Is Crowd1 a Scam? Read This First Before Investing

Maybe you saw an ad about Crowd1 while browsing Facebook, and you can't stop thinking about it. Or maybe one of your friends introduced you to this new business opportunity.

You're excited to sign up, but the opportunity seems too good to be true.

Don't worry because we're here to talk about Crowd1. Some of the things you're going to learn about this venture includes its background, the person behind it, and whether it is a scam or not.

We hope that you're going to find this Crowd1 helpful, and help you make informed decisions about where to invest your money.

Crowd1 Summary

Product: Crowd1

Price to join: €99 to €2,499

Rating: 30/100

Do I recommend? No

Summary:  Crowd1 (or Crowd1 Network Ltd) is a "mobile networking community." It offers members the ability to create and maintain an online network business using different digital marketing platforms. Its so-called partners are gaming/gambling sites AffilGo and Miggster.

But is this the right opportunity for you or is it just a hyped up opportunity? Read our review to learn more.

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What is Crowd1?


According to its website, Crowd1 (or Crowd1 Network Ltd) is a "mobile networking community." It offers members the ability to create and maintain an online network business using different digital marketing platforms.

Sounds fancy, right? But the truth is hidden in the fine print. Crowd1 just wants to be a platform that will redirect you to partner online gaming/gambling sites, namely AffilGo and Miggster.

The pre-launch began in January 2019, and the business was officially launched in August 2019. Those who have signed up during the pre-launch period are called pioneers. These pioneers, according to the website, will reap the benefits of the company's success. They will also take a slice of the company's future income.

So how do you build your network and how do you earn money with Crowd1?

To build your network and earn money, Crowd1 created two websites. First is Affilgo, an online gaming/gambling platform/affiliate network. Another is Miggster, another gaming website. The second website, however, still does not have information about what it offers.

The funny thing is although Crowd1 said it has "partnered" with Affilgo and Miggster, the truth is only one person owns all three websites. The owner of Crowd1, as well as the other two websites, is Piskopianos Stelios. He is a self-described Senior Finance Professional who is also the finance director of aos Fluency Limited and Northfield Petroleum Limited. Crowd1 and the other two websites, however, are not listed in his LinkedIn bio.

Crowd1 is headquartered in Dubai, United Arab Emirates. Its company registration number is ICC20160342.

What Does Crowd1 Offer?


Crowd1 doesn't have tangible products per se. What it offers its members is an online networking platform via its gaming websites, education packages from GritHub, and owners rights worth.

GritHub is a real estate training platform based in Dubai, UAE. The type of training course it offers vary, and what you're going to learn depends on which plan you purchase.

The Bronze plan contains a simple starter kit, while the Silver plan includes a basic learning training program. If you want to level up, then you can choose the Gold plan which contains extended courses and the Platinum plan which includes professional courses. By the way, Mr. Stelios also owns GritHub.

How Much to Join Crowd1?


If you want to join Crowd1, keep in mind that there are different membership packages available for you. The cheapest is the White starter kit which costs €99 and comes with owner rights which have a value of €100.

The next membership package is Black and it costs €299. The value of the owner rights is set at €300.

The Gold membership costs a whopping €799 and has a €1,000-worth of owner rights.

Be prepared to shell out €2499 if you want to purchase the Platinum or Professional Courses package. The owner rights value is set at €3,500.If you want to join Crowd1, keep in mind that there are different membership packages available for you. The cheapest is the White starter kit which costs €99 and comes with owner rights which have a value of €100.

The next membership package is Black and it costs €299. The value of the owner rights is set at €300.

The Gold membership costs a whopping €799 and has a €1,000-worth of owner rights.

Be prepared to shell out €2499 if you want to purchase the Platinum or Professional Courses package. The owner rights value is set at €3,500.

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What is Crowd1's Compensation Plan?


Here is a rundown of Crowd1's compensation plan.

