GB21 Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that GB21 is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about GB21, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting GB21 as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about GB21 in my GB21 Review – now you can learn all you need to know about it.
Is GB21 really a legit business?
Is GB21 a safe business to join?
Let me show you in my review of GB21.
Get started by reading my review below.
Exactly What Is GB21?
In the case of GB21, we’re looking at an MLM opportunity that makes a very poor first impression.
Despite looking as much as I could, I was unable to find any mention of who owns GB21, where it’s based out of, when it first launched, or anything of this sort. All of this is important information that any potential affiliate should be aware of, and GB21 doesn’t offer any of it.
The domain name for the website (gb21.com) was originally registered on May 9 of 2012. However, the domain was recently updated on January 10, 2018 — likely when the current owners took charge of it.
GB21 markets mining packages for the altcoin MCAP, and if that sounds familiar, that’s because it was first introduced with the Gain Bitcoin Ponzi scheme.
Gain Bitcoin launched last year in mid-2017, and it allowed members to earn a 10% monthly ROI by investing as much as 13.75 BTC into the company.
However, the big catch here was that affiliates received the ROI in the form of MCAP.
Thanks to a dying interest from members, GB21 eventually collapsed a few months later in November of 2017.
At its highest point, MCAP was trading for nearly $7. Today, it’s going for just 27 cents.
Behind this whole setup was Amit Bhardwaj. Bhardwaj has popped up from time to time in the MLM underbelly, and it’s safe to say that he’s also responsible for GB21.
Reports coming out of India currently suggest that he’s being searched for by authorities in the area, and that certainly doesn’t look good for GB21’s future.
What Is The GB21 Product Line?
In regards to the product line GB21 is bringing to the table, there’s not much of anything to see.
There aren’t any goods or services being marketed or sold to retail customers, and because of this, it’s impossible for there to be any retail sales activity.
The only thing affiliates can offer to individuals is the income opportunity that’s attached to the membership,and while income opportunities are fine to have in the MLM world, trouble usually occurs when these are offered without an accompanying product line.
What Can You Tell Me About The Compensation Plan For GB21?
Should you choose to join GB21, you’ll be asked to invest up to $450,000 so you can earn on a monthly ROI up to 25%.
GB21 has a few different investment tiers that you can choose from, with these working out as follows:
- Basic — $100 investment
- Starter — $500 investment
- Promotor — $1000 investment
- Recruiter — $5000 investment
- Manager — $10,000 investment
- Silver — $47,000 investment
- Gold — $95,000 investment
- Diamond — $232,500 investment
- Titanium — $450,000 investment
Once you invest money, you’ll earn varying percentages over the course of 12 months.
- Earn 10% per month for months 1 through 4
- Earn 15% per month for months 5 through 8
- Earn 25% per month for months 9 through 12
As if that wasn’t enough, GB21 has more ways for affiliates to earn, too.
There’s a 5% direct referral commission you can earn for each member you personally enlist to join GB21, and residual commissions are also offered thanks to a binary system that’s used.
What Will It Cost To Join GB21?
The membership for GB21 is actually free to join, but if you want to earn any money with the compensation plan, you’ll need to invest between $100 and $450,000.
Is GB21 A Scam?
If you have heard that GB21 is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is GB21 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 GB21 Review
At the end of the day, GB21 is nothing more than a pretty typical Ponzi scheme.
There’s no product line, affiliates join by investing money, and they’re incentivized to get as many other people to do the same thing.
Bhardwaj has proven himself to be a snake in this industry multiple times before, and as such, it’s easy to recommend staying away from anything he’s involved with.
Unless you’re keen on the idea of losing hundreds or thousands of dollars, I’d highly recommend steering clear of GB21.
I definitely hope you have found value in my Review of GB21.
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 GB21, make sure you take the time to learn how to market yourself!
My training below can help you with that.