Ageeon fails to provide ownership or executive information on its website.

Ageeon has three known website domains:

  1. ageeon.com – privately registered on August 15th, 2019
  2. ageeon.live – privately registered on February 22nd, 2024
  3. ageeon.icu – privately registered on August 27th, 2024

In an attempt to appear legitimate, Ageeon provides Canadian shell company details for Ageeon LTD.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

 

Update 27th August 2024 – Pursuant to Ageeon pretending to have ties to Canada, the Ontario Securities Commission issued an Ageeon securities fraud warning on July 23rd, 2024. /end update

 

Over on YouTube, Ageeon has uploaded marketing videos featuring AI robo-dubbed avatars:

 

Update 22nd November 2024 – Ageeon held a marketing event in Dubai on November 20th, 2024.

The event was held at the Waldorf Astoria Hotel and put together by Dannie Rees and his company Dr. Events.

Hosting the event was Ryan Hand (below).

On social media Hand cites himself as a TV and Radio presenter from the UK.

Introduced as the “head of Ageeon” was “Mark Watson”.

Watson, who is clearly played by an actor, has what I believe is a European accent. After the actor playing Watson was done reading off his script, Rogelio Soto Acuna was wheeled out.

Acuna is a failed Mexican politician turned MLM crypto Ponzi promoter. He is introduced as a “coordinator at Ageeon”.

Back in February Acuna was a “leader” in Own Capita.

Own Capita launched in February 2024 and pitched passive returns of up to 3% a day.

The MLM crypto Ponzi went on to collapse in mdi 2024. Own Capita had it own Boris CEO, so it’s possible the same scammers who ran it are also behind Ageeon.

Following Acuna a bunch of other Ponzi scammers from other countries took to the stage. Despite the event running at around four hours, whoever is actually running Ageeon remains unknown.

Nonetheless, BehindMLM’s guidelines for Dubai are:

  1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
  2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

Why Ageeon is a scam is laid out in the rest of this review. /end update

 

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Ageeon’s Products

Ageeon has no retailable products or services.

Affiliates are only able to market Ageeon affiliate membership itself.

Ageeon’s Compensation Plan

Ageeon affiliates invest USD equivalents in cryptocurrency and cryptocurrency.

This is done on the promise of advertised passive returns:

  • IT Minimal – invest $50 to $500 and receive 0.9% to 1.3% a day
  • IT Mid – invest $500 to $5000 and receive 1.3% to 1.75% a day
  • IT High – invest $5000 to $25,000 and receive 1.6% to 2.15% a day
  • IT Supreme – invest $25,000 to $500,000 and receive 2.1% to 2.65% a day
  • MM Mid invest $200 to $100,000 and receive 3.1% to 3.55% a day
  • MM Supreme – invest $10,000 to $500,000 and receive 3.7% to 4.51% a day
  • HFT Mid – invest 0.0076 to 0.95 BTC or 0.11 to 13.88 ETH and receive 2.85% to 3.46% a day
  • HFT Supreme – invest 0.95 BTC to 9.45 BTC or 13.88 to 138.8 ETH and receive 3.3% to 4.22% a da

The MLM side of Ageeon pays on recruitment of affiliate investors.

Ageeon Affiliate Ranks

There are eight affiliate ranks within Ageeon’s compensation plan.

Along with their respective qualification criteria, they are as follows:

  • User – sign up as an Ageeon affiliate
  • Partner – generate $100,000 in downline investment volume
  • Supervisor – generate $400,000 in downline investment volume
  • Leader – generate $1,000,000 in downline investment volume
  • Coordinator – generate $4,000,000 in downline investment volume
  • Chief – generate $10,000,000 in downline investment volume
  • Ambassador – generate $40,000,000 in downline investment volume
  • Supreme – generate $100,000,000 in downline investment volume

Note that Ageeon restricts counted downline investment volume based on recruitment levels (unilevel):

  • level 1 – 100% of invested funds are counted
  • level 2 – 80% of invested funds are counted
  • level 3 – 70% of invested funds are counted
  • level 4 – 60% of invested funds are counted
  • level 5 – 50% of invested funds are counted
  • level 6 – 40% of invested funds are counted
  • level 7 – 30% of invested funds are counted
  • level 8 – 20% of invested funds are counted
  • levels 9 and 10 – 10% of invested funds are counted

For an explanation on the unilevel team, see “Referral Commissions” below.

Referral Commissions

Ageeon pays referral commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Ageeon caps payable unilevel team levels at twenty.

Referral commissions are paid as a percentage of cryptocurrency invested across these twenty levels based on rank:

  • Users receive 5% on level 1 (personally recruited affiliates), 3% on level 2, 2% on level 3 and 1% on levels 4 and 5
  • Partners receive 6% on level 1, 3% on levels 2 and 3, 2% on level 4 and 1% on levels 5 to 7
  • Supervisors receive 7% on level 1, 3% on levels 2 and 3, 2% on levels 4 to 6 and 1% on leves 7 to 10
  • Leaders receive 8% on level 1, 4% on level 2, 3% on levels 3 and 4, 2% on levels 5 to 7 and 1% on levels 8 to 12
  • Coordinators receive 9% on level 1, 4% on level 2, 3% on levels 3 and 4, 2% on levels 5 to 11 and 1% on levels 12 to 14
  • Chiefs receive 10% on level 1, 5% on level 2, 4% on level 3, 3% on level 4, 2% on levels 5 to 13 and 1% on levels 14 to 16
  • Ambassadors receive 10% on level 1, 6% on level 2, 5% on level 3, 4% on level 4, 3% on level 5, 2% on levels 6 to 15 and 1% on levels 16 to 18
  • Supremes receive 10% on level 1, 7% on level 2, 6% on level 3, 5% on level 4, 4% on level 5, 3% on level 6, 2% on levels 7 to 17 and 1% on levels 18 to 20

Rank Achievement Bonus

Ageeon rewards affiliates for qualifying at each rank and meeting downline investment quotas as follows:

  • Users receive $100 for every $20,000 in downline investment volume
  • Partners receive $500 for qualifying and then $200 for every $30,000 in additional downline investment volume
  • Supervisors receive $2000 for qualifying and then $300 for every $50,000 in additional downline investment volume
  • Leaders receive $5000 for qualifying and then $400 for every $100,000 in additional downline investment volume
  • Coordinators receive $20,000 for qualifying and then $500 for every $150,000 in additional downline investment volume
  • Chiefs receive $50,000 for qualifying and then $1000 for every $200,000 in additional downline investment volume
  • Ambassadors receive $200,000 for qualifying and then $2000 for every $300,000 in additional downline investment volume
  • Supremes receive $500,000 for qualifying and then $5000 for every $500,000 in additional downline investment volume

Joining Ageeon

Ageeon affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $50 investment.

Ageeon solicits investment in various cryptocurrencies.

Ageeon Conclusion

Ageeon represents it generates external revenue via “cryptocurrency trading”.

We are a trading company specializing in cryptocurrency trading.

Ageeon fails to provide verifiable evidence it generates external revenue of any kind.

Furthermore, Agreeon’s business model fails the Ponzi logic test.

If Ageeon is already able to legitimately generate up to 4.51% a day, what do they need your money for? And why is Ageeon offering access to these unheard of ROI rates at no cost?

As it stands, the only verifiable source of revenue entering Ageeon is new investment.

Using new investment to pay ROI withdrawals would make Ageeon a Ponzi scheme.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Ageeon of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.