Monyx Review – But I’m Not Promoting It!

Monyx ReviewLately, this business opportunity has been getting a lot of hype on the internet.

People are hyping Monyx all over the place, including a lot of social media.

Has someone already pitched Monyx to you?

The first thing I want to tell you is that I am NOT promoting this business in any way.

I have complied all the facts about it in my Monyx Review so you can discover the truth for yourself!

Have you hear that Monyx is a scam?

That Monyx can’t deliver on it’s promises?

I will tell you all about it in my Review of Monyx.

Let’s get started.

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Exactly what is Monyx?

On the Monyx website, you won’t see any information about who’s running the company, where it’s based out of, when it was founded, or anything at all along these lines.

The domain name for the site (monyx.io) was registered on November 17, 2017, but thanks to it being registered privately, it’s impossible to tell who the owner of the domain is or where in the world the registration took place.

Aside from this, the only other thing worth mentioning is that there’s a mobile app called Monyx Wallet that offers a vending machine payment service. However, at least from what I can tell, this has no connection at all to the Monyx MLM opportunity that I’m reviewing.

Monyx Scam

Are There Any Monyx Products?

On the product line side of things, Monyx doesn’t have anything at all to offer.

No goods or services are being sold to retail customers, and as a result of this, there’s no chance for any retail sales activity to take place.

Affiliates for Monyx are left with only the affiliate membership to market to those interested in a new income opportunity, and in my experience, this is something that’s only found with opportunities in the MLM underbelly.

Can You Tell Me About The Compensation Plan For Monyx?

As for the compensation plan, those that choose to join Monyx as an affiliate are asked to invest money so they can then earn MYX points. Points are paid out between 45 cents and $1 each, and these points are then lended back to Monyx so affiliates can get a daily ROI.

  • Affiliates that invest $100 to $1000 earn a daily ROI + 0.1% bonus for a total of 140 days
  • Affiliates that invest $1001 to $10,000 earn a daily ROI + 0.2% bonus for a total of 120 days
  • Affiliates that invest $10,001 to $50,000 earn a daily ROI + 0.3% bonus for a total of 80 days
  • Affiliates that invest $50,001 to $100,000 earn a daily ROI + 0.4% bonus for a total of 60 days

Along with this, members are also given the chance to earn on referral commissions.

These are paid using a unilevel system, and it allows members to earn as deep as five levels on their affiliate recruitment.

What Is The Fee To Join Monyx?

If you’re interested in joining Monyx, you can initially choose to do so for free. However, doing this will limit you to earning only referral commissions.

To get a shot at the referral commissions and daily ROI, you’ll need to make an investment of at least $100.

Is Monyx Truly A Scam?

If you’ve been doing your research on Monyx, you may have heard from some people that it’s a scam, and from other’s that it’s totally legit.

After reading my review, you might not be sure for yourself.

So, what’s really going on here?

Is Monyx a scam, or can you make a legit business with it?

To be honest, I am not sure Monyx is a complete scam.

However, I did find a few things to be aware of before you join, which will help you to be successful if you join.

Also, see below for help with making money online.

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Read Here For My Monyx Conclusion!

Monyx using its website to say that it’s “the future of investing” and that it’s also “the first investment platform that aims to outperform Bitcoin on a risk-adjusted basis through state-of-the-art Algorithmic Trading powered by Artificial Intelligence.”

Even without any sort of proof or evidence that any of this is taking place, Monyx continues to say that it’s “traded successfully with out algorithms since 2013, and have now decided to pen up for outside capital.”

These claims might sound nice at first, but the fact of the matter is that they’re just smoke and mirrors.

There’s no evidence that any trading activity is taking place, and the only money coming into Monyx is that of affiliate investments.

With newly invested funds being used to pay ROIs owed to existing members, we end up with a Ponzi scheme.

Like all other Ponzi schemes, Monyx will fall and crumble once investments stop coming in.

Most people will end up losing out, the anonymous admin(s) will make off with the majority of what’s invested, and that’ll be all she wrote.

I hope you have gained a lot of value from my Monyx Review.

I have found other reviews are scant on details, so I wanted to make sure you had everything you need here.

If you do decide to move forward with Monyx, I think the info I have given here will help you.

Moving forward, you need to take care of marketing yourself, which you can learn how to do with my free training. Click below.

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