BitCryptoGame Review: 200% ROI bitcoin investment fraud
BitCryptoGame provides no information on its website about who owns or runs the company.
BitCryptoGame’s website domain (“bitcryptogame.com”) was privately registered on June 5th, 2019.
Most of BitCryptoGame’s marketing material is in Spanish.
Although not conclusive, this suggests that whoever is running the company is from Spain or a Spanish-speaking country.
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.
BitCryptoGame has no retailable products or services, with affiliates only able to market BitCryptoGame affiliate membership itself.
BitCryptoGame’s Compensation Plan
BitCryptoGame affiliates invest funds on the promise of an advertised 0.5% to 1.8% daily return, capped at 200%.
- Starter – $75
- Beginner – $250
- Rookie – $500
- Pro – $1000
- Legacy – $1500
- Master – $2000
- Supreme – $3000
- Merciless – $5000
- Legendary – $10,000
Investments and returns in BitCryptoGame are made in bitcoin.
Return and commission withdrawals attract a 7% fee.
BitCryptoGame pays a 10% referral commission is paid on funds invested by personally recruited affiliates.
BitCryptoGame pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
At the end of each day BitCryptoGame tallies up new investment volume on both sides of the binary team.
Affiliates are paid a 10% residual commission on investment volume generated on their weaker binary team side.
Note that residual commissions are capped based on how much an affiliate has invested:
- Starter affiliates can earn up to $150 a day
- Beginner affiliates can earn up to $500 a day
- Rookie affiliates can earn up to $1000 a day
- Pro affiliates can earn up to $2000 a day
- Legacy affiliates can earn up to $3000 a day
- Master affiliates can earn up to $4000 a day
- Supreme affiliates can earn up to $6000 a day
- Merciless affiliates can earn up to $10,000 a day
- Legendary affiliates can earn up to $20,000 a day
To qualify for residual commissions, a BitCryptoGame affiliate must recruit two Beginner or higher investment tier affiliates.
These affiliates must be placed on on either side of the binary team.
BitCryptoGame rewards affiliates for hitting set accumulated investment milestones on their weaker binary side:
- $5000 generated in your weaker binary side = $300
- $10,000 generated in your weaker binary side = $500
- $25,000 generated in your weaker binary side = $700
- $50,000 generated in your weaker binary side = $1000
- $75,000 generated in your weaker binary side = $1500
- $100,000 generated in your weaker binary side = $3000
- $150,000 generated in your weaker binary side = $5000
- $250,000 generated in your weaker binary side = $7500
BitCryptoGame affiliate membership is tied to a $75 to $10,000 investment in bitcoin.
The more a BitCryptoGame affiliate invests, the higher their income potential.
BitCryptoGame presents the “huge video game and gaming industry” as entities one can just deposit money into, and eventually collect a 200% ROI.
This makes about as much sense as claiming you can do the same with any other tournament-based activity.
Beyond misappropriating trademarks and intellectual property (example right), BitCryptoGame in fact has nothing to do with the video game industry.
Furthermore BitCryptoGame’s business model fails the Ponzi logic test.
If BitCryptoGame’s anonymous owner was able to generate a consistent 0.5% to 1.8% daily return through the video game industry, what do they need your money for?
As it stands the only verifiable source of revenue entering BitCryptoGame is new investment.
Given there’s no company ownership information provided and BitCryptoGame is representing an obvious sham relationship to the video game industry, it’s pretty obvious all they’re doing is recycling invested funds.
That is using newly invested funds to pay existing investors a 200% return. This of course makes BitCryptoGame a Ponzi scheme.
Referral and residual commissions add an additional pyramid layer to the scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dies down so too will new investment.
This will starve BitCryptoGame of return revenue, eventually prompting a collapse.
BitCryptoGame’s use of bitcoin means that when it inevitably collapses, victim fund recovery from the scammers behind the company will be virtually impossible.