LXPLife supplies no info on its web site about who owns or runs the corporate.
LXPLife’s web site area (“lxplife.io”), was privately registered on November twenty eighth, 2021.
LXPLife hosts its compensation documentation of a GitHub repository bearing the title “Husty Options”. The repository account title is Husty Community.
These are a part of Husty Designs, an MLM crypto rip-off manufacturing facility.
BehindMLM has beforehand reviewed two Husty Designs scams; iLearning Crypto and Twin TurboTRX.
Different scams featured on Husty Designs’ GitHub repository embrace Freedom Inu and Wokung Inu.
Who owns Husty Designs is unclear. The corporate is believed to function out of Chennai, India.
Alexa at present ranks the US as the one vital supply of site visitors to LXPLife’s web site (96%).
As at all times, if an MLM firm isn’t overtly upfront about who’s working or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
LXPLife’s Merchandise
LXPLife has no retailable services or products.
Associates are solely in a position to market LXPLife affiliate membership itself.
LXPLife affiliate membership supplies entry to what seems to be an e book library.
LXPLife associates additionally acquire entry to a reduction journey reserving platform. No particular particulars are offered.
Neither the e book library or journey reserving engine have something to do with LXPLife’s MLM alternative.
LXPLife’s Compensation Plan
LXPLife associates make investments binance coin (BNB), right into a X tier 2×2 matrix cycler.
A 2×2 matrix locations an affiliate on the high of a matrix, with two positions immediately underneath them:
These two positions type the primary degree of the matrix. The second degree of the matrix is generated by splitting these first two positions into one other two positions every (4 positions).
When all six positions within the matrix are stuffed, a “cycle” is triggered.
A cycle pays commissions and generates a brand new place in a brand new same-tier matrix.
Funds are made as positions in a matrix fill. To maintain issues easy nevertheless, I’ve simply offered the totals.
There are 13 tiers in LXPLife’s cycler. All tiers operate the identical, pay a payment, matrix positions are stuffed by way of subsequent payment funds, money out.
Funds throughout LXPLife’s 13 cycler tiers are as follows:
- Tier 1 – make investments $25 and obtain $67.50 plus a brand new Tier 1 place
- Tier 2 – make investments $50 and obtain $135 plus a brand new Tier 2 place
- Tier 3 – make investments $100 and obtain $270 plus a brand new Tier 3 place
- Tier 4 – make investments $200 and obtain $540 plus a brand new Tier 4 place
- Tier 5 – make investments $400 and obtain $1080 plus a brand new Tier 5 place
- Tier 6 – make investments $800 and obtain $2160 plus a brand new Tier 6 place
- Tier 7 – make investments $1600 and obtain $4320 plus a brand new Tier 7 place
- Tier 8 – make investments $3200 and obtain $8640 plus a brand new Tier 8 place
- Tier 9 – make investments $6400 and obtain $17,280 plus a brand new Tier 9 place
- Tier 10 – make investments $12,800 and obtain $34,560 plus a brand new Tier 10 place
- Tier 11 – make investments $25,600 and obtain $69,120 plus a brand new Tier 11 place
- Tier 12 – make investments $51,200 and obtain $138,240 plus a brand new Tier 12 place
- Tier 13 – make investments $102,400 and obtain $276,480 plus a brand new Tier 13 place
Word that every cycler tier have to be invested into individually.
Referral Commissions
LXPLife pays a referral fee when personally recruited associates make investments into sure cycler tiers.
- tier 1 pays a $25 referral fee
- tier 4 pays a $50 referral fee
- tier 6 pays a $100 referral fee
- tier 8 pays a $200 referral fee
- tier 10 pays a $400 referral fee
- tier 11 pays an $800 referral fee
- tier 12 pays a $1600 referral fee
- tier 13 pays a $3200 referral fee
Prosperity Fairness Pool
LXPLife takes 0.3% of invested funds and locations them into the Prosperity Fairness Pool.
The Prosperity Fairness Pool is cut up between the corporate’s high ten recruiters by funding quantity:
- high recruiter receives a 25% Prosperity Fairness Pool share
- second recruiter receives a 20% Prosperity Fairness Pool share
- third recruiter receives a 15% Prosperity Fairness Pool share
- fourth recruiter receives a 12% Prosperity Fairness Pool share
- fifth recruiter receives a ten% Prosperity Fairness Pool share
- sixth and seventh recruiters every obtain a 5% Prosperity Fairness Pool share
- eighth recruiter receives a 3% Prosperity Fairness Pool share
- ninth and tenth recruiters every obtain a 2.5% Prosperity Fairness Pool share
The Prosperity Fairness Pool is calculated and paid weekly.
LXPLife Conclusion
LXPLife is an easy smart-contract Ponzi scheme.
As a substitute of simply admit that, right here’s the advertising pitch:
LXP LIFE was created with a deep function of Liberating and Therapeutic Nations!
We offer options for individuals struggling mentally, emotionally, bodily, and financially.
Whether or not you’re poor or rich these areas want Therapeutic throughout the board. You may have the next life function than working and paying payments.
So allow us to aid you develop into the masterful creator you had been meant to be and reclaim Dominion and Abundance which is your TRUE Start Proper!
The truth of MLM Ponzi schemes is that they solely profit those that create them and high recruiters.
This comes on the expense of nearly all of buyers, who’re assured to lose cash.
Being a cycler Ponzi scheme, when recruitment inevitably dries up LXPLife’s matrices will start to stall.
As soon as sufficient matrices have stalled, an irreversible collapse is triggered.
It will see LXPLife’s nameless admin(s) disappear, together with what’s left of invested funds.