BTC Global Team-Is It Legit Or A Scam?

Welcome to my Btc Global team Review. There has been some vibe about this company called Btc global team,so I decided to find out what the company was all about and do some research on the company.
You are probably here because you have heard of btc global team and what to find out if it is a legit company or a scam.
Here is a detailed review on the company btc global team and I would walk you through the btc global team company,the compensation plan,the products and the verdict.

BTC Global Team Review – The Company

On BTC Global Team’s website, you unfortunately won’t find any information in regards to who owns or is running the company. This gives off the impression of BTC Global being very faceless, and that’s never something that we like to see.
With that said, I did come across some copy on the website that I found quite interesting.
BTC Global Team claims that it is “the marketing arm of Steven’s Trading business”, and this is continued with the following message:
“We are backed by our founding trader at Steven Twain.
Steven has 6 years of experience trading binder options with consistent success, over the last 3 years he has started providing trading services for other large investors ($10,000+ only).
When I went on their company website, I noticed that it was lacking important information on the owner and the person who is running the business.
‘The marketing arm of Steven’s Trading business,’ is what company seems to say about itself.
We are backed by our founding trader at Steven Twain.
Steven has 6 years of experience trading binary options with consistent success, over the last 3 years he has started providing trading services for other large investors ($10,000+ only).
(Our) group negotiated an amazing deal with Steven to get access to his trading services.
The picture of Twain presented on the company website actually matches the picture used to represent him on Instagram under the handle @steventwain22, but now it seems to have been erased.
Twain used to use his Instagram account to advertise an undisclosed business opportunity, saying it was giving earnings of 10% to 15% weekly, and this all began about 2 years back.
About 5 months ago, Twain was also found promoting a 10% weekly ROI on a bitcoin investment opportunity.
Near the same time, Henry Obianyo, was also advertising this weekly 10% ROI business opportunity through Facebook, and he was using the contact info for Steven Twain.
Based out of Nigeria, Obianyo, operates the company Michrob Koncepts Free Signals, a Telegram private chat group that uses binary signals.
The Nigerian location of Obianyo could have some bigger meaning to it.
There is a picture from Twain’s old Instagram account, wherein the Nigerian Naira can be seen as the exchange currency on the screen.
A Steven Twain profile on Facebook was made only a short while ago in August and was used the very same day to advertise the business opportunity of BTC Financials.
Currently the company of BTC Financials goes by the name of BTC Global Team.
I would also like to point out there was one more BTC Global which started up earlier in 2017.
What is unclear is if the two companies are related or unrelated, we’ll just have to wait and see if BTC Global and BTC Global Team will reveal the answer to this question.
Being that both companies have ties to Africa, there could be more to it than a simple coincidence.
A little more digging and research reveals that the BTC Global Team website domain was registered privately on the 11th of August in 2017 (which was also close to the period when the Steven Twain profile was made on Facebook).

BTC Global Team Review – The Products
BTC Global Team has no retail products or services for affiliates.
You won’t find any goods or services being advertised to retail customers, and because of this, the only thing that affiliates have to offer is the affiliate membership itself.
Affiliates who sign up with BTC Global Team can only market and sell the company affiliate membership.

The BTC Global Team Compensation Plan
Affiliates for BTC Global Team are told that they can earn a “guaranteed” weekly ROI of 14% by investing bitcoin into the company, and the money that’s earned here can be withdrawn after eight or fourteen days of the initial investment.
To supplement the money that’s heard here, BTC Global Team also allows its affiliates to earn on referral commissions.
Referral commissions within BTC Global Team are paid using a unilevel system, with cash being handed out whenever an existing member recruits someone else that also choose to invest.
Affiliates who want to take part in the company compensation plan must sign up and invest in the company.
With the agreement of a “guaranteed” 14% ROI every week, company affiliates will invest in bitcoin.
Then company affiliates can take out ROI payments, but only after 8 to 14 days following investment.
A unilevel compensation model is used by the company to pay out referral commissions.
The unilevel compensation model puts an affiliate at the top of a unilevel team, where any personally sponsored affiliate is placed right underneath them onto level 1.
When a level 1 affiliate sponsors new affiliates, they are then put onto level 2 of the original affiliate’s unilevel team.
When a level 2 affiliate sponsors new affiliates, they are then put onto level 3; and the level creation in the unilevel team continues in this manner down a hypothetical never ending amount of levels.
The company does cap payable unilevels at level 5, where commissions are paid to the affiliates as a percentage of the capital (funds) invested per their respective level:
• Level 1 (personally sponsored affiliates, must sponsor at least 5 affiliates) – 5%
• Level 2 (must sponsor at least 15 affiliates) – 4%
• Level 3 (must sponsor at least 30 affiliates) – 3%
• Level 4 (must sponsor at least 50 affiliates) – 1%
• Level 5 (must sponsor at least 100 affiliates) – 0.5%

Cost To Join BTC Global Team
The cost to join the BTC Global Team as an affiliate is free.
Although, it should be noted that company affiliates must invest in bitcoin to fully participate in the business opportunity and the company compensation plan.

Is BTC Global Team Actually Legit Or A Scam?
Btc global team is actually legit and not a scam.However to be successful in Btc global team or any network marketing company out there it would depend on your lead generation technique,your marketing techniques and your ability to recruit.

