Mevi AI fails to provide verifiable ownership or executive information.

On its website, Mevi AI cites “Timon Dellis” as its CEO:

In official Mevi AI marketing videos however, Dellis is represented by a different man:

Dellis, the video version, is played by Fivver actor “Luis”.

I am an on-camera actor and voice over actor. I have a wide range of accents and character voices that I can perform in both Spanish and English.

In conclusion, Mevi AI CEO “Timon Dellis” doesn’t exist.

Other Mevi AI marketing videos feature low-budget shoots in people’s living rooms:

Mevi AI’s website domain (“mevi.ai”), was privately registered on September 9th, 2023.

As of December 2023, SimilarWeb tracked top sources of traffic to Mevi AI’s website as Poland (60%), India (12%), Vietnam (9%) and Bulgaria (6%).

Poland sticks out like a sore thumb here. It’s possible that whoever is actually running Mevi AI has ties to Poland.

In an attempt to appear legitimate, Mevi AI provides corporate addresses in New Zealand and the UK on its website. Both of these addresses belong to co-work spaces that have nothing to do with Mevi AI.

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.

Mevi AI’s Products

Mevi AI has no retailable products or services.

Affiliates are only able to market Mevi AI affiliate membership itself.

Mevi AI’s Compensation Plan

Mevi AI affiliates invest cryptocurrency on the promise of up to 1.5% a day.

Mevi AI 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.

Mevi AI caps payable unilevel team levels at ten.

Referral commissions are paid as a percentage of cryptocurrency invested across these ten levels as follows:

  • level 1 (personally recruited affiliates) – 8%
  • levels 2 and 3 – 5%
  • levels 4 to 7 – 3%
  • levels 8 and 9 – 2%
  • level 10 – 1%

Note that levels 5 to 10 of the unilevel team must be unlocked, subject to the following qualification criteria:

  • to unlock levels 5 to 7 of the unilevel team a Mevi AI affiliate must generate $10,000 in personally recruited affiliate investment volume
  • to unlock levels 8 to 10 of the unilevel team a Mevi AI affiliate must generate $25,000 in personally recruited affiliate investment volume

Matching Bonus

Mevi AI pays a 2% matching bonus on daily returns paid across the unilevel team.

The Matching Bonus is also capped to ten unilevel team levels.

Extra Direct Bonus

Mevi AI affiliates receive $10,000 per $100,000 in personally recruited affiliate investment volume they generate.

World Bonus

To qualify for the World Bonus, a Mevi AI affiliate must:

  1. generate $30,000 in personally recruited affiliate investment volume and
  2. generate $1,000,000 in total downline investment volume

Mevi AI affiliates who qualify for the World Bonus receive a share in 5% of monthly company-wide investment volume.

Joining Mevi AI

Mevi AI affiliate membership is free.

Full participation in the attached income opportunity require an unspecified minimum investment.

Mevi AI solicits investment in various cryptocurrencies.

Mevi AI Conclusion

Mevi AI represents it generates external revenue via an AI trading bot.

Automized MEV bot Application Meet MEVI, your optimized crypto trading bot to maximize your profits.

MEVI specializes in executing strategic moves, including sandwich attacks and front-running transactions.

No verifiable evidence of Mevi AI using external revenue of any kind to pay affiliate withdrawals is provided.

The only way to verify Mevi AI is generating trading revenue would be through audited financial reports filed with regulators.

As Mevi AI’s passive returns investment opportunity constitutes a securities offering, this is a legal requirement.

Mevi AI fails to provide evidence it has registered with a financial regulator in any jurisdiction. This means that, at a minimum, Mevi AI is committing securities fraud and operating illegally.

As it stands the only verifiable source of revenue entering Mevi AI is new investment.

Using new investment to pay affiliate withdrawals would make Mevi AI a Ponzi scheme.

Hardly surprising considering the company’s fake offices and hired actor executives.

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

This will starve Mevi AI of ROI revenue, eventually prompting a collapse.

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

 

Update 21st February 2024 – Mevi AI has collapsed.

As at the time of this update, Mevi AI’s website is not accessible. Mevi AI’s social media profiles, including YouTube, have also been deleted.