CrazeBTC Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that CrazeBTC is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about CrazeBTC, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting CrazeBTC as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about CrazeBTC in my CrazeBTC Review – now you can learn all you need to know about it.
Is CrazeBTC really a legit business?
Is CrazeBTC a safe business to join?
Let me show you in my review of CrazeBTC.
Exactly What Is CrazeBTC?
In this review, I’m going to be taking a look at a company by the name of CrazeBTC. CrazeBTC is one of the most recent MLM opportunities to enter the market, and in this case, the company makes a pretty lackluster first impression.
The looks of the CrazeBTC website are fine, but the actual information that’s present here is quite lacking.
The CrazeBTC website doesn’t indicated at all who owns the company, who’s involved on the executive side of things, or where the company is physically based out of – all important info that’s needed to establish a sense of trust and good will with any company.
With the contents of the website not offering anything of value in regards to background info, I took my research over to the domain name registration for the CrazeBTC website. Here, I was able to learn that the domain name was first registered on November 5th of last year (2016).
Unfortunately, due to the private nature of the registration, I wasn’t able to see where the registration took place or who the owner of the domain name is.
With that said, I did find a Facebook group for CrazeBTC that was created by an account with the name of “Iresh Marsov.” I initially thought that I had finally found a legit lead, but after looking closely at this account and seeing that it was only created on November 1st, 2016 (the same date as the domain registration), it’s quite likely that it’s complete bogus.
Bogus account aside, I did see a rather interesting post on it that suggests both CrazeBTC and AmazeBTC have some sort of connection with one another.
The post was published on November 1st, 2016, and for those who aren’t familiar, AmazeBTC is a type of cash gifting scheme that appears to have never really taken off the way its creators were likely hoping.
What Is The CrazeBTC Product Line?
Moving over to the product line that’s being run by CrazeBTC, there really isn’t a whole lot to cover here at all.
Why is this?
CrazeBTC is an MLM opportunity that’s trying to exist in this industry without any sort of product line at all, meaning that nothing is being sold or marketed to retail customers. Retail sales aren’t present here either, with affiliates having access to nothing more than the affiliate membership itself to try and sell to interested individuals.
What Can You Tell Me About The Compensation Plan For CrazeBTC?
Taking a look at the compensation plan being advertised, affiliates for CrazeBTC go about earning money by gifting funds to one another through the exclusive use of bitcoin. All of these payments are sent and received using a 5 x 3 matrix system, with this setup being able to house a total of 155 affiliate positions.
Positions are filled by affiliates as they’re recruited both directly and indirectly, and things get started with the matrix when an affiliate gifts 0.01 BTC to the person that recruited them to join CrazeBTC.
Following the recruiting affiliate receiving this payment, the affiliate that sent it out is then eligible to receive 0.01 BTC from five other affiliates that join level 1 of the matrix system after them.
The other two levels of the matrix system works out in a very similar fashion, with level 2 requiring you to gift 0.03 BTC in order to receive the same amount from twenty-five affiliates, and level 3 having affiliates gift 0.3 BTC if order to be eligible to get the same amount of bitcoin from one hundred and twenty-five other affiliates.
What Will It Cost To Join CrazeBTC?
Interested in becoming an affiliate for CrazeBTC? In order to make this happen, you’ll need to gift at lest 0.001 BTC to the person that recruited you to join the opportunity in the first place.
While this is the bare minimum amount required in order to join, you’ll need to gift a grand total of 0.34 in order to fully participate in everything that’s being offered within the compensation plan.
Is CrazeBTC A Scam?
If you have heard that CrazeBTC is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is CrazeBTC 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 CrazeBTC Review
With all of that said and out of the way, the final word on CrazeBTC is actually quite cut and dry.
This is a company that’s asking affiliates to join by gifting money to one another, and once you gift money to the affiliate that recruited you to join the company, you are then able to receive money from affiliates that join the company after you.
In other words, this is a cash gifting scheme.
As cash gifting schemes tend to go, CrazeBTC will only be around as long as new people continually join and hand over their cash. The company tries to sell the message that “This system is 100% legal and 1000% successful. It is not a Scam or Fraud way of making Money.”
Unfortunately, despite these claims, cash gifting is and alway will be a scam in MLM.
When CrazeBTC does eventually collapse, only the anonymous admin(s) behind the whole thing will earn anything of real value. Most people who get involved will end up losing out on this one, so it’s probably a good idea to avoid it like the plague if you can.
I definitely hope you have found value in my Review of CrazeBTC.
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 CrazeBTC, make sure you take the time to learn how to market yourself!
My training below can help you with that.