Is HyperFund a Scam Pyramid Scheme? Exposed!

Are you looking for an HyperFund MLM review? Is HyperFund a pyramid scheme? If you want to make money online, you might have heard of this program. But you may wonder if it is a scam.

There is a good chance that you heard about HyperFund MLM through someone – a friend or family member.

Many people these days are looking for additional income, and you are most likely one of them. There was then an opportunity to work from home through HyperFund MLM.

I have a passion to help people explore the best money-making opportunities online, so over the years, I have reviewed hundreds of similar online programs like HyperFund MLM.

To help you make a more informed decision, I have thoroughly researched the HyperFund MLM so I can tell you more about it.

As a disclaimer, I’m not affiliated with HyperFund MLM. It means I’m not paid to write this review. So you can rest assured that you will get an honest and unbiased review from me.

At the end of this review, I’ll also tell you the best alternative to HyperFund MLM that has enabled me to make a full-time passive income online.

What is HyperFund MLM?

HyperFund is a decentralized finance (DeFi) ecosystem that allows its members to invest, trade, and do other cryptocurrency-related activities. It is made with open-source software, according to the description.

They also have a cryptocurrency called HyperDAO in addition to the DeFi (Ticker Symbol: HDAO). HyperDAO appears to be a genuine cryptocurrency, but it is only available on OKX, Hoo, BigONE, BitGlobal, and Bittrex. 

Furthermore, it appears that HyperDAO tokens cannot be purchased or sold on major cryptocurrency exchanges such as Binance or Coinbase.

To put it simply, it is what it claims to be: a fund. Essentially, HyperFund wants you to invest in their financial ecosystem. After a certain period of time, you will receive a profitable return on your investment.

It’s similar to putting money in a bank. However, banks only offer a very small return (usually less than 1%), whereas HyperFund promises to return at least double the amount invested.

HyperFund offers commissions to members who refer new members as part of their compensation plan.

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Who Founded HyperFund MLM?

Jayden Wei is the CEO of HyperFund, and Ryan Xu is the company’s founder. HyperFund’s chairman, on the other hand, is Sam Lee.

According to their bios on HyperFund’s website and LinkedIn profiles, these individuals have impressive credentials. In particular, when it comes to cryptocurrency and other related technologies such as blockchain in general.

However, it is unclear whether these credentials are genuine. Because it is well known that the majority of these individuals have previously worked for scam companies.

In addition to them, the core team of HyperFund includes a group of consultants. They’re:

  • Andrew Wasylewicz (Group Consultant)
  • Adam Geri (Group Consultant)
  • Dr. Joseph Liu (Group Consultant)
  • Allen Au (Group Consultant)

However, as of recently, all of these names have been removed from the website without explanation. Instead, “Steven Reece Lewis” is said to be the new CEO of the HyperTech Group.

Surprisingly, no one knows anything about this guy. He is said to have joined the HyperTech group in early 2021.

However, a quick Google search yields no results for Steve. There are no LinkedIn profiles, no social media accounts, and nothing else.

He was most likely placed there as a “dummy,” while the original officers continue to run the HyperFund/HyperVerse group from behind the scenes. After all, they’ve heard a lot of negative things about them as a result of previous scams.

What Products Does HyperFund Offer?

HyperFund sells and provides general cryptocurrency-related services. However, it appears that these goods and services are only present to make HyperFund appear to be a genuine MLM.

They are not also physical, and because they are online, they are most likely hosted on HyperFund’s servers. This means that if the site experiences a technical issue, such as a crash, these services will undoubtedly be impacted.

Here is a complete list of the services provided by HyperFund.

  • HyperPay – Multi-ecology digital wallet, integrating several functions into one platform
  • HyperFIN – Providing comprehensive digital financial services
  • HyperBC – Blockchain-encrypted bank for the future, providing encrypted asset custody services
  • HPX – Provide safe and fast currency/legal tender transactions
  • HyperMining – Provide high-speed, low-energy computing chips and mining machines, so that mining is no longer out of reach
  • HyperTalk – Provide high-speed, low-energy computing chips and mining machines, so that mining is no longer out of reach
  • Hyper News – Blockchain instant messaging software in the crypto world
  • HyperMall – Smart contract with matchmaking transactions, with zero need to convert fiat into cryptocurrencies
  • HyperSHOW – Higher quality of livestream content, sustainable development for the community

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What is MLM?

