Welcome to my Bit2Fund Review!
Whether you are thinking about joining your first MLM or your tenth, researching a new company before signing up is always a good idea.
Joining a company based on hype and not on thorough research is never a smart move.
The fact that you are here reading my review means you have taken a step in the right direction!
My review will cover the company background, the products and the compensation plan.
Let’s learn more about Bit2Fund together!
Bit2Fund Review – The Company
Launched in December, Bit2Fund is headed up by owner Bhaskar (Binay) Sinha, who refers to himself as an online entrepreneur living in India.
On December 9th, 2016, the Bit2Fund website domain was registered as “bit2fund.org”.
Sinha is listed as the only admin of the official Bit2Fund Facebook group.
Aside from running Bit2Fund, Sinha is also involved as an affiliate of two other companies called My Paying Ads and My Paying Crypto Ads.
Bit2Fund Reviews – The Products
Bit2Fund does not offer any retail products or services.
Affiliates who join Bit2Fund can only market and sell the affiliate membership.
The Bit2Fund Compensation Plan
Bit2Fund has split their compensation plan into two parts: revenue sharing and cash gifting.
Revenue Sharing
Bit2Fund affiliates can earn ROIs of up to 145% on investments of 0.01403 BTC or more:
- Bronze Plan – Invest 0.01403 BTC and receive a 125% ROI
- Silver Plan – Invest 0.03509 BTC and receive a 135% ROI
- Gold Plan – Invest 0.07019 BTC and receive a 145% ROI
These ROI payouts are capped at 3% per day.
Cash Gifting
The second part of the compensation plan, cash gifting, is tracked through a 3×4 matrix.
The Bit2Fund 3×4 matrix puts affiliate at the top of a matrix that has 3 positions right under them on level 1.
These first 3 positions make up the first level of the matrix and the second level is made by adding another 3 positions under each of the first 3, for a total of 9 positions.
Levels 3 and 4 of the matrix are made the same way and hold 27 and 81 positions.
Each matrix level works as an individual gifting tier and require a gifting payment in order to unlock the level:
- Level 1 – Gift 0.002 BTC to the affiliate who recruited you and receive 0.002 BTC from 3 subsequently recruited affiliates
- Level 2 – Gift 0.005 BTC to your second upline and receive 0.005 BTC from 9 affiliates
- Level 3 – Gift 0.02 BTC to your third upline and receive 0.02 BTC from 27 affiliates
- Level 4 – Gift 0.52 BTC to your fourth upline and receive 0.52 BTC from 81 affiliates
Bit2Fund gifting payments, paid and received, recur every month.
Cost To Join Bit2Fund
The cost to join Bit2Fund as an affiliate is a monthly gifting payment of 0.002 BTC to the affiliate who sponsored you.
If you want to fully participate in the Bit2Fund compensation plan, it will cost 0.547 BTC a month, in addition to the amount that is invested in revenue sharing packs.
Bit2Fund Review – The Verdict
I feel as if companies like this pop up all the time and there is a major flaw with them…
First, Bit2Fund doesn’t offer any real products or services at the retail level…
Heck even if it was some kind of cryptocurrency training that people can buy, that would have been something but NOPE.
Second, there is no external income sources coming into the company to make those crazy ROI numbers…
So what is happening is new member invest to pay off existing members which makes this a ponzi scheme…
On top of that, there gifting BTC to members…
So it’s a gifting and ponzi scheme in one, go figure…
Anyway, I personally do not recommend anything like this…
I hope you enjoyed my Bit2Fund Review and if you have any questions, leave them in the comments below…
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-Jesse Singh
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