Kibo Partners Review – Legit Business or Scam?
Welcome to my Kibo Partners Review!
There has been a lot of buzz about this company so I decided to find out what it was all about…
Just check out Google Trends here:
Alright so maybe someone approached out about this business opportunity in person or on social media…
Now you are here to make sure if it’s legit and you won’t get scammed out of your money right?
Well, you came to the right place because in this review I am going to walk you through the company, the products and compensation plan so you can make the right decision to join…
Find out of it’s legit or a scam!
Kibo Partners Review – The Company
I checked out their website and there is NO information on who actually runs the show.
I do know that the domain name “kibopartners.com” ws registered last year July 23rd in 2015.
Unforuntantly the information was set to private…
I checked out where most of the traffic is coming from which is a good indicator where it’s operated and it was…
In fact, 58.4% of the traffic was coming from Russia.
Another thing Kibo Partners lottery site, KiboLotto also defaults to the Russian language.
I am not sure why they kept themselves secret…
When I personally join a business opportunity, I want to know who runs the show so I can make the right decision because leadership is everything.
Anyway, let’s take a look at the products.
Kibo Partners Reviews – The Products
Kibo Partners run something called a “KiboLotto”…
The game platform is based on the revolutionary technology Blockchain, which fully eliminates the possibility of results manipulation.
It is a 100% provable fair game, available anywhere in the world, with the ability to instantly receive the prize of any size without any additional fees and commissions.
What makes matters worse is KiboLotter isn’t regulated and is done by using Bitcoin and other cryptocurrencies…
According to Kibo Partners, the jackpots are fixed at $1 million dollars and the tickets start at $1 each.
Their website just says it’s under some kind of construction…
Anyway, let’s take a look at the compensation plan.
Kibo Partners Compensation Plan
In the Kibo Partners Compensation Plan, you get paid through a unilevel structure which looks like this:
- Level 1: Your personally enrolled members
- Level 2: Your level 1’s personally enrolled members
- Level 3: Your level 2’s personally enrolled members
Kibo Partner affiliates can get 10% here…
The amount of money that can be made from a new member will depend on how much they spend.
- Sponsor a Standard affiliate ($560) = $110
- Sponsor a Premium affiliate ($2900) = $320
Residual income is paid 7 level deep through their unilevel structure.
To qualify for residuals, one must sponsor two affiliates who have their two affiliates.
This is what that look like:
- Sponsor a Standard affiliate = $30, paid on unilevel levels 2 to 7
- Sponsor a Premium affiliate = $50, paid on unilevel levels 2 to 7
You can increase the commission rates of sponsoring 5 affiliates who have at least 2 affiliates.
And this must be met within 30 days of joining.
Once this is met, commissions are increased and looks like this:
- Sponsor a Standard affiliate = $95, paid on unilevel levels 2 to 7
- Sponsor a Premium affiliate = $140, paid on unilevel levels 2 to 7
You will also get a change of participating in their Royalty Bonus…
This pool is split into 4% and 2% of the company wide revenue.
The 4% pool is paid out monthly to Kibo Partners who brought in at the Premium level which is $2900.
The 2% pool is paid out monthly to members who sponsor 100 customers or affiliates.
Cost to Join Kibo Partners
There are two memberships in Kibo Partners:
- Standard – $560
- Premium – $2900
Kibo Partners claim they will only accept 25,000 affiliates.
Kibo Partners Review – The Verdict
So this company is getting into the Lottery arena which is a very regulated industry.
Kibo Partners “KiboLotto” isn’t regulated and you will be paid through BitCoin and other cryptocurrencies…
Now let’s get into some basic math here…
67% of the funds paid go towards the prize money…
That just means Kibo Partners has to raise $1.49 million to pay out the $1 million jack pot that ONE person can win…
The ticket prices range from $1 to $50 so you are looking at 29,800 to 1.49 million tickets sold per draw.
Good luck raising that multiple times a week lol.
Plus, it’s illegal to run a lottery that isn’t regulated, but the Russian admins don’t give a crap.
They will just take the 10%+ off the top and launch another company lol.
Anyway, there are SO many legit companies out there…
If you are looking for something that is 100% legit where you can build a real business online with no BS?
It will be the last business you ever join because with the skills and support, you will become successful if you just get out of your own way lol.
You will thank me later because if you apply what you learn and listen to your personal coach who will guide you step by step, there is no way you won’t be successful.
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