What Is Riseoo? It’s an Ecommerce Crypto Ponzi Scheme Reboot!

Riseoo markets themselves as a new age affiliate marketing MLM company that also works with cryptocurrency. The company lists two corporate offices on their website: one in Dubai and one in India. The Dubai address is incomplete, so it might be a virtual office. 

Meanwhile, the Indian address is in Uttar Pradesh. The company is owned and founded by Vaibhav and Kshitij Adhlakha. Vaibhav is the current CEO and Kshitij is the COO. 

Their corporate bio mentions that they are “accomplished industry experts” and that they have more than a decade of strong entrepreneurial experience from multiple industries. 

All buzz words if you ask me. 

They came up with QuickX, a Blockchain technology that performs transactions off the chain for the same Blockchain assets and uses pooling facilitators to supply cross-chain transfers. 

In other words, QuickX is their shitcoin which is attached to their Crypto Advice Ponzi Scheme. 

Crypto Advice is a company headed by Jordan Lucas, who appears to be nothing more than a paid actor at this point. We believe the Adlahka brothers are behind this scam too. 

Crypto Advice launched in 2018 and the scheme collapsed in 2019. Their victims were left with bags of useless QCX tokens.

Riseoo Product Line

Riseoo offers no retail products or services, so being a MLM company, this is a violation of FTC and similar agency guidelines for MLM company operations. 

They only have their members investing into the income opportunity.

Does The Product Work?

Riseoo followed right after the collapse of Crypto Advice in an effort to get more value going into QuickX. 

This move primarily benefited the Adhlakha brothers because they just want to make more money out of their members. 

Their main ruse is through their ecommerce platform called Eazme. This is supposed to be a cashback platform but with only white-labeled nutritional supplements. 

Eazme is also pitched as a crypto-friendly market but it’s not even remotely close to having to do with cryptocurrency.  

The Eazme ruse from Riseoo falls apart when you think about how people are not paying for cash back features. If you look at the legitimate cashback platforms, you’ll see that they’re free to use and that you just have to follow their requirements. 

While Eazme’s membership is $0, it’s not exactly being directly advertised as such. Rather, the membership comes with the bundled investment packages they have for Riseoo.

Ultimately, you sign up, pay Riseoo for the investment fees, and get paid for recruiting people to do the same thing you did. 

The investments are paid out in QCX tokens, of course, which is completely BS and has no value outside of Riseoo.

There’s only one way to make money from Riseoo and that’s through recruitment. 

How To Get Started with Riseoo?

Riseoo’s membership costs you $29.99 plus the purchase of a package:

Starter Package – $200

Professional Package – $400

Premium Package – $700 ($29.95 affiliate fee waived)

You get charged an annual membership fee of $19.99 after the first year. 

As expected, the more money you spend on the packages, the more money you make. 

Riseoo Compensation Plan

Commissions are paid out when members purchase any of the three packages mentioned above. 

Your commissions are paid out in USDT and INR (Indian Rupee). 

Members can withdraw a minimum of 25USDT from a respective Riseoo wallet and Indian members get INR 1750 for withdrawal minimum.

MLM Commission Qualification

Riseoo members need to generate 50 PV a month in order to qualify for commissions. PV stands for personal volume and is used to keep track of your sales to members and your own spend. 

Recruitment Commissions

Riseoo members earn 5% to 25% on package fees paid by their recruited members. This isn’t exactly clarified in their website.

It looks like it’s 5% for the Starter Pack and 25% for the Premium Package. 

Top-Up Bonus

Riseoo’s Top-Up Bonus looks a lot like a one-level residual recruitment commission. You earn this bonus on all packages and products sold based on total PV. 

Riseoo’s Top-Up Bonus sounds like a one-level residual recruitment commission.

The referral bonus is paid out on a BV or Bonus Volume on direct referrals. There’s a 5% Top-Up Bonus if they generate and maintain 750 PV a month. 

Residual Commissions

Riseoo pays out residual commissions following a binary compensation structure. Riseoo tallies up sales volumes from both sides of the binary team and is tracked as BV. BV is 70% of the volume created by payment of Riseoo membership fees. 15% of the Eazme membership fee volume and cashback collected by Riseoo is paid into the Binary team.

#1 Ponzi Scheme!

Riseoo is a Ponzi scheme, and there’s no denying that. They’re hiding behind their ecommerce and cashback platform, which is nothing more than just a pseudo-compliance to make the FTC or regulatory agency think that they have a service to offer. 

Recruitment is the name of the game here, so there’s no way for you to make money if you don’t recruit people. 

#2 Worthless Shitcoin!

They have this shitcoin that’s practically worthless because it’s just used to take away the funds of their members and make them think they have a chance of making a lot of money from “cryptocurrency investment”. 

The value of their coin is arbitrarily decided by the founders and management of the company. They can make it go up and go down if they feel like. 

This coin is here as part of their exit strategy. They will restrict withdrawals once they don’t have any money to generate from members and they will lock out these members from their accounts.

Riseoo is a Ponzi scheme so there’s just nothing to like about this company. 

Riseoo is nothing more than a Ponzi scheme, and a rebooted one at that. There’s nothing of value to be had here because they don’t have anything to offer. 

Their platform is a ruse to make people think they have a product or service to offer, but they get undone by their own claims. 

With that said, Riseoo is bound to fail sometime in the future and we’re going to see another reboot very soon.

I'm not a fan of MLM, not because it's illegal or not profitable, but because of all the restrictions and the expensive costs involved.

Instead, Affiliate Marketing is my top recommended business model for anyone to make money online.

The reason is simple...

• You don't have to recruit anyone to make money
• You have the freedom to promote any products you want and not being restricted to only promote the products from one MLM company
• It's Free to get started

In fact, with affiliate marketing...