Zax supplies no data on its web site about who owns or runs the corporate.
Zax’s web site area (“zaxtokens.io”) was privately registered on August seventh, 2021.
Apparently sufficient Zax’s social media accounts seem to have already been terminated;
Zax’s offered Fb web page hyperlink throws up an identical error.
As all the time, if an MLM firm shouldn’t be overtly upfront about who’s working or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.
Zax’s Merchandise
Zax has no retailable services or products.
Associates are solely in a position to market Zax token itself.
Zax’s Compensation Plan
Zax associates put money into ZAX tokens. As soon as invested in, Zax associates park their tokens with the corporate.
That is carried out on the promise of a 0.5% a day ROI, capped at 200%.
Be aware that funding positions additionally expire if 500% is reached in mixed every day returns and earned commissions.
No matter whether or not a ZAX funding place expires at 200% or 500%, reinvestment is then required to proceed incomes (reinvestment resets the 200%/500% cap).
The MLM facet of Zax pays on recruitment of affiliate traders.
Referral Commissions
Zax pays referral commissions on invested tokens through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel workforce, with each personally recruited affiliate positioned straight below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel workforce.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Zax caps referral commissions down seven unilevel workforce ranges.
Referral commissions are paid as a proportion of funds invested throughout these seven ranges as follows:
- degree 1 (personally recruited associates) – 10%
- degree 2 – 3%
- ranges 3 to six – 1%
- degree 7 – 3%
Be aware that unlocking every unilevel workforce requires recruitment; recruit one affiliate to receives a commission on one degree, recruit two associates to receives a commission on two ranges and so forth and so forth.
ROI Match
By recruiting two associates, Zax associates qualify for a ten% ROI match down two unilevel workforce ranges.
Becoming a member of Zax
Zax affiliate membership is free.
Participation within the connected revenue alternative nonetheless requires funding in ZAX tokens.
Reinvestment is required as soon as a 200% ROI has been reached, or 500% when returns are mixed with earned commissions.
Zax Conclusion
Zax is a straightforward smart-contract Ponzi scheme.
ZAX token “is a TRC20 token on the TRON Blockchain”. That is the equal of an ERC-20 token on the ethereum blockchain.
TRC20 tokens take a couple of minutes to arrange at little to no price.
Zax associates hand over TRON for ZAX tokens, switch them to the smart-contract and obtain a every day return.
Returns are paid in ZAX tokens, which whoever owns Zax generates on demand.
If Zax is all being run from a central smart-contract, MLM commissions are paid out in TRON.
The excellent news is we will see how ZAX is doing because of dUh BlOcKcHaIn.
As I write this Zax’s contract steadiness is 0.000048 TRX. This implies promotion of ZAX hasn’t but begun, or the Ponzi scheme has already collapsed.
Both approach in the event you did or plan to put money into Zax, sorry in your loss.