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Ushare Review: DT Coin Ponzi points reboot scheme

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

Ushare’s website domain “ushare.marketing” was first registered in February 2020. The private registration was last updated in February 2021.

Even though Ushare’s website defaults to English, there is still Italian language elements on the homepage.

Ushare’s official Facebook page is also branded “Ushare Italia”.

What caught my eye was mention of DT Coin on Ushare’s website:

The name rang a bell so I ran a search on BehindMLM’s archives. DT Coin was part of the Diamond Temple Coin Ponzi scheme.

Diamond Temple Coin was launched in 2017 by Daniele Marinelli, then a resident of Rome, Italy.

A quick search and I was able to confirm Marinelli is behind Ushare:

Marinelli’s company DT Circle appears to tie Ushare and DT Coin together.

Ushare’s March 2020 launch appears to have been an attempt to cash in on the then emerging COVID-19 pandemic:

Read on for a full review of Ushare’s MLM opportunity.

Ushare’s Products

Ushare’s website details a “blockchain phone”.

The new generation smartphone with blockchain technology can now be booked for only €1190 instead of €2099, offering you the possibility to manage your data and be part of the certification system of an entire community, receiving economic benefits and advantages not only from your data, but from those of an entire growing community.

Beyond pricing and the vague marketing pitch, no further information is provided.

Compensation plan analysis below also reveals the phone doesn’t appear to have anything to do with Ushare’s MLM opportunity.

Ushare’s Compensation Plan

Ushare affiliates invest in DT Coins on the expectation of a passive return:

  • Ucard 100 – invest €100 EUR and receive 15 DT Coin
  • Ucard 500 – invest €500 EUR and receive 78 DT Coin
  • Ucard 1500 – invest €1500 EUR and receive 234 DT Coin
  • Ucard 2000 – invest €2000 EUR and receive 312 DT Coin
  • Ucard 6000 – invest €6000 EUR and receive 937 DT Coin
  • Ucard 12,000 – invest €12,000 EUR and receive 1875 DT Coin

Ushare sets the internal value of DT Coin, allowing affiliates to cash out more than they invested via an internal exchange.

Note that this manipulation of DT Coin’s internal value might see DT Coin investment amounts above subject to change.

The MLM side of Ushare pays on recruitment of new affiliate investors.

The majority of commissions and bonuses Ushare pay out are tied to investment volume.

Investment volume is calculated as 80% of actual funds invested.

Note that UShare affiliates are only paid 70% of earned commissions. The remaining 30% is paid in DT Coin.

Ushare Affiliate Ranks

There are twelve affiliate ranks within Ushare’s compensation plan.

Along with their respective qualification criteria, they are as follows:

  • Affiliate – sign up as a Ushare affiliate and invest
  • Start – recruit three Affiliates and convince other to invest €1250 EUR
  • Pearl – recruit and maintain one Start ranked affiliate and convince others to invest €6250 EUR
  • Sapphire – maintain one Start ranked affiliate and convince others to invest €18,750 EUR
  • Ruby – recruit and maintain three Start ranked affiliates and convince others to invest €37,500 EUR
  • Emerald – have two Pearl ranked affiliates in two downline legs (one in each) and a Sapphire in another leg, and convince others to invest €75,000 EUR
  • Diamond – have two Sapphire ranked affiliates in two downline legs (one in each) and a Ruby in another leg, and convince others to invest €187,500 EUR
  • Blue Diamond – have to Emerald ranked affiliates in two downline legs (one in each) and a Diamond in another leg, and convince others to invest €375,000 EUR
  • Green Diamond – have three Diamond ranked affiliates in three downline legs (one in each), and convince others to invest €937,500 EUR
  • Purple Diamond – have two Diamond ranked affiliates in two downline legs (one in each) and one Blue Diamond in another leg, and convince others 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 convince others 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 convince others to invest €18,750,000 EUR
  • Double Black Diamond – have three Red Diamond ranked affiliates in three downline legs (one in each), and convince others to invest €43,750,000 EUR

Required downline investment is accumulated and not subject to a time limit.

