Netmi Review: Staking ruse MLM crypto Ponzi
Netmi fails to provide ownership or executive information on its website.
Netmi’s website domain (“netmi.org”), was privately registered on February 21st, 2023.
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.
Netmi’s Products
Netmi has no retailable products or services.
Affiliates are only able to market Netmi affiliate membership itself.
Netmi’s Compensation Plan
Netmi affiliates invest USD equivalents in cryptocurrency.
This is done on the promise of advertised returns:
- Lite – invest $50 to $999 and receive 0.75% a day for 200 days
- Standard – invest $1000 to $4999 and receive 0.8% a day for 210 days
- Advanced – invest $5000 to $14,999 and receive 0.9% a day for 220 days
- Ultimate – invest $15,000 to $500,000 and receive 1% a day for 230 days
The MLM side ot Netmi pays on recruitment of affiliate investors.
Netmi Affiliate Ranks
There are five affiliate ranks within Netmi’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Starter – sign up as a Netmi affiliate
- Silver – invest at least $50 or convince others to invest at least $500
- Gold – invest at least $1000 or convince others to invest at least $3000
- Sapphire – invest at least $5000 or convince others to invest at least $10,000
- Ruby – invest at least $15,000 or convince others to invest at least $50,000
Referral Commissions
Netmi 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.
Netmi caps payable unilevel team levels at six.
Referral commissions are paid as a percentage of cryptocurrency invested across these six levels based on rank:
- Starter ranked affiliates earn 3% on level 1 (personally recruited affiliates) and 1.5% on level 2
- Silver ranked affiliates earn 4% on level 1, 1.7% on level 2 and 0.5% on level 3
- Gold ranked affiliates earn 5% on level 1, 2% on level 2, 1% on level 3 and 0.5% on level 4
- Sapphire ranked affiliates earn 6% on level 1, 2.5% on level 2, 1.% on level 3, 0.7% on level 4 and 0.3% on level 5
- Ruby ranked affiliates earn 8% on level 1, 3% on level 2, 2% on level 3, 1% on level 4, 0.5% on level 5 and 0.2% on level 6
Volume Bonus
Netmi rewards affiliates for reaching referral commission milestones with the Volume Bonus.
- earn $100 in referral commissions and receive $20 plus $500 in Premium Balance
- earn $200 in referral commissions and receive $40 plus $1000 in Premium Balance
- earn $400 in referral commissions and receive $80 plus $2000 in Premium Balance
- earn $700 in referral commissions and receive $140 plus $3500 in Premium Balance
- earn $1000 in referral commissions and receive $200 plus $5000 in Premium Balance
- earn $3000 in referral commissions and receive $600 plus $15,000 in Premium Balance
- earn $5000 in referral commissions and receive $1000 plus $25,000 in Premium Balance
- earn $10,000 in referral commissions and receive $2000 plus $50,000 in Premium Balance
- earn $25,000 in referral commissions and receive $5000 plus $125,000 in Premium Balance
- earn $50,000 in referral commissions and receive $10,000 plus $300,000 in Premium Balance
Note that funds in the Premium Balance are not withdrawable. Funds in the Premium Balance must be reinvested.
Performance Bonus
Netmi rewards affiliates for personally convincing others to invest.
The Performance Bonus is paid based on personally recruited affiliate investment volume the previous month:
- generate $70 in personally recruited affiliate investment volume and receive $10 plus $120 in Premium Balance
- generate $150 in personally recruited affiliate investment volume and receive $20 plus $240 in Premium Balance
- generate $300 in personally recruited affiliate investment volume and receive $50 plus $480 in Premium Balance
- generate $650 in personally recruited affiliate investment volume and receive $100 plus $840 in Premium Balance
- generate $1000 in personally recruited affiliate investment volume and receive $150 plus $1200 in Premium Balance
- generate $3000 in personally recruited affiliate investment volume and receive $450 plus $3600 in Premium Balance
- generate $5000 in personally recruited affiliate investment volume and receive $750 plus $6000 in Premium Balance
- generate $7000 in personally recruited affiliate investment volume and receive $1050 plus $8500 in Premium Balance
- generate $10,000 in personally recruited affiliate investment volume and receive $1500 plus $12,000 in Premium Balance
- generate $15,000 in personally recruited affiliate investment volume and receive $2300 plus $20,000 in Premium Balance
Note that funds in the Premium Balance are not withdrawable. Funds in the Premium Balance must be reinvested.
Joining Netmi
Netmi affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $50 investment.
Netmi solicits investment in various cryptocurrencies.
Netmi Conclusion
Netmi runs a Ponzi scheme using the “staking” model.
The Netmi platform takes under management the digital assets of corporate clients and private investors.
These funds are placed on trading, reserve, investment accounts of the company, and then used in trading operations on crypto exchanges, provided to ensure the liquidity of digital financial instruments, invested in promising blockchain startups.
The assets are managed by qualified specialists whose work is aimed at preservation and growth of the capital entrusted by our clients and partners.
If you missed anything about “staking” in how Netmi describes its business model, it’s because there isn’t any.
Despite pitching its investments as a “staking” model…
Let’s say you have staked $1000 with the STANDARD Plan. In this case you will receive $8 each day for 210 calendar days.
…that goes out the window when Netmi offers up the usual MLM crypto ruses.
There is no evidence provided that Netmi pays affiliate withdrawals with revenue generated via trading or “investing in promising blockchain startups”.
The only verifiable source of revenue entering Newmi is new investment.
Using new investment to pay affiliate withdrawals would make Netmi a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Netmi of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.