Cryptocurrency investment schemes are trendy right now, but they’ve also been tarnished by the sheer amount of scams in this industry. Most of these scams take advantage of the fact that many people don’t really know much about Cryptocurrencies.
Scammers also exploit common business models used by MLM and trading programs to make their programs appear as though they’re legitimate opportunities.
In today’s review, we’ll be looking at CashBox AI, a program that uses the above blueprint.
The fact that you’ve taken a moment to scrutinize this product before signing up should be applauded. You’ve done yourself a huge favour. Your due diligence will save you from potentially wasting your time and money.
A good bit of research always goes a long way in the fight against online scams. Creating a sustainable full-time online business is not difficult. You just need to know where to look.
Before we proceed I’d like to let you know that I’m not linked to CashBox AI in any sort of way and I’m not trying to sell you this product.
Instead, I’d like to show you why this supposedly profitable program is nothing more than a Ponzi scheme…
CashBox AI Product Review
- Name of Product CashBox AI
- Owner: Not Known
- Type of Product: Cryptocurrency Investment Opportunity
- Cost of Product: 0.005 BTC or $79
- Who Is This Product Best For? NOBODY!
CashBox AI Product Summary
CashBox AI claims to be a cryptocurrency investment opportunity, but it’s actually an illegitimate program that’s not worth your time. We found several falsehoods inside the program and today, we’ll be revealing all of them.
Product Rating: 1/100
Would I Recommend This Product? Definitely Not!
CashBox AI Explained
CashBox AI is a cryptocurrency investment opportunity that specializes in Bitcoin. The company claims to be a multi-level marketing business offering a profitable scheme.
The website’s “About Us” does not contain any helpful details about the company’s background. We couldn’t find any details about the owner/s, management team or the company’s address. This immediately raised my suspicions that the program was hiding something.
The domain name was registered in July 2020, which makes it a relatively new program.
CashBox AI Product Range
I’m not shocked to discover that CashBox AI does not come with any retail products or services, which is another warning sign that this MLM is probably a Ponzi scheme. Financial regulators, such as the FTC, stipulate that all MLM businesses should offer products, services or both.
The only feature that you’re paying for is the membership, which gives you access to their compensation plan disguised as investments.
Does CashBox AI Work?
CashBox AI is no different from the other Ponzi schemes that we’ve reviewed. According to the company, revenue is generated externally by growing member’s investments using their exclusive algorithm. In other words, they’ve got a magic formula that instantly grows profits. Do you believe them?
Let’s pretend for a second that this algorithm is true. If it’s real, why would the people behind this program only charge members $60 to invest?
Furthermore, why would they bother to share this program with the world if they can easily make more money by keeping it to themselves? If a company discovered a lucrative algorithm they’d keep it secret.
The only way CashBox AI is making money is through the money coming in from new members. This fresh money is paid to the people at the very top tiers and then it’s cascaded down until it runs out. Guess what happens if you are at the bottom of the chain? You won’t make any money at all. The only way to start earning money is by recruiting more members so that you’re not at the bottom.
CashBox AI has not provided any evidence that they are investing or trading member’s money to create a revenue stream. Eventually, recruitment will slow down and grind to a halt, which means that they’ll be no money coming into the company. And when that happens, the company will fail.
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How To Profit with CashBox AI
There’s just one method to profit with CashBox AI which involves you recruiting more members.
Getting Started with CashBox AI
CashBox AI is free to join but the free membership does not give you the benefit of accessing their compensation plan.
If you want to participate in their income opportunity, you will need to invest at least 0.005BTC which is about $188 as of this writing.
CashBox AI Compensation Plan
According to the program, the daily returns are 3% ROI depending on your investment amount. Your original investment will earn you a total profit of 200%, paid daily at 3%.
Referral Commissions
You are awarded commissions based on the money invested by members that you recruit into your team. This will be calculated based on a uni-level compensation system which extends down to a maximum of 5 levels.
