Givers Crowdfunding Review – Huge Scam Or Legit System?

Givers Crowdfunding ReviewAll around the internet, Givers Crowdfunding has been getting lots of buzz.

It would not surprise me if you told me you’ve heard of it, or someone has pitched it to you.

It’s also really popular on social media.

This first thing you should know is that I am NOT an affiliate or distributer for Givers Crowdfunding.

Is Givers Crowdfunding truly a scam?

Can you build a solid business with Givers Crowdfunding?

I have gathered all the details about Givers Crowdfunding so you can make an informed decision.

I’ll tell you everything you need to know in my Review Of Givers Crowdfunding.

Let’s get started.

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What The Heck Is Givers Crowdfunding?

Givers Crowdfunding is one of the latest MLM opportunities up for the full review treatment, and right off the bat, I wasn’t met with the best first impression upon visiting the company’s official website.

Givers Crowdfunding hasn’t provided any info on their official site in regards to who owns the operation, who runs it on the executive level, etc. This is all important information that is usually found on the website for any legitimate MLM opportunity, so the fact that it’s missing here is a bit troubling.

With the website being mostly a dud, I decided to move over to the domain name registration for the Givers Crowdfunding site. Here I was able to see that the domain was first registered on October 20th of this year (2016), and that the owner of the domain is listed to be someone by the name of Kevin Icecreast. In addition to this, there’s an address provided for Texas in the United States.

There’s a promotional video that’s hosted on the Givers Crowdfunding website, and the video was originally uploaded to the YouTube channel that belongs to “Kevin Icecreast.”

This isn’t the first time that I’ve seen the Kevin Icecreast name pop up in the MLM world, and thanks to my past research into other companies out there, Kevin Icecreast doesn’t actually exist at all.

The Kevin Icecreast name first popped up with the Ponzi scheme My Earnings that launched in August of this year, and the same name was also found on a marketing video for My Earnings as well.

However, shortly after it launched, the My Earnings scheme completely collapsed and the website is non-responsive at the time of this writing.

In addition to My Earnings, the same admin(s) behind that also launched Progmatic AdsPaid in January – another Ponzi scheme.

Givers Crowdfunding looks to be the third scheme by the same person or group of people that were behind My Earnings and Progmatic AdsPaid, so there’s already a pretty solid idea of what kind of opportunity this one will turn out to be.

Givers Crowdfunding Scam

What Are The Givers Crowdfunding Products?

In regards to the product line being offered by Givers Crowdfunding, there’s not a whole lot to talk about here.

This is because Givers Crowdfunding has made the move to not include any sort of product line with the way their opportunity is structured, meaning that affiliates have nothing more than the affiliate membership itself to market and sell to prospective buyers.

When someone does decide to sign on with Givers Crowdfunding as an affiliate, they must then gift money to the person who recruited them to join the company.

This gifting of payments is primary action that takes place within Givers Crowdfunding, and once a payment has been gifted to another affiliate, the person who gifted that money is then able to access a host of ad credits.

These credits can be redeemed to display customer advertising on the Givers Crowdfunding website, and this is a move that you only ever see with schemes or scams of some sort.

What About The Compensation Plan For Givers Crowdfunding?

Moving on over to the compensation plan, affiliates for Givers Crowdfunding earn money by gifting so much to other affiliates.

This action of gifting payments is organized through the use of a 3 x 7 matrix, with positions in the matrix being filled by direct and indirect recruitment methods. The matrix is complete once all of the 3279 positions have been filled, and there are 7 different levels for affiliates to invest in.

To get started, an affiliate must gift $30 to the affiliate that recruited them to join the company. Once this payment has been received, the affiliate that gifted it is then eligible to receive $30 from three other affiliates that join the company after them.

Each higher level requires a larger gifting payment, but it also comes with a greater reward. For example, gifting $360 at the level 5 spot allows an affiliate to receive $360 from two hundred and forty-three subsequently recruited affiliates.

What’s The Cost Of Joining Givers Crowdfunding?

In order to become an affiliate for Givers Crowdfunding, you’ll need to gift a bare minimum of $30 to the affiliate that recruited you to join the opportunity.

With that said, you’ll need to boost that amount all the way up to $2590 if you’d like to fully participate in everything that Givers Crowdfunding has to offer.

So, Is There A Givers Crowdfunding Scam Going On?

Have you heard that Givers Crowdfunding is a scam?

It’s hard to tell if this is true or not, because a lot of people are just trying to sell you something.

So, from reading this, is Givers Crowdfunding a scam or is it legit?

I would say not exactly, but there are a few things to watch out for, find out what in the conclusion.

Learning about these things will make you successful – and see below for my FREE training on how to market yourself.

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Finally, My Givers Crowdfunding Review And Conclusion!

As per the Givers Crowdfunding website, the company is a “donation and reward crowdfunding platform IE peer-to-peer, launched online by several same minded people and IT experts.”

In the world of MLM, the words “donations” or “peer-to-peer” is always a telling sign that you’re dealing with a cash gifting scheme.

That’s exactly what we’re dealing with here with Givers  Crowdfunding, as affiliates are paying other affiliates on the idea that they’ll be able to earn a form of commission as a result of sending that payment out.

When asked as to whether or not their operation was legal, Givers Crowdfunding said, “Our crowdfunding is based on voluntary donation and we do not guaranty any return or profit from your donations. Donating voluntary or giving help to other people in good faith has always been legal.”

Here’s the deal though – voluntary giving simply isn’t what’s taking place here.

A real and honest donation is made when you give someone money and don’t expect anything in return. Affiliates for Givers Crowdfunding are giving money on the idea that they’ll receive something back, and this is why the company is operating as a cash gifting scheme.

As all schemes like this tend to go, Givers Crowdfunding will run into major trouble once new recruits stop joining the operation. This will result in payments taking longer and longer to be sent out, and eventually the entire operation will completely collapse.

Most people will end up losing out, with only the anonymous admin(s) earning anything of real value.

Did you find this Givers Crowdfunding Review useful?

I wanted to gather all the details for you, because I have noticed other Givers Crowdfunding reviews have been scant on details.

If you decide to proceed with Givers Crowdfunding, I want you to be successful.

Get my free training that teaches you my methods.

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