Welbit fails to provide verifiable ownership or executive information on its website.

Welbit is purportedly fronted by “Oliver Hogan”:

Hogan doesn’t exist outside of Welbit’s marketing. Marketing videos on Welbit’s official YouTube channel reveal the actor playing Hogan has an eastern-European accent.

This fits with the majority of Boris CEO Ponzi schemes being run by Russians, Ukrainians and/or Belarussian scammers.

Welbit’s website domain (“welbit.com”), was privately registered on November 14th, 2011 (not a typo).

It’s assumed although DNS hasn’t updated, Welbit’s website domain was only recently acquired. Supporting this is Welbit’s official FaceBook page being created on November 5th, 2025.

In an attempt to appear legitimate, Welbit provides a Canadian company registration certificate for “Welbit Limited” (24th December, 2025).

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are 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.

Welbit’s Products

Welbit has no retailable products or services.

Promoters are only able to market Welbit promoter membership itself.

Welbit’s Compensation Plan

Welbit promoters invest USDT equivalents in cryptocurrency. This is done on the promise of a daily passive return:

  • Spot trading – invest $50 to $1000 and receive 0.5% to 0.8% daily for 80 days
  • Staking Base – invest $100 to $500 and receive 1.8% to 2.2% daily for 280 days
  • Staking Plus – invest $500 to $50,000 and receive 2% to 2.6% daily for 365 days
  • Staking Max – invest $1000 to $250,000 and receive 2.4% to 3% daily for 540 days
  • Margin Trading – invest $1000 to $10,000 and receive 0.7% to 1.1% daily for 105 days
  • Futures Trading – invest $10,000 to $50,000 and receive 1% to 1.5% daily for 130 days
  • AI Trading – invest $50,000 to $100,000 and receive 1.4% to 2% daily for 150 days
  • Altcoin Venture – invest $100,000 to $500,000 and receive 1.8% to 2.5% daily for 180 days

Note with the “staking” investment plans, withdrawals are disabled until the investment contract ends.

The MLM side of Welbit pays on recruitment of promoter investors.

Welbit Promoter Ranks

There are twelve promoter ranks within Welbit’s compensation plan.

Along with their respective qualification criteria, they are as follows:

  1. Beginner – sign up as a Welbit promoter
  2. Consultant – generate $500 in downline investment
  3. Chief Consultant – generate $5000 in downline investment
  4. Supervisor – generate $30,000 in downline investment
  5. Chief Supervisor – generate $100,000 in downline investment
  6. Team Leader – generate $300,000 in downline investment
  7. Manager – generate $1,000,000 in downline investment
  8. Executive Manager – generate $5,000,000 in downline investment
  9. Regional Manager – generate $20,000,000 in downline investment
  10. Ambassador – generate $50,000,000 in downline investment
  11. Blue Diamond Ambassador – generate $100,000,000 in downline investment
  12. Black Diamond Ambassador – generate $500,000,000 in downline investment

Referral Commissions

Welbit pays referral commissions via a unilevel compensation structure.

A unilevel compensation structure places a promoter at the top of a unilevel team, with every personally recruited promoter placed directly under them (level 1):

If any level 1 promoters recruit new promoters, they are placed on level 2 of the original promoter’s unilevel team.

If any level 2 promoters recruit new promoters, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Welbit caps payable referral commissions at twenty unilevel team levels based on rank:

  • Beginners earn 4% on level 1 (personally recruited promoters), 1% on levels 2 and 3 and 0.5% on levels 4 and 5
  • Consultants earn 5% on level 1, 2% on level 2, 1% on levels 3 and 4, 0.5% on levels 5 and 6, 0.2% on levels 7 to 10 and 0.1% on levels 11 and 12
  • Chief Consultants earn 5% on level 1, 3% on level 2, 2% on level 3, 1% on levels 4 and 5, 0.5% on levels 6 to 10, 0.2% on level 11 and 0.1% on levels 12 to 14
  • Supervisors earn 7% on level 1, 3% on level 2, 2% on level 3, 1% on levels 4 to 7, 0.5% on levels 8 to 11, 0.2% on levels 12 to 15 and 0.1% on levels 16 and 17
  • Chief Supervisors earn 8% on level 1, 3% on level 2, 2% on level 3, 1% on levels 4 to 7, 0.5% on level 5 to 8, 0.3% on levels 9 to 14 and 0.1% on levels 15 and 16
  • Team Leaders earn 8% on level 1, 4% on level 2, 2% on levels 3 to 5, 1% on levels 6 and 7, 0.5% on levels 8 to 11, 0.3% on levels 12 to 17 and 0.1% on levels 18 and 19
  • Managers earn 9% on level 1, 5% on level 2, 3% on level 3, 2% on levels 4 and 5, 1% on levels 6 to 8, 0.5% on levels 9 to 11, 0.3% on levels 12 to 19 and 0.1% on level 20
  • Executive Managers earn 10% on level 1, 5% on level 2, 3% on level 3, 2% on levels 4 to 6, 1% on levels 7 and 8, 0.5% on levels 9 to 11, 0.3% on levels 12 to 19 and 0.1% on level 20
  • Regional Managers earn 11% on level 1, 6% on level 2, 3% on level 3, 2% on levels 4 to 6, 1% on levels 7 and 8, 0.5% on levels 9 to 11, 0.3% on levels 12 to 19 and 0.1% on level 20
  • Ambassadors earn 12% on level 1, 6% on level 2, 3% on levels 3 and 4, 2% on levels 5 and 6, 1% on levels 7 and 8, 0.5% on levels 9 to 11, 0.3% on levels 12 to 19 and 0.1% on level 20
  • Blue Diamond Ambassadors earn 13% on level 1, 7% on level 2, 4% on level 3, 3% on level 4, 2% on levels 5 and 6, 1% on levels 7 and 8, 0.5% on levels 9 to 15 and 0.3% on levels 16 to 20
  • Black Diamond Ambassadors earn 15% on level 1, 7% on level 2, 4% on level 3, 3% on level 4, 2% on levels 5 and 6, 1% on levels 7 and 8, 0.5% on levels 9 to 15 and 0.3% on levels 16 to 20

Joining Welbit

Welbit promoter membership is free.

Full participation in the attached income opportunity requires a minimum $50 investment

Welbit solicits investment in various cryptocurrencies.

Welbit Conclusion

Welbit offers up a vague generic ruse to explain its daily returns:

A team of WELBIT experts analyzes the market, formulating solutions that generate real profits. Your funds are managed by world-class professionals

No verifiable evidence of Welbit generating external revenue of any kind is provided.

Such verifiable evidence would be audited financial reports filed with regulators in jurisdictions Welbit solicits investment in.

Failing to do so constitutes securities fraud, meaning Welbit is soliciting investment from consumers illegally.

With respect to Welbit’s Canadian shell company, as previously stated it’s meaningless with respect to due-diligence. That said, it’s worth noting the original plan appears to have been to go with an Irish shell company.

This is from Welbit’s official presentation;

WELBIT is officially registered in Ireland and operates in full accordance with international financial and digital asset regulations.

Again, be it Ireland or Canada, Welbit isn’t registered to offer securities in either jursidiction.

As it stands, the only verifiable source of revenue entering Welbit is new investment.

Using new investment to pay daily ROI withdrawals would make Welbit a Ponzi scheme.

As with all MLM Ponzi schemes, once promoter recruitment dries up so too will new investment.

This will starve Welbit of ROI revenue, eventually prompting a collapse.

Math guarantees that when a Ponzi scheme collapses, the majority of participants lose money.