Aldamax provides incomplete information on their website about who owns or runs the company.

Aldamax’s CEO is simply referred to as “Nasser”. The company’s Marketing Director is supposedly Diego G. Barbosa.

Further research reveals Nasser’s full name is Nasser Altayer. There is no mention of Altayer in connection with Aldamax outside of the company’s marketing material.

Along with being unable to verify Altayer’s digital footprint, this is highly suspicious.

There is someone going by Diego G. Barbosa on Facebook whose from Brazil, but whether that’s Aldamax’s Barbosa is unclear.

Aldamax’s website domain (“aldamax.com”) was registered on November 12th, 2019.

Naser Altayer is listed as the domain owner, through an incomplete address in Dubai.

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.

Aldamax’s Products

Aldamax has no retailable products or services, with affiliates only able to market Aldamax affiliate membership itself.

Aldamax affiliate membership provides access to MIG Messenger, a mobile messaging app.

Aldamax’s Compensation Plan

Aldamax affiliates invest €100 to €100,000 EUR worth of bitcoin on the promise of a 25% monthly ROI.

Returns are capped at 400% and paid in MIG Coin or bitcoin.

Commissions are paid when Aldamax affiliates recruit new affiliate investors.

Recruitment Commissions

Aldamax affiliates earn a 10% commission on funds invested by personally recruited affiliates.

Residual Commissions

Aldamax pays residual commissions via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.

At the end of each day Aldamax tallies up new investment volume across the binary team.

Affiliates are paid 10% of funds invested on the weaker binary team side.

Residual commissions are capped daily based on how much an Aldamax affiliate has invested.

E.g. if an affiliate has invested €100 EUR, they can earn a maximum of €100 EUR in residual commissions a day.

Once paid out on funds are matched against the stronger side and flushed. Leftover volume on the stronger side carries over.

Joining Aldamax

Aldamax affiliate membership costs €50 EUR plus an initial €100 to €100,000 investment.

Conclusion

Aldamax is your typical MLM Ponzi points scheme.

The company represents it generates external revenue via forex trading and cryptocurrency arbitrage.

No evidence of trading, arbitrage or any other form of external revenue being used to pay returns is provided.

Aldamax provides no indication it has registered its passive investment opportunity with financial regulators. This means that at a minimum, Aldamax is committing securities fraud.

MIG Messenger has a separate website on which it’s claimed the app was launched in Europe and Asia late 2018.

The problem with this is traffic to MIG Messenger’s website is dead. MIG Messenger’s website domain was also only registered on March 27th, 2020.

Putting aside the fact that the app didn’t exist until a few months ago, does anybody really need another “me too” messenger app?

The hook behind MIG Messenger is users can obtain MIG Coin through usage of the app.

MIG Coins are generated by Aldamax on demand at little to no cost. The company is literally giving them away through the app.

MIG Coin is being flogged to affiliates at €0.12 EUR a piece. I assume the investment packages come bundled with MIG Coins at this price but I wasn’t able to confirm.

In any event MIG Coin is worthless outside of Aldamax. Withdrawals are currently available in bitcoin or MIG Coin, but expect bitcoin to be turned off when new investment dries up.

This is because all Aldamax are doing is recycling invested funds to pay returns on MIG Coin withdrawals through the internal exchange.

That’s on top paying recruitment commissions and running a pyramid scheme.

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

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

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