Note that for Emerald and Diamond, no more than 50% of required downline investment can come from any one recruitment leg.

Also note that Ushare manipulate required downline investment amounts based on geography.

Most western countries fall in this bracket so I’ve just gone with that for simplicity.

Referral Commissions

Ushare affiliates earn a 15% referral commission on investment volume generated by personally recruited affiliates.

A reminder that investment volume is calculated at a rate of 80% of actual funds invested.

Residual Commissions

To qualify for residual commissions, a Ushare affiliate must have invested and recruited three affiliate investors.

Ushare pays referral commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Affiliates are paid a percentage of investment volume generated across their unilevel team.

How much of a percentage a Ushare affiliate earns is determined by rank:

  • Start ranked affiliates earn a 3% residual commission rate
  • Pearl ranked affiliates earn a 5% residual commission rate
  • Sapphire ranked affiliates earn a 7% residual commission rate
  • Ruby ranked affiliates earn a 9% residual commission rate
  • Emerald ranked affiliates earn an 11% residual commission rate
  • Diamond ranked affiliates earn a 13% residual commission rate
  • Blue Diamond ranked affiliates earn a 15% residual commission rate
  • Green Diamond ranked affiliates earn an 18% residual commission rate
  • Purple Diamond ranked affiliates earn a 21% residual commission rate
  • Red Diamond ranked affiliates earn a 25% residual commission rate
  • Black Diamond ranked affiliates earn a 27% residual commission rate
  • Double Black Diamond ranked affiliates earn a 29% residual commission rate

Note that these commission rates are coded, meaning 29% is always paid out on downline volume.

Affiliates ranked lower than Double Black Diamond are paid their rank applicable residual commission rate, with the difference between that and 29% passed upline to higher ranked affiliates.

E.g. a Blue Diamond affiliate is paid their 15% residual commission rate, leaving 14% still to pay out (29% minus 15%).

The system searches upline for a Green Diamond or higher ranked affiliate to pay the difference out to.

If a Green Diamond is found first, they are paid 3% (18% minus 15% already paid out).

The system then searches further upline for Purple Diamond and higher ranked affiliates to pay the remaining 10% out to (29% minus 18% paid out).

If at any time a Double Black Diamond affiliate is found, they are always paid the full outstanding residual commission balance.

Matching Bonus

Ushare pays a Matching Bonus on residual commissions earned by unilevel team affiliates.

  • Sapphires earn a 10% match on level 1 (personally recruited affiliates)
  • Rubys earn a 10% match on levels 1 and 2 and 15% on level 3
  • Emeralds earn a 10% match on levels 1 and 2, 15% on level 3 and 20% on level 4
  • Diamonds earn 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 and 2% on level 8
  • Blue Diamonds earn 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 and 1% on level 9
  • Green Diamonds and higher earn 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 rewards affiliates for qualifying at Pearl and higher with the following one-time Rank Achievement Bonuses:

  • qualify at Pearl and receive €40 EUR in DT Coin
  • qualify at Sapphire and receive €100 EUR in DT Coin
  • qualify at Ruby and receive €300 EUR in DT Coin
  • qualify at Emerald and receive €1000 EUR, 30% of which is paid in DT Coin
  • qualify at Diamond and receive €3000 EUR, 30% of which is paid in DT Coin
  • qualify at Blue Diamond and receive €5000 EUR, 30% of which is paid in DT Coin
  • qualify at Green Diamond and receive €15,000 EUR, 30% of which is paid in DT Coin
  • qualify at Purple Diamond and receive €65,000 EUR, 30% of which is paid in DT Coin
  • qualify at Red Diamond and receive €125,000 EUR, 30% of which is paid in DT Coin
  • qualify at Black Diamond and receive €300,000 EUR, 30% of which is paid in DT Coin
  • qualify at Double Black Diamond and receive €1,000,000 EUR, 30% of which is paid in DT Coin

Note that Ushare reduce the Rank Achievement Bonus if you live outside their top geographical bracket.

