Bitcoin Funding Team Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Bitcoin Funding Team is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Bitcoin Funding Team, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Bitcoin Funding Team as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Bitcoin Funding Team in my Bitcoin Funding Team Review – now you can learn all you need to know about it.
Is Bitcoin Funding Team really a legit business?
Is Bitcoin Funding Team a safe business to join?
Let me show you in my review of Bitcoin Funding Team.
Exactly What Is Bitcoin Funding Team?
After going through the official website for Bitcoin Funding Team, it’s quite obvious what kind of company we’re dealing with here.
The site is home to hardly any background information, meaning that you won’t find any mention of who owns the business, where in the world it’s based out of, who founded it, etc. This is all information that you should come to expect and look for whenever dealing with a new business venture, so the lack of it with Bitcoin Funding Team is rather troubling to say the least.
Along with this, I also noticed that the domain name registration doesn’t offer much info either.
It’s visible that the domain was first registered on February 3 of this year (2017), but the private nature of it means that there’s no way of knowing who the owner is or where they were located when the registration took place.
Despite this lack of information, I was able to find out that Bitcoin Funding Team’s website is being hosted on a server with the address of “2forsuccess.com.”
For those that don’t remember, 2ForSuccess was an MLM opportunity offering access to a “blog mastery” course back in late 2016. That company has since flopped, and affiliates that were previously with it are now doing a lot of advertising for Bitcoin Funding Team.
Furthermore, those affiliates indicate that a man by the name of Thomas Dluca is the current founder and admin for the company.
After doing a bit of research on Mr. Dluca, I found out that he was previously acting as an affiliate for Magic 10 Marketing and Fund My Cause — pyramid and cash gifting schemes respectively.
My assumption is that Thomas realized he could do better as an admin for an MLM scam rather than as an affiliate, and this realization is what prompted him to go about with the launch and creation of Bitcoin Funding Team.
What Is The Bitcoin Funding Team Product Line?
As you might be able to guess already, there isn’t anything to talk about at all when it comes to Bitcoin Funding Team’s product line.
There’s simply nothing being sold to retail customers, and this means that there isn’t any chance for retail sales to take place. This is never a good sign when dealing with MLM, and it’s usually a sure bet that a company like this is operating in the MLM underbelly in some fashion.
What Can You Tell Me About The Compensation Plan For Bitcoin Funding Team?
Moving along to the compensation plan side of things, affiliates for Bitcoin Funding Team earn money by gifting bitcoin to one another through the use of a 2×5 matrix setup.
The matrix first gets started in level 1 in which affiliates gift 0.1 BTC to the person that originally recruited them to join Bitcoin Funding Team. The members that gift this money are then able to get the same amount from two other members that they then recruit to join, and the other four levels work out in a very similar fashion —
- Affiliates in level 2 gift 0.2 BTC in order to get the same amount from four other members
- Affiliates in level 3 gift 0.4 BTC in order to get the same amount from eight other members
- Affiliates in level 4 gift 1 BTC in order to get the same amount from sixteen other members
- Affiliates in level 5 gift 2 BTC in order to get the same amount from thirty-two other members
What Will It Cost To Join Bitcoin Funding Team?
A minimum gift payment of 0.1 BTC is required in order to get started with the matrix gifting system that Bitcoin Funding Team is advertising, but you’ll need to increase that payment to as much as 3.7 BTC if you really want to get active with everything that the company has to offer.
Is Bitcoin Funding Team A Scam?
If you have heard that Bitcoin Funding Team is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Bitcoin Funding Team a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My Bitcoin Funding Team Review
Bitcoin Funding Team is trying to position itself as a company in which affiliates make donations between one another in order to fund various causes among members, but in reality, this is not what’s happening whatsoever.
Affiliates for Bitcoin Funding Team gift money to one another with the expectation that they’re going to get something in return, and this results in the opportunity functioning as a cash gifting scheme.
Like all cash gifting schemes that have come and gone before Bitcoin Funding Team, this one will only be around as long as people continuously join and make their gift payments,
Once this activity dies down though, Bitcoin Funding Team will be no more. Dluca will reap most of the rewards and everyone else will lose out,
In other words, don’t waste your time with this one.
I definitely hope you have found value in my Review of Bitcoin Funding Team.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with Bitcoin Funding Team, make sure you take the time to learn how to market yourself!
My training below can help you with that.