Artmind Trade fails to provide ownership or executive information on its website.

Artmind Trade’s website domain (“artmind.trade”), was registered in November 2022. The private registration was last updated on May 14th, 2023.

Artmind Trade’s official FaceBook group was created in February 2023. The company’s official Telegram group however was only created in December 2023.

On December 19th, 2023, Artmind Trade announced a pre-launch of products:

This suggests that Artmind Trade has already collapsed and been rebooted at least once.

In an attempt to appear legitimate, Artmind Trade represents it is registered as a shell company in Canada. A corporate address in Ontario is also provided.

The address corresponds to a company offering rentable office space.

It is unlikely Artmind Trade is based out of or has anything to do with Canada.

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.

Artmind Trade’s Products

Artmind Trade has no retailable products or services.

Affiliates are only able to market Artmind Trade affiliate membership itself.

Artmind Trade’s Compensation Plan

Artmind Trade affiliates invest USD equivalents in cryptocurrency. This is done on the promise of an advertised daily return.

  • invest $100 to $10,000 and receive 0.35% a day
  • invest $10,000 to $30,000 and receive 0.55% a day

Artmind Trade pays returns for 98 days, after which 40% of the originally invested amount is also paid out.

Artmind Trade pays a ROI match 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.

Artmind Trade caps the ROI match at four unilevel team levels:

  • level 1 (personally recruited affiliates) – 9.6% match
  • level 2 – 5.9% match
  • level 3 – 3.7% match
  • level 4 – 1.8% match

Joining Artmind Trade

Artmind Trade affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $100 investment.

Artmind Trade solicits investment in various cryptocurrencies.

Artmind Trade Conclusion

Artmind Trade represents it generates external revenue via “trading algorithms” that offer “fully automated management with a winrate of over 85%”.

No verifiable evidence of Artmind Trade generating external revenue of any kind is provided.

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

If Artmind Trade was able to legitimately generate up to 0.55% a day through automated trading, what do they need your money for?

As it stands the only verifiable source of revenue entering Artmind Trade is new investment.

Using new investment to pay affiliate withdrawals would make Artmind Trade a Ponzi scheme.

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

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

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