MetaMax Review: Task-based MLM crypto Ponzi
MetaMax fails to provide verifiable ownership or executive information on its website.
MetaMax operates from two known website domains:
- metamax.vip – privately registered on July 3rd, 2023
- metamax.top (used for support email) – privately registered on May 11th, 2023
MetaMax cites “Olivia Jenkins” as its founder and CEO:
Jenkins is represented by an AI generated avatar:
In other words, MetaMax’s Olivia Jenkins doesn’t exist.
Most if not all of the information on MetaMax’s website appears to be bogus:
MetaMax provides a corporate address in Canada on its website. The address belongs to Davinci Virtual Office.
MetaMax’s official FaceBook page is managed from Brazil:
This strongly suggests, as opposed to Canada, that MetaMax is being run out of Brazil.
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.
MetaMax’s Products
MetaMax has no retailable products or services.
Affiliates are only able to market MetaMax affiliate membership itself.
MetaMax’s Compensation Plan
MetaMax affiliates invest tether (USDT). This is done on the promise of advertised returns.
- 1 Star – invest 90 USDT and receive 3 USDT a day for 90 days
- 2 Star – invest 300 USDT and receive 10 USDT a day for 90 days
- 3 Star – invest 600 USDT and receive 20 USDT a day for 90 days
- 4 Star – invest 1200 USDT and receive 40 USDT a day for 90 days
- 5 Star – invest 3000 USDT and receive 100 USDT a day for 90 days
- 6 Star – invest 6000 USDT and receive 200 USDT a day for 90 days
- 7 Star – invest 12,000 USDT and receive 400 USDT a day for 90 days
MetaMax also offers fixed-day investment plans for those wishing to invest in lots of 1000 USDT:
- invest 1000 USDT for 7 days and receive 0.8% a day
- invest 1000 USDT for 14 days and receive 1% a day
- invest 1000 USDT for 28 days and receive 1.2% a day
- invest 1000 USDT for 60 days and receive 1.5% a day
- invest 1000 USDT for 120 days and receive 2.8% a day
- invest 1000 USDT for 180 days and receive 4% a day
The MLM side of MetaMax pays on recruitment of affiliate investors.
Referral Commissions
MetaMax pays a 10% referral commission on USDT invested by personally recruited affiliates.
Note that referral commissions aren’t paid if downline affiliates invest in higher tier than the recruiting affiliate.
In this instance the recruiting affiliate is given ten days to invest at the higher tier.
ROI Match
MetaMax 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.
MetaMax caps payable unilevel team levels at six.
The ROI Match is paid as a percentage of daily returns paid out across these six levels as follows:
- level 1 (personally recruited affiliates, must invest at 1 Star or higher to unlock) – 6%
- level 2 (must invest at 2 Star or higher to unlock) – 5%
- level 3 (must invest at 3 Star or higher to unlock) – 4%
- level 4 (must invest at 4 Star or higher to unlock) – 3%
- level 5 (must invest at 5 Star or higher to unlock) – 2%
- level 6 (must invest at 6 Star or higher to unlock) – 1%
Joining MetaMax
MetaMax affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 90 USDT investment.
MetaMax Conclusion
MetaMax is a simple task-based Ponzi scheme. Everything on MetaMask’s website is designed to hide this, and all of it appears to be AI generated nonsense.
The ruse behind MetaMax’s task-based Ponzi scheme is getting investors to watch YouTube videos and/or manipulate social media (click like buttons etc.).
This is obvious busy-body work. Such to the extent MetaMax sells social media manipulation services to third-parties, fees charged aren’t going to cover 300% returns every 90 days.
As it stands, the only verifiable source of revenue entering MetaMax is new investment.
Using new investment to pay affiliate withdrawals would make MetaMax a Ponzi scheme. With nothing marketed or sold to retail customers, the MLM side of MetaMax functions as a pyramid scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve MetaMax of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Update 3rd July 2024 – MetaMax has collapsed.