VertigoBTC Review – Legit Company or Big Scam? Find Out Here…
Welcome to me VertigoBTC Review!
With so many MLM companies out there, it can be hard to know which ones are legitimate and which ones aren’t.
The best thing to do is to do proper research before jumping in to a new company, so I am glad you are here!
In this review, I will talk about the company, their products and the compensation plan they offer.
Let’s get to it!
VertigoBTC Review – The Company
I wasn’t able to find any information on the company website about who owns or operates VertigoBTC.
Registered on November 2nd, 2016, The VertigoBTC website domain, registered as “vertigobtc.com”, is currently set to private.
Most of the traffic to the VertigoBTC website seems to be from India, which suggests that this is most likely where the business is being run from.
I always say that if a company isn’t completely upfront about who runs or the business or where the business is being operated from, you should think twice before investing.
VertigoBTC Reviews – The Products
VertigoBTC does not offer any retail products or services.
Affiliates who join VertigoBTC can only market and sell the VertigoBTC affiliate membership.
The VertigoBTC Compensation Plan
Affiliates who want to participate in the VertigoBTC compensation plan are required to donate bitcoin to each other via a 2×3 matrix.
What is a 2×3 matrix?
It is a compensation structure that puts an affiliate at the top of a matrix and has two positions right underneath.
The second level of this matrix structure is made by adding another two positions directly underneath the first level positions, for a total of 4 positions.
The third level is made the same way, so now there are 8 positions.
A complete 2×3 matrix holds a total of 14 positions.
In order to enter the matrix, a VertigoBTC affiliate is required to donate 0.05 BTC to the affiliate who originally sponsored them.
Once this payment is made, the first level of their matrix is “unlocked”, meaning the affiliate is now qualified to receive 0.05 BTC from their own sponsored affiliates.
The second and third levels of the matrix work the same way, with both the amount of BTC that is gifted and the amount of gifting payments being received being increased:
- Level 1 – Donate 0.05 BTC to the affiliate who recruited you and receive 0.05 BTC from two affiliates
- Level 2 – Donate 0.08 BTC and receive 0.08 BTC from four affiliates
- Level 3 – Donate 0.25 BTC and reveive 0.25 BTC from eight affiliates
These payments, both paid and received, recur every 15 days.
Cost To Join VertigoBTC
The cost to join VertigoBTC as an affiliate is a 0.05 BTC payment every 15 days.
VertigoBTC Review – The Verdict
When you hear the word “Donate” and “Matrix Compensation Plan”, just stay away from it…
This is what we call a gifting scheme and these are NEVER long term…
The last around 4-6 months and then go under running away with the money…
Specially the fact that the owners don’t even show their faces 🙂
They know it will go under and they will start up another one repeating the process…
For that reason, I do not recommend this company at all…
Anyway, I hope you enjoyed my VertigoBTC review and if you have any questions, leave them in the comments below…
Jesse What Do You Recommend?
Well first thing I don’t recommend is ANY gifting schemes lol.
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