Verdict on BTC Global Team
On its website, BTC Global Team says –
“Steven Twain is our primary trader, he has a access [sic] to the latest trading tools to help maximize returns on his Binary, forex & commodities trading through an exclusive business partnership.”
In addition to background info on this Steven Twain being pretty much nonexistent, there’s also no real proof that any trading is actually taking place.
The only money that’s clearly coming into BTC Global Team comes from affiliate investments, and with newly invested funds being used to pay existing members, BTC Global Team quickly turns into that of a Ponzi scheme.
Overall with no proof of external income sources coming into the company to make those ROI’s, I don’t see this company being legit…
This reminds me of those fly by night companies that come and go and take peoples money.
No investment company can “guarantee” ANY ROI let alone 14% even if there is external income sources because that can vary.
What is happening is newly invested funds are paying off existing members creating those ROI’s and it will be short lived.
Why you ask?
Once recruitment slows down, there goes the ROI and the company will collapse.
Seen it TOO many times and have warned people about companies like this a LOT.
Having that said, I don’t personally recommend this company…
Anyway, I hope you enjoyed my BTC Global Team review and if you have any questions please leave them in the comments below…

Fuxion-Is It Legit Or A Scam?

Welcome to my Fuxion Review. There has been some vibe about this company called Fuxion,so I decided to find out what the company was all about and do some research on the company.

You are probably here because you have heard of Fuxion and what to find out if it is a legit company or a scam.

Here is a detailed review on the company Fuxion and I would walk you through the Fuxion company,the compensation plan,the products and the verdict.

Fuxion Review – The Company

 

Fuxion’s website indicates that this is a company operating in the niche of nutrition and health, and along with this, it appears that Fuxion is based somewhere in Peru.

Frank Michell, Derek Michell, Rafael Zuñiga Benavides and Alvaro Zuñiga Benavides founded Fuxion in 2006, and the company first made a debut in the United States a few years later in 2015. In addition to its operations in Peru, Fuxion also has additional offices throughout Ecuador, Columbia, Costa Rica, Bolivia, Mexico, Panama, Chile, Venezuela, Guatemala, and Nicaragua.

Here we have a company coming to us from Peru, and operating within the MLM niche of health and nutrition.

In 2006, Frank Michell, Derek Michell, Rafael Zuñiga Benavides and Alvaro Zuñiga Benavides founded the company.

By 2015, the company had officially launched in the United States and set-up offices in Ecuador, Colombia, Costa Rica, Bolivia, Mexico, Panama, Chile, Venezuela, Guatemala and Nicaragua.

That’s impressive expansion!

The current man behind the company is Alvaro Zuñiga Benavides as the acting CEO.

In Benavides company corporate biography, it states:

he has more than 20 years as an entrepreneur in the food and dairy products industry.

He has actively participated in the creation and development of several companies in the area of commerce, fabrication of supplies, and most importantly, in the development of innovative products and services directed to the area specialized in nutrients.

I was unable to make a MLM history timeline for Benavides, which likely means that this his first attempt as an executive in an MLM business.

Other companies in this niche are Kyani and PM International.

Fuxion Review – The Products

On its website, Fuxion claims that it’s “the first South American company dedicated to the production of nutraceutical food that uses the latest advances in biotechnology and the knowledge of Ancient Andean, Amazonian, and Asian cultures.”

There are four main product lines being marketed here, including neutraoceuritcals, weight management, athletic performance, and anti-aging solutions.

The company declares to be:

the first South American company dedicated to the production of nutraceutical food that uses the latest advances in biotechnology and the knowledge of Ancient Andean, Amazonian, and Asian cultures.

The company promotes 4 different lines of “nutraceutical fusion” products covering the best-selling groups of: nutraceuticals, weight management, athletic performance and anti-aging.

Neutraceuticals

·         C&C Fit – Powdered instant drink mix containing “roasted gourmet coffee with green coffee extract”

·         BioPro X Active Sport – “Increases your muscular mass in less time”

·         BioPro X Active Fit – “Lose weight and inches, while toning your muscles faster”

·         BioPro X Active – “Protects your immune system”

·         Off – “OFF iced tea … helps manage tension and stress so you can relax”

·         On – “ON iced tea… stimulates brain function, fights fatigue, and allows you to focus and concentrate longer”

·         RGX 1 – “If you’re dealing with chronic or occasional constipation, FuXion’s RGX1 formula will help reactivate your intestinal tract gently and naturally”

·         Veramas – “This hot tea is an excellent source of nutrients to nourish your immune system, and help you achieve optimal health”

Weight Management

·         Floria Liv – “Each serving of this tasty drink made with passion fruit pulp will deliver more than 10 billion live probiotic bacteria to your intestines. There they activate your body’s natural defenses, improving the immune system”

·         Liquid Fibra – “Nourishes the intestinal flora in your digestive tract to keep you regular”

·         Nocarb T – “Improves the metabolism of sugars and raises your energy levels”

·         Thermo T3 – “Contains a delicious combination of lime-flavored tea with ingredients that boost its thermogenic effect to help you burn fat more efficiently, getting rid of those rolls in a healthy way”

Athletic Performance

·         Post Sport – “Active ingredients of L-glutamine and Achiote help you to stay hydrated”

·         Vitaenergia – “This unique antioxidant and multivitamin drink is a powerful nutritional source to give you physical energy and enhanced mental focus”

·         FLX TE – “A potent product formulated to help nourish, lubricate and protect your joints”

Anti-Aging

·         Youth Elixir – “A delicious anti-aging drink that combines ancestral knowledge from nature”

·         Passion – “An invigorating amino-acid blend drink with guarana flavor that helps improve hormonal health, and maximize the endocrine glands’ performance”

·         Probal – “Developed to promote hormonal balance in both men and women”

·         Ganomas Cappuccino – “Cappuccino … packed with protection to safeguard your wellness”

·         Beauty In – “While you sleep your body is regenerating, nourished by this potent combination of vitamins A, vitamin E, tropical fruits, collagen and other nutrients for your skin”

The company says their items are:

not delivered via pills or capsules, but unique formulas packed in convenient sachets, ready to mix with water for optimal assimilation.

