Business Bot Incubator Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Business Bot Incubator is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Business Bot Incubator, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Business Bot Incubator as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Business Bot Incubator in my Business Bot Incubator Review – now you can learn all you need to know about it.
Is Business Bot Incubator really a legit business?
Is Business Bot Incubator a safe business to join?
Let me show you in my review of Business Bot Incubator.
Exactly What Is Business Bot Incubator?
Business Bot Incubator is the latest company that’s up for my full review, and right off the bat, I wasn’t met with the best first impression upon visiting their official website.
The company has made the decision to not provide any sort of background information on their site, so things like who’s running the company, who owns the business, and where in the world it’s located are all completely omitted.
This is something that I’ve been seeing more and more often with many other new MLM opportunities out there, and these often turn out to be nothing more than schemes of some sort.
As for the amount of traffic that the Business Bot Incubator website receives, about 100% of it comes entirely from Ukraine. Combine this with the fact that the default language for the website is in Russian, and it doesn’t take long to make a fair assumption that whoever is running the company is located somewhere in the country of Ukraine.
There is something interesting placed on the Business Bot Incubator website, and it has to do with the fact that there’s a certificate displayed showing that they are incorporated as “Business Bot Incubator LTD.”
I did some further research into this, and according to the UK Companies House, Business Bot Incubator was first incorporated on October 7th, 2016.
Someone by the name of Ben Nolan is listed as the sole Director for the company, and he supposedly resides at an address that’s located in Manchester, UK.
This peeked my interest considering the fact that Business Bot Incubator appears to be located in Ukraine, and after conducted further research into this, I was able to find that the address provided is actually one that belongs to 30 other companies.
This strongly suggest that Business Bot Incubator only exists in the United Kingdom for the namesake, and the same can be said about Ben Nolan. From what I was able to tell, Ben Nolan doesn’t actually exist and was simply used as a common name to associate with the company.
The domain name for the Business Bot Incubator website was initially registered on October 5th of 2016, and it’s riddled with the same falsified information that’s present with the company’s incorporation. None of this is good to see, and it all points to the fact that there’s something mighty fishy going on with the company as a whole.
What Is The Business Bot Incubator Product Line?
When looking at the product line that Business Bot Incubator is offering, there’s actually not a lot to talk about at all. This is because the company decided to not include any sort of product line with their business model, and although this is also something that’s occurring more and more often in the MLM world, it’s something that needs to be stopped sooner rather than later.
When a company decides to omit the use of a product line, they’re essentially killing off any potential for retail sales to take place. With retail sales not having any chance to exist at all, that means the only source of income that the company is getting is likely coming from the investments of their affiliates.
This is a recipe that often creates for a Ponzi scheme of some sort, and judging by all of the information I’ve discovered so far, it wouldn’t be all that surprising if that turned out to be the case for this particular opportunity.
What Can You Tell Me About The Compensation Plan For Business Bot Incubator?
Moving on the compensation plan that Business Bot Incubator is using, we’re met with a system in which affiliates set out to invest between $5 and $500 a pop into the company with the promise that they’ll be able to receive a daily ROI between 1% and 2%.
There are three different investment levels available, and they include the following –
- Test Bot – Investments between $5 and $50 results in earning a daily ROI of 1% for 15 days on top of the amount that was initially invested for a total ROI of 115%.
- Power Bot – Investments between $51 and $100 results in earning a daily ROI of 1.5% for 30 days on top of the amount that was initially invested for a total ROI of 145%.
- Ultimatum Bot – Investments between $101 and $500 results in earning a daily ROI of 2% for 45 days on top of the amount that was initially invested for a total ROI of 190%.
All of the investments and transactions that take place within Business Bot Incubator are handled through the use of bitcoin, and they’re also coordinated inside the Telegram messaging service.
Business Bot Incubator also offers referral commissions in addition to the direct ROIs, and the amount of these commissions is anywhere between 5% and 10%.
The company’s website doesn’t offer any specifics as to how these percentages are obtained, but convincing an affiliate to invest more than $3000 will result in the recruiting affiliate being able to earn a referral commission of 15%.
What Will It Cost To Join Business Bot Incubator?
If you’re for some reason interested in becoming an affiliate for Business Bot Incubator, the affiliate membership itself is free. However, the free membership level will only make you eligible to earn the referral commissions that are available.
In order to full get involved with all of the potential earnings that are available, you’ll need to make an investment between $5 and $500 into the company.
Is Business Bot Incubator A Scam?
If you have heard that Business Bot Incubator is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Business Bot Incubator 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 Business Bot Incubator Review
In the case of Business Bot Incubator, we’re left looking at something that’s incredibly similar to the way that Lara With Me operated.
Lara With Me was a Ponzi scheme that used the Telegram messaging platform to solicit money from people, and it did this by promising them an ROI based off of their investment.
That company was also based out of Russia, and with no product line either, the company’s act of using newly invested funds to pay off existing affiliates resulted in them operating as nothing more than a Ponzi scheme.
Lara With Me had their access to Telegram’s API revoked either on or around the date of October 10th, and from what I’ve been able to tell, Business Bot Incubator is being run by the same people who launched and ran Lara With Me.
They liked started getting this company ready once they caught wind that they were going to be shut down by Telegram, and they then created another scheme under a different name to go about doing the same general thing.
However, now that Telegram knows what to look for with these kinds of things, it likely won’t take as long for Business Bot Incubator to run into the same trouble that Lara With Me did.
This is a scam that will try to steal a lot of money, the majority of people who get involved will end up losing out, and the use of bitcoin means that it’ll be virtually impossible to recover any lost funds.
In other words, do what you can to avoid this one at all costs.
I definitely hope you have found value in my Review of Business Bot Incubator.
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 Business Bot Incubator, make sure you take the time to learn how to market yourself!
My training below can help you with that.