Xaindex fails to supply verifiable possession or government info on its web site.
Whereas Xaindex does present an inventory of executives with pictures.
I don’t have any particular names however Xaindex COO “Sergio Askovich”, who purportedly “has over 8 years of expertise constructing fashions for enterprise house owners to work together with their audiences”…
…is a mannequin/actor with a definite hairline:
I couldn’t discover the compulsory Boris CEO advertising video bux Xaindex does look like utilizing its actors as a part of its advertising:
Presumably this implies Xaindex’s mannequin/actor executives have been contracted to make appearances.
Boris CEO schemes are usually the calling card of Russians. Xaindex’s Russian connection, at the least publicly, is thru Grasp Distributor Dill MadDeuce.
“MadDeuce” seems to be a throwback to Dill’s failed music profession.
On FaceBook Dill goes by his precise identify, Dil Narzi.
Unsure how Narzi wound up Grasp Distributor for a Boris CEO Ponzi scheme, however whoever is working Xaindex can be possible in and/or has ties to Russia.
In an try to look legit, Xaindex touts its ASIC registered Australian shell firm.
ASIC are identified for non-regulation of MLM fraud. Moreover anybody can register an organization with ASIC utilizing no matter bogus particulars, there isn’t a verification.
For that reason ASIC registration is favored by scammers residing outdoors of Australia.
With respect to MLM due-diligence, ASIC registration certificates as proof of legitimacy is subsequently meaningless.
As all the time, if an MLM firm isn’t brazenly upfront about who’s working or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
Xaindex’s Merchandise
Xaindex has no retailable services or products.
Associates are solely capable of market Xaindex affiliate membership itself.
Xaindex’s Compensation Plan
Xaindex associates buy SUT token with tether (USDT). Inside Xaindex, SUT is represented to have a 1 USDT worth.
As soon as acquired, SUT is then invested in Xaindex’s “liquidity swimming pools”.
That is accomplished on the promise of a 250% ROI:
- Grade A – make investments 100 SUT and obtain 0.81 SUT a day for a complete 250 SUT ROI
- Grade B – make investments 500 SUT and obtain 4.05 SUT a day for a complete 1250 SUT ROI
- Grade C – make investments 1000 SUT and obtain 8.1 SUT a day for a complete 2500 SUT ROI
- Grade D – make investments 3000 SUT and obtain 24.30 SUT a day for a complete 7500 SUT ROI
- Grade E – make investments 10,000 SUT and obtain 81 SUT a day for a complete 25,000 SUT ROI
- Grade F – make investments 25,000 SUT and obtain 202.50 SUT a day for a complete 62,500 SUT ROI
- Grade G – make investments 50,000 SUT and obtain 405 SUT a day for a complete 125,000 SUT ROI
- Grade H – make investments 100,000 SUT and obtain 810 SUT a day for a complete 250,000 SUT ROI
Be aware that Xaindex restricts traders from withdrawing over what they’ve invested every week.
E.g. Grade E traders make investments 10,000 SUT and are capped at withdrawing as much as 10,000 SUT every week.
The MLM facet of Xaindex pays on recruitment of affiliate traders.
Xaindex Affiliate Ranks
There are sixteen affiliate ranks inside Xaindex’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Rank 0 – enroll as an Xaindex affiliate and make investments
- Rank 1 – keep an Xaindex funding, persuade others to speculate at the least 500 SUT and generate at the least 800 and 2000 SUT funding quantity throughout your binary workforce
- Rank 2 – make investments at the least 500 SUT (Grade B or larger), persuade others to speculate at the least 1000 SUT and generate at the least 1500 and 3500 SUT funding quantity throughout your binary workforce
- Rank 3 – keep a 500 SUT or larger funding (Grade B or larger), persuade others to speculate at the least 2000 SUT and generate at the least 3600 and 8500 SUT funding quantity throughout your binary workforce
- Rank 4 – make investments at the least 1000 SUT (Grade C or larger), persuade others to speculate at the least 5000 SUT and generate at the least 7200 and 17,000 SUT funding quantity throughout your binary workforce
- Rank 5 – keep a 1000 SUT or larger funding (Grade C or larger), persuade others to speculate at the least 10,000 SUT and generate at the least 14,500 and 33,500 SUT funding quantity throughout your binary workforce
- Rank 6 – make investments at the least 3000 SUT (Grade D or larger), persuade others to speculate at the least 25,000 SUT and generate at the least 36,000 and 85,000 SUT funding quantity throughout your binary workforce
- Rank 7 – keep a 3000 SUT or larger funding (Grade D or larger), persuade others to speculate at the least 50,000 SUT and generate at the least 72,000 and 170,000 SUT funding quantity throughout your binary workforce
- Rank 8 – make investments at the least 10,000 SUT (Grade E or larger), persuade others to speculate at the least 100,000 SUT and generate at the least 145,000 and 335,000 SUT funding quantity throughout your binary workforce
