SuperOne launched in 2018 as a easy smart-contract Ponzi scheme.
Mentioned Ponzi scheme was run by way of SuperOne tokens (SRX), of which 2 billion had been created out of skinny air.
SuperOne proprietor Andreas Christensen owns half of the 2 billion SuperOne tokens created. For sure he has a vested monetary curiosity in getting the tokens to pump so he can money out.
SuperOne’s unique iteration collapsed shortly after launch. In 2020 the Ponzi scheme was rebooted with a cellular trivia app.
This was primarily an integration of Mowjow, a failed quiz app improvement firm Christensen launched in 2013.
To summarize, the thought was that new trivia app customers would ultimately spend cash, permitting Christensen and the unique SuperOne token bagholders to money out.
That didn’t occur. SuperOne’s reboot was as a lot a failure as the unique smart-contract Ponzi.
Since 2020, SuperOne rode the NFT and metaverse grift trains by integrating each into its Ponzi scheme.
We’ve got launched 150,000 NFTs, which will likely be built-in into the sport and the neighborhood. And now, we’re increase our Fandom Metaverse, the place followers can work together, join, and compete with one another.
The imaginative and prescient is to have a Fan Metaverse the place all of the completely different fan communities can see and go to one another and to assemble as many followers as attainable to assemble a digital metropolis.
The above is quoted from a June 2022 article revealed on SuperOne’s web site.
Quick ahead to 2023 and metaverse and NFT grifts are as useless as a doornail.
As per yet one more reboot in mid Could 2023 (deceivingly being pitched as a “prelaunch”), SuperOne is returning to their failed trivia app roots.
The hope now could be to pump SRX by particularly concentrating on soccer gamers.
The Firm
Again in 2020 SuperOne was integrated as SuperOne Restricted, a UK shell firm.
As of 2023 SuperOne is ready up by way of two layers of shell corporations in Gibraltar; SuperOne Restricted and SuperLabs Restricted;
In fact SuperOne is and at all times has been run by proprietor Andreas Christensen out of Norway:
SuperOne’s Merchandise
SuperOne’s trivia app is free to play with microtransactions.
The newest advertising ruse is tailoring the trivia to sports activities. The concept is that soccer followers will likely be manipulated into considering answering trivia questions and shopping for NFTs equates to supporting their membership.
It needs to be famous that SuperOne has no direct partnerships with any of the gamers or sporting golf equipment of their advertising materials.
Pictures of gamers are purportedly inventory photographs licensed by way of ShutterStock:
That is one thing Andreas Christensen has been doing for over a decade:
SuperOne hopes to recruit new SRX token bagholders by way of Purpose.com, who it claims can present them publicity to “800 million followers”.
In an try and confirm this I ran a seek for “superone” showing on Purpose.com’s web site:
Oddly sufficient after I clicked by way of on any outcomes SuperOne wasn’t talked about on the linked pages. I assume that is simply SuperOne shopping for promoting however I’m undecided.
In any occasion, I’ve reached out to Purpose.com for touch upon SuperOne claiming to be in partnership with them for his or her newest Ponzi reboot. I’ll report again if I get a response.
Further people SuperOne claims to have partnered with embody Jeff Burton, John Wright and John Arne Riise.
SuperOne’s Compensation Plan
SuperOne’s second reboot sees them cut back funding from $100 to $100,000 to $10 to $25,000.
- Entry – make investments $10 and obtain 100 SRX
- Bronze – make investments $50 and obtain 500 SRX
- Silver – make investments $250 and obtain 2500 SRX
- Gold – make investments $500 and obtain 6000 SRX
- Platinum – make investments $5000 and obtain 65,000 SRX
- Diamond – make investments $25,000 and obtain 350,000 SRX
So far as SRX tokens go, it’s the identical play. Onboard new bagholders within the hopes of producing sufficient funding such that Christensen and earlier SRX bagholders can money out.
There’s additionally “participant tokens”, “pool tokens” and NFT positions, which as I perceive it are every hooked up to smaller passive ROI streams (recycling invested funds a technique or one other).
Tower NFT positions, for instance, look like hooked up to a “staking” Ponzi mannequin:
The MLM aspect of SuperOne pays on recruitment of affiliate traders.
Incomes Restrictions
SuperOne restricts earnings based mostly on how a lot an affiliate has invested:
- Entry tier associates can earn as much as $100
- Bronze tier associates can earn as much as $500
- Silver tier associates can earn as much as $2500
- Gold tier associates and better don’t have an incomes cap
Though not explicitly clarified, I imagine SuperOne’s incomes caps are day by day.
Referral Commissions
SuperOne associates obtain a ten% referral fee on funding by personally recruited associates.
Residual Commissions
SuperOne pays residual commissions through a binary compensation construction.
I wasn’t capable of suss out particular percentages and what now as a result of SuperOne hides that data from customers.
Again in 2020 SuperOne’s residual commissions paid 10% on new weaker binary group aspect funding. I don’t think about that may have modified an excessive amount of, if in any respect.
SuperOne’s advertising additionally references a “double binary”. No concept what that’s about as once more the data is hidden from customers.
Becoming a member of SuperOne
SuperOne affiliate membership is prices between $10 to $25,000.
The extra a SuperOne affiliate spends on membership the upper their earnings potential.
SuperOne Conclusion
You’d assume after ten years Andreas Christensen would surrender on beating a useless horse. But right here we’re.
Trivia apps are a dime a dozen and all SuperOne has going for it’s its SRX token. One might argue given the bagholder baggage over 4 years, SRX is definitely a detriment to the chance.
Backside line is if you wish to play sports activities trivia, even crypto sports activities trivia, there are already a bajillion choices. With that in thoughts, SuperOne’s app is more likely to stay in the identical failed state as when it first launched in 2020.
That leaves us with a gutted MLM compensation plan (that’s principally hidden from customers), and a bunch of bagholders nonetheless unable to money out.
SuperOne’s Could 2023 “prelaunch” would possibly lure some new suckers in, however that’s not going to final as soon as they cease pretending remodelling their trivia app round soccer is a brand new launch.
On the regulatory entrance SuperOne stays unregistered to supply securities in any jurisdiction.
Norway does have an lively monetary regulator within the Monetary Supervisory Authority of Norway (Finanstilsynet).
Finanstilsynet have been identified to go after MLM pyramid and Ponzi schemes actively concentrating on Norway over time – so it’s a bit unusual they haven’t gone after SuperOne and Christensen but.
I’m placing that all the way down to SuperOne principally going nowhere and not likely ever being lively in Norway. And definitely Norway’s inaction up to now doesn’t detract from SuperOne committing securities fraud and working illegally.
As with SuperOne’s first two iterations, the one verifiable income coming into the scheme is new funding.
Recycling newly invested funds to fund “passive earnings streams” paid to current associates makes SuperOne a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve SuperOne of ROI income, ultimately prompting a collapse.
The mathematics behind MLM Ponzi schemes ensures that once they collapse, nearly all of contributors lose cash.
