1000 BTC Ezy Review: Five-tier bitcoin gifting scheme
1000 BTC Ezy provide no information on their website about who owns or runs the business.
The 1000 BTC Ezy website domain (“1000btcezy.com”) was registered on July 10th, 2017. Jermaine Cato is listed as the owner, through what appears to be a bogus address in the US.
The email address used to register the 1000 BTC Ezy domain is the same used to register that of BTC Fast Double.
BTC Fast Double was a Ponzi scheme that promised affiliates a 200% ROI in on bitcoin investments within 72 hours.
The BTC Fast Double website domain was registered on May 5th, 2017.
Despite the same email address used to register both the BTC Fast Double and 1000 BTC Ezy domains however, the BTC Fast Double Domain lists “Tommy Taylor” as the owner and another bogus address in California.
This suggests that neither Jermaine Cato or Tommy Taylor actually exist. Another likely pseudonym for the anonymous 1000 BTC Ezy admin is “Kitty Bitcoin”, the name of the YouTube channel 1000 BTC Ezy marketing videos are hosted on.
Of note is Alexa estimating that 84% of traffic to the BTC Fast Double website originates from Thailand. This suggests that the 1000 BTC Ezy admin are likely being operated out of Thailand too.
Broken English on the 1000 BTC Ezy website also supports this:
Why different sponsor’s bitcoin address and donate bitcoin address?
Don’t worry! that bitcoin address is a system bitcoin address if after payment completed it will redirection to sponsor bitcoin address automatically.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
1000 BTC Ezy Products
1000 BTC Ezy has no retailable products or services, with affiliates only able to market 1000 BTC Eazy affiliate membership itself.
The 1000 BTC Ezy Compensation Plan
1000 BTC Ezy affiliates gift bitcoin to each other via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
When a 1000 BTC Ezy affiliate signs up, they gift 0.002 BTC to five levels of upline in their unilevel team.
In turn, this payment qualifies the affiliate to receive 0.002 BTC payments five levels deep within their own unilevel team.
1000 BTC Ezy affiliates can also earn 0.000001 BTC an hour by spamming Facebook accounts with advertising.
Joining 1000 BTC Ezy
1000 BTC Ezy affiliate membership is 0.003 BTC, consisting of a 0.001 BTC admin fee plus five 0.002 BTC gifting payments.
1000 BTC Ezy operate a cash gifting scheme with “donations” used as a pseudo-compliance cover.
This is a new platform for donation system, Sponsors will be receive bitcoin instant payment from the donator, no retention all fund to our system.
First of all the claim 1000 BTC Ezy doesn’t retain funds is a lie. Each affiliate is required to pay a 0.001 BTC admin fee when they sign up, which is paid directly to the admin.
Secondly what differentiates 1000 BTC Ezy’s gifting payments from legitimate donations, is that legitimate donations are made without any expectation of a return payment.
In 1000 BTC Ezy the only reason affiliates gift money is to qualify to receive gifting payments from subsequently recruited affiliates.
Combined with an MLM compensation plan, affiliates paying affiliates makes 1000 BTC Ezy a gifting scheme.
As with all gifting schemes, once affiliate recruitment slows down so too will gifting payments within the system.
This will eventually cause a collapse, at which point 1000 BTC Ezy affiliates who haven’t recouped their initial gifting payments lose out.
Mathematically this is will be the largest group of 1000 BTC Ezy affiliates at any given time.