Xegains Ventures Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Xegains Ventures is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Xegains Ventures, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Xegains Ventures as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Xegains Ventures in my Xegains Ventures Review – now you can learn all you need to know about it.
Is Xegains Ventures really a legit business?
Is Xegains Ventures a safe business to join?
Let me show you in my review of Xegains Ventures.
Exactly What Is Xegains Ventures?
With Xegains Ventures, the company’s official website indicates that someone by the name of Papper Jean Pierre is the official Founder of the business.
This is perfectly fine on its own, but after doing just a little bit of digging around, I discovered that this Jean Pierre fellow is entirely made up.
The profile photo that’s being used for Pierre on the Xegains Ventures website has been stolen from someone by the name of Ivica Marusic who is a frequent commenter on the website Quora.
The comments from Marusic on Quora date back to as late of the year 2015, and this greatly predates the official launch of Xegains that took place in April of this year (2016).
Combine all of this with the fact that there isn’t any information on Pierre outside of the Xegains Ventures website, and it’s quite likely that this person doesn’t actually exist.
There are a ton of other executive members present on the Xegains Ventures website, but the case for them is most likely the same as what we’re looking at here with Pierre.
The domain name registration for the Xegains Ventures website offers an address that’s located in Berlin, but it appears to be complete and utter bogus.
Current Alexa rankings for the Xegains Ventures website indicates that India is serving as the primary source for all traffic, as it accounts for 36.9% of all of it at the time of this writing. Malaysia is in second place with 20.2% of all the site traffic, suggesting that the anonymous admin that’s running Xegains Ventures is actually located in one of these two places.
What Is The Xegains Ventures Product Line?
In keeping with the trend of poor decisions, Xegains Ventures doesn’t have any sort of product line established at all. No goods or services are being marketed or sold to retail customers, resulting in a situation in which affiliates have only the affiliate membership to try and sell to individuals.
This is a move that is only ever seen with MLM scheme and scams, as no honest company can operate in this fashion. Product lines create for essential retail sales that often serve as the primary source of income, and the lack of a product line here likely means that the primary source of income is being sourced from the company’s affiliates.
What Can You Tell Me About The Compensation Plan For Xegains Ventures?
Hopping over to the compensation plan, affiliates for Xegains Ventures are told that they can earn an ROI of up to 450% by investing between $50 and $5000 into the company.
There are three main investment levels that affiliates can choose to put their money into, and the available levels are as follows –
- Venture Pool 1 – Affiliates invest between $50 and $500 in order to receive an ROI of 250% with a max payout of 0.5% per day
- Venture Pool 2 – Affiliates invest between $501 and $2000 in order to receive an ROI of 350% with a max payout of 0.65% per day
- Venture Pool 3 – Affiliates invest between $2001 and $5000 in order to receive an ROI of 450% with a max payout of 0.85% per day
Xegains Ventures also offers a referral commission of 10% off of any invested funds through personally recruited affiliates, and any investments that are made by a new recruit during your first 21 days of being a member for the company will increase that amount to 20%.
Residual commissions are also present within the Xegains Ventures compensation plan, and these are paid out to affiliates through the use of a binary payment system.
Qualifying for residual commission requires a member to recruit at least two other affiliates to join the company, and investing money into the company will allow you to earn more through the residual offerings.
Free affiliates are able to earn a 5% commission off of investment funds, with a cap set at $500.
Those who decide to invest money into Xegains Ventures will have that commission rate increased to 10%, and the cap is also raised to $1000.
Paying affiliates who hit that $1000 cap five times over the course of one month will have it increased to $1500, and hitting that amount five times throughout the month will bump it up once again to $2000.
What’s worth noting is that all of these caps are recurring on a daily basis.
What Will It Cost To Join Xegains Ventures?
If you’d like to become an affiliate for Xegains Ventures, you have the option of joining either for free or by investing in one of the Venture Pools that I outlined above.
Free members for the company are limited to earning on referral and residual commissions, whereas paying affiliates have access to that direct ROIs that are paid out.
When it comes to investing, pouring more and more money into the company will allow you to increase your overall earning potential.
Is Xegains Ventures A Scam?
If you have heard that Xegains Ventures is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Xegains Ventures 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 Xegains Ventures Review
Xegains Ventures wasn’t launched until April of 2016, but despite this, the company’s website tries to make a claim that they’ve been in business dating back as far as 2008.
As per the company’s website, “Our journey started as Angel Investors in year 2008. Our primary investment target was in various start-up companies and some of it became very successful and public listed.
When bitcoin and other Cryptocurrency was introduced, we recognized the future potential and were the pioneers to purchase bitcoins and other Cryptocurrency for investment.
In 2015, we welcomed a new group of Cryptocurrency investors to team up with us and formed an offshore venture capital company called Xegains Ventures. We decided to invest only in High-tech companies which accept Cryptocurrency for their business transactions.”
This contradicting info aside, the business model side of things for Xegains Ventures simply doesn’t work. If the creators of the company were somehow able to create some sort of system that paid out an ROI of up to 450%, why the heck would they be asking other people to invest into the company?
Answer – they wouldn’t.
This system likely doesn’t exist at all, and the use of newly invested funds to pay off existing affiliates results in Xegains Ventures operating as nothing more than just another Ponzi scheme.
As all these schemes go, Xegains Ventures will likely collapse once recruitment and investment levels die down. This will then result in the anonymous admin(s) to make off with the majority of all the earnings.
At the end of the day, most people will earn little to nothing.
I definitely hope you have found value in my Review of Xegains Ventures.
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 Xegains Ventures, make sure you take the time to learn how to market yourself!
My training below can help you with that.