The returns you're going to earn depend on the type of investment you've made with Crowd1. Let's say that you invested in White package which costs €99. You'll receive €100 in owner rights shares. Invest in the Black package €299, and get €300-worth of owner rights shares.

Those who invest in the Gold package (€799) will receive €1000-worth of owner rights shares. Those who invest in the Titanium package (€2499) will receive €3500-worth of owner rights shares.

Check out the different ways you can earn with Crowd1.

Product Package Sales Bonus

The company has a binary compensation structure. This means that the first two people you sponsor as Associates are placed on the left and right sides of your downline. When the persons you have sponsored also bring in two other people, they too, are placed on the left and right side of the sponsor's team. The growth of your downline has no limit.

The binary points you are going to receive depends on the investment volume accumulated by your team. Sell a single White package that costs €88 to get 90 binary points. Sell a single Black package that costs €299 to get 270 binary points.

One Gold package sold by your team member is converted to 720 binary points, while one platinum package sold for €2,499 is equivalent to 2,250 binary points.

Streamline Bonus

This type of bonus depends on the number of Associates you have personally sponsored. Let's say you are a Level 3 associate who has personally sponsored 2 other associates. They have purchased the White package, so your owner rights per week are now at €7.50. This increase as you ascend the ranks to Level 15.

Keep in mind, however, that this does not give you additional owners rights. This bonus is calculated every Friday, midnight GMT.

Matching Bonus

Help the associates you've sponsored build their business and achieve their goals to get a matching bonus.

For example, if you have sold a membership package to at least four other associates, you'll be eligible to get a 10% matching bonus on the binary points they get. This is a bonus from Crowd1 and will not be taken from the associates you have already sold a membership package to.

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What I Like About Crowd1


The website looks professional

It's obvious that the owner splurged when it comes to the website. It looks nice, uncluttered, and completely professional that if you're not a discerning investor, you'll be dazzled by it and will not notice that something is amiss.

What I Don't Like About Crowd1


Expensive membership packages

The bad news is Crowd1's membership packages are expensive. The base price of the White membership is set at €99 which is equivalent to $110 (as of writing). The Black membership is set at €299 ($334), while the Gold membership retails at €799 (894). The highest membership package price is €2,499 or roughly $2,790. That's a month's worth of salary for many people.

The point is if you're not well-heeled and you don't have a lot saved for your initial investment, then this is not the opportunity for you.

A slick website that lacks essential information

You have to credit Crowd1 for developing a beautiful website. The overall look of the website is professional and expensive. It does not look cluttered, but it lacks critical information about what the company offers at first glance.

What exactly does Crowd1 offer? What are its terms and conditions? Who runs this website? These are just some of the questions that you'll ask when you visit the website. You need to navigate away from the home page and peruse its terms and conditions to know exactly what it offers, its compensation plan, and other essential information about it.

If the owner can pay for a beautiful website, then surely he can add several pages more to make it easier for prospective members to get more information.

It's still in pre-launch mode

According to its website, the Crowd1 pre-launch runs from January 2019 to August 2019. It is now August 2019 (during the time this review was written), but it seems that Crowd1 is still in pre-launch phase.

Is Crowd1 a Scam?


Crowd1 is still in pre-launch so it can be hard to say if it is indeed a scam or a legit opportunity. But that doesn't mean there are no red flags concerning this opportunity. It's still in the pre-launch phase, but some people are already claiming that they have earned money from this opportunity.

Its partner gaming websites are also not working yet (as is the case of Miggster) or still in soft launch (Affilgo). Because the sites are still in soft launch (or not even launched), it can be many months or even years before you will see a return on your investment (if at all).

The membership packages are also so expensive for such "products." Imagine spending €99 for a White membership package. Or if you want to splurge, a dizzying €2,499 for a Titanium membership. We've covered a lot of companies here, but this is, by far, one of the most expensive membership fees we've ever come across.

Is it worth your time and money? Maybe if you have a lot of discretionary income and you're willing to gamble your money on such an investment.

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Kat
 

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