Beware of Global NFT Group – Review

The Global NFT Group Community works in the MLM niche of cryptocurrency.

The company is also known as GNG, and it looks like it is based in Malaysia.

On the business side, Global NFT Group is set up as a Curacao shell company called “Global NFT Group B.V.”

Tony Berntsen, Tony Sandberg, and Saima Chaudhry are in charge of Global NFT Group.

Tony Berntsen is a Dutch citizen whom BehindMLM found in 2017. Berntsen was the CEO of First United Capital Group, which was said to be the company that ran the pyramid scheme EarlyBird Academy.

Both First United Capital Group and EarlyBird started out as Curacao shell companies and are still doing so.

A website is still up for First United Capital Group. Still, Tony Berntsen is called the CEO.

First United Capital Group’s COO is Tony Sandberg. Saima Chaudhry is in charge of its business.

Based on what their social media profiles say:

Curacao is where Tony Berntsen lives and works.
Norway is home to Tony Sandberg.
Saima Chaudhry is based in the UK. First United Capital Group is called “the Next Generation Global Investment Company” because it connects people, money, and great ideas and products.

Even though Global NFT Group’s websites don’t talk about First United Capital Group, it seems to be another project from the group.

Global NFT Group is known to work in two areas:

gng.community” will be registered privately on November 29, 2022, and “gng.token” will be registered privately on November 23, 2022.
Read on for a full review of the MLM opportunity offered by Global NFT Group.

The goods made by Global NFT Group
Global NFT Group has no goods or services that can be sold.

Affiliates can only market themselves as members of Global NFT Group.

The pay plan for Global NFT Group
Affiliates of Global NFT Group put money into GNG tokens.

If you spend $50, you’ll get 500 GNG tokens.
If you spend $100, you’ll get 1,000 GNG tokens.
$250 will get you 2500 GNG tokens.
$500 will get you 5,000 GNG tokens.
If you spend $1,000, you’ll get 10,000 GNG tokens.
Put in $2,000 and you’ll get 20,000 GNG tokens.
By doing the math backwards, we get an initial GNG token value of 10 cents.

Affiliates of Global NFT Group buy GNG tokens because they expect to get “dividend” returns:

Global NFT Group says that it will have paid out 6.41 cents per GNG token by the end of 2023.

The MLM part of Global NFT Group makes money when affiliate investors are brought in.

Commissions for referrals
Affiliates of Global NFT Group get 10% of the funds invested by people they refer.

Global Residual Commissions NFT Group pays residual commissions via a 2×12 matrix.

In a 212 matrix, a Global NFT Group affiliate is at the top, followed by two other positions:

The first level of the matrix is made up of these two spots. The second level of the matrix is made by dividing each of the first two positions into two more (4 positions).

The third through twelfth levels of the matrix are made the same way, with each new level having twice as many positions as the one before it.

Global NFT Group affiliates are hired to fill positions in the matrix in both direct and indirect ways.

Residual commissions are paid as a share of the money that these new affiliates invest.

Global NFT Group puts a limit on how much an affiliate can earn on each matrix level based on how much they’ve put in:

Affiliates in the $50 tier get $1 for each position they fill on the first and second levels of their matrix, $2 on the third level, and $3 on the fourth and fifth levels.
Affiliates in the $100 tier earn $2 for each position they fill on the first and second levels of their matrix, $4 on the third level, $6 on the fourth and fifth levels, and $1 on the sixth level.
Affiliates in the $250 tier earn $5 per position filled on their first and second matrix levels, $10 on their third level, $15 on their fourth and fifth levels, $2 on their sixth level, and $1 on their seventh level.
No information was given about the rates of residual commission for the $500, $1,000, and $2,000 tiers. The pattern, on the other hand, is that commission rates go up as an affiliate invests more money, and more matrix levels pay out.

At the $2000 investment level, there are a maximum of twelve matrix levels.

Affiliates of the Global NFT Group are encouraged to invest at each tier to open up more levels of the matrix. These investments are paid for with earnings from lower tiers.

Because of this, I think that each level of investment might have its own matrix. In practice, this would mean that there would be six different matrices, one for each of the six investment tiers, and each would have a different commission rate.

If that’s the case, it’s likely that investing at higher tiers automatically opens up matrices and commissions at lower tiers.

For example, if a $1000 tier affiliate brings in a $50 tier affiliate, they still only get paid up to five levels through the $50 tier commissions listed above.

Joining the NFT Global Group
Affiliate membership in the Global NFT Group seems to be free.

To fully take part in the attached income opportunity, you must invest at least $50.

Global NFT Group is looking for people to invest in tether (USDT), bitcoin (BTC), and ethereum (ETH) (ETH).

Conclusion of the Global NFT Group
Global NFT Group is just another MLM crypto Ponzi scheme that uses NFT marketing as a cover.

We’ve combined our own brand-building NFT with Community Marketing, a lucrative Community Bonus plan, and a Dividend Token (GNG Token) to make the first investment and income opportunity of its kind that is both explosive and unique.

The Global NFT group could have put any cartoon animal on their NFTs and it wouldn’t have mattered.

Affiliates only buy GNG tokens because they promise returns, which Global NFT Group confirms are paid out of the money invested:

Global NFT Group is a Ponzi scheme because of this. The MLM part of Global NFT Group is also a pyramid scheme because it doesn’t sell or market anything to retail customers.

Kari Wahlroos is a serial Ponzi promoter, which is the kind of marketer that Global NFT Group’s shady business model attracts.

Wahlroos was one of the top earners in the infamous OneCoin Ponzi scheme. As of early December 2021, he was planning to start his own Twitter-like site.

Freedom Token, which was tied to “Freedom Republic,” was the real scam behind the project.

In the space of a month, Freedom Republic was thrown out and Global NFT Group was put in its place.

Back to Global NFT Group, here are some other interesting things to note that don’t need to be explained:

Curacao, a Dutch island in the Caribbean, is known as a tax haven that doesn’t regulate securities fraud. The GNG token is an ERC-20 token that can be set up in a few minutes for little or no cost. The Global NFT Group uses the GNG token to steer investors toward other investments that might be scams (see below)
You will be invited to our monthly investment webinars starting in the second quarter of 2023. Where we’ll talk about the investments GNG will make and how you can invest with us and use our business plans and research. This is also free for EVERYONE in GNG who has a token.

As with all MLM Ponzi schemes, new money will stop coming in once affiliate recruitment stops.

This will stop Global NFT Group from getting ROI money, which will eventually cause it to fail.

The math behind Ponzi schemes makes it clear that most people will lose money when they fail.

The most likely way for Global NFT Group to fail is for GNG tokens to be dumped on public exchanges or for withdrawals to be switched to GNG.

Either of these situations means that more money is being taken out than is being put in, which means that most investors will end up with another worthless Ponzi token.

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