The DemixMine service is being actively discussed on the net today. Is it possible to earn money on it or is it a scam? What do the authors of this project promise users?
What is DemixMine?
In this case, we are talking about an MLM company that does not provide any reference information about itself on the official website. The DemixMine website does not state who owns the business, what its limitations are, when it was created, and so on.
All of this is indeed questionable. Reviews about DemixMine.com can be found in a variety of ways, but details about the activities of the site are not disclosed anywhere. Is it possible to know anything in detail about this service?
The domain name for the DemixMine website was registered on March 12, 2017. Unfortunately, this registration was done privately, and there is no way to find out who is the owner and what region the site was created in.
What are DemixMine products?
As for the line of offerings, this is another area where DemixMine raises questions. The Service does not sell any goods or services to customers and thus does not generate any sale.
The operation of the company is exclusively a partnership membership offered to users who are interested in the opportunity to generate income. In MLM systems, such a description is usually a sign that you are dealing with some kind of illegal scheme or scam.
DemixMine payout mechanisms
If you choose to become a DemixMine partner, you will have to invest real money to secure the very ROI the company is touting.
DemixMine pays out daily ROI, and its value depends entirely on how much money you want to invest.
Affiliates who invest from 1 to 10 US dollars receive a ROI of 3% every day. If the deposit amount is between 11 and 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, contributors also have a chance to earn on referral commissions. The affiliate program at DemixMine is paid using the unilevel system and users earn 12% on 1st level referrals and 5% on 2nd level referrals.
It's also worth noting that affiliates receive a 10 cent bonus when they recruit Level 1 members.
What is the cost of joining DemixMine?
If you want to becomemember of the DemixMine project, membership in the partnership is free. However, in order to start earning money from a permanent profitable investment, you need to invest any amount - from one to 100,000 US dollars.
To get started with the Demixmine cryptocurrency development program, all contributors need to register an account on the site. This is done by filling out a form that only asks for a few personal details. The investor then needs to make a deposit. The larger this deposit, the greater the promised income. It's worth noting that even the least attractive payout program is simply too good to be true. However, the reviews about Demixmine.com say that the project does pay. But how is this provided? What is the prospect of such a project and whether it is really based on cryptocurrencies is unknown.
So, is DemixMine.com paying or not?
The site looks suspicious, and one can often hear the opinion that DemixMine is another scam. It is difficult to immediately assess whether the project is working honestly, since there are many similar offers on the network, and not all of them work according to an honest scheme.
The opportunity to earn daily interest on investments is tempting. This site positions itself as a project that pays a fixed rate. The DemixMine website describes a diagram of where the money that allocates ROI comes from. These funds are generated as follows: DemixMine offers a cloud-based development service that supposedly guaranteesinvestment 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 this really true?
All of the above sounds convincing, but DemixMine does not provide any evidence that such actions actually occur. Also, the whole setup just doesn't make any logical sense. The creators of the site report that people running DemixMine have their own developed mining system that allows them to get up to 5% daily ROI. If so, why are they wasting their time soliciting contributions from other users? Why not just take out a small loan, put all the money into ROI, and then earn passive income like some of the richest people in the world? Reviews on DemixMine.com often touch on this point.
Most likely, here you can observe the financial pyramid. Partners contribute money, which is then redistributed to pay off the ROI owed to other members. Once this investment and recruiting activity declines, DemixMine will exit the market. Most of the partners who join the project will eventually lose, and only the top of this pyramid will earn real money. It should be noted that the positive feedback abouthttps:/DemixMine.com.ru is written mainly by the first investors who regularly receive money.
Why is this a pyramid scheme?
According to the frequently asked questions section of the site, the invested funds can be withdrawn at any time along with daily payouts. It is easy to predict that few people want to get their money back in a few days, especially since the reviews of 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 a scam is the two-tier affiliate program. If a user refers a friend who also makes a deposit, 12% of that deposit will be awarded to the referrer. If said contributor continues the partnership and brings another contributor to the project, the original user will receive 5% of that third user's deposits. Reviews of https:/Demixmine.com reflect this point in a positive way. But the essence of all this is that the project retains funds, some of which can then be used to make payments to those who decide to withdraw money. The system may work this way for a while, but eventually it inevitably gets overloaded and crashes.
Indeed, the first negative reviews about Demixmine.com have already appeared - “does not pay” - this is their wording, that is, the system has stopped paying its participants.
Any other indications that DemixMine is indeed a scam?
Project advertising was promoted through numerous spam channels. Even though the site has an "About Us" section, it doesn't say anything about the people and organizations behind the product. In fact, nowhere on the site is there any information displaying the company name, 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 form of email that doesn't even tell you 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 be only one conclusion here: this site has no 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 classic scheme.
