As the spread of the crypto industry is increasing, new new projects related to it are coming out. India is also not untouched by these crypto projects. Nowadays a new crypto project is very much discussed in India, which is claiming to give people a chance to become a billionaire by giving 250 rupees. Information from the official website of this project shows that this company has been working in India for the last 14 months. It has more than 2 lakh members and is spread over India as well as 20 countries. Also, the company’s turnover in India is more than 7 crores. We are talking Neway Crypto About this.
According to the website, the company describes itself as associated with BTTC and Brise token. It is worth noting that Bittorrant Chain (BTTC) operates Tron Community while Brise token is a native token of Bitget project. However, there is no mention of this company on the official website of these two, so we cannot officially confirm this connection. In this article, we are going to know what is the business plan of Neway Crypto and how this company works.
BJP
The Neway Crypto introduces multi -level marketing in the world. Most multi -level marketing companies sell something and together make you a member of their marketing team by promising unlimited income. The Neway Crypto is a similar company, its business plan is also similar, it makes you a member of your marketing team by taking a registration fee of Rs 250. You get 2 lakh BTTC token with this membership. Although it is seen, 2 lakh BTTC token takes a huge amount to hear, but today the price of BTTC Token is 0.00005382 rupees, meaning Rs 10.70 was valued for Rs 2 lakh token.
So why will you buy a goods of 10-12 rupees by paying 250 rupees. This answer the BJP in its business plan, which according to the Neway Crypto, it gives you a chance to become a billionaire. After registration, the person gets autonised to connect the new member with the Neway Crypto. Each member adds 100 rupees to a person adding a person.
Roadmap to become a billionaire from 250 rupees
On its website, the company also describes the entire roadmap to become a billionaire from Rs 250. The familiar level strategy of multi -level marketing has also been adopted here. Whenever a new person joins the company, he gets a place on Level 1, by adding 5 new members, he reaches Level 2. With this, the pyramid goes on growing and as soon as he reaches the 4th level, a person becomes millionaire, millionaires at the Sixth level and reaching the eighth level. The company has made all these claims on its official website. If You want to know how to login in the Neway Crypto, So click on this link.
What is the source of the company’s income
The company makes it clear about the income of the member on the official website but does not reveal anything about the source of its income. However, if seen according to the company’s business model, then the company is giving a BTTC token of Rs 10-12, in lieu of registration fee of Rs 250, then a source of income of the company is clear. The company has also brought a franchise model as well. According to the company’s website, any person can also take a franchise of the company for 25000 rupees.
Where the company is working
By the way, the company claims to work in 20 different countries. But the names of these countries have not been explained on the website. However, the company has mentioned the 17 states of India on its official website where it is working. Bihar, West Bengal, Odisha, Chhattisgarh, Punjab are the main ones. Even the company is working in Dumka in Jharkhand. Meaning where the financial inclusion has not been able to reach till now, the Neway Crypto is doing Crypto Inclusion.
The security score of the Neway Crypto website
The security score of the website of the Neway Crypto has been found to be extremely low (22.5) on platforms like RIP-Off Detector. The score suggests that the site is close to the websites that have been associated with the first scam. Additionally, alerts related to phishing, malware and unsolicited mail have also been reported on the website. Such indications show that the site has serious flaws about security, which can threaten users’ data and investment. All these flaws have not yet been corrected by the platform.
Conclusion
Neway Crypto Crypto and multi -level marketing have an innovative combination, but there is a big gap between its claims and reality. Even though the company talks about making a billionaire from Rs 250, security scores raise many serious questions. Especially when the company connects itself with big projects, but there is no mention of their official websites, then the investors should be alerted.
In such a situation, it is necessary that any person should do completely research before investing in such a crypto project and instead of being affected by the greed claims, see what is the company’s transparency, validity and long-term value. Crypto has opportunities, but the threats of fraud are also no less.