Commissions are awarded based on the percentage of money invested:
- Earn 5% on level 1 (your direct recruits), 2% on level 2, 1% on level 3 and 0.5% on levels 4 and 5 with an investment between 0.005 to 0.1 BTC
- Earn 6% on level 1, 2% on level 2, 1% on level 3 and 0.5% on levels 4 and 5 with an investment between 0.11 to 0.25 BTC
- Earn 7% on level 1, 2% on level 2, 1% on level 3 and 0.5% on levels 4 and 5 with an investment between 0.251 to 0.5 BTC
- Earn 8% on level 1, 2% on level 2, 1% on level 3 and 0.5% on levels 4 and 5 with an investment between 0.51 to 0.7 BTC
- Earn 9% on level 1, 2% on level 2, 1% on level 3 and 0.5% on levels 4 and 5 with an investment between 0.71 to 0.99 BTC
- Earn 10% on level 1, 2% on level 2, 1% on level 3 and 0.5% on levels 4 and 5 with an investment between Invest 1 to 2 BTC
- Earn 15% on level 1, 2% on level 2, 1% on level 3 and 0.5% on levels 4 and 5 with an investment between 2.5 to 5 BTC
Super Affiliate Bonus
CashBox AI claims that it will reward you for achieving the milestones detailed below:
- Earn $100 in bitcoin if you personally recruit 50 members
- Earn $200 in bitcoin if you personally recruit 100 members
- Earn $500 in bitcoin if you personally recruit 250 members
- Earn $1,500 in bitcoin if you personally recruit 500members
- Earn $3,000 in bitcoin if you personally recruit 750 members
- Earn $5,000 in bitcoin if you personally recruit 1,000 members
- Earn $10,000 in bitcoin if you personally recruit 2,000 members
CashBox AI Exposed!
1). It’s Clearly a Ponzi Scheme!
CashBox AI’s compensation plan incentivizes recruitment and nothing else. They don’t offer any other avenues to profit with their program. You will not earn money if you fail to recruit other members.
This is the basis of a Ponzi scheme!
2). No Evidence of Other External Revenue Streams!
The program’s only income stream is from the money invested by new members. The company is not trading Cryptocurrencies as we are led to believe. Furthermore, they would need to be licensed by the financial regulators to do this, but we couldn’t find any evidence of this.
3). Anonymous Owners and No Company Details
CashBox AI has deliberately hidden their company details, therefore, we don’t know anything about the owner of the company or where they’re based. They’ve done this to make a quick exit and avoid being liable when the company collapses.
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Advantages of CashBox AI
CashBox AI is not worth your time or money. This program comes with absolutely no advantages because it’s a scam.
Is CashBox AI a Scam or a Legit Business?
I’m totally certain that CashBox AI is a Ponzi scheme and a worthless scam. We’ve revealed that there’s nothing profitable about this program.
- You will not make money if you don’t recruit. There are no other ways to profit with CashBox AI beyond recruitment.
- One of my main concerns was the fact that the program didn’t provide any details about the owner or the company’s location. They’ve done this so that they’re not held responsible for anything bad that results from this scam.
I would highly recommended steering clear of CashBox AI. It’s a scam!
How Do I Use The Internet to Make a Full-Time Salary?
I’m not a big fan of get-rich-quick schemes or Cryptocurrency MLM programs, let’s just say that I’ve been caught short a few times.
Instead, Affiliate Marketing is my leading recommendation for people that want to build a thriving full-time online business working from home.
Here are my reasons why…
- You can get started for Free.
- There’s no pressure to recruit family and friends, or anyone else for that matter.
- You can create a business from virtually any product including the ones that you already buy. You are not limited to low-income or inferior products.
Affiliate marketing can help you to…
Generate a 4-Figure Monthly Salary and become financially free from the limitations of a traditional day job. You can do this in less than 12 months!
If you want to find out how I did it, Click Here!
