Frode Jorgensen has appointed a brand new Daxio CEO.
As Daxio’s new CEO, Robert Malkvist’s first order of enterprise was to offer Daxio victims the finger.
Talking on a Might twenty eighth Daxio webinar, Malkvist instantly addressed Daxio victims;
[3:22] I don’t owe you guys something, Okay? You didn’t come and make investments with me, you guys invested in one thing earlier than me.
So anybody spitting negativity, or has something detrimental to say, take your cash and get the fuck out.
From Malkvist’s personal phrases, it seems Jorgensen has handed him full management of Daxio.
[5:28] I’m dealing with the cash now. I’m accountable right here for the cash. The cash’s going to go the place I would like it to go. Now I’m accountable.
You guys who invested earlier than me and need to maintain me accountable for it? No. Take your fucking cash and get the fuck out.
Daxio began again in 2021 because the fourth reboot of the collapsed International Recreation Area Ponzi scheme.
In 2021 a sports activities betting bot was added. In 2022, Daxio pivoted to an NFT and metaverse grift.
Following the information Daxio was beneath regulatory investigation in Norway, Daxio withdrawal delays started in September 2022.
BehindMLM known as Daxio’s collapse in January 2023. In February 2023 Jorgensen claimed hitmen had been after him and that he’d fled Thailand.
Complete Daxio investor numbers and the way a lot they’ve misplaced stays unknown.
As of April 2023, SimilarWeb tracked the vast majority of Daxio’s major web site site visitors originating out of Sweden (42%), Hungary (20%) and Malta (16%).
So who’s Robert Malkavist and what’s he doing working Daxio?
[5:58] You guys can look me up on the web. What do you see? Nothing. That’s how I would like it.
My impression is Malkavist is he’s an unstable particular person having one thing of a midlife disaster.
Malkavist, initially from Sweden, cites himself as an American citizen. He had a sporting background at a younger age however after that didn’t work out, bought into building and “turned an asshole”.
After having a coronary heart assault just a few years in the past, Malkavist moved to Phuket, Thailand.
On the refund aspect of issues (which is just about all anybody in Daxio cares about), Malkivist claims that Frode will fund refunds with the cash he paid him.
[6:01] Take heed to this very fastidiously; I don’t owe you something.
I’m right here, and I made a take care of Frode and the remainder of the workforce to buy majority inventory of this firm. For “X” quantity of {dollars}.
This “X” quantity of {dollars} is sufficient to pay each one among you again. If it was me, I wouldn’t pay you guys shit again.
Trying ahead, Malkavists’ plans for Daxio embody shopping for a resort.
[44:00] So we, Daxio, we’re gonna purchase this resort. Okay?
And each funding that you just make any further can be micro-pieces of proudly owning a resort. The extra you purchase the extra resort you personal.
Regardless of representations of wealth…
…Malkavist claims he’s having bother getting a mortgage to purchase the resort as a result of “the financial institution gained’t give me shit”.
From a logical standpoint, it’s unclear why a resort turning a revenue would want Daxio or its hooked up NFT and metaverse grifts. Looks as if one thing you could possibly simply as simply do with no five-times collapsed Ponzi scheme.
Different Daxio updates from Jorgensen embody a brand new web site.
Daxio’s failed SDAX staking remains to be a factor, though an “unstaking” choice can be added sooner or later.
Jorgensen additionally claims the brand new Daxio is “now not a community advertising and marketing firm”.
Daxio’s new enterprise mannequin sees it take 40% of invested funds and put it right into a Star Distribution Reward.
The Star Distribution Reward pays out based mostly on amassed stars.
Daxio associates accumulate stars instantly and not directly through recruitment:
As you’ll be able to see above, stars are distributed down 5 ranges of recruitment. So uh yeah, Daxio remains to be very a lot an MLM firm.
In line with Mlkvist, Daxio will begin refunding victims in mid June.
Traders who refuse a refund and decide to proceed shedding cash, should pay a brand new Daxio license payment.
If Jorgensen does really pay out Daxio victims subsequent month, I can’t see a lot taking place past that.
Failing which, we’ll hold you posted on the inevitable excuses as they’re rolled out.
