Grossbyte Review – Legit Crypto Mining or Ponzi Scam? Find Out Here.
Hey welcome to my Grossbyte review!
This is one of that latest MLM’s in the cryptocurrency space to pop up so I decided to do a full investigation.
Chances are someone approached you about the crypto mining opportunity and you landed here to make sure it’s legit.
The good news is I am going to walk you through everything so you can make the right decision to join or not.
Just pay CLOSE attention and read this to the end…
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GrossByte Review – Company
GrossByte specialzies in the Crypto MLM space.
Apparently, the person who runs the company is Thomas Patrick.
There is a picture of him, but there is nothing on the internet on this person.
It looks like most of the description is copied from another side called WordFordFunds.com.
That’s not a good start so far…
I don’t even think Thomas Patrick exists to be honest.
There is a UK incorporation for GrossByte LTD in the UK.
However, that is the easiest place to get ANY company incorporated and looks like 99.9% of scams do that.
At the time of this review, most of the traffic to the website is coming from African countries.
Anyway, let’s take a look at the products next…
GrossByte Reviews – Products
So after taking a look at the website, I noticed there is no retail offerings in this company at all.
You can become an affiliate for GrossByte and promote/sponsor new members into the company.
Compensation Plan GrossByte
GrossByte has affilites invest funds into the company on a promise of some kind of ROI.
- Standard – Invest $30 to $999 and receive a 162% ROI after 90 days
- Premium – Invest $1000 to $24,999 and receive a 200% ROI after 100 days
- Exclusive – Invest $25,000 to $50,000 and receive a 242% ROI after 110 days
Sponsoring Commissions
GrossByte pays members to sponsor new affiliates into the company who invest in one of their packages.
You get a percentage on the investment funds and get paid TWO levels deep in a unilevel compensation plan:
- level 1 (Personally sponsored members) – 8%
- level 2 – 2%
Residual Commissions
You can get residual commissions through their binary compensation plan.
This just means you have a left leg and a right leg which can be filled from your upline and downline members.
End of each day GrossByte adds up all the investment volume on both sides of the legs and pays you 10% on the lesser leg.
Any left over volume is carried over to the next day.
Cost To Join GrossByte
Grossbyte membership is actually free, but if you want any kind of ROI and be part of the MLM side of things, you need to put in at least $25 investment.
Now the moment you have been waiting for inside of this GrossByte Review…
Final Verdict
So does the GrossByte Scam actually exist?
Let’s look at a few things first…
GrossByte is claiming the following:
We are composed of the strongest traders team from the United Kingdom, Singapore, Seychelles and the creators of the largest mining pools from the US north-western provinces.
Like 100% of the MLM companies in the crypto space, they never show any proof of it.
They claim returns are generated through information centers that is all about trading/mining bitcoin.
We’ve setup five information centers and repeatedly upgraded technical equipment. Presently our main facilities are settled in Ireland, Italy, Germany, Thailand and US.
I call BS to be honest.
Plus, they faked their executive information should REALLY tell you what they are really about.
This is NOTHING more than a Ponzi scheme that suck in innocent people on hopes and dreams.
So do NOT join this company at all costs 🙂
I just saved you a lot of money and headaches.
Anyway, I hope you enjoyed my GrossByte Review if you have any questions, leave them in the comments below…
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