My sponsor told me that by paying #40,000 that I’m buying a share with crowd1 and after much persuasion I thought it was fair to invest my money since I would be earning a sum of #15,000 every week. Even though I could use the money for something else, I thought to myself that if invested the money for at least 3months I would have earned myself the sum of #15,000 ×4weeks × 3months
if you do your calculations very well, that should give you an aggregate of #180,000 wow! That is getting more than 400% of your investment in just three months.
Is that even possible?
But the slogan of Crowd1 is “impossible is nothing” so I shouldn’t be an unbeliever and just invest. Please was I gullible? Even if I didn’t want to believe it, it was quite persuading enough to decide for myself whether or not to change my life with this kind of opportunity,..
The 9,000,000 crowd on the platform must have believed the same thing. I’m not alone in this; she must have thought to herself.
And I as the interviewer of this lady, I felt so much pity for this lady as she chuckled at her foolishness after realizing what she’s gotten herself into which is why I’ll use this medium to clear the misconception about crowd1.
I think what many people understand about crowd1 to be (on the contrary) an investment platform where you get a percentage of profit for your invested cash but this is not so at all. Let me explain it this way for you to understand in the simplest way that I can:
Crowd1 is a mobile networking and marketing company: what’s the meaning of this? (Then it will be appropriate to ask)
WHAT IS A MARKETING COMPANY/AGENCY?
A marketing agency or a marketing company is a business responsible for research, analysis, strategy, branding and promotion of products or services. Other roles of a marketing company or sometimes synonymously called a marketing firm is to implement and manage marketing strategies to achieve business goal. So after defining the nature of crowd1’s nature of business now let’s talk about how it applies to Crowd1 inside this article and how is actually works..
So now that you know what a marketing company is and you already catch a glimpse of what crowd1 does, lets now explain in details so you can understand this just like A B C.
WHAT IS CROWD1?
Now, Crowd1 is a mobile marketing company that offers its user a post-paid e-learning program in various field of interest, this is the legit deal. According to crowd1 every educational package on crowd1 contain at least up to 55hours of online e-learning and training. These e-learning packs gives every members the power to educate themselves on different field of interest.
Which means for joining crowd1 by buying and “educational package”(not a share) you’re automatically signing up for an online school of learning. Interesting, right? 😀 but if you were told you’re signing up for an online e-learning to educate yourself would you pay for it? Funny but honestly, education has never been free, trust me just that the packaging can be different from the other one.
But that’s not all, Crowd1 isnt trying to be shady or promise what they are not its just that to help the branding as marketing company.
They devised the best compensation plan for choosing their platform and buying their packages because they believe it was your choice and you need to be compensated and that’s how the compensation plans came to be. And like the cover of a book, the reward on crowd1 has taken the face and displaced the real essence so that it has confused many to believe that crowd1 is money making site and the world is in recession, now is a good time to exploit the desperate, ambitious and naïve minds to getting more cash for themselves.
Yes people are making money off the compensation plans leaving many to believe it the best opportunity to “get rich quick” but let me clear your confusions right here and now.
Those who are making huge profit for using crowd1 are influencers and local marketers who have successfully sponsors referrals on the platform which is very great but most of those they sponsored don’t know what crowd1 is really about all they know is that: since the sponsor has testimonies of earning then they are bound to earn too, Yes but not the same way!
What does this mean? I’ll explain
Its sadly to say that the emphasis that has been laid on Crowd1 Rewards (which was supposed to be perceived as your royalty reward that you receive from using your bank’s credit card; I mean those funny credit alerts you get) has misled many into joining crowd1, I mean many joined for the profit isn’t it?
So just like that loyalty reward program you’re used to from your fiat bank, same is implemented on crowd1; you get rewards in form of loyalty points (like incentives) that grow every week, that’s the streamline bonus you claim every Wednesday though there are other bonus structures, in fact they are five in total that users are entitled to. Check the figure below
Those points are used to calculate your quarterly dividend pay-out from the company through its point sharing. Now let’s analyze your earnings as a nominal user without the aim of getting referrals. Since its not a easy thing paying 40,000 for an unknown e-learning program, at least as student you check out the brochure of an institution before taking the form but majority has been made to believe that crowd1 is an investment site where you join and earn profit of invested money and get rich without working for it. Although its not a pyramid scheme program neither is it an investment site. But no matter how you think about it, only those who can work their ass to sponsor people on the platform has the chance to benefit maximally from the “Crowd1 Rewards”
Now let’s say you bought the “White Package” for an average price of #40,000(NGN) and for the first two weeks you couldn’t invite/sponsor 4members that buys at least “White Package” plan through you. That means you automatically lost the “Fear of loss Bonus” challenge which worth €125. And let’s also take for instance you no intentions of sponsoring anyone or you’re just not a skilled marketer who knows how to convince people at doing a business, what are your earnings per month?
