Frequently Ask Question's (Business)

No, Everyone MUST meet the criteria laid out in order to take Full Advantage of All shown.  If they are walking in with One Million they are just an investor Not considered an Affiliate unless you have your Qualifications to Qualify for all the Affiliate Program.

No, the 1% is what you will take as an override of Your entire network.  Whatever they are earning you will qualify for 1% of what they are earning.  

Absolutely not, he does not know of him, and does not have a family member by that name.

If the platform grows significantly, it’s possible we might consider closing off to new members, but that would take a while. As of now, we want to avoid that scenario, but it’s something we may evaluate as we progress. We’ll adapt to changes as they come to hopefully prevent having to restrict new members.

 Preventing money laundering and fraud in the cryptocurrency space is a complex challenge. People determined to launder money through crypto will often go to great lengths to cover their tracks, making it difficult to intercept such transactions while they’re happening. However, the company has several safeguards in place:

1. Monitoring of Transactions: We closely monitor accounts for suspicious activities, such as large sums of money moving in and out within a short period. For instance, we have seen cases where users deposit hundreds of thousands of USDT, withdraw it within 2-3 days, and then redeposit similar amounts. In such cases, the account activity is flagged as suspicious, and we directly contact the account holder for a written explanation.

2. Suspension of Accounts: If the explanation provided by the account holder doesn’t make sense or raises further concerns, we will suspend the account. This involves returning the funds to their original source and permanently blocking the account from accessing our services.

3. KYC (Know Your Customer): We also have a KYC process in place, although it is optional for users. If a user has completed KYC and engages in suspicious activities, we have their identification and personal information, allowing us to take further action, such as issuing warnings or suspending their accounts if the activities continue.

4. Referral to Regulatory Authorities: In extreme cases, where users attempt to bypass our security measures or continue fraudulent activities despite warnings, we refer the matter to regulatory authorities like the SEC for further investigation. These measures help us detect and prevent money laundering and fraud, although the dynamic nature of cryptocurrency transactions makes it a continuous challenge.

 We hold multiple live trading sessions each week on Zoom, with over 100 participants attending. For individuals who have a Binance global account with at least 0.5 Ethereum in their account, we can link our system directly to their personal wallet. This allows them to see all the trades happening directly in their Binance account. All transactions are recorded and logged in your Binance trade history, so you’ll be able to track everything. We conduct these live sessions regularly, with 5 to 10 live trades per week. People from around the world can witness our live operations firsthand.

Currently, this is not really a concern. We are still very small compared to the giants in the financial industry, such as BlackRock or Citadel. They manage billions and trillions of assets, while we are operating in the low millions. So, we are not at a point where sustainability is an issue yet. If we ever reach that level—and that would be a tremendous journey in itself, as it’s no small feat to grow from where we are now to the size of Citadel or BlackRock—we will have to make some adjustments. We may have to reduce payouts or even restructure the compensation model at that time. But for now, it’s not something we need to worry about. Another potential concern could arise if a large number of people start compounding their earnings. If that happens, their accounts could grow significantly, but again, that’s not an immediate issue for us at this stage.

No, we do not currently have a SAFU system in place. Not at the moment.

We have a secure service infrastructure that is private and distributed across multiple locations to prevent unauthorized access. We operate with two full-capacity hardware setups in different data centers around the world. With multiple global locations that include two full-capacity hardware setups at each, our redundancy system makes it very difficult to take us completely offline. Our security protocols exceed industry standards, providing strong protection against potential attacks.

We are in the process of implementing an additional security layer very soon. However, initially, we will not be launching with 2FA. Instead, we’ll be using an email notification system for ease of access. We’ve opted for this approach because some users encountered issues with 2FA during our trial runs. Until the 2FA system is fully stabilized, we will be relying on email notifications for the time being.

Yes, that’s correct. Each account requires its own membership. However, we do not recommend holding multiple accounts. In some cases, this can be viewed as “stacking” accounts, which we advise against. If we discover that you are stacking accounts, we will issue a written notice asking you to consolidate them into one. If you still choose to keep multiple accounts, it is recommended that you have different individuals in your network hold the accounts. Registering accounts under people in your network can help avoid issues later on.