Before we get into HyperFund MLM, I’d like to explain what MLM is and how it differs from traditional business models.

Multilevel marketing companies are also known as direct sales companies or network marketing companies.

An MLM company does not pay you a salary.

You make money by recruiting others to join your business rather than selling products. If you hire someone and they start making money, you get paid a commission on the sales and recruits they bring in.

There are several levels to this (hence multi-level).

Think about a triangle. If the person at the top of the triangle recruits ten people, and each of these ten recruits ten more, and each of these ten recruits ten more, you will receive commissions from everyone in the triangle because they are all in your direct downline (in an MLM, the people beneath you are known as your ‘downline,’ and you are their ‘upline’).

You can earn $1100 by recruiting 10 people.

Even if your MLM company offers a wide range of products, most people prefer to recruit others because they can earn a lifetime passive income from them, whereas if they sold a product, they would only receive a one-time commission.

People at the top make a lot of money because money trickles up to the top of the triangle, while people at the bottom make the least.

The ultimate goal of someone who works for a company like HyperFund MLM is to have as many people in their ‘downline’ as possible, allowing them to earn large amounts of passive income.

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Is HyperFund A Pyramid Scheme?

A pyramid scheme recruits members by promising them money or services in exchange for enrolling others.

A pyramid scheme is unsustainable and frequently a scam because members lose money as the number of recruits increases.

Those who want to join must pay a fee to an organization that runs a pyramid scheme. The organization will share a portion of the funds raised from each additional member they recruit as a reward.

The directors of the organization receive a portion of these payments (those at the top of the pyramid).

The scam is profitable for the directors whether or not they do any work. It is in the membership’s best interests to recruit and funnel money to the top of the pyramid.

Such organizations almost never sell valuable goods or services. The scam’s only source of revenue is from recruiting new members and soliciting more money from current members because it does not produce any goods or services.

Pyramid schemes are very similar to exponential growth mathematics. The size of a pyramid grows dramatically with each level. A pyramid scheme would have to grow indefinitely in order to make money for everyone who joins. This is impossible due to the planet’s finite population.

The scam will fail in the absence of new recruits and other income sources. Because the largest terms are at the bottom of this geometric sequence, the majority of people live in the pyramid’s bottom layer.

Workers in pyramid schemes typically promote the company rather than the product they are selling. At some point, no one at the bottom of the pyramid will make any money, while only those at the top will profit.

People at the top of the pyramid usually make money, while those at the bottom usually lose money. Because they are at the bottom of a pyramid scheme, the majority of participants lose money.

Members at the scheme’s bottom will have no chance of profiting if the scheme fails, but they will have already paid.

Is HyperFund, then, a pyramid scheme?

No. HyperFund does not operate as a pyramid scheme. It’s possible for members of the company to make money by selling their products.

They don’t have to make money solely through recruitment.

Watch the short video below to learn more:

What is the HyperFund MLM’s Compensation Plan?

You can earn money with HyperFund in two ways.

The first option is to invest money in HyperFund. The second method is to recruit others to join HyperFund and earn a commission when they do (just like a typical MLM).

However, because this is a cryptocurrency-based business, the majority of transactions here do not use real money, such as the US dollar. Instead, you must first exchange your money for HU, a HyperFund internal token with value only within the HyperFund/HyperVerse ecosystem.

To begin, you exchange your current currency for Tether, a digital currency (Ticker Symbol: USDT, One Tether is currently equivalent to 1 U.s. dollar). The Tether tokens are then used to purchase HU by investing in HyperFund.

According to HyperFund, investors can earn up to 0.5 percent to 1 percent per day, with a total return on investment of up to 300 percent. This means that if you invest in HyperFund, you can get three times your money back.

For its referral program, Hyperfund employs a “Uni-Level” compensation plan. They pay people up to twenty levels deep as a “reward” for recruiting family and friends to join the investment program.

