What is BitLocity? (Marketing Version)
BitLocity is an e-learning platform that covers everything blockchain. With easy-to-understand modules, it’s the perfect way to learn about this innovative technology and how it can shape your day-to-day life.
BitLocity is a business made up of crypto professionals and developers who want to share important knowledge and skills with the public.
The company’s website, BitLocity.io, claims that users can fully trust the company to learn about new tools and technologies for financial freedom. Now that they are out of pre-launch, let’s check them out.
BitLocity invites users to make an investment in the business in order to receive various advantages and bonuses; however, you should read this full BitLocity review before making any investment decisions so you don’t lose money.
This is a BitLocity review and it is based on my findings after signing up through the Business Glu portal. All thoughts on this program are simply my opinions.
In case BitLocity doesn’t live up to your standards, I encourage you to read this post until the end to see how you can gain financial independence and live life on your own terms.
What is BitLocity? (Reality Version)
BitLocity is a crowdfunding or gifting MLM company that offers many tiers of commission for joining, as well as suggesting that others establish a downline network.
Basically, it’s not a scam in the sense that you will get ripped off, but you may notice it’s nearly impossible to make any real money unless you get into the higher membership levels.
BitLocity is an educational platform that covers cryptocurrency in detail.
After doing some research, I found that the education platform wasn’t anything special and that the same material could be found for free on YouTube.
Basically, they are covering these easy-to-research topics:
- What is cryptocurrency?
- What is blockchain?
- What are cryptocurrency mining and crypto trading?
- How is cryptocurrency going to transform the world?
BitLocity’s primary focus appears to be on making money through decentralized crowdfunding. However, their course doesn’t offer anything too sophisticated or advanced in comparison to what else is available online.
But What if there is a Better Business Model?
A business model with low risk, low start-up cost, affordable maintenance, traffic targeting, adaptability, and an extremely high ROI.
I am here to tell you that the above model is not too good to be true. In fact, it’s what I’m using to make thousands per month with this one site.
Let me introduce you to affiliate marketing!
An affiliate marketing business is extremely easy to start.
As an affiliate marketer, you are simply recommending products to others. The only money you need to spend will be to set up your website if you choose to buy a paid website. Low investment is one of the most popular reasons to become an affiliate marketer.
There is literally an unending list of products to sell.
Almost anything that can be bought has an affiliate marketing program.
The best part of becoming an affiliate marketer is that there are no contracts, no sales calls and you can work whenever you feel like it.
But hey, I get it. This is a BitLocity review so let’s get back into it.
Requirements For Membership to Bitlocity (Money Invested)
The requirements are pretty simple if you want to join BitLocity.
- Be at least 18 years of age.
- Have a Cryptocurrency Wallet. (see pricing section below)
- Complete our Join Process and Agree to the Policies, Terms, and Guidelines of BITLOCITY.
- Pay the annual BITLOCITY Administrative Fee of $25.00. (You can wave the admin fee, but it’s hardly worth the effort)
Let’s Talk About the BitLocity Pricing Model (Pyramid scheme)
First of all, there is a free section to BitLocity, but it’s basically pointless as I said before since you can search for the same information online without needing to sign up for anything.
BitLocity does offer paid tiers:
In order to pay for BitLocity however, you must use bitcoin.
The yearly fee for this program ranges from $25 to $100,000, depending on the quality and amount of referrals you desire. keep in mind that there are no refunds after you pay the membership cost.
The only way to make your investment worthwhile is by recruiting people into the program afterward.
I don’t think the membership price is justified because it is a pyramid system. Each membership level requires you to recruit people in order to make money.
The following are the various membership levels:
- Bronze ($25)
- Silver ($50)
- Gold ($75)
- Platinum ($100)
- Pearl ($200)
- Ruby ($750)
- Sapphire ($1000)
- Emerald ($2000)
- Diamond ($5000)
- Double Diamond ($10,000)
- Blue Diamond ($20,000)
- Ambassador ($50,000)
- Crown Ambassador ($100,000)
Basically, if you are going to want to participate in the whole system you would need just shy of $200k.
All payments must be made in Bitcoin, and they need to be exact – no more, no less. What the company neglects to tell you is that the value of Bitcoin changes frequently, sometimes even hourly…
According to their Terms & Conditions, if you don’t pay the correct amount, your payment won’t go through – meaning you’d lose all of that money paid in Bitcoin with no refund. This happened to me and many other people I know firsthand.
A small catch worth noting: The registration fee is yearly, and there is no indication that if you fail to renew, any Bitcoin stored with them will remain theirs.
