Starbit International Review: Centurion Network reboot w/ robo trader
Starbit International has one of the worst designed websites of an MLM company I’ve ever seen.
The homepage has just under 20 megabytes of images and on average takes twenty to thirty seconds to load.
For visitors who don’t get annoyed and click away while it’s loading (the page has to load in full before you can see anything), they’re then presented with a site that has no information about who owns or runs the company.
The Starbit International website domain (“starbit.com”) was first registered in 2012. The registration was recently updated on April 13th, 2017, suggesting this is when the current owner took possession.
Iliah Kokh is listed as the domain owner, with an address in Dubai also provided. The address is a building with no street or suite number, suggesting it might be virtual (or non-existent).
The email Kokh used to register the Starbit International domain points to another domain, on which the following message is published:
CRYPTONETWORK EVOLVES
Cryptonetwork’s months of activity have produced a series of market information and findings that fully focused on the preliminary phase goals.
From May 2017, the initiative enters directly in the new operational phase, managed at an international level, with an even wider structure.
All agreemeents [sic] in place remains valid until regular deadline.
A link to the Starbit International website is also provided.
The domain in question, “cnt.network”, was used to promote Centurion Network prior to the message above being displayed.
Centurion Network was headed up by Sunitkumar Patel, Pascal Federle, Vincent Piscitello, Gianvito Ricciardone, Benedetto Cancemi, Fabrizio Di Silvio and Nicole Ganier, all members of the “Centurion Foundation”.
Centurion Network was a cryptocurrency MLM opportunity that revolved around Centurion Coin.
Centurion Coin is your typical pump and dump MLM altcoin.
Initially launched as Ponzi points, Centurion Coin launched with a publicly traded value of 6.5 cents in March.
Today the value is 3.8 cents and now that Centurion Coin is no more, likely to collapse even further.
Other than Luana Sicari serving as Chief Sales Officer, Starbit International has not made its executive structure or information about who owns the company public.
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.
Starbit International Products
Starbit International retail customers who sign up for free are given access to “basic information on Blockchain and its applications on the market”.
Two additional packages are available for purchase:
- E-Learning Mini Pack – ” includes a series of tools / information tools with video tutorials, e-books and electronic materials”, retails for 0.13 BTC
- Blockchain Information Package – provides access to community blogs, blockchain related newsletters, articles, videos, eBooks and webinars and “robot software”, retails for 0.4 BTC for a two month subscription or 1.5 BTC for twelve months
The “robot software” bundled with the Blockchain Information Package is named “Brutus”.
Starbit International claim Brutus
provides the customer with a latest generation robot platform with Artificial Intelligence, specially designed for not experts, allowing anyone to practice.
The Starbit International Compensation Plan
Starbit International pay affiliates for selling their two packages to both retail customers and recruited affiliates.
Residual commissions are paid out via binary and unilevel compensation structures, with additional performance-based bonuses also available.
Starbit International Affiliate Ranks
There are sixteen affiliate ranks within the Starbit International compensation plan.
Along with their respective qualification criteria, they are as follows:
- Affiliate – sign up as a Starbit International customer and then affiliate for free
- Bronze – generate 1000 GV in downline volume
- Master – generate 2400 GV in downline volume
- Gold – generate 6000 GV in downline volume and have and maintain at least one Master ranked affiliate in your downline
- Sapphire – generate 12,500 GV in downline volume and have and maintain at least one Master and one Gold ranked affiliate in your downline
- Ruby – generate 25,000 GV in downline volume and have and maintain at least one Master and one Sapphire ranked affiliate in your downline
- Emerald – generate 50,000 GV in downline volume and have and maintain at least one Master and one Gold ranked affiliate in your downline
- Diamond – generate 100,000 GV in downline volume and have and maintain at least one Master, one Sapphire and one Ruby ranked affiliate in your downline
- Blue Diamond – generate 175,000 GV in downline volume and have and maintain at least one Gold, one Ruby and one Emerald ranked affiliate in your downline
- Black Diamond – generate 300,000 GV in downline volume and have and maintain at least one Sapphire, one Emerald and one Diamond ranked affiliate in your downline
- Red Diamond – generate 500,000 GV in downline volume and have and maintain at least one Master, one Sapphire, one Ruby and one Diamond ranked affiliate in your downline
- Crown Diamond – generate 800,000 GV in downline volume and have and maintain at least one Gold, one Ruby, one Emerald and one Blue Diamond ranked affiliate in your downline
- Ambassador – generate 1,200,000 GV in downline volume and have and maintain at least one Master, one Sapphire, one Ruby and one Diamond ranked affiliate in your downline
- Royal Ambassador – generate 1,750,000 GV in downline volume and have and maintain at least one Ruby, one Diamond, one Blue Diamond and one Red Diamond ranked affiliate in your downline
- Imperium – generate 2,500,000 GV in downline volume and have and maintain at least one Emerald, one Blue Diamond, one Black Diamond and one Crown Diamond ranked affiliate in your downline
GV stands for “Group Volume” and is sales volume generated by a Starbit International affiliate and their downline.
