No. According to the official website of Tianyancha, we learned that Bingzimei is a registered trademark of Foshan Xianziyan Cosmetics Co., Ltd. This company is a regular enterprise, so Bingzimei is not a pyramid scheme. Foshan Xianziyan Cosmetics Co., Ltd. is located in Chancheng District, Foshan City. Its business scope includes cosmetics retail, cosmetics wholesale, etc.