November 10, 2020 – By Brian Priest. Welcome to my Beurax Review. 🙂
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Hello everyone, and welcome to my Beurax Review. I’ve noticed this new Crypto MLM company getting quite a bit of attention lately. So, I decided to dig into it deeper. And just see what all the chatter is about.
As a matter of fact you may have been approached by someone about their investment or business opportunity. And you came here to see if it is legit. So we are going to go through the company, the products, and the compensation plan. Then you will be able to make an informed decision.
So make sure to stay with me. And pay close attention and let’s get started with out Beurax Review.
Beurax Review – (The Company)
I have not been able to find any information on who owns or runs Beurax And after doing some background check on the website domain “beurax.com”, I found out it was privately registered on September 19th, 2020.
I also went to the website and clicked on the “About Us”, and then “Contact Us” buttons. and that gave me a contact box for my details. As well as what looks like to be a company address of:
121 Marcus Clarke St. Canberra ACT 2601, Australia,
And in addition to that i was able to find 2 email addresses and a phone number: email@example.com, firstname.lastname@example.org, PH# 61261003037. As well as a pop up chat box with a photo and name of Jeremy Renolds.
That name has been around the MLM scene for some time. But this isn’t that Jeremy Reynolds.
The Beurax company offers a ASIC registration certificate for “Beurax Corporation PTY LTD”. However keep in mind that they haven’t filed any documents since they registered the company. And when everything is said and done the ASIC isn’t known to take serious regulatory action against companies that don’t adhere to these laws.
They do have a marketing video that shows Brandon Watts as The Founder and CEO Beurax Corporation.
It is also good to mention that on their YouTube channel there first video just published was September 23rd, 2020.
We found the CEO
I found out that this was most likely about the time that the company first launched. And now Brandon Watts is the founder and CEO of the company.
However I was unable to find ANY background information on him. In fact he has NO digital footprint at all. Which is already a red flag of suspect for me.
100% of the time when that is the case it’s usually an actor that has been hired to play a role. and another thing that I found very odd is that he is driving a left-hand car. But in Australia, they drive right-handed automobiles…
Oops… it looks there are a few continuity issues there.
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And as of right now most of the traffic coming into the company is coming from the United States and Canada. Which means they need to register with the SEC and Canada’s CSA. And at the moment they are not…
Beurax Reviews – (The Products)
Everything I look at says that the Beurax company has no retail products or services. But you can promote their affiliate membership once you become an affiliate yourself. And then from that point you can invest into the company as well.
Well, Let’s look at the compensation plan and see what we can discover there.
Beurax Review – (The Compensation Plan)
Beurax affiliate invest USD, bitcoin, and/org Ethereum on a promise of an advertised daily ROI.
- 1 Invest $20 to $500 and receive 1.4% a day for 15 days (121%)
- 2 Invest 0.001 to 0.5 BTC and receive 1.4% a day for 20 days (128%)
- 3 Invest 0.1 to 5 ETH and receive 1.4% a day for 20 days (128%)
- 4 Invest $500 to $1000 and receive 1.5% a day for 20 days (130%)
- 5 Invest $1000 to $2500 and receive 1.6% a day for 25 days (140%)
- 6 Invest 0.5 to 2 BTC and receive 1.5% a day for 30 days (145%)
- 7 Invest 5 to 20 ETH and receive 1.5% a day for 30 days (145%)
- 8 Invest $2500 to $5000 and receive 1.7% a day for 30 days (151%)
- 9 Invest $5000 to $10,000 and receive 1.8% a day for 35 days (163%)
- 10 Invest $1000 to $50,000 and receive 1.5% to 2.1% a day for 45 days (167.5% to 194.5%)
- 11 Invest 0.1 to 5 BTC and receive 1.5% to 2.1% a day for 45 days (167.5% to 194.5%)
- 12 Invest 3 to 120 ETH and receive 1.5% to 2.1% a day for 45 days (167.5% to 194.5%)
- 13 Invest 2 to 10 BTC and receive 1.6% a day for 45 days (172%)
- 14 Invest 20 to 50 ETH and receive 1.6% a day for 45 days (172%)
- 15 Invest $10,000 to $50,000 and receive 3% a day for 90 days (270%)
- 16 Invest $50,000 to $100,000 and receive 3.1% a day for 90 days (279%)
- 17 Invest 1 to 5 BTC and receive 3.1% a day for 90 days (279%)
- 18 Invest 25 to 125 ETH and receive 3.1% a day for 90 days (279%)
- 19 Invest $100,000 to $300,000 and receive 3.2% a day for 90 days (288%)
- 20 Invest $300,000 to $500,000 and receive 3.3% a day for 90 days (297%)
- 21 Invest 5 to 15 BTC and receive 3.3% a day for 90 days (297%)
- 22 Invest 125 to 400 ETH and receive 3.3% a day for 90 days (297%)
