Welcome to my Bitcase Review. There has been some vibe about this company called Bitcase,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 Bitcase and what to find out if it is a legit company or a scam.
Here is a detailed review on the company Bitcase and I would walk you through the Bitcase company,the compensation plan,the products and the verdict.
BitCase Review – The Company
The domain name for the BitCase site was registered on November 8 of this year, but since this was done privately, it’s impossible to tell who the owner is or where it took place.
The company’s official Facebook group was made through an account carrying the name “Mark Rogers” on the 9th of November of this year.
The Rogers account was created around the same time period as the registration of the website and offers no content, besides BitCase advertising.
BitCase Review– The Products
BitCase has no retail products or services for affiliates to market or purchase.
However, if affiliates want to sign up with BitCase, they simply market the company affiliate membership.
Companies with actual retail products: Trevo, Fuxion and PM International.
The BitCase Compensation Plan
Affiliates who want to participate in the company compensation plan are required to sign up and make a minimum 0.005 BTC investment.
The company affiliates invest in bitcoin on the agreement of an ROI (return on investment) made on a daily or hourly basis:
• Invest 0.005 to 0.290 BTC and receive a 2.3% daily ROI for 7 days
• Invest 0.3 to 3.09 BTC and receive a 2.7% daily ROI for 14 days
• Invest 3.1 to 10 BTC and receive a 0.17% hourly ROI for 672 hours (28 days)
There are referral commissions offered on the funds invested by sponsored affiliates, which will be paid by the company down to level 2 of sponsorship (using a unilevel model):
• Level 1 (personally sponsored affiliates) – 4%
• Level 2 – 2%
To supplement that money that’s earned here, affiliates also have the chance to earn on referral commissions.
Referral commissions are paid using a unilevel system, with affiliates earning them as they recruit other individuals that also choose to invest in the company.
Commissions on level one recruits pay 4%, with level two members only paying 2%.
Cost To Join BitCase
If you’re at all interested in becoming an affiliate for BitCase, you do have the option to join the company’s membership for free.
However, if you want to participate with the income opportunity at hand, you’ll need to make an investment of 0.005 BTC or more.
Is Bitcase Actually Legit Or A Scam?
Bitcase is actually legit and not a scam.However to be successful in bitcase 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 BitCase
Here we have an opportunity where affiliates are asked to invest bitcoin to earn a daily ROI that’s supposedly fined through “the mining and trading of crypto currency bitcoin.”
This is a story that’s told time and time again throughout the MLM underbelly, and just like so many other opportunities, there really isn’t any trading activity taking place with BitCase.
Instead, the only money coming into the company is through that of affiliate investments.
Newly invested funds come in, they’re given to existing members to pay ROIs that are owed to them, and as such, BitCase turns into a Ponzi scheme.
The anonymous admin(s) running BitCase will benefit the most from the company, with most everyone else pretty much guaranteed to lose out.
Either BitCase found the holy grail of investment opportunities or something fishy is happening…
The truth is newly invested funds are paying off existing members and they can promise those ROI’s for a short period of time…
That’s until recruitment slows down of course then goodbye to ROI’s….
I hope you enjoyed my BitCase Review and if you have any questions please leave them in the comments below…