Frode Jorgensen has appointed a brand new Daxio CEO.
As Daxio’s new CEO, Robert Malkvist’s first order of enterprise was to offer Daxio victims the finger.
Talking on a Could twenty eighth Daxio webinar, Malkvist straight addressed Daxio victims;
[3:22] I don’t owe you guys something, Okay? You didn’t come and make investments with me, you guys invested in one thing earlier than me.
So anybody spitting negativity, or has something destructive to say, take your cash and get the fuck out.
From Malkvist’s personal phrases, it seems Jorgensen has handed him full management of Daxio.
[5:28] I’m dealing with the cash now. I’m accountable right here for the cash. The cash’s going to go the place I would like it to go. Now I’m accountable.
You guys who invested earlier than me and need to maintain me chargeable for it? No. Take your fucking cash and get the fuck out.
Daxio began again in 2021 because the fourth reboot of the collapsed International Sport Enviornment Ponzi scheme.
In 2021 a sports activities betting bot was added. In 2022, Daxio pivoted to an NFT and metaverse grift.
Following the information Daxio was beneath regulatory investigation in Norway, Daxio withdrawal delays started in September 2022.
BehindMLM referred to as Daxio’s collapse in January 2023. In February 2023 Jorgensen claimed hitmen have been after him and that he’d fled Thailand.
Complete Daxio investor numbers and the way a lot they’ve misplaced stays unknown.
As of April 2023, SimilarWeb tracked the vast majority of Daxio’s main web site site visitors originating out of Sweden (42%), Hungary (20%) and Malta (16%).
So who’s Robert Malkavist and what’s he doing working Daxio?
[5:58] You guys can look me up on the web. What do you see? Nothing. That’s how I would like it.
My impression is Malkavist is he’s an unstable particular person having one thing of a midlife disaster.
Malkavist, initially from Sweden, cites himself as an American citizen. He had a sporting background at a younger age however after that didn’t work out, bought into building and “grew to become an asshole”.
After having a coronary heart assault a number of years in the past, Malkavist moved to Phuket, Thailand.
On the refund aspect of issues (which is just about all anybody in Daxio cares about), Malkivist claims that Frode will fund refunds with the cash he paid him.
[6:01] Take heed to this very rigorously; I don’t owe you something.
I’m right here, and I made a cope with Frode and the remainder of the crew to buy majority inventory of this firm. For “X” quantity of {dollars}.
This “X” quantity of {dollars} is sufficient to pay each one in every of you again. If it was me, I wouldn’t pay you guys shit again.
Trying ahead, Malkavists’ plans for Daxio embody shopping for a lodge.
[44:00] So we, Daxio, we’re gonna purchase this lodge. Okay?
And each funding that you simply make any longer will likely be micro-pieces of proudly owning a lodge. The extra you purchase the extra lodge you personal.
Regardless of representations of wealth…
…Malkavist claims he’s having hassle getting a mortgage to purchase the lodge as a result of “the financial institution received’t give me shit”.
From a logical standpoint, it’s unclear why a lodge turning a revenue would wish Daxio or its hooked up NFT and metaverse grifts. Looks like one thing you may simply as simply do with out a five-times collapsed Ponzi scheme.
Different Daxio updates from Jorgensen embody a brand new web site.
Daxio’s failed SDAX staking continues to be a factor, though an “unstaking” choice will likely be added in some unspecified time in the future.
Jorgensen additionally claims the brand new Daxio is “now not a community advertising firm”.
Daxio’s new enterprise mannequin sees it take 40% of invested funds and put it right into a Star Distribution Reward.
The Star Distribution Reward pays out primarily based on collected stars.
Daxio associates accumulate stars straight and not directly through recruitment:
As you may see above, stars are distributed down 5 ranges of recruitment. So uh yeah, Daxio continues to be very a lot an MLM firm.
In response to Mlkvist, Daxio will begin refunding victims in mid June.
Buyers who refuse a refund and choose to proceed shedding cash, must pay a brand new Daxio license payment.
If Jorgensen does truly pay out Daxio victims subsequent month, I can’t see a lot taking place past that.
Failing which, we’ll preserve you posted on the inevitable excuses as they’re rolled out.