Fast Start Bonus

Ushare offers affiliates Start, Pearl, Ruby, Diamond and Blue Diamond Fast Start Bonuses.

To qualify for the Start Fast Start Bonus, within 30 days of signing up a Ushare affiliate must

  1. rank at Start;
  2. generate €3750 EUR in downline investment volume; and
  3. the sum of investment in every lesser leg must be less than 50% of investment in the strongest unilevel leg.

The Start Fast Start Bonus rewards Ushare affiliates with €500 EUR if they meet the above qualification criteria.

To qualify for the Pearl Fast Start Bonus, within 60 days of signing up a Ushare affiliate must

  1. rank at Pearl;
  2. generate €15,000 EUR in downline investment volume; and
  3. the sum of investment in every lesser leg must be less than 50% of investment in the strongest unilevel leg.

The Pearl Fast Start Bonus rewards Ushare affiliates with €1500 EUR if they meet the above qualification criteria.

To qualify for the Ruby Fast Start Bonus, within 90 days of signing up a Ushare affiliate must

  1. rank at Ruby;
  2. generate €36,500 EUR in downline investment volume; and
  3. the sum investment in every lesser leg must be less than 50% of investment in the stronger unilevel leg.

To qualify for the Diamond Fast Start Bonus, within 180 days of signing up a Ushare affiliate must

  1. rank at Diamond;
  2. generate €187,500 EUR in downline investment volume; and
  3. the sum investment in every lesser leg must be less than 50% of investment in the stronger unilevel leg.

To qualify for the Blue Diamond Fast Start Bonus, within 270 days of signing up a Ushare affiliate must

  1. rank at Blue Diamond;
  2. generate €375,000 EUR in downline investment volume; and
  3. the sum investment in every lesser leg must be less than 50% of investment in the stronger unilevel leg.

Joining UShare

UShare affiliate membership is free.

Full participation in the attached income opportunity however requires a minimum €100 EUR investment in DT Coin.

Conclusion

Diamond Temple Club was a simple enough Ponzi scheme. Invest up to €100,000 EUR in DT Coin and get paid to recruit others who do the same.

This is from BehindMLM’s 2017 Diamond Temple Club review;

DT Coin themselves set the value of DTT, which at the time of publication is €0.371 EUR.

A DT Coin affiliate invests and expects DT Coin to raise the internal value of DTT over time.

When they’re ready the affiliate puts in a withdrawal request, which DT Coin pays with subsequently invested funds.

The use of newly invested funds to pay off existing affiliate investors makes DT Coin a Ponzi scheme.

Fast forward three years and Diamond Temple Club has long since collapsed.

DT Coin bagholders are still around though, the biggest of which is owner Daniele Marinelli (right).

With Ushare, Marinelli has come up with a new ruse to sell the same Ponzi scheme to new bagholders.

Supposedly external revenue is generating via the sale of user data.

Naturally Ushare fails to provide evidence of any external revenue generation.

Nor is the company registered with financial regulators, despite clearly offering a passive investment opportunity.

As with Diamond Temple Club, when Ushare affiliate recruitment dries up once again the Ponzi scheme will collapse.

By investing in Ushare, all you’re doing is buying the bags of Diamond Temple Club investors. Plus whatever Marinelli skims off the top.

You then take their place as a new DT Coin bagholder. You recouping your investment relies on new victims being recruited after you.

Last time around Marinelli didn’t dump DT Coin on public exchanges. Maybe that’ll happen this time, or maybe it’ll be another quiet collapse.

Either way, math guarantees the majority of investors in a Ponzi scheme lose money.

The Blogger Scientist is a "Medical Physiologist" and a "Financial Asset" Content Creator who aims at enlightening web reader on varying Financial Assets such as Stocks, FX, Crypto, MLM,. HYIP among others.

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