Finiko

General Information

Finiko is a Russian crypto MLM opportunity that was launched on January 11, 2018. The web domain of the company was registered privately on February 3, 2020, and was later updated on 2020–03–31. As always, if a company is not transparent about their incorporation and its corporate structure, then you must think twice before handing over your hard-earned money to them.

Products & Services

Finiko does not have any retail option to speak of. As of now, the website is accessible to the U.S citizens, and this is a matter of concern because an MLM must have a retail option if they are offering their services to clients from the U.S.

Residual Commissions

Finiko pays residual commissions via a unilevel compensation structure, capped at ten unilevel teams.

• 1 Stars earn 3% on level 1 (direct recruits)

• 2 Stars earn 3% on levels 1- 2

• 3 Stars earn 3% on levels 1–3

• 4 Stars earn 3% on levels 1–4

• 5 Stars earn 3% on levels 1–5

• 6 Stars earn 3% on levels 1–6

• 7 Stars earn 3% on levels 1–7

• 8 Stars earn 3% on levels 1–8

• 9 Stars earn 3% on levels 1–9

• 10 Stars earn 3% on levels 1–9 and 3.5% on level 10

Risk warning

According to Alexa, the company started with finiko.ru domain, targeting only Russian investors. Around Feb-March, they started targeting international users since they filly exhausted the Russian market. The company claims of generating revenue through ‘’actively and efficiently trading in different markets, i.e. indexes [sic], stocks, cryptocurrency and forex‘’, but fails to provide any substantial proof to back its claim. Finiko also fails the Ponzi logic test because if the owners can make 10% ROI a day, then why are they asking you for your money？ Why arent they compounding it for themselves？ The answer is NO SUCH THING EXISTS THAT COULD MAKE THEM 10% DAILY. They want to get rich off your money. For us, the only verifiable source of revenue entering Finiko is the new investment, and the admins are using new money to reward existing affiliates. This makes it a Ponzi scheme.