Budbo Review – Is This A Good Opportunity Or Big Scam?
Budbo 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 Budbo.
I have simply gathered for you all the facts in this Budbo Review in order for you to make a proper decision about it.
So, is it true? Is Budbo a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is Budbo?
Budbo is one of the many companies in the MLM space that’s using the power of blockchain to create a new opportunity, but the offer being made here is quite a bit different compared to what we’ve seen from other blockchain-using entities.
Cannabis is a big focus for Budbo, and the company is trying to position itself as the “supply chain management for the global cannabis industry.”
More specifically, Budbo describes itself as follows:
“The focus of the Token Sale is to rebuild Budbo in blockchain’s image – Adding a much needed layer of security and transparency within the cannabis industry.
The adoption of the blockchain model will allow the Budbo application to deliver working modular code and a sandbox environment to minimize development time, infrastructure and investment. The application will use an agile design approach and industry-leading Ethereum blockchain technology.
As Budbo’s blockchain application is available via the cloud and compatible with today’s hybrid cloud environment, dispensaries will have the ability to experiment without additional infrastructure expense and get to market faster to a global community of cannabis users.”
You can look through the entire team of people leading Budbo, including the company’s founders and the rest of its executive staff.
Luke Patterson, Jacob Patterson, and Gary Heitz are the three co-founders for Budbo, with each one serving as the President, CTO, and Coo, respectively.
Rick Burnett is Budbo’s CEO, and his corporate bio on the website says the following:
“Rick’s extensive knowledge of mobile technology and logistics makes him a natural fit to lead the Budbo team. Rick spent 15 years researching and developing a mobile-based platform that provides real-time tracking over freight movements. This is the basis of the Budbo Trax feature.”
What Are The Products For Budbo?
On the product line side of things, Budbo’s main offering is its ICO token.
The token went up for crowdsale early this year, but at the time of writing this review, it’s no longer available for purchase. This could change later on down the road, but for the time being, you can’t join as a new member.
Budbo was offering a few different investment tiers during the crowdsale, with the cheapest rate allowing members to purchase tokens for $.20 a piece. At Tier 5, the most expensive tier, folks were asked to pay $0.35 per token.
Budbo sold out of most all of the tiers that were being offered, suggesting that there was a big interest in the tokens when the sale was taking place.
What Is The Compensation Plan For Budbo?
Like with any ICO, Budbo tokens stand to earn you money as they increase in value over time.
ICOs can be awfully risky, and a lot of them often see people losing a lot of money. However, there’s also a good chunk of them that have turned out to be quite profitable.
It’s too early to tell quite yet which direction Budbo will go, but right now, it seems like the company’s off to a decent start.
What’s Does It Cost To Join Budbo?
You can join Budbo by purchasing tokens from the company, but with the crowdsale currently over, the company isn’t accepting new members for the time being.
Is Budbo A Scam?
Have you heard from a friend that Budbo is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about Budbo – is it a scam or legit?
Good news – Budbo is not 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.
Budbo Review Conclusion
It’s always difficult to review MLM opportunities that aren’t accepting new members for whatever reason, but even so, Budbo looks like an interesting and legitimate opportunity that’s trying something new in the MLM space.
There are a lot of smart people leading the business, and at least from what I’m able to see, Budbo’s tokens are off to a good start.
Budbo is certainly targeting a very specific niche, and if you happen to fall into it, it may be worth checking out once the company’s tokens go on sale again in the future.
I sure hope that you have found my Budbo review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my Budbo review to have all the information for you.
If you decide to carry forward with Budbo, 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.