What Is Alysdax? A HYIP Ponzi Scheme Exposed!
Welcome to my Alysdax review!
We’ve handled a number of HYIP or High-Yield Investment Programs over the past few months, and every one of them turned out to be just as bad as the next.
These programs make false promises of multiplying your investment while giving you the opportunity to earn passive income. You get drawn in with their fancy presentations, pictures of their luxurious homes and cars that they probably just rented, and pictures of their supposed bank accounts that could easily be reverse-searched on Google.
Let me tell you right now that when someone tells you that could double or triple your investment without explaining how it works, you’re probably getting recruited for a pyramid scheme.
This is Alysdax.
First of all, I must Congratulate you for taking your time to do your own research before buying into any "seemingly good" product.
That's the way to avoid scams and find the legitimate way to make money online!
Let me be completely transparent with you, I'm not associated with Alysdax in any form.
So, rest assured that I'm not here to pitch or sell anything to you.
Instead, I'm here to reveal what this ponzi scheme is all about...
Alysdax Review Summary
Product Name: Alysdax
Founder: Not disclosed
Product Type: HYIP MLM Company
Price: $25 to $50,000 Minimum Investment
Best For: NO ONE!
Summary: Alysdax is a HYIP or high-yield investment program within a MLM company. But this has all the makings of a Ponzi scheme. Their source of income of recruitment, there's no verifiable information about owners, and they're not even regulated to carry out any form of investment.
What is Alysdax?
Alysdax is a MLM or multi-level marketing company that promotes an investment service or platform of sorts where you’re able to double or triple your investment in three months.
The company was first introduced in Dubai on February 2020, but there’s no information on who owns the company. The domain was registered in October 2019, and was updated on February 2020. The domain was registered privately, so there’s no way to determine who registered it and where it’s registered.
The domain’s owner is listed as AlysDax LTD, but this hides through a bogus address somewhere in the UK.
We also found out through third-party research and from reliable sources that the Alysdax promoters are tied to an old Ponzi scheme called Weenzee. For those of you who don’t know, Weenzee was an old Ponzi scheme that launched in 2018 and collapsed on July 2019.
The company was believed to have been run by people in Europe or Asia, but they were marketing the program to people from Brazil and other South American countries.
One odd thing that did stand out was Alysdax’s referenced Weenzee in their YouTube videos, as seen below:
Regardless, there is no doubt that there’s something that connects Alysdax and Weenzee (on top of them being Ponzi schemes).
Alysdax Product Line
Alysdax provides no retail products or services. They only provide you with a “membership” into their income opportunity disguised as an investment.
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Does The Product Work?
Okay, the biggest question here is “how is Alysdax making money” to keep their members funded.
They say that they generate external revenue through what they call margin trading. Margin trading is defined as the process where individuals purchase more stocks than they can afford, as well as buying and selling of securities in one session.
But there’s no evidence that trading is being done to generate revenue based on their advertised returns.
Now, on to the topic of securities. They claim that they have a passive income opportunity, so their MLM offering deals with securities. Which means that they have to be registered through any securities regulating authorities to carry out these transactions. In the USA, you have the SEC or Securities and Exchange Commission for that.
The lack of proof of regulation means that by promoting this program, you could go to jail because of securities fraud.
As far as we’re concerned, they might be tied to Weenzee one way or the other since they have the following similarities:
- Run by Eastern Europeans
- Pretended to be based in the UK
- Used the same domain registrar
- Targets investors from Brazil
However, there’s nothing that officially ties them to Weenzee from a corporate or management standpoint.
How To Make Money with Alysdax?
You can only make money with AlysDax by getting your ROI after investing in their program. You get this ROI by recruiting people into the program.
How To Get Started with Alysdax?
It will cost you a minimum of $25 up to $50,000 on the promise of getting 1% daily ROI. This also allows you into their compensation plan.
Alysdax Compensation Plan
Alysdax’s compensation plan relies on two things: your investment and recruitment.
As promised, you’re supposed to get 1% daily ROI from your investment, paid out daily between 30 and 180 days.
You can choose to reinvest your ROI or withdraw the cash. However, you’re not really making any money here.
There are 7 membership ranks that you can reach in their compensation plan. You get the corresponding rewards for reaching these ranks.
- SP1 – sign up as an AlysDax affiliate and invest at least $25.
- NP2 – invest at least $300, recruit ten affiliates and generate $1000 in total downline investment volume
- MP3 – invest at least $1000, recruit fifty affiliates and generate $10,000 in total downline investment volume
- BP4 – invest at least $5000, recruit one hundred affiliates and generate $30,000 in total downline investment volume
- LP5 – invest at least $10,000, recruit one thousand affiliates and generate $100,000 in total downline investment volume
- GP6 – invest at least $50,000, recruit three thousand affiliates and generate $1,000,000 in downline investment volume
- XP7 – invest at least $100,000, recruit ten thousand affiliates and generate $10,000,000 in downline investment volume
Your referral commissions are based on a unilevel compensation structure. Alysdax places your recruits on a level below you, and their recruits a level below your recruits. This builds up to 7 levels deep.
Alysdax Ugly Truths Revealed!
#1 No Owner Information
One of the biggest red flags here is that there’s no owner information, which you should by now is the biggest standard for Smart Affiliate Success to determine the legitimacy of any company.
The fact that they don’t have any info on who owns this means that they don’t want to be liable for anything, and that they can freely rebrand the program once it closes. It’s one vicious cycle.
#2 No Securities Regulation
Alysdax doesn’t have any registrations with any financial regulatory institutions for its securities and investments. This is 100% completely illegal.
They may be registered as a business, but they still have to be registered to carry out these types of transactions.
#3 Recruitment Is Source of Income
Contrary to what you might think, the only source of income here is through recruiting people and making them invest in the program.
There’s no proof that investments in anything are being done to generate revenue.
What I Like About Alysdax?
There’s nothing to like about this program. There’s just a number of red flags that make us not want to recommend this program to anyone.
Is Alysdax a Scam?
Alysdax markets itself as an investment opportunity with a MLM-like compensation plan. However, we found several red flags that immediately raised our suspicions of this being a Ponzi scheme:
- There’s no owner information and company information available, so they’re hiding their identity to avoid legal liability.
- There’s no proof that any of the aforementioned investments they promised are carried out.
- Even if they do carry out investments, they’re not regulated and you could go to jail for promoting this company.
Avoid this company at all costs.
How I Make a Living Online?
I'm not a fan of MLM, not because it's illegal or not profitable, but because of all the restrictions and the expensive costs involved.
Instead, Affiliate Marketing is my top recommended business model for anyone to make money online.
The reason is simple...
- You don't have to recruit anyone to make money
- You have the freedom to promote any products you want and not being restricted to only promote the products from one MLM company
- It's Free to get started
In fact, with affiliate marketing...
I've personally created a 4-Figure Monthly Passive Income Stream and become financially independent at just 21 years old without any College degree or working experience!
Through my own hard work, I went from a broke restaurant waiter to living my dream laptop lifestyle in less than a year's time...
If you want to discover the secrets of how I did it at such a young age, click here!