Bitflow Asset supplies no info on its web site about who owns or runs the corporate.
Bitflow Asset’s web site area (“bitflowasset.com”) was privately registered on September eighth, 2020.
A advertising and marketing video on Bitflow Asset’s web site options some man standing infront of a greenscreen.
The video offers off a robust Fiverr actor vibe, as a result of that’s precisely what it’s:
In an try to seem reliable, Bitflow Asset supplies a UK incorporation certificates on its web site.
Bitflow Investments 427 Restricted was integrated again in 2015. Whether or not it has something to do with Bitflow Belongings is unclear.
In any occasion, UK incorporation is grime low cost and successfully unregulated. It’s a favored jurisdiction for scammers seeking to incorporate dodgy corporations.
For the aim of performing MLM due-diligence, UK incorporation is meaningless.
As at all times, if an MLM firm will not be brazenly upfront about who’s operating or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
Bitflow Asset’s Merchandise
Bitflow Asset has no retailable services or products, with associates solely in a position to market Bitflow Asset affiliate membership itself.
Bitflow Asset’s Compensation Plan
Bitflow Asset associates make investments bitcoin on the promise of marketed returns:
- One Time – make investments $50 to $500 and obtain 105% after 24 hours
- Digital – make investments $500 to $1500 and obtain 110% after 48 hours
- Optimistic – make investments $1500 to $3000 and obtain 115% after 72 hours
- Mighty – make investments $3000 to $4000 and obtain 120% after 96 hours
- VIP A – make investments $4000 to $5000 and obtain 125% after 50 hours
- VIP B – make investments $5000 to $6000 and obtain 110% after 5 hours
- VIP C – make investments $7000 to $12,000 and obtain 112% after 5 hours
- VIP D – make investments $12,000 to $1,000,000 and obtain 110% after 12 hours
Bitflow Asset pays referral commissions on invested funds down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 6%
- degree 2 – 3%
- degree 3 – 1%
Becoming a member of Bitflow Asset
Bitflow Asset affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $50 funding.
Be aware that though USD is cited, all funds inside Bitflow Asset look like made in BTC equivalents.
Conclusion
Bitflow Asset is your typical MLM crypto Ponzi scheme.
Associates join, make investments and hope to withdraw subsequently invested funds.
Exterior of being an apparent Ponzi scheme, Bitflow Asset’s enterprise mannequin additionally fails the Ponzi logic check.
If Bitflow Asset’s nameless proprietor(s) have been in a position to legitimately generate a constant 10% every day ROI, what do they want your cash for?
Because it stands the one verifiable income coming into Bitflow Asset is new funding.
Utilizing new funding to pay marketed returns makes Bitflow Asset a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will depart Bitflow Asset unable to pay ROI withdrawal requests, finally prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, the vast majority of contributors lose cash.