MLM Commission Qualification
To qualify for MLM commissions a Starbit International affiliate must generate minimum monthly sales of 0.13 BTC.
Retail Commissions
Starbit International pay affiliates a 20% commission on service sales to retail customers.
Residual Commissions (binary)
Starbit International pay residual binary commissions based on sales volume generated by newly recruited affiliates (first 31 days).
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 that there is no limit to how deep a binary team can grow.
Service sales volume is tallied up on both sides of the binary team, with a percentage commission paid out on weaker binary side volume.
Note that weaker binary side volume is doubled before the residual binary commission rate is applied (capped at a maximum of volume generated on the stronger binary side).
- affiliates ranked lesser than Diamond are paid a 5% or 10% binary commission (exact qualification criteria not provided)
- Diamond and higher ranked affiliates receive a 15% binary commission
- Red Diamond and higher ranked affiliates receive a 20% binary commission
If an affiliate fails to generate 100 PV in any month, they lose half the generated binary volume the following month.
If they fail to generate 100 PV for a second month in a row, binary volume will be flushed entirely on the third month.
Note that binary commissions are capped at 40% of company-wide revenue. In the event binary commissions exceed this threshold, they will be adjusted down accordingly.
Residual Commissions (unilevel)
After an affiliate has been with Starbit International for 31 days, any sales volume they generate is paid out in commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Starbit International cap payable unilevel levels at seven, with a 5% commission paid out across these seven levels.
How many unilevel team levels an affiliate can earn on is determined by their rank:
- Affiliate – 5% on level 1 (personally recruited affiliates)
- Bronze – 5% on levels 1 and 2
- Master – 5% on levels 1 to 3
- Gold – 5% on levels 1 to 4
- Sapphire – 5% on levels 1 to 5
- Ruby – 5% on levels 1 to 6
- Emerald – 5% on levels 1 to 7
- Diamond and higher – 5% on levels 1 to 8
Infinity Bonus
The Infinity Bonus permits a Starbit International affiliate to earn on sales volume generated beyond eight unilevel levels.
- Gold ranked affiliates earn a 1% bonus
- Sapphire ranked affiliates earn a 1.5% bonus
- Ruby ranked affiliates earn a 2% bonus
- Emerald ranked affiliates earn a 2.5% bonus
- Diamond ranked affiliates earn a 3% bonus
- Blue Diamond ranked affiliates earn a 3.5% bonus
- Black Diamond ranked affiliates earn a 4% bonus
- Red Diamond ranked affiliates earn a 4.5% bonus
- Crown Diamond ranked affiliates earn a 5% bonus
- Ambassador ranked affiliates earn a 6% bonus
- Royal Ambassador ranked affiliates earn a 7% bonus
- Imperium ranked affiliates earn an 8% bonus
Note that the Infinity Bonus is coded, meaning up to 8% is paid on volume.
In the event downline affiliates are at the Gold and/or higher ranks, the difference between their payable rank and that of the upline is paid to the upline.
Matching Bonus
Gold and higher ranked Starbit International affiliates qualify for a matching bonus on downline earnings.