All of our products contain 100% natural flavors and colors.

There are no preservatives in any of our products.

The company does extend a ‘100% 30-day money-back guarantee to all Retail and Preferred Customers’, (let’s just hope you are one of those members lol).

NOTE: The company does not provide retail pricing for any of their products listed on their company website

The Fuxion Compensation Plan

Affiliates who want to participate in the company compensation plan are required to sign up with an affiliate membership and then have a 20 PV minimum product order.

The company uses a combination of retail sales and sponsorship commission with residuals paid out by a binary/unilevel hybrid model.

Typically based on the company affiliate’s rank, there are other performance-based bonuses available to earn more income with the company.

NOTE: If the company must pay out an affiliate more than 57% of achieved commissions in volume monthly, those top earners (based on rank) will have the total of their commissions deducted by 3%.

If the company-wide commissions still do exceed 57% of achieved commissions volume, another 3% is deducted, and then the company will go on to deduct 4%.

Fuxion Affiliate Ranks

In the company compensation plan there are 13 different ranks.

Here are the rank criteria along with what each requires from that ranking level:

·         Executive – Generate at least 20 PV a month and generate at least 180 GV a week in your weaker binary side and at least 20 PV in your stronger binary side

·         Senior Executive – Maintain at least 20 PV a month, generate at least 360 GV a week in your weaker binary side and at least 40 PV in your stronger binary side and generate at least 380 GV a month in unilevel team volume

·         Bronze – Generate at least 60 PV a month, generate at least 750 GV a week in your weaker binary side and at least 80 PV in your stronger binary side, generate at least 900 GV a month in unilevel team volume and recruit and maintain at least one Executive or higher ranked affiliate

·         Gold – Maintain at least 60 PV a month, generate at least 1500 GV a week in your weaker binary side and at least 150 PV in your stronger binary side, generate at least 1800 GV a month in unilevel team volume and recruit and maintain at least two Executive or higher ranked affiliates

·         Platinum – Maintain at least 60 PV a month, generate at least 3000 GV a week in your weaker binary side and at least 300 PV in your stronger binary side, generate at least 3600 GV a month in unilevel team volume (max 1700 GV from any one unilevel leg) and have at least three Executive or higher ranked affiliates in your downline (one per unilevel leg)

·         Double Platinum – Maintain at least 60 PV a month, generate at least 6000 GV a week in your weaker binary side and at least 600 PV in your stronger binary side, generate at least 8400 GV a month in unilevel team volume (max 3100 GV from any one unilevel leg) and have at least four Executive or higher ranked affiliates in your downline (one per unilevel leg)

·         Diamond – Maintain at least 60 PV a month, generate at least 15,000 GV a week in your weaker binary side and at least 1500 PV in your stronger binary side, generate at least 22,500 GV a month in unilevel team volume (max 5500 GV from any one unilevel leg) and maintain have at least four Bronze or higher ranked affiliates in your downline (one per unilevel leg)

·         Double Diamond – Maintain at least 60 PV a month, generate at least 30,000 GV a week in your weaker binary side and at least 3000 PV in your stronger binary side, generate at least 50,000 GV a month in unilevel team volume (max 10,000 GV from any one unilevel leg) and maintain have at least five Bronze or higher ranked affiliates in your downline (one per unilevel leg)

·         Triple Diamond – Maintain at least 60 PV a month, generate at least 60,000 GV a week in your weaker binary side and at least 6000 PV in your stronger binary side, generate at least 100,000 GV a month in unilevel team volume (max 18,500 GV from any one unilevel leg) and maintain have at least six Bronze or higher ranked affiliates in your downline (one per unilevel leg)

·         Diamond X – Maintain at least 60 PV a month, generate at least 125,000 GV a week in your weaker binary side and at least 12,500 PV in your stronger binary side, generate at least 250,000 GV a month in unilevel team volume (max 35,000 GV from any one unilevel leg) and maintain have at least seven Bronze or higher ranked affiliates in your downline (one per unilevel leg)

·         Diamond Millionaire – Maintain at least 60 PV a month, generate at least 250,000 GV a week in your weaker binary side and at least 1500 PV in your stronger binary side and generate at least 500,000 GV a month in unilevel team volume (max 55,000 GV from any one unilevel leg)

·         Double Diamond Millionaire – Maintain at least 60 PV a month, generate at least 500,000 GV a week in your weaker binary side and at least 3000 PV in your stronger binary side and generate at least 1,000,000 GV a month in unilevel team volume (max 110,000 GV from any one unilevel leg)

·         Triple Diamond Millionaire – Maintain at least 60 PV a month, generate at least 1,000,000 GV a week in your weaker binary side and at least 6000 PV in your stronger binary side and generate at least 2,000,000 GV a month in unilevel team volume (max 220,000 GV from any one unilevel leg)

·         Diamond Millionaire X – Maintain at least 60 PV a month, generate at least 2,000,000 GV a week in your weaker binary side and at least 12,500 PV in your stronger binary side and generate at least 4,000,000 GV a month in unilevel team volume (max 440,000 GV from any one unilevel leg).

Cost To Join Fuxion

Fuxion doesn’t offer any info on its website in regards to how much it costs to join as an affiliate, but what we do know is that members need to maintain an order of 20 PV every two weeks in order to remain active within the company.

