Nexyiu supplies no info on their web site about who owns or runs the corporate.
Nexyiu represents it’s included in Italy as “Nexyiu Italia Srl”. An handle in Verona, Italy can be supplied.
Nexyiu seems to have launched in mid to late 2018. The corporate’s web site area (“nexyiu.com”) was registered on June 18th, 2018.
Raffaele Battisti (proper) is listed because the area proprietor, by way of an handle is Trentino, Italy.
Additional analysis reveals Battisti is Nexyiu’s CEO. Why this info isn’t supplied on Nexyiu’s web site is unclear.
As per an investigation by the Italian web site MarketMovers in late 2020;
- Nexyiu Italia Srl is owned 50/50 by Raffaele Battisti and Danilo Certelli;
- Battisti’s final firm, Quadra Srl, an digital parts producer, went bankrupt previous to Nexyiu’s launch; and
- Nexyiu Italia Srl’s company handle belongs to a bar.
I wasn’t capable of finding any info on Danilo Certelli outdoors of Nexyiu. Nor was I in a position to set up the place Raffaele Battisti has an MLM historical past.
As all the time, if an MLM firm isn’t brazenly upfront about who’s working or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
Nexyiu’s Merchandise
Nexyiu has no retailable services or products, with associates solely in a position to market Nexyiu affiliate membership itself.
Nexyiu’s Compensation Plan
Nexyiu associates make investments funds on the promise of receiving greater than they invested in giftcards.
- Sensible – make investments €499 EUR and obtain a €40 EUR present card month-to-month for 36 months
- Premium – make investments €999 EUR and obtain an €80 EUR present card month-to-month for 36 months
- Household – make investments €1999 EUR and obtain a €170 EUR present card month-to-month for 36 months
The MLM aspect of Nexyiu sees associates paid to recruit new buyers.
Nexyiu Affiliate Ranks
There are seven affiliate ranks inside Nexyiu’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- One Star – persuade others to take a position €200 EUR
- Two Stars – persuade others to take a position €500 EUR
- Three Stars – persuade others to take a position €1000 EUR and personally recruit at the very least one Two Star or larger
- 4 Stars – persuade others to take a position €3000 EUR and personally recruit at the very least one Three Star or larger
- 5 Stars – persuade others to take a position €10,000 EUR and personally recruit at the very least one Three Star and 4 Star or larger
- Six Stars – persuade others to take a position €30,00 EUR and personally recruit at the very least one 4 Star and 5 Star or larger
- Seven Stars – persuade others to take a position €100,000 EUR and personally recruit at the very least one 5 Star and Six Star or larger
Residual Commissions
Nexyiu pays residual commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned straight underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Nexyiu caps payable unilevel group ranges at ten.
Residual fee are paid out as a proportion of funds invested throughout these ten ranges as follows:
- One Stars earn 7% on degree 1 and 6% on degree 2
- Two Stars earn 7% on degree 1 and 6% on ranges 2 and three
- Three Stars earn 7% on degree 1 and 6% on ranges 2 to 4
- 4 Stars earn 7% on degree 1, 6% on ranges 2 to 4, 4% on degree 5 and a pair of% on degree 6
- 5 Stars earn 7% on degree 1, 6% on ranges 2 to five, 4% on degree 6 and a pair of% on degree 7
- Six Stars earn 7% on degree 1, 6% on ranges 2 to five, 5% on ranges 6 and seven and three% on degree 8
- Seven Stars earn 7% on degree 1, 6% on ranges 2 to five, 5% on ranges 6 and seven, 4% on degree 8 and three% on degree 9
Rank Achievement Bonus
Nexyiu rewards associates for qualifying at Three Stars and better with the next Rank Achievement Bonuses:
- qualify at Three Stars and obtain a one-time €500 EUR bonus
- qualify at 4 Stars and obtain €500 EUR a month
- qualify at 5 Stars and obtain €2000 EUR a month
- qualify at Six Stars and obtain €4000 EUR a month
- qualify at Seven Stars and obtain €10,000 EUR a month
Becoming a member of Nexyiu
Nexyiu affiliate membership is tied to an preliminary €499 EUR to €1999 funding.
The extra a Nexyiu affiliate invests the upper their revenue potential.
Conslusion
The obtrusive difficulty with Nexyiu’s enterprise mannequin is the place is the cash coming from?
Within the absence of exterior income, the one income coming into Nexyiu is new funding.
And so we’ve got your traditional Ponzi scheme, the place newly invested funds are used to pay present Nexyiu affiliate buyers.
What differentiates Nexyiu out of your typical MLM Ponzi scheme is the usage of present playing cards.
Present playing cards are extensively used to launder cash in their very own proper. Untraceable and in a position to be offered on at a close to 1:1 worth.
What I’m unclear on is whether or not there’s any mechanism inside Nexyiu to transform present playing cards into actual cash.
In any occasion even when there isn’t, somebody has to pay for these present playing cards being paid out. And I think that could be a cash laundering racket in and of itself.
Simply so we’re clear on the seemingly stream of cash right here:
- Nexyiu makes use of invested funds to buy present playing cards at a slight low cost (criminals utilizing them to launder funds);
- Nexyiu palms these present playing cards to associates; and
- Nexyiu associates both spend the present playing cards or promote them to another person for a slight worth discount.
Nexyiu may double dip so to talk by formally or unofficially shopping for the playing cards again from associates and recycling them once more.
On the finish of the day although math is math. A Ponzi scheme can extend withdrawals exceeding funding. What the can’t do is cease the inevitable.
Excluding Nexyiu’s pyramid scheme commissions, uncooked numbers clever we’ve got:
- €499 in and €1440 EUR out
- €999 in and €2880 EUR out
- €1999 in and €6120 EUR out
Nexyiu pays returns over 36 months, additional slowing the inevitable collapse.
One other issue to think about is Nexyiu not focusing on Italians.
As I write this Alexa ranks the highest sources of site visitors to Nexyiu’s web site as Romania (30%), Greece (15%) and the US (9%).
The US may show harmful relying on whether or not Nexyiu takes off there. Neither Romania or Greece are recognized for energetic regulation of MLM Ponzi schemes.
In any occasion, the buck stops with Italy. In line with his LinkedIn profile, Raffaele Battisti is predicated out of Trentino-Alto Adige.
Italian regulators do are typically on the extra energetic aspect however once more, I believe the dearth of focusing on Italians is why Nexyiu has flown underneath the radar.
As said within the introduction of this evaluate, Nexyiu has been round since late 2018.
Social media advertising suggests Nexyiu is on its third iteration, that means the Ponzi scheme has already collapsed twice earlier than.
When withdrawals as soon as once more exceed new funding, Nexyiu will head in direction of its third collapse.
The maths behind MLM Ponzi schemes ensures that once they collapse, the vast majority of members lose cash.