Mizes provides no information on its website about who owns or runs the business.

The Mizes website domain (“mizes.biz”) was privately registered on July 31st, 2018.

At the time of publication, Alexa pegs Iran (23%), Russia (10%) and India (8%) as the top three sources of traffic to Mizes’ website.

It is highly likely that whoever is running the company is based out of one of these three countries.

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.

Mizes Products

Mizes has no retailable products or services, with affiliates only able to market Mizes affiliate membership itself.

The Mizes Compensation Plan

Mizes affiliates invest cryptocurrency on the promise of an advertised 2% perpetual daily return.

Mizes offers a total of three investment plans:

  • Ethash – invest at least 2 cents in cryptocurrency
  • SHA-256 – invest at least 5 cents in cryptocurrency
  • Scrypt – invest at least $1.50 in cryptocurrency

Mizes pays referral commissions on invested funds down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 7%
  • level 2 – 2%
  • level 3 – 1%

Joining Mizes

Mizes affiliate membership is free.

Participation in the attached income opportunity however requires a minimum 2 cent investment.


Mizes claims to generate external ROI revenue through cryptocurrency mining.

The only evidence the company offers up to support this claim is a screenshot of a room with mining equipment from February 2018.

Needless to say this is not proof of external revenue being actually used to pay Mizes affiliates.

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

Using newly invested funds to pay existing affiliates a daily return makes Mizes a Ponzi scheme.

In addition operating a Ponzi scheme, Mizes is also committing securities fraud.

Mizes provides no indication it has registered itself with financial regulators in any jurisdiction it solicits investment in.

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

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

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