Big Coin Machine Review: Crypto Adz reboots without Ponzi
Big Coin Machine provide no information on their website about who owns or runs the business.
The Big Coin Machine website domain (“bigcoinmachine.com”) was privately registered on March 2nd, 2017.
The Big Coin Machine Terms and Conditions mentions “CryptoAd”:
Promotion and Misrepresentation
When offering or arguing the Bigcoinmachine chance or the CryptoAd Ad Pack Plan …
This appears to be a reference to Crypto Adz, with the Big Coin Machine website itself pulling resources from the Crypto Adz hosting account:
Crypto Adz was a bitcoin gifting Ponzi hybrid launched late last year by Bilal Hadi.
Today the Crypto Adz website is non-responsive, suggesting the scheme has collapsed. This has likely prompted Hadi to try again with Big Coin Machine.
Read on for a full review of the Big Coin Machine MLM opportunity.
Big Coin Machine Products
Big Coin Machine has no retailable products or services, with affiliates only able to market Big Coin Machine affiliate membership itself.
The Big Coin Machine Compensation Plan
Big Coin Machine affiliates gift bitcoin to each other via a 2×4 matrix.
A 2×4 matrix places a Big Coin Machine affiliate at the top of a matrix, with two positions directly under them:
These two positions form the first level of the matrix. The second level of the matrix is generated by splitting these two positions into another two positions each (4 positions).
Levels three and four of the matrix are generated in the same manner, housing eight and sixteen positions respectively.
A Big Coin Machine affiliate signs up and gifts 0.025 BTC to the affiliate who recruited them.
This payment in turn qualifies the affiliate to receive 0.025 BTC from two subsequently recruited affiliates.
Levels two to four of the matrix operate in the same manner, the only difference being an increase in the amounts gifted at each level.
- level 1 – gift 0.025 BTC to the affiliate who recruited you and receive 0.025 BTC from two subsequently recruited affiliates
- level 2 – gift 0.045 BTC and receive 0.045 BTC from four affiliates
- level 3 – gift 0.15 BTC and receive 0.15 BTC from eight affiliates
- level 4 – gift 1 BTC and receive 1 BTC from sixteen affiliates
Joining Big Coin Machine
Big Coin Machine affiliate membership is tied to a minimum 0.025 BTC gifting payment.
Full participation in the Big Coin Machine MLM opportunity costs 1.22 BTC.
Whereas Crypto Adz combined gifting with Ponzi fraud, Big Coin Machine is a straight forward cash gifting affair.
Bilal Hadi has obviously decided it’s better to focus affiliate funds into a single channel, rather than spread them across multiple vehicles of fraud.
The end-goal however remains the same, that being for Hadi to make off with the majority of deposited funds.
In a matrix-based cash gifting scheme this is achieved through one or more preloaded admin positions.
These positions are created at the top of the company-wide matrix and receive donations in the upper levels (three and four) before any of the affiliate positions.
Through pass-ups (1 BTC on level four), the majority of deposited funds are received by Hadi.
If over sixteen positions (or more depending on how many admin positions there are) make it to level 4 of the matrix, some early adopter affiliates might receive a few table scraps.
Given how quickly Crypto Adz collapsed though, that scenario seems unlikely.
Like all gifting schemes, once affiliate recruitment dries up so too will new funds being gifted at the bottom of the company-wide matrix.
This will prompt a collapse, resulting in the majority of Big Coin Machine affiliates losing money.