Coinaxium fails to provide company ownership or executive information on its website.
Coinaxium’s website domain (“coinaxium.com”), was privately registered on March 11th, 2022.
SimilarWeb reports an uptick of traffic to Coinaxium’s website beginning June 2022:
Top sources of traffic are France (36%), the UK (21%) and Switzerland.
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.
Coinaxium’s Products
Coinaxium has no retailable products or services.
Affiliates are only able to market Coinaxium affiliate membership itself.
Coinaxium’s Compensation Plan
Coinaxium funnels investors into various crypto Ponzi schemes:
At the top of the list is CoinAxium itself, a 250% ROI Ponzi run through inhouse AXIUM.
Other Ponzi schemes featured are:
Investment into Coinaxium’s featured Ponzi schemes takes place through $50 to $20,000 “packages”.
The MLM side of Coinaxium pays on recruitment of affiliate investors.
CoinAxium Affiliate Ranks
Coinaxium’s compensation plan has eleven affiliate ranks.
Along with their qualification criteria, they are as follows:
- VIP0 – sign up as a Coinaxium affiliate
- VIP1 – invest $50 into Coinaxium’s featured Ponzi schemes
- VIP2 – invest $100 into Coinaxium’s featured Ponzi schemes
- VIP3 – invest $500 into Coinaxium’s featured Ponzi schemes
- VIP4 – invest $1000 into Coinaxium’s featured Ponzi schemes
- VIP5 – invest $2000 into Coinaxium’s featured Ponzi schemes
- VIP6 – invest $5000 into Coinaxium’s featured Ponzi schemes
- VIP7 – invest $7000 into Coinaxium’s featured Ponzi schemes
- VIP8 – invest $10,000 into Coinaxium’s featured Ponzi schemes
- VIP9 – invest $15,000 into Coinaxium’s featured Ponzi schemes
- VIP10 – invest $20,000 into Coinaxium’s featured Ponzi schemes
Note that investments qualify a Coinaxium affiliate for 120 days.
After 120 days reinvestment is required to rank qualify again.
Referral Commissions
Coinaxium affiliates earn a percentage of funds invested by personally recruited affiliates:
- VIP0 ranked affiliates earn a 2% referral commission
- VIP1 ranked affiliates earn a 4% referral commission
- VIP2 ranked affiliates earn a 4.5% referral commission
- VIP3 ranked affiliates earn a 5% referral commission
- VIP4 ranked affiliates earn a 5.5% referral commission
- VIP5 ranked affiliates earn a 6% referral commission
- VIP6 ranked affiliates earn a 6.5% referral commission
- VIP7 ranked affiliates earn a 7% referral commission
- VIP8 ranked affiliates earn an 8% referral commission
- VIP9 ranked affiliates earn a 9% referral commission
- VIP10 ranked affiliates earn a 10% referral commission
Residual Commissions
Coinaxium pays residual commissions 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.
Residual commissions are paid as 10% of funds invested, capped across fifty unilevel team levels.
- VIP0 affiliates earn a 2% residual commission on one level (personally recruited affiliates)
- VIP1 affiliates earn a 4% residual commission across five levels
- VIP2 affiliates earn a 4.5% residual commission across ten levels
- VIP3 affiliates earn a 5% residual commission across fifteen levels
- VIP4 affiliates earn a 5.5% residual commission across twenty levels
- VIP5 affiliates earn a 6% residual commission across twenty-five levels
- VIP6 affiliates earn a 6.5% residual commission across thirty levels
- VIP7 affiliates earn an 7% residual commission across thirty-five levels
- VIP8 affiliates earn a 8% residual commission across forty levels
- VIP9 affiliates earn a 9% residual commission across forty-five levels
- VIP10 affiliates earn a 10% residual commission across fifty levels
Residual commission amounts are coded, meaning 10% is paid on all Coinaxium investment.
VIP10 affiliates earn the full 10% on investment by any affiliates they refer.
Residual commissions are calculated as the difference between lower ranks.
E.g. A VIP5 affiliate recruits an affiliate who invests. At VIP5 they earn a 6% residual commission, with 4% left to pay out (10% minus 6%).
The system then searches upline for a VIP6 or higher ranked affiliate.
- if a VIP6 is found first, they are paid 0.5% (6.5% minus the 6% already paid out), leaving 3.5% to pay upline to VIP7 and/or higher ranked affiliates
- if a VIP7 is found first, they are paid 1% (7% minus the 6% already paid out), leaving 3% to pay upline to VIP8 and/or higher ranked affiliates
- if a VIP8 is found first, they are paid 2% (8% minus the 6% already paid out), leaving 2% to pay upline to VIP9 and/or higher ranked affiliates
- VIP9 and VIP10 are paid in the same manner, following 9% and 10% rank payments respectively.
Note that any time a VIP10 affiliate is found, they receive the full amount pending to be paid out.
Joining Coinaxium
Coinaxium affiliate membership is free.
Full participation in the attached income opportunity requires a $50 to $20,000 investment every 180 days.
Coinaxium Conclusion
Coinaxium markets itself as a
go-to safe and secure marketplace for everyone from a new bee to a professional user.
There’s nothing safe about Ponzi schemes. In reality Coinaxium is a downline feeder for whoever is running the site.
I’m not sure whether Coinaxium investment packages are plugged directly into the third-party Ponzis or whether the admin manually transfers Ponzi coins from their own backoffice.
Either way, on top of the MLM compensation plan, Coinaxium’s owner benefits each time someone invests in a Ponzi scheme through Coinaxium.
The MLM side of Coinaxium functions as a pyramid scheme, once again primarily benefiting Coinaxium’s owner.
Coinaxium’s own Ponzi scheme is the usual staking nonsense (invest in a shitcoin, park it with the company and receive more of the shitcoin).
AXIUM is a BEP-20 shitcoin. BEP-20 shitcoins run on the Binance Smart Chain. They take a few minutes to set up at little to no cost.
Like the third-party Ponzis promoted by Coinaxium, it’s own Ponzi will last as long as there’s invested crypto to steal (AXIUM itself is worthless).
Be it Coinaxium’s own Ponzi or the promoted third-party scams, math guarantees the majority of investors in any Ponzi scheme will lose money.