Sunday, July 31, 2022
HomeNetwork MarketingNDT token "metaverse" grift Ponzi scheme

NDT token “metaverse” grift Ponzi scheme


Metanetix fails to supply possession or government data on its web site.

Metanetix’s web site area (“metanetix.io”), was privately registered on April 1st, 2022.

In an try to look reputable, Metanetix gives an incorporation certificates for NDT Metaverse LTD.

NDT Metaverse LTD was integrated within the UK on April twenty first, 2022.

An MLM firm working or claiming to function out of the UK is a pink flag.

UK incorporation is filth low-cost and successfully unregulated. On prime of that the FCA, the UK’s prime monetary regulator, don’t actively regulate MLM associated securities fraud.

Because of this the UK is a well-liked jurisdiction for scammers seeking to incorporate, function and promote fraudulent firms.

For the aim of MLM due-diligence, incorporation within the UK or registration with the FCA is meaningless.

Damaged English in Metanetix advertising and marketing materials suggests non-native English audio system are behind the corporate.

Contemplating advertising and marketing movies on Metanetix’s official YouTube channel are solely in English and Hindi, there’s probability whoever’s operating the scheme has ties to India.

As at all times, if an MLM firm just isn’t brazenly upfront about who’s operating or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.

Metanetix’s Merchandise

Metanetix has no retailable services or products.

Associates are solely capable of market Metanetix affiliate membership itself.

Metanetix’s Compensation Plan

Metanetix associates make investments USD equivalents of their NDT token.

That is executed on the promise of an marketed 150% to 400% ROI:

  • Staking B1 – make investments $100 and obtain 3% per week for 50 weeks (150%)
  • Staking B2 – make investments $500 and obtain 4% per week for 50 weeks (200%)
  • Staking B3 – make investments $1500 and obtain 5% per week for 50 weeks (250%)
  • Staking B4 – make investments $3000 and obtain 6% per week for 50 weeks (300%)
  • Staking B5 – make investments $7000 and obtain 7% per week for 50 weeks (350%)
  • Staking B6 – make investments $15,000 and obtain 8% per week for 50 weeks (400%)

Returns are paid in NDT token, a shit token that has no worth exterior of Metanetix itself.

Be aware that MLM commissions and bonus rely in direction of the whole ROI quantities above. As soon as the whole ROI quantity has been reached, reinvestment is required to proceed incomes.

Additionally word that Metanetix withholds 50% of withdrawal quantities. They declare this quantity is used to fund Metanetix’s MLM compensation plan.

The MLM facet of Metanetix pays on recruitment of affiliate buyers.

Referral Commissions

Metanetix pays referral 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 instantly underneath them (degree 1):

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

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.

Metanetix caps payable unilevel workforce ranges at twenty.

Referral commissions are paid as a share of funds invested throughout these twenty ranges as follows:

  • degree 1 (personally recruited associates) – 10%
  • degree 2 – 3% (should recruit two affiliate buyers to qualify)
  • degree 3 – 4% (should recruit three affiliate buyers to qualify)
  • degree 4 – 5% (should recruit 4 affiliate buyers to qualify)
  • ranges 5 to twenty – 1% (should recruit 5 affiliate buyers to qualify)

ROI Referral Commissions

Metanetix pays a referral fee on returns earned by downline associates.

ROI referral commissions are paid out utilizing the identical twenty-level deep unilevel workforce used to pay common referral commissions (see “Referral Commissions” above).

  • degree 1 – 10%
  • degree 2 – 3% (should generate $500 in downline funding quantity)
  • degree 3 – 4% (should generate $1000 in downline funding quantity)
  • degree 4 – 5% (should generate $2000 in downline funding quantity)
  • degree 5 – 1% (should generate $4000 in downline funding quantity)

Matching Bonus

Metanetix pays a Matching Bonus by way of 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 degree of the binary workforce homes two positions. The second degree 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 degree housing twice as many positions because the earlier degree.

Positions within the binary workforce are crammed by way of 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 day Metanetix tallies up earnings earned on each side of the binary workforce.

Associates obtain a 5% match on earned earnings throughout their weaker binary workforce facet.

