All In Blockchain Review – Ponzi Scheme  –  MLM Scam

Website & Company Information

The web domain of the company was registered on the 2nd of March 2020 and was later updated on 2020–06–01.

The website does not provide any information about the owner or the team of the company. All In Blockchain’s website looks like an affiliate sign-in/registration form.

We did some research on the internet, and we found the first marketing video of company, and it was uploaded in the Turkish language. And, at the time of writing this article Alexa estimates that 83.7% of traffic to All In Blockchain’s website originates out of Turkey.

As per the evidence we have found on the net, we can say that the company is being run from Turkey by some anonymous people.

As always, if the company is not being transparent about its corporate structure, then you must think twice before handing over your hard-earned money to anonymous people on the internet.

All In Blockchain’s Products

The company does not offer any products or services. It only sells its affiliates membership plans that are aimed at bringing more users into the system.

The matter of concern here is the lack of retail option. An MLM must provide a retail option if it is catering to clients from the U.S and Canada.

All In Blockchain’s Compensation Plan

The affiliates invest a minimum of $30 or more on the promise of 10% to 30% monthly returns. Below is the breakdown of returns according to the investment volume:

  • invest $30 to $999 and get 10% a month
  • invest $1000 to $4999 and get 12.5% a month
  • invest $5000 to $9999 and get 15% a month
  • invest $10,000 to $24,999 and get 20% a month
  • invest $25,000 to $50,000 and get 30% a month

Note: All the returns are paid in twelve months, and affiliates are allowed to withdraw their principle.

Referral Commissions

The company pays a 10% commission on funds invested by direct recruits.

Residual Commissions

All In Blockchain also pays residual commissions via a binary compensation structure.

Joining All In Blockchain

Joining All In Blockchain’s affiliate membership is free, but full participation in the attached income opportunity requires a minimum investment of $30

Conclusion

ALL IN BLOCKCHAIN has nothing to do with the crypto-blockchain industry. In fact, it is a pure MLM scheme under the guise of a blockchain-related business.

The company is still fresh and does not hold any license from any financial regulators that would allow them to offer securities legally.

The company also does not hold any forex license.

Operators of the scheme are anonymous and most probably based out of Turkey. But the real question is, why are they hiding their face and name?

All in Blockchain also fails the Ponzi logic test because if the operators are able to make 30% ROI a month, then why do they need your money? Why are they begging you for a mere $30 investment?

As what we can verify, the only money going into the system is new affiliates investment and the same is being used to honour withdrawals. Once new funds dry down, the system will collapse, and you know what happens then!