Be granted is one of those schemes that are making rounds on the social media networks. As a matter of fact, you that are reading this review now might have gotten the news of it through the social media or anywhere on the internet. Someone might have approached you with the idea of joining the scheme and now you wish to find out if Be Granted is a pure scam or real online income opportunity. This you shall find out by the time you are done reading my review.
But first, I wish to let you know that I am not in any way associated with Be Granted neither do I promote it.
What is Be Granted?
Be granted claims to be a crowd funding peer to peer company that deals on Bitcoin; where participants are encouraged to invest as low as 0.03 BTC to start earning commissions. The details of how it works and compensation plan will come later on this post. However, there are other things I would like to get off my chest and that is the fact that Be Granted does not have any background information. You can notice the ‘’about me’’ above this website that explains who owns this website right? But Be Granted does not have such information, no way to know who is running Be Granted website or who owns it so that prospects can at least know who they are dealing with.
However, I managed to find out the domain registration date which was on the 11th of Nov. 2016 but still, there were no details as to who owns it because it was privately registered. This is a red flag for me due to the fact that disclosure of ownership shows some level of honesty.
Again, when I snooped around a little more I discovered that most of its traffic comes from Nigeria, Poland, France, Russia and the United States, but Nigeria has the highest percentage. Then, one could deduce that the owner might just be from Nigeria.
How Does Be Granted work and Compensation plan?
Just so you know, Be Granted does not have any line of product neither is it affiliated with any sort of retailing product. So, it is all about investing into Be Granted and recruit new members in order to earn commissions.
- Be Granted is using 2×4 matrix system to decide commission payout. The least and the first level requires a new registrant to invest and pay off 0.03 BTC to the person that recruited him so that he will get a spot in the matrix system and will, in turn, get 0.03 BTC from 2 new recruits that join the matrix system in 30 days time.
- After getting the payments from these 2 new recruits then you can move on to level 2 where you are expected to invest another 0.05 BTC so that you can get 0.05 BTC from other 4 new recruits each in 30 days time.
- Level 3 requires you to invest 0.15 BTC to earn 0.15 BTC from 8 different members in 30 days time.
- While level 4 requires you to invest 0.5 BTC in order to earn 0.5 BTC from 16 members in 30 days time.
There is another package called the ‘’Global Automatic’’. A member is qualified for this package if he is able to recruit 3 new members in the first month of joining Be Granted. From what the website is trying to say is that you can earn 16 BTC in a month through the local platform which has level 1 to 4 and the Global Automatic platform. A member should be able to make 8 BTC from each of these platforms in a month.
What’s required to join?
Everyone is eligible to join so long you have at least 0.03 BTC that could make you an active member in order to earn a commission.
Is Be Granted a pure scam or legit?
Just like other schemes in its category; this is a Ponzi scheme where there is no product but using other people’s money to pay others, and it is as simple as that. The question now is, is it sustainable? Well, that depends on the admin/owner and the participants because if the owner can be honest enough without putting himself first, the scheme may last for a while. However, there is an eminent crash or collapse of the system when the time comes and many will lose their money.
Be Granted may not be tagged as an outright scam but the system and how the owner refused to disclose his identity would rather make me be apprehensive.
Honestly, to join scheme such as the Be Granted is like gambling hoping that you don’t lose. So, if you are planning to join you might as well condition your mind that anything can happen. By so doing you will not be taken by surprise just in case you lose your money, fair enough? Ok.
Nevertheless, if you have the time and interest to invest in some other kind of online income opportunity that is 100% legit, then I would suggest you build your own online business that could thrive for like forever when you do all the necessary things. If you are interested in learning this click right here and join Wealthy Affiliate.