Currently, KYC is not mandatory; it is optional. You can choose to complete the KYC process or not at this point in time. As for when mandatory KYC will be introduced, I cannot say at this moment. However, when the time comes, we will have a transition period to help implement the mandatory KYC system. For now, KYC remains optional.

At this point, we are exploring various options for a CRM system, but it has not been implemented yet. In addition to CRM, we are also evaluating other potential solutions for the future, though none of these are currently in use in our system.

Currently, for the month of August 2024, we have a promotion offering a Visa card. However, the Visa card is only available to the top 100 performers who earn at least 10,000 USDT this month. If your earnings exceed 10,000 USDT, which is the minimum requirement, we will provide you with a Visa card. This card is in partnership with Rapidz—spelled with a ‘Z.’ Rapidz is a payment provider we work with, and you can find more information by doing a simple search or visiting their website at ‘rapidz.com.’ So, if you achieve the 10,000 USDT minimum earnings this month, you’ll be eligible for the card.

Yes, anyone can maintain multiple accounts as long as each has a unique email address. However, while this may be technically possible, it's important to be aware that in the US, maintaining multiple accounts (also known as "stacking accounts") is not recommended. Although some countries may allow this practice, in the US, it can create potential complications. If we discover that you are managing multiple accounts, we will advise you to consolidate them into a single account. If you're unable to consolidate, we suggest transferring the additional accounts to someone else, especially when it comes to completing KYC (Know Your Customer) verification. This is because KYC is tied to a single identification document, and having multiple accounts could cause issues during verification.

Yes, the decision to go with age 21 is because we are a global company. In some countries, the legal age is 18, in others it's 21, and in some it's 23. We decided to take the average legal age and set it at 21. If you're above that, you'll be eligible to participate

Yes, the next event in Egypt. I’ve already submitted the request for his appearance, so there’s a very high chance that he will attend.

As a business owner, you have the option to submit your company's information through the KYC function in the back office. However, we strongly recommend completing the KYC process as an individual rather than as a business. Submitting as a company typically takes significantly longer to get approved, so for faster processing, it's advisable to do it as an individual.

We have many people within the company who use the income they receive for various purposes, including fundraising. Essentially, what we offer is a trading service. We trade your USDT and generate profits for you. How you choose to use those profits is entirely up to you. We don’t have control over how you spend your money, so we can’t advise you specifically on that. What I can say is that we’ll help you make profits, and you are free to decide how to use them.

Yes. You can get the marketing materials from Sean. He has the approved materials and can send them to you. If you need additional materials, let Sean know, and I’ll send them to him so he can forward them to you. It’s essential to use the term "crypto" because we’re dealing with cryptocurrency, not cash. For instance, if you mention "USD," that could create issues, as we’re not dealing in U.S. dollars but in USDT (a type of cryptocurrency). USD is the official currency of the United States, while USDT is a crypto token. You need to clearly differentiate between the two.

No, we are not a hedge fund. WE are a technology company that provides a service. We do not offer tokens for sale, nor do we deal in fiat currency. We are simply a cryptocurrency trading service, not a hedge fund.

Yes, I have worked closely with the CEO. The company consists of about 35 people, so we collaborate closely. In the early stages of the company, especially during the expansion into new countries, I worked with him face-to-face. That being said, the CEO is very busy now, just like I am. It's become difficult to get time with him as we are focused on opening as many countries as possible. I ask for your patience during this time.

Yes, the office in Turkey has already opened. Those offices were mentioned as already being operational.

Cryptocurrency doesn't fall within the parameters of fiat currency. A letter of accreditation is not enforceable by the SEC, the federal government, the Federal Trade Commission, or at the state level. It's entirely up to the business entity to decide whether they want to make it a requirement.

The platform addresses this by implementing updates in the back office, specifically through a CRM that is part of the anti-money laundering (AML) and Know Your Customer (KYC) processes. In the United States, if someone has more than one account, they need to be aware that duplicate accounts are not allowed. If multiple positions are created under the same person, the platform will either close these accounts or require that each account be associated with a real person, verified by a tax ID. Additionally, if someone has more than one account using the same ID or password in the KYC process, they will be asked to consolidate their accounts. Failure to do so will result in the deletion of the additional accounts, leaving only one account active.

