On its website, Ushare says nothing about who owns or runs the company.
“ushare.marketing” is the name of Ushare’s website domain. It was first registered in February 2020. The last change to the private registration was made in February 2021.
Even though Ushare’s website is set to English by default, there are still some things on the home page that are written in Italian.
The name of the official Ushare Facebook page is also “Ushare Italia.”
What caught my eye was that Ushare’s website talked about DT Coin:
I thought I knew the name, so I looked it up in BehindMLM’s archives. The Diamond Temple Coin Ponzi scheme included DT Coin.
Daniele Marinelli, who was living in Rome, Italy, at the time, launched Diamond Temple Coin in 2017.
I did a quick search and found out that Marinelli is in charge of Ushare:
Marinelli’s company, DT Circle, seems to be the link between Ushare and DT Coin.
The March 2020 launch of Ushare seems to have been a way to make money off of the COVID-19 pandemic that was happening at the time:
Find out more about Ushare’s MLM opportunity by reading on.
The Products of Ushare
On its website, Ushare talks about a “blockchain phone.”
The new generation of smartphones with blockchain technology can now be reserved for €1190 instead of €2099. This means you can manage your data and be part of a community’s certification system, getting economic benefits and advantages not only from your data but also from those of a growing community.
Aside from the price and a vague sales pitch, no other information is given.
Below, an analysis of Ushare’s compensation plan shows that the phone doesn’t seem to have anything to do with their MLM opportunity.
The Pay Plan for Ushare
Affiliates of Ushare who buy DT Coins expect to get a passive return:
Ucard 100: Put down €100 and get 15 DT. Coin Ucard 500: Put €500 EUR in and get 78 DT. Coin Ucard 1500: Put €1500 EUR in and get 234 DT. Coin Ucard 2000: Put €2000 EUR in and get 312 DT. Coin Ucard 6000: Put €6,000 EUR in and get 937 DT. Coin Ucard 12,000: Put €12,000 EUR in and get 1875 DT. Coin Ushare sets the internal value of DT Coin, so affiliates can use an internal exchange to get more money back than they put in.
Because of this manipulation of DT Coin’s internal value, the amounts listed above could change.
The MLM part of Ushare makes money when new affiliate investors are brought in.
Most of the commissions and bonuses Ushare gives out are based on how much money is invested.
The amount of money invested is used to figure out the amount of money invested.
Affiliates of UShare only get 70% of the commissions they earn. The other 30% is paid for with DT Coin.
The Ranks of Ushare Affiliate
In Ushare’s compensation plan, there are twelve ranks for affiliates.
Here are their names and the qualifications they need to meet:
Affiliate: Become an affiliate of Ushare and invest.
Start: Find three Affiliates and persuade other people to invest €1250 EUR.
Pearl: Find and keep one Start-ranked affiliate and persuade other people to invest €6,250 EUR.
Sapphire: Keep one affiliate in the Start position and get other people to invest €18,750 EUR.
Ruby must find and keep three Start-level affiliates and persuade others to invest €37,500 EUR.
Emerald: Have two Pearl-level affiliates in two legs of your downline (one in each leg) and a Sapphire-level affiliate in another leg, and get other people to invest €75,000 EUR.
Diamond: Have two Sapphire-ranked affiliates in two downline legs (one in each leg) and a Ruby in another leg, and get other people to invest €187,500 EUR.
Blue Diamond: You need to have one Emerald-ranked affiliate in each of two downline legs and a Diamond-ranked affiliate in the third leg. You also need to get other people to invest €375,000 EUR.
Green Diamond: Have three Diamond-level affiliates in three legs of your downline (one in each leg), and get other people to invest €937,500 EUR.
Purple Diamond: Have two Diamond-level affiliates in two legs of your downline (one in each leg) and one Blue Diamond-level affiliate in another leg, and get other people to invest €2,187,500 EUR.
Red Diamond: Have two Blue Diamond-ranked affiliates in two downline legs (one in each) and a Green Diamond in another leg, and get other people to invest €7,500,000 EUR.
Black Diamond: Have two Blue Diamond-ranked affiliates in two downline legs (one in each) and a Purple Diamond in another leg, and get other people to invest €18,750,000 EUR.
