Coinaxium fails to supply firm possession or govt info on its web site.
Coinaxium’s web site area (“coinaxium.com”), was privately registered on March eleventh, 2022.
SimilarWeb reviews an uptick of visitors to Coinaxium’s web site starting June 2022:
Prime sources of visitors are France (36%), the UK (21%) and Switzerland.
As at all times, if an MLM firm just isn’t overtly upfront about who’s operating or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
Coinaxium’s Merchandise
Coinaxium has no retailable services or products.
Associates are solely in a position to market Coinaxium affiliate membership itself.
Coinaxium’s Compensation Plan
Coinaxium funnels traders into numerous crypto Ponzi schemes:
On the prime of the record is CoinAxium itself, a 250% ROI Ponzi run via inhouse AXIUM.
Different Ponzi schemes featured are:
Funding into Coinaxium’s featured Ponzi schemes takes place via $50 to $20,000 “packages”.
The MLM aspect of Coinaxium pays on recruitment of affiliate traders.
CoinAxium Affiliate Ranks
Coinaxium’s compensation plan has eleven affiliate ranks.
Together with their qualification standards, they’re as follows:
- VIP0 – enroll as a Coinaxium affiliate
- VIP1 – make investments $50 into Coinaxium’s featured Ponzi schemes
- VIP2 – make investments $100 into Coinaxium’s featured Ponzi schemes
- VIP3 – make investments $500 into Coinaxium’s featured Ponzi schemes
- VIP4 – make investments $1000 into Coinaxium’s featured Ponzi schemes
- VIP5 – make investments $2000 into Coinaxium’s featured Ponzi schemes
- VIP6 – make investments $5000 into Coinaxium’s featured Ponzi schemes
- VIP7 – make investments $7000 into Coinaxium’s featured Ponzi schemes
- VIP8 – make investments $10,000 into Coinaxium’s featured Ponzi schemes
- VIP9 – make investments $15,000 into Coinaxium’s featured Ponzi schemes
- VIP10 – make investments $20,000 into Coinaxium’s featured Ponzi schemes
Observe that investments qualify a Coinaxium affiliate for 120 days.
After 120 days reinvestment is required to rank qualify once more.
Referral Commissions
Coinaxium associates earn a proportion of funds invested by personally recruited associates:
- VIP0 ranked associates earn a 2% referral fee
- VIP1 ranked associates earn a 4% referral fee
- VIP2 ranked associates earn a 4.5% referral fee
- VIP3 ranked associates earn a 5% referral fee
- VIP4 ranked associates earn a 5.5% referral fee
- VIP5 ranked associates earn a 6% referral fee
- VIP6 ranked associates earn a 6.5% referral fee
- VIP7 ranked associates earn a 7% referral fee
- VIP8 ranked associates earn an 8% referral fee
- VIP9 ranked associates earn a 9% referral fee
- VIP10 ranked associates earn a ten% referral fee
Residual Commissions
Coinaxium pays residual commissions by way of 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 beneath 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.
Residual commissions are paid as 10% of funds invested, capped throughout fifty unilevel workforce ranges.
- VIP0 associates earn a 2% residual fee on one stage (personally recruited associates)
- VIP1 associates earn a 4% residual fee throughout 5 ranges
- VIP2 associates earn a 4.5% residual fee throughout ten ranges
- VIP3 associates earn a 5% residual fee throughout fifteen ranges
- VIP4 associates earn a 5.5% residual fee throughout twenty ranges
- VIP5 associates earn a 6% residual fee throughout twenty-five ranges
- VIP6 associates earn a 6.5% residual fee throughout thirty ranges
- VIP7 associates earn an 7% residual fee throughout thirty-five ranges
- VIP8 associates earn a 8% residual fee throughout forty ranges
- VIP9 associates earn a 9% residual fee throughout forty-five ranges
- VIP10 associates earn a ten% residual fee throughout fifty ranges
Residual fee quantities are coded, which means 10% is paid on all Coinaxium funding.
VIP10 associates earn the complete 10% on funding by any associates they refer.
Residual commissions are calculated because the distinction between decrease ranks.
E.g. A VIP5 affiliate recruits an affiliate who invests. At VIP5 they earn a 6% residual fee, with 4% left to pay out (10% minus 6%).
The system then searches upline for a VIP6 or greater ranked affiliate.
- if a VIP6 is discovered first, they’re paid 0.5% (6.5% minus the 6% already paid out), leaving 3.5% to pay upline to VIP7 and/or greater ranked associates
- if a VIP7 is discovered first, they’re paid 1% (7% minus the 6% already paid out), leaving 3% to pay upline to VIP8 and/or greater ranked associates
- if a VIP8 is discovered first, they’re paid 2% (8% minus the 6% already paid out), leaving 2% to pay upline to VIP9 and/or greater ranked associates
- VIP9 and VIP10 are paid in the identical method, following 9% and 10% rank funds respectively.
Observe that any time a VIP10 affiliate is discovered, they obtain the complete quantity pending to be paid out.
Becoming a member of Coinaxium
Coinaxium affiliate membership is free.
Full participation within the connected revenue alternative requires a $50 to $20,000 funding each 180 days.
Coinaxium Conclusion
Coinaxium markets itself as a
go-to secure and safe market for everybody from a brand new bee to knowledgeable person.
There’s nothing secure about Ponzi schemes. In actuality Coinaxium is a downline feeder for whoever is operating the location.
I’m unsure whether or not Coinaxium funding packages are plugged immediately into the third-party Ponzis or whether or not the admin manually transfers Ponzi cash from their very own backoffice.
Both method, on prime of the MLM compensation plan, Coinaxium’s proprietor advantages every time somebody invests in a Ponzi scheme via Coinaxium.
The MLM aspect of Coinaxium features as a pyramid scheme, as soon as once more primarily benefiting Coinaxium’s proprietor.
Coinaxium’s personal Ponzi scheme is the same old staking nonsense (spend money on a shitcoin, park it with the corporate and obtain extra of the shitcoin).
AXIUM is a BEP-20 shitcoin. BEP-20 shitcoins run on the Binance Good Chain. They take a couple of minutes to arrange at little to no price.
Just like the third-party Ponzis promoted by Coinaxium, it’s personal Ponzi will final so long as there’s invested crypto to steal (AXIUM itself is nugatory).
Be it Coinaxium’s personal Ponzi or the promoted third-party scams, math ensures the vast majority of traders in any Ponzi scheme will lose cash.
