DeFinity FI Academy Review: Everyone is looking for the next best thing to make them successful. Especially in the financial industry, where new products and services are popping up daily. But what about DeFinity FI Academy? Is it worth your time and investment?
In this review, we’ll break down each of the components of DeFinity FI Academy to see if it’s worth your time or just another BNB Ponzi Scheme.
DeFinity FI Academy Review
DeFinity FI Academy is a trading education system that claims to teach you how to trade stocks. It claims to offer over 5 hours of training videos, plus a student coaching program and live trading sessions.
However, DeFinity FI Academy’s website has no information regarding who owns or controls the company. Currently, their website shows mostly a referral form.
In the first place, on October 6th, 2021, DeFinity FI Academy’s website domain (“definityfi.io”) was privately registered.
Further research shows Toan Nguyen and Wayne Marcel “Blockchain Wayne” as hosts of official DeFinity FI Academy marketing clips.
Nguyen describes himself as the “principal consultant” for DeFinity FI Academy. Marcel is the firm’s “chief instructor.”
Toan and his companion Van appear to have started in MLM over a decade ago through Legal Shield.
Then came Nerium (2015), World Global Network (2017), ByDzyne (2019), and BioReigns (2020). (Also 2019). BioReigns promotion appears to have ceased about October 2020.
While Nguyen’s crypto bro adventure looks to have begun in the middle of 2018.
As always, if an MLM firm isn’t transparent about who runs or controls it, consider twice before joining and/or turning over any money.
Products available from DeFinity FI Academy
In their presentation videos, DeFinity FI Academy promotes a learning and training platform.
Whereas, on the DeFinity FI Academy website, there are no details about their services on the platform.
The site is accessed via “Reward Tokens,” which are included with the purchase of BNB matrix positions.
However, according to the DeFinity FI Academy marketing video, their platform is to create a community of professionals who will give you simple education programs for earning money opportunities.
Compensation Plan of DeFinity FI Academy
BNB matrix spots are bought by DeFinity FI Academy affiliates.
There are twelve stages in the matrix for these positions:
- $30 in BNB
- $50 in BNB
- $120 in BNB
- $200 in BNB
- $300 in BNB
- $400 in BNB
- $700 in BNB
- $1000 in BNB
- $1200 in BNB
- $1500 in BNB
- $2000 in BNB
- $2500 in BNB
Moreover, you can buy Tiers separately or as a package for $10,000 in BNB.
Affiliate Ranks of DeFinity FI Academy
The DeFinity FI Academy pay plan has eleven affiliate ranks.
They are as follows, along with their respective qualification criteria:
After you become a DeFinity FI Academy affiliate and invest in the BNB matrix tier.
- Bronze – create $5000 in BNB buy-in volume across your uni-level team’s levels 1 and 2.
- Silver – create $50,000 in BNB buy-in volume across your uni-level team’s levels 1 and 2.
- Gold – create $250,000 in BNB buy-in volume across your uni-level team’s levels 1 and 2.
- Platinum – create $500,000 in BNB buy-in volume across your uni-level team’s levels 1 and 2.
- Ruby, produce $800,000 in BNB buy-in volume across your uni-level team’s levels 1 and 2.
- Emerald – create $1,000,000 in BNB buy-in volume across your uni-level team’s levels 1 and 2.
- Diamond – create $2,000,000 in BNB buy-in volume across your uni-level team’s levels 1 and 2.
- Double Diamond – create $3,000,000 in BNB buy-in volume across your uni-level team’s levels 1 and 2.
- Triple Diamond – create $4,000,000 in BNB buy-in volume across your uni-level team’s levels 1 and 2.
- Crown Diamond – create $5,000,000 in BNB buy-in volume across your uni-level team’s levels 1 and 2.
The required buy-in volume grows over time.
Notably, a uni-level team’s levels 1 and 2 relate to affiliates who have been individually recruited (level 1) and those who have been recruited through them (level 2).
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DeFinity FI Academy affiliate membership cost
To join the DeFinity FI Academy affiliate membership seems to be at an unspecified gas fee.
Note: Transaction fees for cryptocurrencies are known as gas fees.
You need a $30 to $2500 BNB buy-in to join DeFinity FI Academy’s MLM opportunity.
The DeFinity FI Academy MLM opportunity requires $10,000 in BNB to fully participate in.
Affiliates of the DeFinity FI Academy can also purchase tiers by foregoing four personal referral commissions on each tier.
Recruitment Commissions and Reward Tokens
Affiliates that urge others to invest in DeFinity FI Academy get Reward Tokens.
Furthermore, to access the DeFinity FI Academy’s education platform, you will need Reward Tokens.
DeFinity FI Academy affiliates get recurring commissions on BNB buy-ins from individually recruited affiliates in addition to Reward Tokens.
- 10% of the BNB you put in your first three recruits is repaid to you.
- From the fourth recruit forward, 15% is paid on BNB invested.
Returns from Passive Investments
DeFinity FI Academy pays out dividends in the form of shares.
The stock links to the “DeFinity Fi Profit Program,” which DeFinity FI Academy claims produces money through “trading.”
However, there are no specifics to it.
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The education platform of DeFinity FI Academy appears to have been put together by Wayne Marcel and other persons you’ve never heard of.
DeFinity FI Academy advertises retail access, however, a quick look at the company’s website reveals that this is a farce.
It’s pseudo-compliance to the extent that retail is available in DeFinity FI Academy.
This is because Nguyen is no stranger to multilevel marketing. He understands the terms “pyramid scheme” and “Ponzi scheme.”
Trading, according to DeFinity FI Academy, generates external ROI revenue.
There is no proof that trading earnings are going to be to pay returns.
DeFinity FI Academy’s passive returns, on the other hand, are a securities offering. The SEC has not registered DeFinity FI Academy, Toan Nguyen, or Wayne Marcel.
This suggests that DeFinity FI Academy is committing securities fraud at the very least.
Finally, it’s no news that Ponzi schemes are means to lose money for most participants when they collapse.