BBC Token Review – Legit Token App or Huge Scam?
With a number of new companies springing up, chances are that you’ve already heard of BBC Token aka The Blue Baikal Cryptocurrency Token.
In this review, I will go over almost everything there is and the need to knows about this company, it’s products, cost and more.
BBC Token provides little to no information on it’s website and about the business, who runs it or owns it. The website domain states that this domain was registered in July 2019.
As usual, if any MLM company hides the identity of the people who own and run the business, be vary, do your own research and think hard before joining this program and handing them your hard-earned money.
Keep reading to know more!
Name: Blue Baikal Cryptocurrency Token (BBC Token)
Owners: Not Given
Price: $10 minimum investment
What is BBC Token?
BBC stands for Blue Baikal which means a blockchain-based platform that helps connect the entertainment content producers, creators, and influencers with the consumers in a bid, that will help them grow and earn the maximum profits within the entertainment business.
Blue Baikal aims to work with creativity, integrity and cultural diversity in the entertainment business and extend it’s limits beyond that of the current entertainment industry’s.
They believe that there is a missing link in the production process and the delivery of the entertainment content to the consumers. In most of the cases, the consumer or the public’s participation is missing.
Their major activities revolve around the following pillars:
- Social media: reward the type of social media based on entertainment.
- Digital content store: an online store that buys entertainment content.
- Crowdfunding: An investment platform that supports new entertainment projects.
Problems Blue Baikal Aims to Solve
The value chain of online entertainment content includes 3 steps:
- Content design and production
- Content distribution
Each of these steps additionally requires the content producer to consider 3 things:
Which platform to distribute and
How to secure and retain users
In the current scenario, there’s a limit to attracting funds with the help of the existing methods. At the same time, content producers also pay hefty amounts of money as fees charged by distributing their content over a large number of platforms. This also contributes in increasing the overall cost for the user’s acquisition and retention.
BBC Token’s Solution To The Problems
Blue Baikal helps and connects the content producers with the end consumers to maximize the growth, reach and profit of the entertainment business. It also provides an ecosystem that allows a fair distribution of profits.
How to join BBC Token?
Joining BBC Token as an affiliate is free but you are required to download their app and to gain the best benefits from BBC Token, you need to invest a minimum amount of $10.
BBC Token Products
BBC Token has no retail products or services to sell to their customers. They only allow affiliates to join the program and sell the BBC Token affiliate membership to the others.
BBC Token Compensation Plan
The people who sign up to BBC Token as affiliates are required to download an app and invest their money in BBC Tokens as a promise of advertised return.
You can invest amounts ranging from $10 to $10,000 which can be paid either in bitcoin or ethereum. Once invested, the affiliates receive a 0.6% daily return that is paid in BBC Tokens on their app for 365 days of a year.
BBC also charges a $50 fee on each investment you make. They pay referral commission through a unilevel compensation structure as follows:
- Recruit 1 affiliate investor = earn a 10% referral commission on level 1 (personally recruited affiliates)
- Recruit 2 affiliate investors = earn 10% on level 1 and 5% on level 2
- Recruit 3 affiliate investors = earn 10% on level 1, 5% on level 2 and 3% on level 3
- Recruit 4 affiliate investors = earn 10% on level 1, 5% on level 2, 3% on level 3 and 2% on level 4
- Recruit 5 affiliate investors = earn 10% on level 1, 5% on level 2, 3% on level 3, 2% on level 4 and 1% on level 5
- Recruit 6 affiliate investors = earn 10% on level 1, 5% on level 2, 3% on level 3 2% on level 4 1% on level 5 and 0.5% on levels 6 to 10
- Recruit 7 affiliate investors = earn 10% on level 1, 5% on level 2, 3% on level 3, 2% on level 4, 1% on level 5, 0.5% on levels 6 to 10, 0.2% on levels 11 to 15 and 0.1% on levels 16 to 25
Blue Baikal Cryptocurrency Token aka BBC Token is yet again, another MLM scam that is conducted through their app. It is guaranteed that a majority of the people signing up for this program as bound to lose their money.
The main product of BBC Token is the token itself! This token, in reality, holds no value outside the company which is problematic because people are spending real money in buying these tokens that carry only an internal value.
You cannot trade these tokens publicly. So, if tomorrow, BBC Token were to completely disappear, the affiliates will be left with absolutely nothing but the tokens which are worthless.
Because of this very reason, my advice to you is to save, your investment for another company that will actually pay you back.
The largest MLM app wallet Ponzi scheme at the moment is Cloud Token, which is quite similar to Blue Baikal Cryptocurrency Token (BBC Token ).
Thank you for stopping by and reading my review on Blue Baikal aka BBC Token review.
If you have anything to share about this program, feel free to do so in the comments section below.
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