As an individual, you can have your own personal account, and if you have a corporation with its own EIN number, it can also participate, whether it's a for-profit or a 501(c)(3) organization, as long as it's a verifiable and valid business entity. If you'd like to include your church, and it’s properly registered as a corporation, you are more than welcome to do so. Just make sure the necessary EIN numbers are in place.

The KYC process will be required once they are ready to implement another upgrade. Although I’m not sure exactly when that will be, if you are in the United States, you will be required to complete the KYC process when it's mandated.

No, there is no cutoff time. Trage is very flexible. I appreciate how straightforward they make everything, from registering and depositing money to withdrawing funds.

There doesn't seem to be any specific criteria mentioned for obtaining the Visa card. It seems the it will be Trage’s payment processing card, which should be accepted worldwide, as Visa is recognized everywhere. You should be good to go. More details will be provided after the ceremony, likely under the memo section in your back office.. This will include all the information you need to know about what to do and when

Yes, they are planning to go private. Once they reach a certain point, they will transition into a private company. Simon has confirmed this.

i’m not sure about the specific city. However, they can reach out to support through their back office and send an email with their question. The support team should be able to provide the information they need.

You would need to send a support ticket for that information because it's included in their pitch deck. Unfortunately, Simon isn't available to address this, and I haven't been with the company long enough to know the specifics of the investments.

The primary risk is really about being first to market. In technology, once a breakthrough is made, it doesn't take long for others to replicate it, especially if they have been working on similar solutions. We might see several spin-offs or copycat companies trying to follow the same approach as soon as Trage reveals the optimal way to launch and operate such a company. If someone has the resources and can build a team, they could replicate Trage’s strategy. This is why being first to market is crucial in this scenario

If you’re a U.S. citizen, then you’re good. Trage is authorized to operate here and they’ve fulfilled all their requirements. But, without an address, you’ll need to wait before completing your KYC, as you won't have an address to input. Support says that they can’t provide a timeline for issuing addresses. So for anyone using a Palau ID, they should be aware of this delay

Yes, it is allowed as long as each person is 21 years or older. You can include your family members as individuals. This is not considered "stacking" as long as each account belongs to a unique individual. Stacking refers to creating multiple accounts for the same person, which is not permitted.

The company is currently looking into implementing a new CRM (Customer Relationship Management) system, which will enforce KYC for countries that require it. They are in the early stages of this implementation. The CRM platform will check submitted information against various databases to identify any connections to anti-money laundering activities. If any red flags are found, the account may be blocked. You can register an individual, a business, an LLC, or a 501(c)(3) organization, as long as the children are 21 years or older. A corporation can be registered regardless of how recently it was created.

The company decided on a 21-year age limit. They took the age requirements from all the countries they operate in, summed them up, and 21 ended up being the chosen limit.

Yes, it's a valid and authorized ID for KYC purposes

Yes, you can sign up as a corporation using your EIN. However, you will still need to fill out a Customer Identification Program (CIP) form. They will require additional information to complete the necessary process.

While a corporation can initially sign up, there may be instances where it cannot provide the required CIP information. This is something to be aware of as all those details will be required eventually.

That's a great question! If you don't see an option for beneficiaries, it's important to notify someone and provide them with all the necessary information about what you're doing. This way, they will know where to access the funds. You definitely don't want to overlook this step. I'm not sure exactly how it will be handled, but I recommend submitting a support ticket to clarify the process. That should help you get a definitive answer.

Yes, that's correct. The card is currently available as a promotional item for the month of September, but only for the leaders. There have been some videos circulating, showing directors and above who have received the card. Thank you to Janet for sharing some of those videos. The reason it's promotional right now is because the official relationship between Trage and Rapidz hasn't been formally solidified with an official ceremony yet. Once that ceremony takes place, I believe the card will be available to everyone shortly afterward. For now, it's only accessible to those leaders who have demonstrated strong leadership qualities as a promotion. Leadership status starts at the director level.