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Crowd1: Is it a Scam or Legit?

Crowd1 (or Crowd1 Network Ltd) is a “mobile networking community.” It offers members the capability to build and maintain an online network business using different digital marketing platforms.

 

This is where you get paid for just signing up and activating your account. You get it without recruiting anybody, however, you get more when you start recruiting. There are 15 Levels in Streamline Bonus. You are placed on Level 1 even without recruiting anybody, and you’ll be paid on weekly basis.

 

Crowd1 just wants to be a platform that will redirect you to partner online gaming/gambling sites, namely AffilGo and Miggster.

Crowd1’s website domain (“crowd1.com”) was first registered back in 2007. The domain registration was last updated in October 2018.

Stelios Piskopianos of Crowd1 Network Europe Ltd is listed as the owner, through an address in Cyprus.

Cyprus is a scam-friendly jurisdiction with little to no MLM regulation.

 

According to his LinkedIn profile, Stelios Piskopianos has a financial services background.

Piskopianos (right) is currently Finance Director of AOS Fluency Limited (“business process outsourcing”) and Northfield Petroleum Limited (private equity investment firm).

 

Curiously, Crowd1 does not appear on Piskopianos’ LinkedIn profile.

Whether Piskopianos is working alone or with others to run Crowd1 is unclear.

Stelios Piskopianos appears to be a fall guy. Crowd1’s Spanish shell company records reveal Jonas Erik Werner is running the company from Sweden.

 

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 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.
Crowd1’s owner rights investment opportunity is a securities offering, which requires registration with financial regulators.

 

Crowd1 provides no evidence it has registered with any financial regulator – namely in South Africa, the Netherlands and Colombia, which Alexa currently pegs as top sources of traffic to Crowd1’s website.

 

Having not registered with financial regulators, Crowd1 is thus operating illegally in every country it solicits investment in. The only reason an MLM company would opt to operate illegally, is if it isn’t doing what it says it is.

 

In the case of Crowd1, that would be using external gaming revenue to pay out owner rights shares returns.

As it stands the only verifiable source of revenue entering Crowd1 is new investment.

 

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.

 

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.

 

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.

 

Final words

I personally would not go into or bring people into something that is questionable. There are way too many good opportunities that I cannot risk recommending Crowd1. If you’re really looking for an opportunity that is built to last, IMMERI is such an opportunity. I invite you to read about the Immeri opportunity here.

 

And let me know your thoughts about Crowd1. I probably have not presented the opportunity correctly. Educate us please. What is your experience with crowd1? Let’s know about it.

Neksummi Matthias

I've been marketing on the internet since 2007 and I've classified aspiring internet marketers into three groups. First, people who want to make money without putting in the required effort to learn and the capital to get their business started. Second, people who give up easily when things don't work out the way they anticipated and third, people who have learnt a lot, put in much money, have been persistent, yet things haven't worked for them because they weren't doing things the right way or they were on the wrong platforms. If you're in the first 2 categories, I'm sorry I may not be of much help to you. But if you're in the third category or if you're entirely new to internet marketing and you'd like to learn from someone who's mastered the ropes, I'm willing to pour myself into you. Start your journey to internet marketing success today with my number one recommendation.

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