Daxio adds NFT metaverse grifts to securities fraud

Late final 12 months Daxio launched an “automated sports activities buying and selling” Ponzi scheme.

No phrase on what number of bajillionaires have been created up to now. However now Daxio has gotten into NFT metaverse grifting.

Oh and Daxio has additionally launched two shitcoins. As a result of in fact it has.

Someday over the previous eight months Daxio has rebranded itself as a gaming firm. Daxio’s Ponzi origins lie in playing, however this time round it’s crypto and NFT gaming.

To that finish SportsBot has been renamed “DaxioBot”, and it’s now a “play to earn buying and selling recreation”:

That is all in fact simply advertising and marketing. Nothing has really modified between SportsBot and DaxioBot – it’s the identical Ponzi ruse.

On the fitting you’ve got PlayDAX, considered one of Daxio’s new NFT gaming grifts.

PlayDAX is a play-to-earn fantasy buying and selling recreation which simulates actual world buying and selling.

Yeah, it’s a buying and selling bot – wrapped up in crypto fad jargon. Outdated crypto fad jargon at that.

Alongside PlayDax Daxio additionally has plans for an compulsory metaverse grift.

Some shitty real-estate recreation that doesn’t exist but, provided by Cryptopia. Suppose shopping for an island in Animal Crossing off Nintendo, and working your individual rip-off by it.

Besides as an alternative of Nintendo Daxio has partnered with some blockchain bro firm.

Cryptopia is an impartial city-state society primarily based on the blockchain, the place residents should buy, promote, vote, and carry out different important actions utilizing a secure, safe, and clear system.

If that appears like a horrible premise for a recreation, it’s as a result of it’s. Like each crypto recreation, it’s a grift to promote you NFTs – which no one besides a shrinking pool of “we’re nonetheless early”  crypto bro shills will join.

Not as a result of they care concerning the recreation. However as a result of they hope they will flip their NFT funding positions onto larger fools.

In abstract, Daxio’s metaverse grift is a yet-to-be-realized dead-end.

Whilst you watch for that although, Daxio provides loads of different affiliate hyperlink NFT grifts to lose cash on:

And naturally Daxio has its personal owl JPG NFTs so that you can put money into:

With respect to Daxi’s new shit tokens, you’ve got SDAX and GDAX.

GDAX represents possession & voting rights.

SDAX is a utility token used all over the place inside the Daxio ecosystem.

GDAX appears like a nothingburger however SDAX seems to be a token exit-scam within the making. As I perceive it each are ERC-20 tokens.

ERC-20 tokens could be created on the ethereum blockchain in minutes, at little to no price.

In the event that they haven’t already, look ahead to DAXIO switching withdrawals to SDAX solely.

SDAX and GDAX could be swapped and traded on exterior platforms.

Right here’s how that’s going…

On the MLM facet of issues, Daxio is now charging €10 EUR every week for membership.

There’s a ten% referral bonus and 10% to 12% residuals, paid out by way of a binary group. An identical bonus on residual commissions can be obtainable.

Ten affiliate ranks, tied to recruitment of Daxio affiliate traders.

Beneath that, you’ve acquired the identical previous Daxio Ponzi scheme:

And naturally Daxio’s personal NFTs are connected to their very own Ponzi scheme:

Across the time Daxio rebranded as a gaming oriented Ponzi scheme, crypto gaming died.

All the present “play to earn” crypto gaming grifts are variations of Axie Infinity – which collapsed in late 2021.

Determined folks in third-world nations making an attempt to make a residing, slave lords hiring gamers to farm in shifts across the clock, a speculative in-game financial system constructed round NFTs – all ending in a $620 million exit-scam. Y’know, gaming.

The primary NFT grift was art work. Now it’s gaming and the metaverse. Similar driving power behind each grifts: give us your cash.

Daxio is a little more nefarious than your easy monkey JPG grift, because it’s a purpose-built Ponzi scheme.

Daxio is run by co-founder Frode Jorgensen (proper)

Jorgensen is believed to be a Norwegian citizen primarily based out of Thailand.

Final month the Norwegian Lottery Board revealed it was investigating and had raised pyramid scheme issues with Daxio.

Within the meantime, Daxio and Jorgensen have been ordered to instantly stop enterprise operations.

Daxio operates by a shell firm integrated within the British Virgin Islands.

BVI is a scam-friendly jurisdiction that instantly raises crimson flags for any MLM firm representing ties to it.

This month Daxio is being saved afloat by recruitment of latest victims in Vietnam.

Daxio operates from the domains “daxio.com” and “mydaxio.com”.

Final month BehindMLM famous SimilarWeb monitoring prime sources of site visitors to “daxio.com” as Malta (36%), Vietnam (30%) and Sweden (15%).

“Mydaxio.com” site visitors originated from Sweden (45%), Hungary (18%) and Moldova (17%).

“Daxio.com” web site site visitors from Malta is down 13% month on month, suggesting recruitment there’s in decline or has collapsed. Sweden is up however general site visitors hasn’t grown. Vietnam is the place new gullibles are being recruited, coming in at 56% (up 229% month on month.

“Mydaxio.com” web site site visitors reveals recruitment in Sweden, Hungary and Malta has collapsed. As soon as once more Vietnam is driving funding at 18%, up 294% month on month.


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As soon as Vietnam runs its course, Daxio might want to discover new nations to pillage if it desires to place off a fifth collapse.