The Matching Bonus is paid out at a rate of 10% on up to four levels of recruitment (unilevel team):
- Gold and Sapphire ranked affiliates receive a 10% match on level 1 (personally recruited affiliates)
- Ruby and Emerald ranked affiliates receive a 10% match on levels 1 and 2
- Diamond and Blue Diamond ranked affiliates receive a 10% match on levels 1 to 3
- Black Diamond and higher ranked affiliates receive a 10% match on levels 1 to 4
Welcome Customer Bonus
The Welcome Customer Bonus is a commission paid to upline affiliates when their recruited downline make service sales.
- a “Tutor” affiliate receives 5%
- the direct upline (recruiting affiliate) receives 2.5% and
- the second direct upline receives 2.5%
A Tutor affiliate must be Master ranked or higher and ‘helps the new promoter to finalize the first sales, assisting, teaching and showing how to conduct sales, coaching on the field.‘
The Starbit International compensation plan documentation states this is typically the recruiting affiliate, in which case they receive 7.5% (5% + 2.5%).
Car Bonus
The Car Bonus is a monthly payment to Emerald and higher ranked Starbit International affiliates.
Upon presentation of a ‘regular contract of financing/leasing of a car of the best brands‘, Emerald and higher ranked affiliates receive a monthly Car Bonus as follows:
- Emerald – 0.25 BTC
- Diamond – 0.5 BTC
- Blue Diamond – 0.75 BTC
- Black Diamond – 1 BTC
- Red Diamond – 1.25 BTC
- Crown Diamond – 1.5 BTC
- Ambassador – 2 BTC
- Royal Ambassador – 2.5 BTC
- Imperium – 3 BTC
Bonus Pool
Starbit International set aside 1% of company-wide revenue and put it into a bonus pool.
The pool is paid out monthly to Red Diamond and higher ranked affiliates, based on how many shares they hold:
- Red Diamond ranked affiliates receive one share
- Crown Diamond ranked affiliates receive two shares
- Ambassador ranked affiliates receive three shares
- Royal Ambassador ranked affiliates receive four shares
- Imperium ranked affiliates receive five shares
Joining Starbit International
Starbit International affiliate membership is free.
Conclusion
Given the history of Centurion Network, there’s a lot to digest in Starbit International.
Let’s start with Centurion Coin.
Centurion Coin doesn’t appear to be purchasable through Starbit International, but the company still has ties to it.
In a PR fluff-piece published on Business For Home last month, Ted Nuyten wrote;
Starbit is open to collaborations with the world of blockchain ad crypto currencies and is very proud that the quality of the project is already appreciate in the industry.
The first one Starbit has accepted is from Centurion, as it is a new crypto currency and also because from a technical point of view, the Developers team behind Centurion coin is already working with some of the big names to ensure adoption and revolutionary open to projects related blockchain services will be announced soon.
With no practical use outside of Starbit International, it’s expected the value of Centurion Coin will continue to decline.
Next up we have the Brutus robo trading platform.
For a description of Brutus beyond the vague copy provided on the Starbit International website, again we turn to BusinessForHome;
Brutus works with special algorithms and contains the newest 5 strategies available on the market, including one smart arbitrage that allows users to learn and do trades instantly on more exchanges with several coins with just one click and grant in some window’s time one 100% win/win position. Brutus Artificial Intelligence was thoughts error’s proof as destined to massive users.
In the idea of Starbit management, Brutus will be the superhero “normal” people will love: those who still don’t know the blockchain and are not experts.
If you’re wondering why BusinessForHome has more information up about Starbit International its own website, word on the grapevine is Nuyten attended a recent company event in Monte Carlo.
Whether any money has changed hands between Starbit International and Nuyten is unclear.
Anyway, getting back to Brutus… the platform is clearly pitched as fool-proof. I’d even go so far as to say it’s guaranteed that users of Brutus won’t lose money (“100% win/win”).
In reality this is not how legitimate trading of anything works.
And taking a step back, if those running Starbit International truly had a 100% profit guaranteed cryptocurrency robo trading platform, do you really think they’d be sharing it with anyone for 0.4 to 1.5 BTC?
Of course not. Anyone with a golden egg laying goose would be quietly letting it do its thing and making bajillions.
To give you an idea of the technical expertise backing Starbit International, at a recent company event a presenter claimed it was a “huge honor and privilege” to have Centurion Coin listed on Wikipedia.