- 23 Invest $500,000 to $1,000,000 and receive 3.4% a day for 90 days (306%)
- 24 Invest $1,000,000 to $100,000,000 and receive 3.6% a day for 90 days (324%)
- 25 Invest 15 to 50 BTC and receive 3.6% a day for 90 days (324%)
- 26 Invest 400 to 1500 ETH and receive 3.6% a day for 90 days (324%)
Overall there are 12 ranks in total you can hit in this company. and below is the breakdown on how to hit them…
- Silver Consultant – sign up as a Beurax affiliate
- Golden Consultant – generate $10,000 in total downline investment
- Diamond Consultant – generate $30,000 in total downline investment
- Silver Manager – generate $60,000 in total downline investment
- Golden Manager – generate $120,000 in total downline investment
- Diamond Manager – generate $250,000 in total downline investment
- Silver Partner – generate $1,000,000 in total downline investment
- Golden Partner – generate $3,000,000 in total downline investment
- Diamond Partner – generate $10,000,000 in total downline investment
- Silver Director – generate $30,000,000 in total downline investment
- Golden Director – generate $50,000,000 in total downline investment
- Diamond Director – generate $100,000,000 in total downline investment
The Beurax company pays referral commissions on invested funds via a unilevel compensation plan structure.
Beurax commissions are capped at 15 levels in total.
Below is that break down:
- Silver Consultants earn 6% on level 1 (personally recruited affiliates), 3% on level 2, 1% on levels 3 and 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
- Golden Consultants earn 7% on level 1, 3% on level 2, 1% on levels 3 and 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
- Diamond Consultants earn 8% on level 1, 4% on level 2, 2% on level 3, 1% on level 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
- Silver Managers earn 9% on level 1, 5% on level 2, 2% on level 3, 1% on level 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
- Golden Managers earn 10% on level 1, 6% on level 2, 3% on level 3, 1% on level 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
- Diamond Managers earn 11% on level 1, 7% on level 2, 3% on level 3, 1% on level 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
- Silver Partners and higher receive 12% on level 1, 8% on level 2, 3% on level 3, 2% on level 4, 0.5% on levels 5 to 7, 0.4% on levels 8 to 10, 0.3% on levels 11 to 13 and 0.2% on levels 14 and 15
Beurax review – (Leadership Bonuses)
Leadership Bonuses are a one-time ranked-based bonus starting at the Diamond Consultant rank:
These are the Ranks that are available to Qualify for,
- Diamond Consultant and receive $1000
- Silver Manager and receive $2000
- Golden Manager and receive $3000
- Diamond Manager and receive $5000
- Silver Partner and receive $20,000
- Golden Partner and receive $50,000
- Diamond Partner and receive $250,000
- Silver Director and receive $500,000
- Golden Director and receive $1,000,000
- Diamond Director and receive $3,000,000
They have a crazy rule about it though:
This bonus is intended for leaders and the most active team members. And the Beurax company calculates the bonuses based on a complete analysis of the partner’s account. And this analysis is primarily on his activity and personal results of work with the team.
Beurax Review – (The Cost to Join Up)
The membership to become a Beurax company affiliate is free. However, if you want to be part of the investment opportunity you HAVE TO at least invest $20.
Now unlike a lot of the other Beurax reviews being put out there I am going to be completely straight with you.
So stay with me until the end and remember to PAY close attention. Here are…
My Final Thoughts – The Beurax Review
Let’s talk about what you really wanna know
So is there some kind of scam behind the scenes at the Beurax company or does a legitimate investment opportunity exist?
Well let’s take a look at the evidence we have gathered…
First of all, they have no retail products or services that can be sold. That’s a giant red flag. And The FTC is not cool with that stuff. In addition to that I don’t see any proof of actual external income they are claiming here:
The uniqueness of our platform and operating software is based on algorithms for nanosecond financial engineering.
Our trading bots are programmed for certain algorithms of actions, and qualitatively differ in the speed of obtaining information and processing data, depending on the market situation.
As a matter of fact the Only income I see coming in to the company is new investments paying off existing members. So in other words this is a ponzi scheme.
So there is no way that I can’t recommend it at all…
Thanks for stopping by. And I hope you’ve enjoyed my Beurax review and if you have comments or questions Please feel free to leave them in the comment section below…
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Sincerely, Brian Priest.
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