BitLuna Review – Is This A Good Opportunity Or Big Scam?
BitLuna has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling BitLuna.
I have simply gathered for you all the facts in this BitLuna Review in order for you to make a proper decision about it.
So, is it true? Is BitLuna a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is BitLuna?
In this review, I’m going to be taking a look at the MLM opportunity by the name of “BitLuna.”
BitLuna has been causing for some talk in the world of multi-level marketing as of late, and I decided that this would be the perfect time to take a look into the company to see just what it is that it has to offer and bring to the table.
After briefly glancing through the official website for BitLuna, it was quite apparent what sort of company we’re dealing with.
The BitLuna website is very scarce in regards to background information that’s available, with now indication at all in regards to who owns or runs the company as a whole.
The website’s domain name “bitluna.org” was registered on November 14th, 2016, and due to the private nature of the registration, there’s no indication at all in regards to where it took place or who the owner of the domain is.
However, despite these rather annoying roadblocks, I was able to come to the conclusion that the anonymous person that’s running BitLuna is also the owner of both LunaWallet and MiteFX.
LunaWallet is an online tool that is used to store and collect LunaCoins that are mined through the BitLuna income opportunity, and MiteFX is used as an internal exchange for the whole operation.
Just like the BitLuna website, the domain registrations for the LunaWallet and MiteFX websites are set to a private state – reinforcing the idea that the person behind these companies is doing everything in their power to remain as anonymous as possible.
There is a voiceover that’s present on the BitLuna website, and during this voiceover, it’s sated that the company is registered somewhere in the United Kingdom. However, hopping over to the Terms of Conditions that are present on the LunaWallet website, you’ll see the following message –
“LunaWallet is an online payment processor, registered and domiciled in the country of Seychelles, and are bound by the legal requirements of Seychelles.”
With those two tidbits of contradicting information in mind, I think it’s pretty safe to say that BitLuna isn’t actually present in either of these two countries.
What Are The Products For BitLuna?
Not all that surprising for a company along these lines, BitLuna is an MLM opportunity without any sort of product line in place at all. Nothing is being sold or marketed to retail customers, and this creates for a situation in which there isn’t any retail sales activity whatsoever.
Once someone does decide to become an affiliate for BitLuna, they are then given the opportunity to invest in “Ad Packs” that the company sells. It’s required to invest in these Ad Packs in order to participate in the income opportunity that BitLuna is offering, but that’s not all these Ad Packs come with.
Each Ad Pack also comes bundled with a pile of advertising credits, and these credits can then be redeemed to create custom ads that are then viewed by other affiliates within the company.
What Is The Compensation Plan For BitLuna?
When an affiliate invests money into these Ad Packs, they are investing on the opportunity to earn an ROI of 130%.
Every Ad Pack that’s invested in costs $10 each, and the rate at which the ROI is paid out is between 0.01% and 2% each day. However, if an affiliate fails to click on all of the ads that the company sends to them (advertisements created by other affiliates with their ad credits), they will only get half of the ROI that they otherwise would.
Also worth noting is that once affiliates hit that ROI mark of 130%, they must then choose to either withdraw the money or reinvest it back into the company once again.
Choosing to withdraw the cash does allow affiliates to take it out of the BitLuna system and use it for whatever they’d like, but doing so will also decrease the daily ROI rate. However, choosing to reinvest right away will keep your ROI secure and steady.
Referral commissions are offered to affiliates on top of these direct ROIs, and these payments are handled through the use of a unilevel payment system.
This setup pays affiliates up to five different levels of recruitment, with affiliates earning a certain percentage of the funds the their personally recruited members invest into BitLuna.
What’s Does It Cost To Join BitLuna?
While the initial membership for the affiliate program is free with BitLuna, you’ll need to pay at least $10 for one Ad Pack in order to start earning money with your affiliate program.
Is BitLuna A Scam?
Have you heard from a friend that BitLuna is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about BitLuna – is it a scam or legit?
Good news – BitLuna is not really a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
BitLuna Review Conclusion
In the case of BitLuna, we’re looking at an MLM opportunity with no product line, affiliate investments are the only identifiable source of income, and affiliates are asked to invest piles of money into things called LunaCoins that are nothing more than a form of cryptocurrency that’s entirely worthless in the real world.
Put into other words, BitLuna is operating as a form of adcredit Ponzi scheme.
BitLuna is trying to sell the idea that the LunaCoins are actually shares of the company, by saying that “Investing money and buy our shares, along with each share you will receive a Certificate of Investment that will guarantee your earnings for unlimited time.”
No matter how the company is trying to sell it, this is a setup that will see most people losing out in the long haul.
BitLuna will eventually collapse due to a lack of recruitment and investment, and at this point in time, the company will then be faced with a complete collapse of its operations.
The anonymous admin(s) behind BitLuna will make off with most all the money that’s invested into it, and that’s going to be the only real winner(s) of this deal.
I sure hope that you have found my BitLuna review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my BitLuna review to have all the information for you.
If you decide to carry forward with BitLuna, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.