iX World launched final yr and is headed up by co-founders Anita Davis (COO), Helen Boyle (CCO) and Joe Martinez (CEO).
On iX World’s web site Martinez is introduced as the only founding father of the corporate. Davis and Boyle seem within the buyer testimonials part, which is disingenuous seeing because it’s their firm.
Previous to co-founding iX World, Joe Martinez (proper) was selling Kuvera World.
Kuvera World is/was a part of Investview, who’ve been openly committing securities fraud within the US for years.
After a number of collapses the scheme lastly fell aside early final yr. Kuvera has since rebooted itself as iGenius.
iX World’s web site area (“ixglobal.us”) was registered in January 2020, one month previous to the official collapse.
Helen Boyle additionally seems to have been a Kuvera World affiliate.
Apart from her deserted motivational movies YouTube channel, I wasn’t capable of finding something MLM associated on Anita Davis.
That mentioned, Kuvera World appears to be the frequent hyperlink between the three.
Replace twenty third February 2021 – It seems previous to IX World Anita Davis was concerned in “IGOnline” (Dec 2017 – Dec 2019).
As per an IGOnline investor, IGOnline marketed an “foreign exchange automation service”.
The Fb group IGOnline was renamed IX World UK in March 2020:
So far as I can inform, IGOnline seems to be the precursor of IX World. /finish replace
Each Boyle and Davis are based mostly out of the UK. Joe Martinez is from the US.
iX World doesn’t present a company deal with on its web site. iX World’s web site phrases and circumstances nonetheless state:
all elements of the Web site and Firm Providers shall be ruled by and construed in accordance with the interior legal guidelines of the State of Utah.
Learn on for a full assessment of iX World’s MLM alternative.
iX World’s Merchandise
iX World market an app-based private improvement platform.
iX has created a platform that can assist you to innovate and remodel your life.
Our platform makes use of a few of in the present day’s newest traits after which we weave these traits along with good old style precept centered improvement (in each or any space you want to develop).
Entry to iX World’s platform is
- $124.99 a month for Primary
- $145 a month for Professional
- $174.99 a month for Premium (affiliate membership choice)
Quarterly billing cycles are additionally out there.
Addons out there embrace:
- a hosted account for $19.99 a month
- a hosted account plus iX Alerts for $39.99 a month
- Alerts Professional for $19.99 a month
No details about iX World’s add-ons is offered.
I ought to level out that the above knowledge relies off of iX World’s present web site.
A advertising and marketing video uploaded to iX World’s official YouTube channel on February ninth suggests all three membership tiers present affiliate membership:
iX World’s Compensation Plan
iX World don’t present a replica of their compensation plan on their web site.
The next evaluation has been put collectively from iX World’s “iX World Ambassador Program” video.
This video was uploaded to iX World’s official YouTube channel on February ninth.
iX World Affiliate Ranks
There are eleven affiliate ranks inside iX World’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Energetic – join as an iX World affiliate and recruit and keep two personally recruited associates
- Scholar – keep two personally recruited associates and generate 1000 GV a month
- Apprentice – keep two personally recruited associates and generate 2000 GV a month
- Coach – keep two personally recruited associates and generate 5000 GV a month
- Govt Coach – keep two personally recruited associates and generate 10,000 GV a month
- Influencer – keep two personally recruited associates and generate 25,000 GV a month
- Regional Influencer – keep two personally recruited associates and generate 50,000 GV a month
- World Influencer – keep two personally recruited associates and generate 100,000 GV a month
- Grasp Influencer – keep two personally recruited associates and generate 250,000 GV a month
- Presidential Influencer – keep two personally recruited associates and generate 500,000 GV a month
- Elite Influencer – keep two personally recruited associates and generate 1,000,000 GV a month
Personally recruited associates will need to have an energetic subscription and be positioned on on either side of the binary group.
GV stands for “Group Quantity” and is often calculated as whole downline gross sales quantity.
Recruitment Commissions
iX World associates are paid an undisclosed share of charges paid by personally recruited iX World associates.
The instance offered in iX World’s advertising and marketing video particulars a $15 fee paid on recruitment of a Professional tier affiliate.
This equates to 10.3% of charges paid.
Recruitment commissions are paid month-to-month, so long as recruited associates proceed to pay charges.
Residual Fee
iX World pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary group, break up into two sides (left and proper):
The primary degree of the binary group homes two positions. The second degree 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 degree housing twice as many positions because the earlier degree.
Positions within the binary group are crammed through direct and oblique recruitment of associates. Observe there isn’t any restrict to how deep a binary group can develop.
