Metanetix Review: NDT token “metaverse” grift Ponzi scheme
Metanetix fails to provide ownership or executive information on its website.
Metanetix’s website domain (“metanetix.io”), was privately registered on April 1st, 2022.
In an attempt to appear legitimate, Metanetix provides an incorporation certificate for NDT Metaverse LTD.
NDT Metaverse LTD was incorporated in the UK on April 21st, 2022.
An MLM company operating or claiming to operate out of the UK is a red flag.
UK incorporation is dirt cheap and effectively unregulated. On top of that the FCA, the UK’s top financial regulator, do not actively regulate MLM related securities fraud.
As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.
For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.
Broken English in Metanetix marketing material suggests non-native English speakers are behind the company.
Considering marketing videos on Metanetix’s official YouTube channel are only in English and Hindi, there’s a good chance whoever’s running the scheme has ties to India.
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.
Metanetix has no retailable products or services.
Affiliates are only able to market Metanetix affiliate membership itself.
Metanetix’s Compensation Plan
Metanetix affiliates invest USD equivalents of their NDT token.
This is done on the promise of an advertised 150% to 400% ROI:
- Staking B1 – invest $100 and receive 3% a week for 50 weeks (150%)
- Staking B2 – invest $500 and receive 4% a week for 50 weeks (200%)
- Staking B3 – invest $1500 and receive 5% a week for 50 weeks (250%)
- Staking B4 – invest $3000 and receive 6% a week for 50 weeks (300%)
- Staking B5 – invest $7000 and receive 7% a week for 50 weeks (350%)
- Staking B6 – invest $15,000 and receive 8% a week for 50 weeks (400%)
Returns are paid in NDT token, a shit token that has no value outside of Metanetix itself.
Note that MLM commissions and bonus count towards the total ROI amounts above. Once the total ROI amount has been reached, reinvestment is required to continue earning.
Also note that Metanetix withholds 50% of withdrawal amounts. They claim this amount is used to fund Metanetix’s MLM compensation plan.
The MLM side of Metanetix pays on recruitment of affiliate investors.
Metanetix 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.
Metanetix caps payable unilevel team levels at twenty.
Referral commissions are paid as a percentage of funds invested across these twenty levels as follows:
- level 1 (personally recruited affiliates) – 10%
- level 2 – 3% (must recruit two affiliate investors to qualify)
- level 3 – 4% (must recruit three affiliate investors to qualify)
- level 4 – 5% (must recruit four affiliate investors to qualify)
- levels 5 to 20 – 1% (must recruit five affiliate investors to qualify)
ROI Referral Commissions
Metanetix pays a referral commission on returns earned by downline affiliates.
ROI referral commissions are paid out using the same twenty-level deep unilevel team used to pay regular referral commissions (see “Referral Commissions” above).
- level 1 – 10%
- level 2 – 3% (must generate $500 in downline investment volume)
- level 3 – 4% (must generate $1000 in downline investment volume)
- level 4 – 5% (must generate $2000 in downline investment volume)
- level 5 – 1% (must generate $4000 in downline investment volume)
Metanetix pays a Matching Bonus 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 Metanetix tallies up income earned on both sides of the binary team.
Affiliates receive a 5% match on earned income across their weaker binary team side.
Note that this amount is capped based on which Staking investment package was invested in:
- Staking B1 affiliates can earn up to $100 a day
- Staking B2 affiliates can earn up to $500 a day
- Staking B3 affiliates can earn up to $1500 a day
- Staking B4 affiliates can earn up to $3000 a day
- Staking B5 affiliates can earn up to $7000 a day
- Staking B6 affiliates can earn up to $15,000 a day
Global Joining Bonus
The Global Joining Bonus is a self-contained recruitment bonus.
Participation in the Global Joining Bonus requires purchase of a “Thunder” package:
- Thunder A1 – $30
- Thunder A2 – $70
- Thunder A3 – $150
- Thunder A4 – $300
- Thunder A5 – $600
The Global Joining Bonus is tracked via a straight-line queue. That is you sign up and get a position in the queue. Everyone who purchases a Thunder package after you is placed after you in the queue.
The Bonus is paid on up to forty positions below you. That is forty additional Thunder package purchases by anyone in Metanetix.
The Global Joining Bonus is paid as 1% of earnings received by affiliates on up to 40 positions below you:
- Thunder A1 package affiliates earn the Global Joining Bonus on 20 positions
- Thunder A2 package affiliates earn the Global Joining Bonus on 24 positions
- Thunder A3 package affiliates earn the Global Joining Bonus on 30 positions
- Thunder A4 package affiliates earn the Global Joining Bonus on 36 positions
- Thunder A5 package affiliates earn the Global Joining Bonus on 40 positions
Global Distribution Bonus
The Global Distribution Bonus is paid on up to twenty queue levels above and below the affiliate withdrawing.
This is the same queue structure used for the Global Joining Bonus (see above).
How many positions up and down in the queue, relative to their own position, a Metanetix affiliate qualifies to receive the Global Distribution Bonus on, is determined by which Thunder package they purchased:
- Thunder A1 package affiliates qualify for the Global Distribution Bonus ten queue levels above and below them
- Thunder A2 package affiliates qualify for the Global Distribution Bonus twelve queue levels above and below them
- Thunder A3 package affiliates qualify for the Global Distribution Bonus fifteen queue levels above and below them
- Thunder A4 package affiliates qualify for the Global Distribution Bonus eighteen queue levels above and below them
- Thunder A5 package affiliates qualify for the Global Distribution Bonus twenty queue levels above and below them
The Global Distribution Bonus is paid as 1% of withdrawal amounts made on positions a Metanetix affiliate is qualified to earn the bonus on.
Five Wonder Bonus
If a Metanetix affiliate recruits five affiliates who invest at the same or higher tier they invested at, within 10 days of joining, they receive a refund on their investment amount.
Metanetix affiliate membership is free.
Full participation in the attached income opportunity requires:
- investment of $100 to $15,000 in a Staking B* package; and/or
- $30 to $600 spent on a Thunder A* package.
Shortly after Mark Zuckerberg did that Metaverse Facebook talk late last year, every crypto scammer under the sun started banging on about it.
Although the grift has mostly run its course, you still have companies around like Metanetix using it to market their Ponzi scheme.
Metanetix has nothing to do with tHe MeTaVerSe. It’s a simple shit token Ponzi scheme.
Although they pretend NDT token is a separate company Metanetix is in a “partnership” with, it’s pretty obvious this is all being run by the same group of scammers.
NDT is a BEP-20 token, created on the Binance Smartchain. These take a few minutes to set up at little to no cost.
Metanetix affiliates invest in NDT token, park the tokens with the company (staking), and collect a passive return. They cash out subsequently invested funds, making Metanetix a Ponzi scheme.
The MLM side of the business, including the Thunder A* packages, add multiple pyramid layers to the scheme.
In a nutshell, you have Metanetix generating NDT on demand to run their Ponzi scheme. Over time the amount of NDT spirals out of control, while actual cryptocurrency left to withdraw inevitably shrinks.
Critical mass is reached when Metanetix’s admins decide running the Ponzi is no longer profitable. They’ll then exit-scam, leaving Metanetix affiliates bagholding yet another worthless Ponzi token.
Math guarantees the majority of participants in Ponzi schemes lose money.