  • Level 1 (personally recruited affiliates) – 20%
  • Level 2 – 15%
  • Level 3 – 10%
  • Levels 4 to 6 – 5%
  • Levels 7 to 15 – 2%
  • Levels 16 to 20 – 1%

However, keep in mind that all HyperFund payouts are also made in HU, the company’s own token. To exchange them for US dollars, you must first exchange your HU tokens for MOF (Molecular Future) tokens, and then cash out your MOF tokens on a coin exchange platform.

This method can be difficult to use, especially for those who are unfamiliar with cryptography. It is a multi-stage process because you must go through several steps before receiving your money.

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10 Reasons Why I Don’t Recommend HyperFund MLM

1. The Good Reviews are Written by HyperFund MLM’s Affiliates

You probably have found some other reviews of HyperFund MLM and all of them are saying good words.

But all of them are actually paid to write, meaning they will receive a commission if you join HyperFund MLM via their links. Therefore, their words are often biased and not trustworthy.

Those reviews are simply sales pages and do not tell you the hidden costs and the difficulties of really making money.

By common sense, should you trust someone who has a conflict of interest that receives huge compensation by “reviewing” the program? Probably not. They are not reviewing, but selling!

Therefore, I recommend reading the reviews of those written by the non-affiliates of HyperFund MLM.

2. Very Few People Can Make Money With HyperFund

Success is difficult to achieve with an MLM company like HyperFund.

You can look at the statistic that says 72.5 percent to 99.9 percent of MLM members lose money.

The reason for this is that MLMs have sales quotas that require members to continue selling products in order to remain active and eligible for commissions.

They will not be paid if they do not meet the quota.

As a result, many MLM members lose a significant amount of money before even recruiting one person into the company.

3. Losses From HyperFund MLM Are Reframed As Investments

HyperFund MLM uplines often reframe their financial losses as ‘investments’ in their business so as to keep their reps in an MLM scheme, dangling the carrot of future financial freedom. 

But the reality is that these are not investments. You are unlikely to get the money back. And the return on “investment” is negative in most cases. So saying that it’s an investment is cheating.

4. HyperFund MLM is a Cult

Why do people continue to work for HyperFund if it appears to be so bad? Our investigation of MLMs revealed that they all have cult-like company cultures.

Critical thinking is actively discouraged among MLM representatives. They are chastised and even isolated when they ask questions that deviate from the ‘this company is a-mazing’ mindset.

MLMs, like abusive partners, encourage you to isolate yourself from anyone who questions your involvement.

Those who leave an MLM are labeled as failures or bad people/influences, and reps are not allowed to contact them.

Rejection from people they once considered practically family is one of the most devastating losses experienced by former MLM representatives.

MLMs frequently expect their representatives to prioritize their events and business over their personal lives in order to further embed them in the business while separating them from their family and friends.

5. You May Need to Purchase HyperFund Products Yourself

If you don’t have a large network of friends, family, neighbors, and so on, you may have to buy products yourself each month. It’s a losing proposition all around.

I think it’s quite ridiculous when you have to buy the products you are trying to sell. But this is very common for people who join MLMs like HyperFund. That’s why in the long term, you are going to lose a lot of money, not to mention making money.

6. HyperFund Products are Overpriced

As with other MLMs, HyperFund offers overpriced products. There are many other brands that offer similar products but at lower prices.

Therefore, you may find it difficult to sell HyperFund products because your prospects can buy the same product elsewhere at a much cheaper price. This explains why most people who join MLMs only focus on recruitment instead of selling actual products.

7. HyperFund’s MLM Business Model Has a Bad Reputation

Some people have benefited financially by joining a network marketing/MLM company. Unfortunately, most people who join MLMs are left with nothing but regret and a lot of useless products that they were unable to sell.

MLM like HyperFund is fundamentally flawed. The distribution of commissions is skewed toward the top.

The majority of those in the top tier and pioneers make the most money, while those at the bottom will not even break even after a few months.

As a result, many people do not consider HyperFund to be a legitimate business opportunity.

8. Exaggerated Claims Of Income

HyperFund, like any other MLM company, makes exaggerated income claims, but in reality, very few people make a good living by promoting HyperFund.

HyperFund’s low retention rate can also be discouraging, as less than 41% of its distributors are active.