The cost to join Fuxion as an affiliate is not mentioned on the company website, and there was no information on the associated costs to sign up as an affiliate.

In an effort to try to verify what the joining costs are to become an affiliate, I did find indication that the affiliate membership requires a 20 PV minimum order.

The MLM commission criteria requires a company affiliate to buy 20 PV worth of product biweekly.

Marketing material indicates that an order of 60 PV is all that’s needed for “max compensation”.

Is Fuxion Legit Or  A Scam

Fuxion is actually legit and not a scam.However to be successful in Fuxion or any other mlm company out there it would depend on your marketing techniques,your ability to recruit and your lead generation technique.

Verdict on Fuxion

Overall Fuxion is 100% legit…

It has real retail products, it has a compensation plan that rewards people for both retail sales and new business partners and it’s been on the market for some time now…

The ONLY downside to Fuxion is their marketing training kinda sucks and you have to use their old tactics to sell their products…

And their products don’t have big profit margins either so you have to sell a lot of volume of it…

This is why I personally went the digital route where I have systems do the selling for me with 40%+ margins.

The best way to determine whether or not this is taking place is by speaking with your potential upline, and based on what they say, you’ll want to make your decision from there.

If there’s a healthy amount of retail activity taking place, this might be worth a shot.

However, if affiliate recruitment is clearly the goal for everyone involved, you’ll want to take your money elsewhere.

Anyway, I hope you enjoyed my Fuxion Review and if you have any questions please leave them in the comments below…

 

 

FX Prog-Is It Legit Or A Scam

Welcome to my Fx Prog Review. There has been some vibe about this company called Fx Prog,so I decided to find out what the company was all about and do some research on the company.

You are probably here because you have heard of Fx Prog and want to find out if it is a legit company or a scam.

Here is a detailed review on the company Fx Prog and I would walk you through the Fx Prog company,the compensation plan,the products and the verdict.

FX Prog Review – The Company

Taking a look through FX Prog’s website, you won’t find any information in regards to who owns the company, where in the world it’s based out of, when it was founded, or anything along these lines.

 

A little more research reveals that the FX Prog website domain was registered privately as “fxprog.com” on the 19th of October 2017.

A UK incorporated certificate for “FX Prog Limited” lists the day of incorporation as the 23rd of October with an address located in London and Adam Paul registered as the sole Director of the company.

FX Prog Review – The Products

FX Prog has no retail services or products for company affiliates to sell or purchase.

Not a single thing is being marketed or sold to retail customers, and because of this, affiliates only have the affiliate membership to offer to those looking to join a new income opportunity.

However, affiliates who sign up with FX Prog can market the affiliate membership.

The FX Prog Compensation Plan

Affiliates who want to take part in the company compensation plan must sign up and invest funds into the company.

When company affiliates invest capital (funds) they do so on the agreement of a promoted ROI (return on investment) from the company on a daily basis.

·         Invest $10 to $50,000 and receive a 10% daily ROI for 15 days (150%)

·         Invest $500 to $50,000 and receive a 12.5% daily ROI for 10 days (125%)

·         Invest $1000 to $50,000 and receive a 22% daily ROI for 5 days (110%)

Paid down 3 levels of sponsorship (unilevel), referral commissions are available on the capital (funds) invested by sponsored affiliates:

·         Level 1 (personally sponsored affiliates) – 7%

·         Level 2 – 2%

·         Level 3 – 1%

To increase the money that’s earned here, affiliates also have the opportunity to earn on referral commissions that are paid when an existing member recruits someone else that also chooses to invest.

With FX Prog, 7% is paid on level one recruits, level two pays 2%, and you’ll get just 1% from level three members in your downline.

Cost To Join FX Prog

The cost to join FX Prog as an affiliate is free.

Although, affiliates must invest $10 to be able to fully participate in the business opportunity and its company compensation plan.

Is FX Prog Actually Legit Or A Scam?

FX Prog is actually legit and not a scam. However to be successful in FX Prog or any network marketing company out there it would depend on your lead generation technique, your ability to recruit and your marketing techniques.

Verdict on FX Prog

Per FX Prog’s website, the company can offer its daily ROI thanks to a “professional forex & stocks management team.”

FX Prog goes on to say that it has “many years of experience” in addition to “good reputation and popularity.”

“Good reputation and popularity” after launching just last month? Sure.

At the end of the day, FX Prog is nothing more than another Ponzi scheme that’s trying to solicit money from unsuspecting victims.

The majority of people that divide to throw money into this opportunity will end up losing out, and only the anonymous admin(s) behind this setup will earn anything of true value.

The company isn’t clear on who runs it,they don’t have any retail products/services for sale…

And they promise ROI’s which is imposssible to do if they are indeed trading etc.

What is happening here is newly invested funds are paying off existing members that makes this a ponzi…

Anyway, I hope you enjoyed my FX Prog review and if you have any questions please leave them in the comments below…

 

 

BitFundZa-Is It Legit Or A Scam?

Welcome to my BitFundZa Review. There has been some vibe about this company called BitFundza,so I decided to find out what the company was all about and do some research on the company.

You are probably here because you have heard of Bitfundza and what to find out if it is a legit company or a scam.

Here is a detailed review on the company BitfundZa and I would walk you through the BitFundZa company,the compensation plan,the products and the verdict.

BitFundZA Review – The Company

This company does not offer any info on their website regarding who the owner is or who’s there running the business either.

A little digging and searching online reveals that the BitFundZA website domain was registered privately as “bitfundza.co” on the 16th August 2017.

