What Is Adasa Group – Crypto Profits Or Big Scam?
Welcome to this brief review of Adasa Group. You’re here because you’re wondering, “What Is Adasa Group?” What people want to know is, “Can you make money with Adasa Group?” Well, things don’t look promising from the start.
The official website of the Adasa Group offers no information regarding the company’s management or owners. That’s not a good sign! The website contains almost nothing of value. It’s more of a simple affiliate login web page than a website.
What Is Adasa Group – Who Is The Owner?
Their marketing material claims that someone named “Elizabet” (not Elizabeth) is the company’s CEO. One of Adasa Group’s marketing videos does have “Elizabet” in it, and we don’t know her last name. However, no website has any information regarding her history or career. “Elizabet” speaks in Spanish throughout the video. The company’s website also shows Spanish content by default.
Analyzing the Alexa statistics for the website reveals that visitors from Mexico, Peru, and Uruguay account for most of the website’s traffic, at 56%, 27%, and 10%, respectively. Since Spanish is used as the official language in all three countries, it’s safe to assume that Adasa Group is based in one of these three countries. The website domain ‘adasagroup.net’ has also been privately registered, shielding all details from members of the public.
The registration was done on March 21, 2020. If you find an MLM company that’s not transparent about its owners or management, you should be very careful about entering into any working relationship with it. You would not want to hand over money to a business that hides its owners.
Adasa Group Update 2024
As of this update in September 2024, the Adasa Group website Adasagroup.net is no longer in service. This is further evidence that most cryptocurrency multi-level marketing websites are money-making scams targeting inexperienced and gullible people. Basically, what these scammers do is create a fraudulent cryptocurrency Ponzi scheme, fleece unsuspecting people out of their hard-earned money, then right before the regulatory authorities catch on to what is going on, they shut down and run off with the money they’ve stolen. Reading the rest of this review will help you understand what warning signs to look out for so you won’t fall victim to other online scams in the future.
Adasa Group’s Products
The company offers no services or retail products. Affiliates can only market the company’s affiliate membership schemes to others. If a company’s only source of revenue is money from new affiliate sign-ups, that’s a huge red flag!
Adasa Group’s Compensation Plan
Affiliates can invest BTC in the company, which promises them a 1% daily ROI. The company offers the following plans, which can be accessed by investing a specified amount in BTC.
- Pack 50 – Invest $50 in BTC
- Purchase Pack 100 – Invest $100 in BTC
- Pack 200 – Invest $200 in BTC
- Purchase Pack 500 – Invest $500 in BTC
- Pack 1000 – Invest $1000 in BTC
- Pack 5000 – Invest $5000 in BTC
- Purchase Pack 10,000 – Invest $10,000 in BTC
The company’s investment contracts do not have any term limits in them.
Referral Commissions And Joining Adasa Group
Referral commissions are paid using a uni-level compensation structure. Uni-level compensation plans have the affiliate seated at the apex of a uni-level team—every affiliate they’ve personally sponsored into the company from the first level (Level 1).
When Level 1 affiliates bring in new affiliates, they form the uni-level team’s second level (Level 2). When Level 2 affiliates bring in new affiliates, they form the uni-level team’s third level (Level 3). This can be carried on for five levels at Adasa Group, after which the team gets capped. You can earn referral commissions based on the total value of BTC invested by all members of your uni-level team:
- 5% for Level 1 affiliates
- 2% for Level 2 affiliates
- 1% for Level 3, 4, and 5 affiliates
The compensation page of the company states that they pay an extra 7% for every $100K of investments billed. This is similar to a downline investment bonus. The criteria used for measuring the $100K remains unclear. Regarding joining Adasa Group, you can join the Adasa Group’s affiliate membership program for free. However, access to the income opportunity offered by the company requires a minimum investment of $50 in BTC.
Is Adasa Group A Scam Or Legit?
This company is a typical MLM crypto Ponzi scheme, targeting Spanish investors in South and Central America. Adasa Group claims that it uses crypto trading to generate revenues. However, we’ve all seen this excuse thrown around too many times.
