Bity.Pro Review: 2% an hour MLM crypto Ponzi
Bity.Pro fails to provide ownership or executive information on its website.
Bity.Pro’s website domain (“bity.pro”), was registered in May 2022. The private registration was last updated on June 19th, 2023.
In an attempt to appear legitimate, Bity.Pro provides incorporation details for “Buty Limited”.
Bity Limited was incorporated in the UK on March 14th, 2023.
An MLM company operating or claiming to operate out of the UK is a red flag.
UK incorporation is dirt cheap and effectively unregulated. On top of that the FCA, the UK’s top financial regulator, do not actively regulate MLM related securities fraud.
As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.
For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.
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.
Bity.Pro has no retailable products or services.
Affiliates are only able to market Bity.Pro affiliate membership itself.
Bity.Pro’s Compensation Plan
Bity.Pro affiliates invest USD equivalents in cryptocurrency.
This is done on the promise of advertised hourly returns:
- invest $25 – $100,000 and receive 1% an hour for 120 hours
- invest $500 to $100,000 and receive 2% an hour for 60 hours
Bity.Pro pays referral commissions on invested cryptocurrency down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 5%
- level 2 – 2%
- level 3 – 1%
Bity.Pro affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $25 investment.
Bity.Pro solicits investment in various cryptocurrencies.
Bity.Pro is a simple Ponzi scheme hidden behind web3 crypto waffle.
Fueled by cryptocurrency, the internet’s future will be revolutionized by Web3, promoting fairness and equality, while granting ownership to its builders, creators, and users.
We firmly believe in your fundamental entitlement to exercise control over your finances, data, and identity.
We possess a visionary mindset, embracing calculated risks and pursuing groundbreaking endeavors.
Unafraid to make difficult decisions that align with our enduring goals, we recognize that the seemingly insurmountable becomes achievable when determinedly pursued.
None of that nonsense has anything to do with Bity.Pro’s business model.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Bity.Pro of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.