Paymony, a digital currency company, registered its domain on November 28, 2013, then immediately shielded its ownership with privacy protections. Three years later, the Paymony website still offers no public information about who owns or operates the business, leaving participants without a clear point of contact.
The company's "About Us" page provides only generic corporate language. It claims Paymony is part of Andpry Inc Group, referencing "partners in Silicon Valley" and a vague mission to develop "products and technology services" focused on "ease of usage." The page also mentions relationship marketing, distribution networks, and a team of "experts" in technology and web solutions. No names or verifiable credentials for these alleged experts are ever disclosed. This deliberate anonymity leaves the operational structure opaque.
Paymony sells no actual products or services to external customers. Affiliates market only membership in Paymony itself. The company's marketing materials frequently use terms like "mining technology" and "cryptocurrency," but these terms appear disconnected from any tangible offering. Affiliates primarily hand over cash deposits and recruit others to do the same, forming the core activity.
The compensation structure quickly exposes the scheme's true mechanics. New recruits buy into one of three distinct packages: a $300 Mining Package, a $1,500 Virtual Farm Package, or a $15,000 Paycoin Package. Upon joining, they deposit money with the company. Paymony then pays out a 10% recruitment commission from this initial deposit to the affiliate who signed them up. This commission translates to $30 for the Mining Package, $150 for the Virtual Farm Package, or $1,500 for the Paycoin Package.
Beyond these direct recruitment bonuses, Paymony also uses a binary compensation structure. Each affiliate sits at the top of two organizational branches, designated left and right. As new members are recruited beneath them and purchase packages, they accumulate "Business Volume" (BV). The packages generate different BV amounts: a $300 package yields 100 BV, a $1,500 package provides 500 BV, and a $15,000 package adds 5,000 BV.
At the close of each month, the company pays 50% of the Business Volume generated by whichever side—left or right—produced less. For instance, if an affiliate's left team generates 5,000 BV and their right team generates 3,000 BV, the affiliate receives half of the 3,000 BV, which is $1,500. The remaining BV from the stronger leg, in this example 2,000 BV, then flushes away, resetting for the next period.
This entire system operates as a textbook multilevel marketing scheme that relies on a constant influx of new money. Paychecks do not derive from the sale of any real products or services to end consumers. Instead, they come entirely from new recruits depositing their funds. Recruitment always slows over time, and when it does, the flow of money inevitably stops. This structure mathematically guarantees that most participants will ultimately lose their initial investment.
Paymony operates with hidden ownership, offers no demonstrable products, and depends entirely on investment packages and continuous recruitment. The company exhibits every characteristic of a predatory financial scheme.