Be aware that this quantity is capped primarily based on which Staking funding package deal was invested in:

  • Staking B1 associates can earn as much as $100 a day
  • Staking B2 associates can earn as much as $500 a day
  • Staking B3 associates can earn as much as $1500 a day
  • Staking B4 associates can earn as much as $3000 a day
  • Staking B5 associates can earn as much as $7000 a day
  • Staking B6 associates can earn as much as $15,000 a day

World Becoming a member of Bonus

The World Becoming a member of Bonus is a self-contained recruitment bonus.

Participation within the World Becoming a member of Bonus requires buy of a “Thunder” package deal:

  • Thunder A1 – $30
  • Thunder A2 – $70
  • Thunder A3 – $150
  • Thunder A4 – $300
  • Thunder A5 – $600

The World Becoming a member of Bonus is tracked by way of a straight-line queue. That’s you enroll and get a place within the queue. Everybody who purchases a Thunder package deal after you is positioned after you within the queue.

The Bonus is paid on as much as forty positions beneath you. That’s forty extra Thunder package deal purchases by anybody in Metanetix.

The World Becoming a member of Bonus is paid as 1% of earnings acquired by associates on as much as 40 positions beneath you:

  • Thunder A1 package deal associates earn the World Becoming a member of Bonus on 20 positions
  • Thunder A2 package deal associates earn the World Becoming a member of Bonus on 24 positions
  • Thunder A3 package deal associates earn the World Becoming a member of Bonus on 30 positions
  • Thunder A4 package deal associates earn the World Becoming a member of Bonus on 36 positions
  • Thunder A5 package deal associates earn the World Becoming a member of Bonus on 40 positions

World Distribution Bonus

The World Distribution Bonus is paid on as much as twenty queue ranges above and beneath the affiliate withdrawing.

This is identical queue construction used for the World Becoming a member of Bonus (see above).

What number of positions up and down within the queue, relative to their very own place, a Metanetix affiliate qualifies to obtain the World Distribution Bonus on, is decided by which Thunder package deal they bought:

  • Thunder A1 package deal associates qualify for the World Distribution Bonus ten queue ranges above and beneath them
  • Thunder A2 package deal associates qualify for the World Distribution Bonus twelve queue ranges above and beneath them
  • Thunder A3 package deal associates qualify for the World Distribution Bonus fifteen queue ranges above and beneath them
  • Thunder A4 package deal associates qualify for the World Distribution Bonus eighteen queue ranges above and beneath them
  • Thunder A5 package deal associates qualify for the World Distribution Bonus twenty queue ranges above and beneath them

The World Distribution Bonus is paid as 1% of withdrawal quantities made on positions a Metanetix affiliate is certified to earn the bonus on.

5 Marvel Bonus

If a Metanetix affiliate recruits 5 associates who make investments on the similar or larger tier they invested at, inside 10 days of becoming a member of, they obtain a refund on their funding quantity.

Becoming a member of Metanetix

Metanetix affiliate membership is free.

Full participation within the hooked up earnings alternative requires:

  1. funding of $100 to $15,000 in a Staking B* package deal; and/or
  2. $30 to $600 spent on a Thunder A* package deal.

Metanetix Conclusion

Shortly after Mark Zuckerberg did that Metaverse Fb speak late final yr, each crypto scammer underneath the solar began banging on about it.

Though the grift has largely run its course, you continue to have firms round like Metanetix utilizing it to market their Ponzi scheme.

Metanetix has nothing to do with tHe MeTaVerSe. It’s a easy shit token Ponzi scheme.

Though they fake NDT token is a separate firm Metanetix is in a “partnership” with, it’s fairly apparent that is all being run by the identical group of scammers.

NDT is a BEP-20 token, created on the Binance Smartchain. These take a couple of minutes to arrange at little to no price.

Metanetix associates put money into NDT token, park the tokens with the corporate (staking), and gather a passive return. They money out subsequently invested funds, making Metanetix a Ponzi scheme.

The MLM facet of the enterprise, together with the Thunder A* packages, add a number of pyramid layers to the scheme.

In a nutshell, you’ve gotten Metanetix producing NDT on demand to run their Ponzi scheme. Over time the quantity of NDT spirals uncontrolled, whereas precise cryptocurrency left to withdraw inevitably shrinks.

Vital mass is reached when Metanetix’s admins determine operating the Ponzi is now not worthwhile. They’ll then exit-scam, leaving Metanetix associates bagholding yet one more nugatory Ponzi token.

Math ensures nearly all of contributors in Ponzi schemes lose cash.



RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments