BTChamp2 Review – Legit Company or Huge Scam? Find Out Here…
Welcome to my BTChamp2 Review!
Here we have it ladies and gentlemen!
This company is rather new, truthfully; it’s so new that there is not too much info about it.
There’s a good likelihood that someone you know has reached out to you in person or reached out to you on social media about this company….
Now you want to know if this company is truly legitimate or not, correct?
You’ve definitely taken the right steps and ended up at right place!
In this blog, I am going to review BTChamp2 and walk you through the company, the products and the compensation plan, so you can make the right decision.
Get ready to find out if its legit or a scam…
BTChamp2 Review – The Company
The company seems to be a reboot of BTChamp, which started at the beginning of this year in January 2017.
It was found that the company was directly linked from the BTChamp website through the referral ID: “BYCHAMP ADMIN”.
Kasa Navakantha Rao originally ran BTChamp, which was a 6-tier donating income opportunity.
Around May 2017 is about when the company began its descent, with traffic data showing a decline on the BTChamp website.
BTChamp2 Reviews – The Products
The company has no retail products or services to offer.
Affiliates who sign up to BTChamp2 can only market the affiliate membership.
The BTChamp2 Compensation Plan
Affiliates who want to participate in the company compensation plan are required to donate bitcoin to each other through a 2×5 matrix.
The 2×5 matrix is formed by placing an affiliate directly atop the matrix, then creating 2 positions directly beneath them.
Those 2 positions now start the 1st level of the matrix and the 2nd level of the matrix is formed through dividing those 2 positions into another 2 positions each, creating 4 positions.
Levels 3 to 5 of the matrix are formed following this method, where each new level holds 2 times as many positions as the previous level.
When a new affiliate signs up, he or she donates 0.002 BTC to the affiliate member who sponsored them.
So, when the head of the matrix signs up 2 affiliates to form the 1st level, they are now qualified to receive 0.002 BTC donation payments from the 2 new affiliates.
Levels 2 to 5 of the matrix will conduct sponsorship and donation payments the same way, with each level needing a donation payment prior to receiving the payments as listed:
- Level 1 – Donate 0.002 BTC and receive 0.002 BTC from 2 affiliates
- Level 2 – Donate 0.003 BTC and receive 0.003 BTC from 4 affiliates
- Level 3 – Donate 0.01 BTC and receive 0.01 BTC from 8 affiliates
- Level 4 – Donate 0.065 BTC and receive 0.065 BTC from 16 affiliates
- Level 5 – Donate 0.8 BTC and receive 0.8 BTC from 32 affiliates
Cost To Join BTChamp2
The cost to join BTChamp2 as an affiliate is a 0.002 BTC donation payment.
To fully participate in the BTChamp2 business opportunity, it will cost 0.88 BTC.
Verdict on BTChamp2
Looks like they didn’t learn their lesson from the first attempt…
This whole donating BTC to affiliate isn’t even legal…
There are no retail products or services either…
Because of that reason, this company isn’t sustainable for the long haul and that is why I STILL don’t recommend it…
Anyway, I hope you enjoyed my BTChamp2 review and if you have any questions please leave them in the comments below…
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