BTC Flood Review – Legit Company or Big Scam? Let’s Find Out…
Welcome to my BTC Flood Review!
Whether you have already been approached by someone about this company, or you just came across it in your internet searches, you are probably here because you want to learn more, right?
Your biggest question is most likely whether or not this company is legit…
Well, I’m glad you’re here!
My review will give you all the information you need about the company, the products and the compensation plan.
So let’s get right to it!
BTC Flood Review – The Company
Okay, so the first thing I noticed was that there isn’t any information on the company website about who owns or operates BTC Flood.
Although, I did learn that the BTC Flood website domain was registered privately as “btcflood.com” on the 10th of October, 2016.
A quick look at the official BTC Flood Facebook group revealed that there are two admins listed, Zahid Hussain and Meenakshi Somani.
Zahid Hussain’s personal Facebook page also promotes BTC Flood using the referral code “btcfloodadmin” and also seems to be the owner of the site.
A little more digging uncovered that, in late 2016, Hussain was promoting two bitcoin companies, AmazeBTC and ZarFund.
Hussain has also been an affiliate with a company called CommHubb.
BTC Flood Reviews – The Products
BTC Flood does not offer any retail products or services.
Individuals who sign up with BTC Flood can only market and sell the affiliate membership.
The BTC Flood Compensation Plan
Affiliates who wish to take part in the BTC Flood compensation plan must donate bitcoin to each other through a 2×4 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 two positions under each of the first two, for a total of 4 positions.
The third and fourth of the matrix are made in the same way, holding 8 and 16 positions.
Every matrix level within BTC Flood works as an independent cash donation tier.
Once an affiliate signs up and donates 0.04 BTC to the affiliate who sponsored them, they will then qualify to earn their own 0.04 BTC donation from 2 affiliates who are sponsored into the first level of their matrix.
The remaining 3 matrix levels work the same way, with the only difference being the amount donated:
- Level 1 – Donate 0.04 BTC to the affiliate who recruited you and receive 0.04 BTC from 2 subsequently sponsored affiliates
- Level 2 – Donate 0.06 BTC and receive 0.06 BTC from 4 affiliates
- Level 3 – Donate 0.2 BTC and receive 0.02 BTC from 8 affiliates
- Level 4 – Donate 1 BTC and receive 1 BTC from 16 affiliates
Level 4 of the matrix converts to a monthly donation subscription once an affiliate has receive 4 BTC in payments.
Cost To Join BTC Flood
The cost to join BTC Flood as an affiliate is a 0.04 BTC donation to the affiliate who sponsored you.
In order to fully participate in the BTC Flood compensation plan, it will cost 1.3 BTC (1 BTC a month after 4 BTC has been received).
Verdict on BTC Flood
There seems to be a lot of these “bitcoin donation” companies popping up…
Once again, no real products or services being offered here…
Which means that there is nothing substantial to keep affiliates in the company…
So once the recruiting slows down, so does the cash flow…
If you do choose to join, you may very well make some money…
But it likely won’t last long…
I hope you enjoyed my BTC Flood review, and as always, if you have any questions, leave them in the comments below…
Start A Real Business Online
If you are struggling to make money online and want to finally succeed with actual training, tools and mentorship to get you there…
Let’s face it, not many business opportunities have that…
But I got something that will help you…
You can’t afford to NOT watch to watch it because it will take your game to the next level…
Take a look at my recent results below….
Take a look at my students below…
In other words if newbies like that can do it, so can YOU.
You will thank me later 🙂
Follow me on Social media below:
Add Me On SnapChat:
Snap Chat I.D: MillDrive
See you at the top,
P.S. Sign up for my news letter below and transform your financial life (Serious people only…)