Obtanix operates in the MLM niche and cite Alvey Gomer as their CEO.

No information on Alvey Gomer is available, either on the Obtanix website or via a third-party.

The Obtanix website domain (“obtanix.com”) was registered on August 19th, 2016. The registration was last updated on March 10th, 2017.

Darin Hadwin of Obtanix Holdings APS is listed as the owner, with an address in Copenhagen, Denmark also provided.

Hadwin’s name only appears online in connection with the Obtanix domain registration. As with Alvey Gomer, there is no third-party information about Hadwin available.

This suggests Alvey Gomer and Darin Hadwin, as represented by Obtanix, probably don’t exist.

Alexa meanwhile cites only two sources of traffic to the Obtanix website, India (61%) and Bangladesh (1%). Also of note are three questions in the Obtanix FAQ which are in Indonesian (looks like someone forgot to auto-translate the last three questions into English).

Back in June Obtanix published a job offer on Upwork, with the company’s location cited as Jakarta, Indonesia:

It is highly probable that whoever is actually running Obtanix is based out of India and/or Indonesia.


Update 1st June 2021 – A BehindMLM reader has linked me to a video showing footage of Tarun Trikha entering as CEO at an Obtanix event:

The video depicts an Obtanix event held in New Delhi. It was uploaded to YouTube back in 2018.

Tarun Trikha is of course the notorious scammer behind the TVI Express pyramid scheme.

Trikha is facing multiple criminal investigations for his role as founder of the scam. As I understand it Obtanix was Trikha’s first transition into MLM cryptocurrency fraud. /end update


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.

Obtanix Products

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

The Obtanix Compensation Plan

Obtanix affiliates invest funds on the promise of a weekly ROI of 2.5% to 5% for 75 weeks (187.5% to 375%).

50% of ROI withdrawals must be reinvested back into the company.

Obtanix affiliates also receive worthless xen points when they invest:

  • Basic – invest $100 and recveive 1 xen
  • Starter – invest $500 and reveive 5 xens
  • Advance – invest $2500 and receive 28 xens
  • Premium – invest $10,000 and receive 120 xens

Recruitment Commissions

Obtanix affiliates are paid to recruit new affiliates.

Recruitment commissions are coded and paid as a 10% percentage of funds invested.

How much an Obtanix affiliate receives per affiliate recruited is determined by how much they themselves have invested:

  • recruit a Basic affiliate and receive 5%
  • recruit a Starter affiliate and receive 7%
  • recruit an Advance affiliate and receive 8%
  • recruit a Premium affiliate and receive 10%

Leftover percentages generated by Basic, Starter and Advance affiliates are paid to upline affiliates who invested more.

The difference is paid out until 10% of funds invested by each newly recruited affiliate is paid out.

Residual Commissions

Obtanix pay residual commissions 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 that there is no limit to how deep a binary team can grow.

At the end of each day Obtanix tallies up new investment volume on both sides of the binary team.

For every $100 matched on both sides of the binary team an Obtanix affiliate is paid $10.

Daily residual earnings are capped based on how much an Obtanix affiliate has invested:

  • Basic affiliates can earn up to $100
  • Starter affiliates can earn up to $500
  • Advance affiliates can earn up to $1000
  • Premium affiliates can earn up to $2500

Unmatched funds on the stronger binary side are carried over the following day.

Joining Obtanix

Obtanix affiliate membership is tied to investment in one of four offered packages:

  • Basic – $100
  • Starter – $500
  • Advance – $2500
  • Premium – $10,000


Obtanix claim cryptocurrency mining and trading is the source of ROI payments to affiliates.

With resources primarily dedicated to Bitcoin mining, Obtanix also mines several other Crypto-currencies at our state-of-the-art mining farms with hundreds of connected machines.

Just like Forex, huge profits are made when Crypto-currencies are exchanged in big volumes.

Profits are amplified & made possible by Obtanix’ vast reserves of Crypto-currencies & years of successful investments experience that have created an attractive pool of Crypto-currencies, growing & exchanging at fast paces.

Obtanix provide no proof of cryptocurrency trading or mining taking place, leaving affiliate investment the only source of revenue.

The use of newly invested funds to pay off existing affiliates makes Obtanix a Ponzi scheme. Paying affiliates to recruit new affiliates also adds a pyramid layer to the business.

On top of that you’ve also got Xenos Ponzi points.

When the initial Ponzi model begins to collapse, Obtanix plan to launch Xenos.

Xenos (sometimes denoted as “xen”) points are worthless, despite claims by Obtanix that the points are backed by gold.

Xenos, which is backed by Gold has a real value.

Each unit of Xen is backed by 1 gram of 99.99% purity gold.

Once again no evidence is provided, however Obtanix do claim they’re

backed & well funded by a consortium of leading Venture Capitalists, giving us a solid foundation and capital base to expand, develop & scale, even as we grow business and revenue.

We have raised over USD 150 Million since inception.

Venture capitalists with $150 million to invest aren’t sinking they’re money into obvious Ponzi scams.

Xenos is yet another pump and dump altcoin, with no purpose or value outside of whatever Obtanix assigns to it.

Xenos is being pre-mined at the moment and will be launched in early 2018 with a projected value of USD 600-700 per Xen.

A total of 10% of Xens will be pre-mined from the total available circulation. 90% of total Xens will be held by Obtanix.

For the time being Xenos is being dumped on affiliates, with how much is dumped likely to increase (by force) as Obtanix’s 75 week ROI scheme runs out of money.

The end-result will be widespread losses for Obtanix affiliates. Either directly or by way of Obtanix victims holding worthless Xenos points they’ve been mislead to believe are backed by “real gold”.