What Is Recyclix?
If you have been looking for ways how you can make money online, then I’m sure by now you have come across plenty of opportunities on the internet. But with so many options, how do you which ones are legit and which ones are the scams to avoid?
Well, that’s why I’m here. To tackle and review these money-making opportunities one article at a time. With that being said, let’s take a look at what Recyclix is all about for today.
If you haven’t heard of Recyclix before, let me tell you right off the bat that it’s probably one of the more unique ways of earning money online I’ve come across in a while. And I have seen plenty of these already.
To put it simply, Recyclix claims that you can significant amounts of profit just by recycling waste. Sounds odd, right? Actually, I thought the concept was pretty cool. That’s why I’m wanting to write about it now. If you can earn money and save the planet at the same time, well wouldn’t that be great for everyone?
However, we have much to learn about this company. Is this a genuine opportunity to earn money and help the environment or is it another investment scam? Let’s find out.
The fact that you’ve taken a moment to scrutinize this product before signing up should be applauded. You’ve done yourself a huge favor. Your due diligence will save you from potentially wasting your time and money.
A good bit of research always goes a long way in the fight against online scams. Creating a sustainable full-time online business is not difficult. You just need to know where to look.
Before we proceed I’d like to let you know that I’m not linked to Recyclix in any sort of way and I’m not trying to sell you this product.
Instead, I’d like to show you why this program should be avoided…
Recyclix Product Review
- Name of Product: Recyclix
- Owner: Dmitri Paladi
- Type of Product:
- Cost of Product: €20 for your initial investment
- Who Is This Product Best For? No one!
Recyclix Product Summary
Recyclix is an investment company that claims to earn a ton of profits from recycling plastic waste. Although it seems like it’s for a great cause and plastic is a valuable commodity that can be recycled for a profit, it’s quite suspicious if a small recycling firm that isn’t well-known can actually sustain a global network of recyclers who are just in it for the quick cash.
Furthermore, the fact that Recyclix isn’t mentioned or listed anywhere as a company that recycles or provides recycled plastics seems to be very odd as well.
Product Rating: 0/100
Would I Recommend This Program: DEFINITELY NOT!
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Recyclix Background
According to their site, Recyclix is a pioneering company whose key objective is to smartly fuse together the opportunities of the Internet and business in order to help the recycling industry develop as efficiently as possible. However, it seems like this is all just a ruse and a bunch of BS.
To cut to the chase, no recycling of any plastic waste is actually happening here and you’re not really going to earn any profits from this supposed recycling scheme.
In fact, Recyclix is another variation on the apparently ever-popular money matrix. In recent years, these systems have appeared all over the world, and they are particularly popular in some Facebook communities.
Recyclix was registered in Warsaw, Poland, in 2014 by a man called Dmitri Paladi, according to my research. This guy’s ploy to make it appear like the matrix does something other than a conventional Ponzi scheme is that he uses a trash recycling principle, in which members pay to recycle virtual garbage via the matrix and profit in the process.
It seems ridiculous, but it’s actually rather clever. At the very least, it’s a unique perspective on the money matrix compared to anything else I’ve seen.
A money matrix, as well as all of the other revenue-sharing systems you have might already heard about, are all based on the criminal Ponzi scheme structure. This kind of system must claim to supply either a service or a product in order to seem even vaguely “legitimate.”
The service in this scenario is virtual waste recycling. It’s similar to previous income sharing frauds in which the legitimizer is the purchase of ad packs, only this time they’re using waste rather than ads.
Of course, it’s all rubbish. As I have previously stated, there isn’t any waste recycling at all. It’s just another money-making matrix that is similar to all the other schemes. Even though it’s all a scam, I have to applaud them for genuinely going into great detail on the waste recycling process and its potential.
It seems like Dmitri Paladi has invested a significant amount of time and work into his money matrix method.
In case you’re unaware, Ponzi schemes need to continue pouring money into their system through new recruits in order to keep functioning and not collapse under the weight of “investor” rewards.
For all cycles of the money matrix to achieve this, a specific timeframe is required. Recyclix relies on a “5-week recycling phase” for three cycles before the matrix cycles to the next level for a specific member.
It can be a little perplexing, as most matrix systems are, but there’s no point being concerned about how it all works because the whole plan is a scam in the first place.
To make their company look more convincing, Recyclix also has an official video posted on Youtube which you can watch below.
Who Is Dmitri Paladi?
There’s not much information regarding Dmitri Paladi aside from he is introduced as the Founder and CEO of Recyclix. Furthermore, I have also found a list of the company’s alleged executives:
- Dmitri Paladi, Founder and CEO
- Mark Kowal, COO and deputy director
- Dmitry Makenyak, CDO
- Kirill Babin, sales office specialist
- Adam Skrzynecki, operations and CTO
- Valentina Dulko, office manager
- Renat Osmanov, logistics manager
- Klaus Heusslein, manager of the German customer department
Despite being listed as the company’s leaders, they don’t appear to be eager to be connected to Recyclix in any form. The persons with the same names I found on LinkedIn appeared to be working for a completely different firm than Recyclix. None of the Recyclix execs bother to include the firm in their LinkedIn profiles. One can even wonder what actual part they play in the recycling industry.
Recyclix Product Line
Affiliates may only promote Recyclix affiliate membership because the company has no actual products or services to offer.
How Does Recyclix Work?
