1 Big Bitcoin Team Review – Legit Company or Another Scam?
Welcome to my 1 Big Bitcoin Team Review!
There has been some buzz going around about this company lately, so it’s time for another review!
Whether you’re new to the MLM world or you’re an old pro, researching companies before joining them is a crucial step that should never be skipped.
You should always learn everything you can about an investment before jumping in.
The aim of this blog is to provide you with all the information you need about the company, the products and the compensation plan.
So keep reading to learn more about 1 Big Bitcoin Team!
1 Big Bitcoin Team Review – The Company
The first thing I noticed was that the company website does not provide any information about who owns or operates 1 Big Bitcoin Team.
In my research, I did come across a marketing video on the 1 Bit Bitcoin Team website that is hosted on a YouTube channel under the name “opitimusX”.
A little more digging revealed that OptimusX is an alias of Sherm Mason, who first came on the MLM scene as the admin of a company called Magnetic Builder, a $29.95 recruitment MLM that was launched in 2011.
Mason also launched several companies in 2015, which included:
- Paradise Payments (February 2015)
- Magnetic Gratitude (April 2015)
- Summer Fun Matrix (July 2015)
- 3×9 Millionaire Machine (September 2015)
- Instant Pay Christmas (November 2015)
With what looks like very little interest in his latest venture, Mason launched 1 Big Bitcoin Team, which appears to be running on the same back-end script as Just Got Bitcoin.
1 Big Bitcoin Team Reviews – The Products
1 Big Bitcoin Team does not have any retail products or services to offer customers or affiliates.
Affiliates who do sign up with 1 Big Bitcoin Team simply market and sell the 1 Big Bitcoin Team affiliate membership.
The 1 Big Bitcoin Team Compensation Plan
Affiliates who choose to participate in the 1 Big Bitcoin Team compensation plan are required to buy positions in a 3×6 matrix cycler.
This type of matrix puts an affiliate at the top of a matrix that has 3 positions right underneath them.
These first 3 positions make up the first level of the matrix and level two is made by adding another 3 positions under each of the first three, for a total of 9 positions.
Matrix levels 3 to 6 are constructed in the same way, with each new level holding 3 times as many positions as the level above it.
Affiliates earn commissions as matrix positions are filled on each level.
Unlocking a higher matrix level requires either cycle commissions or a $30 fee.
- Level 1 (positions cost 0.002 BTC, 3 positions to fill) – 0.001 BTC commission and cycles into level 2 (manual unlock = 0.003 BTC)
- Level 2 (9 positions to fill) – 0.008 BTC commission and cycles into level 3 (manual unlock = 0.01 BTC)
- Level 3 (27 positions to fill) – 0.165 BTC commission and cycles into level 4 (manual unlock = 0.015 BTC)
- Level 4 (81 positions to fill) – 0.61 BTC commission and cycles into level 5 (manual unlock = 0.2 BTC)
- Level 5 (243 positions to fill) – 31.562 BTC commission and cycles into level 6
- Level 6 (729 positions to fill) – 488.430 BTC
Affiliates who sponsor new affiliates earn a “sponsor bonus” when their new recruits cycle out of levels 1 to 6:
- Level 1 – 0.002 BTC match
- Level 2 – 0.009 BTC match
- Level 3 – 0.09 BTC match
- Level 4 – 0.405 BTC match
- Level 5 – 16.038 BTC match
- Level 6 – 240.570 BTC match
Cost To Join 1 Big Bitcoin Team
The cost to join 1 Big Bitcoin Team as an affiliate is a 0.002 BTC position purchase.
When they sign up, affiliates also have the choice to pay $30 if they want to unlock levels 1 to 4 of the matrix.
Verdict on 1 Big Bitcoin Team
So here we have a business that relies on recruitment and cycling bitcoin down through a matrix….
No real products or services to attract retail customers and nothing to offer its affiliates when recruitment numbers slow down…
After the initial recruitment hype, it can get harder and harder to find new affiliates….
And when this happens and commissions start to drop or are virtually non-existent for affiliates further down the matrix….
Affiliates will start to look elsewhere for new streams of income…
This is why I always caution people who are thinking of joining these types of companies to do so at their own risk…
I hope you enjoyed my 1 Big Bitcoin Team review, and if you have any questions, please leave them in the comments below…
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