February 27, 2021 by Brian Priest Welcome to my GSPartners Review. Is this a legit Cryptocurrency MLM? Or just another scam designed to take your money? That’s what we are going to find out in this GSPartners.Global review.
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Hello everyone and welcome to my GSPartners Review. I’ve noticed a lot of talk lately about this Cryptocurrency MLM. So I decided to dig deeper and see what all the chatter is about.
As a matter of fact you may have been approached by someone about their Investment or Business opportunity. And you came here to find out if it’s legit. So we are going to go through the company, the products, as well as the compensation plan. Then you will be able to make an educated decision about your future with the GSPartners company.
So stay with me until the end. Because unlike a lot of other GSPartners Reviews out there I’m going to straight with you. And remember to pay close attention as we go through our GSPartners.global review.
Hey though before we start…
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Now let’s get started and see what we can dig up in our GSPartners.Global Review.
What Is GSPartners?
The GSPartners Company is just one of the latest Cryptocurrency MLMs to pop up in the Cryptocurrency MLM niche after the epic disaster with Karatbars. Among Mismanagement and company relationship fallout, did leadership leave a scapegoat holding the bag? So let’s fill in the gaps and see how the GSPartners company came to be in our GSPartners Review.
GSPartners Review – The Company
One of the first things that I noticed when I visited the GSPatners compant website, “gspartners.global”, is that they don’t give us any information a s to who own or runs the company.
As a matter of fact they don’t give you any information on the company itself anywhere. But because I’ve got some history following the Karatbars International disaster, and Freebay for quite awhile I just happen to know that GSPartners was created and launched by a man named Josip Heit.
And we first learned of Josip Heit in the middle of 2019 after the Karatbars KaratGold Coin hype disaster July 4,. 2019. And here’s what happened.
In the months leading up to the July 4th disaster Karatbars company CEO Harald Seiz was promoting exchanges in the amount of 100 KBC to 1 gram of gold. However this never happened and KGC dumped 62% in public value shortly after the July 4th launch event.
In addition to that in the wake of the marketing disaster crash The Karatbars company CEO Harald Seiz was nowhere to be found. Which forced Josip Heit, who was the Chairman of the Board for Karatbars International, to create a series of prerecorded videos making excuses for the pump and dump to angry investors. And as you can imagine that didn’t go over very well with investor. Which caused Karats bars to diable comments on videos involving Josip Heit.
The Aftermath – GSPartners Review
It seems like the Karatbars company kind of made Josip Heit the fall guy for the entire incident. However Karatbars KGC has had several regulatory warnings issued by Namibia, Germany, South Africa and New Zealand.
In addition to that by September 2020 Harald Seiz was back on the scene and promoting Freebay as well as an equivalent junk coin called V999. Which is complete garbage.
And there must have been a falling out between Harold Seiz and Josip Heit. Because About the same time is when Josip Heit launched GSPartners.
GSPartenrs.Global Review – The Copmay Domain
When I looked up the domain registrar information on the GSPartners Company website domain name, “gspartners.global, I discovered that it was privately registered on April 9, 2020. And it was also updated on November 28, 2020. Which puts us in the perfect time frame of the fallout.
Alright now we are up to speed with the GSPartners Company let’s see what they offer for products or services inside of our GSPartners Review.
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GSPartners Review – The Products
The GSPartners company doesn’t have any retail products or services to offer retail customers. So the only thing you can do is to become an affiliate and promote the affiliate membership and investment opportunity.
However once become an affiliate, you get access to Blockchain Academy crypto related educational material.
Ok now let’s move right along and see what the GSPartners company offers its affiliates as a compensation plan inside of our GSPartners.global review.
GSPartners Review – The Compensation Plan
The GSPartners company does not give any information on the compensation plan on their website. And the following compensation plan outline has been put together from an official GSPartners compensation information video, tagged “internal use only”, that I will include at the end of this outline.
GSPartners company affiliates invest in G999 tokens on a promise that they will get a return on their investments. And company affiliates invest in G999 tokens via GSPartner’s GSTrade exchange, at a rate of “69 USDT for 4999 G999 coins”.
Inn addition to that GSPartners company affiliates also receive G999 tokens when they sign up.
- sign up as an affiliate with a Brand Advantage Basic Package for 275 USDT annually and receive 3498 G999 tokens
- sign up as an affiliate with a Brand Advantage Premium Package and receive more G999 tokens than the Basic Package
Note that I wasn’t able to verify a concrete Brand Advantage Premium Package price. However one of the marketing examples I came across had it priced at $1110.
Note that despite the USDT prices quoted above, GSPartners solicits and accepts payment in Bitcoin and Ethereum.
GSPartners Review – Affiliate Ranks
There are ten different affiliate ranks that affiliates can qualify for inside if the GSPartners company’s compensation plan. And a list of those ranks along with their respective qualification reqirements are listed below:
- Affiliate – sign up as a GSPartners affiliate and pay required fees
- Director – generate $15,000 GV a month
- Regional Director – generate $40,000 GV a month
- National Director – generate $80,000 GV a month
- Executive – generate $150,000 GV a month
- Continental Executive – generate $369,000 GV a month
- International Executive – generate $1,000,000 GV a month
- Ambassador – generate $3,000,000 GV a month
- Global Ambassador – generate $9,000,000 GV a month
- Crown Ambassador – generate $27,000,000 GV a month
Side note: GV stands for “Group Volume and is fee/investment volume paid by downline affiliates.
