Ilgon scammers launch Kodexa Ponzi


Mosaic Alpha operates within the cryptocurrency MLM area of interest.

Mosaic Alpha fails to offer a company handle on its web site. The corporate’s web site Phrases and Situations states:

This Settlement and your entry to and use of the Website will probably be ruled by the legal guidelines of the British Virgin Islands.

It is a purple flag because of the BVI being a tax haven with no energetic MLM fraud associated regulation.

Mosaic Alpha’s advertising and marketing materials cites Evo Dynamic LLP, a shell firm purportedly integrated in Canada.

Cited as Mosaic Alpha’s “core staff” on its web site, we’ve got co-founders Attila Vidakovics and Peter Molnar.

Vidakovics and Molnar are identified to BehindMLM as executives of Ilgon, a reboot of the collapsed Ilgamos Ponzi scheme.

BehindMLM reviewed Ilgon in June 2021. Since then each Ilgon and the connected ILGON shitcoin have collapsed.

Whole Ilgon sufferer numbers and the way a lot was misplaced to Vidakovics and Molnar are unknown.

In a nutshell, Vidakovics and Molnar are typical crypto bros with a string of failed tasks underneath their belts – Ilgon now being one in all them.

Each Vidakovics and Molnar are based mostly out of Hungary. Versus the BVI or Canada, Hungary is the place Mosaic Alpha is being operated from.

It needs to be famous that Mosaic Alpha’s Canadian shell firm, Evo Dynamic LLP, corresponds to Novalus Prime.

Evo Dynamic LLP is current within the footer of Novalus Prime’s web site. Novalus Prime additionally options in Mosaic Alpha advertising and marketing materials:

A go to to Novalus Prime’s web site reveals the corporate is in prelaunch:

This means a attainable Mosaic Alpha reboot is already within the works. For reference, Mosaic Alpha solely launched final November.

Learn on for a full evaluation of Mosaic Alpha’s MLM alternative.

Mosaic Alpha’s Merchandise

Mosaic Alpha has no retailable services or products.

Associates are solely in a position to market Mosaic Alpha affiliate membership itself.

Mosaic Alpha’s Compensation Plan

Mosaic Alpha associates make investments tether (USDT) in Kodexa (KDX). That is completed on the expectation of a marketed passive return:

Mosaic Alpha has 5 KDX funding packages:

  • LP 100 Primary – make investments 100 USDT and obtain 3000 KDX
  • LP 250 Commonplace – make investments 250 USDT and obtain 7500 KDX
  • LP 750 Dealer – make investments 750 USDT and obtain 22,500 KDX
  • LP 1500 Skilled – make investments 1500 USDT and obtain 45,000 KDX
  • LP 5000 Infinity – make investments 5000 USDT and obtain 150,000 KDX
  • Validator – make investments 9990 USDT and obtain ~299,700 KDX
  • Validator Professional – make investments 24,990 USDT and obtain ~749,700 KDX

Observe that KDX quantities for Validator and Validator Professional aren’t specified. I’ve calculated the quantities above based mostly on the opposite funding tiers having KDX at 3 cents every.

As soon as invested into KDX is locked for 120 days. After 120 days Mosaic Alpha releases it to affiliate buyers at a a fee of 1.25% every week.

As it’s launched, returns are realized as KDX is cashed out for greater than it was initially invested in at.

The MLM facet of Mosaic Alpha pays on recruitment of affiliate buyers.

Mosaic Alpha Affiliate Ranks

There are eleven affiliate ranks inside Mosaic Alpha’s compensation plan.

Together with their respective qualification standards, they’re as follows:

  • Advisor – enroll as a Mosaic Alpha affiliate and make investments
  • Junior – put money into the LP 250 Commonplace tier or increased and persuade others to take a position at the very least 5000 USDT
  • Govt – preserve an LP 250 Commonplace tier or increased funding and persuade others to take a position at the very least 20,000 USDT
  • Senior Govt – put money into the LP 750 Dealer tier or increased and persuade others to take a position at the very least 50,000 USDT
  • Grasp Govt – put money into the LP 1500 Skilled tier or increased and persuade others to take a position at the very least 100,000 USDT
  • Diamond – put money into the LP 5000 Infinity tier or increased and persuade others to take a position at the very least 250,000 USDT
  • Double Diamond – preserve an LP 5000 Infinity tier or increased funding and persuade others to take a position at the very least 500,000 USDT
  • Blue Diamond – make investments on the Validator tier or increased and persuade others to take a position at the very least 1,000,000 USDT
  • Black Diamond – make investments on the Validator Professional tier and persuade others to take a position at the very least 2,500,000 USDT
  • Imperial Diamond – preserve a Validator Professional funding and persuade others to take a position at the very least 5,000,000 USDT
  • Crown Diamond – preserve a Validator Professional funding and persuade others to take a position at the very least 10,000,000 USDT

Observe that not more than 50% of counted downline funding can come from anyone unilevel staff leg.

