AloBit Review – Legit BitCoin Business Opportunity or Big Scam?
Welcome to my AloBit Review!
Whether you are new to the MLM world or you have been a long-time enthusiast, determining which ones are legit and which ones aren’t is crucial.
The best way to do this is to do a good amount of research into any company before signing up.
Reviews are one of the ways you can do this, so I’m glad you are here!
This review will go over the company, the products and the compensation plan.
So let’s get right to it!
AloBit Review – The Company
I couldn’t find any information on the company website about who owns or operates AloBit.
Registered on the 16th of October, 2016, the AloBit website domain was privately registered as “alotbit.net”.
So, not too much information there, so let’s keep going!
AloBit Reviews – The Products
AloBit does not offer any retailable products or services.
Affiliates who join AloBit as an affiliate can only market and sell the membership.
The AloBit Compensation Plan
To take part in the AloBit compensation plan, affiliates must gift bitcoin to each other through a 2×10 matrix.
This type of compensation structure is a matrix that puts an affiliate at the top with 2 positions right underneath them.
These first 2 positions make up the first level of the matrix and the second level is made by adding another 2 positions under each of the first 2, for a total of 4 positions.
The 3rd to 10th level of the matrix is made the same way, with each subsequent level holding twice as many positions as the level above it.
When a 2×10 matrix is full, it holds 2046 positions.
When an AloBit affiliate joins the company and gifts 0.1 BTC to the affiliate who sponsored them, they then qualify to get their own 0.1 BTC gift payment from 2 new affiliates newly sponsored into the first level of their own matrix.
The AloBit matrix has 10 levels, each with their own requirements, which look like this:
- Level 1 – Gift 0.1 BTC to the affiliate who sponsored you and receive 0.1 BTC from 2 newly sponsored affiliates
- Level 2 – Gift 0.15 BTC and receive 0.15 BTC from 4 sponsored affiliates
- Level 3 – Gift 0.5 BTC and receive 0.5 BTC from 8 sponsored affiliates
- Level 4 – Gift 3 BTC and receive 4 BTC from 16 sponsored affiliates
- Level 5 – Gift 40 BTC and receive 40 BTC from 32 sponsored affiliates
- Level 6 – Gift 280 BTC and receive 280 BTC from 64 sponsored affiliates
- Level 7 – Gift 920 BTC and receive 920 BTC from 128 sponsored affiliates
- Level 8 – Gift 7,760 BTC and receive 7,760 BTC from 256 sponsored affiliates
- Level 9 – Gift 86,560 BTC and receive 86,560 BTC from 512 sponsored affiliates
- Level 10 – Gift 318,720 BTC and receive 318,720 BTC from 1024 sponsored affiliates
Cost To Join AloBit
The cost to join AloBit as affiliate is a gifting payment of 0.1 BTC to the affiliate who sponsored you.
IN order to fully participate in the AloBit compensation plan, it will cost 414,283.75 BTC.
AloBit Review – The Verdict
Well, this company is exactly the same as the one I reviewed today called Donors Club with a slightly different compensation plan and different gifting amounts…
But just like that company, AloBit is a gifting scheme because it has products or services and all you can do is gift BitCoins to other members…
Does that even sound legit to you?
You will always notice that companies like this never reveal who the owners are, so far this is my 5th company this week on this business model…
The reason for that is once recruitment slows down and company goes under, they can start up another one…
I know it’s sad, but it’s the truth…
Anyway, I hope you enjoyed my AloBit review and if you have any questions, leave them in the comments below…
What Do I Recommend?
First, if you already joined AloBit you know you shouldn’t put all your eggs in one basket right?
After reviewing hundreds of companies and systems…
It’s the only system out there that will show you step by step on how to build a profitable business online with the right tools, trainings and one on one coaching!
Just take a look at my recent results:
Better yet, take a look at how my students are doing:
You will thank me later 🙂
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