Nixinfinity operates within the cryptocurrency MLM area of interest.
The corporate presents a solid of executives on its web site:
None of Nixinfinity’s executives exist outdoors of its personal advertising and marketing materials. That’s as a result of they’re performed by actors.
Nixinfinity CEO “Matt David” is performed by Moscow-based actor Vladislav Igorevich Rylev.
Rylev’s actor portrait leaves room for doubt, so right here’s a bio that includes a photograph with extra comparable facial hair:
Rylev posing as Nixinfinity’s Boris CEO confirms Russians are behind the scheme.
Nixinfinity’s web site area (“nixinfinity.com”), was privately registered on August 2nd, 2023.
In an try to look official, Nixinfinity gives an incorporation certificates for Nixinfinity – AI LTD on its web site.
Nixinfinity – AI LTD was registered within the UK in Could 2017. Given Nixinfinity is only some weeks outdated, this seems to be misappropriation of an unrelated current shell firm.
As all the time, if an MLM firm just isn’t overtly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
Nixinfinity’s Merchandise
Nixinfinity has no retailable services or products.
Associates are solely capable of market Nixinfinity affiliate membership itself.
Nixinfinity’s Compensation Plan
Nixinfinity associates make investments cryptocurrency on the promise of marketed returns:
- make investments $50 to $100,000 in cryptocurrency and obtain 12% a day for 12 days
- make investments $2000 to $100,000 in cryptocurrency and obtain 14% a day for 12 days
The MLM aspect of Nixinfinity pays on recruitment of affiliate traders.
Nixinfinity Affiliate Ranks
There are 5 affiliate ranks inside Nixinfinity’s compensation plan.
Together with their respecitive qualification standards, they’re as follows:
- Commonplace – join as a Nixinfinity affiliate
- Promoter – make investments $500 and generate $5000 in downline funding quantity
- Associate – make investments $700 and generate $15,000 in downline funding quantity
- VIP – make investments $1500 and generate $30,000 in downline funding quantity
- Senior – make investments $2500 and generate $100,000 in downline funding quantity
Referral Commissions
Nixifinity pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel crew, with each personally recruited affiliate positioned immediately below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel crew.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Nixinfinity caps referral commissions down six ranges of recruitment.
Referral commissions are paid as a share of cryptocurrency invested throughout these six ranges based mostly on rank:
- Commonplace ranked associates earn 6% on degree 1 (personally recruited associates), 2% on degree 2 and 1% on degree 3
- Promoter ranked associates earn 7% on degree 1, 2% on degree 2, 1% on degree 3 and 0.5% on degree 4
- Associate ranked associates earn 8% on degree 1, 2% on degree 2, 1% on ranges 3 and 4 and 0.5% on degree 5
- VIP ranked associates earn 9% on degree 1, 3% on degree 2 and 1% on ranges 3 to six
- Senior ranked associates earn 10% on degree 1, 3% on degree 2 and 1% on ranges 3 to six
Rank Achievement Bonus
Nixinfinty rewards associates for qualifying at VIP and Senior with one-time $500 and $2000 respective Rank Achievement Bonuses.
Nixinfinity Conclusion
Nixfinity represents it generates exterior income by way of an AI buying and selling bot.
Nixinfinity robotic is essentially the most good system of automated trade buying and selling for you.
Along with there being no proof of Nixinfinity paying withdrawal requests with buying and selling income, its enterprise mannequin fails the Ponzi logic take a look at.
If Nixinfinity already has an AI buying and selling bot legitimately producing 14% a day on a constant foundation, what do they want your cash for?
On the regulatory entrance Nixinfinity’s passive returns funding scheme represents a securities providing. This requires Nixinfinity to register with monetary regulators.
As an alternative of doing that and working legally, Nixinfinity misrepresents its misappropriated UK shell firm.
Nixinfinity Restricted is formally registered within the base jurisdictions for crypto-business – UK.
Placing apart “the bottom jurisdictions for crypto enterprise” isn’t a factor, if Nixinfinity is held to their bogus UK shell firm, they’re required to register with the FCA. They haven’t.
Why is Nixinfinity committing securities fraud and working illegally?
As a result of like their executives, there is no such thing as a AI buying and selling bot. Nixinfinity commits securities fraud as a result of it’s operating a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve Nixinfinity of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of members lose cash.