Bivexo Review: Resources ruse MLM crypto Ponzi
Bivexo fails to provide ownership or executive information on its website.
Bivexo’s website domain (“bivexo.com”), was first registered in 2020. The private registration was last updated on February 8th, 2024.
Through the Wayback Machine we can see Bivexo’s website domain was for sale until it was acquired earlier this year.
After Bivexo’s anonymous owners purchased the domain, Bivexo’s current website went live in or around April 2024.
Despite only existing for a few months, on its website Bivexo plays into its domain name being originally registered in 2020.
In 2020 … is the story of the creation of Bivexo Group LTD (BGL), a Hong Kong company with roots deep in Bolivian soil and energy-intensive resource production in China.
Pursuant to this fraudulent claim, Bivexo provides a bunch of doctored Hong Kong shell company certificates on its website:
There’s a bunch of other certificates, none of which have anything to do with Bivexo by way of most of them being predated before Bivexo existed.
Simply put, Bivexo didn’t exist until early 2024. As for Hong Kong, Bolivia and China, Bivexo fails to provide verifiable evidence it has any ties to these countries.
In addition to lying about its company formation, Bivexo also provides a suspect list of “partners” on its website:
This appears to be an attempt at legitimacy via association. Bivexo fails to provide verifiable evidence it has partnered with any of these companies.
Bivexo marketing videos on its website are hosted by what appears to be an actor in a rented office:
Actors in offices is typically the work of Russian scammers. Bivexo’s actor however speaks Chinese, which suggests Chinese scammers could be behind Bivexo.
Of note is SimilarWeb tracking 100% of Bivexo’s website traffic from Kazakhstan as of August 2024.
Russian is spoken in Kazakhstan, which tracks with a lot of Bivexo marketing being in Russian:
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.
Bivexo’s Products
Bivexo has no retailable products or services.
Affiliates are only able to market Bivexo affiliate membership itself.
Bivexo’s Compensation Plan
Bivexo affiliates invest USD equivalents in cryptocurrency. This is done on the promise of advertised passive returns:
- invest $49 to $249 and receive 13% a month for 46 days
- invest 149 to $749 and receive 14% a month for 53 days
- invest $299 to $1499 and receive 15% a month for 60 days
- invest $449 to $2249 and receive 16% a month for 67 days
- invest $559 to $2999 and receive 17% a month for 74 days
- invest $749 to $3749 and receive 18% a month for 81 days
- invest $899 to $4499 and receive 19% a month for 88 days
- invest $999 to $4999 and receive 20% a month for 95 days
- invest $1999 to $9999 and receive 21% a month for 102 days
- invest $4999 to $24,999 and receive 22% a month for 109 days
- invest $9999 to $49,9999 and receive 23% a month for 116 days
- invest $14,999 to $74,999 and receive 24% a month for 123 days
- invest $24,999 to $124,999 and receive 25% a month for 130 days
Note that although ROI rates are provided per month, they are calculated and paid daily.
Note that whichever investment plan is chosen, Bivexo affiliates are only able to withdraw once per week.
The MLM side of Bivexo pays on recruitment of affiliate investors.
Bivexo Affiliate Ranks
There are ten affiliate ranks within Bivexo’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Trainee – generate $9999 in downline investment volume
- Specialist – generate $20,000 in downline investment volume
- Supervisor – generate $50,000 in downline investment volume
- Manager – generate $100,000 in downline investment volume
- Leader – generate $150,000 in downline investment volume
- Ambassador – generate $250,000 in downline investment volume
- Top Manager – generate $500,000 in downline investment volume
- Director – generate $1,000,000 in downline investment volume
- Vice President – generate $2,000,000 in downline investment volume
- President – generate $5,000,000 in downline investment volume
Note that Bivexo rigs counted downline investment volume as follows:
- 100% of investment volume from personally recruited affiliates is counted
- 50% of investment volume from level 2 recruitment is counted
- 25% of investment volume from level 3 recruitment is counted
- 15% of investment volume from levels 4 to 10 is counted
- no investment volume from level 11 and deeper is counted
Referral Commissions
Bivexo 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.
Bivexo caps payable unilevel team levels at ten.
