Lets dig a bit deeper and see what Xegain is all about.
We certainly have seen lots of crypto companies popping up across the net.
Xegains Ventures Review
When looking to join a new company you should always do your homework before joining!
So you have come to the right place and congratulation on taking that important first step.
The Xegains website pinpoints Papper Jean Pierre as the company’s Founder.
The profile photograph which is used for Papper Jean Pierre though is stolen from a Quora writer by the name of Ivica Marusic.
Xegains certainly is on the rise:
Marusic’s Quora comments were published in 2015, which was prior to Ventures website domain registration of April 2016.
Together with no information whatsoever on Papper Jean Peierre online, it is extremely likely that he doesn’t exist at all.
The same is more than likely true of Xegains Ventures’ other so-called executives.
The Xegains website domain was registered with a phony address in Berlin Germany.
Alexa presently estimates India (36.9%) and Malaysia (20.2%) as the main sources of traffic to the Xegains website. One of these 2 countries is most likely where Xegains Ventures is actually being run.
As I always say, if an MLM company is not willingly truthful about who is running or owns it, don’t hand over any money.
Xegains Ventures Product Line
Xegains has absolutely no retailable products or services, with affiliates only capable of marketing Xegains affiliate membership itself.
If you’re new to building a business online you’re going to become very familiar with startups such as this. It’s crucial before joining ANY company you determine there is a real product or service.
Xegains Ventures Compensation Plan
Xegains affiliates invest $50.00 to $5,000.00 on the guarantee of advertised ROIs of up to 450%.
Additionally, commissions are paid when Xegains Ventures affiliates recruit new affiliates.
Xegains Ventures advertise 3 investment pools:
- Venture Pool 1 – invest $50.00 to $500.00 and receive a 250% ROI (max 0.5% a day)
- Venture Pool 2 – invest $501.00 to $2,000.00 and receive a 350% ROI (max 0.65% a day)
- Venture Pool 3 – invest $2,001.00 to $5,000.00 and receive a 450% ROI (max 0.85%)
A 10% referral commission is paid on investment by personally recruited affiliates.
The referral commission is increased to 20% on investments made by affiliates recruited in a new affiliate’s first 21 days.
ROI Matching Bonus
Xegains affiliates earn a matching bonus on ROIs paid to their downline.
The ROI Matching Bonus is paid through a uni-level compensation assembly.
A uni-level compensation assembly puts an affiliate at the top of a uni-level team, with each personally recruited affiliate put directly underneath them at level 1.
If a level 1 affiliate recruits new affiliates, they are the put onto level 2 of the original affiliate’s uni-level team.
If a level 2 affiliate recruits new affiliates, they are then put onto level 3 and so on and so forth down a hypothetical endless number of levels.
The ROI Matching Bonus is paid as a percentage of the daily ROI paid to uni-level team affiliates as follows:
- level 1 (personally recruited affiliates) – 20%
- level 2 – 10%
- level 3 – 5%
- level 4 – 3%
- level 5 onwards – 1.5%
Residual commissions in Xegains Ventures are paid over a binary compensation assembly.
A binary compensation assembly puts an affiliate at the top of a binary team, with 2 spots directly underneath them (left and right).
The 2nd level of the binary team is created by dividing each of the first 2 spots into another 2 spots each.
Following levels of the binary team are created as necessary, with every new level holding twice as many spots as the preceding level.
Every single day Xegains tallies up new investment volume on both sides of the binary team.
Free affiliates are paid 5% of investment volume produced on their weaker binary side, capped at $500.00.
Affiliates who invest in a Xegains Ventures package are paid 10%, capped at $1,000.00.
If a paid affiliate gets to the $1,000.00 cap 5 times in a single month, their daily cap is increased to $1,500.00.
If the cap is reached an additional 5 times at $1,500.00, the cap is then increased to $2,000.00.
Note: In order to qualify for residual commissions, an Xegains Ventures affiliate must recruit a minimum of at least 2 affiliates.
Residual Matching Bonus
Xegains Ventures affiliates earn a matching bonus on residual commissions down 2 levels of recruitment (uni-level):
- level 1 (personally recruited affiliates) – 3%
- level 2 – 2%
Joining this company and cost?
Xegains Ventures affiliate membership is either free or paid through investment in 1 of these 3 packages:
- Venture Pool 1 – $50.00 to $500.00
- Venture Pool 2 – $501.00 to $2,000.00
- Venture Pool 3 – $2,001.00 to $5,000.00
The key difference among these 3 packages is income potential over the Xegains Ventures compensation plan.
Free Xegains Ventures affiliates are only capable of earning referral and residual commissions (no matching bonuses).
Xegain – Bottom Line?
Notwithstanding a founder who does not even exist and an April 2016 domain registration, the Xegains Ventures website is full of remarkable claims dating all the way back to 2005 as follows:
“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.”
So is this legit or a scam?
Unfortunately, none of the above claims can pass the simple Ponzi logic test.
If Xegains Ventures were capable of validly and steadily producing ROIs of up to 450%, even a meek bank loan would soon convert into a small fortune.
Xagain – My Conclusion Is This
It makes completely no sense for Xegains Ventures to be sharing this ROI with affiliates… unless of course it is a Ponzi scheme.
With all the nonsense about angel investing and venture capitalist projects on the Xegains Ventures website, the only supportable source of revenue entering the company is affiliate investment.
And, the use of which to pay the advertised ROIs undoubtedly makes Xegains Ventures a Ponzi scheme.
Additionally, direct and residual recruitment commissions add an extra pyramid layer to the scheme.
Potential Xegains Ventures affiliates are welcome to confirm this for themselves, by asking for proof that every ROI dollar paid to your impending upline was sourced through investment in third-party companies.
Don’t accept anything less.
Bottom Line: No proof = Ponzi scheme.
And again, as with all Ponzi schemes, once recruitment of new Xegains Ventures affiliates slows down, new funds entering the scheme will also.
Then Xegains Ventures will be incapable of meeting its ROI obligations, provoking an ultimate collapse.
For affiliates, the long maturity period of the 3 investment packages means they won’t even realize until it is just too late.
This gives the unidentified owner(s) of Xegains Ventures plenty of time to disappear, after which recovery of funds is pretty much not possible.
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