Metanetix fails to offer 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 respectable, Metanetix gives an incorporation certificates for NDT Metaverse LTD.
NDT Metaverse LTD was included within the UK on April twenty first, 2022.
An MLM firm working or claiming to function out of the UK is a purple flag.
UK incorporation is dust low cost and successfully unregulated. On high of that the FCA, the UK’s high monetary regulator, don’t actively regulate MLM associated securities fraud.
Consequently the UK is a popular jurisdiction for scammers trying 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 materials suggests non-native English audio system are behind the corporate.
Contemplating advertising movies on Metanetix’s official YouTube channel are solely in English and Hindi, there’s a great probability whoever’s operating the scheme has ties to India.
As at all times, if an MLM firm shouldn’t be brazenly upfront about who’s operating or owns it, suppose 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 in a position to market Metanetix affiliate membership itself.
Metanetix’s Compensation Plan
Metanetix associates make investments USD equivalents of their NDT token.
That is finished 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.
Word that MLM commissions and bonus rely in the direction of the whole ROI quantities above. As soon as the whole ROI quantity has been reached, reinvestment is required to proceed incomes.
Additionally observe that Metanetix withholds 50% of withdrawal quantities. They declare this quantity is used to fund Metanetix’s MLM compensation plan.
The MLM aspect of Metanetix pays on recruitment of affiliate traders.
Referral Commissions
Metanetix pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel staff, with each personally recruited affiliate positioned instantly below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
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 staff 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 traders to qualify)
- degree 3 – 4% (should recruit three affiliate traders to qualify)
- degree 4 – 5% (should recruit 4 affiliate traders to qualify)
- ranges 5 to twenty – 1% (should recruit 5 affiliate traders 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 staff 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 high of a binary staff, break up into two sides (left and proper):
The primary degree of the binary staff homes two positions. The second degree of the binary staff is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary staff are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary staff are stuffed by way of direct and oblique recruitment of associates. Word there is no such thing as a restrict to how deep a binary staff can develop.
On the finish of every day Metanetix tallies up revenue earned on either side of the binary staff.
Associates obtain a 5% match on earned revenue throughout their weaker binary staff aspect.
Word that this quantity is capped based mostly on which Staking funding bundle 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
International Becoming a member of Bonus
The International Becoming a member of Bonus is a self-contained recruitment bonus.
Participation within the International Becoming a member of Bonus requires buy of a “Thunder” bundle:
- Thunder A1 – $30
- Thunder A2 – $70
- Thunder A3 – $150
- Thunder A4 – $300
- Thunder A5 – $600
The International Becoming a member of Bonus is tracked by way of a straight-line queue. That’s you join and get a place within the queue. Everybody who purchases a Thunder bundle 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 bundle purchases by anybody in Metanetix.
The International Becoming a member of Bonus is paid as 1% of earnings acquired by associates on as much as 40 positions beneath you:
- Thunder A1 bundle associates earn the International Becoming a member of Bonus on 20 positions
- Thunder A2 bundle associates earn the International Becoming a member of Bonus on 24 positions
- Thunder A3 bundle associates earn the International Becoming a member of Bonus on 30 positions
- Thunder A4 bundle associates earn the International Becoming a member of Bonus on 36 positions
- Thunder A5 bundle associates earn the International Becoming a member of Bonus on 40 positions
International Distribution Bonus
The International 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 International 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 International Distribution Bonus on, is set by which Thunder bundle they bought:
- Thunder A1 bundle associates qualify for the International Distribution Bonus ten queue ranges above and beneath them
- Thunder A2 bundle associates qualify for the International Distribution Bonus twelve queue ranges above and beneath them
- Thunder A3 bundle associates qualify for the International Distribution Bonus fifteen queue ranges above and beneath them
- Thunder A4 bundle associates qualify for the International Distribution Bonus eighteen queue ranges above and beneath them
- Thunder A5 bundle associates qualify for the International Distribution Bonus twenty queue ranges above and beneath them
The International Distribution Bonus is paid as 1% of withdrawal quantities made on positions a Metanetix affiliate is certified to earn the bonus on.
5 Surprise Bonus
If a Metanetix affiliate recruits 5 associates who make investments on the similar or greater 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 connected revenue alternative requires:
- funding of $100 to $15,000 in a Staking B* bundle; and/or
- $30 to $600 spent on a Thunder A* bundle.
Metanetix Conclusion
Shortly after Mark Zuckerberg did that Metaverse Fb speak late final 12 months, each crypto scammer below 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 accumulate a passive return. They money out subsequently invested funds, making Metanetix a Ponzi scheme.
The MLM aspect of the enterprise, together with the Thunder A* packages, add a number of pyramid layers to the scheme.
In a nutshell, you’ve 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.
Crucial mass is reached when Metanetix’s admins resolve operating the Ponzi is now not worthwhile. They’ll then exit-scam, leaving Metanetix associates bagholding one more nugatory Ponzi token.
Math ensures the vast majority of members in Ponzi schemes lose cash.
