Lyconet is touting personalised AI avatars as a groundbreaking innovation in network marketing. But is this vision really a revolution – or a technical illusion? Numerous unanswered questions regarding technology, economic efficiency and legal conditions cast doubt on the project’s feasibility. Technological hurdles: deceptively real or half-baked? Lyconet promises deceptively real AI avatars – from […]
An attack on investigative reporting The investigative platform BE Conflict Management is once again facing legal action: as the website operator informed us, four letters of formal notice from a Vienna law firm were sent on behalf of SKAI2Pay Ltd., Mona99 GmbH, Sharif Omar and Karlheinz Dobnigg. The accusation: allegedly defamatory and untrue statements. However, […]
The new functions and potential advantages of myWorld Premium and @Media licences were recently presented in a presentation. However, despite promising announcements and promises of higher cashback bonuses and new opportunities for myWorld Premium members, the offer raises more questions than it answers. Critics complain that the strategy only reminds them of past, unfulfilled promises. […]
A disturbing example shows once again how Lyconet forces its marketers into questionable contractual relationships. The new general terms and conditions (GTC) dated 12 October 2024 were apparently drafted in haste and presumably out of legal necessity – at the expense of those who have trusted the company for years. A recent objection to the new […]
A current case of insufficient product safety has drawn the attention of the Market Surveillance Authority at the Austrian Federal Office of Metrology and Surveying. The authority is investigating the “@MediaBox,” which was reported to the authorities by a court-appointed and certified expert. According to their initial assessment, the device shows significant deficiencies that fail […]
The recent announcement by MyWorld to establish an internal trading platform for its preferred registered shares raises serious questions about the utility and feasibility of this endeavor. In an email to marketers, the company made it clear that the acquired shares cannot be traded on public markets like NASDAQ, but will only be accessible on […]
Here is a filtered overview of the information Lyconet / myWorld has disseminated in connection with its supposed Initial Public Offering (IPO). Despite repeated claims by top leaders such as Markus Käfer and Gerry Seebacher, no IPO has taken place to date—and for good reason: The announcements turned out to be nothing more than empty […]
The much-anticipated IPO will not happen—shares will remain worthless, even though an “internal trading platform” is expected to be introduced in January 2025. The originally grand vision of bringing myWorld International AG to NASDAQ has long been scrapped behind the scenes. Despite numerous seminars and calls promoting the big IPO, it is now clear: such […]
The bankruptcy of Switzerland-based Lyoness Europe AG & Lyoness International AG. The administrator tasked with handling the case is truly to be pitied; his nerves are frayed as this task proves to be not only arduous but also presents significant obstacles. Despite intensive efforts, he has only managed to recover around 110,000 Swiss francs, just […]
Nothing will change for injured parties who have already submitted a claim and were no longer active, especially since the Austrian Supreme Court of Justice has already declared the previous terms and conditions to be non-transparent and void. In particular, the court clearly rejected the fiction of marketers being considered entrepreneurs, which made it necessary […]
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