AlysDax Review – Ponzi Scheme – MLM Scam

The company’s website domain was privately registered on the 2nd of October, 2019 through a German registrar

Top traffic sources of the website are Brazil (25%), Vietnam (23%) and Japan (10%). Yet the company claims that it is situated in the U.K as AlysDax LTD.

Crypto community members are tying AlysDax to Weenzee, a scheme launched in 2018 and closed doors in July 2019. 

Team

The website does not provide any information about the team. We do not know who owns or runs the company. 

AlysDax’s Products

AlysDax has no products or services. The company has only its affiliate membership plan focused on pumping users into the system.

AlysDax’s Compensation Plan

The affiliates of the company invest between $25 to $50,000 on the promise of an advertised 1% daily Return On Investment. The investment plans range from 30 days to 180 days. There is a bonus structure termed as ‘bonus days’. This is a special bonus system for people who manage to rank higher and get more money into the system. 

Affiliate Ranks and Commissions 

The company has seven affiliate ranks under its affiliate structure. They are as follows:

  • SP1 — Become an affiliate and invest a minimum of $25.
  • NP2 — Minimum investment required is $300, get a minimum of 10 direct members under your affiliation and generate $1000 in total downline investment volume
  • MP3 — Minimum investment required is $1000, get a minimum of 50 direct members under your affiliation and generate $10,000 in total downline investment volume
  • BP4 —Minimum investment required is $5000, get a minimum of 100 direct members under your affiliation and generate $30,000 in total downline investment volume
  • LP5 —Minimum investment required is $10,000, get a minimum of 1000 direct members under your affiliation and generate $100,000 in total downline investment volume
  • GP6 — Minimum investment required is $50,000, get a minimum of 3000 direct members under your affiliation and generate $1,000,000 in downline investment volume
  • XP7 —Minimum investment required is $100,000, get a minimum of 10000 direct members under your affiliation and generate $10,000,000 in downline investment volume

Referral Commissions

The company has a uni-level compensation structure in place that facilitates referral commissions. AlysDax caps payable unilevel team levels at seven.

Lets us explain the first line and you will get the rest. 

SP1 ranked affiliates earn 3% on level 1 (personally recruited members) and 1% on levels 2 and 3.

Referral commissions are paid as a percentage of funds invested across these seven levels.

Conclusion

Joining the company’s affiliate program requires a minimum investment of $25. 

The company claims of generating revenue through Trading. However, there is no evidence on the site about the company’s trading operations. 


AlysDax checks all the boxes of a typical PONZI MLM. 

Think about it, if the owners of the company are able to make a 1% profit every day, then why do they need your $25 (minimum investment)???

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This article was first seen on ponzipedia.net