What Is Alysdax? – Another Ponzi Scheme?
In order to build wealth, there are three things you need to be active in.
You either need to invest in the creation of a business, invest in real estate, or invest in stocks.
Now you don’t need to do all three, but at the very least you need to do one of them.
Regardless of which option you choose, it’s obvious that building wealth is dependent on your ability to invest.
Which brings us to Alysdax. Many are wondering if this company is some sort of scam or not.
Well in this review I plan on going over everything you need to know about this company.
Things like its background information, cost to join, and what kind of returns you get.
By the end of this, you will have a good idea if this company is worth investing in or not. So let’s get started shall we.
Alysdax Review Summary
Product Name: Alysdax
Founders: Not Available
Product Type: HYIP MLM Company
Price to join: $25 to $50,000 Minimum Investment
Best For: No one
Summary: Alysdax is a MLM company that markets high-yield investment programs. Their goal is to help you get the best return possible.
But to be honest, it looks more like your typical ponzi scheme. The main way they earn income is by recruiting others into the business.
I wasn’t able to find out who the actual owners were, and they don’t seem to have legal authority to carry out any form of investments.
More than likely you’ll lose more money than you make getting involved with this business.
What Is Alysdax?
Alysdax is a MLM company that operates in the high yield investment program niche.
They claim that they can either double or triple your investments in as little as three months.
Based on my research, the company was first made available to the public back in February of 2020.
It doesn’t say who owns the company but it seems the domain name was registered back in October of 2019.
I have no idea who registered the domain since no information is available, but AlysDax LTD is listed as the owner of the domain.
When I see such ambiguity in a company, this further leads me to believe there’s something shady going on.
So as I continued to dig into the company background. I learned that the people who promote
Alysdax have an affiliation with an old ponzi scheme called Weenzee. Which was created back in 2018 and failed miserably the following year.
And if you’re still skeptical about the connection between Alysdax and Weenzee, on Alysdax youtube channel, they even mention Weenzee.
So there is definitely something that connects the two to each other. But let’s continue.
Alysdax Product Line
Products! Yea you won’t find any products with this company.
However there is a “membership” for you to purchase that’s disguised as an investment opportunity.
Does The Product Work?
The better question should be “how is Alysdax actually making money in this” to keep funding its members?
From what I gathered, they say it’s done through margin trading.
Which is letting people purchase more stocks than they can actually afford. Almost like a gambler getting credit on a bet.
They also allow one to buy and sell securities in a single session. However, there is no evidence that trading is actually being conducted.
Now when it comes to their securities, they claim to give people the opportunity to earn income passively.
If it is true that their MLM offerings deal with securities.
Then they need to be registered with a regulatory body that allows them to carry out such transactions.
Like in the United States, we have the SEC that regulates all securities being conducted.
I don’t see this with Alysdax, which makes me wonder if they are operating illegally.
One thing that has crossed my mind is their association with Weenzee. The ponzi scheme that I mentioned earlier in this article.
They kind of have the same similarities:
- Run by Eastern Europeans
- Pretended to be based in the UK
- Used the same domain registrar
- Targets investors from Brazil
Unfortunately this cannot be proven, so it wouldn’t be just for me to make this claim.
How To Make Money With Alysdax?
When it comes to MLMs, there’s usually two ways to make money, selling products, and recruiting.
But with Alysdax, the only way you make money is by getting a return on your investment. And the way you get this ROI is by recruiting people into the program.
How To Get Started With Alysdax?
If you plan on investing into this program, it will cost you anywhere from $25 to $50,000. Based on a promise to get you a 1% return on your investment.
Not only that, but by investing into the program, you get the opportunity to participate in their compensation plan.
Alysdax Compensation Plan
Like I mentioned in the previous paragraph, you are compensated based on your investments, and your ability to recruit.
You are promised a 1% daily ROI from your investment which is paid out daily between 30 and 180 days.
With the returns you receive, you can either reinvest it, or withdraw for cash. But to be honest, you won’t be making that much money with either option.
- SP1 - sign up as an AlysDax affiliate and invest at least $25
- NP2 - invest at least $300, recruit ten affiliates and generate $1000 in total downline investment volume
- MP3 - invest at least $1000, recruit fifty affiliates and generate $10,000 in total downline investment volume
- BP4 - invest at least $5000, recruit one hundred affiliates and generate $30,000 in total downline investment volume
- LP5 - invest at least $10,000, recruit one thousand affiliates and generate $100,000 in total downline investment volume
- GP6 - invest at least $50,000, recruit three thousand affiliates and generate $1,000,000 in downline investment volume
- XP7 - invest at least $100,000, recruit ten thousand affiliates and generate $10,000,000 in downline investment volume
This is where your money is working for you. Better yet, the people that you recruit are working for you.
Each referral commission you receive is based on a unilevel compensation structure.
People that you bring into the business are placed below you. And the people that your recruits bring in are placed below them.
This can go as far as 7 levels deep.
What I Like About Alysdax
There are just too many red flags for me to like anything about this company. So if you’re interested in learning what those flags are, then please keep reading.
What I Don’t LIke About Alysdax
#1. No Owner Info
For me, this has to be one of the biggest red flags of them all.
That’s because when I decide to join a company, I like to know who is the brains behind the operation.
So when I see no information about who owns the company, I automatically question it’s legitimacy.
And I’m sure it does the same for you as well.
It tells me that you are hiding something and that you don’t want to be held accountable if and when something goes wrong.
#2. No Securities Regulation
If you’re dealing with securities, then you need to be registered with a financial regulatory institution.
And from what I’ve gathered, I don’t see any proof that this is the case with Alysdax. Therefore what they’re doing is considered illegal.
And please don’t get confused with the fact that they are registered as a business.
That doesn't matter if they’re not registered to carry out the type of transactions they seem to be carrying out.
#3. Recruitment Is Source Of Income
I doubt there are any investments being done to generate revenue, therefore their only source of income is recruitment.
By having each person they bring into the business make an investment.
Is Alysdax A Scam?
I can’t see how they’re not a scam.
They make it seem like their company is some sort of Multi Level Marketing business, but it’s anything but that. It’s more of a ponzi scheme if anything.
And here is a quick list of the reasons why this is the case:
- You can’t find one piece of information in regards to who owns the business. This makes me think they’re either hiding something, or they’re just trying to avoid any liability.
- If you’re promising people a return on their investment, there needs to be some sort of proof. Like a financial statement or something.
- Even if it is true that they are actually investing people’s money for profit, they may be doing this illegally. You have to be registered to carry out these sort of transactions.
My recommendation is to stay as far away from this company as possible.
If you’re really serious about making money online, then I would suggest finding a program that will help educate you on how money is made online.
With this education, you can then build your own online business that can sustain you for years to come.
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