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Location: Beryl, Utah, United States

I am a full-time Internet marketing specialist. I've written 2 successful e-books. My passion is helping other people, especially women, become successful in home business. Most recently, I've moved to Beryl, UT to join forces with a couple of other women. We're jointly creating a number of ways to earn income using the Internet and our off-line skills. Be sure to check out my various blogs, as these will provide direct information to our new business ventures.

 
 

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Tuesday, September 12, 2006

Confusion reigns... is DXSynergy a HYIP?

I've just been informed that this blog url was deleted from a manual traffic exchange. Now, I wouldn't be upset, except this is an exchange where I have been a member since very shortly after it's inception.

This blog url was deleted becuase of an alleged violation of the TOS... they claim DXSynergy is a HYIP.

Let's look at the facts, starting with definitions.

HYIP means High Yield Investment Program. It can also mean High Yield Income Program.

In looking at Wikipedia, here's what I've found... bit by bit with my comments listed directly below.

"HYIP stands for High Yield Investment Program. HYIPs are purported investment programs normally offered via the Internet. HYIPs typically accept investments of $100 or less while promising high returns. The introduction of e-currencies such as e-gold and StormPay (although almost all HYIPs do not use StormPay as of February 2006, see StormPay article for why) has made it easy for HYIPs to operate across international boundaries, and to accept large numbers of small investments."

DXSynergy is NOT an investment program. While it does offer a savings account, it is not, nor has it ever been a true investment program. Most deposits in DXSynergy are far in excess of $100. There has never been a promise of exceptionally high returns by DXSynergy. Those claims were made by a group of promoters who thought they could make a quick buck.

As a result of those operators (selling cheap "How To Get Rich" e-books") those of us who are long-time members are now picking up the pieces of the testing phase and moving forward with the public release of the business community.

The income derived through DXSnyergy comes from the sale of advertising to network members. In the future, income will also be generated when merchants utilize the e-currency exchange process. Also coming are shopping, classified ads, and auction portals as well as a travel portal.

In regards to income claims, DXSynergy (formerly DXIO, or DXInOne) has never made specific income claims. Because the system is fee-based, you cannot lose original deposits except through negilgence, and/or severe currency fluctuations.

What DXSyngery offers with all the services above is a secure escrow service which prevents fraudulent transactions, something that E-Bay and others have yet to achieve with high expense to the users.

Granted, over the last year many folks have confused this program with a HYIP, when, in fact, they were totally wrong and have literally slandered the name.

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