That’s Wikipedia, the platform anyone can contribute to. And perhaps not so surprisingly, the Centurion CNT Wikipedia has since been removed.
But uh, yeah. These are the same boffins who’ve cracked the cryptocurrency trading code and can provide you with 100% success rate trading.
Sure thing guys.
With respect to the Starbit International compensation plan, compliance comes down to how many non-affiliates they have paying for subscriptions.
What with Starbit International being a reboot of Centurion Network and affiliate membership being free, I’m pretty confident the number of retail subscriptions is at or close to 0%.
Without the attached business opportunity, who is going to pay Starbit International 0.13 BTC for general cryptocurrency education, put together by persons unknown?
And a monthly subscription for even more information? It’s pretty obvious the Brutus platform is the big sell here.
That in and of itself isn’t a problem (dodgy “100% guarantee” marketing claims aside), but I can’t see retail subscriptions in any significant number when affiliate membership is free.
It literally costs a prospective retail customer nothing to sign up as an affiliate, which opens the door to using the Starbit International business opportunity as a marketing tool.
Why is that a problem?
MLM companies with little to no retail sales operate as pyramid schemes.
Starbit International fall short of being an investment opportunity, which is change in strategy from Centurion Network.
Selling access to the Brutus platform isn’t an investment in and of itself, even if the platform can be used to passively invest.
An exception to that would be if Brutus was hosted by Starbit International. Given the information currently available on Brutus though, I can’t make that call either way.
As a stand-alone service it’s fine, but if Starbit International are providing access to it and invested bitcoin is passing through their systems, that’s an investment offering.
Oh, did I mention Starbit International only accept payment and pay commissions in bitcoin? Not much confidence in Centurion Coin’s future I guess.
All in all Starbit International is surrounded in secrecy and in its current shape, obviously not aimed at retail customers.
That leaves affiliates making up the bulk of company revenue, which when used to fuel the Starbit International compensation plan, makes it a service-based pyramid scheme.
As with all such schemes, once affiliate recruitment dies down so too will commissions paid out. This prompts a collapse, during which the majority of Starbit International affiliates will lose money.
Hi, I really think YOU MISS a few information to write an objective review on this mlm. I can help you and anyone to understand better the project.
1) It has never existed a centurion network mlm. There was first project named Cryptonetwork and Centurion was never owned by Cryptonetwork.
(Ozedit: Abuse removed)
2) Centurion, is a cryptocurrency officially exchanged on 5 platforms and you don’t mention it. It’s exchanged on c-cex, novaexchange, excambiorex, yobit, coinexchange and is officially listed on coinmarketcap.com . You can review here: coinmarketcap.com/currencies/centurion/#markets
All this means that Centurion is a real cryptocurrency exchanged on the market and can’t be comapred to same scam projects you mention on your site.
You write:
THIS IS ABSOLUTLY RIDICOLOUS. LESS THAN 1 PERSON OF 100.000 IS USING BTC AS WAY OF PAYMENT, AND ALMOST LESS THAT 1 PERSON ON 1 MILLION IS USING ETHEREUM AS WAY OF PAYMENT.
CRYPTOCURRENCY ACTUAL VALUE IS NOT RELATED IF THE COIN IS USED AS A WAY OF PAYMENT. IT CAN BE, AND IT WILL, BUT NOT RIGHT NOW.
3) Centurion coin has a medium mining hash of 250 Gh as visible on cnt.coin-miners.info. This value changes but means that much power is used to mine it, and this means many people of a few people using big big power to mine it, and exChange it and trade it.
iT IS INTERESTING TO BE REVELEAD THAT THESE MINERS ARE OUT OF MLM AS THEY’RE USING SUCH POWERFUL DEVICES THAT COST MINIMUM AROUND 500.000 USD TO REACH THIS POWER.
4) Starbit is a legitimate company, and the fact that some information are not public it doesn’t means it’s a Ponzi or is invalid. Nowadays around 50% of websites in several fields are using proxy to protect from spam and due to privacy reasons.
YOU EVEN WRITE MR KOKH COULD NOT EXIST. CHECK THE WEBSITE AND IT’S WRITTEN AN ADDRESS, A NUMBER, A LOCATION.