- Rank 9 – keep a ten,000 SUT or larger funding (Grade E or larger), persuade others to speculate at the least 200,000 SUT and generate at the least 360,000 and 845,000 SUT funding quantity throughout your binary workforce
- Rank 10 – make investments at the least 25,000 SUT (Grade F or larger), persuade others to speculate at the least 300,000 SUT and generate at the least 725,000 and 1,650,000 SUT funding quantity throughout your binary workforce
- Rank 11 – keep a 25,000 SUT or larger funding (Grade F or larger), persuade others to speculate at the least 500,000 SUT and generate at the least 1,450,000 and three,375,000 SUT funding quantity throughout your binary workforce
- Rank 12 – make investments at the least 50,000 SUT (Grade G or larger), persuade others to speculate at the least 750,000 SUT and generate at the least 3,600,000 and eight,450,000 SUT funding quantity throughout your binary workforce
- Rank 13 – keep a 50,000 SUT or larger funding (Grade G or larger), persuade others to speculate at the least 1,000,000 SUT and generate at the least 7,250,000 and 16,870,000 SUT funding quantity throughout your binary workforce
- Rank 14 – make investments 100,000 SUT (Grade H), persuade others to speculate at the least 1,250,000 SUT and generate at the least 14,450,000 and 33,750,000 SUT funding quantity throughout your binary workforce
- Rank 15 – keep a 100,000 SUT funding (Grade H), persuade others to speculate at the least 1,500,000 SUT and generate at the least 36,150,000 and 84,350,000 SUT funding quantity throughout your binary workforce
Be aware that required binary workforce quantities will be on both facet (i.e. one facet will need to have one worth and the opposite facet the opposite worth, which facet has which doesn’t matter).
Recruitment Bonus
Xaindex pays a recruitment Bonus for recruiting affiliate traders inside their first 4 weeks:
- persuade others to speculate 1000 SUT and obtain 100 SUT
- persuade others to speculate 2500 SUT and obtain 250 SUT
- persuade others to speculate 5000 SUT and obtain 1000 SUT
- persuade others to speculate 10,000 SUT and obtain 1000 SUT
- persuade others to speculate 25,000 SUT and obtain 2500 SUT
- persuade others to speculate 50,000 SUT and obtain 5000 SUT
- persuade others to speculate 100,000 SUT and obtain 10,000 SUT
Referral Commissions
Xaindex pays a referral fee on invested SUT through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel workforce, with each personally recruited affiliate positioned immediately underneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel workforce.
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.
Xaindex caps referral commissions at 4 unilevel workforce ranges.
What number of ranges referral commissions are earned on is decided by how a lot an Xaindex affiliate has invested:
- Grade A and B tier associates earn 5% on stage 1 (personally recruited associates) and a pair of% on stage 2
- Grade C and D tier associates earn 6% on stage 1 and three% on stage 2
- Grade E and F tier associates earn 7% on stage 1, 3% on stage 2 and 1% on stage 3
- Grade G and H tier associates earn 8% on stage 1, 4% on stage 2, 2% on stage 3 and 1% on stage 4
Residual Commissions
Xaindex pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary workforce, cut up into two sides (left and proper):
The primary stage of the binary workforce homes two positions. The second stage of the binary workforce is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary workforce are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary workforce are stuffed through direct and oblique recruitment of associates. Be aware there isn’t a restrict to how deep a binary workforce can develop.
On the finish of every week Xaindex tallies up new funding quantity on each side of the binary workforce.
Residual commissions are paid as share of latest funding quantity on the weaker binary workforce facet:
- Grade A tier associates earn an 8% residual fee charge, capped at 100 SUT every week
- Grade B tier associates earn a 9% residual fee charge, capped at 500 SUT every week
- Grade C tier associates earn a 9% residual fee charge, capped at 1000 SUT every week
- Grade D associates earn a ten% residual fee charge, capped at 3000 SUT every week
- Grade E associates earn a ten% residual fee charge, capped at 10,000 SUT every week
- Grade F tier associates earn an 11% residual fee charge, capped at 25,000 SUT every week
- Grade G tier associates earn an 11% residual fee charge, capped at 50,000 SUT every week
- Grade H tier associates earn a 12% residual fee charge, capped at 100,000 SUT every week
Matching Bonus
Xaindex pays a Matching Bonus through the identical unilevel construction used to pay referral commissions (see “Referral Commissions” above).
Whereas referral commissions are capped at 4 unilevel workforce ranges, the Matching Bonus pays down ten unilevel workforce ranges.
