DemixMine service today is actively discussed on the network. Is it possible to make money on it or is it a fraud? What do the authors of this project promise users?
What is DemixMine?
In this case, we are talking about the company MLM, which does not provide about itself absolutely no background information on the official website. The DemixMine site does not indicate who owns the business, what its limitations are, when it was created, and so on.
All this really causes certain doubts. Reviews about DemixMine.com can be found very different, but at the same time, details about the activities of the site are not disclosed anywhere. Can I find out anything about this service in detail?
The domain name for the DemixMine website was registered on March 12, 2017. Unfortunately, this registration was carried out privately, and there is no way to find out who the owner is and what is the region where the site was created.
What are DemixMine products?
Regarding the product line, this is another area where DemixMine raises questions. The service does not sell any goods or services to customers and, therefore, does not make any sale.
The work of the company is an exclusively partnership membership, offered to users who are interested in the possibility of generating income. In MLM systems, this description is usually a sign that you are dealing with some kind of illegal scheme or fraud.
DemixMine Payout Mechanisms
If you decide to join DemixMine’s partners, you will have to invest real money to ensure that the return on investment that the company is actively promoting.
DemixMine pays ROI daily, and its cost depends entirely on how much money you want to invest.
Partners who invest between $ 1 and $ 10 get 3% ROI every day. If the deposit amount is from 11 to 100 USD, users receive 3.5%. In the case of investing from $ 101 to $ 1000, the daily payout is 4%, from $ 1001 to $ 10,000 - 4.5%, from $ 10.001 to $ 100,000 - 5%.
In addition to the opportunity to receive direct ROI payments, depositors also have a chance to earn on referral commissions. The affiliate program in DemixMine is paid using the unilevel system, and users earn 12% on 1st level referrals and 5% on invited second level users.
It is also worth noting that affiliates receive a bonus of 10 cents when recruiting members of the 1st level.
What is the cost of joining DemixMine?
If you want to become a member of the DemixMine project, membership in the partnership is free. However, in order to start making money from constant profitable investments, you need to invest any amount - from one to 100,000 US dollars.
To get started with the Demixmine cryptocurrency development program, all depositors need to register an account on the site. This is done by filling out a form that asks for only a few personal data. Then the investor needs to make a deposit. The larger this deposit, the greater the promised income. It is worth noting that even the least attractive payout program is simply too good to be true. However, reviews of Demixmine.com suggest that the project really pays. But what does this provide? What is the prospect of such a project and whether it is really based on cryptocurrencies is not known.
So, does the DemixMine.com website pay or not?
The site looks suspicious, and you can often hear the opinion that DemixMine is another scam. It is immediately difficult to assess whether the project works honestly, since there are many similar offers on the network, and not all of them work according to an honest scheme.
The ability to earn daily interest on investments is enticing. This platform positions itself as a project that pays a constant rate. The DemixMine website describes the scheme of where the money comes from that allocate ROI. These funds are generated as follows: DemixMine offers cloud-based development services that supposedly guarantee investment security conditions and instant payments.
The company is a method of separating multiple cryptocurrencies mined by intellectual power. This system allows you to simultaneously use the most popular cryptocurrencies, such as Bitcoin, Litecoin, Ethereum and Dash.
Is it really?
All of the above sounds convincing, but DemixMine does not provide any evidence that such actions actually occur. In addition, the entire setup simply does not make any logical sense. The creators of the site report that people working with DemixMine have their own developed intellectual analysis system, which allows them to receive a daily return on investment of up to 5%. If so, why do they spend their time attracting deposits from other users? Why not just take a small loan, not use all the money in an ROI, and then earn passive income as one of the richest people in the world? DemixMine.com reviews often touch this point.
Most likely, here you can observe the financial pyramid. Partners invest money, which are then redistributed to pay off the ROI due to other members. Once this investment and recruiting activity has fallen, DemixMine will exit the market. Most partners who join the project will eventually lose, and only the top of this pyramid will earn real money. It is worth noting that positive feedback about https: /DemixMine.com.ru is written mainly by the first investors who regularly receive money.
Why is this a financial pyramid?
According to the frequently asked questions section of the site, invested funds can be withdrawn at any time along with daily payments. It is easy to predict that few people want to get their money back in a few days, especially since the reviews about DemixMine.com from the first investors are so positive. The problem is that this makes the installation look like a classic pyramid scheme.
Another element with signs of such fraud is a two-tier affiliate program. If the user refers to a friend who also makes a deposit, 12% of this contribution will be awarded to the referrer. If the said contributor continues the partnership and leads another participant to the project, the initial user will receive 5% of the deposits of this third user. The reviews about https: /Demixmine.com reflect this point in a positive way. But the essence of all this is that the project holds funds, some of which can then be used to make payments to those who decided to withdraw money. The system may work this way for a while, but ultimately it inevitably gets overloaded and crashes.
Indeed, the first negative reviews about Demixmine.com have already appeared - “not paying” - this is their wording, that is, the system has stopped paying its members.
What other signs that DemixMine is really a scam?
Advertising of the project was promoted through numerous spam channels. Despite the fact that the site has a section "About Us", it does not say anything about the people and organizations behind the product. In fact, nowhere on the site is there any information that displays the name of the company, address or even the name of the CEO / owner. Obviously, no one is interested in this information being disclosed.
The support section is a simple email form that does not even provide the actual email used by the site. As many users write in their reviews of Demixmine.com (ru), answers to questions also do not always come.
There can only be one conclusion: this site does not have a physical headquarters anywhere, and there is no legal entity behind it. Most likely, this is a “private initiative” of a group of cryptocurrency scammers who are trying to raise money according to the classical scheme.