In this article, we will provide an honest review of crowd1. You will get plenty of websites claiming that crowd1 is not legit, it is a scam but in the end, they also promote their referral link to join the company. I don’t understand how a common man gets trapped in lucrative schemes. Let’s begin.
Crowd1 is the talk of the town for the past few months and currently, crowd1 has more than 3.5 million joined people across the world. Before starting the review process of crowd1, One of the things that we like about this company, that it has spread its business to a majority of the crowd in very little time. The key reason behind this success is the percentage of commission a new joined is getting when he promotes this business to a new one.
Profile (What is Crowd1?)
It’s very tough to get the answers on the internet, but then also here are some points
crowd1 is founded by Jonas Eric Werner and CEO of company is Johan Stael Won Holstein
It is said to be an online gaming platform that will connect you to other online gambling sites, including Miggster and AffilGo. The main revenue generation is claimed to be generated from these two companies, don’t know how much this is true because Stelios Piskopianos is the owner of both the companies.
- Founder & CSD: Jonas E. Werner
- CEO: Johan Staël von Holstein
- CCO: Johan Westerdahl
- Business Development Director: Fredrik Staël von Holstein
Some facts about crowd1
- The Bank of Namibia, the country’s top financial regulator, prohibited/banned Crowd1 21.02.2020.
- CNV, Paraguay’s top financial regulator, on February 26th issued a public warning, advising against Crowd1 investments.
- March 2 the website Behind MLM posted an article documenting that Crowd1 does not have a partnership with the gambling company SBA, so it seems another lie can be added to the list.
- In a desperate move to try and get more money into the system Crowd 1 has run several campaigns where €99 investors will receive the €299 package. In most cases, this is the final step before close down.
- Rumors also claim the Tor Anders Petterøe, a well known Norwegian MLM scams, is behind Crowd1. If this is the case it will not be long before the company is closed down.
The Crowd1 Company has its headquarters in Dubai, the United Arab Emirates, and its registration numbers are ICC20160342.
The Crowd1 Company has its headquarters in Dubai
But address mentioned on website is:
Impact Crowd Technology SL
Calle Velazquez 86, Portal A, 1 derecha 28006, Madrid, Spain
Tax ID Number (NIF): B88429436
Johannesburg, South Africa
Company Launch Date:
December 15th 2018
No tangible product is given by the company as of now. But you will get the share of Affilgo and Miggster as per the joining package. Along with this you also get an online networking platform to access the gaming websites and education packages from Github.
Plan of crowd one is very simple to understand. They offer four packages ranging from 99 Euros to 2499 Euros. one can choose according to the need and available funds. If you opt for any of the packages you get the owner right shares, these are used by company to give out the payout in the future.
⦁ White – €99 (Starter Kit)
In this package, you receive owner right worth of €100
⦁ Black – €299 (Basic Learning)
In this package, you receive owner right worth of €300
⦁ Gold – €799 (Extended Courses)
In this package, you receive owner right worth of €800
⦁ Titanium – €2499 (Professional Courses)
In this package, you receive owner right worth of €3500
Education Package Sales Bonus
Crowd1 bonus System is the most unique system in the industry because it provides the balances are in 1:1 | 1:2 and 1:3 ratio.
This is somewhat different from other MLM companies, as other companies provide commissions on a 1:1 basis. here you get the commissions on 1:3 and 1:2 basis as well, which is a great initiative by the company. To understand it better let’s take the help of the image:
This is the major way to make money with Crowd1, and it uses a binary structure.
Following are the points you can earn from each package:
⦁ White – 90 points
⦁ Black – 270 points
⦁ Gold – 720 points
⦁ Titanium – 2250 points
Crowd1 uses a system known as 1:3 to pay the residual commissions. This ratio means that members earn residual commissions on the investment volume generated on the weaker side of the binary team.
This is not very different from other companies. As you started recruiting new people in the system you start getting commissions out of that and that too depends on the number of directs you recruited. For the ease of understanding refer to the table below:
|Matching Level||Package||Number of Sales||Matching Bonus|
This is a different kind of bonus given by the company.You can call it a one-line compensation plan because the company calculates the number of persons joining after you, and when it reaches 250 in numbers you start getting €2.5 per week. Similarly as the number of new joiners increases after your joining streamline bonus will also increase.
Once you join at any point in time and any of the investment levels you are awarded by streamline levels (Total amount depends on the level you invest in)
This is another way to increase the owner’s rights that the company offers.
Here is a breakdown of how many “Streamline levels” that you will earn depending on the level of investment that you join the company at:
|Level||Direct Sponsor||Matching Needed||Associate joined||Owner Rights Per Week|
Fear Of Loss Bonus Commissions
This bonus is for those who are really fearful about their investment. In this bonus, if you refer only 4 directs within 14 days of your joining you get following commissions in BTC immediately:
You get the following commission after your direct activated:
- If you refer 4 White tier members you get €125
- If you refer 4 Black tier members you get €375
- If you refer 4 Gold tier members you get €1000
- If you refer 4 Titanium tier members you get €3000
Gambling Residual Commissions
Company shares its wide gambling profit in the form of gambling residual commissions. This commission begins at 5% for the team leaders rank and for qualify the team leader you have to accumulate 500 points from your weaker binary side which pays you residual commissions.
Then it increases to 100% for the directer’s rank. To qualify for the Director’s rank, you must accumulate 500,000 points must be accumulated in the weaker binary side.
You can pay the joining mount in the form of BTC (Bitcoin)
You will get your income in the form of BTC (Bitcoin)
- It is easier to sell digital products.
- Professional website.
- Here you get a good commission.
- You can make good money with the help of this program.
- This is already a viral program, so it is easy to promote it.
- You get a lot of information on the internet.
- Packages are too expensive to afford by a common man.
- There are no tangible products.
- It is promoted as a pyramid scheme.
- No fiat currency acceptance, only Bitcoin is accepted.
- Too much money has been given when new recruitment completed.
- The company’s website does not contains the information of the owner.
- Better Business Bureau has not accredited this company.
- It seems that only money rotation is going on.
We don’t accept that there is any legal business in Crowd1. Furthermore, if there are they have oversold it with the goal that individuals will never get what they were told. In addition to this the way that they are illicitly selling protections and it doesn’t take a look by any means. Be that as it may, we will concede, in a universe of crypto where the greater part of unrealistic’ offers are unmistakably a trick, Crowd1 is increasingly hard to characterize as a scam. It has quite a few components of a scam, yet it could well be that they can create some offbeat deals for the betting business. Our projection is that Crowd1 will gradually pass on, however, AffilGO may be around for quite a while. Be that as it may, as a venture, it is an awful arrangement, we would not prescribe anybody to place their cash into this.
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