BlockChain Rays Review – Good Opportunity Or Big Scam?

BlockChain Rays ReviewHave you been hearing a lot about BlockChain Rays lately?

There is a lot of hype happening for BlockChain Rays, and people are pitching the opportunity all over the place – especially on social media.

The first thing I should tell you is that I am not associated with BlockChain Rays in any way.

I have gathered all the pertinent facts about this opportunity in my BlockChain Rays Review so that you can know the full truth before signing up.

Is BlockChain Rays a scam? Or is it really legit?

Will I be able to make real money with it?

I tell you all in my Review of BlockChain Rays.

Let’s get going!

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What Is BlockChain Rays Exactly?

Whenever I put together these reviews, the very first thing I look at is the official website for a company and how much background information it offers on the brand its representing. The same was done with Blockchain Rays, but I unfortunately wasn’t able to find any drop of info at all.

It’s quite often that I run across sites that are missing some info here and there, but Blockchain Rays’ site is completely barren of any such data.

This is made even worse by the domain name registration. While this shows that the domain was first registered on December 27, 2016, the private nature of the registration means that you aren’t able to see who the owner is or where they reside.

As for official Alexa rankings for the Blockchain Rays website, it’s evident that Nigeria and India account for the largest amounts of traffic with 59% and 29% respectively.

Based off of this, it’s very likely that the anonymous admin(s) behind Blockchain Rays is running the company out of one of these two areas.

Unfortunately, that’s as specific or detailed as I can get in this particular situation.

BlockChain Rays Scam

What Will I Be Selling With BlockChain Rays?

Moving over to the product line side of things, this is another area where there’s really not a whole lot to talk about.

Blockchain Rays is yet another MLM opportunity that doesn’t have any goods or services available for retail customers to purchase, and because of this, it’s impossible for any retail sales activity to take place.

MLM is all about retail, and whenever an entity like Blockchain Rays tries to exist without the presence of retail sales activity, that’s usually a telling sign that something fishy is taking place.

What Should I Know About The Compensation Plan For BlockChain Rays?

When it comes to making money with Blockchain Rays, affiliates for the company are asked to invest between $5 and $10,000 worth of bitcoin into the business. This investment then allows affiliates to earn an ROI of 30% that is paid every 5 days, and this works out to around 180% every month.

On top of the direct ROI payments, affiliates can earn additional cash via referral commissions.

Referral commissions within Blockchain Rays are paid to members through a unilevel system, and the payment cap for this money is set at ten total levels of recruitment.

The percentage for the commission that is paid out is dependent on which level of your downline you’re earning from, and those percentages work out as follows —

  • 10% is paid out on Level 1
  • 5% is paid out on Level 2
  • 4% is paid out on Level 3
  • 3% is paid out on Level 4
  • 2% is paid out on Level 5
  • 1% is paid out on Level 6
  • 0.5% is paid out on Levels 7, 8, 9, and 10

What’s The Membership Fee For BlockChain Rays?

If you have any interest at all in becoming a part of Blockchain Rays, you’ll need to invest between $5 and $10,000 worth of bitcoin in order to start earning money.

You can choose to join Blockchain Rays for free, but doing so won’t allow you to earn anything through the compensation plan.

Is BlockChain Rays Really A Scam?

If you’re like me, you’ve been researching BlockChain Rays and you may have heard that it is a total scam.

From what you have read above, you may not be able to tell if it is legit or not.

So, is it really a scam?

Is BlockChain Rays a scam, or can you trust the company?

I would say BlockChain Rays isn’t a complete scam, but there are definitely some things you should be cautious of – check out the conclusion to find out what those are.

Being prepared will help you be successful. Also, see below to get my tips for making money.

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My Conclusion For BlockChain Rays

Wrapping things up, Blockchain Rays does a lot of marketing on its website to promote some sort of “ideology” for itself. Further research into said ideology reveals that it’s actually nothing more than a simple reboot of the MMM Global Ponzi scheme.

As per the Blockchain Rays website, it is a “community where people help each other. Blockchain rays gives you a technical platform which helps millions of participants worldwide to connect those who NEED help to those who are ready to PROVIDE help, for FREE.”

Furthermore, the Blockchain Rays website continues with saying, “There is no central account, where all the System money flows to (and where it can be easily stolen from). All the money is only on the bitcoin accounts of the participants themselves.

On a lot of thousand and million private accounts. Participants transfer to each other directly.”

Add all of this together, and Blockchain Rays becomes a hybrid Ponzi and cash gifting scheme.

Once a drop in recruitment and investment takes place, Blockchain Rays will run into serious trouble. Considerably less funds will be available for the company to pay members that are expecting ROIs and commissions, and this is what will create for the opportunity’s ultimate demise.

Most affiliates will lose out, the anonymous admin(s) will earn the lion’s share of all the money that’s invested into the company, and that’ll be all she wrote.

I sure hope you have found all the information in this BlockChain Rays Review helpful.

Some reviews may be biased or trying to sell you something else, so I wanted you to have all the details from someone not affiliate with BlockChain Rays.

If you decided to move forward with BlockChain Rays, you’ll still need help marketing yourself.

My FREE training will help you with that.

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