Dekado provide no information on their website about who owns or runs the business.
The Dekado website domain (“dekado.io”) was privately registered on September 18th, 2017.
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.
Dekado has no retailable products or services, with affiliates only able to market Dekado affiliate membership itself.
The Dekado Compensation Plan
Dekado affiliates acquire Dekadocoin (DKD) points from Dekado’s anonymous owners.
At the time of this review, DKD points are sold to Dekado affiliates for $15.37 each.
Once acquired, DKD points are “lent” back to Dekado on the promise of a monthly ROI of up to 42%.
- invest $100 to $1000 and receive a monthly ROI for 249 days
- invest $1001 to $5000 and receive a monthly ROI plus bonus 0.11% daily ROI for 249 days
- invest $5001 to $10,000 and receive a monthly ROI plus bonus 0.21% daily ROI for 159 days
- invest $10,001 to $100,000 and receive a monthly ROI plus bonus 0.26% daily ROI for 114 days
Referral commissions are paid out 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.
Using the above unilevel compensation structure, Dekado pay referral commissions on funds invested down ten levels of recruitment:
- level 1 (personally recruited affiliates) – 7%
- level 2 – 3%
- levels 3 and 4 – 1%
- levels 5 to 10 – 0.5%
Note that Dekado charge a 0.0007 BTC fee on all affiliate commission withdrawals.
Dekado affiliate membership is free, however free affiliates can only earn referral commissions.
Full participation in the Dekado MLM opportunity requires a minimum $100 investment in DKD points.
Dekadocoin as a cryptocurrency doesn’t bring anything new to the table. DKD points exist solely to be traded via an internal exchange, which the anonymous Dekado owners operate.
Dekado claim to generate external ROI revenue through us of “price buoyancy software”, or in other words a trading bot.
Through their price buoyancy software bot, Dekado claim they can “guarantee the percentage of returns on your investment”.
No evidence of the price buoyancy software existing or trade revenue used to pay affiliates a ROI is provided.
The only verifiable source of revenue entering Dekado is newly invested funds. Using newly invested funds to pay existing affiliates a ROI makes Dekado a Ponzi scheme.
Lending ICO Ponzis like Dekado play out as follows:
Admins (who are typically anonymous) offload worthless pre-generated points in exchange for real money. In this case it’s DKD points.
The admins then use some of this money to pay promised ROIs for as long as new affiliates sign up.
Once affiliate recruitment dries up so does the ROI reserve.
When a predetermined threshold is reached, the anonymous Dekado admins pull a runner with what’s left.
Early Dekado investors make a bit of money (mostly via recruitment of new investors). But same as any other Ponzi scheme, the reality of such scams is that the majority of participants eventually lose money.