On the finish of every week iX World tallies up new membership quantity on each side of the binary group.
Residual commissions are paid as 10% to twenty% of quantity generated on the weaker binary group facet.
Particular residual fee share charges are decided by rank:
- Actives earn a ten% residual fee price capped at $300 over a rolling 4 week interval
- College students earn a ten% residual fee price capped at $500 over a rolling 4 week interval
- Apprentices earn a ten% residual fee price capped at $2000 over a rolling 4 week interval
- Coaches earn a ten% residual fee price capped at $5000 over a rolling 4 week interval
- Govt Coaches earn a ten% residual fee price capped at $10,000 over a rolling 4 week interval
- Influencers earn a 15% residual fee price capped at $25,000 over a rolling 4 week interval
- Regional Influencers earn a 15% residual fee price capped at $50,000 over a rolling 4 week interval
- World Influencers earn a 15% residual fee price capped at $100,000 over a rolling 4 week interval
- Grasp Influencers earn a 15% residual fee price capped at $250,000 over a rolling 4 week interval
- Presidential Influencers earn a 20% residual fee price capped at $500,000 over a rolling 4 week interval
- Elite Influencers earn a 20% residual fee price capped at $1,000,000 over a rolling 4 week interval
VIP Bonus
The VIP Bonus is a four-week bonus tied to downline membership charge quantity.
There are six VIP Bonus tiers:
- VIP 100 – generate 360 GV and 360 PEV a month and obtain $100
- VIP 500 – generate 1170 GV and 1080 PV a month and obtain $450
- VIP 1000 – generate 3600 GV and 3600 PEV a month and obtain $900
- VIP 2000 – generate 10,800 GV and 10,800 PEV a month and obtain $2000
- VIP 4000 – generate 22,500 GV and 22,500 PEV a month and obtain $4000
- VIP 8000 – generate 45,000 GV and 45,000 PEV a month and obtain $8000
PEV stands for “Private Enrollment Quantity”. PEV is often gross sales quantity generated by private recruitment.
I’m undecided if that’s the case with the VIP Bonus.
Lastly there’s additionally an unexplained “MAU” column:
I suppose this would possibly pertain to the utmost quantity permitted from anyone unilevel group leg however can’t say for positive.
Apologies for the deficiencies however with out precise iX World compensation documentation that is all that’s on the market.
Becoming a member of iX World
As per a February ninth advertising and marketing video, the acquisition of any of iX World’s platform memberships will present affiliate membership.
- $124.99 a month for Primary
- $145 a month for Professional
- $174.99 a month for Premium
The first distinction between the membership choices seems to be how a lot you’ll be able to dump in iX World’s passive buying and selling alternative.
Conclusion
iX World markets itself as an training platform.
Yearly we launch a free 60 to 90 minute Masterclass the place an iX coach guides you thru a strong transformational precept. Lessons are free to attend. Watch to attach with nice mentors and find out about upcoming occasions.
What you gained’t discover mentioned anyplace on iX World’s public dealing with web site, is its passive funding scheme.
Observe that the video above is “unlisted”. iX World tightly management promotion of their passive funding alternative.
On this sense iX World is nothing greater than a clone of Kuvera World’s varied fraudulent funding schemes.
It’s the same old nonsense, AI buying and selling bots, generate profits whilst you sleep and so forth. and so forth.
Alone there’s nothing unlawful about automated buying and selling. While you present a passive funding alternative by means of an MLM firm nonetheless, it constitutes a securities providing.
iX World is just not registered to supply securities within the US, UK or anyplace else on this planet.
Securities fraud is against the law, therefore the secrecy round iX World’s hidden funding alternative.
There may be an emphasis on iX World offering a “self managed account service”, nonetheless reliance on an undisclosed third-party bot means nothing is actually self managed.
Be it by means of your account or theirs, you’re nonetheless pooling funds beneath the management of iX World (“a standard enterprise), on the expectation of an marketed passive 5% to 30% month-to-month return.
It doesn’t matter what you add to that or the way you phrase it, that’s an funding contract as per the Howey Take a look at.
The remainder of iX World’s compensation plan is pyramid recruitment. Pay a charge every month and receives a commission to recruit others who do the identical.
As with Kuvera World, fraudulent funding schemes don’t final. They’re both shut down by authorities or collapse when recruitment inevitably dries up.
And as with all “however they will’t contact our cash!” funding scams, there’s additionally the potential for a rigged trades exit-scam.
Nevertheless it performs out iX World gained’t finish any otherwise to Kuvera World, solely this time Joe Martinez and pals gained’t be left holding the bag.
You’ll.