A ticker on the ByXpress website indicates that the company plan to launch sometime in May 2015. Håvard Michelsen is identified as ByXpress’ CEO.

The ByXpress website domain was registered on the 22nd of May 2014, with “Adonxpress Limited” listed as the domain owner. An address in Gibraltar is also provided.

Further research reveals this address belongs to Fiduciary Group, who offer “establishment of Gibraltar companies” as a service.

As such ByXpress appears to exist in Gibraltar in name only.

ByXpress marketing material also identifies Michelsen as the CEO of AdonExpress Limited, who as per the ByXpress domain registration appears to the be a parent company.

Four shell company registration addresses appear in the marketing material; one in Gibraltar (differing to ByXpress’ domain registration), one in the UK, one in Hong Kong and one in Turkey.

Michelsen (right) hails from Norway but, as per his Facebook profile, is currently living in Spain. This is in all likelihood where ByXpress is actually being run out of.

As far as I can tell, AdonXpress was launched in mid 2014 as an e-commerce portal. The company signed up with a bunch of third-party merchants and promised to pay users 50% of any commissions the merchants paid them.

Today the former AdonXpress website is defunct, with Michelsen looking to reboot the concept as an MLM opportunity under the ByXpress brand.

Read on for a full review of the ByXpress MLM business opportunity.

The ByXpress Product Line

As with AdonXpress, ByXpress has no retailable products or services of its own.

Byxpress is online portal, where you can do all the things you normally do online with just one click on one site and you get rewarded every time you and your friends are using it.

At the time of publication, categories listed on the ByXpress portal include shopping, news, travel, TV & Video, e-learning, games and social.

The company also runs the website Coins Race, which appears to be a mining cloud for the MCoin cryptocurrency.

Under the Coins Race brand, ByXpress also operate a casino, through which MCoin can be spent and won.

As with ByXpress and AdonXpress, Coins Race is also registered in Gibraltar.

Prices for mining with Coins Race are not provided on the company’s website, however a “business owner’s” document linked from the site mentions “mining contracts”.

The ByXpress Compensation Plan

The ByXpress compensation plan sees affiliates paid for generating activity through the company’s webportal.

ByXpress affiliates are also paid for recruiting new affiliates, both directly and residually.

ByXpress Affiliate Ranks

There are twelve affiliate ranks within the ByXpress compensation plan.

Along with their respective qualification criteria, they are as follows:

Bronze – sign up as a Basic affiliate (€200 EUR) and generate 30 BV a month

Gold – sign up as a VIP affiliate (€1200 EUR) and generate 30 BV a month

Beginner – generate 30 BV a month, sign up and maintain 2 customers and mine at

🤖 Quick Answer

What is ByXpress and its planned launch timeline?
ByXpress is a cryptocurrency mining platform that planned to launch in May 2015. The company is headed by CEO Håvard Michelsen and operates through Gibraltar-based corporate structures, with its domain registered in May 2014 under Adonxpress Limited ownership.

What is the corporate structure behind ByXpress?
ByXpress operates as a Gibraltar-registered entity under Adonxpress Limited, its parent company. Both entities share CEO Håvard Michelsen. The domain registration uses a Gibraltar address belonging to Fiduciary Group, a company formation service provider.

What concerns exist regarding ByXpress' operational presence?
ByXpress appears to maintain a Gibraltar presence primarily in name only. Multiple shell company registration addresses appear across marketing materials, suggesting a complex corporate structure potentially designed to obscure actual operational locations

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