BTC Eden Review: 2×8 matrix bitcoin cash gifting
There is no information on the BTC Eden website indicating who owns or runs the business.
The BTC Eden website domain (“btceden.com”) was privately registered on December 27th, 2016.
Alexa currently estimate that Russia is the largest source of traffic to the BTC Eden website. This suggests that whoever is running BTC Eden is also likely based out of Russia.
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.
The BTC Eden Product Line
BTC Eden has no retailable products or services, with affiliates only able to market BTC Eden affiliate membership itself.
The BTC Eden Compensation Plan
BTC Eden affiliates gift bitcoin to each other via a 2×8 matrix.
A 2×8 matrix places an 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 first two positions into another two positions each (4 positions).
Levels three to eight of the matrix are generated in the same manner, with each new level housing twice as many positions as the previous level.
A BTC Eden affiliate begins by signing up and gifting 0.04 BTC to the affiliate who recruited them. This payment in turn qualifies the affiliate to receive 0.04 BTC from two affiliates recruited into the first level of their matrix.
Gifting payments across the other seven matrix levels operate in the same manner, with the only difference being an increase in the amount gifted at each level.
- level 1 – gift 0.04 BTC to the affiliate who recruited you and receive 0.04 BTC from two subsequently recruited affiliates
- level 2 – gift 0.07 BTC and receive 0.07 BTC from four affiliates
- level 3 – gift 0.2 BTC and receive 0.2 BTC from eight affiliates
- level 4 – gift 0.5 BTC and receive 0.5 BTC from sixteen affiliates
- level 5 – gift 2 BTC and receive 2 BTC from thirty-two affiliates
- level 6 – gift 4 BTC and receive 4 BTC from sixty-four affiliates
- level 7 – gift 6 BTC and receive 6 BTC from one hundred and twenty-eight affiliates
- level 8 – gift 10 BTC and receive 10 BTC from two hundred and fifty-six affiliates
Joining BTC Eden
BTC Eden affiliate membership is tied to a 0.04 BTC gifting payment.
Full participation in the BTC Eden income opportunity costs 22.81 BTC.
BTC Eden are surprisingly upfront about the fraudulent nature of their business opportunity.
Awesome way to earn $3,000,000 monthly by just spending $40.
This $40 is not paid to BTC EDEN, but to a member like you!
Cash gifting is illegal the world over and for good reason. Similar to a pyramid scheme, once affiliate recruitment drops off the majority of participants lose money.
The matrix-based bitcoin gifting schemes going round primarily benefit the admins running them.
Through pass-ups at each matrix level and pre-loaded positions, the anonymous owner of BTC Eden will receive the majority of funds gifted.
A few early adopters will receive what’s left, with the majority of the affiliate-base taking a loss when BTC Eden inevitably collapses.