5) We all know the Starbit Management and their names are everywhere. You only pretend not to know, becouse it seams you want to provide fake news, or simply, you try to argument partial information writing wrong conclusions.
(Ozedit: Offtopic derail attempts removed)
7)
Starbit is not investing Btc or managing any distributor’s money or Btc. Every distributors relates only to brokers and Brutus doesn’t maange money for Starbit.
Brutus is a great robot and does what he has been built for.
8)
YOU ARE WRONG AND NOT INFORMED. Brutus includes an arbitrage system that if distributor doesn’t win, software, doesn’t open a position, so 100% WIN POSITION CAN BE REACHED . This can happen several times per hour and can happen on several brokers and several coins.
9) CENTURION COIN IS actually updating information and will appear on Wikipedia soon again.
10) The man is applauding Brutus, has dozens of worldwide patents and some of his patents now belong to Apple International. (Ozedit: Offtopic derail attempts removed)
11)
YES, WE AGREE ALL. ALL IS SORROUNDED BY SECRECY BECOUSE OF PEOPLE LIKE YOU ALL, THAT WRITE FAKE NEWS FOR A REASON.
Regards.
Sure it has. I reviewed Centurion Network in February based on a Centurion Network branded compensation plan.
I mean really, what do you think the domain “cnt.network” stood for?
I mentioned it was publicly tradeable and provided it’s declining value. Why would I go into which exchanges it’s available through?
Where did you get the idea this is a Centurion Coin review? Centurion Coin is just a pump and dump altcoin that failed when Centurion Network collapsed.
It’ll probably be around for as long as Starbit International can keep the hype-train going, before eventually dropping to $0.
You have no idea what people are doing with bitcoin and eth are doing. So please don’t make up stats and expect anybody to believe them.
The fact is real cryptocurrencies have a real-world application, which drives public supply and demand.
Worthless altcoins like Centurion Coin exist solely to prop up MLM business opportunities. The niche is full of dumped MLM altcoins that never went anywhere.
Why would I have to pretend when there’s no information about Starbit management provided on their website?
Brutus is advertised as an exclusive platform offered through Starbit International. Either it is, or it’s a third-party service anyone can sign up for independent of Starbit International.
If it’s being offered through Starbit International, that’s an investment opportunity (securities offering). If it’s being provided by a third-party, that needs to be disclosed for regulatory compliance.
There’s still no such thing as a 100% guarantee in trading. If there was then the markets would collapse overnight.
Wikipedia tend to take a pretty strong stance against marketing spam. Don’t hold your breath.
Only MLM underbelly scams need to “surround themselves by secrecy”. If the shoe fits…
Thanks Oz to give the chance to reply. If you admit my reply i’d like to clarify some points.
1-
IT WAS FOR cryptonetwork. THERE WERE DOZENS OF PRESS RELEASES that were clear to show which was Cryptonetwork rule and that a bounty agremeent was reached. But it never existed a Centurion Network.
Also, was spread around that the 4children was not existing and that everything was a fraud. Those were faulse information provided by someone that had an interest in doing this.
2-
This is just a your idea that can be true or not, you don’t know what’s behind cnt, who created it and developed it. The fact is anonymous doesn’t mean is bad. Best famous worldwide coins are fully or partial anonymous.
How can you judge something so bad, just becouse it is accepted by a ligitimate network marketing company? Starbit accepts bitcoin and soon cnt as way of paying service. Step by Step.
3-
Yes the real world up to now for cryptocurrency was a fake financial world to invest money and pump and dump. This was Btc at the beginning and all this are msot of coins.
Cryptocurrencies are just a face of Blockchain that worths much more. The value is not in the technology itself, but what you can do with that technology.
You have no idea what can and will do Starbit so, don’t write things so much for sure if they’re not, or if you do, be neutral becouse ther’re at least 15 coins in top 30, that they have absolutly nothing special or no real technological value.
It’s just your way of thinking because you saw several scams up to now behind fake coins, but most of them were not on the market or convertible.
4-
Starbit never wrote any claims on that or granted any profit or return. There’s a chance every hour where people can have a 100% win/win, with little or higher margin.