These scams always use the latest buzzwords to enhance credibility and trick unsuspecting people into signing up based on a ridiculous ROI (Return On Investment). Adasa Group doesn’t appear to have any registration to offer securities, either. They are an unregulated so-called investment group that allows them to abuse or ignore government regulations regarding securities fraud.
This Group Appears To Be Engaging In Securities Fraud
So far as I can tell, new investments are how they earn money. If they’re using new investments to pay off older customers, it’s a simple Ponzi scheme. Once this company’s affiliate recruitment drive dries up, it will collapse and vanish into thin air, with the owners pocketing a nice sum while the investors are left high, dry, and broke.
You get the message. Stay away, far away from the Adasa Group. However, there’s one issue I need to address. You’re reading this post because you’re trying to find a way to make money online. The problem is this: SCAM programs like Adasa Group saturate the internet. These scammers take advantage of people they know are too lazy or too reluctant to do the work necessary to create a five, six, or seven-figure income. Adasa Group is similar to other scam platforms I’ve reviewed on this blog, such as:
Here is an indisputable fact: If you want to make a life-changing income that can provide you with a dynamic life filled with beautiful choices, you will have to learn how to leverage the power of the internet. You cannot rely on shady, unregulated investment Ponzi schemes to help you provide money for your future. Scammers don’t care about you, your family, or your feelings – they want to steal as much money as possible, close up shop, and move on to the next scam!
Warning: The RED Flags of Cryptocurrency Schemes and Scams Online
It would help if you watched out for these things with cryptocurrency multi-level marketing companies, such as Adasa Group, as they are red flags.
- The Company Does NOT Offer a FREE Trial
This is a big one to look out for. Most information products are worthless, and if you could jump directly into those products and “try them out” before investing in them, you would never invest in low-quality substances. That is why they hide behind a payment. If their information is so good, should they not prove it by giving you a taste?
Did Adasa Group MLM Offer a Free Trial? NO
2. Companies That Don’t Clearly Outline Pricing
If you go to a sales page for a product and the price is not clearly disclosed, you will likely get “duped.” Any legitimate company will offer clarity on pricing and have a pricing page on their website. MANY companies in this industry hide their pricing; it is unethical and will almost certainly scam you. Also, if the company charges hundreds or even thousands of dollars for their products or for joining their business “opportunity,” it should be of concern.
Did Adasa Group Outline Clear Pricing? NO
3. MLM Companies That Use Video Sales Pages / Squeeze Pages
If you visit a “sales page” and the only thing you see is a load of hype, this will almost certainly be an expensive, overpriced scam. This marketing tactic is used to HIDE pricing and hide the product itself. They typically ask for your email or a small payment, and then you will be put through an extensive and expensive sales funnel.
Did Adasa Group MLM Use a Video page for their opportunity? YES
4. Companies That Don’t Have a High TrustPilot Rating
Trustpilot is where you should get genuine consumer reviews about products/services you plan on buying. If a company doesn’t exist on this website or has a rating lower than 4.5 out of 5 stars, you may not want to get involved with the company at all. Consider companies, businesses, and platforms with GREAT Trustpilot ratings and minimize the prospect of getting scammed and losing hundreds, if not thousands, of dollars.
Does Adasa Group Have a High TrustPilot Rating? NO
5. Multi-Level Marketing Companies That Sell “Riches” Without Telling You the Process
If you are being pushed by the idea that you are going to be “rich” without telling you what you will be doing to earn this money (in a specific way), then they are selling the sizzle…and chances are there will be no “steak” after you make your purchase. Avoid programs like this like the plague.
Was the Adasa Group Income opportunity confusing? YES
6. Companies Without an Easy Way to Contact Them
They hide behind something if you don’t have a direct way to contact the company to answer questions about their program. That is the first clue, and I recommend you test it. If the company has an email address, email it. If you don’t get a response within 48 hours at most, then that is probably the sort of help you can expect in the future.
Can you easily contact the administrators at the Adasa Group? NO
7. Companies That Don’t Offer Direct Access/Communication with the Owners
Who owns the product? Can you get help and communicate with them directly? If NOT, then this program is more than likely in the business of taking your money. CEOs in the opportunity world who are unwilling to directly communicate with their customers have a “too good for you” mentality, which should be avoided.
