Kryptogenex Review – Huge Scam Or Legit System?

All around the internet, Kryptogenex 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 Kryptogenex.

Is Kryptogenex truly a scam?

Can you build a solid business with Kryptogenex?

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

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

Let’s get started.

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What The Heck Is Kryptogenex?

On the Kryptogenex website, you won’t find much of anything in the way of background info.

There isn’t any mention of who owns the company, where it’s based out of, when it was founded, or anything along these lines.

However, after a bit more digging, it is possible to tie some faces to the company.

The domain name for the Kryptogenex website was registered on January 16, 2018, but because the registration was done privately, it’s impossible to tell where it took place or who owns the domain.

There’s a YouTube video called “KryptoGeneX – Meet The Founder” that was uploaded to the YouTube channel “KryptoGeneX” on February 12 of this year, and this gives us some insight as to who’s running this show.

In the video, Brandon Ivey (also referred to as Bitcoin Brandon) claims to be an affiliate based out of California in the United States. He then lists off five of the Kryptogenex co-founders, including Stephen McCullough, Jeramie Keen, Kathy Keen, Will Fjetland, and Mike Boggs.

If McCullough’s name sounds familiar, that’s because he was previously one of the co-founders for SkyBiz.

SkyBiz first launched quite a few years ago and was hit with a lawsuit by the FTC in 2001 for operating as a pyramid scheme. Affiliates for the company handed over $125 for access to an “e-Commerce Web Pak” and then got paid to convince other people to do the same thing.

According to evidence obtained by the FTC, over 96% of all affiliates that joined SkyBiz ended up losing money.

McCullough and his co-defendants eventually settled for $20 million.

Based on what I can see, none of the other co-founders of Kryptogenex have been involved in the MLM world before.

Kryptogenex Scam

What Are The Kryptogenex Products?

On the product line side of things, Kryptogenex is promoting an education toolset that claims to teach “everything you need to know about bitcoin and cryptocurrency.”

If you want to gain access to the material, you’ll need to hand over $250.

What About The Compensation Plan For Kryptogenex?

As for the compensation plan, affiliates earn cash for selling the $250 education suite to both retail customers and other affiliates.

When a sale is made to one of these people, the selling affiliate is rewarded with a commission of $100.

Along with this, affiliates can earn an extra $25 on top of that whenever selling the education materials to a retail customer and not another affiliate.

If you manage to sell the education materials to 100 different people, you’ll be given a MacBook Pro of the “latest version” of an iPhone or Android smartphone.

There’s also a presence of residual commissions that are handled using a binary system.

Points are added to the binary whenever access to the education platform is sold or another affiliate is recruited into Kryptogenex.

As more points are added, members stand to earn greater commissions.

What’s The Cost Of Joining Kryptogenex?

If you want to join Kryptogenex for yourself, you’ll need to pay $250 for the education platform and then $50 every year following that.

Something worth noting is that all payments within Kryptogenex (both money you pay and earn) are handled using bitcoin.

So, Is There A Kryptogenex Scam Going On?

Have you heard that Kryptogenex 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 Kryptogenex 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 Kryptogenex Review And Conclusion!

At the end of the day, Kryptogenex ends up being nothing more than a recruitment scheme seeking to solicit as many people for as much cash as possible.

First off, the product offering is bogus. Information about bitcoin is readily available online for free, and anyone that wants to be an affiliate is required to buy access to the platform.

Recruiting more and more affiliates is clearly your best shot at making as much cash as possible, and with this in mind, it becomes pretty clear why you should try avoiding this one at all costs.

Most people that join Kryptogenex will end up losing out, and when that happens, recovering lost funds will be next to impossible. This is little more than a SkyBiz reboot, and that fact should be reason enough on its own to stay the heck away from Kryptogenex.

Did you find this Kryptogenex Review useful?

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

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

Get my free training that teaches you my methods.

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