Liyeplimal Review: Liyeplimal business resides in Douala, Cameroon, and specializes in the MLM cryptocurrency sector.
Despite the fact that Liyeplimal’s website domain was secured in February 2018, the company claims it was “developed in 2017.”
Ascending Simb Emile Parfait, the CEO and creator of Global Investment Trading is Liyeplimal. According to the footer of Liyeplimal’s website, it is a “Global Investment Trading product.”
For the second time, the Liyeplimal Cashless transaction has failed. In the run-up to Christmas, the original Liyeplimal, which was erected around Limo and XAF Ponzi points, collapsed.
Owner Emile Parfait Simb restarted Liyeplimal using LimoCoin SWAP in an attempt to keep the money coming in.
Liyeplimal is a private investment instrument in the bitcoin business, according to the official website, through its portfolio managers, who aim for yearly profitability of 2 to 37 annual interest.
In this article, we will be looking at the whole review on the Liyeplimal MLM system scheme, Compensation Plan & Referral Commissions.
Liyeplimal Review – Liyeplimal MLM System Scheme
Liyeplimal investors have been protesting outside the company’s Cameroonian headquarters, as reported by Business In Cameroon on February 18th. It remained until February 14th, after Liyeplimal fell yet again.
Since late 2020, authorities in that country have been aware of the Ponzi scheme. Simb appears to have gone into hiding following Liyeplimal’s second collapse.
Liyeplimal is run by Simb, a Cameroonian, through Global Investment Trading.
Total Liyeplimal investor losses are unknown. If they offer to me Liyeplimal’s track record, I wouldn’t be in shock if the losses were in the tens of millions.
Liyeplimal’s Compensation Outline & Referral Commissions
Liyeplimal Review: affiliates of Liyeplimal invest in limos which converts subsequently to XAF in exchange for reward returns. You can get Limos directly from Liyeplimal or via current Liyeplimal associates.
Liyeplimal’s website does not give the current internal limos exchange rate. You can now invest limos in XAF points in the following way:
- 100 limos in Abidjan
- 200 limos in Porto-Novo
- 400 limos in Libreville
- Ndjamena has 800 limos.
- Malabo limos – 1600
- 3200 limos in Yaounde
- 6400 limos in Pretoria
- Cairo has a total of 12,800 limos
- 25,600 limos in Abuja
- 51,200 limos in Dubai
- Ouaga limos – 100,000
The quoted limo to XAF conversion rate is $1 limo to 800 XAF. The above programs, if purchased, pay the following advertised returns over a 365-day period:
- Abidjan pays a financial return of 160 limos
- Porto-Novo pays a financial return of 340 limos.
- Libreville pays a profit of 720 limos.
- Ndjamena receives a 1520 limos financial return.
- Malabo pays a 3200 limos financial return.
- Yaounde pays a profit of 6560 limos
- Pretoria pays a profit of 13,440 limos
- Cairo pays a financial return of 27520 limos
- Abuja pays a financial return of 56,320 limos
- The ROI for limos in Dubai is $114,688.
- Ouaga pays a limos ROI of $225,000.
While investment in XAF is necessary, the returns offered on Liyeplimal’s website are in limos.
Liyeplimal Review: a unilevel compensation system is used by Liyeplimal to award referral commissions.
An affiliate is put at the head of a unilevel team, with every individually recruited affiliate placed right behind them (level 1):
Level 1 affiliates who recruit new affiliates are assigned to the original affiliate’s unilevel team’s level 2.
If any level 2 affiliates join new affiliates, they are promoted to level 3, and so on, up to a theoretical limit of an unlimited number of levels.
At five, they give Liyeplimal caps to unilevel teams. Referral commissions calculate to a percentage of monies from investments (supposed to be limos) at each of these five levels:
- level 1 (affiliates individually recruited) – 6%
- 2% is the second level.
- 1 % of the total levels 3 and 4.
- 2% for level 5
It’s worth noting that level 2 and deeper require qualification.
On their website, Liyeplimal only lists qualification criteria for level 2:
Invest at least 1800 limos personally and produce 6000 limos in downline investment revenue.
they also give limo bonuses for each unilevel team level that are open. The reward prize for unlocking the unilevel team’s second level is 360 limos.
Although joining Liyeplimal affiliate membership is free, participation in the associated earning possibility necessitates a modest investment.
Because Liyeplimal does not publish conversion rates, it is impossible to assign a precise cost to Liyeplimal affiliate membership.