Hello and welcome to my page.
You would like to find out more about this new MLM company called Adasa Group and you are doing research. Great.
I am glad that people don’t blindly sign up for some products promising high returns. It is very important to spend some time doing research since there are many scams out there.
How about Adasa Group?
In the following Adasa Group review, you are about to learn whether this company is legit, how much one needs to invest, and most importantly, what is the earning potential (if any).
Disclaimer
Please note, that I am not a member or an affiliate of Adasa Group. This review is based on research and information available online in the public domain.
Any recommendation and conclusions are only opinions and may not apply to all persons or situations.
Adasa Group Overview
Name: Adasa Group
Website: www.adasagroup.net
Price to Join: $100 in Bitcoin up to $5,000 (in Bitcoin)
Recommended: No. This is most likely a Pyramid Scheme.
I recommend Affiliate Marketing. Check the Pros and Cons of both business models (Affiliate Marketing vs. MLM).
Adasa Group Review – Quick Summary
This is supposed to be an investment company promising you to make 1% per day on your investment.
Obviously, this is not possible.
On top of it, Adasa Group works as a Multi-Level-Marketing company, with no retail products.
That means that the only way how to make money is by recruiting new members.
(Adasa Group is a platform focusing on a Spanish-speaking audience.
It means, that Adasa Group is just a pyramid scheme (or Ponzi Scheme).
Don’t get involved in Pyramid Schemes.
There are many legal ways how to generate consistent income.
I personally prefer Affiliate Marketing and if you want to learn more about the method I use, check the link below.
I have learned how to create a website, how to get free traffic, and how to make 4 figures using the following method:
What is Adasa Group?
First of all, I want to let you know that their webpage looks suspicious at first sight.
I mean, there is no information about the founder, we don’t know who is the CEO, what are the products, nothing.
As you are aware, the website is just a login page.
The language is in Spanish, so one can assume that they targeting Spanish-speaking countries. At least for now.
But the question is what is the Adasa Group?
It is an unregulated investment firm that operates as an MLM (Multi-Level Marketing) company, without any retail products.
Apparently the money the Adesa members “invest” goes to the cryptocurrency trading bot and it generates 1% per day.
Adasa Group – Useful Information
Their website adasagroup.net is still new (as of this writing).
It was registered at the first day of spring, March 21st, 2020.
I also did find another website, adasagroup.com but that directs to the original one adasagroup.net.
How Does Adasa Group Work?
Since this is an MLM company, a member or a partner of the Adasa Group should be able to earn money by selling the products and also from referring this company to others. In other words by recruiting.
Unfortunately, this company does not have any retail products, nor services.
If we take a look at the IM Mastery Academy, they have at least some courses to sell.
When it comes to the Adasa Group, nothing.
And how are these MLM companies called that have not retail products?
A pyramid scheme.
Here is a short video on how to spot a pyramid scheme:
So be careful when you see a company promising you a big return on your investment.
Remember, when something seems too good to be true, then it usually is.
How to make money with Adasa Group? Compensation Plan
By now, we know that the only way how to make money within the Adasa Group is via recruiting.
Meaning that if you find new members, you will get a percentage of their entry fee, so to speak.
And how much is it to join the Adasa Group?
They offer different packages, but the thing is that they only accept Bitcoin.
The minimum amount to “invest” is $100.
As you see, they promise to get %1 daily ROI.
This is not possible in the long term, and no legit company can claim such a statement.
Apparently, Adasa Group makes money through their cryptocurrency trading bot.
But there is no evidence of having such an external revenue source.
The only money that flows into the company is the investment of its members.
Once there is no one to “invest” the structure collapses within days.
Regarding the profit of 1% per -day – it is not possible.
That equals to 30% per month, and we don’t take into consideration the compounding effect (or Compounding Interest).
Just briefly let’s take a look at the typical signs of a pyramid scheme:
And here is briefly the Compensation Plan
As we already mentioned, the company has no retail product(s), no service or course that can be offered.
So the only way how to make money is by becoming an affiliate and promote it to others, potentially new members.
Adasa Group has several packages:
Plan 100 – Invest $100 in Bitcoin
Plan 200 – Invest $200 in Bitcoin
Plan 500 – Invest $500 in Bitcoin
Plan 1000 – Invest $1000 in Bitcoin
Plan 5000 – Invest $5000 in Bitcoin
The structure the Adasa Group uses is a uni-level compensation plan, as per the following sketch:
There are 2 more levels, so 5 in total.
The commission is paid as a percentage of the “invested” amount throughout the 5 levels.
It looks like this:
- Level 1 – 5%
- Level 2 – 2%
- Level 3 – 1%
- Level 4 – 1%
- Level 5 – 1%
The compensation plans are usually difficult to comprehend. They also contain some other ways how to make money, but all of them are just different bonuses based on the number of members underneath you, your downline.
I believe it does not make sense to go through the compensation plan, simply because this company most likely is just another Ponzi Scheme, similar to the Tronex World.
What Do the Other people think?
There are not many reviews that we can rely on.
The reason is, as we know, it is still new so I am sure more reviewers will comment on different consumer review websites.
On the Trustpilot website, as of this writing, we see only 3 reviews, all in Spanish.
- 2 are extremely positive
- 1 is extremely negative
One can’t make an objective conclusion from 3 reviews.
I’ll keep an eye on the site and will update you accordingly.
What I like about Adasa Group
- There is nothing I like about the Adasa Group
What I don’t like about Adasa Group
- Founder not known (No information about who runs the company)
- The company operates as a Pyramid Scheme (MLM structure without retail product)
- Possible Ponzi scheme
Is Adasa Group a Scam?
Yes, it is a scam and a Ponzi scheme.
It does not make sense to get involved with the Adasa Group.
Save your money and make a wait for a legit opportunity.
As a matter of fact, I know about one method (I have been using for a couple of years) that generates me 4 figures.
At the bottom of this article, there is a link where it is possible to join the platform for free.
If you have any questions regarding the Adasa Group, or other ways how to make money online let me know in the comment section below.
thank you for reading,
Mike
Looking for a sustainable income online?
Would you like to learn how to make a consistent income online?
Choose a business model that works. One of the simplest ones is called affiliate marketing and I can show you what needs to be done to start making money with a simple website/blog.
By following the step-by-step training you will learn how to create such a website and how to drive free traffic.
Personally, i don’t trust any MLM company. I’m sure that a lot of people have found success will on their journey through one but for me, I just don’t trust the system. You will most likely end up spending way more money than what you’ll be earning. The fact that this company has basically nothing to offer should be an immediate red flag for anyone.
Appreciate your comment.
I couldn’t agree with you more. MLM business is not viable anymore (It works only for the founders, but still)…
Adasa Group is even worse since they operate as a pyramid scheme.
Again, thanks for your comment
Cheers
Mike
I appreciate your very detailed review of this program. I would not be able to participate in any case because the program requires Spanish. Also, I am not good at recruiting for a mlm like program. I was wondering if the bitcoin participation fee is a one time thing or annual or even monthly. This would make a huge difference in the validity of the program in my mind. I hope that lots of people see your article as they are attempting to research this program and that they take you advice to heart.
Glad you like it.
thank you for your comment
Cheer
Mike