Beware of EazyBot – Review

EazyBot’s website has no information on who owns or operates the firm.

In truth, EazyBot’s website is nothing more than an affiliate login form as I write this:

The domain name for EazyBot’s website (“eazybot.com”) was initially registered in 2018. On December 23rd, 2021, the private registration was last updated with an incomplete Dubai, UAE address.

Dubai is the world’s MLM fraud capital.

Further investigation finds that Mohamed Omer Ali claims to be the creator and CEO of EazyBot:

Ali claims he was “working in the elevators and escalators new installation sector” before reinventing himself as a crypto dude.

I couldn’t find any information on Ali’s involvement with multilevel marketing.

The United States is presently the sole significant source of the traffic to EazyBot’s website, according to Alexa (39 percent ).

As always, if an MLM firm isn’t transparent about who runs or controls it, consider twice before joining and/or turning over any money.

Products by EazyBot

EazyBot does not provide any items or services for sale.

EazyBot affiliate membership is the only product that affiliates may promote.

Compensation Plan for EazyBot

EazyBot is a company that sells bitcoin trading bots.

• No cost – swap two coins on the same exchange.

• Novice – $250 per year, with the ability to trade up to 10 coins on up to two exchanges.

• Pro VIP – $995 per year, allows you to trade any accepted coin on up to five different exchanges.

Tether is used to pay subscription costs (USDT). Affiliates using EazyBot must deposit at least $600 for each coin in the bot.

It’s worth noting that EazyBot doesn’t publish a list of acceptable tradeable currencies.

Updated on March 13th, 2022 – In the comments section below, a reader has posted an EazyBot marketing video that shows tradeable coins.

Tron, ripple, cardano, Polkadot, dogecoin, litecoin, uni swap, luna, bitcoin catch, Ethereum, chainlink, polygon, stellar, and monero are the ones to look out for. /finish-update

EazyBot charges continuing ROI fees in addition to membership fees:

• Affiliates on the first tier receive a 30% commission.

• Affiliates in the Novice and Pro VIP tiers receive a 20% commission.

EazyBot’s MLM division offers commissions on affiliate membership costs.

It is presumed that commissions and bonuses are paid in USDT, even though this is not stated.

Affiliate Ranks for EazyBot

EazyBot’s pay model has a total of twelve tiers.

They are as follows, along with their respective qualification criteria:

• Affiliate Coach – recruit three Affiliates each investing at least $600 in the bot • M1 Coach – recruit and maintain one Affiliate Coach • M2 Coach – recruit and maintain two Affiliate Coaches • Super Affiliate – recruit and maintain three Affiliate Coaches • M1 Super Affiliate – recruit and maintain one Super Affiliate • M2 Super Affiliate – recruit and maintain two Super Affiliates • M3 Super Affiliate – recruit and maintain three Super Affiliates

• Champion Affiliate – have an M5 Super Affiliate in each of your five downline legs (personally recruited or not), and produce and maintain a total bot investment volume of $500,000 in your downline.

• Crown Affiliate – have a Champion Affiliate in each of your five downline legs (personally recruited or not), and produce and maintain a total bot investment volume of $1,000,000 in your downline.

Commissions for Referrals

Down two layers of recruiting, EazyBot pays referral commissions (Unilever).

Referral commissions are calculated as a proportion of the membership costs paid by newly recruited Novice and Pro VIP affiliates:

• 40% for level 1 (personally recruited affiliates)

• ten percent at level two

Commissions on ROI Fees

ROI Fee Commissions are 8% of ROI fees generated from directly recruited affiliates.

Based on rank and personal recruiting requirements, this can be upgraded by up to twenty levels:

• recruit one affiliate to unlock levels 1 and 2 • recruit two affiliates to unlock levels 1 to 4 • recruit three affiliates to unlock levels 1 to 6 • to recruit four affiliates to unlock levels 1 to 8 • recruit five affiliates to unlock levels 1 to 10 • recruit six affiliates to unlock levels 1 to 12 • to recruit seven affiliates to unlock levels 1 to 14

Down eight layers of recruitment, Affiliate Coaches receive ROI Fee Commissions.

M1 Coaches earn ROI Fee Commissions on their personally recruited Affiliate Coach downline at the following levels: • 8% on levels 1 to 5 • 1% on levels 6 to 10 M1 Coaches earn ROI Fee Commissions on their personally recruited Affiliate Coach downline at the following levels:

• 8% on levels 1 to 5 • 1% on levels 6 to 15 M2 Coaches receive ROI Fee Commissions on their two personally recruited Affiliate Coach downlines down fifteen tiers of recruiting.

• 8% on levels 1 to 5 • 1% on levels 6 to 15 Super Affiliates receive ROI Fee Commissions on all individually recruited Affiliate Coach downlines down fifteen tiers of recruiting.

