Investing in cryptocurrency is becoming a new standard and there are a lot of companies that can help you to invest in a proper way.
But is that right?
I am sure you have stumbled upon many scammy systems already (in some cases, even Pyramid Schemes) and you are wondering what is the Clicxads all about.
Is Clicxads a Scam?
In this review, we are going to find out how it works, what kind of product they have, and whether it makes sense to invest or not.
Let’s get started.
Disclaimer
Please note, I am not a member or an affiliate for Clicxads. This review is based on research and information available online in the public domain.
Any recommendation and conclusions are only opinions and may not apply to all persons or situations.
Overview
Name: Clicxads
Website: www.network.clicxads.com
Price to Join: $0 to $88
Recommended: No!
I recommend Affiliate Marketing. Check the Pros and Cons of both business models (Affiliate Marketing vs. MLM).
Clicxads Summary
Clicxads is apparently a cryptocurrency advertisement platform where you can make money by investing in Bitcoin and recruiting new members to join this company.
Unfortunately, this system operates as multi-level marketing and since there is no retail product, this automatically makes it a pyramid scheme.
The problem is that the owner, has already promoted several Ponzi schemes and there is no reason to expect that he has changed his “business model”.
As you know, Pyramid schemes are illegal almost in every country, so I strongly recommend, not joining the Clicxads.
There are many legal ways how to generate consistent income.
I personally prefer Affiliate Marketing, where I run one website that generates me 4 digits online.
Here is a link to the method I have been using since 2017.
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What is Clicxads?
Clicxads is supposed to be a free cryptocurrency advertisement platform.
The problem is the high risk of losing money without a chance to get it back.
Clicxads also offers a recruitment opportunity, where their members can refer new members and make a commission.
The company does not have any retail products, nor courses/services to offer.
So the only way how one can earn money is from recruitment.
This is a huge red flag since the company incorporates multi-level recruiting.
As we know if an MLM company has no retail products and the only way how to make money is recruiting, it means that it is a pyramid scheme.
Let’s dig a bit deeper.
Who Runs the Clicxads?
It is not clear from their website who is the founder and/or CEO.
This is another red flag and it resembles other similar pyramid schemes such as Beurax, or Tronex World.
Based on research, it seems that this company is run by a guy called Caujuan Mayo.
He is the one who heavily promotes in YouTube, saying that this is a great way how to build a business.
A bit more research reveals that this person, has been already involved in many scams before and he also did promote the Trade Coin Club Ponzi scheme, Traffic Authority, and many others.
Is Clicxads a Pyramid Scheme?
From what we have seen so far, it is safe to assume that Clicxads is a Pyramid Scheme.
Just to be sure, let’s have a look at a short video on how to spot a pyramid scheme:
So Clicxads has no products to sell and the only way how money flows into the company is from fees paid by new members (and of course the existing members).
Who earns money within the Clicxads?
Only people at the top (or just one individual – Caujuan Mayo).
It is also important to realize that the pyramid schemes are “designed” to collapse. The recruitment just can’t go on forever. Once there is no one to join, the money stops flowing and the entire structure collapses from day 1 to day 2.
And this is the reason why Pyramid Schemes are illegal in most countries.
If you want to find out more about this company keep reading.
How Much to Join the Clicxads
Clicxads offers 3 different levels with different prices.
The cost ranges from 0$ (zero) to about $88.
They accept only Bitcoin, though.
- Basic
- Professional
- Enterprise
Compensation Plan
There are several ways on how to make money with the Clicxads.
1) Investment
One can invest the Bitcoin and in theory, can get a return on his or her investment.
The earnings depend on the level you have chosen (see the paragraph above).
- Basic – 105%
- Professional – 111%
- Enterprise 115%
The problem is that there is absolutely no evidence that this company has an external source of income.
2) Referral Commission
So this is the only way how money flows into the company, from the new and existing members.
With that being said, when you recruit people and build your downline, you get paid. And it goes down to 3 levels.
Again, the commission depends on your level.
For the Basic, the commission is 3%, on every personal recruiter affiliate.
For the Profesional, the commission is 4% on level 1 and 1% on level 2.
For the Enterprise, the commission is 2% on Level 2 and 1% on level 3.
If you have any questions, let me know in the comment section below, but by now it is clear that it is better to stay away from the Clicxads.
What I like about Clicxads
- Absolutely nothing I like about Clicxads
What I don’t like about Clicxads
- This is a Pyramid scheme – They are illegal in most countries.
- The guy who runs the Clicxads has been promoting many Ponzi schemes in the past.
Is Clicxads a Scam?
Absolutely.
Clicxads is a scam and modern Pyramid scheme when people invest in Bitcoins.
It does not make sense to join this company simply because it is guaranteed to fail in any minute, so to speak.
The guy who runs this company has been already involved with numerous Ponzi schemes, so you better avoid this one as well.
I hope you find this article helpful and one more thing I want to share with you.
Remember that, when it comes to investment, keep in mind these following rules:
- Make sure that you have a way out quickly
- Don’t invest more than you can afford to lose
- Realize that you are on the outside, looking in. And people who are inside have a plan, you don’t know about.
These recommendations are from a person who knows what he is talking about:
https://www.youtube.com/watch?v=qzDbuCU80zo
As I mentioned, there are many ways how to generate income online and my personal favorite one is affiliate marketing.
It does not require recruiting and you don’t even deal with customers, nor suppliers.
You simply create a website, choose a niche, and promote other people’s and/or companies’ products.
(Actually, it is better to choose the niche first and then create a website, but this and many other tricks can be easily learned).
So, if you have concerns or questions, please use the comment section below. I will make sure to get back to you within 24 hours.
thank you for reading,
Mike
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Beginning of 2018 I have learned how to build a website that drives traffic and makes sales.
Since the summer of 2019, I am a full-time internet marketer and I work from anywhere I want, whenever I want.
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Hello there!, thanks for sharing this wonderful piece of information here, it is very very well explained. And I have heard a lot about cryptocurrency as many people are going into that, having a platform where the investment of cryptocurrency is possible is what i also look forward to. Thanks for Clicxads because I know what to do before investing in it, the fact that it does not have high chance of getting your money back makes it unqualified for me to use.
Absolutely.
Clicxads is an outright pyramid scheme. People will lose money as soon as the system collapses.
And it can happen tomorrow or in a few weeks.
It depends on how many people are going to fall for this scam.
Hopefully less and less…
Thanks for your comment
Mike
I have come across Clicxads before but very shortly.
Then I found this review to be very informative and helpful. I fully agree with you that if a company does not have any actual products or services that they are selling, but rely instead on recruiting new members, then it is a pyramid scheme, which is illegal. Thank you for the warning that Clicxads is yet another scam.
You are absolutely right.
Clicxads is just another scam that is better to avoid.
There are many other ways how to generate income online.
Thanks a lot for your comment
Mike
Thank you for this interesting article. I love the simple way you have explained the strategy of this proposed MLM. This article definitely added a good portion to my already existing conviction that this business model (if it can be called that) is flawed. Thank you very much; I hope that many will read it, especially watch the video that describes a multilevel operation. Thanks again!
Glad you like it.
Appreciate your comment and wishing you all the best
Stay safe
Mike