Givas Review: Crowdfunding ruse matrix cycler
Givas Review: Crowdfunding ruse matrix cycler
Givas fails to provide ownership or executive information on its website.
Givas’ website domain (“givas.org”), was privately registered on December 12th, 2024.
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.
Givas has no retailable products or services.
Promoters are only able to market Givas promoter membership itself.
Newly recruited Givas pay $10 to enter a six-tier 3×2 and 3×3 matrix cycler.
A 3×2 matrix places a Givas promoter at the top of a matrix, with three positions directly under them:
The second level of the matrix is generated by splitting these first three positions into another three positions each.
A 3×3 matrix adds a third level to the matrix, housing an additional twenty-seven positions.
This results in a total of twelve or thirty-nine fillable positions in each matrix. Positions are filled via $10 payments made by directly and indirectly recruited Givas promoters.
Once all twelve positions are filled, a “cycle” is triggered. This results in a payment and “cycling” into the next matrix tier.
Cycle payments across all six tiers of Givas’ cycler are as follows:
Givas promoter membership is tied to a $10 cycler entry fee.
Givas solicits cycler payments in various cryptocurrencies.
Givas combines gifting payments with pyramid recruitment. Both are fraudulent business models illegal around the world.
The ruse Givas trots out to justify fraud is “crowdfunding” tied to purported charitable projects.
There is no verifiable evidence Givas generates any funding for any charitable projects. In reality, funds set aside at each tier are likely admin fees kept by Givas’ anonymous owner.
This is important to nose because collected admin fees on each tier are substantial:
That’s also on top of preloaded admin positions, through which Givas’ anonymous owner hoovers up the majority of cycler payments at the upper cycler tiers.
Early joiners and heavy recruiters steal what’s left, with the majority of participants taking a loss when Givas inevitably collapses.
This article is references mateial is originally reported by Behindmlm.com
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