Is Crowd1 a Scam? (Ponzi Scheme Alert!)

Hey, Welcome to my Crowd1 Review!

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Are you introduced to Crowd1 by someone you know and they told you how you can make a big load of cash?

Or maybe you saw it on an ad on social media.

And now you are left wondering, is Crowd1 a scam?

How can it be so easy to make money? Well, since this business opportunity is still new, I am going to take the advantage of that.

Before you plan on investing your hard-earned money into a new business opportunity, you should know enough about it, agree?

Firstly, I am really proud of you for taking your valuable time to do your own research before purchasing any course or services.

Secondly, that’s how you find the best proven method to avoid scams and make real money online instead!

I want to show you everything about this company before you even get your feet wet. It’s background, who founded it etc.

I will even go as far as showing you a little secret of my own, but that’s only if you stay til the end of the review. Alright, let’s dig right into it.

Overview

Crowd1 Logo

Name: Crowd1

Website: https://crowd1.com/

Owners: Piskopianos Stelios

Price: €99 upto €2,499

Launched: 2019

SAP Ratings: 25/100

Best Suited For: People who have some decent experience with online networking businesses and who wants to earn an extra income.

Summary: Crowd1 is an online networking business partnered with different digital platforms, crowd1’s members are allowed to create and maintain a network business by using the different digital marketing platforms called AffilGo and Miggster.

Recommended: No, I do not.

What Is Crowd1?

This is the most asked question about Crowd1 since it was first mentioned or announced to the public.

Crowd1 Network Ltd or just Crowd1 is a mobile networking business that gives their members the right to create and maintain a network business by using digital marketing platforms.

Those who joined this newly formed MLM business during the pre-launch are called pioneers, and these pioneers are the ones that will make most of the money.

Why?

Well, according to Crowd1 that’s because they will be on the top, and everyone else below them or those who joined after a year or two will be way under.

They will be getting a big piece of the company’s future income just because of that.

So this is what Crowd1 really does in a nutshell. They want you to partner with the digital platforms, AffilGo and Miggster.

Even though they say that they are partners with them, the founder of Crowd1 is actually the same person running these digital marketing platforms.

AffilGo and Miggster are online gaming and gambling digital platforms, but Miggster is still a little unknown to the world.

I couldn’t find more than a grain of salt on their website.

If I have to be frank with you, I feel like a lot of information is missing when it comes to Crowd1.

How Does Crowd1 Work?

This is the first time I reviewed a network marketing company that has no real product for you to sell or any product at all.

Tranont, CTFO and Reliv International, all have physical products for you to sell.

Crowd1 is THE product, makes sense?

You see, this mobile networking company is the product itself, you are provided with tools and strategies to maintain your online network business.

And some courses from GritHub on how to get your owner rights, mostly by investing into the digital marketing platforms they are “partnered” with, Affilgo and Miggster.

In a nutshell, that’s how you make profit, by investing in these gaming digital platforms.

You can see everything that’s happening by using the Crowd1’s app.

Here are the education packages they offer from GritHub.

  • Bronze Plan
  • Silver Plan
  • Gold Plan
  • Platinum Plan

Crowd1 Education Packages

How Can You Join Crowd1?

First of all, you need to download the Crowd1 app on Google Playstore or Appstore, but the app is free. In order for you to really join them, you would have to purchase a kit.

Membership kits vary in prices, the cheapest one is the white kit, that cost €99 with an owner rights of €100.

After the white kit, you have the black kit that cost €299 with an owner rights that has a value of €300.

The 3rd kit is the gold kit and it is much more expensive than the previous two, this kit cost €799 with a €1000 worth of owner rights value.

The last and most expensive package they have is the platinum kit that’s worth €2499 with an owner rights value of €3500.

It would be wise not to opt for the most expensive package, and the reason I say that is because the company is still a little bit shady.

You don’t want to put a lot of money into it just to hear the company is gone, doesn’t exist anymore.

So play it safe, there is no rush.

What Is Crowd1’s Compensation Plan?

Crowd1’s compensation plan is not as complicated as I first thought, let’s see what I can tell you about this compensation plan.

1. Owner Rights

Owner rights are nothing more than shares, so when you start investing in Crowd1, you will get shares (Owner Rights). And depending on which packages or kit you are in, that’s how much you are going to make.

The kits are bronze, silver, gold and platinum respectively, so you will earn €100, €300, €1000 and €3500 respectively.