Additional research showed that the company website is using a favicon that’s also hosted on website domain for Loop and Beyond.

If you were to take a stopover to the website of Loop and Beyond, it will again show you something, what is that you may ask?

Yes, it’s a duplicate, a clone, an identical twin, an exact replica of the BitFundZA website.

Even earlier this summer was the launch of the Loop and Beyond website domain, registering a bit earlier than BitFundZA, on the 6th of July in 2017, which definitely indicates it was a staging site prior to the main website going live.

Ketan Singh registered for the Loop and Beyond website domain, by using an apartment address in the US state of New Mexico.

Okay, so a little more info, the name Ketan Singh belongs to a popular actor from India, and the Loop and Beyond domain seems to use name-servers that are Indian as well.

It is behind CloudFare, so I cannot say for sure, but it is very possible the company is on the same server as Loop and Beyond.

While searching the internet I could not find any info out there that connected Singh to the company other than the registered domain that’s accessible.

Saying this, it’s also likely that whoever is in charge of operating the business is probably living somewhere in India.

However, there’s one more option as to where this company may be operating from, gathered from the data from Alexa, which shows that the main source of site visitors is from the UK.

After going to Loop and Beyond’s website, it doesn’t take long at all to realize that it’s a carbon copy of BitFundZA’s site.

The domain name for Loop and Beyond was registered before BitFundZA by a little more than a month on July 6, 2017, leading me to believe that it was used as a sort of stage site before BitFundZA properly launched.

However, unlike BitFundZA, Loop and Beyond’s domain details aren’t private.

The domain was registered by Ketan Singh, and the address that’s provided belongs to an apartment in New Mexico in the United States.

Ketan Singh is the same name for a rather popular Indian actor, and the domain name for Loop and Beyond is also seen to be using name-servers in India. As such, the Ketan Singh being described here likely doesn’t exist.

BitFundZA Review – The Products

The company has no retail products or services for affiliates to sell or purchase.

However, affiliates who wish to sign up with BitFundZA are able to market the company affiliate membership.

A setup like this means that you won’t find any retail sales activity, and in the world of MLM, that’s never a good sign.

The BitFundZA Compensation Plan

When someone decides to become an affiliate for BitFundZA, they are asked to gift bitcoin to one another through the use of a 2×5 matrix system.

There are five main levels that affiliates need to work through, and the breakdown for these is as follows:

  Level 1 — Affiliate gift 0.0035 BTC and then earn the same amount from three other members

 Level 2 — Affiliates gift 0.0075 BTC and then earn the same amount from nine other members

Level 3 — Affiliates gift 0.05 BTC and then earn the same amount form twenty-seven other members

  Level 4 — Affiliates gift 1 BTC and then earn the same amount from eighty-one other members

 Level 5 — Affiliates gift 4 BTC and then earn the same amount from two hundred and forty-three other members

Cost To Join BitFundZA

The cost to join BitFundZA as an affiliate is the minimum month-to-month donation payment of 0.0035 BTC.

However, if you would like to fully participate in the business opportunity and their compensation plan, there will be a cost of 5.061 BTC that continues on a 30-day cycle.

Is BitFundZA Legit Or A Scam?

Bitfundza is actually legit and not a scam.However to be successful in Bitfundza or any other network marketing company out there it would depend on your lead generation technique,your ability to recruit and your marketing techniques.

Verdict on BitFundZA

The truth is any company that asks you to “donate” anything makes it a gifting scheme…

Now if you were getting some kind of product or service at the retail lever for that BitCoin that would have been alright, but that’s not the case…

I guess these gifting schemes have migrated over to Bitcoin because it’s harder to recover due to the lack of regulations…

Anyway, I personally do not recommend joining a company like this…

I hope you enjoyed my BitFundZA review and if you have any questions please leave them in the comments below…

IcaNetwork-Is It Legit Or A Scam?

Welcome to my Ica network review. There has been some vibe about this company called Icanetwork,so I decided to find out what the company was all about and do some research on the company.

You are probably here because you have heard of Icanetwork and want to find out if it is a legit company or a scam.

Here is a detailed review on the company Icanetwork and I would walk you through the Icanetwork company,the compensation plan,the products and the verdict.

The ICANetwork Review – The Company

 

ICANetwork’s website features numerous testimonials and marketing material, and through these, it’s mentioned that Michael Glaspie is the Founder and CEO for the company. This isn’t directly written anywhere on the site, but it’s pretty clear through this other info that this is who’s running the show.

The founder and current CEO of the company is identified as Michael Glaspie.

Although the details are not directly sourced from the written words there, I was able to put it together from multiple testimonials and advertising materials found online.

Glaspie first appeared on the MLM scene last year as the founder and CEO of Icanget2.

Not a total newcomer, Glaspie has been promoting different opportunities on the internet for some years now.

A lot of advertising material found online (most likely self published) makes claims that Glaspie’s online marketing career goes back to 1998…which is almost 20 years ago, believe it or not.

With Team Vinh, Glaspie was doing things like “helping others figure it out” before his days with Icanget2.

The Team Vinh newsletter revealed that Glaspie was on their Board of Directors, as their head of “marketing consortium”.

However, in 2015 it was revealed that the SEC shut down Team Vinh.

Online traffic estimates that traffic to the Icanget2 website dropped suddenly through 2017.

The start-up date for Team Vinh seems to be in the same time frame as when Glaspie started up Icanget2.

Glaspie started another company called InvitationToJoin earlier this year in 2017, which is a matrix-based sponsorship business opportunity.

He was creating a “new The ICANetwork”, through the merger of these two companies: InvitationToJoin and ICAN, well at least that’s what Glaspie is saying.

