Star Crypto Mine Review – Huge Scam Or Legit System?

Star Crypto Mine ReviewAll around the internet, Star Crypto Mine 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 Star Crypto Mine.

Is Star Crypto Mine truly a scam?

Can you build a solid business with Star Crypto Mine?

I have gathered all the details about Star Crypto Mine so you can make an informed decision.

I’ll tell you everything you need to know in my Review Of Star Crypto Mine.

Let’s get started.

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What The Heck Is Star Crypto Mine?

Right off the bat, Star Crypto Mine doesn’t make a very good first impression with its official website.

The appearance of the website looks good enough, but there’s hardly any available information in regards to background information (e.g. who owns the company, who founded it, where in the world it’s based out of, etc.)

With this being the case, it is worth noting that the Star Crypto Mine website displays a message saying that it is a —

“sister concern [sic] company of Perenco. Perenco, a Leading Independent Exploration and Production Company for Oil and Gus [sic].”

After doing a bit of research, I was able to learn that Perenco is in fact a completely legitimate gas and oil company that appears to have been founded all the way back in 1975. However, aside from Star Crypto Mine’s website pretty much ripping off the website for Perenco in regard to both content and design, there doesn’t look to be any legit connection between the two entities.

In regards to the domain name registration, the Star Crypto Mine domain was registered on October 21 of last year (2016). However, due to the private nature of said registration, there’s no way of telling where in the world it took place or who was behind it.

Current Alexa rankings for the website indicate that India accounts for the largest source of all traffic for Star Crypto Mine, and as such, it’s safe to say that the anonymous admin(s) behind the company is based out of the country.

Star Crypto Mine Scam

What Are The Star Crypto Mine Products?

Looking at the product line that Star Crypto Mine has to offer, there’s very little to see.

Star Crypto Mine follows in the footsteps of many other MLM startups that I’ve been seeing as of late, and that’s to say that there isn’t a legit product line to be found anywhere here.

Nothing is being sold or marketed to retail customers, and affiliates have nothing more than the affiliate membership to try and sell to those that might be interested in it.

All of this comes together to create for a situation in which there’s a total lack of any retail sales activity, and this is never something you want to see when looking at a new business opportunity to get involved with.

What About The Compensation Plan For Star Crypto Mine?

Moving right along to the compensation plan being offered by Star Crypto Mine, we’re met with a setup in which affiliates earn by first investing money on the promise that they’ll be able to secure a daily ROI for 100 days that pays 1.5%.

Furthermore, if affiliates are able to “complete a task” that they are given, that ROI amount is then increased to 3%. Additionally, completing an unnamed task every hour will reward members with a bonus of 0.00001 BTC.

There are also residual commissions that affiliates can earn off of, and these are paid out and organized through the use of a binary system.

Positions in the binary setup are filled through both direct and indirect recruitment, and the total amount of investment activity is totaled up on both sides at the end of each day.

Affiliates are then paid a commission of 15% based off of the new investment volume that’s been match on both sides of the system, and any volume that’s leftover is then carried right on over to the next day and is then added to the total during that count.

While these extra earnings are nice, 50% of all the money that’s earned here needs to be reinvested back into Star Crypto Mine.

What’s The Cost Of Joining Star Crypto Mine?

If you’re at all interested in becoming an affiliate for Star Crypto Mine, you’ll need to pony over an investment of at least $1.

However, just like all other opportunities along these same lines, choosing to invest more and more money will allow you to potentially earn more through the ROI that is being offered.

So, Is There A Star Crypto Mine Scam Going On?

Have you heard that Star Crypto Mine 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 Star Crypto Mine 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 Star Crypto Mine Review And Conclusion!

Star Crypto Mine is really trying to sell the idea that it’s somehow connected with Perenco, but there isn’t any proof at all that the two companies are related.

Perenco is a legitimate business that’s been around since the 70s, and Star Crypto Mine just registered its domain name this past October and is supposedly able to generate an ROI through the production of both oil and “gus.”

The only source of money that’s making its way into Star Crypto Mine is that of affiliate investments, and these are then turned around and used to pay off the ROIs that are owed to existing affiliates.

In other words, Star Crypto Mine is a Ponzi scheme.

Just like all other Ponzi schemes that have come before it, Star Crypto Mine will only be around as long as people continue to join and invest money. Once this activity dies down, the company will be faced with an inevitable collapse.

A collapse will see most people losing out, with only the anonymous admin(s) earning anything of real value once all is said and done.

Did you find this Star Crypto Mine Review useful?

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

If you decide to proceed with Star Crypto Mine, I want you to be successful.

Get my free training that teaches you my methods.

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