VertigoBTC Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, VertigoBTC 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 VertigoBTC in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for VertigoBTC.
I wanted to gather all the information about VertigoBTC in my VertigoBTC Review in order for you to make a decision about joining VertigoBTC.
Is VertigoBTC 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 VertigoBTC.
Read on to find out what you need to know.
What The Heck Is VertigoBTC?
Taking a look at VertigoBTC, this is a company that makes a rather poor first impression upon an initial glance.
The official website for VertigoBTC is quite scarce in regards to available background information, as there’s no data available on who founded the company, who’s currently running things on the executive level, or even where the company is physically located in the world.
This same general theme is found with the domain name registration as well. The registration indicates that the action took place on November 2nd of this year (2016), but there isn’t any other available info aside from that.
Due to the private nature of the registration, there’s no available data on when this took place or even who the owner of the domain name is.
All of this is vital information that any honest MLM opportunity would ensure is easily accessible, so the lack of it here with VertigoBTC is a bit troubling.
Current Alexa rankings for the VertigoBTC website indicate that the largest source of traffic is generated out of India, meaning that this is the country in which the anonymous admin for VertigoBTC is likely located out of.
And, with that said, that’s literally all of the background info I was able to dig up on VertigoBTC.
What Are The VertigoBTC Products?
In regards to the product line that VertigoBTC is offering, there’s unsurprisingly not much to talk about here at all.
VertigoBTC is a company that has made the move to not include any sort of product line with its business model, meaning that there aren’t any goods or services being marketed or sold to retail customers at all.
I’ve seen this move made quite frequently in the MLM world, but it’s one that is really only ever seen when dealing with a scheme or scam of some sort. No honest company can operate without a product line, as no product line means that retail sales aren’t taking place.
What About The Compensation Plan For VertigoBTC?
Moving things over to the compensation being advertised by VertigoBTC, affiliates for the company go about earning money by gifting money to one another through the use of bitcoin.
All of these funds are handled using a 2 x 3 matrix setup, with it housing a total of 14 positions that are filled by other affiliates through both direct and indirect recruitment.
The first level of the matrix system here requires an affiliate to gift 0.05 BTC to the individual that recruited them to join VertigoBTC, and once this gift payment has been received, the affiliate who gifted it is then eligible to receive 0.05 BTC from two other affiliates that join the company after them.
Going over to the second level, affiliates gift 0.08 BTC in order to earn 0.08 BTC from four subsequently recruited affiliates.
And, last but not least, the third and final level of the matrix has affiliates gifting 0.25 BTC in order to then get that same amount from eight other affiliates within the company.
What is worth noting here is that all of the payments going through VertigoBTC recur on a basis of 15 days. So, if you’re on the first level of the matrix.you’ll need to gift 0.05 BTC every 15 days that go by.
What’s The Cost Of Joining VertigoBTC?
In order to become an affiliate for VertigoBTC and get involved with the compensation plan being offered here, you’ll need to gift a bare minimum of 0.05 BTC every fifteen days.
You can choose to gift more money if you’re so inclined, and doing so will allow you to increase your overall earning potential as an affiliate within the company.
So, Is There A VertigoBTC Scam Going On?
Have you been hearing rumours that VertigoBTC 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 VertigoBTC scam going on?
If I am being perfectly honest, VertigoBTC isn’t entirely a scam.
However, there are some things you need to watch out for.
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Finally, My VertigoBTC Review And Conclusion!
According to the official website for VertigoBTC, “Vertigo is a program member to member, get your financial freedom with only 0.05 BTC (35$).”
As a general rule of thumb in the MLM world, the phrase “member to member” is usually a telltale sign of cash gifting scheme.
That holds up true with VertigoBTC, as that’s exactly what we’re dealing with here.
VertigoBTC doesn’t have any product line established at all, resulting in a setup in which the company doesn’t have any goods or services that are being sold to retail customers.
People become affiliates for the company by gifting bitcoin to one another on the idea that they’ll earn something in return, and that’s where you see the cash gifting nature of the company shine through.
Similar to all other cash gifting schemes that have come and gone before VertigoBTC, this opportunity will only be around as long as new members continually join and gifting money to other affiliates.
Once all of this activity slows down and comes to a stop, VertigoBTC will fall to an eventual collapse.
At this time, the majority of people who get involved will end up losing out with only the anonymous admin(s) earning anything of real value.
There’s nothing particularly new or revolutionary here. VertigoBTC is just another typical cash gifting scheme, but that should be reason enough to avoid this one.
I really hope you have gained value from my VertigoBTC Review.
I wanted to make sure you had all the information you needed, because most other VertigoBTC reviews are just trying to sell you something.
If you really do decide to join VertigoBTC, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!