Beurax provides no information on its website about who owns or runs the company.
Beurax’s website domain (“beurax.com”) was privately registered on June 6th, 2020.
In an attempt to appear legitimate, Beurax offers up an ASIC registration certificate for “Beurax Corporation PTY LTD”.
To date Beurax has not filed any documents with ASIC beyond it’s initial application.
In any event, ASIC is known for not effectively regulating MLM securities fraud. For the purposes of MLM due-diligence, ASIC registration is meaningless.
A marketing video on Beurax’s official YouTube channel features “Brandon Watts”.
Watts is cited as founder and CEO of Beurax. He is played by an actor with a distinct eastern European accent.
In the video, straight off the bat Watts is shown driving a left-hand car. Australia drives on the right-hand side cars.
The actor playing Watts has a strong eastern European accent. The video is shot in rented office space.
Considering Brandon Watts doesn’t exist outside of Beurax’s own marketing material, he’s a prime Boris CEO candidate.
At the time of publication Alexa ranks the US (68%) and Canada (4%), as top sources of traffic to Beurax’s website.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Beurax’s Products
Beurax has no retailable products or services, with affiliates only able to market Beurax affiliate membership itself.
Beurax’s Compensation Plan
Beurax affiliates invest USD, bitcoin and/or ethereum, on the promise of an advertised daily ROI.
- invest $20 to $500 and receive 1.4% a day for 15 days (121%)
- invest 0.001 to 0.5 BTC and receive 1.4% a day for 20 days (128%)
- invest 0.1 to 5 ETH and receive 1.4% a day for 20 days (128%)
- invest $500 to $1000 and receive 1.5% a day for 20 days (130%)
- invest $1000 to $2500 and receive 1.6% a day for 25 days (140%)
- invest 0.5 to 2 BTC and receive 1.5% a day for 30 days (145%)
- invest 5 to 20 ETH and receive 1.5% a day for 30 days (145%)
- invest $2500 to $5000 and receive 1.7% a day for 30 days (151%)
- invest $5000 to $10,000 and receive 1.8% a day for 35 days (163%)
- invest $1000 to $50,000 and receive 1.5% to 2.1% a day for 45 days (167.5% to 194.5%)
- invest 0.1 to 5 BTC and receive 1.5% to 2.1% a day for 45 days (167.5% to 194.5%)
- invest 3 to 120 ETH and receive 1.5% to 2.1% a day for 45 days (167.5% to 194.5%)
- invest 2 to 10 BTC and receive 1.6% a day for 45 days (172%)
- invest 20 to 50 ETH and receive 1.6% a day for 45 days (172%)
- invest $10,000 to $50,000 and receive 3% a day for 90 days (270%)
- invest $50,000 to $100,000 and receive 3.1% a day for 90 days (279%)
- invest 1 to 5 BTC and receive 3.1% a day for 90 days (279%)
- invest 25 to 125 ETH and receive 3.1% a day for 90 days (279%)
- invest $100,000 to $300,000 and receive 3.2% a day for 90 days (288%)
- invest $300,000 to $500,000 and receive 3.3% a day for 90 days (297%)
- invest 5 to 15 BTC and receive 3.3% a day for 90 days (297%)
- invest 125 to 400 ETH and receive 3.3% a day for 90 days (297%)
- invest $500,000 to $1,000,000 and receive 3.4% a day for 90 days (306%)
- invest $1,000,000 to $100,000,000 and receive 3.6% a day for 90 days (324%)
- invest 15 to 50 BTC and receive 3.6% a day for 90 days (324%)
- invest 400 to 1500 ETH and receive 3.6% a day for 90 days (324%)
Beurax Affiliate Ranks
There are twelve affiliate ranks within Beurax’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Silver Consultant – sign up as a Beurax affiliate
- Golden Consultant – generate $10,000 in total downline investment
- Diamond Consultant – generate $30,000 in total downline investment
- Silver Manager – generate $60,000 in total downline investment
- Golden Manager – generate $120,000 in total downline investment
- Diamond Manager – generate $250,000 in total downline investment
- Silver Partner – generate $1,000,000 in total downline investment
- Golden Partner – generate $3,000,000 in total downline investment
- Diamond Partner – generate $10,000,000 in total downline investment
- Silver Director – generate $30,000,000 in total downline investment
- Golden Director – generate $50,000,000 in total downline investment
- Diamond Director – generate $100,000,000 in total downline investment
Referral Commissions
Beurax pays referral commissions on invested funds via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Beurax caps payable unilevel team levels at fifteen.
Referral commissions are paid out across these fifteen levels based on rank:
- Silver Consultants earn 6% on level 1 (personally recruited affiliates), 3% on level 2, 1% on levels 3 and 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
- Golden Consultants earn 7% on level 1, 3% on level 2, 1% on levels 3 and 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
- Diamond Consultants earn 8% on level 1, 4% on level 2, 2% on level 3, 1% on level 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
- Silver Managers earn 9% on level 1, 5% on level 2, 2% on level 3, 1% on level 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
- Golden Managers earn 10% on level 1, 6% on level 2, 3% on level 3, 1% on level 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
- Diamond Managers earn 11% on level 1, 7% on level 2, 3% on level 3, 1% on level 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
- Silver Partners and higher receive 12% on level 1, 8% on level 2, 3% on level 3, 2% on level 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
Leadership Bonuses
Leadership Bonuses are a one-time rank-based bonus starting at the Diamond Consultant rank:
- qualify at Diamond Consultant and receive $1000
- qualify at Silver Manager and receive $2000
- qualify at Golden Manager and receive $3000
- qualify at Diamond Manager and receive $5000
- qualify at Silver Partner and receive $20,000
- qualify at Golden Partner and receive $50,000
- qualify at Diamond Partner and receive $250,000
- qualify at Silver Director and receive $500,000
- qualify at Golden Director and receive $1,000,000
- qualify at Diamond Director and receive $3,000,000
Note that even if rank qualification is met, it appears Beurax pays out Leadership Bonuses at their discretion;
This bonus is intended for leaders and most active team members.
The company calculates a bonus based on a thorough analysis of the partner’s account, namely, on his activity and personal results of work with the team.
Joining Beurax
Beurax affiliate membership is free.
Full participation in the attached income position requires a minimum $20, 0.001 BTC or 0.1 ETH investment.
Conclusion
Beurax represents it generates external revenue through trading bots.
The uniqueness of our platform and operating software is based on algorithms for nanosecond financial engineering.
Our trading bots are programmed for certain algorithms of actions, and qualitatively differ in the speed of obtaining information and processing data, depending on the market situation.
No evidence of trading taking place is provided. Nor is there any evidence of Beurax using external revenue of any kind to pay affiliate withdrawals.
As it stands the only verifiable source of revenue entering Beurax is new investment.
Using new investment to pay affiliates a daily return makes Beurax a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment. This will starve Beurax of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Update 28th February 2021 – Through the hiring of actors based out of Moscow, it is all but confirmed Beurax is a Russian Ponzi scheme.
Update 1st March 2021 – Beurax CEO Brandon Watts has been outed as a Russian model.
Update 2nd March 2021 – Beurax has collapsed.