* Crowd1 Reward defines the Affiliate’s right to a proportional amount of benefits made by the Company from agreements entered with third party companies. Each Crowd1 Reward will represent a value equal to the total value to be distributed among Affiliates divided by the number of available Crowd1 Rewards. When you happen to receive Crowd1 Rewards as part of your bonus this will be generated by an auto-buy at the exchange rate of 1 Crowd1 Reward equals 20BP (1 BP = 0.1€). Crowd1 Rewards are being offered during the pre-launch period only. Limited offer.
Now calculating your Monthly income on Crowd1 in the first stage as a normal member without sponsoring anyone:
From the above figure your earning starts from 1.25C1 at stage 1 every week and if you have been following,.. We said 1 C1 Reward is equal to 20BP and 1BP = 0.1€
So let’s calculate your earnings as a starter: let’s say you were able to accumulate 50C1 Rewards in a month and you don’t know how much you’ve earned yourself, this is how to calculate your earnings…
50C1 × 20BP × 0.1€ = [press your calculator] the answer you get is how much you’ve earn in Euros.
Please note that the calculations above is just an instance, your earnings are solely determined by every crowd1 members’ engagement on the site. And I’ll like to quote crowd1’s disclaimer(Just an abstract)
CROWD1 INCOME DISCLAIMER
LAST UPDATED ON MAY 18th, 2020
WE HAVE MADE EVERY EFFORT TO ACCURATELY REPRESENT THIS WEBSITE, AND SERVICES. WE PROVIDE ABSOLUTELY NO GUARANTEE THAT YOU WILL EARN ANY MONEY OR ACHIEVE A FINANCIAL GOAL USING THE METHODS, INFORMATION AND SUGGESTIONS IN THE CONTENT PROVIDED. ANY EXAMPLES OR DEMONSTRATIONS PROVIDED ARE IN NO WAY A GUARANTEE OR PROMISE THAT AN INDIVIDUAL WILL MAKE FINANCIAL GAINS OF ANY KIND. THE POTENTIAL FOR EARNINGS IS TOTALLY DEPENDENT ON THE PERSON USING OUR WEBSITE, SERVICES, METHODS AND IDEAS. THIS WEBSITE DOES NOT PROVIDE OR RECOMMEND A “GET RICH SCHEME” OR A “MAKE MONEY SCHEME”.
The later part of the Disclaimer Reads: “YOU MUST DO YOUR OWN INDEPENDENT RESEARCH PRIOR TO ENGAGING IN ANY KIND OF BUSINESS ACTIVITY INCLUDING ANY ACTIVITY WHEN YOU HAVE EXPECTATIONS OF SPECIFIC RESULTS OR FINANCIAL RETURNS.” You can read the full content HERE
So that’s it. Many don’t do their own research before joining earning programs online and as Crowd1 disclaimer reads, the crowd on crowd1 sites majorly ambitious people who’s willing to take advantage of Crowd1 rewards to make a living for themselves.
You might also need to know that crowd1 Reward will not exceed the prelaunching stay. This means that if Crowd1 launches fully to global market by 2021. All crowd1 rewards Ail be halted as the company would have achieved its goal of reaching a particular membership number. That last I checked on crowd1 blog, the goal is 1Billion membership so there is still time to make some cash to yourself if you can work for it. You’re responsible for your own actions. Read the disclaimer very well and understand it. You can also download their terms and condition to read. Crowd1 is an established company with legal backings. Its your duty as a member to know what’s up.
So on this note, I’ll conclude this article by saying that crowd1 is not an investment platform and does not promise/guarantee a certain amount of earning for a period of time.
If this article was educative, kindly drop a comment and share this with your friends. Thanks for reading! See you around!