In past years most of banks were doing this more or less in secret. Gap of prices with spread used by different brokers always existed and in cryptocurrency this will happen much more becouse gaps are much higher.
As far as i know, No one of Starbit ever made a disclaimer like that. It was mentioned by press that this is possible and it is. If you want i can show you alive with screen share using Brutus. Now the amrket is very favourable.
5-
Brutus is not advertised like an exclusive platform. First of all Brutus is a desktop application, so it’s no on-line platform.
Second, Brutus can be purchased by anyone regardless to be starbit distributors; third, Brutus only trades altcoins, has no relation with brokers, doesn’t earn on any trade or doesn’t pay on anyone’s gain.
But i willa sk the company to be more clear on your point. As far as i know they’re already in contact with Mr Kevin Thompson the Mlm Lawyer, that probably you heard, so if something is missing, soon will be adjusted.
5-
This is what you write. In Starbit everyone knows the management. There was a meeting with 300 people that was public andthere were some of collegues in your area that went there.
95% of companies in mlm that are compliant, are not compliant as Starbit is. Their comp plan has No fees to join, no gains just to recruit new people, only gain on services sold, no renewal fees, policy to refund people if unhappy, a clear leterature.
Things are more transparent than ever. After the “fake information” that were provided by some websites including this one, the communication strategy changed, as the faulse information hurted several good people.
Sometimes instead going in search of the scoop or find guilties, is much easier to rely to fake sources; why don’t write to the interested party? How can you be reliable if the first article was written with so many faulse information?
A scam company doesn’t care to be compliant. A scam company has no documents. A scam company promise % of gains and has a fake coin, becouse it is much more easy to provide a fake coin not on the market like someone did and went so well.
It’s much easier manipulate people writing that the coin values 10 Usd and sell them, that being on the market and the market that judges and create a value or not.
Also why you say Cnt has almost no value? For 250 million coins to be produced a standard price of 0,03 Usd is big. Look at ripple.
Look at most currencies that will be produced in large quantities. Look at their value in the very first 6 months.
Again, thanks Oz to provide a chance to clear some issues, or at least to try to explain a different vision.
Mate in February it was Centurion Network. I know because I reviewed a compensation plan and website branded Centurion Network.
If the name changed after the review was published, that’s fine… but Centurion Network was very much a thing in February.
I have no idea what you’re talking about “4children” and what not. I cited the compensation plan material and website myself.
Facts are facts.
Useless altcoin + MLM investment and recruitment scheme = pump and dump scam. This is an established business model and it always ends in tears.
Anonymous + MLM company = scam. There’s no legitimate reason for an MLM opportunity to be shrouded in secrecy.
Starbit’s business model is not private. You can accurately roadmap an MLM opportunity from its compensation plan.
Just because you don’t like the prognosis, doesn’t make it any less accurate.
Right. I guess Starbit International didn’t write it’s own corporate compensation plan material then.
Ah, so it is just third-party software. Good to know.
Now, what’s the actual name of the software, who’s the actual developer and is it being offered cheaper elsewhere?
I couldn’t care less what “everyone in Starbit” does or doesn’t know. A review is for the general public and as it stands Starbit International are not sharing core components of their business with the general public.
In MLM this is a strong symptom of a scam in the making.
Hiding basic company information from the general public is a compliance failure from the get go.
Because it doesn’t. That’s the beauty of publicly mined coins, you can see the value of them at any given time.
No real world application outside of an MLM opportunity = worthless altcoin. Once affiliate recruitment slows down, the value of the attached altcoin plummets.
And quit trying to hide behind the skirt of legitimate cryptocurrencies.
None of them were launched as Ponzi points attached to an income opportunity (I reviewed Centurion Coin when it wasn’t publicly tradable, remember).
If you wish to discuss legitimate cryptocurrency, that’s fine. But Centurion Coin is not the same because it started off completely different.
No Oz, you have wrong information. It has never been a centurion network, neither a centurion network material. Probably someone provided this to you counterfaiting it. It has always been Cryptonetwork and if you get a wrong one, check your source…
It ìs true there was a prelaunch where some of the distributors founders moved up some material that wasn’t coming from the company and in any prelunch phase things can be no perfect at all.
