There is no information on the XenixCoin website indicating who owns or runs the business.
The XenixCoin website domain (“xenixcoin.com”) was registered on October 11th, 2016. Louis Hutchinson of Xenix Technologies LTD is listed as the owner.
There doesn’t appear to be any third-party information available on Hutchinson’s role within XenixCoin.
A corporate address in London is provided on the XenixCoin website. Further research reveals this is a virtual office address provided by i2 Office.
Despite a provided UK incorporation (about £20 GBP), it appears XenixCoin has no actual physical presence in the UK.
Given this and coupled with the lack of information provided, it’s doubtful Louis Hutchinson actually exists.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
The XenixCoin Product Line
XenixCoin has no retailable products or services, with affiliates only able to market XenixCoin affiliate membership itself.
The XenixCoin Compensation Plan
The XenixCoin compensation plan sees affiliates invest in packages. Commissions are paid out when they recruit others who do the same.
In total, there are six packages for XenixCoin affiliates to invest in:
Basic – $100
Standard – $1000
Enterprise – $3000
Essentials – $6000
Business Pro – $12,000
Premier – $25,000
XenixCoin affiliates receive a 10% commission when they recruit affiliates who invest in the above packages.
Matching Bonus
A matching bonus is available on package referral commissions earned by downline affiliates.
XenixCoin’s matching bonus is paid out 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.
XenixCoin cap how many levels deep an affiliate can earn the matching bonus on, determined by how much the affiliate has invested:
Basic affiliates earn a 10% match on level 1 (personally recruited affiliates)
Standard affiliates earn a 10% match on levels 1 and 2
Enterprise affiliates earn a 10% match on levels 1 and 2 and a 20% match on level 3
Essentials affiliates earn a 10% match on levels 1 and 2 and a 20% match on levels 3 and 4
Business Pro affiliates earn a 10% match on levels 1 and 2, a 20% match on levels 3 and 4 and a 25% match on level 5
Premier affiliates earn a 10% match on levels 1 and 2, a 20% match on levels 3 and 4 and a 25% match on levels 5 and 6
Earnings Cap
Based on how much a XenixCoin affiliate has invested, commission withdrawals are limited as follows:
Basic affiliates can withdraw $500
Standard affiliates can withdraw $1000
En
🤖 Quick Answer
Who owns and operates XenixCoin?XenixCoin's domain was registered in October 2016 under Louis Hutchinson of Xenix Technologies LTD. However, limited third-party information exists about his actual role. The company lists a London corporate address that investigation reveals is a virtual office provided by i2 Office, suggesting no physical UK presence.
What is the corporate structure of XenixCoin?
XenixCoin maintains a UK incorporation registered for approximately £20 GBP. Despite this formal registration, the organization appears to lack actual physical infrastructure in the United Kingdom, operating primarily through virtual office arrangements and online presence.
What concerns exist regarding XenixCoin's transparency?
The XenixCoin website provides minimal information about ownership and operational details. The use of virtual office addresses, limited verifiable information about key personnel, and lack of physical presence raise questions about
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