X10 Platform provides no information on their website about who owns or runs the business.

X10 Platform marketing videos are narrated by someone calling himself “Nick from CryptoTech”, with no further information provided.

My attempts to verify who Nick from CryptoTech is have been inconclusive.

The X10¬†Platform website domain (“x10app.com”) was privately registered on August 23rd, 2018.

In the terms and conditions provided on the X10 Platform website, the company provides a corporate address for “X10 Hosted Solutions” in Minneapolis, Minnesota.

In the same terms and conditions X10 Platform links to the domain “x10hosted.com” when providing its Service Level Agreement.

The X10 Hosted domain was privately registered on August 24th, the day after the X10 Platform domain was registered.

Further research reveals the Minnesota corporate address used by both X10 Platform and X10 Hosted actually belongs to Davinci Virtual Office Solutions.

From this it is unclear whether X10 Platform has any physical business operations in Minnesota.

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.

X10 Platform Products

X10 Platform has no retailable products or services, with affiliates only able to market X10 Platform affiliate membership itself.

The X10 Platform Compensation Plan

X10 Platform affiliates invest funds on the promise of an advertised ROI.

  • X10 Go – invest $97 and receive a minimum $1000 ROI
  • Plus – invest $197 and receive a minimum $2500 ROI
  • Pro – invest $397 and receive a minimum $3500 ROI
  • Ultra X10 – invest $997 and receive a minimum $14,000 ROI

Recruitment Commissions

X10 Platform affiliates are paid to recruit new affiliates:

  • recruit an X10 Go affiliate and receive $50
  • recruit a Plus affiliate and receive $100
  • recruit a Pro affiliate and receive $200
  • recruit an Ultra X10 affiliate and receive $500

X10 Platform claim X10, Plus and Pro ROIs are paid out within 60 days. The Ultra X10 ROI is paid out within 90 days.

Residual Commissions

X10 Platform pays residual 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.

X10 Platform caps payable unilevel team levels at five.

Residual commissions are paid out as a percentage across these five levels as follows:

  • level 1 (personally recruited affiliates) – 10%
  • levels 2 to 5 – 5%

Joining X10 Platform

X10 Platform affiliate membership is tied to a $97 to $997 investment:

  • X10 Go – $97
  • Plus – $197
  • Pro – $397
  • Ultra X10 – 997

The more an X10 Platform affiliate invests, the higher their daily ROI payments.


Rather than break down why X10 Platform is a security, I’ll just let the company itself explain it to you.

What we have before us is a completely automated, turn-key income generating system that automatically trades bitcoin for you and generated you profit 24 hours a day.

When an MLM company offers automated returns, they are offering a security.

In the US, to legally offer a security a company needs to be registered with the SEC.

As I write this, neither X10 Platform, X10 Hosting or CryptoTech are registered to offer securities in the US.

This means that at face value, X10 Platform is operating illegally.

X10 Platform’s business model also fails the Ponzi logic test.

The Ultra X10 investment tier costs $997. Of that $997, $799.10 is used to pay recruitment and residual commissions.

This leaves $197.90 for supposed AI bot cryptocurrency trading.

If “Nick from CryptoTech” and his buddies were able to legitimately turn $197.90 into $14,000 every three months (7074%), why would they share that with randoms over the internet?

As we typically see with MLM cryptocurrency schemes, there’s a good chance all X10 Platform is just recycling newly invested funds to pay existing investors.

This would make X10 Platform a Ponzi scheme.

Having just launched last month, I guess we’ll find out either way when the first ROIs are due sometime early next year.

In the meantime you can bet whoever is running X10 Platform will put your money to good use over Christmas.


Update 2nd March 2019 – X10 Platform has collapsed. The company has shut down and done a runner with invested funds.