Author Avatar

editor

0

Share post:

DefiNetworx does not reveal who owns or operates the firm on its website.

Privately registered on August 4, 2021, DefiNetworx’s website domain (definetworx.com) is now live.

This company’s webpage states that it is “located in the UK and Lugano, Switzerland.”

There is no evidence to back up this information.

According to official marketing literature, “Norberto Parisella” is the CEO of DefiNetworx.

Parisella is shown by a cropped image of a man who is unknown to us. Outside of DefiNetworx’s marketing materials, he is a fictional character.

Massimiliano Camozza, the CTO of DefiNetworx, appears to be a real person.

According to the business’s website, Polo Swiss AG is a Swiss-based blockchain bro company. Camozza is identified as CEO of Polo Swiss AG in the video.

At “polomultimodal,” Polo Swiss AG maintains a webpage. Polo Multimodal Pecem looks to be a subsidiary of the company.

You won’t find a lot of activity over there. Since April 2021, “News” has not been updated. Since July 2020, Polo Swiss AG’s Facebook page has not been updated.

As stated in the DefiNetworx corporate biography of Camozza,

2017 was the year he became an Engineer and Financial Analyst in the fields of blockchain and cryptography, respectively.

This might signify anything…

Massimiliano Camozza, rather than Norberto Parisella, appears to be DefiNetworx’s real blockchain bro.

Don’t join or send over money to an MLM firm until it’s clear who is in charge and who controls the company.

Products of DefiNetworx

DefiNetworx does not offer any products or services that may be sold to the public.

A DefiNetworx affiliate membership is the only thing that an affiliate may promote.

Compensation Structure at DefiNetworx

DefiNetworx’s affiliates invest tether and bitcoin in the hope of earning the stated 5000 % ROI.

  • Silver- You may gain up to 1100 % if you invest $250.
  • Crystal- You can make up to 1400% after a $500 investment.
  • Gold- You may make up to 1700% after a $1000 investment.
  • Ruby- You can make up to 2,000% after a $1000 investment.
  • Royal- Invest $100,000 and get up to a 4000 % ROI.
  • Royal Diamond- Invest $250,000 and get up to a 5000 % return.

DefiniNetworx pays a variable daily % for 36 months.

Payouts for recruiting affiliate investors are made on the MLM side of DefiNetworx’s business model.

For the Matching Bonus and residual commissions, you must have at least two active investors in your network to be eligible.

Commissions for Referrals

Personal referrals earn DefiNetworx a 5% reward on any cash invested.

DefiNetworx uses a binary compensation model to pay residual commissions.

A binary compensation system sets an affiliate at the head of a binary team divided into two halves (left and right).

There are two places on the binary team’s initial level. After dividing the initial two places into two more each, you have the binary team’s structure.

Affiliates are recruited both directly and indirectly to fill open positions on the binary team. Observe that a binary team can grow infinitely deep.

Definetworx keeps track of fresh investment volume on both sides of the binary team after each day.

Eight % of the funds invested in the weaker binary team side earn residual commissions at DefiNetworx.

Affiliates of DefiNetworx can earn “up to $300,000 per month in the binary bonus,” according to the company’s incentive scheme. There are no other details given.

Unilevel Bonus DefiNetworx offers a Matching Bonus in the form of a single lump-sum payment.

Affiliates recruited by level 1 members are put on the second level of their uni-level team.

There is a possible endless number of layers of affiliates; therefore, if any level 2 affiliates join new affiliates, they are placed on level 3 and so forth.

Matching Bonus

There are ten team levels in the Matching Bonus.

For each of these ten tiers, the Matching Bonus is distributed as the following proportion of residual commissions earned and daily ROI:

  • level 1 (personally recruited affiliates) – 3%
  • levels 2 to 10 – 1%

Joining DefiNetwork

 DefiNetwork’s affiliate membership costs $10 plus an initial $100 to $250,000 to join.

DefiNetworx’s compensation model rewards affiliates based on how much money they put in.

DefiNetworx is looking for tether and bitcoin investment.

Conclusion

DefiNetworx employs the standard MLM crypto Ponzi ruses to describe how it offers returns of up to 5000 %:

“High returns with little risk and speedy withdrawals are the goals of our AI-based system”.

Our blockchain startup boasts the most cutting-edge technology in the industry.

In the absence of any proof, DefiNetworx does not appear to be a source of foreign revenue.

DefiNetworx also fails to produce proof of registration with financial regulators, although proposing security through a three-year passive investment plan.

This suggests that, at the very least, DefiNetworx is guilty of stock fraud.

As things stand, DefiNetworx’s main revenue stream is from new investment.

It’s a Ponzi scam since new money is used to pay daily returns. The scheme’s pyramid structure is further complicated by the payment of commissions on monies invested by affiliates who have been recruited.

When fresh investors stop pouring into MLM Ponzi scams, recruiting stops too.

Affiliates will continue to get monopoly money returns, but they will soon stop receiving withdrawals from DefiNetworx.

The token launch looks to be DefiNetworx’s preferred exit scheme when that comes.

DefiNetwork will create its own token as a result of this. The token will eventually be used for withdrawals, preventing investors from getting their money out of the system.

DefiNetworx’s token exit-scam strategy will first compensate affiliates when they withdraw tokens.

So, DefiNetworkx members may stop hoarding another useless MLM shitcoin for the time being.

A Ponzi scheme’s mathematical model ensures that most investors lose money.

Wombia Review: Is A Fraud
Xelius Review: Is A Fraud

Leave a Comment

Your email address will not be published. Required fields are marked *