provide ownership or executive information on its website.
GrowthPool’s website domain (“growthpool.org”), was registered in December 2021. The private registration was last updated on November 9th, 2023.
One name we can attach to IDAA Games is Anton “Toni” Federspiel, who I believe is from Austria.
Federspiel is a top promoter of IDAA Games. He is also a top earner in the
collapsed OneCoin Ponzi scheme
.
In an October 2023 marketing presentation hosted by Federspiel, a marketing slide cites Alex Suarez as founder and President of GamesCoin Group.
IDAA Games seems to fall under GamesCoin Group, so presumably Suarez owns that too (this is left ambiguous).
Suarez doesn’t appear to have any verifiable MLM history.
On its website, IDAA Games represents ties to the UAE through Independent Digital Assets Alliance LLC.
Independent Digital Assets Alliance LLC is purportedly registered as a shell company in Sharjah. Sharjah is just up the road from Dubai, the
notorious MLM crime capital of the world
.
As a general precaution, any MLM company representing it is based out of or having ties to the UAE should be avoided.
As opposed to the UAE though, IDAA Games appears to actually be operated from Germany:
As per the IDAA Games invoice above, the company operates as Youre Family GmbH, a German registered company.
Presumably the unassuming name “Youre Family” is being used to fool banks and avoid detection by regulators.
Reflecting being primarily marketed in German, for November 2023 SimilarWeb tracked top sources of traffic to IDAA Games’ website as Austria (33%), Germany (26%), Italy (20%) and Switzerland (7%).
GrowthPool’s public facing homepage is nothing more than an affiliate sign in form. No information is provided.
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.
IDAA Games’ Products
IDAA Games has no retailable products or services.
Affiliates are only able to market IDAA Games affiliate membership itself.
IDAA Games’ Compensation Plan
IDAA Games’ compensation plan can be split up into IDAA Games itself and GrowthPool.
IDAA Games
IDAA Games affiliates sign up and invest in Alpha GamesCoin (AGC).
Start – invest €199 EUR and receive 8 AGC
Basic – invest €499 EUR and receive 22 AGC
Bronze – invest €999 EUR and receive 46 AGC and an NFT
S
🤖 Quick Answer
What is IDAA Games and its connection to Alpha GamesCoin?IDAA Games represents a multi-level marketing opportunity centered on Alpha GamesCoin token investment. Operated under the Independent Digital Assets Alliance framework, it functions as a separate revenue structure alongside GrowthPool, another MLM income platform within the broader IDAA organization.
Why is the lack of ownership information concerning for IDAA Games?
The absence of disclosed ownership and executive details on IDAA Games' website raises transparency concerns typical of questionable investment schemes. This information gap, combined with private domain registration since April 2020, prevents potential participants from verifying corporate legitimacy and accountability structures.
What regulatory red flags exist regarding GrowthPool?
GrowthPool similarly lacks publicly available ownership and executive information despite its domain registration in December 2021. The private registration update in November suggests operational concealment practices commonly associated with unregulated investment
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