Nixinfinity Review: Boris CEO AI grift Ponzi scheme
Nixinfinity operates in the cryptocurrency MLM niche.
The company presents a cast of executives on its website:
None of Nixinfinity’s executives exist outside of its own marketing material. That’s because they’re played by actors.
Nixinfinity CEO “Matt David” is played by Moscow-based actor Vladislav Igorevich Rylev.
Rylev’s actor portrait leaves room for doubt, so here’s a bio featuring a photo with more similar facial hair:
Rylev posing as Nixinfinity’s Boris CEO confirms Russians are behind the scheme.
Nixinfinity’s website domain (“nixinfinity.com”), was privately registered on August 2nd, 2023.
In an attempt to appear legitimate, Nixinfinity provides an incorporation certificate for Nixinfinity – AI LTD on its website.
Nixinfinity – AI LTD was registered in the UK in May 2017. Given Nixinfinity is only a few weeks old, this appears to be misappropriation of an unrelated existing shell company.
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.
Nixinfinity has no retailable products or services.
Affiliates are only able to market Nixinfinity affiliate membership itself.
Nixinfinity’s Compensation Plan
Nixinfinity affiliates invest cryptocurrency on the promise of advertised returns:
- invest $50 to $100,000 in cryptocurrency and receive 12% a day for 12 days
- invest $2000 to $100,000 in cryptocurrency and receive 14% a day for 12 days
The MLM side of Nixinfinity pays on recruitment of affiliate investors.
Nixinfinity Affiliate Ranks
There are five affiliate ranks within Nixinfinity’s compensation plan.
Along with their respecitive qualification criteria, they are as follows:
- Standard – sign up as a Nixinfinity affiliate
- Promoter – invest $500 and generate $5000 in downline investment volume
- Partner – invest $700 and generate $15,000 in downline investment volume
- VIP – invest $1500 and generate $30,000 in downline investment volume
- Senior – invest $2500 and generate $100,000 in downline investment volume
Nixifinity 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.
Nixinfinity caps referral commissions down six levels of recruitment.
Referral commissions are paid as a percentage of cryptocurrency invested across these six levels based on rank:
- Standard ranked affiliates earn 6% on level 1 (personally recruited affiliates), 2% on level 2 and 1% on level 3
- Promoter ranked affiliates earn 7% on level 1, 2% on level 2, 1% on level 3 and 0.5% on level 4
- Partner ranked affiliates earn 8% on level 1, 2% on level 2, 1% on levels 3 and 4 and 0.5% on level 5
- VIP ranked affiliates earn 9% on level 1, 3% on level 2 and 1% on levels 3 to 6
- Senior ranked affiliates earn 10% on level 1, 3% on level 2 and 1% on levels 3 to 6
Rank Achievement Bonus
Nixinfinty rewards affiliates for qualifying at VIP and Senior with one-time $500 and $2000 respective Rank Achievement Bonuses.
Nixfinity represents it generates external revenue via an AI trading bot.
Nixinfinity robot is the most perfect system of automatic exchange trading for you.
In addition to there being no evidence of Nixinfinity paying withdrawal requests with trading revenue, its business model fails the Ponzi logic test.
If Nixinfinity already has an AI trading bot legitimately generating 14% a day on a consistent basis, what do they need your money for?
On the regulatory front Nixinfinity’s passive returns investment scheme represents a securities offering. This requires Nixinfinity to register with financial regulators.
Instead of doing that and operating legally, Nixinfinity misrepresents its misappropriated UK shell company.
Nixinfinity Limited is officially registered in the base jurisdictions for crypto-business – UK.
Putting aside “the base jurisdictions for crypto business” isn’t a thing, if Nixinfinity is held to their bogus UK shell company, they’re required to register with the FCA. They haven’t.
Why is Nixinfinity committing securities fraud and operating illegally?
Because like their executives, there is no AI trading bot. Nixinfinity commits securities fraud because it’s running a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Nixinfinity of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.