But don’t go for the platinum package right off the bat, ease your way in.

You will earn more and more once the company’s income starts growing.

2. Residual Income

Crowd1’s compensation plan follows a binary compensation structure, what that means is, that whenever you recruit 2 new associates for the company, one will be put on the left and the other on the right.

And every other associates they recruit will be divided and categorized into the left and right side as well, this can go on and on without a limit.

As you pyramid starts to grow, so will your income. (Is Crowd1 a pyramid scheme?)

Binary Compensation Structure

3. Matching Bonus

This also depends on the package or kit you are in, whenever an associate you recruited, recruits, you will get 10% on the binary points they get.

For example if you invested into the bronze kit and you recruited 4 associates than you will earn 10% commissions from those level 1 associates.

For the silver kit it is 8 associates and you can make 10% commissions on the 1st and 2nd level. You can make up to the 4th and 5th level.

4. Fear of Loss Bonus

This is a bonus every new member is eligible for. In the first 14 days when a new affiliate is able to recruit other affiliates, they will gain this bonus.

  • 125 euros when you recruit 4 associates with the white kit.
  • 375 euros when you recruit 4 associates with the black kit.
  • 1000 euros when you recruit 4 associates with the gold kit.
  • 3000 euros when you recruit 4 associates with the platinum kit.

Here’s a video explaining crowdfunding with Crowd1.

Is Crowd1 BBB Accredited?

This is also a question a lot of people are asking when they see a new company like this, but this is by no means an indication of a scam.

Crowd1 is not accredited with the better business bureau at the time.

But if they are serious about this than they probably will sooner or later, because being accredited by the BBB means your company will gain that much more trust and authority.

What I Like About Crowd1 / The Pros

I would like to talk about the things I like about this company first before I get into the dislikes.

  1. A New Way To Earning: This company brought a whole new way of making money by crowdfunding and networking with online businesses.
  2. Professional and Aesthetic Website: The website is without a doubt professional looking, they really focused on the design of the website, looks good and professional. If you didn’t know better you would think it is from a high quality company.

What I Don’t Like About Crowd1 / The Cons

  1. Pre-launch: Crowd1 was supposed to be pre-launch from Jan 2019 to Aug 2019, but somehow it is still here. There’s a possibility that the founder just left the business sit for now, sorry for those who invested.
  2. Expensive Kits: The kits are in my opinion too expensive for people who are trying to make money. Now, I know investing is a part of business, but this will be a huge issue for those who are still saving money.
  3. No Owner Identification: Based on my research, I can conclude that the founder of Crowd1 is Piskopianos Stelios, but they didn’t make that public or anything.
  4. No Physical Products: This can be an issue too if you are not familiar with crowdfunding, since Crowd1 has no tangible products to offer you.

Is Crowd1 a Scam?A scam

Some people claimed they are already making money with this company, but from my research and my standpoint, I refuse to believe that.

Crowd1 and its partnered companies, Affilgo and Miggster, are still in pre-launch.

Even though they have long passed the pre-launch date, this raises a big question mark and red flag for me. The genuineness is not there.

They don’t show any signs of being a scam or a pyramid scheme, but if I had to choose with a gun to my head, I would say yes.

But in all honesty, the closest thing to call Crowd1 is a ponzi scheme. Ponzi schemes are exactly what Crowd1 is doing at the moment.

Promising you that you will make money by investing into the company’s early stages without any proof of actually succeeding.

Aside from that, this business opportunity is not cheap to start with. With the cheapest package costing you at least 100 euros.

And that’s just for a membership fee.

My Final Verdict On Crowd1

You should know by now that I definitely do not recommend anyone to join this company or business opportunity. If you are still interested in Crowd1, wait a few more months or a year.

See how it goes and than make a decision based on the situation the company is in.

But I wouldn’t count on it to be honest with you.

However, if you are still interested in making money online which I know you are, I have a little something I would like to show you.

I promised you at the start of the review that I will be showing you something if you stayed till the end, so here it is.

That something is affiliate marketing, but to be really specific, Wealthy Affiliate. Thanks to Wealthy Affiliate I am able to make a 4 figure income online and it is still growing.

Wealthy Affiliate is one of the first if not the first affiliate marketing training platform, with 14+ years of experience. The best thing about WA is, it is FREE to join.

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I hope you found this review about Crowd1 valuable, and if you have any questions regarding this company don’t hesitate to ask, I will get back to you as soon as I can.

Stay Cool & Humble

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