On its website, Coinaxium doesn’t say who owns the company or who runs it.
The website domain for Coinaxium, “coinaxium.com,” was registered privately on March 11, 2022.SimilarWeb says that the number of people visiting Coinaxium’s website will go up in June 2022:
Most visitors come from France (36%), the United Kingdom (21%), and Switzerland.
If an MLM company isn’t clear about who owns or runs it, you should always think twice before joining or giving them any money.
The Products of Coinaxium
Coinaxium has no products or services that can be sold.
Affiliates can only promote their Coinaxium affiliate membership.
The Pay Plan for Coinaxium
Coinaxium sends investors to different types of cryptocurrency Ponzi schemes:
First on the list is CoinAxium itself, which is a 250% ROI Ponzi scheme run by AXIUM.
These are some other Ponzi schemes:
LimoCoin SWAP was a Ponzi scheme run by fugitive Emile Simba that went bankrupt. Parfait GokuMarket was a 250% ROI Ponzi scheme that went bankrupt on July 5th.
Seederverse – 120% ROI Ponzi scheme
“Packages” of $50 to $20,000 can be bought to put money into the Ponzi schemes that Coinaxium lists.
The MLM part of Coinaxium pays people who bring in other investors as affiliates.
Affiliate Ranks for CoinAxium
There are eleven affiliate ranks in Coinaxium’s pay plan.
They are, along with their qualifications, the following:
VIP0: Sign up as an affiliate for Coinaxium
VIP1: Put $50 into one of the featured Ponzi schemes on Coinaxium.
VIP2: Put $100 into one of the Ponzi schemes that Coinaxium is advertising.
VIP3: Put $500 into one of the featured Ponzi schemes on Coinaxium.
VIP4: Put $1000 into one of the featured Ponzi schemes on Coinaxium.
VIP5: Put $2,000 into one of the featured Ponzi schemes on Coinaxium.
VIP6: Put $5,000 into one of the featured Ponzi schemes on Coinaxium.
VIP7: Put $7,000 into one of the featured Ponzi schemes on Coinaxium.
VIP8: Put $10,000 into one of the featured Ponzi schemes on Coinaxium.
VIP9: Put $15,000 into one of the featured Ponzi schemes on Coinaxium.
VIP10: Put $20,000 into one of the featured Ponzi schemes on Coinaxium.
Keep in mind that investments make a Coinaxium affiliate eligible for 120 days.
After 120 days, you have to reinvest to get back into the rankings.
Commissions for referrals
Affiliates of Coinaxium get a cut of the money invested by affiliates they bring in:
Affiliates who are ranked VIP0 get a 2% referral fee.
Affiliates who are ranked VIP1 get a 4% referral fee.
Affiliates who are ranked VIP2 get a 4.5% referral fee.
Affiliates who are ranked VIP3 get a 5% referral fee.
Affiliates who are ranked as VIP4 earn a 5.5% commission on referrals.
Affiliates who are ranked VIP5 get a 6% referral fee.
Affiliates who are ranked VIP6 get a 6.5% referral commission.
Affiliates who are ranked as VIP7 earn a 7% referral fee.
Affiliates who are ranked VIP8 get an 8% referral fee.
Affiliates who are ranked as VIP9 earn a 9% referral fee.
Affiliates who are in the VIP10 group get a 10% referral fee.
Commissions that don’t end
Coinaxium pays residual commissions via a unilevel compensation structure.
With a unilevel compensation structure, an affiliate is at the top of a unilevel team, and every other affiliate they recruit is right under them (level 1):
If an affiliate on level 1 brings in new affiliates, those new affiliates join the original affiliate’s unilevel team on level 2.
If any level 2 affiliates bring in new affiliates, they move to level 3, and so on until there are no more levels to go down.
Residual commissions are 10% of the money invested, up to a maximum of fifty unilevel team levels.
Affiliates of VIP0 get a 2% commission on one level (personally recruited affiliates)
Affiliates of VIP1 get a 4% commission on all five levels.
Affiliates for VIP2 get a 4.5% commission on ten levels.
Affiliates of VIP3 get a 5% commission on each of the fifteen levels.
Affiliates of VIP4 get a 5.5% commission that lasts for twenty levels.
Affiliates of VIP5 get a 6% residual commission on the first 25 levels.
Affiliates of VIP6 get a 6.5% commission on all thirty levels.
Affiliates of VIP7 get a 7% residual commission on 35 levels.
Affiliates of VIP8 get an 8% commission on all forty levels.
Affiliates of VIP9 get a 9% residual commission on 45 levels.
Affiliates of VIP10 get a 10% commission on all fifty levels.
The amounts of residual commissions are coded, which means that 10% is paid on all investments in Coinaxium.
VIP10 affiliates get the full 10% of any money that affiliates they send to VIP10 invest.
The difference between lower ranks is used to figure out residual commissions.
E.g. A VIP5 affiliate brings in an investor who is also an affiliate. At VIP5, they get a 6% residual commission, which leaves 4% to pay out.
The system then looks upline for an affiliate with a rank of VIP6 or higher.
If a VIP6 is found first, they get 0.5% (6.5% minus the 6% that was already paid out), leaving 3.5% to pay upline to VIP7 and/or higher-ranked affiliates.
If a VIP7 is found first, they get 1% (7% minus the 6% that has already been paid out), leaving 3% to pay upline to VIP8s or higher.
If a VIP8 is found first, they get 2% (8% minus the 6% that has already been paid out). This leaves 2% to pay upline to a VIP9 or higher.
Both VIP9 and VIP10 are paid the same way, even though they are in the 9% and 10% ranks.
Note that when a VIP10 affiliate is found, the full amount that was waiting to be paid out is given to them.
How to Join Coinaxium
Joining Coinaxium as an affiliate is free.
To fully take part in the attached income opportunity, you need to invest between $50 and $20,000 every 180 days.
Coinaxium says that it is a
go-to safe and secure marketplace where both new and experienced users can buy and sell.
Ponzi schemes are not safe in any way. In reality, whoever runs Coinaxium uses it to feed their downline.
I’m not sure if the Coinaxium investment packages connect directly to the third-party Ponzis or if the admin manually transfers Ponzi coins from their back office.
In either case, the owner of Coinaxium makes money when someone invests in a Ponzi scheme through Coinaxium. This is on top of the MLM compensation plan.
The MLM part of Coinaxium works like a pyramid scheme, which again helps the company’s owner the most.
The Ponzi scheme that Coinaxium is running is the usual staking nonsense (invest in a shitcoin, park it with the company and receive more of the shitcoin).
AXIUM is a BEP-20 piece of garbage. The Binance Smart Chain is what makes BEP-20 shitcoins work. They are easy to set up and cost little or nothing.
Its Ponzi scheme will last as long as there is a cryptocurrency to steal, just like the ones it promotes (AXIUM itself is worthless).
No matter if it’s Coinaxium’s Ponzi scheme or one of the third-party scams it promotes, the math shows that most people who invest in a Ponzi scheme will lose money.