Yes, so you can see that Centurion has a value. It’s mined every day and exchanged on the market. Around 100.000 Usd per day. Speculative up to now, like 99% of all altcoins.
THAT’S SILLY. ACTUAL MINERS AND POWER ARE COMPLETLY OUT MLM. YOU’RE OUTSIDE OF THE POINT. No one serious Mlm company was on the market until now in this arena, so we can’t talk about that. Facts will prove if your toughts are real or wrong.
3- Hiding basic company information from the general public is a compliance failure from the get go.
NOTHING HIDED. All information are displayed, Company information, management is public, and so no one was hiding anything.
Never lived a Centurion Coin network. Never one coin has been sold to any distributor, or never Cryptonetwork stated to have the ownership of the coin.
You got faulse information that can be cleared up very easily. Centurion has always been publicity traded since the very beginning.
Check these information : Novaexchange started middle february: novaexchange.com/market/BTC_CNT/
c-cex: c-cex.com/?p=cnt-btc end of february;
these information are public. Centurion has always been public traded since the first day.
I don’t really understand why someone wants to prove faulse things in fron of the evidence.
Oh please shut up. I got the company name from the company website and official compensation plan material.
Not outside the income opportunity. It was 3 something cents last time I checked and declining.
It might pick up a bit if Starbit affiliate recruitment takes off, but will crash again once that dies out.
Worthless altcoin with no real world application is worthless.
Mining has nothing to do with real world application or value.
Nope. When I wrote the review Centurion Coin were nothing more than Ponzi points. They weren’t publicly traded anywhere.
Furthermore Centurion Network had been around for a bit before I wrote the review. It certainly didn’t launch in early Feb.
Ceturion Coin investment was solicited well before Centurion Coin went public.
Nope. Nothing on the Starbit International website.
Look, I’m getting a bit sick of your detachment from reality.
The facts are Centurion Coin is worthless outside of Starbit International and Starbit International do not provide basic due diligence information about the company to the general public.
“Alternative facts” will be marked as spam.
Richard,
I am sorry, but not everything is so transparent and clear-cut in starbit…
In the Montercarlo meeting, it was stated that Starbit’s president is Mr. Iliah Kokh.
Was he present in Montecarlo?
Have you met him?
Has anyone met him?
Has ANYBODY got some information on the business background of Starbit’s president?
And how are you going to prove this?
So far, all you do is “no, no, no…” you haven’t provided a SHRED of proof to your denials. In fact, all you did is refuse to accept ANY of the evidence in front of you. NOTHING provided is true to you, you dismissed them as either “fake” or “you made a mistake”, yet you can’t prove your own points.
You are neck-deep in denial. Go back and READ what you wrote. NOT a SINGLE BIT of independently verifiable evidence prove what YOU wrote (except whatever Starbit wrote, which you shouldn’t trust any way, as it leads to circular reasoning, i.e. “trust Starbit because they said so”)
Chang, Centurion has always been traded publically.
It couldn’t exist before around middle February because that’s the date when the blockchain started, so everything can be fully verified, and nothing could be distributed becouse no wallets or website were available about CNT. This is easy to be verified on centurionexplorer.com
It seems to me that most of you has old and or not updated information.
By the way, whatever it has a sense or not, Starbit is not a scam or a ponzi scheme. There must be special reasons to address a project there.
Ponzi scheme are configured when people are paid with somebody’s else money and when the company shut down the doors, the latest ones are loosing money. Pyramid Scheme and Ponzi or Hypes plans are very easy to be discovered:
– Pay only to recruit people
– There’s a fee to enter in the business
– Promise % of daily or monthly gains
– There’s a comp plan with no products
– Sales are not evident as most of turnover happens only within distributorship
Now, in my opinion, nothing of this is in Starbit. Plan and info are visible. Oz is right that they have a too simple and slow website, but some years ago i started a business with a new mlm company that had terrible site and bad material and very poor. Now they’re legal, in Dsa and are invoicing close to 1 billion per year.
Time will do its job.
Sure it could. Ponzi points don’t need a blockchain, wallets or website.
Centurion Network was soliciting investment prior to my early Feb review. That investment was for Ponzi points, later converted into Centurion coin.
