Figure 1

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Summary of configurations
| Influencer classic | Academy operator | Platformised trader | Veiled promoter | |
|---|---|---|---|---|
| Examples | Hello_sofie | Female_invest | Jeppe Kirk Bonde | MLMs (e.g., iGenius, IM Academy, Be.club) |
| Ungeinvestorer | Danielspengetips | SES Trading | ||
| Pengemette | Moneymum | CPH Trading Academy | ||
| Audience members as… | Followers | Customers and longer-term clients | Co-investors and copy-traders | Resources / Investors |
| Primary monetisation mechanism | Influencer marketing (ads, sponsorships) | Own products and services off platform | Partnership with investment platform | Recruiting into pyramid scheme or MLM organisation |
| Primary domain of expertise | Everyday life | Investment and everyday finance | Trading with assets | Marketing and personal sales |
