WelFunding Review – Huge Scam Or Legit System?

WelFunding ReviewAll around the internet, WelFunding 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 WelFunding.

Is WelFunding truly a scam?

Can you build a solid business with WelFunding?

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

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

Let’s get started.

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What The Heck Is WelFunding?

Looking at WelFunding, we’ve got another company in the MLM landscape that has decided to not include any amount of background information on its official website.

If you’re searching for info on who owns the company, who originally founded it, or where in the world it’s physically based out of, you’ll be completely out of luck. The anonymous admin(s) behind WelFunding for some reason decided that none of this info is relevant, and this results in the business being completely faceless.

Moving along from the website itself, the domain name (welfunding.com) was first registered last year on March 5, 2016. However, after looking at the domain closely, I was able to see that it was just recently updated on March 13 of this year.

While this information is good to know, the private nature of the domain registration means that it’s impossible to tell where it took place or who the owner is.

Current Alexa rankings for the WelFunding website showcase that Japan serves as the largest source of traffic with a whopping 69%. Germany is is second place with 14%, and with this information in mind, it’s safe to make the assumption that the admin(s) for WelFunding is running the company out of one of these two countries.

WelFunding Scam

What Are The WelFunding Products?

As for the product line that WelFunding has to offer, this is another area where the company lacks considerably.

There are no goods or services being marketed or sold to retail customers, and this creates for a company in which affiliates have only the affiliate membership to try and sell to people that are looking for a new income opportunity to join.

Whenever you come across a setup in the MLM world in which something like this is taking place, it means that there is a total lack of retail sales activity.

Retail sales often serve as one of the primary sources of income for any multi-level marketing opportunity, so when one is missing from a setup like it is with WelFunding, you are pretty much guaranteed to be dealing with an entity that exists within the MLM underbelly.

What About The Compensation Plan For WelFunding?

Gifting bitcoin between members is the name of the game when it comes to WelFunding’s compensation plan, with affiliates gifting this money via a 4×7 matrix system.

Level 1 starts out by having affiliate gift 0.07 BTC to the person that originally got them to join WelFunding, and this then makes them eligible to receive 0.07 BTC from four other individuals that they recruit to join the company as well.

This is the same general activity that takes place throughout all of the levels of the matrix system, with them specifically functioning in the following manner —

  • People in Level 2 gift 0.14 BTC and then receive the same amount from sixteen affiliates
  • People in Level 3 gift 0.28 BTC and then receive the same amount from sixty-four affiliates
  • People in Level 4 gift 0.56 BTC and then receive the same amount from two hundred and fifty-six affiliates
  • People in Level 5 gift 1.12 BTC and then receive the same amount from one thousand and twenty-four affiliates
  • People in Level 6 gift 2.24 BTC and then receive the same amount from four thousand and ninety-six affiliates
  • People in Level 7 gift 4.48 BTC and then receive the same amount from sixteen thousand and eighty-four affiliates

What’s The Cost Of Joining WelFunding?

If you like what WelFunding has to offer and you’re interested in becoming a member for the company, you will be required to gift a bare minimum of 0.07 BTC to the affiliate that recruited you to join.

With that being said, full participation in the compensation plan will force you to increase that gift amount up to as much as 8.89 BTC.

So, Is There A WelFunding Scam Going On?

Have you heard that WelFunding 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 WelFunding 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 WelFunding Review And Conclusion!

As I mentioned earlier on in this review, one of the biggest red flags for WelFunding is its lack of a product line. No legitimate MLM opportunity can exist without any retail sales activity, and that’s exactly what’s taking place within this subject.

Affiliates join WelFunding by gifting money to the person that recruited them to join, and this is literally all that the opportunity consists of.

The anonymous admin behind WelFunding more than likely has multiple positions preloaded at the very top of the matrix, and this will allow them to earn the majority of all the money that is dumped into the company.

WelFunding will come to a quick collapse once recruitment and gifting activity dies down, and while the admin(s) make off with whatever they earn, everyone else who joins will likely end up losing out.

Did you find this WelFunding Review useful?

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

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

Get my free training that teaches you my methods.

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