DemixMine Review – Is This A Good Opportunity Or Big Scam?
DemixMine has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling DemixMine.
I have simply gathered for you all the facts in this DemixMine Review in order for you to make a proper decision about it.
So, is it true? Is DemixMine a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is DemixMine?
DemixMine is one of the latest MLM opportunities to enter the market, and upon visiting the company’s website, everything looks rather nice from an aesthetic point of view.
However, once I started looking around for concrete background info, things started to go downhill rather quickly.
As good as it may look, DemixMine’s site is extremely lacking in content. There’s no mention of who owns the company, where in the world it’s based out of, or when it was first founded.
DemixMine’s domain name (demixmine.com) was registered earlier this year on March 12, 2017. This is great to know, but since the domain was registered privately, there’s no way of knowing who the owner of it is or where they were when the registration took place.
What Are The Products For DemixMine?
In keeping with the trend of poor business decisions, DemixMine doesn’t have any sort of product line to speak of.
Not a single thing is being sold or marketed to retail customers, and this leaves affiliates with only the affiliate membership to offer to people.
A setup like this results in there being no retail sales activity, and in the world of MLM, this is typically a telltale sign of a scheme or scam within the multi-level marketing underbelly.
What Is The Compensation Plan For DemixMine?
As for the compensation plan, DemixMine affiliates are asked to invest their cash so they can then earn a daily ROI.
The amount of the ROI that affiliates can earn depends on how much they choose to sink into DemixMine, and the available investment tiers are as follows —
- Earn a 3% daily ROI if you invest between $1 and $10
- Earn a 3.5% daily ROI if you invest between $11 and $100
- Earn a 4% daily ROI if you invest between $101 and $1000
- Earn a 4.5% daily ROI if you invest between $1001 and $10,000
- Earn a 5% daily ROI if you invest between $10,001 and $100,000
Additionally, affiliates can also earn referral commissions.
DemixMine pays out referral commissions via a unilevel system, and affiliates can earn 12% (plus a bonus of 10 cents) when recruiting level 1 members and 5% when recruiting those in level 2 of their downline.
What’s Does It Cost To Join DemixMine?
Interested in joining DemixMine? If so, the affiliate membership is free.
With that said, you’ll need to make an investment between $1 and $100,000 if you’d like to be able to earn on the advertised ROI.
Is DemixMine A Scam?
Have you heard from a friend that DemixMine is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about DemixMine – is it a scam or legit?
Good news – DemixMine is not really a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
DemixMine Review Conclusion
Offering a daily ROI of as much as 5% requires a lot of funds. According to DemixMine’s website, the funds that are used to pay these ROIs come from cloud mining of various cryptocurrencies:
“DemixMine offers cloud mining services, guaranteeing investment safety conditions and instant payments. The company represents a method of dividing mining power between multiple cryptocurrencies.
This system allows you to simultaneously mine the most popular cryptocurrency such as Bitcoin, Litecoin, Dogecoin, Ethereum, and Dash.”
You can have a legit MLM opportunity that’s centered around cryptocurrency mining, but the problem with DemixMine is that there’s no proof to show that this mining activity is really taking place.
The only money that’s evidently making its way into the company is that of affiliate investments, so it’s safe to say that newly invested funds are being turned around to pay off ROIs owed to other existing members.
Consequently, DemixMine is operating as a Ponzi scheme.
As with all other Ponzi schemes, only the anonymous admin(s) running DemixMine will earn any money from the company. Most all affiliates who join will likely never earn back more than what they initially invested, and once this investment/recruitment activity eventually dies down, DemixMine will be no more.
I sure hope that you have found my DemixMine review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my DemixMine review to have all the information for you.
If you decide to carry forward with DemixMine, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.