Cloud Horizon Review – Legit Crypto MLM in 2019 or Another Scam?
Welcome to my Cloud Horizon Review!
This is one of the latest crypto MLM’s to pop up so I decided to check it out.
Maybe someone approached you about the business opportunity and you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plan.
Just make sure you pay close attention and read this to the end…
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Cloud Horizon Review – The Company
Cloud Horizon is a network marketing company that specializes in the cryptocurrency niche and is incorporated in Cayman Islands.
CEO of the company is no other than Frank Ricketts.
In the past, he was involved with Unaico and SiteTalk.
Once those two companies went under, he robooted the business as The opportunity Network.
In 2016, he sold off the list of investors to OneCoin.
OneCoin took a crap in 2017 and Frank came back at the CEO of AuLives.
Fortunately, AuLives reign was short lived and by November 30th, 2018, Frank registered the Cloud Horizon website domain.
Even though this company is relatively new, apparently it was incorporated in June 2013 in the Cayman Islands.
Right now, Rank Ricketts is working with Nattchaphan Sornsirenan and Staffan Liback.
Both were involved with OneCoin.
Anyway, so far the history of these people are not the best.
They have been involved with ponzi scheme after ponzi scheme.
Cloud Horizon Reviews – The Products
Cloud Horizon doesn’t have any retail products or services, but you can become an affiliate for Cloud Horizon and promote the membership.
Cloud Horizon Compensation Plan
Cloud Horizon members invest in tokens and are converted into Orientum+ (ORTP) tokens.
Investors can exchange ORTP tokens into invested funds through their internal exchange.
Below is the five investment tiers:
- Starter Package – Invest €165 EUR and receive 8500 tokens
- Bronze Package – Invest €500 EUR and receive 26,250 tokens
- Silver Package – Invest €1000 EUR and receive 55,000 tokens
- Gold Package – Invest €2500 EUR and receive 143,750 tokens
- Platinum Package – Invest €5000 EUR and receive 332,500 tokens
Commissions are paid on existing members who sponsor new investors.
Cloud Horizon Ranks
This company has 8 ranks in total.
Below is the complete break down on the qualifications needed to hit them:
- Affiliate – Get started and invest in a Cloud Horizon package
- 1 Star – Sponsor at least two investing Cloud Horizon affiliates and produce at least €10,000 EUR in accumulated downline investment\ volume
- 2 Star – Sponsor and maintain at least two 1 Star affiliates and produceat least €50,000 EUR in accumulated downline investment volume
- 3 Star – Sponsor and maintain at least three 2 Star affiliates and produceat least €250,000 EUR in accumulated downline investment volume
- 4 Star – Sponsor and maintain at least three 3 Star affiliates and produceat least €1,000,000 EUR in accumulated downline investment volume
- 5 Star – Sponsor and maintain at least three 4 Star affiliates and produceat least €2,000,000 EUR in accumulated downline investment volume
- 6 Star – Sponsor and maintain at least three 5 Star affiliates and produceat least €10,000,000 EUR in accumulated downline investment volume
- 7 Star – Sponsor and maintain at least three 6 Star affiliates and produceat least €50,000,000 in downline investment volume
50% of the require investment volume can come from one leg.
Cloud Horizon pays residuals through a unilevel compensation plan which is capped at three levels deep.
Residual qualifications need to be met every 28 days just so you know.
- Produce €0 to €2499 EUR in PGV and get paid residual commissions on level 1 (personally recruited affiliates)
- Produce €2500 to €4999 EUR in PGV and get paid residual commissions on levels 1 and 2
- Produce €5000 EUR or more in PGV and get paid residual commissions across all three available levels
Below is the unilevel compensation plan pay out:
- Level 1 – 12% of generated investment volume in cash and 12% in ORTP tokens
- Level2 and 3 – 8% of generated investment volume in cash and 8% in ORTP
30% ORT Coin must be reinvested.
Cloud Horizon pays affiliates a matching bonus through the same unilevel compensation plan above.
However, it’s ten levels deep instead.
This will depend on your rank:
- 1 Star affiliates receive a 10% match on levels 1 and 2
- 2 Star affiliates receive a 10% match on levels 1 to 4
- 3 Star affiliates receive a 10% match on levels 1 to 4 and 6% on levels 5 and 6
- 4 Star affiliates receive a 10% match on levels 1 to 4 and 6% on levels 5 to 7
- 5 Star affiliates receive a 10% match on levels 1 to 4, 6% on levels 5 to 7 and 4% on level 8
- 6 Star affiliates receive a 10% match on levels 1 to 4, 6% on levels 5 to 7 and 4% on levels 8 and 9
- 7 Star affiliates receive a 10% match on levels 1 to 4, 6% on levels 5 to 7 and 4% on levels 8 to 10
50% of the Matching Bonus is paid out in cash and the rest is in useless ORTP tokens.
Rank Achievement Bonus
You can get can a rank achievement bonus once you are at 2 Star or higher.
Below is the complete breakdown:
- Qualify as a 2 Star and receive 500 ORTP tokens
- Qualify as a 3 Star and receive a “special all-inclusive team building trip” (4 days, 3 nights and valued at €1500 EUR)
- Qualify as a 4 Star and receive an “Apple Workset” valued at €5000 EUR
- Qualify as a 5 Star and receive a “luxury watch” valued at €20,000 EUR
- Qualify as a 6 Star and receive a “luxury watch or a car” valued at €100,000 EUR
- Qualify as a 7 Star and receive a “luxury 3 bedroom marina villa on the tropical island of Koh Chang, Thailand” valued at €900,000 EUR
Cost To Join Cloud Horizon
Cloud Horizon membership is bundled with a €165 to €5000 EUR investment.
- Starter Package – €165 EUR
- Bronze Package – €500 EUR
- Silver Package – €1000 EUR
- Gold Package – €2500 EUR
- Platinum Package – €5000 EUR
Main difference is you can get more ORTP Tokens.
So does the Cloud Horizon scam exist?
Well after looking at everything, this is no different than all the other ponzi schemes I have reviewed in the past.
Investors put money into useless tokens that are not publicly traded.
Then they must reinvest because that’s how the company actually makes money.
There is nothing backing up these tokens.
Please don’t fall for this…
Anyway, I hope you enjoyed my Cloud Horizon review and if you have any questions, feel free to ask in the comments below…
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