BitFund4U offers no details about who owns or runs the corporate on their web site.
The BitFund4U web site area (“bitfund4u.com”) was registered on March twentieth, 2019.
As all the time, if an MLM firm isn’t brazenly upfront about who’s working or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
BitFund4U Merchandise
BitFund4U has no retailable services or products, with associates solely capable of market BitFund4U affiliate membership itself.
The BitFund4U compensation Plan
New BitFund4U associates present bitcoin to present associates.
This in flip qualifies them to obtain bitcoin gifting funds from subsequently recruited associates.
Upon signing up by way of an affiliate referral hyperlink, BitFund4U associates are given an inventory of ten bitcoin addresses to ship 0.005 BTC to.
As soon as these funds have been verified, the affiliate is given their very own BitFund4U referral hyperlink.
This hyperlink accommodates an inventory of ten BitFund4U associates, with the newly recruited affiliate’s bitcoin pockets deal with on the backside.
If the affiliate recruits new associates themselves, these associates obtain their very own web site checklist.
On that checklist the recruiting affiliate is positioned ninth within the checklist.
On this method a BitFund4U affiliate is ready to obtain 0.005 BTC gifting funds down eight ranges of recruitment.
Notice that funds on every degree are capped, suggesting a 2×8 matrix is getting used to trace funds.
- degree 1 – 2 funds
- degree 2 – 4 funds
- degree 3 – 8 funds
- degree 4 – 16 funds
- degree 5 – 32 funds
- degree 6 – 64 funds
- degree 7 – 128 funds
- degree 8 – 256 funds
Notice the primary two positions on each BitFund4U affiliate web site are admin positions.
Becoming a member of BitFund4U
BitFund4U affiliate membership is tied to 10 0.005 BTC gifting funds.
Conclusion
The outdated gifting scheme chain letter, tailored for on-line use.
Regardless of being as outdated because the web, BitFund4U claims its gifting mannequin is a ‘very distinctive and new idea‘.
This isn’t a MLM or Cash chain program.
Initially, This method is 100% authorized and 1000% profitable.
It isn’t a Rip-off or Fraud means of creating Cash.
In an effort to flip the above lies into factual statements, simply substitute each “isn’t” with “is”.
Gifting schemes final for so long as new gullible individuals signal as much as them. As soon as recruitment stops so do the gifting funds, prompting a collapse.
At any given time, the most important group in a gifting scheme are those that haven’t recovered their preliminary gifting funds.
This group (the vast majority of contributors), are assured to lose their cash when the scheme inevitably collapses.
That a lot I can 10,000% promise you.