Can you contact the owner of Adasa Group directly? NO
8. Companies That Are Just “Information”
If they provide you with “ideas” about how you could create a business without offering you all the tools, services, and levels of ongoing support you need to succeed online, you will have a tough time succeeding. Many companies charge you for their information and then tell you you must purchase all sorts of stuff to use the techniques taught.
Was the Adasa Group just information? YES
When you look at the evidence, multi-level marketing platforms like the Adasa Group are not business opportunities you want to pursue! They are pure cryptocurrency multi-level marketing Ponzi schemes designed to steal money from unsuspecting people. My rating of this so-called “opportunity” is 0 out of 8.
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- WA Offers Clear Pricing
- WA Offers a comprehensive website
- WA has a High TrustPilot Rating
- WA is not a get-rich-quick scheme
- WA offers a clear way to contact the company
- You can contact Kyle & Carson directly
- WA offers tools and support
(1) Companies That Don’t Offer a Free Trial.
This is one of the key reasons that I want to introduce you to Wealthy Affiliate. You can get a “test drive” to Wealthy Affiliate, but that doesn’t end, and there is NO credit card requirement. This is their Starter membership, and it includes more than any paid product I have seen in this industry. Here are just a few things that you get within the COMPLETELY FREE Starter membership.
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- Communication Directly with Kyle & Carson (the founders)
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(2) Companies That Dont’ Clearly Outline Pricing.
Wealthy Affiliate’s pricing page clearly outlines three available memberships: a Starter membership (FREE), a Premium ($49/month), or a Premium Plus+ ($99/month). There are no upsells and nothing more complex than this. You are not obligated to upgrade, but if you do decide to, you can run a million-dollar online business utilizing the platform and tools that Wealthy Affiliate offers.
(3) Companies That Use Video Sales Pages / Squeeze Pages.
Wealthy Affiliate offers a comprehensive website where you can learn more about the exact process of building an online business and all of the platforms, technology, and services involved that are offered to you as a member. This includes a thorough outline of WA’s education, hosting, website, domains, community, and success elements.
(4) Companies That Don’t Have a High TrustPilot Rating.
WealthyAffiliate.com has a 4.8 STAR rating on TrustPilot. The owners personally get back to every comment, and this leads to the industry. It is tough to achieve a rating like this in any industry, let alone the make-money-online niche.
(5) Companies That Sell “Riches”.
One thing you will not hear from Wealthy Affiliate in their training or marketing is “get rich quick.” The reality is that to build a business, you first have to make a solid foundation and understand it. Wealthy Affiliate provides you with the tools, training, and platform you need to create a business of any size online (even million-dollar websites). Still, it would help if you were realistic about the process. It will take some hard work and dedication.
(6) Companies Without an Easy Way to Contact Them.
You can contact Wealthy Affiliate directly from their website without being a member. They have a contact form, and the owners freely share their email addresses if you need to contact them or have any questions. They are kyle@wealthyaffiliate.com and carson@wealthyaffiliate.com. Feel free to reach them directly if you have questions, and of course, as a member, you will have access to them within the community. Which leads me to…
(7) Companies That Don’t Offer Direct Access/Communication with the Owners.
Wealthy Affiliate is the most transparent company in the space and offers you access to Kyle and Carson, the founders, directly within the community. If you want help from them directly, ask. You can even access them for their help and mentorship within the first seven days of the Starter membership…so without paying a dime, you can access both owners directly!
(8) Companies That Are Just “Information”.
Many things are required to build a successful business online, and Wealthy Affiliate includes all of them. To create an online business, you need a website, top-tier hosting, marketing and research tools, ongoing education of the latest marketing strategies, writing tools/platforms, and a way to find the TOP opportunities online. Not to mention support, mentorship, and expertise. These are ALL things that Wealthy Affiliate provides you with any membership level, equipping you to create, grow, and manage a business of any level online.
No other company in the industry offers a free “test drive,” as they likely don’t have the confidence that someone would purchase a trial. WA gives you access to its platforms, websites, hosting, research tools, community, and support within the free membership…so there is ZERO risk, and you can decide if you ever want to purchase a premium membership.
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Talk Soon,
Howard