• 8% on stages 1 through 5; 1% on levels 6 through 15 M1 On their personally recruited Super Affiliate downline, Super Affiliates receive ROI Fee Commissions down eighteen tiers of recruitment (Affiliate Coach downlines remain at fifteen levels)

M2 Super Affiliates receive ROI Fee Commissions down eighteen levels of recruiting on their two personally recruited Super Affiliate downlines, earning 8% on levels 1 to 5 and 1% on levels 6 to 18. (Affiliate Coach downlines remain at fifteen levels)

M3 Super Affiliates get ROI Fee Commissions on all individually recruited Super Affiliate downlines down eighteen tiers of recruiting (Affiliate Coach downlines remain at fifteen levels)

On their first four personally recruited Super Affiliate downlines, M4 Super Affiliates receive ROI Fee Commissions down twenty tiers of recruiting (remaining Super Affiliate downlines are paid eighteen levels, Affiliate Coach downlines remain at fifteen levels)

M5 and above Super Affiliates get ROI Fee Commissions on all individually recruited Super Affiliate downlines down twenty tiers of recruiting (Affiliate Coach downlines remain at fifteen levels)

Commissions on ROI Fees Make a comparison

On the ROI Fee, EazyBot pays an 8% check match. Two stages of recruiting were paid down through commissions:

• 8% ROI Fee Commission Match at Level 1

• 3% ROI Fee Commission Match at Level 2

Revenue Pool for Global Champions

EazyBot contributes 3% of monthly membership income to the Revenue Pool of the Global Champions.

Each month, Champion Affiliates are paid based on their portion of the Global Champions Revenue Pool.

• Earning the title of Champion Affiliate earns you one share.

• After the rank-required five legs, each additional downline leg with an M5 Super Affiliate generates one more share.

Crown Revenue Pool Around the World

EazyBot contributes 2% of monthly membership revenue to the Crown Revenue Pool.

Each month, Crown Affiliates are paid based on their portion of the Global Champions Revenue Pool.

• Becoming a Crown Affiliate earns you one share.

• After your rank-required five downline legs, each additional downline leg with a Champion Affiliate produces one more share.

The Founders Club is a group of people that started a

EazyBot contributes 5% of monthly membership income to the Founders Club pool.

The first 1000 EazyBot affiliates who 1. join up at the Pro VIP tier and 2. qualify at Super Affiliate will each receive an equal portion of the Founders Club pool.

Joining EazyBot is simple.

There are three levels of EazyBot affiliate membership:

• It’s free — it’s not going to cost you anything.

• Novice – $250 per year • Pro VIP – $995 per year

The more money an EazyBot affiliate spends, the more money they may make.

Conclusion of EazyBot

EazyBot is the newest bot scam in what looks to be a torrent of low-cost trading bots invading the MLM underground.

Mohamed Omer Ali is certainly collaborating with others since an elevator/escalator technician does not just wake up one day and develop a trading bot.

This form of scam thrives in Dubai. The United States is a possibility since, in addition to being the primary source of visitors to EazyBot’s website, Americans were responsible for the majority of the promotion I observed.

EazyBot is, in any case, a conventional MLM trading bot scheme. Affiliates join up, pay a price for access (or face higher ROI costs), connect EazyBot’s bot to their trading account, and use it to invest cash.

EazyBot’s opportunity is a securities offering due to the passive nature of produced profits.

In the United States, neither EazyBot nor Mohamed Omer Ali is registered with the Securities and Exchange Commission (SEC). Or, for that matter, any financial regulator in any jurisdiction.

This suggests that EazyBot is committing securities fraud at the very least.

The business model of EazyBot likewise fails the Ponzi logic test. Nobody with a bot worth their salt is going to give it away for free.

If EazyBot’s bot is all it claims to be, operating it silently with your balance is preferable to giving customer help and facing regulatory scrutiny.

Nonetheless, here we are.

BehindMLM refers to EazyBot as a “lulz can’t touch our money!” plan. Investors are encouraged to assume that their money is safe, whereas, in reality, the bot owner is free to do whatever they want with it.

Exit scams using “Lulz can’t touch our money!” techniques often include blowing up the bot or rigging deals.

In either case, transactions are made in the admin’s favor. Investors are provided a variety of exit-scam explanations, and their accounts are wiped out as a consequence.

Because this is a crypto bot, investors will likely be left owning some random shitcoin.

EazyBot’s MLM side is a pyramid scam that pays out based on the number of affiliates that pay annual fees.

MLM trading bot programs seldom last more than a few months before failing. Even if EazyBot succeeds, there are still issues about securities fraud, pyramid fraud, and providing criminals in Dubai access to your money.

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