Is Omnia Tech just another cryptocurrency scam or a legit MLM program?
I’ve been taking a closer look and now I’m sharing my honest review & opinion.
Before I start…
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Omnia Tech Cryptocurrency MLM Review
I have found that research is the only way to find out more about MLM companies, more so given the fact that there are so many of them. In the last few days alone I have reviewed many such as my next aim and essante organics. You must dig a bit and then decide to join or not. In this review we will be talking about Omnia Tech and find out how good or bad it is.
Omnia Tech – The Company
This is a company that belongs to the Cryptocurrency MLM niche and has a Malta address as its corporate entity in their website. This address is reflected along with many other such companies and therefore I believe that Omnia Tech exists only by name in Malta. The sole executive and CTO – Chief Technology Officer is Thomas Hintermaier as found in the website. If one looks up the social media profiles of Hintermaier does not anywhere suggest that he is the owner of Omnia Tech. The website of this company was registered and Omnia-Tech.eu only on 31st of July, 2017. Here the owner is shows as Christian Michel Scheibener having the same Maltese corporate address. Scheibener calls himself as a big MLM headhunter and till last month I think he was promoting World International. Hintermaier is operating Omnia from Austria.
A Look At His Bio
I find that he has put in his capabilities for a decade in quality management and production planning for Oberderfer Siebtechnik and the Scapa Forming GmBH. He also has been active in the insurance industry which has helped him to know more about consultancy, acquisition and supporting customers. During the middle part of 200, Hintermaier used his skills for development of guidelines for internet based projects. As of now he acts as a second CEO of Marketing GmBH and Selbastvorsorge Dientlestungs.
A Look At the Products
Omnia Tech does not offer any retail products or services to its affiliates or customers. affiliates who sign up can market only their membership to others. The compensation plan is as follows and is similar to other cryptocurrency programs like iCoin Pro and iCoin Market.
$100 for Starter
$500 for kickstarter
$1000 for light miner
$3000 for mid miner
$8500 for strong miner
$1500 for master miner
$25000 for elite miner
I found that earnings for affiliates come in the form of cryptocurrency and type which the affiliates choose to mine. We have been told it is able to generate daily ROI through mining contracts with Genesis Mining. The affiliates are also offered daily ROI which is based on the cryptocurrencies that they choose to mine. The mining as of now is offered in ethereum, ethereum classics, bitcoin, and litecoin and Z cash.
Recruitment Commissions
10% of the funds invested by personally sponsored affiliates are offered as recruitments commissions. There is also residual commission and they are tracked and paid out using a binary compensation structure. An affiliate is put on the top and to his left and right a binary team is formed. First level of binary team has 2 positions. Level 2 is created by bringing in two position and this leads to 4 positions. Additional binary teams can also be created and it follows the same pattern as followed above. Direct and indirect sponsorship of affiliates is possible and there is no limit as to how deep it can go. The investments by Omnia Tech on side of the binary team are counted at the end of each day.
Affiliates can earn 10% of commission which matches $100 amounts of each of side of the binary team. When a pairing of $100 is made then it is referred to as a cycle. It is possible to generated 40 cycles a day and the earning could be 10% of $40000 or $4000. To make money as an affiliate you need to actually learn about affiliate marketing though so this is not newbie friendly, you can learn more about affiliate marketing with AWOL Academy.
Matching Bonus
It also is possible for affiliates to earn matching bonus on residual commission that are generated by affiliates’ downline. This is tracked and paid using a uni-level compensation structure. When an affiliate earns uni-level compensation he or she is placed on top of the uni-level team. When level one affiliate brings in new affiliates they are placed in 2nd level and this way the recruitment continues.
The residual income starts from level 1 and goes up to level 4 and the commission varies from 4% at level 1, 3% at level 2, 2% at level 3 and 1% on level four. Apart from the above it is also possible to earn monthly turnover extra bonus if affiliates motivate those sponsors and make them invested.
Rank Achievement Bonus
Apart from all the above there are also a number of rank achievement bonuses and they include bronze executive bonus, silver executive bonus, gold executive bonus, platinum bonus, sapphire, ruby, diamond, blue diamond, black diamond and crown diamond. The affiliates could earn anything from $100 to $25,000 additional if they reach the above levels.
Omnia Tech – Verdict & Recommendation
Omnia Tech is not a scam, however it’s important that you understand what you are getting involved in, and don’t jump in blindly. Many people believe that cryptocurrency is in a bubble right now and it’s easy to potentially lose a lot of money by jumping on the bandwagon without really understanding it. Whilst I do not believe it’s a scam I would not personally recommend it as a program for making money.
Before you leave…
If you’re tired of scams and want a real solution for making money check out my no.1 recommendation below. Using this exact system I’ve personally been able to generate an extra $120k in the last 6 months alone:
Go here to see my no.1 recommendation for making money online
(This is a 100% free training for making 5-figures per month)
Mark Charles is the founder of NoBSIMReviews and has been making a 6-figure income online for over 10 years.
After reviewing 1000’s of programs, he knows what works and what doesn’t: