Exp Asset supplies no data on their web site about who owns or runs the corporate.
The Exp Asset web site area (“expasset.com”) was privately registered on March tenth, 2018.
On its web site, Exp Asset claims to be integrated in Nevis as Silesia Capital Administration.
There isn’t any reliable cause for an MLM firm to be integrated in Nevis.
Widespread causes jurisdictions like Nevis are chosen by MLM firm homeowners embody tax evasion, cash laundering and company secrecy.
On the time of publication Alexa cites China as the most important supply of site visitors to the Exp Asset web site (31%). The US (18%) and Korea (10%) observe intently behind.
It’s extremely seemingly that whoever is working Exp Asset is predicated out of one among these three nations.
Replace ninth December 2018 – Seems Exp Asset is a European firm. Exp Asset advertising and marketing materials credit Patryk Krupinski as CEO of the corporate:
In response to his LinkedIn Profile, Krupinski is predicated out of Luxembourg. Initially nonetheless he seems to be from Poland.
Be aware that though Krupinski lists his CEO place as terminating in August 2018 on LinkedIn, he’s nonetheless actively selling Exp Asset on his Fb profile.
So far as I can inform, Krupinski doesn’t seem to have an MLM historical past. /finish replace
As at all times, if an MLM firm shouldn’t be brazenly upfront about who’s working or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
Exp Asset Merchandise
Exp Asset has no retailable services or products, with associates solely capable of market Exp Asset affiliate membership itself.
The Exp Asset Compensation Plan
Exp Asset associates make investments on the promise of a 1% ROI paid day by day for 120 days (120% whole ROI).
The minimal quantity Exp Asset associates can make investments at a time is $100, deposited in bitcoin.
Referral Commissions
Exp Asset associates who make investments $1000 or extra qualify for an 8% referral fee on funds invested by personally recruited associates.
Residual Commissions
Exp Asset pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary group, break up into two sides (left and proper):
The primary stage of the binary group homes two positions. The second stage of the binary group is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary group are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary group are crammed by way of direct and oblique recruitment of associates. Be aware there isn’t a restrict to how deep a binary group can develop.
On the finish of every day Exp Asset tallies up new funding quantity on either side of the binary group.
Associates are paid 10% of generated quantity on their weaker binary group aspect.
Be aware that so as to qualify for residual commissions, an Exp Asset affiliate should recruit and keep two lively affiliate buyers (one on both sides of the binary group).
Prizes
Exp Asset rewards associates with “prizes” upon assembly the next qualification standards:
- Sixth Prize (make investments at the least $500, generate at the least $20,000 in funding quantity in your weaker binary group aspect, recruit at the least three associates and have a downline of at the least 200 associates) = “smartwatch”
- Fifth Prize (make investments at the least $1000, generate at the least $60,000 in funding quantity in your weaker binary group aspect, recruit at the least six associates and have a complete downline of at the least 500 associates (max 200 from anyone recruitment leg)) = iPhoneX
- Fourth Prize (make investments at the least $2000, generate at the least $120,000 in funding quantity in your weaker binary group aspect, recruit at the least twelve associates and have a complete downline of at the least 1000 associates (max 400 from anyone recruitment leg)) = MacBook
- Third Prize (make investments at the least $5000, generate at the least $500,000 in funding quantity in your weaker binary group aspect, recruit at the least 15 associates (two of which have certified for the Fourth Prize) and have a complete downline of at the least 2500 associates (max 1000 from anyone recruitment leg)) = Rolex or Breitling watch
- Second Prize (make investments at the least $15,000, generate at the least $950,000 in funding quantity in your weaker binary group aspect, recruit at the least 20 associates (two of which have certified for the Third Prize) and have a complete downline of at the least 15,000 associates (max 6000 from anyone recruitment leg) = Porsche 718
- First Prize (make investments at the least $25,000, generate at the least $1,650,000 in funding quantity in your weaker binary group aspect, recruit at the least 25 associates (two of which have certified for the Third Prize and one for the Second Prize) and have a complete downline of at the least 25,000 associates (max 10,000 from anyone recruitment leg) = Porsche 911
Be aware that the First Prize can solely be obtained if an affiliate forfeits the Second Prize once they qualify for it.
Becoming a member of Exp Asset
Exp Asset affiliate membership is free, nonetheless associates want to take a position at the least $100 to take part within the hooked up MLM alternative.
Exp Asset investments expire each 120 days, after which an affiliate must reinvest so as to proceed incomes.
Be aware that each one funds out and in of Exp Asset are made in bitcoin.
Conclusion
Exp Asset claims to generate exterior ROI income by means of
buying and selling on monetary markets, mining cryptocurrencies, buying and selling on cryptocurrencies and making arbitrage.
As well as Exp Asset invests in start-up initiatives.
Naturally no proof of Exp Asset endeavor any of those actions is offered.
Nor, by their very own admission, is Exp Asset registered to supply securities in any jurisdiction they function in.
What you’re left with is a lavatory customary MLM cryptocurrency Ponzi scheme.
Exp Asset takes newly invested funds and makes use of them to pay current affiliate buyers a 120% ROI.
Referral and residual commissions add an extra pyramid layer to the scheme.
As with all MLM Ponzi schemes, a decline in affiliate recruitment will correspond with a decline in funding.
This can starve Exp Asset of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of buyers lose cash.