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DefiNetworx

DefiNetworx Review: 5000% ROI Ponzi with token exit-scam (2022)

Source: DefiNetworx

DefiNetworx Review: 5000% ROI Ponzi with token exit-scam (2022) -DefiNetworx’s website contains no information on who owns or runs the company.

On August 4th, 2021, DefiNetworx’s website domain (“definetworx.com”) was privately registered.

DefiNetworx claims to be “headquartered in the United Kingdom and Lugano, Switzerland” on their website.

DefiNetworx
DefiNetworx

There is no evidence to back up this assertion.

Further investigation finds official DefiNetworx marketing materials naming “Norberto Parisella” as the company’s CEO.

Parisella is represented by a cropped portrait of an unknown man. Outside of DefiNetworx marketing materials, he does not exist.

Massimiliano Camozza, the CTO of DefiNetworx, appears to be a real person.

Polo Swiss AG looks to be a Swiss-based blockchain bro firm. Camozza is identified as the CEO of Polo Swiss AG in the video above.

Polo Swiss AG now has a website, which may be found at “polomultimodal.” It appears to be associated with a Brazilian company known as Polo Multimodal Pecem.

There isn’t much going on. Since April 2021, “News” has not been updated. Since July 2020, Polo Swiss AG’s Facebook page has not been updated.

Camozza’s DefiNetworx company bio reads,

Whatever that is…

Massimiliano Camozza looks to be the genuine blockchain bro behind DefiNetworx, as opposed to Norberto Parisella.

SUBMIT A PRAYER REQUEST TODAY ... Don't IGNORE ⇑⇓⇑⇓

As always, if an MLM firm is not honest about who runs or controls it, consider twice before joining and/or turning over any money.

Products by DefiNetworx

There are no retailable items or services offered by DefiNetworx.

Affiliates can only promote DefiNetworx affiliate membership.

The Compensation Plan of DefiNetworx

Affiliates of DefiNetworx invest tether and bitcoin on the promise of advertised returns, with a maximum ROI of 5000 percent.

Bronze – invest $100 and get up to 900%

Invest $250 in silver and gain up to 1100 percent.

Crystal – invest $500 and earn up to 1400%

Invest $1000 in gold and receive up to 1700% return.

Ruby – invest $3000 and gain up to 2000%

Emerald – invest $5000 and earn up to 2200%

Diamond – invest $10,000 and get up to 2500%

Executives can make up to 3000 percent on their investment of $30,000.

Premium – invest $50,000 and earn up to 3500%

Royal – invest $100,000 and receive up to 4000 percent in return.

Royal Diamond – invest $250,000 and receive up to 5000 percent in return.

For 36 months, DefiNetworx pays returns as a variable daily percentage.

DefiNetworx’s MLM business is based on the recruitment of affiliate investors.

It is important to note that in order to qualify for residual commissions and the Matching Bonus, an affiliate must recruit and retain two affiliates with active investments.

Commissions for Referrals

On monies invested by individually recruited affiliates, DefiNetworx pays a 5% commission.

Commissions on Recurring Sales

A binary compensation mechanism is used by DefiNetworx to pay residual commissions.

In a binary compensation system, an affiliate is placed at the top of a binary team, which is divided into two sides (left and right):

The binary team’s first level has two slots. The binary team’s second level is created by dividing the first two positions into two more positions each (4 positions).

As needed, subsequent levels of the binary team are constructed, with each successive level containing twice as many spots as the previous level.

Positions on the binary team are filled through direct and indirect affiliate recruitment. It should be noted that there is no limit to how deep a binary team can grow.

Definetworx totals fresh investment volume on both sides of the binary team at the conclusion of each day.

DefiNetworx gives residual commissions of 8% on monies invested in their weaker binary team.

According to DefiNetworx’s incentive structure, affiliates can earn “up to $300,000 each month in binary bonus.” There are no other details offered.

Bonus for Matching

A Matching Bonus is paid by DefiNetworx through a unilevel compensation structure.

In a unilevel compensation system, an affiliate is put at the head of a unilevel team, with every individually recruited affiliate placed right beneath them (level 1):

If any level 1 affiliates acquire new affiliates, they are assigned to the original affiliate’s unilevel team at level 2.

If any level 2 affiliates recruit new affiliates, they are promoted to level 3, and so on for an unlimited number of levels.

The Matching Bonus is limited to eight unilevel team levels by DefiNetworx.

The Matching Bonus is distributed as a percentage of residual commissions earned and daily ROI distributed over these ten levels as follows:

level 1 (affiliates individually recruited) – 3%

1% for levels 2 to 10

Participating in DefiNetworx

Affiliate membership in DefiNetworks costs $10, plus a $100 to $250,000 initial investment.

The more an affiliate invests, the more revenue they can earn through DefiNetworx’s compensation model.

DefiNetworx is looking for investors in tether and bitcoin.

Conclusion of DefiNetworx

DefiNetworx employs the standard MLM crypto Ponzi ruses to describe how it pays returns of up to 5000 percent:

There is no evidence that DefiNetworx earns any external money.

DefiNetworx again fails to produce evidence of registration with financial regulators, although obviously proposing a security in the form of a three-year passive investment plan.

This suggests that DefiNetworx is, at the very least, practicing securities fraud.

As of now, new investment is the sole verified source of revenue entering DefiNetworx.

DefiNetworx is a Ponzi scheme since it uses new investments to pay out daily profits. The payment of fees on cash invested by recruited affiliates adds another pyramid layer to the plan.

When recruiting dries up, so will fresh investment, as with all MLM Ponzi scams.

DefiNetworx will continue to pay monopoly money returns to affiliate backoffices, but will be unable to pay withdrawals in the future.

When this occurs, it looks that DefiNetworx’s preferred exit-scam is the token launch.

This will result in the launch of DefiNetwork’s own token. Withdrawals will eventually be converted to tokens, entangling invested assets within the system.

DefiNetworx will first reimburse withdrawals when affiliates cash out their tokens under the token exit-scam model.

That will ultimately dry up, leaving the majority of DefiNetworkx associates with yet another useless MLM shitcoin in their possession.

Ponzi schemes are mathematically certain to lose money for the vast majority of participants.

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