Omnia Coin is a mining company that offers lifetime mining contracts and daily payouts. You join the company, then receive a share of mining profits. Omnia Coin Plan has “partnered” with Genesis Mining (although basically, it seems Omnia Plan just uses your money to purchase Genesis Mining contracts; there’s no evidence that Genesis Mining knows Omnia Tech exists).
You can find the Malta-registered corporation online today at OmniaTech.eu. The company appears to be run out of Austria. They don’t appear to maintain any mining infrastructure on their own.
At first glance, Omnia Plan may seem like an ordinary cloud mining company. However, if you’ve looked at other cloud mining companies, then you know the industry is filled with scams and MLM-style opportunities.
When you dig a little deeper into Omnia Coin, you’ll find that it does indeed have a multilevel marketing structure where you earn money by referring new people to the platform. Of course, just because Omnia Coin Plan has a multi-level referral system doesn’t necessarily mean it’s a scam. We’ll take a closer look at how the company works below.
Omnia Coin Plan?
Omnia coin plan in a similar way to every other mining company. You sign up for the company, pay a fee, and then start earning mining profits.
Step 1) Register and pay
Step 2) Choose from a number of different plans, including lifetime mining contracts that are available for all plans
Step 3) Receive daily payouts directly to your personal wallet
Three payment methods are available, including VISA, MasterCard, and bitcoin.
Omnia Coin claims to have partnered with Genesis Mining, one of the cryptocurrency industry’s leading hashpower providers. The company offers small and large plans – you can sign up for as little as $100, or jump into the “Elite Miner” plan for $25,000.
The mining system is designed to be easy to use. Omnia coin caters towards beginners – so even if you know nothing about cryptocurrency or mining, you can earn mining profits with Omnia coin. After you sign up for a plan, you automatically start to receive mining profits. It’s that easy.
Every 500 days, Omnia Tech will reinvest 50% of your hash power. That’s the reason why Omnia Tech can offer lifetime contracts: when your contract becomes unprofitable, Omnia coin will automatically assign your hash power to other profitable altcoins.
Aside from the mining subscription plans, Omnia plan doesn’t offer any products or services. It’s exclusively a company built around memberships and mining contracts.
Who’s Behind Omnia Plan?
Omnia Plan website mentions just one member of the company, a man named Thomas Hintermaier. He’s listed as the Chief Technology Officer of Omnia plan.
The website describes Thomas a “a notable and experienced expert in technology”. He’s spent most of his career in quality management and production planning.
According to research of MLMAMAN.com, Thomas may not actually own the company. The Omnia Tech website lists Thomas as the sole executive, although his social media profiles do not list him as the owner. The owner of Omnia Coin plan is never disclosed.
The only other “clue” is that the Omnia-Tech.eu domain was registered on July 31, 2017. The domain lists Christian Michel Scheibener as the owner using the same corporate address in Malta we see on the official website.
Scheibener describes himself as a “leading MLM headhunter”. He was heavily promoting Wor(l)d International over the past few months.
Although Omnia Tech is registered in Malta, it appears to operate out of Austria.
In any case, there’s limited transparent information about Omnia Plan or its management team available online.
Omnia Tech’s perpetual ROIs are purportedly sourced from Genesis Mining. Genesis Mining are a well-known third-party merchant of cloud-based cryptocurrency mining. Comparison of Genesis Mining’s own offered services and that of Omnia Tech raises the first red flag. For the sake of simplicity we’ll compare Omnia Tech’s and Genesis Mining’s bitcoin mining package offerings.
Omnia Coin Joining Packages
Omnia Tech offers a number of different membership fees, including all of the following:
- Starter: $100
- Kickstarter: $500
- Light Miner: $1000
- Mid Miner: $3000
- Strong Miner: $8500
- Master Miner: $15,000
- Elite Miner: $25,000
When you buy into the mining plan, you purportedly earn ROI every day. The ROI differs according to the type of currency being mined.
It appears that Omnia Tech doesn’t actually mine anything on its own: the company uses your money to purchase mining contracts with Genesis Mining, then shares profits with you.
Omnia Tech lets you choose to mine Bitcoin, Ethereum, Ethereum Classic, ZCash, and Litecoin.
The Omnia Tech Opportunity
As mentioned above, Omnia Plan has a type of multilevel marketing structure where affiliates earn 10% of the funds invested by affiliates they personally sponsor.
Residual commissions are paid out through a binary compensation structure. The affiliate is at the top of the binary team, and the team splits into a left and right side.
Omnia Tech claims you can use their structure to generate 40 cycles per day. Each cycle is worth $1,000, so that means you can potentially earn $4,000 per day.
Affiliates also earn a matching bonus on residual commissions earned by downline affiliates. You earn commissions up to 4 levels of referrals.
Like other MLM schemes, Omnia Coin also has monthly turnover bonuses and rank achievement bonuses that sound attractive – but are virtually impossible to achieve.
Omnia Tech Conclusion
Omnia Plan is a weird opportunity. You give the company a bunch of money. Then, they claim to buy Genesis Mining contracts on your behalf. You earn guaranteed daily ROIs from mining activity, and you continue to hold that mining contract for life. Omnia Tech also has a multilevel marketing-style commission structure where you can earn up to $4,000 per day.
However, there are some problems with Omnia Coin Plan. Genesis Mining offers contracts that are significantly cheaper than Omnia Plan. No, they’re not lifetime contracts: they’re one or two year contracts. That may seem like Omnia plan is a better deal. However, there’s no evidence that Omnia plan will exist in one or two years from now – so you shouldn’t give the company $25,000 for a lifetime contract today, or even $100 for a lifetime contract.
In any case, Omnia plan appears to be attracting users who are new to the cryptocurrency world but interested in making a profit. There’s limited evidence that it pays out, and there are no reviews available online at this time. You can learn more about the company online today at Omnia-Tech.eu.
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