AloBit Review – But I’m Not Promoting It!

Lately, this business opportunity has been getting a lot of hype on the internet.

People are hyping AloBit all over the place, including a lot of social media.

Has someone already pitched AloBit to you?

The first thing I want to tell you is that I am NOT promoting this business in any way.

I have complied all the facts about it in my AloBit Review so you can discover the truth for yourself!

Have you hear that AloBit is a scam?

That AloBit can’t deliver on it’s promises?

I will tell you all about it in my Review of AloBit.

Let’s get started.

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Exactly what is AloBit?

AloBit is an opportunity that appears to have gotten started sometime in October, but just recently the company has been making a name for itself in the MLM community.

I decided to take a closer look into the company following this recent buzz, and upon visiting the official website for AloBit, I was met with a rather disappointed lack of information.

The AloBit website doesn’t offer any indication at all in regards to who owns the company or who’s running things on an executive level, creating for a situation in where it feels like we’re dealing with a nameless and faceless entity. This is never a feeling an MLM opportunity should strive to create, but that’s what we’re dealing with here for AloBit.

With the company’s website being little more than dud, I decided to look into the actual domain name registration for it. Here I was able to see that the registration for the domain took place on October 16th of this year (2016), but that’s it.

Because the domain is registered to a private state, there isn’t any info available in regards to who the owner of the domain is or where in the world the registration took place.

This creates for the feeling that the anonymous admin(s) behind AloBit are doing what they can to cover their tracks, and this is a theme that I usually only see when dealing with a scheme or scam that belongs to the MLM underbelly.

With that being said, let’s take a closer look to see just what it is that AloBit is bringing to the table.

AloBit Scam

Are There Any AloBit Products?

Taking a look at the product line being offered by AloBit, there’s not much to see here at all. Why is this though?

AloBit is yet another opportunity in the MLM world that has decided to not include any sort of product line with the way that their business is set up, and this is usually a telling sign of any scheme or scam.

No legitimate opportunity can see success without the existence of a product line, as this allows for retail sales to take place. Retail sales often serve as the primary source of income for most legit businesses, so it not being present here is a sure sign of what to expect with the rest of the company.

In addition to this, no product line means that affiliates for the company don’t have any products or services to market and sell to retail customers. Instead, they have nothing more than the affiliate membership itself to try and pawn off on other buyers.

Can You Tell Me About The Compensation Plan For AloBit?

Heading over to the compensation plan here, affiliates for AloBit set out to earn money by first gifting funds to one another through the use of a 2 x 10 matrix system.

This matrix system is complete once all of the 2046 positions have been filled by other affiliates through the use of both direct and indirect recruitment methods, and an affiliate gets started by first gifting 0.1 BTC to the person that recruited them to join AloBit.

Once the affiliate sends off this payment and it has been received, they are then eligible to receive 0.1 BTC from two other affiliates that join the first level of the matrix system that they’re on as well.

After receiving this money, the affiliate is then able to move up to the 2nd level of the matrix system in which this same process continues.

Each higher level requires more money to be gifted and more earnings to be received as well, with 10 total levels available for affiliates.

Just how much money is involved with the tenth and final level?

Here, affiliates gift a grand total of 318,720 BTC in order to receive 318,720 BTC from one thousand and twenty-four other affiliates.

Yeah. That right there is a ton of cash.

What Is The Fee To Join AloBit?

If you’d like to become an affiliate for this particular opportunity, you’ll need to gift a bare minimum of 0.1 BTC to the person that got you to join AloBit.

However, if you would like to fully participate with everything being offered, you’ll need to gift a whopping total of 414,283.75 BTC.

In USD, that equals out to about $321 million.

That’s right. $321 million.

Is AloBit Truly A Scam?

If you’ve been doing your research on AloBit, you may have heard from some people that it’s a scam, and from other’s that it’s totally legit.

After reading my review, you might not be sure for yourself.

So, what’s really going on here?

Is AloBit a scam, or can you make a legit business with it?

To be honest, I am not sure AloBit is a complete scam.

However, I did find a few things to be aware of before you join, which will help you to be successful if you join.

Also, see below for help with making money online.

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Read Here For My AloBit Conclusion!

Can you think of anyone out there who would be willing to shell out $321 million into some MLM opportunity they’ve never heard of?

Yeah, me neither.

AloBit doesn’t have anything at all that they’re marketing or selling to retail customers, with all of the commissions here being sourced directly from other affiliates.

Affiliate gift money to one another under the idea that they’ll be able to earn money in return, and this is what we call a cash gifting scheme.

As all cash gifting schemes usually go, AloBit will cease to exist once new recruits stop joining the opportunity and dumping huge piles of money into it. Once this happens, affiliates will no longer earn the cash that they’re expecting, leaving the anonymous admin(s) to make off with majority of all the money that’s been sunk into it.

And, as per the AloBit website, “All donations you willingly and directly send to a fellow participant are final. No refunds.”

In other words, there’s no chance to recover your funds, and in the end, you’ll more than likely end up losing out in the long haul.

I hope you have gained a lot of value from my AloBit Review.

I have found other reviews are scant on details, so I wanted to make sure you had everything you need here.

If you do decide to move forward with AloBit, I think the info I have given here will help you.

Moving forward, you need to take care of marketing yourself, which you can learn how to do with my free training. Click below.

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