The ICANetwork Review – The Products

In regards to its product line, there’s really not too much to talk about here.

No goods or services are being sold to retail customers, and this leaves affiliates with only the affiliate membership to offer to individuals.

Should you choose to become an affiliate for ICANetwork, part of the membership comes with access to software that allows you to create smartphone apps, SEO-based services, and a platform that makes it easy to convert websites to mobile devices.

The ICANetwork has no services or products for affiliates to purchase or sell.

However, if affiliates wish to sign up with ICANetwork they can market the company affiliate membership.

The company affiliate membership offers members access to a creator for smart phone apps, services for SEO, software for converting websites into mobile friendly sites, business loans up to $150, 000, and the management and finance opportunity for a Facebook fan page.

This offer for a potentially huge loan piqued my interest so I decided to check out the “more information” section to find out if this offer is given by a third-party bank.

Upon submitting your FREE application, a bank official will contact you for the pertinent data they require.

Anyone can apply for any purpose at a $25,000 minimum up to $150,000 maximum.’

These unsecured loans are available to individuals for any legal purpose in U.S.A. and Canada. (With the U.K. coming next and soon!)

Any amount that you borrow can be paid back the first year with no interest whatsoever.

After that, it is as low as 6% to 9% dependent upon the applicant’s credit worthiness.

Looks like any normal loan you can get at a bank, so what’s the incentive?

The ICANetwork Compensation Plan

Moving right along to the compensation plan, affiliates are able to earn commissions when they spend their own money to buy services ICANetwork is offering.

The actual costs for the services isn’t provided on ICANetwork’s website, but what is present is the rate of commissions that are offered.

Free affiliates start out by earning 10% on level one members, but paid ranks throughout the company can earn more.

The first paid rank, SIR, earns 30% on level one, 5% on level two, and 3% on level three.

Recruitment commissions are also present here, and as you’d expect, this is money that’s paid when affiliates recruit others into the company.

Affiliates who want to participate in the company compensation plan can sign up and become a member for free or join with a monthly membership fee.

When the affiliates sell their upsell services to newer affiliates, they are paid by the company.

The website for the company does NOT disclose the exact costs for these services.

The company pays out commissions to affiliates as a percentage of their fees paid for services, down to the 3rd level of sponsorship (unilevel):

·         Free affiliates earn 10% on level 1 (personally sponsored affiliates)

·         SIR affiliates earn 30% on level 1 , 5% on level 2 and 3% on level 3

·         Founder affiliates earn 40% on level 1, 10% on level 2 and 5% on level 3

·         Director affiliates earn 50% on level 1, 15% on level 2 and 10% on level 3

Recruitment Commissions

Also, sweetening the deal of the service fee commissions listed above, affiliates also earn income to directly sponsor new affiliates into the business.

Affiliates ranking at SIR or higher in the company pay a fee month-to-month, which is then handed down to pay the sponsorship commissions to other affiliates paying fees.

·         SIR affiliates earn a 30% monthly sponsorship commission

·         Founder affiliates earn a 40% monthly sponsorship commission

·         Director affiliates earn a 50% monthly sponsorship commission

Cost To Join The ICANetwork

The cost to join ICANetowrk as an affiliate will come with a membership cost, anywhere from very affordable at zero dollars because its free, to $39.95 once a month.

Here’s a breakdown of the affiliate membership costs:

Free Distributor – no charge

SIR – $19.95

Founder – $29.95

Director – $39.95

However, if you opt for the free company affiliate membership you CANNOT earn the commissions offered by the company.

Is ICANetwork Legit Or A Scam?

Icanetwork is actually legit and not a scam.However to be successful in IcaNetwork or any network marketing company out there.It would depend on your lead generation technique,your ability to recruit and your marketing techniques.

Verdict on ICANetwork

As mentioned above, no real goods or services are being offered through ICANetwork. The only thing that’s up for grabs is the affiliate membership, and as the case goes with companies set up like this, this results in affiliate recruitment being the primary focus.

They don’t have any retail products or services, but they bundle a mobile app with the affiliate membership…

To stay some what compliant, ICANetwork stats the the following:

As you build your team, you are not being paid for the mere act of sponsoring or recruiting.

You are being compensated because each paid position receives a mobile app!

Therefore in every respect, you are being compensated for the act of selling a product.

Now there are some very negative ICANetwork reviews out there calling this a straight up pyramid scheme…

A mobile app might be tied to the affiliate membership, but the main thing being offered is still the membership.

No matter what Glaspie tries to say, ICANetwork is nothing more than a pyramid scheme that will see Glaspie and other early adopters earning the most while the majority of all affiliates end up losing out.

I don’t like calling something a scam unless I know for sure…

What really concerns me is the past attempts of launching companies that were full out scams…

Usually history does repeat itself, so because of that I personally won’t be joining…

However, you can make your own decision

I hope you enjoyed my ICANetwork review and if you have any questions please leave them in the comments below…

 

Cryptogain-Is It Legit Or A Scam?

Welcome to my Cryptogain review. There has been some vibe about this company called Cryptogain,so I decided to find out what the company was all about and do some research on the company.

You are probably here because you have heard of Cryptogain and want to find out if it is a legit company or a scam.

Here is a detailed review on the company Cryptogain and I would walk you through the Cryptogain company,the compensation plan,the products and the verdict.

CryptoGain Review – The Company

 

So the first thing I noticed about the CryptoGain website is that it does not provide any information about who owns or operates the company.

I did manage to find out that the CryptoGain website domain was registered as “cryptogain.biz” on the 22nd of October, 2017.

