Bytesi Review: SCAM Crypto MLM or Legit? Let’s take a look…
- Crypto MLM Reviews
- November 19, 2024
Welcome to my Bytesi Review!
If you’ve stumbled upon Bytesi, you might be wondering if this is your golden ticket to passive income. On the surface, it promises big rewards with minimal effort. But, as with any “too good to be true” opportunity, there’s more to the story. Let’s dive deep and uncover the truth about Bytesi.
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If you want to know more about Bytesi.cc keep reading…
The Mystery Behind Bytesi’s Ownership
Bytesi doesn’t exactly roll out the red carpet when it comes to transparency. The company offers little information about who runs it or where it’s based. What we do know is that Bytesi operates through multiple domains:
- bytesi.cc – The marketing website, registered privately on October 3, 2024.
- h5.bytesi.net – An app domain, registered privately on January 9, 2024.
- h5.bytesi.vip – Another app domain, registered with fake details on July 24, 2024.
- bytesi.com – Initially registered in 2017, but abandoned and privately updated in January 2024.
Despite these registrations, Bytesi boldly claims it was founded in 2017—a clear contradiction to the actual dates. To add to the confusion, the company flaunts a Nevada LLC certificate as a “business license,” attempting to appear like a legitimate U.S.-based operation.
What Does Bytesi Sell?
This part is simple: nothing. Bytesi doesn’t offer any tangible or digital products. The only thing affiliates can promote is Bytesi’s membership program. This lack of a real product is a major red flag for any MLM opportunity.
Bytesi’s Compensation Plan: What You’re Signing Up For
Affiliates are required to invest in USDT (a cryptocurrency stablecoin) in exchange for promised returns. However, Bytesi keeps its specific investment tiers hidden from the public, adding another layer of mystery.
Referral commissions are available for recruiting new investors. The system works on a unilevel compensation structure, paying commissions across three levels of recruitment. Yet, much like the investment tiers, the actual rates are undisclosed.
How to Join Bytesi Review
Joining Bytesi is technically free. However, to fully participate in its compensation plan, affiliates must make an undisclosed minimum investment in USDT. The lack of clarity here is concerning—how can you trust an opportunity when you don’t even know the buy-in?
Is Bytesi Just Another Ponzi Scheme?
Bytesi runs on the infamous “click a button” Ponzi model. Affiliates log into the app, click buttons, and supposedly generate profits through “quantitative trading.” Sounds magical, doesn’t it? Unfortunately, clicking buttons doesn’t create wealth. Instead, Bytesi uses funds from new investors to pay returns to earlier participants—a hallmark of Ponzi schemes.
The Bigger Picture: “Click a Button” Scams
Bytesi is far from unique in its approach. This model has been used in countless other schemes, such as FlokiAI and QubitsCube, all of which eventually collapsed. These scams tend to last a few months before disappearing, leaving most investors with significant losses.
The Inevitable Downfall
Like other Ponzi schemes, Bytesi will collapse when recruitment slows. With no real products or services and no verified external revenue, it’s only a matter of time before the payouts stop. When that happens, the majority of participants will lose their investments.
Final Thoughts: Should You Invest in Bytesi?
While the idea of easy money is tempting, Bytesi’s lack of transparency and reliance on recruitment make it a risky gamble. Unless you enjoy taking financial risks with zero guarantees, it’s best to steer clear of this scheme.
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