1 Big Bitcoin Team provide no information on its website about who owns or runs the business.

A marketing video on the 1 Bit Bitcoin Team website is hosted on a YouTube channel bearing the name “opitimusX”. OptimusX is an alias of Sherm Mason.

Sherm Mason first popped up on BehindMLM’s radar as the admin of Magnetic Builder.

Magnetic Builder was a $29.95 recruitment scheme launched in 2011.

sherm-mason-3x9-millionaire-machine-adminIn 2015 Mason (right), launched at least five dubious schemes:

In 2016 Mason doubled down on his efforts and launched Elite Pay Alliance (matrix-based cash gifting), 5 Dolla Money Lines (pass-up chain-recruitment), Adstraordinary (matrix-based cash gifting) and Cash Rally GPS (Ponzi cycler).

This year Mason has already launched two gifting scams, Easy Odds and Just Got Bitcoin.

Despite only launching last month, Just Got Bitcoin appears to have gained little interest and already stalled.

This has likely prompted Mason to launch 1 Big Bitcoin Team, which evidently runs on the same backend script as Just Got Bitcoin.

Read on for a full review of the 1 Big Bitcoin Team MLM opportunity.

1 Big Bitcoin Team Products

1 Big Bitcoin Team has no retailable products or services, with affiliates only able to market 1 Big Bitcoin Team affiliate membership itself.

The 1 Big Bitcoin Team Compensation Plan

1 Big Bitcoin Team affiliates purchase positions in a 3×6 matrix cycler.

A 3×6 matrix places a 1 Big Bitcoin affiliate at the top of a matrix, with three positions directly under them:

These three positions form the first level of the matrix. The second level of the matrix is generated by splitting these first three positions into another three positions each.

Levels three to six of the matrix are generated in the same manner, with each new level housing three times as many positions as the previous level.

Commissions are paid out as positions on each level of the matrix are filled. A higher matrix level is either unlocked with cycle commissions or for a $30 fee.

  • level 1 (positions cost 0.002 BTC, 3 positions to fill) – 0.001 BTC commission and cycles into level 2 (manual unlock = 0.003 BTC)
  • level 2 (9 positions to fill) – 0.008 BTC commission and cycles into level 3 (manual unlock = 0.01 BTC)
  • level 3 (27 positions to fill) – 0.165 BTC commission and cycles into level 4 (manual unlock = 0.015 BTC)
  • level 4 (81 positions to fill) – 0.61 BTC commission and cycles into level 5 (manual unlock = 0.2 BTC)
  • level 5 (243 positions to fill) – 31.562 BTC commission and cycles into level 6
  • level 6 (729 positions to fill) – 488.430 BTC

Affiliates who recruit affiliates are paid a “sponsor bonus” when their recruits cycle out of levels 1 to 6:

  • level 1 – 0.002 BTC match
  • level 2 – 0.009 BTC match
  • level 3 – 0.09 BTC match
  • level 4 – 0.405 BTC match
  • level 5 – 16.038 BTC match
  • level 6 – 240.570 BTC match

Joining 1 Big Bitcoin Team

1 Big Bitcoin Team affiliate membership is tied to a 0.002 BTC cycler position purchase.

An affiliate can alternatively pay $30 if they wish to unlock levels 1 to 4 of the matrix when they sign up.

Conclusion

It seems straight bitcoin gifting didn’t work out for Sherm Mason, so he’s now attempting to combine a matrix cycler with the gifting model.

On the money side of things however the flow remains the same. New 1 Big Bitcoin Team affiliates sign up, pay money and that money is used to pay existing affiliates.

Mason, through one or more preloaded positions, sits at the top of the company-wide matrix and collects most of the money deposited.

The $30 “builder” signup option is pretty much all profit too, seeing as most of the people who buy it aren’t going to fill up the first four levels of their matrix anyway.

Refunds?

A. Absolutely Not. That’s the beauty of it. No chargebacks of any kind. It’s Bitcoin, not a payment processor.

We’re currently down to less than a month between Sherm Mason scam launches, so that should give you a rough idea of how long until 1 Big Bitcoin Team collapses.