Double Black Diamond: Have three Red Diamond-ranked affiliates in three downline legs (one in each), and get other people to invest €43,750,000 EUR.
The required investment from your downline is built up over time and has no deadline.
Note that for Emerald and Diamond, no single recruitment leg can bring in more than 50% of the required downline investment.
Also, keep in mind that Ushare changes the amounts that people in your downline have to invest based on where they live.
Most western countries are in this group, so I just went with that to keep things simple.
Commissions for referrals
Ushare affiliates get a 15% referral commission on the amount of money invested by affiliates they personally recruited.
A reminder that the amount of money invested is used to figure out the amount of money invested.
Commissions that don’t end
For an Ushare affiliate to be eligible for residual commissions, they must have invested and brought in three more affiliate investors.
Ushare pays referral commissions via a unilevel compensation structure.
With a unilevel compensation structure, an affiliate is at the top of a unilevel team, and every other affiliate they personally recruit is right under them (level 1):
If an affiliate on level 1 brings in new affiliates, those new affiliates join the original affiliate’s unilevel team on level 2.
If any level 2 affiliates bring in new affiliates, they move to level 3, and so on until there are no more levels to go down.
Affiliates are paid a share of the amount of money invested by their entire unilevel team.
Rank determines how much of a percentage an Ushare affiliate earns:
Affiliates of Start ranked get a 3% residual commission rate.
Affiliates who are ranked on Pearl get a 5% residual commission rate.
Affiliates who are ranked as Sapphire get a 7% residual commission rate.
Affiliates who are ranked for Ruby earn a 9% residual commission rate.
Affiliates who are ranked Emerald get an 11% rate of residual commission.
Affiliates with the Diamond rank get a 13% rate of residual commission.
Affiliates who are ranked Blue Diamond get a 15% residual commission rate.
Affiliates with a Green Diamond rank earn an 18% residual commission rate.
Purple Affiliates with the Diamond rank earn a 21% residual commission rate.
Affiliates with a Red Diamond ranking get a 25% residual commission rate.
Affiliates who are ranked Black Diamond get a 27% commission rate on their sales.
Double Affiliates who are ranked Black Diamond get a 29% residual commission rate.
Note that these commission rates are coded, which means that 29% of downline volume is always paid out.
Affiliates with ranks lower than Double Black Diamond get paid the residual commission rate for their rank, with the difference between that rate and 29% going upline to affiliates with higher ranks.
For example, a Blue Diamond affiliate gets paid 15% of their residual commission rate. This leaves 14% to pay out (29% – 15%).
The system looks upline for an affiliate with a Green Diamond rank or higher to pay the difference to.
If a Green Diamond is found first, the person who found it gets 3% (18% minus the 15% that was already given out).
The system then looks further upline for Purple Diamond and higher-ranked affiliates to pay the remaining 10% to (29% minus 18% already paid out).
If a Double Black Diamond affiliate is ever found, the full balance of their residual commission is always paid to them.
Bonus for Matching
Ushare gives a Matching Bonus to unilevel team affiliates who earn residual commissions.
On level 1, Sapphires get a 10% match (personally recruited affiliates)
On levels 1 and 2, Rubys get a 10% match, and on level 3, they get a 15% match.
On levels 1 and 2, Emeralds get a 10% match. On level 3, they get 15%, and on level 4, they get 20%.
On levels 1 and 2, diamonds get a 10% match. On level 3, they get 15%. On level 4, they get 20%. On level 5, they get 5%. On level 6, they get 3%. On level 7, they get 2%.
Blue Diamonds get 10% matches on levels 1 and 2, 15% matches on level 3, 20% matches on level 4, 10% matches on levels 5 and 6, 5% matches on level 7, 3% matches on level 8, and 1% matches on level 9.
Green Diamonds and higher get a 10% match on levels 1 and 2, 15% on level 3, 20% on level 4, 10% on level 5, 5% on level 6, 3% on level 7, 2% on level 8, 1% on levels 9 and 10, and 0.5% on level 11.
