Welcome to my HelixxMine review!
There has been some buzz about this company so I decided to take a look and see what it was all about.
Chances are someone approached you about the business opportunity and you landed here to make sure it’s 100% legit.
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.
Find out if this is legit or a huge scam!
Before we dive in, make sure you check out my training here if you want to build ANY business online even if you don’t have a product yet.
What is HelixxMine
In a nut shell, HelixxMine is cloud mining and cryptocurrency investing service that manages everything.
For mining, you buy a share of the miners processing power or hashrate that is set to a crypto coin like bitcoin for example.
They claim that buying mining equipment can cost you $2000 while their cloud mining service will cost as little as $25.
HelixxMine Company
HelixxMine doesn’t provide any information on who runs the show behind the scenes…
I do know that the HelixxMine domain “helixxmine.com” was registered on March 7th of 2018.
Weird thing is Helixx Mine is listed as the owner and the address is found in London, UK.
They have an incorporation number in the UK and go by the company Helix Global CO LTD.
The problem is that ANYONE can get this incorporation and they need to start regulating it more.
Anyway, that’s all I got on the company so far…
Products In HelixxMine
HelixxMine does claim they have crypto currency mining through the cloud, however, you can’t buy it at the retail levels…
So HelixxMine products are not really products or services, but it’s a bundle with an affiliate membership.
Because there are no retail products or services, this company is in dangerous territory…
Have you heard of pyramid scheme? (1)
So far this is looking like it…
Let’s check out the compensation plan next…
HelixxMine Compensation Plan
Inside of HelixxMine, you can get paid by investing into the company and getting some kind of ROI and sponsoring new members who invest into the company.
Investment Opportunity With HelixxMine
Let’s look into the investment side first…
HelixxMine has members invest money into the company on a promised ROI.
According to a ROI calculator on their website, this is what it looks like:
- Investment of $100 gets you a $24.68 monthly ROI
- Investment of $1010 gets you a $249.32 monthly ROI
- Investment of $10,000 gets you a $2468.49 monthly ROI
When we do the math, this is about 24% to 25% monthly ROI….
HelixxMine Residual Commissions
This company pays you residual commissions through a unilevel compensation plan.
HelixxMine caps their unilevel at five levels deep.
Below is the break down on the percentage you get on the funds invested by your downline members:
Unilevel HelixxMine Compensation Plan
- Level 1 (personally sponsored members) – 10%
- Level 2 – 4%
- Level 3 – 2%
- Level 4 and 5 – 1%
If you hit Platinum status, you can get 10.8% on level 1.
When I checked out the HelixxMine website, didn’t seen any qualification information to hit that.
Cost to Join HelixxMine
HelixxMine affiliate membership is actually free.
However, if you want to be part of the investment opportunity and MLM side of things, you need to put in $20.
Verdict
So does the HelixxMine scam exist?
Let’s take a look at the facts first…
First, we don’t know runs or owns the company…
I even checked out social profiles and there was nothing there.
Second, they are promising a ROI of over 20% monthly which is impassive because crypto stuff goes up and down like crazy.
Third, they have no proof of their cloud mining and processing power sharing at all.
Only way they can predict huge ROI’s is by paying existing members with new investments which makes this a ponzi scheme. (2)
Anyway, I would avoid this in my humble opinion…
I hope you enjoyed my HelixxMines review and if you have any questions, feel free to ask in the comments below…
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