DefiNetworx gives no data on its web site about who owns or runs the corporate.
DefiNetworx’s web site area (“definetworx.com”), was privately registered on August 4th, 2021.
On its web site, DefiNetworx claims to be “based mostly in United Kingdom and Lugano Switzerland.”
No proof of this declare is offered.
Additional analysis reveals official DefiNetworx advertising and marketing materials citing “Norberto Parisella” as CEO of the corporate.
Parisella is represented by a cropped photograph of some man sourced from who is aware of the place. He doesn’t exist exterior of DefiNetworx advertising and marketing materials.
DefiNetworx’s CTO, Massimiliano Camozza, does seem like an precise individual.
Polo Swiss AG seems to be a blockchain bro firm based mostly out of Switzerland. Within the video above Camozza is credited as Polo Swiss AG’s CEO.
Polo Swiss AG has an internet site up at “polomultimodal”. It seems to run alongside a Brazilian agency going by Polo Multimodal Pecem.
There’s not a lot happening there. “Information” hasn’t been up to date since April 2021. Polo Swiss AG’s FaceBook web page hasn’t been up to date since July 2020.
In line with Camozza’s DefiNetworx company bio,
in 2017 he achieved licensed standing as a Blockchain Engineer and Monetary Blockchain Analyst.
No matter meaning…
Versus Norberto Parisella, Massimiliano Camozza seems to be the precise blockchain bro behind DefiNetworx.
As at all times, if an MLM firm just isn’t overtly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
DefiNetworx’s Merchandise
DefiNetworx has no retailable services or products.
Associates are solely capable of market DefiNetworx affiliate membership itself.
DefiNetworx’s Compensation Plan
DefiNetworx associates make investments tether and bitcoin on the promise of marketed returns, capping out at 5000% ROI.
- Bronze – make investments $100 and earn as much as 900%
- Silver – make investments $250 and earn as much as 1100%
- Crystal – make investments $500 and earn as much as 1400%
- Gold – make investments $1000 and earn as much as 1700%
- Ruby – make investments $3000 and earn as much as 2000%
- Emerald – make investments $5000 and earn as much as 2200%
- Diamond – make investments $10,000 and earn as much as 2500%
- Govt – make investments $30,000 and earn as much as 3000%
- Premium – make investments $50,000 and earn as much as 3500%
- Royal – make investments $100,000 and earn as much as 4000%
- Royal Diamond – make investments $250,000 and earn as much as 5000%
DefiNetworx pays returns as a variable day by day proportion for 36 months.
The MLM facet of DefiNetworx pays on recruitment of affiliate traders.
Observe that to qualify for residual commissions and the Matching Bonus, an affiliate should recruit and keep two associates with an lively funding.
Referral Commissions
DefiNetworx pays a 5% fee on funds invested by personally recruited associates.
Residual Commissions
DefiNetworx pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary staff, cut up into two sides (left and proper):
The primary stage of the binary staff homes two positions. The second stage of the binary staff is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary staff are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary staff are crammed by way of direct and oblique recruitment of associates. Observe there is no such thing as a restrict to how deep a binary staff can develop.
On the finish of every day Definetworx tallies up new funding quantity on each side of the binary staff.
DefiNetworx pays residual commissions as 8% of funds invested on their weaker binary staff facet.
DefiNetworx’s compensation plan states associates can earn “as much as $300,000 monthly within the binary bonus”. No additional specifics are offered.
Matching Bonus
DefiNetworx pays a Matching Bonus by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned instantly beneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel staff.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
DefiNetworx caps the Matching Bonus at ten unilevel staff ranges.
The Matching Bonus is paid out as a proportion of residual commissions earned and the day by day ROI paid throughout these ten ranges as follows:
- stage 1 (personally recruited associates) – 3%
- ranges 2 to 10 – 1%
Becoming a member of DefiNetworx
DefiNetworks affiliate membership prices $10 plus a $100 to $250,000 preliminary funding.
The extra an affiliate invests, the upper their earnings potential by way of DefiNetworx’s compensation plan.
DefiNetworx solicits funding in tether and bitcoin.
DefiNetworx Conclusion
To clarify the way it pays returns of as much as 5000%, DefiNetworx trots out the same old MLM crypto Ponzi ruses:
We’ve developed our Synthetic Intelligence based mostly system to make sure excessive return with low danger and fast withdrawal.
Our blockchain firm has probably the most superior know-how in the entire blockchain business.
There isn’t any proof DefiNetworx generates exterior income of any sort.
Additionally regardless of clearly providing a safety by means of a three-year passive funding plan, DefiNetworx fails to offer proof it has registered with monetary regulators.
Because of this at a minimal DefiNetworx is committing securities fraud.
Because it stands, the one verifiable income coming into DefiNetworx is new funding.
Utilizing new funding to pay day by day returns makes DefiNetworx a Ponzi scheme. Paying commissions on funds invested by recruited associates provides an extra pyramid layer to the scheme.
As with all MLM Ponzi schemes, when recruitment dries up so too will new funding.
DefiNetworx will proceed to pay monopoly cash returns to the affiliate backoffice, however ultimately gained’t be capable of pay withdrawals.
When that occurs, DefiNetworx’s exit-scam of selection seems to be the token launch.
This may see DefiNetwork launch its personal token. Withdrawals will ultimately be switched to the token, trapping invested funds contained in the system.
The token exit-scam mannequin will see DefiNetworx initially pay withdrawals when associates money out their tokens.
That’ll ultimately dry up, leaving nearly all of DefiNetworkx associates bagholding one more nugatory MLM shitcoin.
The maths behind Ponzi schemes ensures nearly all of members lose cash.