Can you Make Money With BitLocity? (Or Lose Money)
To earn money with BitLocity, you must recruit new members like other pyramid schemes. Once somebody recruits someone new, they then advance up the ladder and make more commission.
The amount of money earned (BitLocity compensation plan) is based on your level of membership.
Bitlocity Compensation Plan (Similar to Pyramid schemes)
One of the hardest things to understand about BitLocity is the Infinity Line. With the $25 and $50 Bitcoin payments over and over again through the company-wide Global Infinity Line, it’s sort of like a supercomputer algorithm, that they purposefully make too hard to understand.
The reason they do that is that it’s all part of the pyramid scheme. basically, the business model is an MLM that requires a membership fee.
Like most MLM companies, the only real way you will make any money is if you are in the top recruiter pool. So if you are a higher level member paying the higher membership fee, there is a better chance of making more money.
To be totally honest, I have never found a good MLM money-making possibility. Like most pyramid schemes money invested is money lost.
I never want to lose money, especially on a pyramid scheme. Making money online isn’t supposed to be that difficult.
BitLocity is primarily focused on getting you to recruit people so that you can get to higher levels.
Bronze Level and Silver Level
The BitLocity affiliate program has two membership levels, bronze, and silver levels. These levels let you invite new members.
You get one commission, and another commission goes to another BitLocity affiliate. Once you complete these two levels, you can invite a third person.
If you achieve the gold tier or higher, you will have three subordinates who must be filled. The commissions from the first two recruits go to you, but the commission from the third recruit goes to your own recruiter.
This is known as the top recruiter pool.
Final Verdict on BitLocity
BitLocity is not an investment or financial advice platform, and it cannot guarantee that you will earn money by investing in the company.
As with any MLM network marketing business opportunity, there are risks involved when signing up for BitLocity.
BitLocity is a very popular learning platform for blockchain technology users, but many people have questioned whether or not the system is legitimate.
After extensive research into the inner workings of this MLM program, we found that BitLocity uses unethical tactics to lure users into making investments they may later regret.
One of the main issues with BitLocity is its aggressive marketing tactics and sales strategies. The website encourages members to recruit new users to gain bonuses and financial rewards.
Even though they are the first company of its kind to use blockchain technology, many people are skeptical about whether or not BitLocity is legitimate.
Until more information is released about the inner workings of the program, it is best to steer clear of BitLocity and look for other investment opportunities instead.
Thanks for reading my BitLocity review. Even though BitLocity products provide education, I would say that they have a similar business plan to an MLM. It most certainly isn’t a way to make passive income.
Also, there are way better ways to make money than using a pyramid scheme…
What Is My Top Online Money-Making Strategy?
Well first I should let you know that I’ve experimented with all of the major online business models:
- I’ve used Amazon FBA to sell cornhole accessories.
- On Shopify, I dropped-shipped iPhone Chargers.
- I’ve even used Clickbank to sell women’s health supplements.
And I made money with all of them, so believe me when I say there is no such thing as a “perfect” business model.
It’s worth noting that I wholeheartedly support real estate investing as a means of building wealth, which is why I invest my own money in commercial and residential real estate.
That being said, affiliate marketing is hands-down my #1 recommendation for making real money online as a beginner.
Top Reasons to Become an Affiliate Marketer
Whether you’re a total newbie or have been around the block but never had that “big win” to propel you forward, becoming an affiliate marketer is the by far the best thing you can do to gain financial independence.
Basically No Startup Costs
An affiliate marketing business is extremely easy to start and costs very little.
As an affiliate marketer, all you do is suggest products to other people. You aren’t making anything. If you buy a paid website, the only money you will need to spend is to set it up.
You can even use a free platform like WordPress to host your affiliate marketing site. If you don’t know much about how to set up a website technically, you can pay someone to do it for you for a small fee.
Endless Products to Choose From
There is an infinite number of products to recommend to people.
Almost every product available for purchase has an affiliate marketing program. If you get tired of writing about one type of product, you can easily switch to another.
When you become an affiliate marketer, you are not required to sign a contract requiring you to market only specific products. You have complete control over the products that will be marketed.
You Will Be Your Own Boss
Affiliate marketers are self-employed. You set work hours. You can pick your workspace and project. You can choose and change the products you sell.
Truly Passive Income
Once the upfront work is complete, you can sit back and collect paychecks with minimal effort. This frees you up to either build a new revenue stream or relax and do whatever you want.
So what are you waiting for, check out this amazing opportunity ASAP!