Dunamis Mining Review – Legit Crypto Mining MLM Or Ponzi Scam?
Welcome to my Dunamis Mining Review!
This is the latest network marketing company in the crypto space to pop up and I decided to take a look to see what it was all about.
Chances are someone approached you about the investment opportunity and how you can make a daily ROI for very long periods of time.
And now you landed here to makes sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.
Remember to PAY close attention and read this to the end…
Dunamis Mining Review – The Company
Once upon a time there was a man named Jeremie Sowerby who always wanted his own crypto currency company.
That dream came true October 26th, 2018 when he registered the domain “dunamismining.com”.
Okay, that story was fictional, but the domain part was right.
Jeremie Sowerby is the CEO of the company, but this information can not be found on the actual website.
I found it through a marketing video.
He is based out of Ontario, Canada.
Even though Dunamis Mining is apparently an Arizona LLC.
However, the Dunamis Mining LLC isn’t active which is strange…
In the past, Jeremie Sowerby promoted My Trader Coin.
He was also an affiliate for Kyani which is actually a legit network marketing company.
Anyway, that’s all I got on the company, let’s check out the products next…
Dunamis Mining Reviews – The Products
For some reason, this company doesn’t have any retail products or services for sale.
This just means you can’t be a customer and buy their stuff.
You must become an affiliate…
Once you are an affiliate, you can promote the affiliate membership.
Dunamis Mining Compensation Plan
Dunamis Mining members invest money into the company on a promise daily ROI:
- Invest $1400 and receive a daily ROI for one year
- Invest $3200 and receive a daily ROI for three years
- Invest $4200 and receive a daily ROI for five years
Electricity fees are charged after one, three and six months…
You can sponsor people who invest in the company and earn commissions in bitcoin.
Dunamis Mining Ranks
This company has 12 ranks in total and below is the complete breakdown on the qualifications needed:
- Affiliate – Get Started as a Dunamis Mining affiliate and invest
- Prospector – Produce 10,000 GV in downline investment volume
- Bronze – Produce 25,000 GV in downline investment volume
- Silver – Produce 50,000 GV in downline investment volume
- Gold – Produce 100,000 GV in downline investment volume
- Platinum – Produce 200,000 GV in downline investment volume
- Titanium – Produce 300,000 GV in downline investment volume
- Executive – Produce 500,000 GV in downline investment volume
- Director – Produce 1,000,000 GV in downline investment volume
- Vice President – Produce 2,500,000 GV in downline investment volume
- Senior Vice President – Produce 5,000,000 GV in downline investment volume
- Chairman – Produce 10,000,000 GV in downline investment volume
GV = Group Volume where PV = Personal Volume.
You can earn commissions for sponsoring new members into the company who invest in one of the packages.
Dunamis Mining pays you through a unilevel compensation plan and caps them at four levels deep:
- Level 1 (personally sponsored affiliates) – 15%
- Level 2 to 4 – 1%
All residual commissions are paid through a binary compensation plan.
This just means you have a left and right leg which can be filled up directly or indirectly by you and your team members.
Basically, Dunamis Mining ads up all the investment volume on each leg and pays you a percentage on the weaker one.
I couldn’t find any information on if this is daily, weekly or monthly.
Below is what you can make:
- Invest $1400 and get paid a 10% residual commission rate
- Invest $3200 and get paid a 12% residual commission rate
- Invest $4200 and get paid a 15% residual commission rate
Matching Bonus is available for people who personally sponsor people.
You can earn 5% on their total earnings.
Enrollment Bonus Pools
Dunamis Mining drops 6% of their company wide investment volume and puts it in three different pools:
- Gold and higher ranked affiliates receive a share in one 2% pool
- Executive and higher ranked affiliates receive a share in two 2% pools
- VP and higher ranked affiliates receive a share in all three 2% pools
Rank Achievement Bonuses
You can earn a rank achievement bonus once you are Prospector or higher:
- Qualify as a Prospector = $500
- Qualify as a Bronze = $750
- Qualify as a Silver = $1250
- Qualify as a Gold = a “semi-annual all expenses paid dream trip in the continental US”
- Qualify as a Platinum = $5000
- Qualify as a Titanium = $5000 (not a typo)
- Qualify as an Executive = a “one time all expenses paid island destination luxury vacation”
- Qualify as a Director = a “new Tesla Model 3 luxury vehicle”
- Qualify as a Vice President = a “new Tesla Model S luxury vehicle”
- Qualify as a Senior Vice President = a “new Lincoln Navigator (black label edition)”
- Qualify as a Chairman = a “new Bentley Continental GT (W12 engine)”
Cost To Join Dunamis Mining
Dunamis Mining will run you $1400, $3200 and $4200 as an investment.
Only difference between the packages is the income potential.
Dunamis Mining Video Summary
So does the Dunamis Mining Scam exist?
Well let’s look at the facts…
Apparently after doing even more research because their website is very vague they are a licensed hosting company for mining equipment and offer leases within their facility for customer owned machines.
Now that’s great, however, what worries me is the passive ROI part.
You see, once you start doing that…
You are in the SEC territory and both USA and Canada requires businesses to register if they are giving out passive ROI’s.
And according to Dunamis Mining they are…
As of right now, there is no registrations.
Also, Dunamis Global Technologies domain redirects to Dunamis Mining.
So if they want to be legit…
Register with the SEC or get ride of the investment opportunity period.
Selling hosting etc is fine, but can’t have that passive ROI thing going…
Anyway, as of right now I would wait to see where they are in six months from now.
I hope you enjoyed my Dunamis Mining review and if you have any questions feel free to ask in the comments below…
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