Hedge connect describes itself as ” The world’s first Crypto Hedge Fund, an investment portal for the best ICO and Lending platforms. With HEDGECONNECT, you are one of thousands of small investors who have joined together to earn the top rates and bonuses. A large portfolio of investments creates a lessened risk for you, as your investment is spread across dozens of platforms.”
Hedge Connect did not provide any information on their website about who owns or runs it. The Hedge Connect website domain (“hedgeconnect.co”) was privately registered on November 29th, 2017.
In the Hedge Connect whitepaper, the company claims its “development is in southeast Asia”.
Hedge Connect has no retail-able product or service so affiliates are only able to market Hedge Connect’s affiliate membership.
The Hedge Connect Compensation Plan
Hedge Connect affiliates acquire HC points from Hedge Connect’s anonymous owners in exchange for bitcoin.
Hedge Connect pay referral commissions via a uni-level compensation structure which places an affiliate at the top of a uni-level team, with every personally recruited affiliate placed directly under them.
Hedge Connect affiliate membership is free but free affiliates can only earn referral commissions.
Full participation in the Hedge Connect MLM opportunity requires a minimum $100 investment.
Lending ICO Ponzi Schemes like Hedge Connect unfold thus:
Admins, who are anonymous offload worthless pre-generated points in exchange for real money. In this case it’s HC 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.