GladiaCoin2 (disappointingly not known as GladiaCoin2: Electric Boogaloo) is a relaunch of an already-existing 90-day “Bitcoin doubler” high-yield investment program (HYIP). We reviewed the original GladiaCoin when it went live in early 2017 before it crashed and burned, but now it’s back and just as mediocre as ever.
What Is GladiaCoin2?
The original GladiaCoin went kaput in early 2017, well before the initial 90-day maturation period expired. In a race to the bottom, though, the new GladiaCoin2 is relaunching with the hopes of possibly lasting a bit longer this time.
At the risk of repeating ourselves in our first GladiaCoin review, there’s nothing on the GladiaCoin2 website that would ever indicate who is responsible for this iteration of the Bitcoin doubler.
There are, of course, two options. Either the highly professional anonymous entrepreneurs behind the first GladiaCoin have returned to try again, or individuals who either bought or outright stole the original GladiaCoin site and relaunched it for their own purposes.
Whoever is behind GladiaCoin2, this is likely not their only Bitcoin doubler scheme going on right now. There’s reference to a “RillCoin” scheme on the GladiaCoin2 site, an already here-and-gone HYIP that used similar-to-identical website resources as the first two GladiaCoin iterations, and there are likely others out there using the same format as well.
The second verse is no different than the first: GladiaCoin2 takes your Bitcoin, makes you wait 90 days, and then promises to give you back double. The company says it makes this happen by trading on cryptocurrency exchanges, but there’s no evidence of this actually happening.
GladiaCoin has seven different “investment” packages, entitled Spartacus 1 through Spartacus 7, that all feature a standard 90-day ROI. Required deposit amounts start at 0.01 BTC and go as high as 4 BTC. Other differences with each package come into play in the affiliate opportunity, detailed below.
GladiaCoin2 offers the ability to earn commission-based income by recruiting and building an affiliate downline of investors under you.
For each direct recruit, you receive a 10% commission based on how much they invest in GladiaCoin2. When it comes to residual commissions, GladiaCoin2 uses a binary compensation scheme; your ability to make money through residual commissions depends on how much Bitcoin you personally invest through the following scale.
- Spartacus 1 – 5% binary commissions, 0.10 BTC daily cap, 3 BTC monthly cap
- Spartacus 2 – 6% binary commissions, 0.20 BTC daily cap, 6 BTC monthly cap
- Spartacus 3 – 7% binary commissions, 0.60 BTC daily cap, 18 BTC monthly cap
- Spartacus 4 – 9% binary commissions, 1 BTC daily cap, 30 BTC monthly cap
- Spartacus 5 – 11% binary commissions, 2 BTC daily cap, 60 BTC monthly cap
- Spartacus 6 – 13% binary commissions, 4 BTC daily cap, 120 BTC monthly cap
- Spartacus 7 – 15% binary commissions, 8 BTC daily cap, 240 BTC monthly cap
It goes without saying, but all payments in and out are done so in Bitcoin.
We’ve been hard-pressed to find anyone that made any money whatsoever off of GladiaCoin the first time around. In fact, nobody we know made even a cent, as GladiaCoin Version 1 collapsed pretty quickly – just as we predicted it would.
Now that GladiaCoin2 is here, we can only repeat our initial warnings: you’re not going to get any money out of GladiaCoin2. The company – whoever’s behind it this time – isn’t taking your deposits and using them to invest wisely on cryptocurrency exchanges. Instead, they’re simply taking the money you’re depositing and vanishing before the first 90-day maturation term is up.