Referral Commissions – GSPartners Review
The GSPartners company also pays its affiliates referral commissions. And these referral commissions are paid via a unilevel compensation structure.
However the GSPartners company caps its referral commissions at nine levels deep in the unilevel team levels. And Residual commissions are paid as a percentage of funds invested in Basic and Premium packages across these nine levels.
- 1st level (personally recruited affiliates) – 10%
- 2nd level – 4%
- 3rd level – 3%
- 4th – 6th levels – 2%
- 7th level – 3%
- 8th level – 4%
- 9th level – 6%
In addition to that it is unclear if referral commissions are paid on direct G999 token investment through GSTrade.
GSPartners.Global Review – Blockstar Pool
The GSPartners company takes 4% of company-wide fee investment volume and puts it into the Blockstar Pool. And GSPartners company Affiliates receive shares in the pool. However these shares are based on the amount they can convince others to invest. And a list of those qualifiers and thier respective shares are listed below
- 1 – convince others to invest $3000 and receive one Blockstar Pool share
- 2 – convince others to invest $9999 and receive three Blockstar Pool shares
- 3 – convince others to invest $29,999 and receive five Blockstar Pool shares
The first tier is designated “Rising Blockstars” which seems to be timed qualification criteria (one month?). And the other two are recurring criteria. Which means every time each time you are hit you receive Blockstar Pool shares.
Alright let’s keep moving and see what else this compensation plan has to offer affiliates in this GSPartners Review.
However If you want to learn how to actually make money online and build something long term without getting scammed, partner with me below and I will show you the right way…
Infinity Pool – GSPartners.Global Review
The GSPartners company takes 13% of company-wide fee investment volume and puts it into the Infinity Pool. And then the 13% is split into smaller pools based on rank:
- Directors receive a share in a 2.5% Infinity Pool
- Regional Directors receive a share in a 2.25% Infinity Pool
- National Directors receive a share in a 1.75% Infinity Pool
- Executive Directors receive a share in a 1.5% Infinity Pool
- Continental Executives receive a share in a 1.5% Infinity Pool
- International Executives receive a share in a 1.25% Infinity Pool
- Ambassadors receive a share in a 1% Infinity Pool
- Global Ambassadors receive a share in a 0.75% Infinity Pool
- Crown Ambassadors receive a share in a 0.5% Infinity Pool
Note that higher ranks receive a share in their pool as well as all lower ranked pools.
GSPartners Review – Community Pool
The GSPartners company takes 3% of company-wide fee investment volume and distributes it each month to all Brand Advantage Premium Package tier affiliates.
Legacy Program – GSPartners.Global Review
The GSPartners Company’s Legacy Program is based on accumulation of Legacy Points. And an affiliate receives Legacy Points when:
- A downline affiliate reaches undisclosed ranks; and
- silver, gold and diamond sales are made.
However there is no definition of what a Silver, Gold, or Diamond sale is. Nor is the amount of Legacy Points received per qualifying goal met is not disclosed either.
In addition to that all Legacy Points that affiliates receive are put towards The Legacy Program Prizes.
And Legacy points prizes are purportedly funded by 2% of GSPartners’ company-wide fee investment volume.
Now as promised I found this video that explains the GSParnters Company compensation plan pretty good. But remember it is company material and it will be biased. And this one is very convincing. So only use it for educational and informational purposes only.
Now that we have that covered let’s find out what it costs to join the GSPartners company as an affiliate inside of our gspartners.global Review.
GSPartners Review – The Cost To Join
The GSPartners Basic Affiliate membership is $99 per year. And that will give you access to the Blockchain Academy. In addition to that you can purchase investments packages as well:
- 275 USDT for a Brand Advantage Basic Package or
- ~1110 USDT for a Brand Advantage Premium Package (This Is the investment cost we are going to go with)
In addition to that it seems that prices are quoted in USDT. However GSPartners accept Bitcoin and Ethereum for fee’s. Doesn’t make sense to me.
Anyway now comes the part you’ve been waiting for. And unlike a lot of all the other GSPartners Reviews out there I am going to be straight with you. So stay with me just a few more minutes and remember to pay close attention. Because here are…
So is there some kind of scam going on behind the scenes at the GSPartners Company? Well let’s look at the information we have gathered. And see what the evidence tells us.
First off the list is that the G999 is a cryptocurrency coin that is created on demand.
Now when G999 went public it was trading at around @ $0.0068 cents a unit. However at the time of this writing it is trading around $0.016 cents. But the issue with the G999 is that the G999 value is tied to affiliate recruitment. Which will always drive up the value as long as the company is consistently growing and getting new recruits.
However, eventually that is going to slow down. And when it does it will create all kinds of problems.
In addition to that their marketing material does point some kind of return on investment. And that will require them to register with the right financial regulators. Which they are not. And according to Alexa rank most of the traffic is coming from the USA, South Africa and Mexico. Which means the GSPartners company needs to register with all of those at least.
So as the business model stands right now I personally can’t recommend it…
So save your money and invest in something stable.
As a matter of fact something even better is invest in yourself. And be the creator of your own future. Because you are totally worth investing in for real.
So… However Before You Go
Thanks for stopping by. And I hope you enjoyed my gspartners.global Review. If you have any questions or comments, please feel free to comments section below. And I will get back to as soon as I am able.
And again thank you for reading my GSPartners Review
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