Welcome to my Coinastrix Review. There has been some vibe about this company called Coinastrix,so I decided to find out what the company was all about and do some research on the company.
You are probably here because you have heard of Coinastrix and want to find out if it is a legit company or a scam.
Here is a detailed review on the company Coinastrix and I would walk you through the Coinastrix company,the compensation plan,the products and the verdict.
Coinastrix Review – The Company
The company does not offer information about the owner nor the current operator of the business on their website.
A Terms of Service page shows Coinastrix referring to itself as “CMVV Ventures, Mexico”, and this is joined by an address in Mexico City. Unfortunately, there’s no way to confirm if this is legit or not.
The domain name (coinastrix.com) was first registered on July 9, 2017, but since the registration was done privately, it’s impossible to tell where in the world it took place or who owns the domain.
Coinastrix Reviews – The Products
Coinastrix has no retail products or services for affiliates to purchase or sell.
Affiliates who wish to sign up with Coinastrix simply market the company affiliate membership.
Coinastrix isn’t marketing or selling a single thing to retail customers, and this leaves affiliate with only the affiliate membership to offer to those that want to join the attached income opportunity.
The Coinastrix Compensation Plan
Like all other network marketing companies you get paid when you refer someone in the business or invest funds.
Affiliates who want to participate in the company compensation plan are required to sign up as a member, which involves investing BTC.
With the agreement of set and residual ROIs, company affiliates invest using bitcoin.
· Nano – Invest 0.003 BTC and receive a 200% ROI in 60 days
· Micro – Invest 0.006 BTC and receive a 200% ROI in 60 days
· Mini – Invest 0.009 BTC and receive a 200% ROI in 60 days
· Astrix1 – Invest 0.02 BTC and receive a 200% ROI through binary commissions (no fixed ROI)
· Astrix2 – Invest 0.05 BTC and receive a 200% ROI in 90 days
· Astrix3 – Invest 0.15 BTC and receive a 200% ROI in 75 days
· Astrix4 – Invest 0.5 BTC and receive a 200% ROI in 75 days
· Astrix5 – Invest 1 BTC and receive a 200% ROI in 75 daysb
· Astrix6 – Invest 2 BTC and receive a 200% ROI in 60 days
· Astrix7 – Invest 4 BTC and receive a 200% ROI in 50 days
· Astrix8 – Invest 6 BTC and receive a 200% ROI in 60 days
· Astrix9 – Invest 10 BTC and receive a 200% ROI in 90 days
The company uses a binary compensation model to pay residual commissions to its affiliates.
The binary compensation model puts an affiliate at the top of a binary team, where the next level is divided into 2 sides (left/right).
The 1st level of a binary team will hold two positions and the 2nd level is made by dividing the first two positions into a further two positions each, creating 4 positions in total on level 2.
Any future levels of the binary team are made as needed, and each new level will hold 2x as many positions as the level before it.
The binary team positions are filled through direct and indirect sponsorship of new affiliates.
The rate of the percentage paid out by the company is measured by the amount an affiliated invested:
· Astrix1 – 6%
· Astrix2 – 7%
· Astrix3 – 8%
· Astrix4 – 11%
· Astrix5 – 13%
· Astrix6 – 15%
· Astrix7 – 18%
· Astrix8 – 21%
· Astrix9 – 25%
Should you choose to invest more at higher levels for the ROI, you’ll earn even more through the binary earnings as well.
Is Coinastrix Actually Legit Or A Scam?
Coinastrix is actually legit and not a scam.However to be successful in Coinastrix or any other network marketing company out there it would depend on your lead generation technique,your ability to recruit and your marketing techniques.
Cost To Join Coinastrix
The cost to join Coinastrix as an affiliate is coupled together with an investment from 0.003 to 10 BTC.
Verdict of Coinastrix
According to Coinastrix, ROIs and commissions are generated through “mining operations” and “investment analysts” that are reportedly “handling large portfolios.”
The only funds that are clearly coming into Coinastrix are that of affiliate investments, and because of this, newly invested funds are being used to pay off ROIs that are owed to other members.
Add this all together, and you end up with a Ponzi scheme.
Like literally every other Ponzi scheme, this will result in nothing but headaches for those that choose to get involved. The vast majority of affiliates will end up losing out, with only the anonymous admin(s) earning anything of value.
In other words, avoid this one at all costs.
The numbers that this company claims for its ROIs and residual commission rates are simply unsustainable, and once they flop, most investors will have most likely lost their money invested.
I hope you enjoyed my Coinastrix review and if you have any questions, please leave them in the comments below…