Viral Crypto Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Viral Crypto is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Viral Crypto, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Viral Crypto as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Viral Crypto in my Viral Crypto Review – now you can learn all you need to know about it.
Is Viral Crypto really a legit business?
Is Viral Crypto a safe business to join?
Let me show you in my review of Viral Crypto.
Exactly What Is Viral Crypto?
MLM opportunities seem to be a dime a dozen nowadays, and this comes as a result of them being easier to launch and create than ever before. While this might seem like a nice thing to have in regards to competition and such, it’s resulted in a host of many scams and schemes to be launched.
Schemes aren’t anything new at all to the MLM world, but thanks to how much easier it’s become to launch these opportunities, we’ve seen a tremendous surge in the amount of pyramid, Ponzi, and cash gifting schemes hit the scene.
Viral Crypto launched just a little over a week ago, and judging by the background information we’ve been able to find thus far, the company has all of the perfect makings for one of these schemes.
The company is reportedly based somewhere out of Italy, as that’s what Randolph Taylor – the company’s admin – currently resides.
According to Taylor’s official bio on the Viral Crypto website, he is “an online entrepreneur working in this field for last many years. I am very enthusiastic, cooperative passionate to help other for make them popular online worker. And these was the cause of my dream comes true in shape of Viral Crypto.”
Right off the bat, the horrid use of improper grammar should raise some serious alarm bells. Even though Taylor lives in Italy, that’s no reason for improper language and grammar to be posted on the official site for the company.
However, that’s not even the most peculiar thing about Taylor. You see, aside from the corporate bio that’s listed for him on Viral Crypto’s website, we weren’t able to find any additional information on the man. Not having any sort of online presence is virtually impossible nowadays, and it causes us to believe that Randolph Taylor might not actually exist at all.
And, if we take a look at the official Alexa rankings for the site, we can see that 46.8% of all the traffic that the Viral Crypto website receives comes directly out of India. This would then suggest that the company is actually running out of India, and not Italy as we initially preserved.
In any case, here’s what Viral Crypto is currently advertising.
What Is The Viral Crypto Product Line?
Judging by the company’s background information that we just went over, it shouldn’t come as too much of a surprise at all that the company doesn’t have any sort of product line to speak of at all.
However, as unsurprising as it is, it still creates for a lot of serious concern.
Product lines are expensive and complicated to establish. That’s the simple fact about them, and there really isn’t any getting around it at all. However, even with that being the case, they’re extremely important for the overall legitimacy of a company.
Product lines are where goods and services for a company exist, and they allow retail sales to take place with retail customers. When retail sales take place, a company is able to make a solid revenue off of that.
Viral Crypto doesn’t have a product line, so none of that is able to take place within the company. And without any revenue coming in from retail sales, the company is entirely reliant on the investments and money coming in from their own affiliates to stay afloat.
This is a business practice that’s becoming more and more common in the MLM world every single day, but that doesn’t make it any better at all.
What Can You Tell Me About The Compensation Plan For Viral Crypto?
Moving onto the compensation plan, affiliates for Viral Crypto are able to earn money by receiving bitcoin payments from other affiliates once they gift their own payment of bitcoin to other affiliates as well.
This is a rather common instance of cash gifting, and is really nothing more than a certain type of Ponzi scheme.
These gift payments are organized throughout the company with a 2 x 5 matrix system, and a matrix is completed once all 62 positions in it have been filled. These positions get filled through both direct and indirect methods of recruitment, and there are 5 different levels available with this matrix for affiliates to earn on.
Each next level up will result in an affiliate being able to earn more money through the gift payment that they’re eligible for, but it also means that they have to pay a larger gift payment as well each time they move up to a higher level.
All of these payments are sent out on a monthly basis.
What Will It Cost To Join Viral Crypto?
If for whatever reason becoming an affiliate for Viral Crypto sounds like a good business move to you, becoming an affiliate is initially free. However, if you want to actually start earning money through the MLM side of the company that we’ve been talking about, you’ll need to make a minimum gift payment of at least 0.03263 bitcoin.
Is Viral Crypto A Scam?
If you have heard that Viral Crypto is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Viral Crypto 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 Viral Crypto Review
Viral Crypto is a pretty simple company in the sense that they have nothing to offer aside from a 5-tier cash gifting scheme that’s handled all through the use of bitcoin. Cash gifting schemes have always been quite prevalent in the MLM world, but they’re increasingly using bitcoin over actual cash.
Bitcoin is perfectly fine on its own, but because of it secure nature, it’s incredibly difficult to track. So, when the company inevitably comes to a collapse, it will be near impossible for investors to actually track back the money that they put into Viral Crypto.
Speaking of the company’s collapse, that’s going to take place the second that recruitment levels die down. When people stop becoming affiliates and throwing money into the company, existing affiliates will stop getting the gift payments that they are owed. This will spiral throughout the entire company, and will quickly send Viral Crypto down the rabbit hole.
This is the exact same fate that pretty much every other cash gifting scheme out there faces, and Viral Crypto is no exception to this rule at all.
I definitely hope you have found value in my Review of Viral Crypto.
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 Viral Crypto, make sure you take the time to learn how to market yourself!
My training below can help you with that.