Scams Radar

SourceLess Review: NFT Domain MLM Scheme Explained

SourceLess is a company operating in the MLM cryptocurrency space, offering NFT-based domains called STR domains. Led by Alexandru Stratulat, the company has faced criticism for its business model, which many label as a pyramid scheme. In this SourceLess Review, we’ll analyze its products, compensation plan, and whether it’s a legitimate opportunity or a scam.

What is SourceLess?

SourceLess was introduced around 2020 and is based in Romania. It promotes STR domains, which are NFT-based digital identities tied to blockchain technology. However, the company’s origins are tied to Ccoin, a cryptocurrency project that collapsed in early 2022.

The company’s official website, sourceless.net, was registered on February 10th, 2024, using a Romanian address. The original domains, source-less.com and sourceless.io, have been abandoned.

SourceLess Products

SourceLess operates on an MLM compensation plan, where affiliates earn through sales and recruitment. Here’s how it works:

Affiliate Ranks 

There are seven affiliate ranks in SourceLess, each with specific requirements:

  1. 1 Star: Generate 10,000 GV monthly or over a rolling 12-month period.

  2. 2 Star: Generate 40,000 GV monthly or 80,000 GV over 12 months.

  3. 3 Star: Generate 200,000 GV monthly or 600,000 GV over 12 months.

  4. 4 Star: Recruit eight 1 Star affiliates and generate 1,000,000 GV monthly.

  5. 5 Star: Recruit ten 1 Star affiliates and generate 4,000,000 GV monthly.

  6. 6 Star: Recruit twelve 1 Star affiliates and generate 20,000,000 GV monthly.

  7. 7 Star: Recruit fourteen 1 Star affiliates and generate 40,000,000 GV monthly.

Referral Commissions 

Affiliates earn a 10% commission on personal sales of STR domain packages.

Residual Commissions

SourceLess uses a binary compensation system, where affiliates earn 10% of the volume generated by their weaker team side. Weekly earning limits vary by rank:

  • 1 Star: Up to $2,500 weekly

  • 7 Star: No weekly earning limit

Matching Bonus 

Affiliates can also earn a matching bonus through a unilevel compensation system, with bonuses ranging from 5% to 20% depending on their rank.

Influencer Compensation Plan

SourceLess has a separate plan for influencers, who pay $499 to join and earn $20 per domain sold. Affiliates who recruit influencers earn $10 per domain sold and 30 GV for their binary team.

Is SourceLess a Pyramid Scheme?

Many critics argue that SourceLess operates as a pyramid scheme. Here’s why:

  • No Retail Demand: There’s little evidence of retail demand for STR domains.

  • Affiliate-Driven Sales: Most sales come from affiliates buying packages to qualify for commissions.

  • Collapse Risk: Once recruitment slows, the system is likely to collapse, leaving most participants with losses.

The article also points out that STR domains lack practical utility. For example, users cannot simply enter a STR domain into a browser to access a website. As of January 2025, STR domain website traffic was too low for SimilarWeb to monitor.

SourceLess Review: Pros and Cons

Pros 

  • Innovative use of NFT technology for digital identities.

  • High earning potential for top-tier affiliates.

Cons 

  • Lack of practical utility for STR domains.

  • Heavy reliance on recruitment, a hallmark of pyramid schemes.

  • No evidence of long-term sustainability.

Conclusion

In this SourceLess Review, we’ve uncovered significant red flags, including its reliance on recruitment and lack of retail demand for its products. While the idea of NFT-based domains is intriguing, SourceLess appears to operate more like a pyramid scheme than a legitimate business opportunity. Proceed with caution.

ScamsRadar review on Sourceless - A muscular superhero with red glasses and the Sourceless logo.

DYOR (Do Your Own Research) Disclaimer

Always research before investing. Use these tools to verify legitimacy:

WHOIS Lookup: https://whois.domaintools.com

SimilarWeb: https://www.similarweb.com

ScamAdviser: https://www.scamadviser.com

Trustpilot: https://www.trustpilot.com

Reddit Discussions: https://www.reddit.com

Trust Score of Ozone Space

Given Ozone Space Very low trust score, there is a good chance that the website is a hoax. Use caution when accessing this website!

Our algorithm examined a wide range of variables when it automatically evaluated Ozone Space , including ownership information, location, popularity, and other elements linked to reviews, phony goods, threats, and phishing. All of the information gathered is used to generate a trust score.

FAQs About SourceLess Review

SourceLess is a company that sells NFT-based domains called STR domains. It operates in the MLM cryptocurrency space and is led by Alexandru Stratulat, who is based in Romania.

STR domains are NFT-based digital identities tied to blockchain technology. They are marketed as valuable assets that can appreciate over time.

STR domains are sold in packages ranging from $500 to $100,000, depending on the number of domains purchased. For example:

  • Starter Package: 6 domains for $500

  • Diamond Package: 416 domains for $25,000

Many critics argue that SourceLess operates as a pyramid scheme because:

  • It relies heavily on recruitment rather than retail sales.

  • There is little evidence of retail demand for STR domains.

  • Affiliates are the primary buyers of STR domains, creating a cycle of dependency on recruitment.

SourceLess uses an MLM compensation plan where affiliates earn through:

  • Referral commissions (10% on personal sales).

  • Residual commissions (10% of the weaker team’s volume in a binary system).

  • Matching bonuses (5-20% based on rank in a unilevel system).

Other Infromation:

WHOIS data : Hidden
Owner : REDACTED FOR PRIVACY
Country : United States
WHOIS registration date : 2024-02-10
WHOIS last update date : 2025-02-02
WHOIS renew date : 2027-02-10
Website : sourceless.net

Title: Welcome to Sourceless

Traffic Coming From : NL

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