Fee Caps

Mosaic Alpha restricts how a lot an affiliate can earn every week based mostly on rank:

  • Consultants can earn as much as 500 USDT every week
  • Junior Executives can earn as much as 2000 USDT every week
  • Executives can earn as much as 5000 USDT every week
  • Senior Executives can earn as much as 10,000 USDT every week
  • Grasp Executives can earn as much as 15,000 USDT every week
  • Diamonds can earn as much as 25,000 USDT every week
  • Double Diamonds can earn as much as 50,000 USDT every week
  • Blue Diamonds can earn as much as 100,000 USDT every week
  • Black Diamonds can earn as much as 250,000 USDT every week
  • Imperial Diamonds can earn as much as 500,000 USDT every week
  • Crown Diamonds can earn as much as 1,000,000 USDT every week

Referral Commissions

Mosaic Alpha pays a referral fee on tether invested by personally recruited associates.

Referral fee charges are decided by how a lot a Mosaic Alpha affiliate has invested:

  • LP 100 Primary tier associates earn a ten% referral fee fee
  • LP 250 Commonplace and better tier associates earn a 15% referral fee fee

Residual Commissions

Mosaic Alpha pays residual commissions through a binary compensation construction.

A binary compensation construction locations an affiliate on the prime of a binary staff, break up into two sides (left and proper):

The primary stage of the binary staff homes two positions. The second stage of the binary staff is generated by splitting these first two positions into one other two positions every (4 positions).

Subsequent ranges of the binary staff are generated as required, with every new stage housing twice as many positions because the earlier stage.

Positions within the binary staff are stuffed through direct and oblique recruitment of associates. Observe there isn’t any restrict to how deep a binary staff can develop.

On the finish of every week, Mosaic Alpha tallies up new funding quantity on each side of the binary staff.

Associates are paid 10% of tether invested on their weaker binary staff facet.

Observe that residual commissions are capped based mostly on how a lot a Mosaic Alpha affiliate has invested:

  • LP 100 Primary tier associates can earn as much as 500 USDT every week
  • LP 250 Commonplace tier associates can earn as much as 2000 USDT every week
  • LP 750 Dealer tier associates can earn as much as 5000 USDT every week
  • LP 1490 Skilled tier associates can earn as much as 10,000 USDT every week
  • LP 4990 Infinity tier associates can earn as much as 15,000 USDT every week
  • Validator tier associates can earn as much as 20,000 USDT every week
  • Validator Professional tier associates can earn as much as 25,000 USDT every week

As soon as paid out on, quantity is matched in opposition to the stronger binary staff after which flushed.

Any leftover quantity on the stronger binary staff facet carries over.

Matching Bonus

Mosaic Alpha pays a Matching Bonus through a unilevel compensation construction.

A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned instantly underneath them (stage 1):

If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel staff.

If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.

Mosaic Alpha caps the Matching Bonus at seven unilevel staff ranges.

The Matching Bonus is paid out as a proportion of residual commissions earned throughout these seven ranges based mostly on rank:

  • Professionals earn a ten% match on stage 1 (personally recruited associates)
  • Executives earn a ten% match on ranges 1 and a pair of
  • Senior Executives earn a ten% match on ranges 1 to three
  • Grasp Executives earn a ten% match on ranges 1 to three and 5% on stage 4
  • Diamonds earn a ten% match on ranges 1 to three and 5% on ranges 4 and 5
  • Double Diamonds earn a ten% match on ranges 1 to three and 5% on ranges 4 to six
  • Blue Diamonds earn a ten% match on ranges 1 to three and 5% on ranges 4 to 7

Infinity Bonus

Mosaic Alpha pays the Infinity Bonus through the identical unilevel compensation construction used to pay the Matching Bonus (see above).

The Infinity Bonus begins on the LP 4990 Infinity funding tier, paying out 1% of invested tether till one other LP 4990 Infinity tier or increased ranked affiliate is present in every unilevel staff leg.

