AmazeBTC Review – Legit Business or Big Scam? Find Out Right Here…
Welcome to my AmazeBTC Review!
Whether you have heard about AmazeBTC before or you are an avid MLM-er and you want to expand your horizons, welcome!
It is always a good idea to fully research a company before investing your money, so I’m glad you are here!
In this review, I will go over the company, the products and the compensation plan.
Let’s dig in!
AmazeBTC – The Company
So the first thing I noticed was that I was not able to find any information on the company website about who owns or operates AmazeBTC.
AmazeBTC is a network based platform managed by the MegaBTCSolutions, an Elite, Successful and Experienced group of administrators.
Registered on the 6th of October, 2016, the AmazeBTC website domain registration is set to private.
After searching through Facebook, I found that the official AmazeBTC page indicated one admin by the name of Iresh Marsov.
However, this profile was only created on November 1st, so that may raise a red flag.
It seems that the largest source of traffic to the AmazeBTC website originates from Spain, which may indicate that the individual who is running AmazeBTC may be based out of Spain.
As I always say, if a company is not completely upfront about who is running the business, you should think twice before investing your money.
Okay, so now let’s get into the products!
AmazeBTC Reviews – The Products
I noticed according to the website, AmazeBTC does not offer any retail products or services.
Affiliates who join AmazeBTC are only able to market AmazeBTC the affiliate membership.
The AmazeBTC Compensation Plan
The compensation plan offered by AmazeBTC is a structure that has affiliates gifting each other with bitcoin through a 2×5 matrix.
What is a 2×5 matrix?
This 2×5 matrix puts an affiliate at the top of the matrix and has 2 positions directly under 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 those first 2, for a total of 4 positions.
Levels 3 to 5 of the matrix are made in the same way, with a completed matrix holding 62 positions.
An AmazeBTC affiliate starts their compensation plan journey with a gift of 0.055 BTC to the affiliate who sponsored them.
Once this payment is made, the affiliate is then qualified to receive 0.055 BTC from the 2 sponsored affiliates on the first level of their matrix.
The payments between affiliates after this initial one look like this:
- Level 1 – Donate 0.055 BTC to the affiliate who recruited you and receive 0.055 BTC from two affiliates
- Level 2 – Donate 0.1 BTC and receive 0.1 BTC from four affiliates
- Level 3 – Donate 0.3 BTC and receive 0.3 BTC from eight affiliates
- Level 4 – Donate 2 BTC and receive 2 BTC from sixteen affiliates
- Level 5 – Donate 16 BTC and receive 16 BTC from thirty-two affiliates
Cost To Join AmazeBTC
The cost to join AmazeBTC as an affiliate is related to the 0.055 BTC gifting payment that is made to the affiliate who sponsored you.
In order to fully participate in the AmazeBTC compensation plan, it will cost an affiliate 18.455 BTC.
AmazeBTC Review – The Verdict
Well ladies and gentlemen, when you hear things like “peer to peer or “member to member”, this 99% of the time is a cash gifting scheme…
It’s just the way it is…
There are no retail products or services sold to customers, but just members promoting the compensation plan really.
The driving force here is just get in the matrix and hope to sponsor people who do the same…
Once this recruitment slows down, the company will just go under…
And because the owners kept themselves a secret, they will just start up another scam like this.
Anyway, I hope you enjoyed my AmazeBTC review and if you have any questions, leave them in the comments below…
Jesse What Do You Recommend?
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