Axiome Review: AXM token Dubai Ponzi scheme
Axiome fails to provide ownership or executive information on its website.
Axiome’s website domain (“axiome.pro”), was registered on December 3rd, 2023. DeTech Global Inc is the registered owner and appears to be a Seychelles shell company.
Update 17th August 2024 – Since publication of this review Axiome is now naming Alex Scheck (aka Alexander Scheck) as its CEO.
Scheck appears to be a German national.
BehindMLM revisited Axiome following a pyramid fraud warning from the Central Bank of Russia on August 15th. /end update
Of note is Axiome’s official YouTube channel being in Russian:
This tracks with SimilarWeb ranking Russia as the top source of Axiome website traffic as of June 2024 (61%). Germany (17%), the Dominican Republic (10%) and the UAE (7%).
This strongly suggests Russians are behind Axiome, possibly hiding out in Dubai.
Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.
BehindMLM’s guidelines for Dubai are:
- If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
- If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.
If you want to know specifically how this applies to Axiome, read on for a full review.
Axiome’s Products
Axiome has no retailable products or services.
Affiliates are only able to market Axiome affiliate membership itself.
Axiome’s Compensation Plan
Axiome affiliates purchase AXM tokens from Axiome with tether (USDT).
Purchased AXM tokens are then invested to participate in Axiome’s MLM opportunity.
Axiome Affiliate Ranks
There are six affiliate ranks within Axiome’s compensation plan. Along with their respective qualification criteria, they are as follows:
- Starter – sign up as an Axiome affiliate and invest 100 AXM
- Leader – invest 250 AXM, recruit three Starter or higher ranked affiliates and generate 20,000 AXM in total downline investment volume
- Guru – invest 600 AXM, recruit three Starter or higher ranked affiliated who have each recruited at least three Starter or higher ranked affiliates, and generate 50,000 AXM in total downline investment volume
- Boss – invest 1500 AXM, maintain three recruitment legs with fifteen affiliates in each and generate 150,000 AXM in total downline investment volume
- Pro – invest 4000 AXM, maintain three recruitment legs with fifty affiliates in each and generate 300,000 AXM in total downline investment volume
- Top – invest 10,000 AXM, maintain three recruitment legs with one hundred affiliates in each and generate 800,000 AXM in total downline investment volume
- Mega – invest 30,000 AXM, maintain three recruitment legs with three hundred affiliates in each and generate 2,000,000 AXM in total downline investment volume
Note that downline affiliates must have invested 100 AXM or more to count towards rank qualification.
Also note that total downline investment volume is only counted down fourteen levels of recruitment.
Referral Commissions
Axiome pays a referral commission 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.
Axiome caps payable unilevel team levels at fourteen.
Referral commissions are paid as a percentage of invested USDT across these fourteen levels based on rank:
- Starter ranked affiliates earn 5% on level 1 (personally recruited affiliates) and 1% on level 2
- Leader ranked affiliates earn 5% on level 1, 1% on level 2, 2% on level 3 and 1% on level 4
- Guru ranked affiliates earn 5% on level 1, 1% on level 2, 2% on level 3 and 1% on levels 4 to 6
- Boss ranked affiliates earn 5% on level 1, 1% on level 2, 2% on level 3 and 1% on levels 4 to 8
- Pro ranked affiliates earn 5% on level 1, 1% on level 2, 2% on level 3, 1% on levels 4 to 8, 0.7% on level 9 and 0.5% on level 10
- Top ranked affiliates earn 5% on level 1, 1% on level 2, 2% on level 3, 1% on levels 4 to 8, 0.7% on level 9, 0.5% on level 10, 0.3% on level 11 and 0.2% on level 12
- Mega ranked affiliates earn 5% on level 1, 1% on level 2, 2% on level 3, 1% on levels 4 to 8, 0.7% on level 9, 0.5% on level 10, 0.3% on level 11, 0.2% on levels 12 and 13 and 0.1% on level 14
Daily Passive Returns
Axiome distributes 5 million AXM tokens to its affiliates daily, based on rank.
- Leader ranked affiliates receive a share in 15% of the daily ROI amount
- Guru ranked affiliates receive a share in 25% of the daily ROI amount
- Boss ranked affiliates receive a share in 20% of the daily ROI amount
- Pro ranked affiliates receive a share in 15% of the daily ROI amount
- Top ranked affiliates receive a share in 15% of the daily ROI amount
- Mega ranked affiliates receive a share in 10% of the daily ROI amount
Joining Axiome
Axiome affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 250 AXM investment.
Axiome solicits investment in tether (USDT).
Axiome Conclusion
Axiome is a simple token Ponzi scheme, tied to recruitment of new investors.
New Axiome affiliates sign up and invest tether for AXM, which Axiome generates and sells on demand.
Axiome rewards affiliates who recruit new investors with a daily ROI. The ROI is of course paid in AXM tokens, which investors are able to cash out pending Axiome’s inevitable collapse.
There is no external revenue generated through Axiome’s MLM opportunity, it’s a closed-loop of new investment being used to honor AXM token withdrawals.
Outside of Axiome AXM can be dumped on a dodgy exchange, but that’s the usual Ponzi shit token race to the bottom:
On the regulatory front Axiome’s passive returns investment scheme constitutes a securities offering. This requires Axiome to register itself with financial regulators, which it provides no evidence of doing so.
Instead, Axiome plies investors with meaningless certificates from crypto firms:
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Axiome of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.