BTC Eden Review – Legit Company or Another Scam? Let’s Find Out…
Welcome to my BTC Eden Review!
There has been some buzz about this company lately, so I figured I would check it out for myself.
Is this company legit?
A good way to get the answer to this question is by learning everything you can about the company before signing up.
This review will go over the company, the products and the compensation plan.
Let’s dig in!
BTC Eden Review – The Company
First things first, I couldn’t find any information on the company website about who owns or operates BTC Eden.
I did, however, find out that the BTC Eden website domain was registered privately as “btceden.com” on the 27th of December, 2016.
Online traffic estimates reveal that Russia is the largest source of traffic to the company website.
What this means is that it is likely that whoever is running BTC Eden is probably based out of Russia.
BTC Eden Reviews – The Products
BTC Eden does not offer any retail products or services.
Affiliates who join BTC Eden can only market and sell the affiliate membership.
The BTC Eden Compensation Plan
Affiliates who want to take part in the company compensation plan are required to donate bitcoin to each other through a 2×8 matrix.
This type of matrix puts an affiliate at the top of a matrix that has 2 positions right 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 each of the first two, for a total of 4 positions.
Matrix levels three through eight are created the same way, with each new level holding twice as many positions as the level above it.
When an affiliate signs up, they must donate 0.04 BTC to the affiliate who sponsored them.
Once this donation is made, the affiliate then qualifies to get their own 0.04 BTC from 2 affiliates who are sponsored into level one of their matrix.
Donations across the other 7 matrix levels work the same way, with donation amounts increasing as affiliates move up through the levels.
- Level 1 – Donate 0.04 BTC to the affiliate who recruited you and receive 0.04 BTC from 2 subsequently recruited affiliates
- Level 2 – Donate 0.07 BTC and receive 0.07 BTC from 4 affiliates
- Level 3 – Donate 0.2 BTC and receive 0.2 BTC from 8 affiliates
- Level 4 – Donate 0.5 BTC and receive 0.5 BTC from 16 affiliates
- Level 5 – Donate 2 BTC and receive 2 BTC from 32 affiliates
- Level 6 – Donate 4 BTC and receive 4 BTC from 64 affiliates
- Level 7 – Donate 6 BTC and receive 6 BTC from 128 affiliates
- Level 8 – Donate 10 BTC and receive 10 BTC from 256 affiliates
Cost To Join BTC Eden
The cost to join BTC Eden as an affiliate is a 0.04 BTC donation.
In order to fully participate in the income plan, it will cost 22.81 BTC.
Verdict on BTC Eden
So, as we have learned, this company is based on recruitment and “donations”…
Also, commonly referred to as “gifting payments”…
So what does this mean?
It means that if you aren’t particularly skilled at recruitment, you won’t see any income…
It also means that the company doesn’t offer any real products or services…
And what we usually see with companies like this is a serious drop in income when recruitment inevitably slows down…
If you do decide that you want to join this company, just keep in mind that it most likely won’t be around for the long haul…
I hope you enjoyed my BTC Eden review, and if you have any questions, please leave them in the comments below…
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