Type of System: MLM / HYIP / Passive System
In this AverCrypto Review, find out if you can make a long term 7.36% Daily ROI or if it’s just another Ponzi Scheme that is designed to steal your hard earned money. I have been reviewing these types of systems since 2017 and reviewing MLM companies in general since 2013, so I have a lot of experience and can walk you through this review quickly.
Many people are feeling desperate because of all the different things that are happening in our time which is causing a lot of folks scouring the internet for ways to ‘increase’ their income.
However with that said, most people are not knowledgeable in the world of finance and especially investing.
Pay attention to this review as I will show you how to distinguish an opportunity that is legit from something that is not.
AverCrypto The Company:
On their website they are showing pictures of a gentleman they claim is their CEO going by the name of Dan Sanford.
Unfortunately their is no information about this individual (digital footprint) online.
His image above is also not triggering any real images of anyone named Dan Sanford which is leading me to believe that he is a ‘fictional’ made up character with a fake identity.
He does not exist!
They are ‘claiming’ that they are legally licensed with a UK Incorporation. They are also claiming that they have been around since 2021 but in reality they have only been around since June 16, 2021.
A UK Incorporation Certificate is meaningless because they are unregulated.
In order to be a legal and legit in the UK to offer the public a ‘passive’ investment opportunity, they would need to register with the FCA (Securities Regulator for UK).
They are not showing any such registration.
AverCrypto Domain Registration:
The domain was created and registered on June 16, 2021 using names cheap and private registration. In my experience reviewing these types of investment systems, many scammers use names cheap nowadays.
AverCrypto Product Line:
They have no retail able products or services. Affiliates have only their make money affiliate memberships to market and promote.
AverCrypto Investment Plans:
At the time of me doing this review, they have one investment plan that is promising investors a 7.36 daily ROI for life.
AverCrypto Compensation Plan:
AverCrypto Referral Program (Affiliate Program / Network Marketing):
They are using a Uni line compensation plan that is paying to a depth of 3 levels deep. Network Marketers and Affiliates Online can make income by referring others into the system:
- Level 1 – 6%
- Level 2 – 2%
- Level 3 – 1%
They are also promising higher level referrals but are not disclosing what it takes to qualify as a ‘Representative’ in order to earn these higher commission percentages.
- Level 1 – 10%
- Level 2 – 4%
- Level 3 – 1%
Cost To Join AverCrypto:
1- Free for all Network Marketing individuals, but if you join for free you can only earn referral commissions listed above.
2- $35 is the minimum investment listed for ‘passive’ investors.
Watch The Full AverCrypto Review:
As my job as a reviewer, I will represent some obvious facts about this company and investment program leaving you with enough information to make an ‘educated’ decision…
1- They are anonymously owned. The CEO Dan Sanford can be no where to be found online with zero digital footprint outside of their website. This means that the individuals who actually own this investment scheme are doing their best to ‘hide’ behind the scenes.
People who hide are usually hiding from something and that’s usually the long arm of the law.
2- AverCrypto is not legally registered with the FCA in the UK or any other Securities Regulator in the world which means they are operating as an illegal fraudulent investment opportunity.
3- They claim to have been around since 2020 but their company website was only registered in June 16th , 2021.
4- They are not showing any evidence of any revenue aside from Network Marketing Recruitment to pay the investors.
5- Unsustainable ROI: Yes 7.36% daily for life does sound appealing but no financial institution in their right minds would ever offer you such high returns because they would go out of business real fast!
If these anonymous people behind AverCrypto could actually come up with a way to get 7.36 daily through investing, why would they need some random stranger like you?
Why would they need a Network Marketing Compensation Plan?
If they were truly ‘expert’ investors and traders, all they would need to do is march into the biggest bank in London and take out a huge investors loan and silently make Billions of dollars for themselves!
Once network marketing recruitment dies out, so will the way to pay investors (if they even pay you at all) causing a collapse and Scam Exit letting the anonymous owners run off with everyone’s Crypto!
This Concludes my AverCrypto Review.
Rory Singh is a Home Business Development Coach, Blogger and You Tube Publisher.
I have seen many people, companies and systems come and go in my years online. I have 3 decades of experience in the MLM industry (since the 80’s) and have been online since 2006 (as an affiliate marketer).
I have been doing Reviews since 2013.
If you are still looking for a way to create a full time income, then feel free to take a look at: