There is no information on the AloBit website indicating who owns or runs the business.

The AloBit website domain (“alobit.net”) was privately registered on October 16th, 2016.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

The AloBit Product Line

AloBit has no retailable products or services, with affiliates only able to market AloBit affiliate membership itself.

The AloBit Compensation Plan

The AloBit compensation plan sees affiliates gift bitcoin to eachother via a 2×10 matrix.

A 2×10 matrix places an affiliate at the top of a matrix, with two positions directly under them:

These two positions form the first level of the matrix. The second level of the matrix is generated by splitting each of the two positions into another two positions each (4 positions).

Levels three to ten of the matrix are generated in the same manner, with each new level housing twice as many positions as the previous level.

In total, a complete 2×10 matrix houses 2046 positions.

Each level of the AloBit matrix operates as an independent cash gifting tier.

An AloBit affiliate signs up and gifts 0.1 BTC to the affiliate who recruited them.

This payment in turn qualifies the affiliate to receive 0.1 BTC from two affiliates recruited into the first level of their matrix.

Gifting payments across all ten AloBit matrix tiers are as follows:

level 1 – gift 0.1 BTC to the affiliate who recruited you and receive 0.1 BTC from two subsequently recruited affiliates

level 2 – gift 0.15 BTC and receive 0.15 BTC from four recruited affiliates

level 3 – gift 0.5 BTC and receive 0.5 BTC from eight recruited affiliates

level 4 – gift 3 BTC and receive 4 BTC from sixteen recruited affiliates

level 5 – gift 40 BTC and receive 40 BTC from thirty-two recruited affiliates

level 6 – gift 280 BTC and receive 280 BTC from sixty-four recruited affiliates

level 7 – gift 920 BTC and receive 920 BTC from one hundred and twenty-eight affiliates

level 8 – gift 7,760 BTC and receive 7,760 BTC from two hundred and fifty-six affiliates

level 9 – gift 86,560 BTC and receive 86,560 BTC from five hundred and twelve affiliates

level 10 – gift 318,720 BTC and receive 318,720 BTC from one thousand and twenty-four affiliates

Joining AloBit

AloBit affiliate membership is tied to a 0.1 BTC gifting payment to the affiliate who recruited you.

Full participation in the AloBit income opportunity costs 414,283.75 BTC.

Conclusion

414,283.75 BTC is currently about $308 million dollars. That’s how silly the current plague of bitcoin MLM cash gifting schemes has become.

Under the guise of making and receiving donations, AloBit offers up a simple ten-tier cash gifting scheme.

Nothing is marketed to or sold to retail customers, with all payments and commissions within the scheme sourced from and paid directly to affiliates.

Affiliates paying affiliates in MLM is cash gifting.

To put into persp

🤖 Quick Answer

What is AloBit and how does it operate?
AloBit is a cash gifting scheme involving cryptocurrency transactions structured through a 2×10 matrix system. Participants gift bitcoin to each other through a hierarchical network structure. The company lacks transparent ownership information and retailable products, operating solely on affiliate recruitment and membership sales.

What are the primary concerns regarding AloBit's business model?
AloBit presents significant red flags including anonymous ownership, absence of legitimate retail products, and reliance on bitcoin gifting rather than genuine commerce. The 2×10 matrix structure resembles pyramid schemes, where profits derive from recruitment rather than product sales or services.

How is the AloBit matrix compensation system structured?
The 2×10 matrix places affiliates at the apex with two direct positions beneath them. This creates subsequent levels through binary splitting. Compensation allegedly flows from bitcoin gifts distributed through this hierarchical network, rather

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