According to HyperFund’s payouts to distributors, over 99 percent of HyperFund distributors never make a profit.

9. HyperFund Is Like A Pyramid Scheme In Disguise

If you want to avoid losing money every month, the MLM will actually encourage you to recruit people.

Every system that requires you to recruit people in order to make money eventually looks like this.

HyperFund is not a pyramid scheme in the traditional sense because you can earn money by selling their products.

However, in order to make a living, you will need to hire others in reality.

10. Recruiting is Required to Succeed

I don’t recommend MLMs to people for this reason. MLMs like HyperFund put a lot of effort into recruiting. Eight out of ten ways to earn money with HyperFund require recruiting. If you don’t recruit, you are destined to lose money at the end of the day.

My #1 recommended platform is different. You can make a 4-figure, 5-figure or even 6-figure passive income by promoting and selling products you truly like. You don’t have to recruit people but recommend useful and great products. I will tell you more at the end of this HyperFund review.

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How Much Does It Cost To Join HyperFund MLM?

You can select from a variety of investment packages, as is typical for an MLM company like HyperFund.

You have the option of investing 300, 500, or 1,000 HU. Because 1 HU is nearly the same as a dollar, each package costs around $300, $500, and $1,000.

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Is HyperFund MLM a Scam?

I cannot say HyperFund MLM is a scam for legal reasons. A scam is defined as “a dishonest scheme; a fraud” by the Oxford Living Dictionary. 

Can you make money selling HyperFund products? We already know that a majority of HyperFund reps did not earn any money. A few people do make money but only if you put in a lot of effort. And usually, the way they make a lot of money from HyperFund is by recruiting aggressively.

Also, HyperFund blatantly makes disingenuous and irresponsible marketing claims to recruit members. Therefore, some people do consider HyperFund MLM a scam.

My #1 recommended platform, however, has seen a lot of beginners earn four figures a month after joining it for a year.

I will tell more about my #1 recommended platform at the end of this review.

Final Verdict: HyperFund MLM Review

Here comes the conclusion of my HyperFund MLM review. Overall, I don’t recommend joining HyperFund MLM to make money.

You will have a tough time at the beginning when you are prospecting and trying to find recruiters to add to your HyperFund commission.

The worst part is that you practically have to ask your family and friends to join your HyperFund business opportunity. It’s not fun.

Your upline is constantly following up with you to encourage you to buy more Business Support Material even as you struggle to get people to join your downline.

The reality is that you’re likely to lose more money. Statistics confirm this as well. 99% of people who join an MLM break even or lose money, according to a case study on the FTC’s website.

People who join these MLM-type businesses often feel under pressure to succeed, and that is one of the main reasons they leave. 

Why not consider starting your own online business if you want to earn money and have a flexible schedule? 

Thus, you can choose what you want to promote rather than having someone tell you what you must promote.

Let me tell you how to build an online business in a legit way to make passive income online in the next section. This has allowed me to make a full-time income in a year. Most importantly, unlike MLM models, It’s 100% legit and sustainable.

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The Best Alternative of HyperFund MLM To Make Passive Income Online

If you’re beginning your online business journey, you deserve a programme much better than HyperFund MLM.

My #1 recommended platform is called Wealthy Affiliate.

Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch.

When you join Wealthy Affiliate, you can get access to the first-class web hosting service, keyword research tools, community support, comprehensive training, writing tools, and other software to help you build an online business step-by-step.

You can register a free account with Wealthy Affiliate, which enables you to get started with affiliate marketing right away without paying a penny.

If you like the platform, you can then upgrade to the premium membership to get access to everything on the platform. There are no upsells afterwards.

But How Much Can You Earn with Wealthy Affiliate?

A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while applying what is taught inside Wealthy Affiliate.

HyperFund MLM Review

Compared with Authority Hacker, Wealthy Affiliate has a much longer history, which has been established for 15 years and there are many success stories in the past decade. Actually, Wealthy Affiliate has more than a million members so far, so you can see how popular this platform is.

To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.

Where to Join Wealthy Affiliate?

Wealthy Affiliate has a very simple pricing scheme. It has a free and premium membership. The premium membership only costs $49/month or $395/year.

If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.

And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.

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