Bitshares 324 Review – Ponzi Scheme – MLM Scam

Website & Company Information

The web domain was registered privately on the 26th of March, 2020. Unfortunately, the website doesn’t provide any information about who owns or runs the company.

Lack of information about the team is not a good sign, and it raises a lot of concerns about the company’s activities primarily if it’s operating in the Crypto investment niche.

Also, since the domain was registered privately, we couldn’t know who is behind this company.

Let’s move on to the next section.

What products does the company offer?

The company portrays itself as an investment platform where its users deposit e-money and start earning daily ROI.

However, Bitshares 324 doesn’t have any retail products to offer, and this is not good for certain jurisdictions like the U.S and Canada.

And if you promise any return of investment, then you must obtain a license from regulators — Bitshares 324 does not provide any license certificate on its site.

Bitshares 324 Compensation Plan

Bitshares 324 affiliates invest money into the platform to get the advertised returns:

Beginner Plan

  • HOURLY PROFIT
  • 0.15% FOR 2160 HOURS
  • Min-Max Deposit: $10 — $5,000
  • Duration: 2160 Hours ~ 90 Days
  • Daily Profit: 3.6%
  • Total Return: 324%

Intermediate Plan

  • HOURLY PROFIT
  • 0.19%FOR 1200 HOURS
  • Min-Max Deposit: $50 — $10,000
  • Duration: 1200 Hours ~ 50 Days
  • Daily Profit: 4.56%
  • Total Return: 228%

Referral Commissions

The company pays commissions to its affiliates via a unilevel compensation structure, capped at three levels.

Break down on the percentage to be earned per level:

  • Level 1–5% (Direct recruitment)
  • Level 2–2%
  • Level 3–1%

Joining Bitshares 324

Joining Bitshares is tied to any one of its investment plans. The minimum investment required to join the company is $10.

Conclusion

First of all, there is no genuine proof of income. The company claims of generating revenue through crypto trading and arbitrage. We couldn’t verify these claims.

Bitshares324.io is a professional investment platform and fund management group whose main activity is Crypto Arbitrage

Add to that, Bitshares 324 fails the Ponzi logic test. Think about it for a moment, if the owners of the said investment scheme can generate a daily ROI of 4.56%, then why would ask you for money? That too as little as $10 LOL!! Jeff Bezos would look like a tiny man in front of this so-called ‘expert traders’

There is also a lack of transparency here, there are no mentions of the team, and the domain was registered privately. The company won’t show any proof of its revenue which takes us to a conclusion that the only verifiable income coming into the company is newly invested funds paying off existing members.

This simply means that Bitshares 324 is a Pyramid Scheme and its all the money allocation game that will suddenly collapse.

WE DO NOT RECOMMEND YOU TO JOIN BITSHARES 324!!