BNBBusiness gives no info on its web site about who owns or runs the corporate.
BNBBusiness’ web site area (“bnbbusiness.org”) was privately registered on August 1st, 2021.
At time of publication there seems to be an issue with BNBBusiness’ web site.
Makes an attempt to load the location get caught on a loading icon:
Alexa site visitors evaluation reveals 90% of site visitors to BNBBusiness’ web site originates from the US.
This strongly suggests BNBBusiness has admin ties to the US.
As at all times, if an MLM firm is just not overtly upfront about who’s working or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
BNBBusiness’ Merchandise
BNBBusiness has no retailable services or products.
Associates are solely in a position to market BNBBusiness affiliate membership itself.
BNBBusiness’ Compensation Plan
BNBBusiness associates make investments 0.1 to 10 binance coin (BNB), on the promise of an unspecified passive return.
What we do know is BNBBusiness restricts withdrawals, based mostly on how a lot is invested:
- make investments 0.1 to 0.99 BNB and you’ll be able to withdraw 60% of earnings, 40% should be reinvested
- make investments 1 to three.99 BNB and you’ll be able to withdraw 50% of earnings, 50% should be reinvested
- make investments 4 to 9.99 BNB and you’ll be able to withdraw 60% of earnings, 40% should be reinvested
- make investments 10 BNB or extra and you’ll be able to withdraw 70% of earnings, 30% should be reinvested
A further 5% payment is charged on all BNBBusiness withdrawals.
The MLM aspect of BNBBusiness pays on recruitment of affiliate traders.
Referral Commissions
BNBusiness pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel staff, with each personally recruited affiliate positioned straight below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
BNBBusiness caps payable unilevel staff ranges at six.
Referral commissions are paid as a share of BNB invested:
- degree 1 (personally recruited associates) – 20%
- degree 2 – 10%
- ranges 3 to six – 5%
Notice to earn on ranges 3 to six a BNBBusiness affiliate should personally recruit 4 associates.
Recruited associates will need to have invested to depend in the direction of qualification.
Straight Line Commissions
BNBBusiness associates obtain a 1% match on twenty upline ranges and thirty downline ranges.
- make investments 0.1 BNB and obtain straight line commissions on ten upline ranges and fifteen downline ranges
- make investments 0.2 BNB and obtain straight line commissions on twelve upline ranges and eighteen downline ranges
- make investments 0.4 BNB and obtain straight line commissions on fourteen upline ranges and twenty-one downline ranges
- make investments 0.6 BNB and obtain straight line commissions on sixteen upline ranges and twenty-four downline ranges
- make investments 1, 4 or 10 BNB and obtain straight line commissions on twenty upline ranges and thirty downline ranges (should recruit 4 investing associates at 1 BNB tier or two investing associates at 4 BNB tier)
This can be a straight line fee, generated based mostly on whoever joined BNBBusiness earlier than and after you (not tied to non-public recruitment).
Becoming a member of BNBBusiness
BNBBusiness affiliate membership is tied to an preliminary 0.1 to 10 BNB funding.
The extra a BNBBusiness affiliate invests the upper their revenue potential.
BNBBusiness Conclusion
BNBBusiness is an easy Ponzi scheme. You make investments BNB, receives a commission backoffice returns and, when the time comes, withdraw subsequently invested BNB.
That is your traditional Ponzi scheme, run by way of a cryptocurrency smart-contract.
The MLM aspect of BNBBusiness pays on pyramid recruitment, as new traders are required to stop BNBBusiness from collapsing. Necessary reinvestment can be designs to delay collapse.
In the end nevertheless, the mathematics behind MLM Ponzi schemes is unsustainable. When affiliate investor recruitment dries up, BNBBusiness can be left unable to pay withdrawal requests.
It will immediate a collapse, ensuing within the majority of BNBBusiness associates dropping cash.