Skyllex Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Skyllex is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Skyllex, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Skyllex as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Skyllex in my Skyllex Review – now you can learn all you need to know about it.
Is Skyllex really a legit business?
Is Skyllex a safe business to join?
Let me show you in my review of Skyllex.
Exactly What Is Skyllex?
In the case of Skyllex, we’ve got yet another MLM company that has decided to offer hardly any background information on its official website.
If you’re in search of data for who founded Skyllex, who owns it, or where in the world it is based out of, you want find anything at all.
Furthermore, this same lack of info can be found with the domain name registration for the site.
The domain name was first registered on July 31, 2015, but was then updated on June 2, 2016. This is good to know, but because the domain was registered privately, it’s impossible to tell who the owner may be or where they were when the registration took place.
Despite all of this, I was able to learn some rather interesting information about Skyllex.
For starters, the company is registered as SKYLLEX PTY LTD within the Australian Securities & Investments Commissions. What’s peculiar about this is the fact that Skyllex actually appears to be located in Russia, not Australia.
After just a little bit of digging, Skyllex’s presence in Russia became quite apparent.
Right off the bat, the default language for the company’s website and all of its Facebook posts use the Russian language. The fake admin account follows mostly Russian-based accounts, the only two “representatives” for Skyllex are based out of Russia, and the website was designed by someone of Russian origin, and more.
Furthermore, a link for Skype support on the Skyllex website takes you to a Skype account that bares the name of Tomas Jankauskas. Jankauskas is cited as the “General Director” for the business, and with this being the case, it’s very likely that this is the man that’s behind Skyllex.
What Is The Skyllex Product Line?
As for the product line that Skyllex has to offer, there’s very little to talk about.
Along the lines of lots of other MLM opportunities I’ve recently reviewed, there isn’t anything at all that’s being marketed or sold to retail customers. Affiliates are limited to selling the membership and nothing more, and this creates for a setup where it’s impossible for any retail sales to take place at all.
If you know a thing or two about MLM, then you know that this is never something that you want to run across.
What Can You Tell Me About The Compensation Plan For Skyllex?
If you for some reason decided that Skyllex was the MLM opportunity for you, you would then need to invest a good chunk of change into the company.
There are many different investment levels to choose from, and while they start out somewhat modest at $50, they increase to as much as $10,000,000. That’s right — 10 million.
ROIs start out at 150% after 30 days, but grow to as much as 2685% after 190 days if you have at least $100,000 to dump into Skyllex.
You can also earn off of residual commissions in addition to the direct ROIs that are paid out, and these are handled via a unilevel system that pays down to six levels of recruitment.
Just like the direct ROIs, investing more money into the company will allow you to maximize your earning potential with the residual commissions being advertised.
What Will It Cost To Join Skyllex?
If any of this sounds at all appealing to you, it’s free to initially get started with Skyllex. However, if you’d like the ability to earn money with your affiliate membership, you’ll need to invest anywhere from $50 up to $10,000,000.
Is Skyllex A Scam?
If you have heard that Skyllex is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Skyllex a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My Skyllex Review
If Skyllex looks like a shady company, that’s because it is. It’s being touted that the business is able to generate revenue and profit through mining cryptocurrency, investing in oil, real estate, and something referred to as “trader exchange.”
This all sounds fancy on the surface, but because there isn’t any evidence to support that this is actually taking place, none of it is true.
In fact, the only identifiable source of income for Skyllex is that of affiliate investment.
This means that invested funds are being used to pay ROIs that are owed to other members, and this results in Skyllex operating as nothing more than a Ponzi scheme.
Just like all other Ponzi schemes that I’ve come across, Skyllex will collapse once affiliate recruitment and investment levels die down. This will cause affiliates expecting ROIs to not get them and result in most people losing out.
This is how all Ponzi schemes go, and Skyllex likely won’t be any different.
I definitely hope you have found value in my Review of Skyllex.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with Skyllex, make sure you take the time to learn how to market yourself!
My training below can help you with that.