BTC Global Review: Five tier subscription-based bitcoin gifting
There is no information on the BTC Global website indicating who owns or runs the business.
The BTC Global website domain (“btcglobal.info”) was privately registered on December 20th, 2016.
Alexa currently estimates that 83% of all traffic to the BTC Global website originates out of Nigeria. This strongly suggests that whoever is running the company is also based out of Nigeria.
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 Global Product Line
BTC Global has no retailable products or services, with affiliates only able to market BTC Global affiliate membership itself.
The BTC Global Compensation Plan
BTC Global affiliates gift bitcoin to eachother via a 2×5 matrix.
A 2×5 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 each of these two positions into another two positions each.
Subsequent levels of the matrix are generated in the same manner for a total of five levels.
Each level of the matrix operates as an independent cash gifting tier.
A BTC Global affiliate begins by gifting 0.02 BTC to the affiliate who recruited them.
This payment in turn qualifies the affiliate to receive 0.02 BTC from two affiliates recruited into the first level of their matrix.
Another gifting payment is required to unlock the second level of the matrix. In this manner the amounts gifted and received by a BTC Global affiliate are as follows:
- level 1 – gift 0.02 BTC to the affiliate who recruited you and receive 0.02 BTC from two subsequently recruited affiliates
- level 2 – gift 0.03 BTC and receive 0.03 BTC from four affiliates
- level 3 – gift 0.1 BTC and receive 0.1 BTC from eight affiliates
- level 4 – gift 0.6 BTC and receive 0.6 BTC from sixteen affiliates
- level 5 – gift 5 BTC and receive 5 BTC from thirty-two affiliates
Gifting payments within BTC Global (both paid and received) are 45 days recurring.
Joining BTC Global
BTC Global affiliate membership is tied to a 0.02 BTC gifting payment to the affiliate who recruited you every 45 days.
Full participation in the BTC Global income opportunity costs 5.75 BTC every 45 days.
From the BTC Global FAQ:
What is BTCGlobal?
BTCGlobal is a Peer to Peer, Member to Member Donation Platform.
Any time you see “peer to peer”, “member to member” or “donations” in an MLM compensation plan it’s code for cash gifting.
BTC Global is no different. A new affiliate signs up, gifts money to whoever recruited them and then receives money from people who join after them.
The anonymous BTC Global admin sits at the top of this pass-up chain of money, receiving the lion’s share of funds gifted. BTC Global affiliates who reach level four of the matrix gift over half what they’re paid on the fourth level alone.
Owing to the lowest level of the company-wide BTC Global matrix is the largest at any given point in time, once recruitment dries up most BTC Global affiliates wind up losing money.