BBC Token supplies no info on its web site about who owns or runs the enterprise.
BBC Token’s web site area (“bbctoken.app”) was privately registered on July seventeenth, 2019.
As all the time, if an MLM firm is just not overtly upfront about who’s working or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
BBC Token’s Merchandise
BBC Token has no retailable services or products, with associates solely in a position to market BBC Token affiliate membership itself.
BBC Token’s Compensation Plan
BBC Token associates obtain an app, and put money into BBC Tokens on the promise of an marketed return.
BBC Token funding quantities are $10 to $10,000, paid in both bitcoin or ethereum.
Word that there’s a $50 payment charged on every funding, of which as much as 50% could be paid in already acquired BBC Tokens.
As soon as invested in, BBC Token associates obtain a 0.6% day by day return on their app BBC token steadiness for three hundred and sixty five days.
Word that returns are paid in BBC Tokens.
Referral commissions are additionally obtainable on funds invested by referred associates.
BBC Token pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel crew, with each personally recruited affiliate positioned instantly below them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel crew.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
BBC Token caps referral commissions down twenty-five unilevel crew ranges as follows:
- recruit one affiliate investor and earn a ten% referral fee on stage 1 (personally recruited associates)
- recruit two affiliate buyers and earn 10% on stage 1 and 5% on stage 2
- recruit three affiliate buyers and earn 10% on stage 1, 5% on stage 2 and three% on stage 3
- recruit 4 affiliate buyers and earn 10% on stage 1, 5% on stage 2, 3% on stage 3 and a couple of% on stage 4
- recruit 5 affiliate buyers and earn 10% on stage 1, 5% on stage 2, 3% on stage 3, 2% on stage 4 and 1% on stage 5
- recruit six affiliate buyers and earn 10% on stage 1, 5% on stage 2, 3% on stage 3 2% on stage 4 1% on stage 5 and 0.5% on ranges 6 to 10
- recruit seven affiliate buyers and earn 10% on stage 1, 5% on stage 2, 3% on stage 3, 2% on stage 4, 1% on stage 5, 0.5% on ranges 6 to 10, 0.2% on ranges 11 to fifteen and 0.1% on ranges 16 to 25
As with day by day returns. BBC Token pays referral commissions in BBC Tokens.
Becoming a member of BBC Token
BBC Token affiliate membership is free however tied to the obtain of their app.
Full participation within the hooked up revenue alternative requires a minimal $10 funding.
Conclusion
BBC Token is one more entry into the MLM cellular app token Ponzi area of interest.
BBC tokens themselves are nothing greater than an ERC-20 token, which anybody can create in 5 minutes.
BBC Token generates BBC tokens on demand, and distributes them as day by day returns and commissions at little to no value.
The Ponzi nature of the enterprise is performed by way of the app.
By BBC Token’s app, affiliate buyers hand over actual cash for BBC Tokens.
BBC Token units an inner BBC token worth. As a result of BBC tokens aren’t publicly tradeable;
BBC not obtainable to buy by way of any platforms.
The worth BBC Token units isn’t primarily based on provide and demand. It’s completely arbitrary.
BBC Token’s admins set the worth of BBC tokens to create the phantasm of worth the place there’s none.
By the app, BBC Token associates put in withdrawal requests. BBC Token honors these requests, paying them out with beforehand invested funds.
As investor recruitment inevitably dwindles, so too do invested funds.
Inevitably BBC Token withdrawals will exceed new funding, which is able to ship the corporate in the direction of collapse.
Arithmetic ensures the nearly all of members in a Ponzi scheme will lose cash.
The most important MLM app pockets Ponzi scheme in the meanwhile is Cloud Token.
Pending a month of endless guarantees, admin Ronald Aai lastly confirmed earlier this week that, going ahead, the corporate will now not be paying out withdrawal requests.
For essentially the most half Cloud Token associates are nonetheless in denial.
By the point they settle for they’ve been scammed, it’ll in fact be far too late.
The take-away for potential BBC Token associates is that they too will ultimately discover themselves in the identical place.