Weltsys provides no information on its website about who owns or runs the company.

Weltsys claims to be a Hong Kong based company but provides no evidence of incorporation.

Even then, Hong Kong incorporation would likely only have been used to register a shell company.

What I can confirm is Weltsys is tied to the Forcount. If you visit Forcount’s website, the following is displayed on the homepage footer:

Further research reveals Weltsys marketing confirming it’s a reboot of Forcount:

Forcount was a Ponzi scheme run by Francis Silva. BehindMLM
reviewed Forcount
, itself a reboot of the
Cointherum
Ponzi scheme, in May 2018.

More fleshed out than Cointherum’s “bitcoin doubler”, Forcount appears to have lasted up until a few months ago.

Alexa traffic estimates for Forcount’s website show a decline beginning around the start of October.

Comparatively, traffic to Weltsys’ website picked up in late November:

Read on for a full review of Weltsys’ MLM opportunity.

Weltsys’ Products

Weltsys market a range of investment plans as detailed in the compensation section of this review.

Affiliates are separated from retail customers by way of a monthly fee.

Weltsys’ Mindexcoin Compensation Plan

Weltsys affiliates invest in Mindexcoin (MIC), or alternatively with bitcoin or ethereum.

Investments are made on the promise of advertised returns, as detailed below.

Mindexcoin Investment

Weltsys affiliates invest in Mindexcoin on the promise of an advertised 1.2% daily ROI.

There are numerous MIC investment packages to choose from, ranging in price from 50,000 MIC to 10,000,000 MIC.

As I write this the public trading value of MIC is .05 of a cent. Whether Weltsys tack on any fees in not disclosed.

Upon reaching 200% maturity, reinvestment is required. Weltsys charges a 4% fee for reinvestment amounts.

Weltsys pays referral commissions on MIC investment down three levels of recruitment (unilevel):

level 1 (personally recruited affiliates) – 5%

level 2 – 3%

level 3 – 2%

Weltsys pays residual commissions via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.

At the end of each day Weltsys tallies up new investment volume on both sides of the binary team.

Affiliates are paid a percentage of funds invested on their weaker binary team side, based on how much MIC they themselves have invested in.

invest in 50,000 to 999,999 MIC and receive a 5% residual commission rate

🤖 Quick Answer

What is Weltsys and its connection to previous schemes?
Weltsys is a company claiming Hong Kong base without incorporation evidence, allegedly tied to Forcount. Research indicates Weltsys represents a reboot of Forcount, itself a previous iteration of the Cointherum scheme, both operated by Francis Silva and identified as Ponzi structures.

What operational transparency issues does Weltsys present?
Weltsys provides no publicly available information regarding company ownership or management on its website. The company offers no verifiable evidence of legitimate Hong Kong incorporation, suggesting potential use of shell company structures for business operations.

How was Forcount's Ponzi scheme structure identified?
Forcount operated as a more elaborate investment scheme compared to Cointherum's basic bitcoin doubler model. The platform maintained operational status until several months prior to investigation, with Alexa traffic data documenting its internet presence and user

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