BitCryptoGame gives no info on its web site about who owns or runs the corporate.
BitCryptoGame’s web site area (“bitcryptogame.com”) was privately registered on June fifth, 2019.
Most of BitCryptoGame’s advertising and marketing materials is in Spanish.
Though not conclusive, this means that whoever is working the corporate is from Spain or a Spanish-speaking nation.
As at all times, if an MLM firm will not be overtly upfront about who’s working or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.
BitCryptoGame’s Merchandise
BitCryptoGame has no retailable services or products, with associates solely capable of market BitCryptoGame affiliate membership itself.
BitCryptoGame’s Compensation Plan
BitCryptoGame associates make investments funds on the promise of an marketed 0.5% to 1.8% day by day return, capped at 200%.
- Starter – $75
- Newbie – $250
- Rookie – $500
- Professional – $1000
- Legacy – $1500
- Grasp – $2000
- Supreme – $3000
- Cruel – $5000
- Legendary – $10,000
Investments and returns in BitCryptoGame are made in bitcoin.
Return and fee withdrawals appeal to a 7% charge.
Referral Commissions
BitCryptoGame pays a 10% referral fee is paid on funds invested by personally recruited associates.
Residual Commissions
BitCryptoGame pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary crew, cut up into two sides (left and proper):
The primary stage of the binary crew homes two positions. The second stage of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary crew are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary crew are crammed through direct and oblique recruitment of associates. Word there is no such thing as a restrict to how deep a binary crew can develop.
On the finish of every day BitCryptoGame tallies up new funding quantity on either side of the binary crew.
Associates are paid a ten% residual fee on funding quantity generated on their weaker binary crew facet.
Word that residual commissions are capped primarily based on how a lot an affiliate has invested:
- Starter associates can earn as much as $150 a day
- Newbie associates can earn as much as $500 a day
- Rookie associates can earn as much as $1000 a day
- Professional associates can earn as much as $2000 a day
- Legacy associates can earn as much as $3000 a day
- Grasp associates can earn as much as $4000 a day
- Supreme associates can earn as much as $6000 a day
- Cruel associates can earn as much as $10,000 a day
- Legendary associates can earn as much as $20,000 a day
To qualify for residual commissions, a BitCryptoGame affiliate should recruit two Newbie or greater funding tier associates.
These associates should be positioned on on both facet of the binary crew.
Profession Bonus
BitCryptoGame rewards associates for hitting set gathered funding milestones on their weaker binary facet:
- $5000 generated in your weaker binary facet = $300
- $10,000 generated in your weaker binary facet = $500
- $25,000 generated in your weaker binary facet = $700
- $50,000 generated in your weaker binary facet = $1000
- $75,000 generated in your weaker binary facet = $1500
- $100,000 generated in your weaker binary facet = $3000
- $150,000 generated in your weaker binary facet = $5000
- $250,000 generated in your weaker binary facet = $7500
Becoming a member of BitCryptoGame
BitCryptoGame affiliate membership is tied to a $75 to $10,000 funding in bitcoin.
The extra a BitCryptoGame affiliate invests, the upper their earnings potential.
Conclusion
BitCryptoGame presents the “big online game and gaming business” as entities one can simply deposit cash into, and finally accumulate a 200% ROI.
This makes about as a lot sense as claiming you are able to do the identical with another tournament-based exercise.
Past misappropriating emblems and mental property (instance proper), BitCryptoGame in actual fact has nothing to do with the online game business.
Moreover BitCryptoGame’s enterprise mannequin fails the Ponzi logic check.
If BitCryptoGame’s nameless proprietor was capable of generate a constant 0.5% to 1.8% day by day return by the online game business, what do they want your cash for?
Because it stands the one verifiable income getting into BitCryptoGame is new funding.
Given there’s no firm possession info supplied and BitCryptoGame is representing an apparent sham relationship to the online game business, it’s fairly apparent all they’re doing is recycling invested funds.
That’s utilizing newly invested funds to pay present buyers a 200% return. This in fact makes BitCryptoGame a Ponzi scheme.
Referral and residual commissions add a further pyramid layer to the scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will new funding.
This can starve BitCryptoGame of return income, finally prompting a collapse.
BitCryptoGame’s use of bitcoin implies that when it inevitably collapses, sufferer fund restoration from the scammers behind the corporate shall be just about unattainable.