The address provided on the registration does not seem to be legit.

Although this company has only been in existence for a few weeks or so, CryptoGain states that it has “many years of expertise”.

After a quick look at the official CryptoGain Facebook group, I found out that it has one admin, Bernie Thompson.

Thompson’s own account was only recently created on or around the 26th of October, 2017.

There is a UK incorporation number that is provided on the company website, which links to “BitLake Limited”.

Incorporated on the 14th of June, BitLake Limited provides a retail/residential address in Southall, UK.

Warran ONeal is credited as the sole officer of the company, but there is no more information provided on him.

It seems that whoever was running BitLake is also operating CryptoGain.

You’ll also find an incorporation number of CryptoGain’s website, and following this shows a United Kingdom incorporation for “BitLake Limited.”

BitLake Limited was incorporated in the United Kingdom on June 14, 2017, and it was done so through an address is Southall in the UK.

The sole officer for BitLake Limited is listed as Warran ONeal, but aside from this, there’s no other information to be found on the man.

What can be said, though, is that the admin behind CryptoGain is likely the same one running BitLake Limited.

CryptoGain Review – The Products

CryptoGain does not have any retail products or services to offer.Affiliates who join CryptoGain simply market the affiliate membership.

The CryptoGain Compensation Plan

CryptoGain affiliates who want to take part in the compensation plan must invest bitcoin for a daily ROI.

·         Dash – Invest 0.001 to 5 BTC and receive a 10% daily ROI

·         Ethereum – Invest 5.001 to 10 BTC and receive a 12% daily ROI

·         Bitcoin – Invest 10.001 or more BTC and receive a 15% daily ROI

Referral commissions are earned on invested funds and are paid down 2 levels of sponsorship through a unilevel compensation structure:

·         5% on level 1 (personally sponsored affiliates) and

·         2% on level 2

Cost To Join CryptoGain

The cost to join CryptoGain as an affiliate is free, but free affiliates are only able to earn referral commissions.

To fully participate in the income opportunity, affiliates must invest a minimum of 0.001 BTC.

Is CryptoGain Legit Or A Scam?

Cryptogain is actually legit and not a scam.However to be successful in Cryptogain or any other mlm company out there it would depend on your lead generation technique,your ability to recruit and your networking skills.

Verdict on CryptoGain

CryptoGain claims the it using cryptocurrency mining to generate the ROIs being offered, with its website saying:

“We have our own state-of-the-art infrastructure and cutting edge technologies for cryptocurrencies mining.”

However, outside of this one claim, you won’t find any proof or evidence that this mining is actually taking place.

The only money CryptoGain is receiving comes from affiliate investments, meaning that newly invested funds are used to pay ROIs owed to other members.

This results in CryptoGain functioning as a Ponzi scheme, and just like BitLake, it’ll likely collapse after just a few week’s time once investor interest dies down.

CryptoGain claims it’s 100% legit, but how is it promising ROI’s?

No government will agree to promised ROI’s so something doesn’t add up…

They claim they trade your Bitcoin, but TRADING is NEVER guaranteed…

There will be UP and DOWN in ROI, not a fixed amount…

Because of that I personally don’t recommend this until they clear those things up.

I hope you enjoyed my CryptoGain review and if you have any questions please leave them in the comments below…

 

Direct Cellars-Is It Legit Or A Scam?

Welcome to my Direct Cellars Review. There has been some vibe about this company called Direct Cellars,so I decided to find out what the company was all about and do some research on the company.

You are probably here because you have heard of Direct Cellars and what to find out if it is a legit company or a scam.

Direct Cellars Review-The Products

Here is a detailed review on the company Direct Cellars and I would walk you through the Direct Cellars company,the compensation plan,the products and the verdict.

Direct Cellars was founded by David Distefano in 2014 and has offices in Chicago, Fort Lauderdale and Seattle. It is a wine club with an MLM twist. However, apart from the information available on the site, there is nothing about the owner on the internet.

They have focused all their marketing efforts to the continent of North America and thus receiving the bulk (94%) of their web traffic from the USA. The rest of the web traffic comes from Canada.

The domain is an old one which is repurposed for the business.

However, like the most legit business entities, it is set to expire in 2019.

That is all about the company. Let’s look at the products they offer.

 Direct Cellars Reviews – The Products

Direct Cellars Products

Like I mentioned before, Direct Cellars offers a selection of wines.

Customers who are interested in these wines don’t actually choose what they want, the company simply sends out a collection of bottles each month.

Direct Cellars is the popular network marketing company that brought wine to the MLM space.

A wine club + direct sales? Sounds like a gold mine for stay-at-home moms who want a home based business selling wine to their friends.

Product-of-the-month clubs have BLOWN UP over the past couple years but Direct Cellers is here to ride the waves with a crowd favorite: wine.

Direct Cellars Compensation Plan

Commissions in Direct Cellars are paid out when you sponsor other members who either become customers or distributors.

That’s how network marketing works.

Direct Cellars features both binary and unilevel compensation plans depending on which bonus or residuals you earn.

Also unlike all the other Direct Cellars reviews out there I want to give you the best information I can.

Direct Cellars Ranks

There are a total of 9 ranks within the Direct Cellars compensation plan.

