So the Crowd1 wave continues in Kenya. There’s a certain video on YouTube, hosted by a man with a Nigerian accent, interviewing one Mr. Davis, who is claimed to be the head of Crowd1 in Kenya.
Quick things to noteThe quality of the video does not represent the image of a big scam platform like Crowd1.Crowd1 is not an online business investment platform, it’s an online MLM pyramid schemeWho is Mr. Davis?
One thing you should always remember is that con artists walk around freely after freeing you of your hard-earned cash. They have bundles of cash, which they have scammed from you and can afford the luxury of bribing their way out of any legislation. Another thing is that Kenyan laws are not so strict on online platforms thereby making it very easy for companies with questionable products to make it into our online space.
Of course Crowd1 is a disguised scam, you and I know that. We know the operative model of a pyramid scheme, we’re just too greedy to accept that. The lie that Crowd1 is an online business, is even a shame to the Kenyan authorities.
Crowd1 is an online MLM scheme that offers shares that you can purchase and earn from building an online network of investing members shares as well. Basically, MLM scheme. The program offers something like educational training guides on various topics from real estate to crypto-currency trading, some shit tutorials you can basically get free online. Simply put, a collection of free information you can find online, freely.
Simple answer. They’ll never tell you that. You can’t get that information online. We know the owner of Microsoft, Google, Facebook.. Basically the biggest companies in the world, but we are unable to know the owner of crowd1. Scam. Run… These guys entered the Kenyan market. The Kenyan representative is a Mr. Davis. Really?
*No products.What you will get when you make an investment to join Crowd1 will be educational training products on topics like: Real Estate, Funding and Marketing.. bla bla bla. These are basically things you can get freely if you know how to Google. You will also get access to platforms like AffilGo, Miggster. AffilGo is just an affiliate site where members can generate money through the gaming companies that are participating. Miggster is an online mobile game and social media games platform.Basically, you’re throwing your money into the wind. There’s nothing more on offer on Crowd1.
The first thing that they need you to do in order to get started is to join one of the investment levels to qualify for commissions from the opportunity that Crowd1 offers. That’s basically paying money to be receiving money. I have never understood why people fall for this.
The Levels
White Level – Pay 99 Euros (KES 12,075) and receive 100 Euros worth of shares
Black Level – Pay 299 Euros (KES 36,470) and receive 300 Euros worth of shares
Gold Level – Pay 799 Euros (KES 97,458) and receive 1,000 Euros worth of shares
Titanium Level – Pay 2,499 Euros (KES 304,817) and receive 3,500 Euros worth of shares
- Residual Commissions (binary pay)
- I will not discuss this. This is basically the MLM scheme. The mad scheme of referrals and points and network scam money. Matching Bonus (unilevel pay)
Another multilevel scheme
When you recruit 4 White Level affiliate members you will earn €125 EUR.
When you recruit 4 Black Level affiliate members you will earn €375 EUR.
When you recruit 4 Gold Level affiliate members you will earn €1000 EUR.
When you recruit 4 Titanium Level affiliate members you will earn €3000 EUR.
If you want to lose money, join Crowd1. A company with no retail products. A company whose external revenue is generated through online gambling. I wouldn’t join. Make your choice.
There's a very good DISCLAIMER on the Crowd1 website. Maybe you should read it below. When shit goes south...