Any recruitment commissions in MLM = Ponzi scheme. It doesn’t have to be the sole commission source.
Hi Oz,
Starbit comp plan has many ways of earning money and no source is coming from sponsoring or recrutiing.
There’re direct selling commission and without customers, no one is ever paid. It’s the only company i know in mlm that doesn’t allow distributors to buy packages but we can only sell them.
So no sales, no money. So it’s exactly the opposite info that you provide. Documents are available and you even posted. But there’s a full manual where is clearly written a key point: no sales, no money.
Believe never ever happened! There was a founders plan with some advantages for first founders like all mlm companies does and wehre some issues were unclear and where some distributors like aways happen unfortunately were providin faulse information and docs. But never points to be converted… in money..
Believe me Oz, something before Febrauary was in place, as there was a founder project and it is true, but nothing to relate to convert money into coins.
There was an award at special conditions for the founders that wanted to start at the very beginning and share more benefits. This happens normally in direct selling market.
If there’s little to no retail subscriptions purchased, then it’s defacto recruitment (Vemma, Herbalife).
I’m not going to “believe you”, because when I wrote the Centurion Network review they were selling investment packages for Centurion Coin, which at the time wasn’t publicly tradeable.
So when did they turn it on? Do you know? Or do you just go by whatever they show on their website?
Let’s face it: Centurion Coin is a a cryptocurrency headlined by a guy whose resume was pushing another ponzi scheme called MAPS, a cryptocoin that can only be found on their own exchange and blockchain, marketing material that used the word “100% guaranteed” in their own ads… And a bunch of MLMers with ZERO expertise in cryptocoin.
Besides, have you looked at the CNT blockchain’s top 100 list?
#1 holder, with 28538800 CNTs, received the entire amount in one lump sum in May. That’s almost 40% of all CNTs.
#3 holder, with 4901000 CNTs, received it as lump sum on the same day as #1.
Oh, BTW, I’ve seen the freebie script they swiped off Github to make their explorer. They even left in the link to Github to a project that doesn’t exist, because they went a bit too freely with the search and replace. Tsk tsk tsk.
Kasey, What are you talking about? No Management of Starbit ever took part in MAPS. May be some distributors, have no idea.
I don’t care who owns Centurion. Bitcoin 30% of ownership and Ethereum 50% of total production belongs to founders and developers so what? Any coin has founders, owners and dev. And any company doing Ico as well.
You’re jsut putting some .. numbers together to prove what?
The discussion is if the project a Ponzi or not. No autorithies made any statement, and plan is compliant, all the rest are just opinions.
The word “Ponzi” appears in the review only in connection with Centurion Coin before it went public.
An MLM compensation plan isn’t compliant without retail sales. Unless you can provide the percentage of non-affiliate subscriptions you cannot make any firm claims about compliance.
Given Starbit International’s history and those promoting it, it’s pretty obvious that there will be little to no retail activity taking place.
You’re right Oz.
100% of sales are retail sales. No distributors are allowed to purchase packs or even services for themselves. So Starbit comp plan is 100% compliant.
You can download their docs from the site. You will find exact these information.
If affiliates aren’t pumping money into Starbit International via any means and only non-affiliates are purchasing, then sure… why not.
CENTURION coin is on more than 5 platforms, and the scams don’t exist anywhere, if you go on: coinmarketcap.com
we have BRUTUS, a lot of normal people are now earning money wit BRUTUS, the artificial intelligence of STARBIT.
This is one of the best MLM compagny out there. i refer all the people to join Starbit is a really innovative compagny and they will bring knowledge for the masses.
ITS the only compagny that put all documents in the back office for anyone to see it, even if you are not a member of STARBIT.
There are a lot of websites with the italian name “Giovanni Lionetti” linked to Starbit.
web.archive.org/web/20200224233111/https://starbit-network.blogspot.com/p/starbit-international-e-una-compagnia_5.html
web.archive.org/web/20221008001246/https://opinionicenturion.blogspot.com/p/blog-page.html
lecriptovalute.org/walkybit/
And now he is the owner of another scam platform: an Estonian company, currently active targeting people in Italy, Swag (alias Swaggy).