  • LP 4990 Infinity tier associates earn a 1% Infinity Bonus
  • Grasp Govt ranked associates earn a 2% Infinity Bonus
  • Diamond ranked associates earn a 3% Infinity Bonus
  • Double Diamond ranked associates earn a 4% Infinity Bonus
  • Blue Diamond ranked associates earn a 5% Infinity Bonus

Dealer Bonus

If a recruited affiliate trades on Mosaic Alpha’s buying and selling platform, the affiliate who recruited them earns 25% of generated buying and selling payment commissions.

Automotive Bonus

Mosaic Alpha’s Automotive Bonus is damaged up into three tiers:

  • Stage 1 – Senior Executives who’ve generated 120,000 BV in funding quantity over 6 months obtain a 30,000 USDT Automotive Bonus
  • Stage 2 – Grasp Executives who’ve generated 300,000 BV in funding quantity over 6 months obtain a 60,000 USDT Automotive Bonus
  • Stage 3 – Diamonds and better who’ve generated 600,000 BV in funding quantity over 6 months obtain a 120,000 USDT Automotive Bonus

BV looks like a option to scale back counted downline USDT funding, based mostly on how recruited associates make investments.

Observe that if a Mosaic Alpha affiliate isn’t based mostly in Europe (owing to Mosaic Alpha working from Hungary), the Automotive Bonus is paid as a “Way of life Bonus” as a substitute:

  • Stage 1 – 30,000 USDT paid as 5000 USDT after which 500 USDT a month
  • Stage 2 – 60,000 USDT paid as 10,000 USDT after which 1000 USDT a month
  • Stage 3 – 120,000 USDT paid as 20,000 USDT after which 2000 USDT a month

Diamond Pool

Mosaic Alpha takes 3% of company-wide funding and locations it into the Diamond Pool.

Diamond and better ranked associates obtain shares within the pool as follows:

  • Diamonds obtain 1 Diamond Pool share
  • Double Diamonds obtain 2 Diamond Pool shares
  • Blue Diamonds obtain 4 Diamond Pool shares
  • Black Diamonds obtain 10 Diamond Pool shares
  • Imperial Diamonds obtain 20 Diamond Pool shares
  • Crown Diamonds obtain 50 Diamond Pool shares

How ceaselessly the Diamond Pool is paid out is just not disclosed.

Becoming a member of Mosaic Alpha

Mosaic Alpha affiliate membership is tied to an preliminary 100 to 24,990 USDT funding.

The extra a Mosaic Alpha affiliate invests, the upper their revenue potential.

Mosaic Alpha Conclusion

From what I’ve been in a position to piece collectively, though it had collapsed well-before, Ilgon was deserted mid 2022.

Attila Vidakovics and Peter Molnar then waited a bit earlier than launching Mosaic Alpha.

Mosaic Alpha is extra of the identical. ILGON has been switched out for Kodexa (KDX), a BEP-20 shitcoin.

BEP-20 shitcoins will be created in a couple of minutes at little to no price. So far as I can inform KDX doesn’t exist exterior of Mosaic Alpha.

Over the previous few months, SimilarWeb tracks Mosaic Alpha web site site visitors as ~3100 for February, 6800 for March and ~15,000 for April.

Whereas there’s development, that is nowhere close to sufficient to maintain an MLM crypto Ponzi scheme. That is probably why Novalus Prime branding has begun.

As to why Mosaic Alpha is a Ponzi scheme, the corporate has no verifiable supply of revenue aside from new funding.

Invested tether goes into Mosaic Alpha, and the identical tether is used to pay withdrawals of earlier buyers. That is your basic Ponzi scheme.

On the regulatory entrance, Mosaic Alpha’s passive funding scheme clearly constitutes a securities providing.

Mosaic Alpha Associates are investing in KDX within the hope of realizing an marketed passive return:

Mosaic Alpha fails to offer proof it has registered its securities providing with monetary regulators. This goes for Evo Dynamic LLP in Canada and Novalus Prime.

In Hungary, Mosaic Alpha is required to register its securities providing with the Hungarian Nationwide Financial institution (MNB). Exterior of Hungary Mosaic Alpha is required to register with monetary regulators in each jurisdiction it solicits funding in.

Failing to take action constitutes securities fraud, which works hand in hand with Mosaic Alpha working a Ponzi scheme.

With nothing marketed or bought to retail clients, Mosaic Alpha’s MLM alternative moreover constitutes a pyramid scheme.

As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.

This may starve Mosaic Alpha of ROI income, ultimately prompting a collapse.

The maths behind MLM Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.

Look no additional than Ilgamos and Ilgon for proof of this in motion.