Bitassets Venture provides no information on its website about who owns or runs the company.

Bitassets Venture’s website domain (“bitassetsventure.com”) was registered on June 17th, 2021.

The registration is primarily private. The only information disclosed is a partial address in Occitanie, France.

On its website Bitassets Venture represents it is based out of Seoul, South Korea.

This is unlikely, seeing as the building Bitassets Venture uses to represent their office is actually in the US:

Despite only existing for a few months, Bitassets Venture has also given itself a bunch of backdated made-up awards:

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.

Bitassets Venture’s Products

Bitassets Venture has no retailable products or services.

Affiliates are only able to market Bitassets Ventures’ affiliate membership itself.

Bitassets Venture’s Compensation Plan

Bitassets Venture affiliates invest funds on the promise of advertised returns:

  • Basic Plan – invest $150 to $50,000 and receive 112.3% over 6 days
  • Standard Plan – invest $50,000 or more and receive 113.08% over 6 days
  • Basic Compounding Plan – invest 10,000 to $50,000 and receive 158.8% over 28 days
  • Standard Compounding Plan – invest $50,000 or more and receive 196.6% over 42 days

Bitasset Venture charges a $5 fee on all withdrawals.

The MLM side of Bitassets Venture rewards affiliates for direct and indirect recruitment.

Referral Commissions

Bitassets Venture pays a 10% commission on funds invested by personally recruited affiliates.

Regional Representative Rewards

Bitassets Venture affiliates qualify as a Regional Representative by generating a downline of sixty affiliates who’ve invested.

Regional Representatives receive $500 a month.

Company Director Rewards

Bitassets Venture affiliates qualify as a Company Director by

  1. personally investing $20,000 or more;
  2. personally recruiting at least ten affiliates; and
  3. generating $100,000 in total downline investment volume.

Company Directors receive $2500 a month plus a Rolex watch worth $10,000.

Ambassador Rewards

Bitassets Venture affiliates qualify as an Ambassador by

  1. personally invested $30,000 or more;
  2. personally recruiting at least twenty affiliates; and
  3. generating $200,000 in total downline investment volume.

Ambassadors receive $5000 a month “plus a trip to the company’s headquarters and 24hrs free shopping.”

Joining Bitassets Venture

Bitassets Venture affiliate membership appears to be free.

Full participation in the attached income opportunity requires recruitment and maintenance of a $30,000 investment.

Conclusion

Bitassets Venture represents it generates external revenue via

investment activities, which are related to trading on financial markets and cryptocurrency exchanges performed by qualified professional traders.

No evidence of engagement in these activities is provided. Nor is there any evidence of of Bitassets Venture generating revenue by any other means.

Not withstanding that if Bitassets anonymous owner was able to legitimately generate 2.3% a day consistently, they wouldn’t be selling access for as little as $150.

As it stands the only verifiable source of revenue entering Bitassets Venture is new investment.

Using new investment to pay returns makes Bitassets Venture a Ponzi scheme.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Bitassets Venture of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.