ClicXAds Review: AdPack bitcoin Ponzi scheme


ClicXAds offers no data on its web site about who owns or runs the corporate.

CliccXAds’ web site area (“clicxads.com”) was first registered in 2017. The area registration was final up to date with personal particulars on February sixteenth, 2020.

By the Wayback Machine I used to be in a position to confirm that ClicXAds’ area was beforehand used to market a PTC script.

Though the the February reg replace is the final recorded replace, ClicXAds promotion started in late 2019. This implies the area was acquired previous to Feb 2020.

That stated, promotion of ClicXAds seems to have solely taken off just lately. Alexa recorded an uptick in site visitors to ClicXAds’ web site starting February 2020.

 

Replace 2nd June 2020 – Advertising and marketing movies on ClicXAds’ official YouTube channel reveal the corporate is run by CEO Frank Nii Okanta Ankrah.

Ankrah describes himself as an “knowledgeable within the discipline of digital advertising and marketing gross sales” and, in accordance with his Fb web page, is at present primarily based out of Quintana Roo in Mexico.

Ankrah is initially from Ghana and seems to focus on his advertising and marketing efforts throughout Africa.

A Fb put up dated December 2019 means that, previous to launching ClicXAds, Ankrah was concerned within the collapsed Dunamis Community Ponzi scheme.

Dunamis Community was launched by BitClub Community scammer Joe Abel. In December 2019 Abel was gearing as much as promote Dunamis Community’s affiliate-base to theOnyx Life-style Ponzi scheme.

5 days after Ankrah’s Fb put up, information broke that Joe Abel had been arrested by US authorities for his position in BitClub Community.

This seems to be across the time Ankrah break up and went off to launch ClicXAds.

Previous to Dunamis Community Ankrah was selling iMarketsLive for a couple of months.

Going again additional, in 2017 Ankrah was selling the World Dynamic Advertising and marketing Ponzi scheme and Appi Travels (then working as a pyramid scheme).

In 2016 it was Vida Divina, which so far as I can inform was Ankrah’s first “severe” MLM enterprise. /finish replace

 

Alexa at present cites India (29%), Egypt (16%) and Malaysia (5%) as the highest three sources of site visitors to ClicXAds’ web site.

As all the time, if an MLM firm shouldn’t be overtly upfront about who’s operating or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.

ClicXAds’ Merchandise

ClicXAds has no retailable services or products, with associates solely in a position to market ClicXAds affiliate membership itself.

ClicXAds’ Compensation Plan

ClicXAds associates make investments bitcoin on the promise of marketed returns.

  • Yellow – 0.002861 BTC (requires Fundamental membership)
  • Blue – 0.006312 BTC (requires Skilled membership)
  • Inexperienced – 0.01434 BTC (requires Enterprise membership)
  • Purple – 0.02872 BTC (requires VIP membership)

ClicXAd affiliate membership is subscription primarily based, and determines returns on the above funding tiers.

  • Fundamental – no value, returns capped at 105%
  • Skilled – 0.001733 BTC a month, returns capped at 111%
  • Enterprise – 0.004619 BTC a month, returns capped at 115%
  • VIP – value not disclosed, returns capped at 118%

Referral Commissions

ClicXAds pays referral commissions on invested funds down three ranges of recruitment (unilevel):

  • Fundamental tier associates obtain 3% on stage 1 (personally recruited associates)
  • Skilled tier associates obtain 4% on stage 1 and 1% on stage 2
  • Enterprise tier associates obtain 5% on stage 1, 2% on stage 2 and 1% on stage 3
  • VIP tier associates obtain 6% on stage 1, 3% on stage 2 and a couple of% on stage 3

Matrix Commissions

ClicXAds has some form of randomized matrix in its compensation plan.

ClicXAds advertising and marketing particulars commissions paid down six tiers, however fails to offer specifics on matrix dimension or what commissions are paid out on.

Presumably, matrix commissions are paid on affiliate membership payment funds.

For reference, listed below are the matrix stage fee charges:

  • stage 1 – 20%
  • stage 2 – 15%
  • stage 3 – 10%
  • stage 4 – 7%
  • stage 5 – 5%
  • stage 6 – 2%

Supposedly the matrix is shuffled round each 7 days.

Becoming a member of ClicXAds

ClicXAds affiliate membership ranges from free to the undisclosed month-to-month value of VIP membership.

  • Fundamental – no month-to-month value
  • Skilled – 0.001733 BTC a month
  • Enterprise – 0.004619 BTC a month
  • VIP – value not disclosed

The extra an affiliate spends on membership charges the upper their revenue potential via ClicXAds’ compensation plan.

Word that each one funds inside ClicXAds are made in bitcoin.

Conclusion

ClicXAds is a straightforward adcredit Ponzi scheme.

You enroll, spend money on AdPacks and gather a return paid out of subsequent funding.

The usage of invested funds to pay returns is what makes ClicXAds a Ponzi scheme.

Commissions paid on recruited affiliate funding provides an extra pyramid layer to the scheme.

As with all MLM Ponzi schemes, as soon as affiliate recruitment runs dry so too will new funding.

It will starve ClicXAds of ROI income, ultimately prompting a collapse.

The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of contributors lose cash.