Members are convinced that they are purchasing waste and thereby participating in the recycling process. However, I believe it is quite unlikely that any of the funds will actually be used to purchase waste for recycling.
As previously said, the concept is to purchase waste and profit from its recycling into granules. New users are enticed with a signup bonus of 20 euros, which is delivered to you right away. Of course, this is simply a virtual present, with the sole option being to invest it in waste, specifically 100 kilos of it.
Once you’ve signed up, you’ll get a 60-day trial account that will expire unless you fund it with a bank transfer, credit card, or via Bitcoin. Your user account will only be activated when you have made an investment of at least 100 euros.
The recycling process takes five weeks in total. A member has the option to cash out at the end of the time. However, according to Recyclix’s basic tutorial, you would only obtain 81 euros from your initial investment of 100 euros after completing the entire procedure.
It’s realistic to assume that the majority of Recyclix members won’t pay out if their investment yields a negative outcome, so they’ll keep investing for at least another five weeks, if not longer, to maximize their gains.
To begin, the tutorial recommends purchasing at least 5,000 kg of waste. To be able to purchase further “equipment shares,” a minimum investment of 1,000 euros is necessary. Purchasing such equipment shares should considerably increase the profit rate.
There’s also the possibility of enlisting the help of others to increase one’s earnings. According to the tutorial, each new user who opens an account earns a 12 percent referral commission.
Getting Started with Recyclix
It’s free to join, but you’ll have to pay an initial investment of €20 to get started with the waste recycling program. They go into such great depth on the different types of recycling you may invest in that it nearly seems like a genuine business. But don’t be fooled!
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Recyclix Compensation Plan
Affiliates invest in a variety of “plans” as part of the Recyclix incentive scheme.
The amount of money people may put into each plan is limited, and each plan costs more to invest in than the last:
- Forklift – shares are €1 EUR each, with a limit of 200 shares.
- Sorting – each share costs €10 EUR, with a limit of 250 shares.
- Shredder – each share costs €25 EUR, with a limit of 250 shares.
- Washer – shares cost €50 EUR each, with a limit of 250 shares.
- Granulator – shares cost €100 EUR each, with a limit of 500 shares.
Affiliates’ revenue shares begin at 25% (although the exact percentage is unclear), with affiliates able to enhance this to 50% with extra investment.
ROIs are paid in “cycles,” with cycle pools ranging from €222.32 to €13,10232 EUR according to the Recyclix website.
Referral commissions are also available, and are paid out in four levels (unilevel):
- level 1 (affiliates directly recruited) – 10%
- level 2 – 3%
- level 3 – 2%
- level 4 – 1%
Recyclix Ugly Truths Exposed!
#1 Shady Business Model
Recyclix goes to great lengths to make their company appear credible. However, their business strategy instantly raises a slew of issues. Recyclix, according to their website, is in the recycling industry. Furthermore, they require additional funding in order to maintain their business’s growth.
Investors will receive a monthly return of between 8% and 14% in exchange for their investment. This sum will be paid out throughout the duration of the account, which is the first significant red flag that this firm is a scam.
Along with credit cards and bank transfers, Bitcoin is also one of the allowed payment methods. Furthermore, any user account can be closed down without warning, according to their FAQs, which is another red flag.
Despite the company’s extensive FAQ section, which answers a variety of concerns, it is clear that Recyclix has nothing to do with waste management. To emphasize this point, the page says how Recyclix obtains investment from a variety of European investors.
These kinds of businesses would never allow the regular citizen to participate in this scheme, much less benefitting from it.
The time it will take for users to start earning money is also mentioned in this FAQ. All “purchased disposal” is handled according to each project member’s specific quotation. To be more specific, the average Recyclix user will have to wait at least five weeks for any money to return to their account.
Although the script is effective in concealing the underlying spillover matrix program, it is still a Ponzi Scheme.
Recyclix, like every other Ponzi Scheme, has an affiliate program. When users refer new members who invest, they will get a commission. Furthermore, there is no rationale for a reputable business in this field to take contributions from ordinary people in the first place.
#2 There’s Very Little Information About The People Behind This Company
Aside from their shady business model, we don’t know a lot of information regarding the people behind Recyclix. If their company is well-trusted and reliable, then it shouldn’t be hard to put out information regarding the people who are running this company.
#3 There Are No Proof Of Their Recycling Factories
Their marketing materials, biased affiliates, and unsubstantiated YouTube videos do not reflect the company’s validity. Moreover, Recyclix’s headquarters is also a virtual office. Although this is not unheard of, a company like them that claims to make sizeable profits can at least afford some decent offices. In reality, the only evidence I’ve discovered anywhere indicates that everything this firm claims is false.
Advantages of Recyclix
None. I don’t see how you can benefit from a Ponzi scheme. It’s not a sustainable way to earn money and once the system isn’t getting any more recruits, the whole scheme will collapse and so does your source of profit.
Is Recyclix a Scam or a Legit Program?
Recyclix is a Ponzi scam that masquerades as a high yield investment program (HYIP). Despite the efforts of those who devised the fraud to make that portion of the scam appear authentic, there is no actual recycling going on.
It’s possible that you’ll earn a profit, but the owners will do everything necessary to keep your money in the system. They don’t want to have to compensate everyone. If they do, the whole scheme will come crashing down.
If you want to find a better way to earn money online, then I have a much better recommendation for you that is safe and 100% legit.
How Do I Use The Internet to Make a Full-Time Salary?
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