Obtanix Review – Huge Scam Or Legit System?

Obtanix ReviewIf you’ve been paying attention lately, you’ll notice that Obtanix has been getting a lot of hype.

Because it’s new, it’s getting a lot of buzz and if you’re in an online business, I am sure someone will push it on you at some point.

It’s especially popular on social media at the moment.

I do want to let you know that I am NOT affiliated with Obtanix as a member or distributor.

My goal is to gather all the facts in one place for you so you can do your research – and it’s all here in my Obtanix Review.

Is Obtanix a legit business, or is it a complete scam?

Will I be able to build a business with it?

I tell you all about it in my Review of Obtanix.

Read below to find out more.

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What Is Obtanix?

Obtanix’s website says that its CEO goes by the name of Alvey Gomer, and while having a name listed on the site is nice, there’s no real information provided on Gomer — both on the site and outside of it.

The domain name for the Obtanix site (obtanix.com) was initially registered on August 19, 2016, and it was just updated on March 10 of this year (2017).

The registration for the domain lists Darin Hadwin as the owner, and along with this, there’s also an address cited in Copenhagen, Denmark.

Darin Hadwin’s name only shows up with the domain registration, meaning that it doesn’t appear to have any connection with Obtanix outside of that. Similar to what’s found with Alvey Gomer, there doesn’t appear to be any mention of Hadwin on the web outside of Obtanix’s umbrella.

In other words, neither Gomer or Hadwin likely exist and are simply being used for the namesake.

As for Alexa rankings for Obtanix’s website, India is the largest source of traffic for the company at a whopping 61%. The second place position goes to Bangladesh, but interestingly enough, it only accounts for 1% of traffic.

Similarly, it’s worth pointing out that three of the questions in the FAQ section on the Obtanix site are listed in Indonesian.

In June of this year, Obtanix published a freelance job offer on the website Upwork, and for the company’s location, this was listed as Jakarta, Indonesia.

To put things simply, it’s rather likely that whoever is running Obtanix is doing so out of Indonesia.

Obtanix Scam

What Products Are Being Sold?

As for the product line that Obtanix is bringing to the table, there’s really nothing to speak of.

No products or services are being marketed to retail customers, and because of this, affiliates only have the affiliate membership to offer to individuals.

Info On The Obtanix Comp Plan

Moving on to the compensation plan, Obtanix allows its affiliates to earn a weekly ROI between 2.5% and 5% for a total of 75 weeks (for a total payout between 187.5% and 375%).

There are four different investment levels to choose from, and along with each higher level costing more money to enter into, they also come with more xen points that are essentially worthless outside of Obtanix.

Those four levels include:

  • Basic — Affiliates invest $100 and then earn 1 xen point
  • Starter — Affiliates invest $500 and then earn 5 xen points
  • Advance — Affiliates invest $2500 and then earn 28 xen points
  • Premium — Affiliates invest $10,000 and then earn 120 xen points

To go along with the ROI payments, affiliates may also earn recruitment commissions when enlisting new people to join the Obtanix affiliate program.

Recruitment commissions are paid out as a percentage of funds invested by people you recruit, and the payout here is as follows:

  • Recruiting a Basic affiliate earns you a 5% commission
  • Recruiting a Starter affiliate earns you a 7% commission
  • Recruiting an Advance affiliate earns you an 8% commission
  • Recruiting a Premium affiliate earns you a 10% commission

Similarly, affiliates can also earn residual commissions that are paid using a binary system.

In addition to all of this, it’s worth noting that Obtanix affiliates are required to reinvest 50% of all ROI payments directly back into Obtanix.

What Will It Cost Me To Join Obtanix?

If you would like to join Obtanix as an affiliate, you’ll need to buy one of the packages being offered.

As such, your starting cost will range from $100, $500, $2500, and $10,000.

In this case, choosing to invest more will allow you to potentially earn more throughout the compensation plan.

Any Truth To The Obtanix Rumours?

Any time a new business opportunity launches, you will always hear rumours about them being scams – so is Obtanix a scam?

From reading above, you might already be thinking Obtanix is a scam.

So, is it?

Is there a Obtanix scam, or is it legit?

To be honest, Obtanix isn’t a complete scam.

However, there are some red flags to be worried about, which I discuss in the conclusion.

See my tips below for helping to make money.

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And Now, My Obtanix Conclusion

Like you find with many other MLM schemes, Obtanix is claiming that it’s able to generate its offered ROI through the mining of cryptocurrency.

As per the Obtanix website:

“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 possibly by Obtanix’s vast reserves of Crypto-currencies & years of successful investments experience that have created an attractive pool of Crypto-currencies, growing & exchanging at fast paces.”

However, as these stories typically go, there isn’t any proof at all to back of the claims that are being made here.

Affiliates join, invest money into packages, and then earn a weekly ROI.

With affiliate investments being the only money coming into Obtanix, it’s rather obvious that the company is operating as a Ponzi scheme.

The anonymous admin(s) running Obtanix will run for the hills once the company starts to collapse, and this will happen the second investment activity dies down.

Most all affiliates who get involved with this one will end up losing out, and as such, your time and money are much better spent elsewhere.

I hope you have gained value from my Obtanix Review.

I have put all the details you need to know here, because all other reviews of Obtanix have been fairly limited with details.

If you do decide to proceed with Obtanix or any business, you’ll find my free training helpful – I will show you how to make money online.

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