IX Wallet operates in the cryptocurrency MLM niche.

The company claims its “team” works from the US, China and Israel.

Heading up IX Wallet is Yang Li, Sergey Storojuk and William Clark.

Yang Li’s and William Clark’s names are too generic to research and verify an MLM history.

Sergey Storojuk doesn’t appear to exist outside of IX Wallet marketing, which I’m flagging as 
highly suspicious.

Take the provided IX Wallet corporate bios above with a grain of salt.

Read on for a full review of IX Wallet’s MLM opportunity.

IX Wallet’s Products

IX Wallet has no retailable products or services, with affiliates only able to market IX Wallet affiliate membership itself.

IX Wallet’s Compensation Plan

IX Wallet affiliates invest bitcoin, bitcoin cash and/or ethereum on the promise of advertised returns.

Cat 1 – invest 0.15 to 0.1 BTC, 0.25 to 1.75 BCH or 0.5 to 3 ETH and receive a 9% monthly ROI

Cat 2 – invest 0.1 to 0.5 BTC, 1.75 to 8.5 BCH or 3 to 15 ETH and receive a 12% monthly ROI

Cat 3 – invest 0.5 to 1.85 BTC, 8.5 to 33.5 BCH or 15 to 60 ETH and receive a 15% monthly ROI

Cat 4 – invest at least 1.85 BTC, 33.5 BCH or 60 ETH and receive an 18% monthly ROI

IX Wallet investment is converted into IX tokens, which the company sells to affiliates at an arbitrary internal value.

Monthly returns are based on and also paid in IX tokens.

Referral Commissions

IX Wallet pays referral commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Referral commissions are paid on funds invested across the unilevel team as follows:

Rank I – maintain a minimum 0.03 BTC, 0.5 BCH or 1 ETH investment amount and earn 100% on level 1 and 10% on levels 2 to 10

Rank II – generate $125,000 in total unilevel team investment volume and earn 100% on level 1, 10% on levels 2 to 10 and 6% from level 11

Rank III – generate $250,000 in total unilevel team investment volume and earn 100% on level 1, 10% on levels 2 to 10 and 10% from level 11

Rank IV – have at least two Rank III affiliates in levels 1 and/or 2 of your unilevel team and earn 100% on level 1, 10% on levels 2 to 10 and 14% from level 11

Rank V – have at least two Rank IV affiliates in levels 1 and/or 2 of your unilevel team and earn 100% on level 1, 10% on levels 2 to 10 and 18% from level 11

Joining IX Wallet

IX Wallet affiliate membership is free.

Full participation in the attached MLM opportunity however requires a minimum 0.15 BTC, 0.25 BCH or 0.5 ETH investment.

Conclusion

IX Wallet is yet another entry into the mobile app wallet MLM niche.

The MLM app model is simple enoug

🤖 Quick Answer

What is IX Wallet and its operational structure?
IX Wallet operates within the cryptocurrency MLM sector, claiming leadership from the United States, China, and Israel. The company is headed by Yang Li, Sergey Storojuk, and William Clark. It functions primarily as an affiliate membership platform rather than offering retailable products or services.

What are the main concerns regarding IX Wallet's leadership?
Significant verification challenges exist with IX Wallet's management team. Yang Li and William Clark possess generic names difficult to research independently. Sergey Storojuk appears exclusively within IX Wallet marketing materials, raising substantial authenticity and background verification concerns among analysts.

How does IX Wallet's compensation structure function?
IX Wallet affiliates invest cryptocurrency including bitcoin, bitcoin cash, and ethereum. The compensation model relies on recruiting new members and promoting affiliate membership itself rather than selling tangible products or services to external consumers.

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