The Matching Bonus is paid as a share of residual commissions earned throughout these ten ranges based mostly on rank:
- Rank 1 associates earn a 5% match on stage 1 (personally recruited associates), 2% on stage 2 and 1% on stage 3
- Rank 2 associates earn a 5% match on stage 1, 3% on stage 2 and 1% on ranges 3 and 4
- Rank 3 associates earn a 5% match on stage 1, 4% on stage 2, 2% on stage 3 and 1% on ranges 4 and 5
- Rank 4 associates earn a 6% match on stage 1, 5% on stage 2, 3% on stage 3, 2% on stage 4 and 1% on ranges 5 and 6
- Rank 5 associates earn a 7% match on stage 1, 5% on stage 2, 4% on stage 3, 3% on stage 4, 2% on stage 5 and 1% on stage 6
- Rank 6 associates earn a 7% match on stage 1, 6% on stage 2, 5% on stage 3, 4% on stage 4, 3% on stage 5, 2% on stage 6 and 1% on stage 7
- Rank 7 associates earn an 8% match on stage 1, 6% on stage 2, 5% on ranges 3 and 4, 4% on stage 5, 3% on stage 6 and 1% on stage 7
- Rank 8 associates earn an 8% match on stage 1, 7% on stage 2, 6% on stage 3, 5% on ranges 4 and 5, 4% on stage 6, 2% on stage 7 and 1% on stage 8
- Rank 9 associates earn a 9% match on stage 1, 7% on stage 2, 6% on ranges 3 and 4, 5% on ranges 5 and 6, 3% on stage 7 and 1% on stage 8
- Rank 10 associates earn a 9% match on stage 1, 8% on stage 2, 7% on stage 3, 6% on ranges 4 and 5, 5% on stage 6, 4% on stage 7 and 1% on stage 8
- Rank 11 associates earn a ten% match on stage 1, 8% on stage 2, 7% on ranges 3 and 4, 6% on ranges 5 and 6, 5% on stage 7, 2% on stage 8 and 1% on stage 9
- Rank 12 associates earn a ten% match on stage 1, 9% on stage 2, 8% on stage 3, 7% on ranges 4 and 5, 6% on stage 6, 5% on stage 7, 3% on stage 8 and 1% on stage 9
- Rank 13 associates earn an 11% match on stage 1, 9% on stage 2, 8% on ranges 3 and 4, 7% on ranges 5 and 6, 6% on stage 7, 4% on stage 8 and 1% on ranges 9 and 10
- Rank 14 associates earn an 11% match on stage 1, 10% on stage 2, 9% on stage 3, 8% on ranges 4 and 5, 7% on stage 6, 6% on stage 7, 5% on stage 8, 2% on stage 9 and 1% on stage 10
- Rank 15 associates earn a 12% match on stage 1, 10% on stage 2, 9% on ranges 3 and 4, 8% on ranges 5 and 6, 7% on stage 7, 5% on stage 8, 3% on stage 9 and a pair of% on stage 10
Rank Achievement Bonus
Xaindex rewards associates for qualifying at Rank 1 and better with the next one-time Rank Achievement Bonuses:
- qualify at Rank 1 and obtain 100 SUT
- qualify at Rank 2 and obtain 200 SUT
- qualify at Rank 3 and obtain 500 SUT
- qualify at Rank 4 and obtain 1000 SUT
- qualify at Rank 5 and obtain 2000 SUT
- qualify at Rank 6 and obtain 3500 SUT
- qualify at Rank 7 and obtain 5000 SUT
- qualify at Rank 8 and obtain 10,000 SUT
- qualify at Rank 9 and obtain 25,000 SUT
- qualify at Rank 10 and obtain 50,000 SUT
- qualify at Rank 11 and obtain 100,000 SUT
- qualify at Rank 12 and obtain 250,000 SUT
- qualify at Rank 13 and obtain 500,000 SUT
- qualify at Rank 14 and obtain 750,000 SUT
- qualify at Rank 15 and obtain 1,000,000 SUT
Becoming a member of Xaindex
Xaindex affiliate membership is free.
Full participation within the hooked up earnings alternative requires an preliminary 100 to 100,000 USDT funding.
Xaindex Conclusion
Xaindex is one more MLM crypto Ponzi scheme hiding behind an AI advertising grift:
XAINDEX is a high-tech crypto platform developed by distinctive specialists with greater than 7 years of expertise within the sensible utility of assorted neural networks and synthetic intelligence fashions in investments and conventional enterprise processes.
Anytime you see actors/fashions fronting an MLM firm, it’s a secure guess that every little thing on their web site is baloney.
However Xaindex fails to supply verifiable proof of any of its advertising claims.
With Xaindex we seem to have Russian scammers hiding behind cliched ASIC registration.
If we run a search on ASIC’s web site, we discover Xaindex Applied sciences PTY LTD was registered with ASIC on November thirtieth, 2022.
Up to now all that’s been filed is a 3-page Utility for Registration as a Proprietary Firm.
With out audited monetary studies, Xaindex’s ASIC registration is as meaningless as primary shell firm registration.
All of the scammers behind Xaindex have accomplished is register an Australian shell firm (Xaidnex Applied sciences PTY LTD) with bogus particulars, and paid ASIC to register it.
This requires no verification, and by the point ASIC does something in regards to the bogus registration Xaindex can be lengthy gone.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Xaindex of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of contributors lose cash.
Xaindex’s inevitable exit-scam is baked in with their SUT token.
Xaindex’s Ponzi scheme is constructed round SUT. Changing SUT again into tether occurs inside Xaindex, up till it collapses.
No matter whether or not SUT is dumped on dodgy public exchanges in some unspecified time in the future, when Xaindex collapses traders can be left bagholding one more nugatory Ponzi token.