Akyoh declare to be a “know-how funding firm which based mostly in Cyprus (EU)”.
Past that assertion nonetheless there isn’t any proof of Akyoh having any enterprise operations in Cyprus. It’s additionally price noting that Cyprus is a identified jurisdiction for having little to no MLM regulation.
Incorporation of an MLM firm in Cyprus is usually achieved when an organization can’t legitimately incorporate itself in a good jurisdiction.
Cited as President of Akyoh on their web site is Christian Lipovec (proper).
Up till lately Lipovec was selling the AladinCoin Ponzi scheme.
In a Fb submit dated March seventeenth, Lipovec wrote;
After a couple of days on the firm now on the way in which again to Austria!
It was very spectacular to see how all grows up at Aladin Capital!
Previous to AladinCapital Lipovec was an energetic Lyoness affiliate.
Though Lipovec seems to be based mostly out of Austria, Akyoh is primarily being promoted throughout Vietnam.
Alexa presently estimate that Vietnam makes up 96% of visitors to the Akyoh web site.
Considerably curiously, guests to the Akyoh web site are knowledgeable the corporate will probably be holding a “grand opening” in Cambodia on September fifteenth, 2018.
Apart from serving as a venue adjoining to Vietnam that’s unlikely to arouse the suspicion of Vietnamese authorities, the connection between Akyoh and Cambodia is unclear.
Learn on for a full evaluation of the Akyoh MLM alternative.
Akyoh Merchandise
Akyoh has no retailable services or products, with associates solely in a position to market Akyoh affiliate membership itself.
The Akyoh Compensation Plan
Akyoh associates make investments funds on the promise of an marketed ROI:
- Fundamental Dealer – make investments $500 and obtain a variable ROI over twelve months
- Professional Dealer – make investments $2000 and obtain a variable ROI over twelve months
- Grasp Dealer – make investments $5000 and obtain a variable ROI over twelve months (assured minimal 30%)
Akyoh additionally provide “bundle” investments:
- Fundamental Bundle – make investments $180 and obtain a $2499 ROI
- Premium Bundle – make investments $2500 and obtain a $7999 ROI
- Professional Bundle – make investments $8000 and obtain a $19,999 ROI
- Professional+ Bundle – make investments $20,000 and obtain a $49,999 ROI
- Professional X2 Bundle – make investments $50,000 and obtain a $99,999
- VIP Bundle – make investments $100,000 and obtain an undisclosed ROI
Akyoh advertising materials suggests bundle ROIs are paid out over 6 months.
Notice that though funding quantities are quoted in USD, Akyoh solely accepts bitcoin or a mixture of bitcoin and the avana altcoin.
Referral Commissions
Akyoh pay referral commissions down three ranges of recruitment (unilevel).
What number of ranges an Akyoh affiliate receives referral commissions on, is determined by which bundle they’ve invested in:
- Fundamental Bundle = 5% on stage 1 (personally recruited associates) and 1% on stage 2
- Premium Bundle = 6% on stage 1, 2% on stage 2 and 1% on stage 3
- Professional Bundle = 7% on stage 1, 2% on stage 2 and 1% on stage 3
- Professional+ Bundle = 8% on stage 1, 2% on stage 2 and 1% on stage 3
- Professional X2 Bundle = 9% on stage 1, 2% on stage 2 and 1% on stage 3
- VIP Bundle = 10% on stage 1, 2% on stage 2 and 1% on stage 3
Rank Bonuses
The Akyoh compensation plan particulars a number of rank-based bonuses.
Sadly the one copy of the Akyoh compensation plan I used to be capable of finding is in Vietnamese:
Google Translate is fairly dangerous for Vietnamese, however from what I’ve been in a position to confirm there’s
- a 5% bonus paid out for a couple of months (?)
- further share paid on personally recruited downline funding
- 3% bonus pool (?), cut up into smaller swimming pools and paid out per rank
Rank necessities look like the standard; a mixture of minimal private bundle funding, getting others to speculate and private recruitment of set numbers of investing associates.
If we have now any readers fluent in Vietnamese who can present extra element, be at liberty to take action within the feedback under.
Becoming a member of Akyoh
Akyoh affiliate membership is free, nonetheless associates are required to speculate $180 or extra to take part within the hooked up revenue alternative.
Conclusion
What with AladinCoin having collapsed, Akyoh seems to be a reboot try particularly focusing on Vietnamese buyers.
Akyoh’s funding packages are named nearly identicial to that of AladinCoin, so that you would possibly even presume each corporations are being run by the identical scammers.
Akyoh’s integration of Avana Coin can also be a red-flag.
Avana Coin seems to be an ERC20 shitcoin token that isn’t publicly traded exterior of 1 or two dodgy exchanges.
It’s probably that these exchanges have been arrange by AladinCoin/Akyoh, which implies they’re just about inside exchanges with little to no use exterior of firm associates.
What I wasn’t in a position to confirm is whether or not or not Akyoh’s ROI funds are made in Avana Coin. I’m leaning towards sure, as there wasn’t any point out of bitcoin ROI funds in compensation materials I got here throughout.
As I perceive it Akyoh work in USD however settle for new funding solely in bitcoin and Avana Coin.
Withdrawals are paid in Avana Coin, after which it’s as much as Akyoh associates to dump the cash onto unsuspecting victims.
On this sense Avana Coin serves as the first cash laundering car for Akyoh’s funding fraud.
On that observe, Akyoh declare to generate exterior ROI income by an AI buying and selling bot.
Akyoh Buying and selling Synthetic Clever (A.T.A.I.) is essentially the most superior, revolutionized buying and selling bot. A.T.A.I options a variety of settings and specs designed for each newbie and superior merchants.
Naturally there’s no proof of Akyoh’s buying and selling bot current, or getting used to generate affiliate ROI income.
Moreover Akyoh’s claims fail the Ponzi logic take a look at.
If Akyoh’s homeowners had entry to a buying and selling bot that persistently generated 200% returns each six months, they’d hold it to themselves.
Why waste your time soliciting funding from randoms over the web?
Keep in mind AladinCoin claimed it was “again up by monetary institutes and hedge funds”, but it surely nonetheless collapsed. So take something Akyoh says about exterior ROI income technology with a load of salt.
Because it stands proper now, the one verifiable income getting into AladinCoin is new funding.
Utilizing new funding to pay current associates a ROI makes Akyoh a Ponzi scheme.
TL;DR?
AladinCoin and its AIC shitcoin collapsed. The scammers working it have rebooted as Akyoh and at the moment are utilizing the Avana Coin shitcoin.
As with AladinCoin, Akyoh buyers can anticipate widespread losses when the Ponzi collapses.
Which can probably occur sooner moderately than later, as reboot scams hardly ever attain the degrees their predecessors did.