The Crypto Wealth website domain, cryptowealth.net, was registered on August 7, 2016. Joe Jansen is listed as the owner via an address in Johannesburg, South Africa.
Crypto Wealth Review
At the time of this review, Alexa estimates that South Africa is the main source of traffic to the Crypto Wealth website (60%).
I was personally not able to find any additional information on Joe Jansen with respect to Crypto Wealth, which is seriously suspicious.
If an MLM company is not willingly truthful about who is running or owns it, think long and hard about joining and/or handing over any money.
Crypto Wealth Product Line
It is very unfortunate that Crypto Wealth has absolutely no retailable products or services, with affiliates only capable of marketing Crypto Wealth affiliate membership itself.
Crypto Wealth Compensation Plan
The Crypto Wealth compensation plan has affiliates gift bitcoin to one another via a 4×3 matrix.
This 4×3 matrix puts a Crypto Wealth affiliate at the top of a matrix, with 4 spots directly underneath them.
These 4 spots form the initial level of the matrix. The 2nd level of the matrix is created by dividing each of the 4 spots into another 4 spots each (16 positions).
The 3rd level of the matrix in Crypto Wealth is created in the same manner and holds 64 positions.
In total, a complete 4×3 matrix hold 84 positions in Crypto Wealth.
Basically each company affiliate signs up and gifts 0.009 BTC to 3 upline generations.
This means, in essence, that this is the affiliate who recruited them, the affiliate who recruited them (second upline) and the affiliate who recruited them (third upline).
These payments qualify the new affiliate to start getting 0.009 BTC payments from affiliates recruited into their own matrix in Crypto Wealth.
Company affiliates are also fed in to FGXpress and APPI Travels, a chain-recruitment travel opportunity.
Joining Crypto Wealth – Cost?
Each company affiliate membership is completed by three 0.009 BTC gifting payments.
Participation in FGXpress and APPI Travels would be extra.
Our Crypto Wealth Conclusion
Under the pretext of making and receiving donations, Crypto affiliates participate in a cash gifting scheme.
The website says:
“This is the donations plan of bitcoins between members from all over the world to each other.”
A valid donation is made without any expectation of future payment.
Payments in Crypto are made to qualify to receive payments from later-recruited affiliates.
This difference is critical, as it defines Crypto as a cash gifting scheme.
Nothing is marketed or sold to retail customers, with all commissions paid within Crypto payments from new affiliates to existing affiliates.
And again, once affiliate recruitment dies down, so too will gifting payments in the scheme.
The calculation behind a matrix-based gifting scheme promises that when Crypto Wealth collapses, and it will, the mainstream of affiliates will lose money.
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