FollowFunding Review: Dreamscape cash gifting scheme
FollowFunding provides no information on their website about who owns or runs the business.
FollowFunding’s website domain (“followfunding.com”) was first registered on October 31st, 2018. The registration was last updated on October 14th, 2019.
Listed as owner of the domain is Eric Bechtold, through a residential address in Florida.
On LinkedIn Bechtold (below) identifies himself as Follow Funding’s President.
Back in 2012 Bechtold was promoting Lightyear Wireless.
In 2016 a comment left on Ethan Vanderbuilt’s blog linked him to Push Button Profits.
Push Button Profits was a pay to play lead generation opp.
In 2018 Bechtold was promoting 8 Figure Dream Lifestyle through his Our Wealth Secret funnel.
8 Figure Dream Lifestyle was a gifting scheme. Earlier this year the FTC sued 8 Figure Dream Lifestyle’s owners for telemarketing fraud.
Read on for a full review of FollowFunding’s MLM opportunity.
FollowFunding’s Products
FollowFunding has no retailable products or services, with affiliates only able to market FollowFunding affiliate membership itself.
FollowFunding’s Compensation Plan
FollowFunding affiliates set up gifting campaigns, which are referred to as “dreamscapes”.
Recruited affiliates gift amounts to these campaigns, of which 50% is kept by the recruiting affiliate.
The other 50% is paid upline, in what appears to be a three-way split.
If a gifting payment is large enough, funds spillover beyond three levels – specifics aren’t provided.
In any event, through what appears to be a unilevel team, FollowFunding tracks and distributes gifting payments across multiple levels.
Joining FollowFunding
FollowFunding affiliate membership is free.
Participation in the attached income opportunity however requires a gifting payment.
FollowFunding do not specify a minimum gifting amount on their website.
Conclusion
FollowFunding is your typical MLM gifting scam, wherein “donations” and crowdfunding” are misappropriated to promote fraud.
When making a donation on the FollowFunding proprietary crowd funding platform, you’re not just making a donation to fund one person’s dream, project, invention or cause as you would be on all other mainstream crowd funding platforms.
In a legitimate crowdfunding platform, donations are made with no strings attached.
In gifting schemes like FollowFunding, payments made to existing participants qualify payees to receive payments from subsequently recruited participants.
This doesn’t happen in legitimate crowdfunding platforms.
Gifting schemes share the same recruitment dependency as pyramid schemes, meaning once recruitment slows down they collapse.
Math dictates that when a gifting scheme like FollowFunding inevitably collapses, the majority of participants lose money.
As per FollowFunding’s website this might have already happened.
Although FollowFunding’s website is online, visitors to the site are advised
FollowFunding.com is currently offline, updating our user experience.
We will be LIVE soon, so please check back shortly!
Whether this has anything to do with the FTC’s ongoing lawsuit against 8 Figure Dream Lifestyle is unclear.
Eric’s been pushing Push Button Profits for years. It’s a front for Traffic Authority.
Pure junk traffic packages sold for thousands of dollars to pimp whatever cash gifting program you want. A plethora of complaints on the web for that garbage.
In his latest Follow Funding scam, which he claims was 20 years in the making (Ha, Ha) is just more cash gifting garbage meant to scam newbies.
Apparently, he didn’t learn anything from the 8 Figure Dream Lifestyle collapse. Better luck next time Eric.
I can tell he’s trying to make something legit. I took a look at that and yes I donated but chose not to participate in the dreamscape.
I don’t think it’s illegal, but I think it could be in the wrong hands. What’s worse is your “journalism” trying to link something he did years ago to this thinking you busted somebody. Bad reporting.
It’s kind of like you saying when you filed for bankruptcy the first time & when you update your WordPress files – that has something to do with it. The two don’t even go hand in hand.
LOL But typical of your site becoming just a trolling station for trolls. It’s gross.
The Follow Funding needs a lawyer to tweak it somewhat to make it legit because I can definitely see the value in it if you can position/target the right market.
It’s not far from GoFundMe or Kickstarter (and has a better angle I think). With the right tweaks – it could go viral pretty quickly. But congrats on the SEO juice, amirite?
You can’t make cash gifting legit.
Cash gifting is very much illegal in the US.
Promoting scams and running scams are related activities. Unlike your bullshit clutching at straws bankruptcy/WordPress example (awesome wtfbbq logic there).
Neither GoFundMe or Kickstarter are illegal gifting schemes, so they have absolutely nothing in common with FollowFunding.
Stop making excuses for scammers.
Your writing should be updated. I checked. It is different from the Followfunding regulation. Followfunding is simple and transparent in the flow of money.
People are not stupid. I’m not sure if this will make everyone’s money, but the purpose and meaning are definitely good.
Paradoxically, if more people have the meaning of human relationships and the desire to help others than I have to get money from others, they will make money. This will be a reflection of the level of human consciousness.
FollowFunding’s website still craps on about “crowdfunding”. It’s still a cash gifting scam.
A simple and transparent cash gifting scam is still a cash gifting scam.
You’re a deadset donkey. Sorry for your loss.