Rank Achievement Bonus
Ushare gives the following one-time Rank Achievement Bonuses to affiliates who reach the Pearl level or higher:
qualify at Pearl and get €40 EUR in DT Coin qualify at Sapphire and get €100 EUR in DT Coin qualify at Ruby and get €300 EUR in DT Coin qualify at Emerald and get €1000 EUR, 30% of which is paid in DT Coin qualify at Diamond and get €3000 EUR, 30% of which is paid in DT Coin qualify at Blue Diamond and get €5000 EUR, 30% of which is paid in DT Coin qualify at Green Diamond and get €15,000 EUR, 30% of which is paid in DT Coin qualify
Note that Ushare lowers the Rank Achievement Bonus if you live in a region that isn’t their top one.
Fast Start Bonus
Ushare gives affiliates Fast Start Bonuses called Start, Pearl, Ruby, Diamond, and Blue Diamond.
To get the Start Fast Start Bonus, an Ushare affiliate must have signed up within 30 days.
rank at Start, have a downline investment volume of €3,750 EUR, and the total investment in each lower leg must be less than 50% of the total investment in the strongest leg.
Affiliates of Ushare who meet the above requirements can get €500 from the Start Fast Start Bonus.
For the Pearl Fast Start Bonus, an Ushare affiliate must sign up within 60 days of getting the bonus.
rank at Pearl; generate €15,000 EUR in downline investment volume; and the total investment in every lower leg must be less than 50% of the investment in the strongest unilevel leg.
Affiliates of Ushare who meet the above requirements can get €1500 from the Pearl Fast Start Bonus.
To get the Ruby Fast Start Bonus, an Ushare affiliate must have been signed up for the program for at least 90 days.
rank at Ruby; generate €36,500 EUR in downline investment volume; and the total investment in each lower unilevel leg must be less than 50% of the investment in the higher unilevel leg.
To get the Diamond Fast Start Bonus, an Ushare affiliate must have been signed up for 180 days or less.
rank at Diamond, have your downline invest a total of €187,500 EUR, and the total amount invested in each lower unilevel leg must be less than 50% of the amount invested in the higher unilevel leg.
To get the Blue Diamond Fast Start Bonus, an Ushare affiliate must sign up and make their first sale within 270 days.
rank at Blue Diamond, have a downline investment volume of €375,000 EUR, and have the total investment in each lower unilevel leg be less than 50% of the investment in the higher unilevel leg.
Signing up to be a UShare affiliate is free.
To fully take advantage of the attached income opportunity, you must invest at least €100 in DT Coin.
Ushare Bottom Line
Diamond Temple Club was a Ponzi scheme, but it wasn’t very complicated. You can invest up to €100,000 in DT Coin and get paid to find other people to do the same.
From BehindMLM’s 2017 review of Diamond Temple Club;
The value of DTT is set by DT Coin, and at the time of this writing, it is €0.371 EUR.
A person who is a part of DT Coin invests and hopes that DT Coin will raise the value of DTT over time.
When the affiliate is ready to get their money, they send in a withdrawal request, and DT Coin pays them out of the money they have since put in.
DT Coin is a Ponzi scheme because new money is used to pay off old affiliate investors.
After three years, the Diamond Temple Club is no longer around.
There are still people who hold DT Coin bags, and the biggest one is owner Daniele Marinelli (right).
With Ushare, Marinelli has come up with a new way to get new people to buy into the same Ponzi scheme.
The sale of user data is said to bring in money from outside sources.
Naturally, Ushare doesn’t show any proof that it makes money from outside sources.
The company is also not registered with financial regulators, even though it clearly offers a way to invest without doing anything.
As with Diamond Temple Club, Ushare’s Ponzi scheme will fail when it can no longer find new affiliates.
When you invest in Ushare, all you do is buy the bags of investors in Diamond Temple Club. Plus any extra money that Marinelli takes off the top.
Then you take their place as a new person with a DT Coin bag. For you to get your money back, you need to find more victims after you.
Last time, Marinelli didn’t sell all of his DT Coin on public exchanges. This time, it might happen, or it might be a quiet collapse again.
In either case, math shows that most people who invest in a Ponzi scheme will lose money.