Pinnpai fails to provide information regarding its ownership or executive team on its website. The domain for Pinnpai’s website, “pinnpai.com,” was privately registered on August 26th, 2023. It is important to note that Pinnpai’s website contains numerous grammatical errors, indicating that the company may be operated by non-native English speakers. It is advisable to exercise caution and carefully consider joining or investing money in an MLM company that is not transparent about its leadership.
Pinnpai does not offer any retail products or services. Its affiliates can only promote Pinnpai’s affiliate membership itself.
In terms of compensation, Pinnpai affiliates invest in cryptocurrency, with the promise of advertised returns. There are different investment packages available, each offering specific daily returns over a set period. Pinnpai also provides referral commissions on invested cryptocurrency for up to two levels of recruitment. The commission rates for “Leaders” are higher, although the qualifications for this status are not disclosed on the website.
Membership as a Pinnpai affiliate is free, but active participation in the income opportunity requires a minimum investment of $50. Pinnpai encourages investment in various cryptocurrencies.
Pinnpai presents itself as a “trading and management assets firm,” but there is no verifiable evidence to support this claim. Additionally, Pinnpai’s business model raises concerns of being a Ponzi scheme. If Pinnpai is already generating consistent profits through asset trading and management, it raises the question of why they need additional funds from affiliates. The primary source of revenue for Pinnpai is new investments, which is characteristic of a Ponzi scheme. Once new recruitment slows down, the company will struggle to sustain its return on investment, leading to its eventual collapse. Ponzi schemes typically result in the majority of participants losing their money.