Crowd1 is now one of the most sought-after platforms for those looking for wealth but unfortunately, there is more to it. I would be running down a whole bunch of things you probably need to know before signing up using your hard earn money.
Many have joined but realized it was already too late, if you’re reading this post and you’re yet to, kindly read to the end and make sure you have an idea of what you’re going into.
What is Crowd1?
Crowd1 is an online network marketing platform that allows users to earn money through networking. It has been considered a pyramid scheme and Illegal by over 9 different countries across the globe. The platform is majorly dominated in South Africa with over 9,000,000 members, executives, and marketers.
With several events across the globe, cruises, real estate, travels, and conferences carried out every year, it has now become a cause for concern as many ask, how do they make their money? where does the contribution by members go?
How Does It Work?
You sign up for crowd1 using a sponsored referral link where the user earns a certain percentage of commissions called network bonuses, the platform is free to join. You can join as a member, customer, or entrepreneur, according to their website easy peasy! right?
Well, let me land you the biggest shock, you have to subscribe to a package before you can earn a penny, Renze, one of the founders through his webinar encourages users to buy an educational package on the c-store. There are four different packages;
Here are the four educational packages offered by crowd1 with various benefits
|Titanium Pro||3999 Euros|
You need to purchase at least 1 of these packages to become an active member so you can earn by sharing your unique link, then you get access to educational materials they claim would teach you how to earn more than 1 million euros every month.
Crowd1 Investment (Not an Investment)
The platform claims and encourages users not to get it twisted, enforcing that crowd1 is not an investment platform and it’s strictly networking, well if it’s not, how do they make one a millionaire?
The app is also available on the play store where users can use their crowd1 login details and even buy souvenirs like t-shirts and more.
In this digital age, various network marketing platform has emerged using money doubling and racketeering to entice under-developing counties as many countries have considered pyramid schemes illegal.
Crowd1 is not legit and it’s clearly a pyramid scheme using, the founders make tons of money for less or no value in return thereby leaving the users with no other option than to introduce it to more people.
According to an investigative journalist from BBC, she made it known that the educational material provided by those packages just cost $4 on Amazon. She further stated that she only made 3 Euros from a package valued at 2,499 Euros.
The company is not registered and has been banned in some countries like Morocco, Singapore, and Dublin among others. Many have used their life savings just to end up disappointed, so if you can’t get people under you don’t try it! If you have any experience, remarks, and questions, use the comment section below, I would be glad to help.
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