First, I would like to thank you for taking the time to read my CMDX review. Here I’ll answer the question of whether CMDX is legitimate or a scam.
I will investigate the company and its compensation plan to see whether they meet the requirements needed by law. So, let’s examine it further to find out what we can.
MLMs like CMDX are a bit of a mixed bag. They CAN be a legitimate way to make money, but some have a reputation for literally ruining people’s lives – so it’s important to know what you’re getting, since each one is unique.
Like most of my readers, you were probably introduced to this one via a friend or some influencer you trust online.
And it makes sense why so many people recommend them:
Making money outside of a 9-5 can be… life-changing, to say the least.
So in this article, I want to help you explore two things:
- If MLMs are actually a worthwhile business to pursue
- If CMDX is a worthwhile MLM
Before that, I want to clear the air on something.
There are A LOT of people out there who bash all MLMs in any form. However, I’m not one of those people.
Instead, I want to genuinely educate you about them so you can make an informed decision on how to proceed.
If you’re unfamiliar with what MLMs actually do:
They’re businesses in which you pay money to a company for the ability to sell their products.
Sometimes the products are actually kind of decent (I still remember my mom throwing Pampered Chef parties when I was younger).
Other times the products are really poorly made and come with a high price tag.
Typically, the only way to really make money is to get people (mostly friends & family) to sign up with you for a recurring subscription.
If the product is 100% legitimate & valuable, it’s entirely possible to get people to sign-up and continue paying you.
If the product is subpar, you’ll usually burn those bridges kinda quickly and end up with $0 coming in each month.
The biggest issue I’ve seen is that this puts significant stress on your personal relationships, as you’re reliant on selling to your “network.”
Think about it: if you KNEW that every time your friend Sally called, she’d be trying to sell you on one of her products… you’d eventually stop answering Sally’s calls.
Now, this doesn’t mean MLMs are outright bad… it means you need to know what type of MLM you’re getting yourself into before you sign up.
Again, some MLMs provide real value to people, but MOST don’t – so in this article, I’m going to explore the case with CMDX.
But before that, I want to ask you a question: what if there was a way to build actual recurring, semi-passive income?
- Doesn’t have inventory
- Doesn’t make you sell to your friends & family
- Doesn’t force you to recruit people onto your “team”
Something that you could make anywhere from $2,000 – $10,000 consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it?
If that sounds interesting, you might want to think about becoming a Digital Landlord.
If you wanna see what CMDX looks like on the inside, keep reading.
What Is CMDX?
CMDX Smart Currency by Tom McMurrain is a multi-level marketing company where participants may make money by enrolling new members into the scheme on their behalf. Almost everything about CoinMD and CMDX is similar, except that CMDX issues the CMDX token and not the CoinMD coin.
If you try to cash any of these tokens or “coins” outside the program, they will be useless. CMDX is the native cryptocurrency of the Comdex ecosystem. The digital asset serves as both a utility and a governance token.
The platform enables CMDX holders to control and operate important settings and make network modifications. CMDX also collects transaction fees and pays out CMDX tokens to liquidity providers. The platform was created with interoperability as a guiding principle.
Comdex claims that interoperability, or the ability to exchange data with other blockchain networks, enables them to aggregate liquidity from various DeFi ecosystems. Furthermore, the platform intends to channel the collected liquidity into the traditional financial space.
How Does The CMDX Compensation Plan Work?
Getting Started And Qualifying For Commissions
The initial investment is $29.95 per year for membership. This will make it possible to buy the company’s CMDX tokens. When you bring in new members, you may earn commissions via their Return on Investment (ROI) system.
The commissions you can earn are paid in both CMDX tokens and USD. 70% of your commissions are paid in USD, with the rest in tokens. The quantity of your investment will be determined by the investment level you have chosen. Users can trade in tokenized synthetic assets that give exposure to real-world assets all around the world.
Referral Bonus Commissions
If you join as an affiliate and pay the fee, you’ll get 30% of the money your referrals put in. After the first 1,500 investors have cashed in, you’ll get paid based on your investment amount.
Residual Commissions (Binary)
The residual commissions you receive from CMDX are based on the MLM binary compensation plan structure. A binary has two legs, left and right, and each leg’s volume is the individual’s responsibility. Each limb may also have an endless number of levels added to it.
Direct and indirect recruitment might be used to sponsor either leg. Your weaker leg will always pay you commissions. To qualify for the binary commissions, you must have one personally recruited member on your right leg and one on your left leg.
The binary compensation plan pays out commissions on a weekly basis. These commissions are paid on a 1:1 point system. You will receive $10 off the entire investment volume from your weaker leg each week, which is, of course, restricted by your investment level.
Matching Bonus Commissions (Unilevel)
CMDX uses a standard MLM unilevel compensation model to dole out its matching bonus. Binary commissions are used to pay out the matching premium, which is based on the general contributions made by your team members.
How Much Does Comdex Cost?
The current price on Comdex is $0.193290, and the amount of trade in the last 24 hours is $77,092.00. In only 24 hours, CMDX has risen 19.4%. There are 132,000,000 CMDX coins available, with 44,000,000 currently in circulation.
What Is The 24-Hour Trading Volume Of CMDX?
In the last day, £66,56k worth of transactions has taken place on Comdex. They offer real-time updates of the CMDX price in US dollars.
How Many CMDX Coins Are There In Circulation?
It’s estimated that exactly zero CMDX coins are currently in circulation.
What Is The Market Cap Of CMDX?
The current valuation of Comdex is £0.00. If an asset has a big market cap, it’s because investors see a lot of value in it.
Are There Alternatives To CMDX?
Yes, there are plenty of MLM companies to choose from if you want to pursue this business model. Here are just a few:
Is CMDX A Scam?
So, time for the $1,000,000 question: is CMDX a scam?
No, not technically. They aren’t going to run off with your money and not give you what you paid for. It’s 100% possible to make money with this program.
That being said, it’s not nearly as simple as they want you to think it is.
There’s A LOT of work to be done upfront, and no guarantee that you’ll be successful. The commissions are also fairly small.
Don’t get me wrong, I’m all for doing hard work now, so that I can reap the benefits later.
But if you’re going to work really hard for 3 months, and your reward is a $100 check… it’s not really a great opportunity.
If I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3 months (I personally did it in my first 2 weeks of being a Digital Landlord).
Unlike with MLMs, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation For Making Money Online In 2023?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
I’ve also been on the other side of old friends trying to sell me their fancy new MLM products.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
Ownership & Control: With MLMs, you don’t really “own” anything – everything belongs to the MLM.
If you read the contracts, they can kick you out or change your commission at any time (it’s happened in a few high-profile MLM cases recently).
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
Big Margins: With MLMs, you’re often going to have really slim margins. That means you need to have a VERY large network to make serious money. This usually entails spending A LOT of money on ads and other methods for recruiting members.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with an MLM, you would need to sell twice as much inventory. And I can guarantee you, that’s a lot harder than a few clicks & a phone call.
You’re Helping REAL People: My biggest gripe with MLMs is that you’re likely going to ruin your personal relationships.
The MLM may have convinced you that you’re actually helping people, but it’s often not really true.
But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other MLM programs like CMDX, which might make you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.