Referral commissions are paid as a percentage of cryptocurrency invested across these ten levels based on rank:
- Trainees earn 5% on level 1 (personally recruited affiliates)
- Specialists earn 5% on level 1 and 4% on level 2
- Supervisors earn 5% on level 1, 4% on level 2 and 2.75% on level 3
- Managers earn 5% on level 1, 4% on level 2, 2.75% on level 3 and 1.75% on level 4
- Leaders earn 5% on level 1, 4% on level 2, 2.75% on level 3, 1.75% on level 4 and 1.5% on level 5
- Ambassadors earn 5% on level 1, 4% on level 2, 2.75% on level 3, 1.75% on level 4, 1.5% on level 5 and 1.25% on level 6
- Top Managers earn 5% on level 1, 4% on level 2, 2.75% on level 3, 1.75% on level 4, 1.5% on level 5, 1.25% on level 6 and 1% on level 7
- Directors earn 5% on level 1, 4% on level 2, 2.75% on level 3, 1.75% on level 4, 1.5% on level 5, 1.25% on level 6, 1% on level 7 and 0.75% on level 8
- Vice Presidents earn 5% on level 1, 4% on level 2, 2.75% on level 3, 1.75% on level 4, 1.5% on level 5, 1.25% on level 6, 1% on level 7, 0.75% on level 8 and 0.5% on level 9
- Presidents earn 5% on level 1, 4% on level 2, 2.75% on level 3, 1.75% on level 4, 1.5% on level 5, 1.25% on level 6, 1% on level 7, 0.75% on level 8, 0.5% on level 9 and 0.25% on level 10
MoneyBox BGL Investment
Upon investing in the above plans, Bivexo affiliates are then also able to invest in “Moneybox BGL”.
Investment into Moneybox BGL pays 1% a day for 180 days.
Bivexo pays a 10% commission on cryptocurrency invested into MoneyBox BGL by personally recruited affiliates.
Note that MoneyBox BGL commissions are only paid per $5000 invested into MoneyBox BGL.
Crowdfunding Investment
Bivexo offers additional investment plans it dresses up as “crowdfunding”:
- gas stations – invest $1000 or more and receive 30% a month, paid out after four months and then monthly
- saline – invest an unknown minimum amount and receive 30% to 40% a month
A 10% referral commission is paid on crowdfunding investment by personally recruited affiliates.
Rank Achievement Bonus
Bivexo rewards affiliates for qualifying at Trainee and higher with the following Rank Achievement Bonuses:
- qualify at Trainee and receive $200
- qualify at Specialist and receive $500
- qualify at Supervisor and receive $1000 plus a 0.1% daily ROI rate increase
- qualify at Manager and receive $2000 plus a 0.15% daily ROI rate increase
- qualify at Leader and receive $4000 plus a 0.2% daily ROI rate increase
- qualify at Ambassador and receive $8000 plus a 0.25% daily ROI rate increase
- qualify at Top Manager and receive an “electric car or equivalent financial reward”
- qualify at Director and receive $20,000 plus a 0.3% daily ROI rate increase
- qualify at Vice President and receive $50,000 plus a 0.35% daily ROI rate increase
- qualify at President and receive $100,000 plus a 0.4% daily ROI rate increase
Note that ROI rate increases don’t stack.
Joining Bivexo
Bivexo affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $25 investment.
Bivexo solicits investment in various cryptocurrencies.
Bivexo Conclusion
Bivexo represents it generates external revenue via a number of random ruses:
- raw material extraction
- li-ion batteries
- silicate industry
- chemical industry
- petroleum products
- medicine
- metallurgy
- lasers
- gas drying
- nuclear energy
- optics
- purification systems
- pyrotechnics and
- electric fuelling stations
No verifiable evidence Bivexo generates external revenue from any source is provided.
Furthermore and putting aside the fact that Bivexo is only a few months old, if Bivexo is already able to generate 1% a day from these ruses, what does Bivexo need your money for?
And why is Bivexo offering access to these unhear of ROI rates for free?
Among all the doctored certificates, licenses and annual reports Bivexo provides, tellingly there is no sign of documents that matter.
Bivexo’s passive returns investment scheme constitutes a securities offering. This requires periodic filing of audited financial reports with regulators.
Bivexo fails to provide evidence it has registered with any financial regulator. Thus, at a minimum, Bivexo is committing securities fraud.
As it stands, the only verifiable source of revenue entering Bivexo is new investment. Using new investment to pay withdrawals would make Bivexo a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Bivexo of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.