Each rank has its own qualifications, which look like this:

·         Wine Lover – Sign up as a Direct Cellars affiliate and recruit and maintain at least 1 affiliate

·         Wine Enthusiast – Achieve commission qualified status

·         Wine Critic – Recruit and maintain 3 commission qualified affiliates

·         Wine Specialist – Recruit and maintain 4 commission qualified affiliates

·         Wine Expert – Recruit and maintain 5 commission qualified affiliates

·         Wine Connoisseur – Recruit and maintain 6 commission qualified affiliates

·         Wine Aficionado – Recruit and maintain 7 commission qualified affiliates

·         Wine Master – Recruit and maintain 8 commission qualified affiliates

·         Master Cellar – Recruit and maintain 9 commission qualified affiliates

Qualifications To Get Paid Commissions

To earn paid commissions in this company, you are required to sponsor and maintain 2 active members who have purchased the $79.95 per month auto-ship.

These members must also maintain that monthly auto-ship month in order to get the commissions.

Retail Sales Commissions

Retails sales commissions are earned when you are on the auto-ship but also sell the wine to retail customers.

You can earn around $20 per wine package.

Recruiting Payout Commissions

When you recruit new members into Direct Cellars, you can earn commissions based on the membership level:

·         Recruit a Premium Wine Lover affiliate ($249.95) and get paid $125

·         Recruit a Premium Wine Lover Elite affiliate ($499.95) and get paid $250

Residual Binary Commissions

A binary compensation plan features two legs, left and right, and in order to qualify you need to sponsor at least 2 people.

Every week, Direct Cellars counts up the sales volume and pays a commission on whichever leg is weaker.

If there is any extra volume leftover, it will get rolled over to the next week.

How much commission you earn depends on the rank you hold:

·         Wine Enthusiast – 6%

·         Wine Critic – 8%

·         Wine Specialist – 10%

·         Wine Expert – 12%

·         Wine Connoisseur – 14%

·         Wine Aficionado – 16%

·         Wine Master – 18%

·         Master Cellar – 20%

Residual Unilevel Commissions

Residual commissions are available and are paid through a uni-level structure.

Not sure what that looks like? Take a look:

·         You

·         Level 1: Personally enrolled members

·         Level 2:  Level 1’s personally enrolled members

·         Level 3:  Level 2’s personally enrolled members

You can earn residual unilevel commissions down 9 levels, but you must hold the highest rank to get paid through all nine.

It looks a little something like this:

·         Wine Lover – 10% on level 1

·         Wine Enthusiast – 10% on level 1 and 5% on level 2

·         Wine Critic – 10% on level 1 and 5% on levels 2 and 3

·         Wine Specialist – 10% on level 1, 5% on levels 2 and 3 and 4% on level 4

·         Wine Expert – 10% on level 1, 5% on levels 2 and 3 and 4% on levels 4 and 5

·         Wine Connoisseur – 10% on level 1, 5% on levels 2 and 3, 4% on levels 4 and 5 and 3% on level 6

·         Wine Aficionado – 10% on level 1, 5% on levels 2 and 3, 4% on levels 4 and 5 and 3% on levels 6 and 7

·         Wine Master – 10% on level 1, 5% on levels 2 and 3, 4% on levels 4 and 5, 3% on levels 6 and 7 and 2% on level 8

·         Master Cellar – 10% on level 1, 5% on levels 2 and 3, 4% on levels 4 and 5, 3% on levels 6 and 7 and 2% on levels 8 and 9

Matching Bonus in Direct Cellars

Matching bonuses are also available and are paid on your directly sponsored members who earn commissions.

This bonus is paid down 4 levels in a unilevel structure.

Once again, if you want to get paid down all 4 levels, you must hold that highest rank:

·         Wine Lover – 10% match on level 1

·         Wine Enthusiast – 10% match on level 1 and 5% match on level 2

·         Wine Critic – 10% match on level 1, 5% match on level 2 and 4% match on level 3

·         Wine Specialist – 10% match on level 1, 5% match on level 2, 4% match on level 3 and 3% match on level 4.

Each time you sell a wine bottle package to a new customer, you get $20. When you recruit a new Premium Wine Lover affiliate, you get paid $125. When you recruit a new Premium Wine Lover Elite affiliate, you get paid $250.

Binary commissions are paid out depending on your rank and according to the following chart:

·        Wine Enthusiast: 6%

·        Wine Critic: 8%

·        Wine Specialist: 10%

·        Wine Expert: 12%

·        Wine Connoisseur: 14%

·        Wine Aficionado: 16%

·        Wine Master: 18%

·        Master Cellar: 20%

Unilevel commission are paid on based on rank as well, and you can unlock up to 9 level deep. They range from 10% to 38%.

On top of that, you can earn a matching bonus on the commission of your direct recruits, down to level 4.

Cost To Join Direct Cellars

The cost to join Direct Cellars is two-fold.

First, you need to purchase one of the two packages below:

1.   Premium Wine Lover – $249.95 for four bottles of wine

2.   Premium Wine Lover Elite – $499.95 for twelve bottles of wine

And second, you are required to maintain a $79.95 per month auto-ship.

Is Direct Cellars Actually Legit Or A Scam?

Direct Cellars is actually legit and not a scam.However to be successful in Direct Cellars or any other network marketing out there it would depend on your lead generation technique,your ability to recruit and your marketing techniques.

Verdict On Direct Cellars

Overall Direct Cellars is a legit company with good products and compensation plan…

What you really need to look at here is if the Wine is actually any good and how is the pricing compared to the marketplace…

If the wine is good and the prices are competitive, then I would give it a shot…

However,  if it’s very overpriced then it will be a tough sell overall because you can get wine anywhere really…

Another good thing is there is no real competition in the network marketing field on wine so you will be one of a kind that’s for sure.

I hope you enjoyed my Direct Cellars review and if you have any questions, please leave them in the comments below…