CrazeBTC Review 2017, is it a scam?
After doing some research we could not find any information on the CrazeBTC website indicating who owns or runs CrazeBTC.
The CrazeBTC website domain (“http://crazebtc.com”) was privately registered on the November 5th, 2016. Learn more in our CrazeBTC review 2017.
Another thing that we noticed is the CrazeBTC facebook group with “Iresh Marsov” as the owner. The “Iresh Marsov” account itself appears to only been created on November 1st, 2016.
As always, if an MLM company is not openly upfront about who the owner is, think long and hard about joining and handing over your hard earned money.CrazeBTC Review 2017 – Products
CrazeBTC has no retail products or services, affiliates are only able to market CrazeBTC affiliate membership.
CrazeBTC Review 2017 – Compensation Plan
The CrazeBTC compensation plan gifts bitcoin to each other via a 3×5 matrix.
A 5×3 matrix places a CrazeBTC affiliate at the top of a matrix, with five positions directly under them:
These five positions form the first level of the matrix. The second level of the matrix is generated by splitting these five positions into another five positions each (25 positions).
The third level of the matrix is generated in the same manner (125 positions), a complete 5×3 matrix with 155 positions.
A CrazeBTC affiliate signs up and gifts 0.01 BTC to the affiliate who recruited them.
This qualifies the affiliate to receive 0.01 from five affiliates recruited into the first level of their matrix.
Gifting payments across all three CrazeBTC matrix level tiers are as follows:
- level 1 – gift 0.01 BTC to the affiliate who recruited you and receive 0.01 BTC from 5 recruited affiliates
- level 2 – gift 0.03 BTC and receive 0.03 BTC from 25 affiliates
- level 3 – gift 0.3 BTC and receive 0.3 BTC from 125 affiliates
CrazeBTC Review 2017 – Joining CrazeBTC
CrazeBTC affiliate membership is gifts a 0.01 BTC to the affiliate who recruited you.
Maximum participation in the CrazeBTC income opportunity will cost you 0.34 BTC.
CrazeBTC Review 2017 – Conclusion
We will not promote or participate in CrazeBTC, the fraudulent nature of CrazeBTC’s. A 3×5 Matrix has proven itself multiple times in a bad way. There is nothing “legal” or “successful” about ponzi schemes, and they are most definitely fraudulent scams.
As with all Ponzi Schemes, once affiliate recruitment dries out the gifting payments within the scheme can no longer be maintained.
If you are looking for a online program that has already proven itself as legit with multiple income streams.
Then we would like to advise you FutureAdpro.
I believe this should give you a nice overview about CrazeBTC
Feel free to share your thoughts, questions or testimonial below!