The Bitcoin Frontiers web site offers no details about who owns or runs the corporate.
In actual fact the web site itself is nothing greater than an e-mail seize touchdown web page.
Guests to the Bitcoin Frontiers web site by an affiliate referral hyperlink, are informed they’ll make “$1000+ A DAY with bitcoin”.
The Bitcoin Frontiers web site area (“bitcoinfrontiers.com”) was privately registered on October 14th, 2018.
Additional analysis reveals that just a few months in the past, Clay Montgomery was looking for a freelancer artist to create logos for Bitcoin Adventurer and Crypto Mastery.
These are the 2 buy-in gifting tiers for Bitcoin Frontiers.
This lead me to substantiate Clay Montgomery is behind Bitcoin Frontiers, and apparently he’s working with Franco Gonzalez.
Clay Montgomery (proper) first appeared on BehindMLM’s radar in 2017, as admin of the short-lived Velocity Feeder Ponzi cycler.
Exterior of his personal launches, Montgomery is a serial promoter of assorted MLM underbelly scams. These embrace Digital Altitude and Exitus Elite.
Judging from Bitcoin Frontiers bitcoin theme, it appears now Montgomery is targeted on cryptocurrency scamming.
Replace seventh April 2019 – Whereas Clay Montgomery represents he’s based mostly out of Oklahoma within the US on his private social media profiles, seems he’s relocated to the Philippines.
Montgomery moved to the Philippines to fulfill an area he met on-line on or round December, 2018.
Observe the above video has since been deleted or marked as non-public.
I used to be in a position to verify nevertheless that as of March thirty first, 2019, Montgomery remains to be residing in Quezon Metropolis, Philippines (in or round Eastwood Metropolis). /finish replace
Franco Gonzales (proper) first featured on BehindMLM in 2011, as a part of the AutoXTen Ponzi cycler collapse fallout.
On the time Gonzales was working carefully with Jeff Lengthy, resulting in the launch of the SMS Dailys pyramid scheme shortly after AutoXTen’s collapse.
Nowadays Gonzales markets the varied schemes he’s in by his “Franco Easy Freedom” workforce.
Learn on for a full evaluation of the Bitcoin Frontiers MLM alternative.
Bitcoin Frontiers Merchandise
Bitcoin Frontiers has no retailable services or products, with associates solely in a position to market Bitcoin Frontiers affiliate membership itself.
Bitcoin Frontiers affiliate membership offers entry to 2 cryptocurrency programs:
- Bitcoin Adventurer for $350 and
- Crypto Mastery for $1250.
As of late February, Bitcoin Frontiers was accepting $1250 funds for Crypto Mastery regardless of the course having no content material.
The Bitcoin Frontiers Compensation Plan
Bitcoin Frontiers associates join and present bitcoin funds of as much as $1250 to an present Bitcoin Frontiers affiliate.
This fee in flip qualifies the affiliate to obtain gifting funds from subsequently recruited Bitcoin Frontiers associates.
Gifting funds inside Bitcoin Frontiers are $250 and $1250.
Funds are made in bitcoin and tracked by way of a perpetual pass-up mannequin. This mannequin is tracked by way of a unilevel workforce.
Since Bitcoin Frontiers is a gifting scheme, $250 and $1250 funds move between affiliate members.
The pass-up mannequin sees the second gifting fee obtained on both tier handed up. Then the fourth and each fifth gifting fee thereafter.
Observe that the $250 and $1250 funds function as separate tiers.
If a Bitcoin Frontiers affiliate has not gifting in $1250, any $1250 gifting funds by these of their downline are mechanically handed as much as the primary $1250 tier certified upline.
Becoming a member of Bitcoin Frontiers
Bitcoin Frontiers affiliate membership is free.
To take part within the hooked up MLM alternative nevertheless, $1250 in gifting funds plus a $100 admin payment is required.
Observe that each one funds inside Bitcoin Frontiers (each paid and obtained) are in bitcoin.
Conclusion
That Bitcoin Frontiers is your typical old skool gifting scheme shouldn’t come as a shock, given how lengthy these behind it have been operating and taking part in MLM underbelly scams.
In essence, you join $350, and both present in an extra $1250 later or simply get it over and performed with for $1350 outright.
Of the $1350 you present in, $100 is stored by Clay Montgomery and Franco Gonzales. The remaining $1250 is presented to present Bitcoin Frontier associates.
Slightly than confer with Bitcoin Frontiers for what it’s, an unlawful money gifting scheme, the corporate touts “100% commissions”.
Be among the many first associates to share our model new 2019 Bitcoin academic package deal and Earn 100% Commissions, paid Immediately, direct to YOUR private Bitcoin pockets!
“100% commissions” has lengthy been code amongst MLM underbelly circles for gifting.
Apparently funds inside Bitcoin Frontiers are being processed by Coin Funds.
Coin Funds lately featured on BehindMLM, after Energy Bot admin Aidan Parr blamed them for the collapse of his Ponzi scheme.
As I perceive it Coin Funds have said they’re now not accepting bot-based Ponzi schemes after the Energy Bot collapse. Nevertheless they don’t appear to have an issue with unlawful gifting schemes like Bitcoin Frontiers.
It is likely to be a bit too early to name it, however evidently Coin Funds is rising as the brand new darling crypto processor for the MLM underbelly. Properly, at the least till authorities meet up with them (assume Liberty Reserve, Payza and whoever is subsequent).
However I digress. Bitcoin Frontiers being a gifting scheme means those who get in early and recruit will make a lot of the cash.
As soon as recruitment inevitably dies, that’ll be the tip of it.
Arithmetic ensures that to ensure that your Clay Montgomerys, Franco Gonzales’, Ari Maccabis, Mack Mills’, Michael Mansells and different serial scammers to earn a living, nearly all of Bitcoin Frontiers associates must lose it.
Your greatest guess at that time can be to method Coin Funds and demand a refund, though I don’t like your probabilities.