Kryptogenex Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, Kryptogenex has been getting a lot of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends trying to sell Kryptogenex in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for Kryptogenex.
I wanted to gather all the information about Kryptogenex in my Kryptogenex Review in order for you to make a decision about joining Kryptogenex.
Is Kryptogenex legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of Kryptogenex.
Read on to find out what you need to know.
What The Heck Is Kryptogenex?
In the case of Kryptogenex, we’re dealing with an MLM opportunity that fails to offer any sort of background info on its website.
No matter where you look, the site is barren of data relating to who owns Kryptogenex, when it first launched, where in the world it’s based out of, etc.
The domain name (kryptogenex.com) was initially registered on January 16 of 2018, but the private nature of the registration means there’s no way of seeing where it took place or who the domain owner is.
After doing a bit more research, however, it’s possible to start connecting faces to Kryptogenex.
I was able to find a YouTube video called “KryptoGeneX – Meet The Founder” that was uploaded on February 12, 2018 to the YouTube channel “KryptoGeneX.”
Brandon “Bitcoin Brandon” Ivey is an affiliate out of California that hosts the video, and he says that there are five co-founders behind the company, including:
- Stephen McCullough (based out of Oklahoma)
- Jeramie Keen (based out of Hawaii)
- Kathy Keen (based out of Hawaii)
- Will Fjetland (based out of Washington)
- Mike Boggs (based out of Pennsylvania)
Most of these people don’t have any previous involvement in the MLM world, with the exception of Stephen McCullough.
McCullough was formerly a co-founder for SkyBiz, and in 2001, SkyBiz was sued by the FTC for acting as a pyramid scheme. The company eventually settled in 2003, resulting in $20 million in losses that were returned to the 96% of members that were reported to have lost out.
What Are The Kryptogenex Products?
Kryptogenex markets some sort of education platform that reportedly teaches people “everything you need to know about bitcoin and cryptocurrency.”
No other details are given in these regards, but access will set you back a whopping $250.
What About The Compensation Plan For Kryptogenex?
Moving right along to the compensation plan, Kryptogenex affiliates are paid a commission for selling access to the educational materials.
A commission of $100 is offered no matter if you sell to a retail customer or another affiliate, but selling to non-affiliates (aka retail customers) will secure you with an additional bonus of $25 per sale.
If you manage to sell the platform to 100 people, Kryptogenex says it’ll give you a free MacBook Pro or the “latest version” of an Android phone or iPhone.
Along with all this, Kryptogenex is also offering residual commissions.
Residual commissions are handled thanks to a binary system, with points being added each time the education platform is sold and when an affiliate recruits someone else to join the company.
Retail sales generate half of a point, whereas recruiting a new affiliate sees a full point generated.
As more points are added to the binary, commissions are paid out.
What’s The Cost Of Joining Kryptogenex?
In order to join Kryptogenex for yourself, you’ll need to shell out $250 for the education platform and then $50/year to maintain your membership status.
For both money you spend and earn, all payments within Kryptogenex are handled using bitcoin.
So, Is There A Kryptogenex Scam Going On?
Have you been hearing rumours that Kryptogenex is a scam?
After reading this review, you might still be asking yourself if it is really legit.
So – what is the truth? Is there really a Kryptogenex scam going on?
If I am being perfectly honest, Kryptogenex isn’t a scam.
However, there are some things you need to watch out for.
This is how you will be successful in online marketing. See the image below for details.
Finally, My Kryptogenex Review And Conclusion!
I really hope you have gained value from my Kryptogenex Review.
I wanted to make sure you had all the information you needed, because most other Kryptogenex reviews are just trying to sell you something.
If you really do decide to join Kryptogenex, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!