WelFunding Review – Legit Business Business or Big Scam? Learn Here…

Welcome to my WelFunding Review!

There has been some buzz about this company so I decided to investigate what it was all about…

Some WelFunding reviews call it a scam and some say it’s legit so what is it exactly?

The good news is I am going to tell you how it is and walk you through the company, products and compensation plan so you can make the right decision…

Let’s dive in shall we?

WelFunding Review – The Company

WelFunding Review

When I did some research I noticed that WelFunding provides no information on their website about who owns or runs the show around there..

What I do know is that WelFunding website domain (“welfunding.com”) was first purchased on the 5th of March, 2016.

The registration was recently updated on the 13th of March, 2017 which usually indicates ownership change…

The WelFunding domain has been registered privately and doesn’t provide any information on who owns it which is kind of a redflag.

At the time of this blog post Alexa estimate the top two sources of traffic to the WelFunding website are Japan (69%) and Germany (14%).

This usually means that who ever is running this company could be from those two locations…

That’s all I have on the company, let’s keep digging…

WelFunding Reviews – The Products

When taking a look at their website, I noticed that they don’t sell any retail products or services, but has members do donations to each and get paid through a compensation plan…

This is another red flag…

To be honest, their website lacks a TON of information…

WelFunding Compensation Plan

WelFunding compensation plan has members donate bitcoin to each other through a 4×7 matrix structure…

Basically what you do is join and donate 0.07 BTC to the person who sponsored you in this business.

Once you do that, you get qualified to take donations from your downline members.

This process is repeated and unlock higher levels in the matrix and high donations are needed on the higher tiers that look like this:

  • Level 1 – Donate 0.07 BTC to the affiliate who recruited you and receive 0.07 BTC from four subsequently recruited affiliates
  • Level 2 – Donate 0.14 BTC and receive 0.14 BTC from sixteen affiliates
  • Level 3 – Donate 0.28 BTC and receive 0.28 BTC from sixty-four affiliates
  • Level 4 – Donate 0.56 BTC and receive 0.56 BTC from two hundred and fifty-six affiliates
  • Level 5 – Donate 1.12 BTC and receive 1.12 BTC from one thousand and twenty-four affiliates
  • Level 6 – Donate 2.24 BTC and receive 2.24 BTC from four thousand and ninety-six affiliates
  • Level 7 – Donate 4.48 BTC and receive 4.48 BTC from sixteen thousand and eighty-four affiliates

Cost To Join WelFunding

WelFunding affiliate membership costs 0.07 BTC donation you have to make…

To FULLY take part in the business opportunity, you have to donate 8.89 BTC.

Verdict On WelFunding

There are just too many red flags with this company…

First of all, we don’t know who the leader or owners are in this company and that’s very important in my opinion.

Second, there are no products or services, but people just donating BTC and making money in the compensation plan…

It’s not a real donation if there are compensation plan involved and that’s the truth.

Because of those red flags, I personally don’t recommend this company and join it at your own risk…

Just don’t come back to this blog post complaining if something doesn’t go right…

Anyway, I hope you enjoyed my WelFunding review and if you have any questions, please leave them in the comments below…

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WelFunding

-Jesse Singh

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