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Bitassets Venture’s website has no information on who owns or operates the firm.

On June 17th, 2021, Bitassets Venture’s website domain (“bitassetsventure.com”) was registered.

The registration is solely for personal use. Only a partial address in Occitanie, France, has been revealed.

Bitassets Venture claims to be located in Seoul, South Korea on its website.

This is implausible, given that the building Bitassets Venture uses to represent its headquarters is located in the United States:

Despite just being in business for a few months, Bitassets Venture has granted itself a slew of made-up awards:

As always, if an MLM firm is not honest about who runs or controls it, consider twice before joining and/or turning over any money.

Products from Bitassets Venture
Bitassets Venture does not provide any retailable items or services.

Affiliates can only promote Bitassets Ventures’ affiliate membership.

The Compensation Plan of Bitassets Venture
Bitassets Venture affiliates spend money with the prospect of high returns:

Basic Plan – Invest $150 to $50,000 and get 112.3% back in 6 days.
Standard Plan: Invest $50,000 or more and get 113.08% compounded over 6 days.
Basic Compounding Plan: Invest $10,000 to $50,000 and earn 158.8% in 28 days.
Standard Compounding Plan: Invest $50,000 or more and get 196.6% compounded over 42 days.
All withdrawals are subject to a $5 fee by Bitasset Venture.

Bitassets Venture’s MLM program compensates affiliates for direct and indirect recruiting.

Commissions for Recommendation
Bitassets Venture gives a 10% fee on monies invested by affiliates who are directly recruited.

Rewards for Regional Representatives
Bitassets Venture affiliates can become Regional Representatives if they have a downline of sixty affiliates that have invested.

The monthly compensation for Regional Representatives is $500.

Company Director Bonuses
Bitassets Venture associates are eligible to serve as Company Directors.

personally investing at least $20,000;
personally recruiting a minimum of 10 affiliates; and
producing a total downline investment volume of $100,000
Company Directors are paid $2500 per month plus a $10,000 Rolex watch.

Ambassador Benefits
Affiliates of Bitassets Venture are eligible to become Ambassadors.

personally invested at least $30,000;
at least twenty affiliates individually recruited; and
produced a total downline investment volume of $200,000
Ambassadors are paid $5,000 every month, “plus a trip to the company’s headquarters and 24 hours of free shopping.”

Participating in the Bitassets Venture
Membership in Bitassets Venture looks to be free.

To fully participate in the associated income potential, a $30,000 investment in recruiting and upkeep is required.

Conclusion
Bitassets Venture claims to generate external revenue through

Investment activity involving skilled professional traders trading on financial markets and cryptocurrency exchanges.

There is no indication of participation in these activities. There is no indication of Bitassets Venture collecting income in any other way.

Regardless, if Bitassets’ mysterious owner could truly produce 2.3% each day constantly, they would not be selling access for as little as $150.

As of now, new investment is the sole verified source of revenue entering Bitassets Venture.

Bitassets Venture is a Ponzi scam since it uses fresh investments to pay out returns.

As with other MLM Ponzi schemes, once affiliate recruiting is exhausted, the fresh investment will dry up.

This will deprive Bitassets Venture of ROI revenue, eventually leading to its demise.

Ponzi schemes’ logic ensures that the vast majority of participants lose money when they fail.

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