Bitlocity has announced the launch of its own shit token …

…paving the way for the gifting scheme’s inevitable exit-scam.

Bitlocity announced their shit token back in early June. Marketing videos pitching the exit-scam lean heavily on the “you missed out on bitcoin, don’t miss out on our token!” marketing narrative.

As of early June, Bitlocity informed affiliate investors it would be launching its token within 60 to 90 days.

As of yet no further announcements have been made.

Bitlocity launched in late 2020, as a reboot of the collapsed
Qtrex
gifting scheme.

BehindMLM
reviewed Bitlocity
on December 29th, 2020. At the time of publication Mark Hamlin was the face of the company.

Hamlin has since gone underground. The only activity I was able to find was a recently reactivated YouTube channel, which Hamlin is using to promote other scams.

In any event, Bitlocity’s token will be dumped on existing affiliate investors. The company states in one marketing video;

We will be releasing our own token and existing active members will receive free tokens based on your Bitlocity level.

Once the initial dump is complete, at some point Bitlocity will stop making gifting payments in bitcoin.

Bitcoin will transfer into the company, but out the other end you’ll only be able to get Bitlocity token.

From there either Bitlocity token will be transferable via an internal exchange till Bitlocity collapses. Or it’ll be dumped on dodgy public exchanges and crash to $0.

Alternatively, Bitlocity token doesn’t launch as advertised and that’s the end of it.

Based on Alexa traffic estimates, Bitlocity’s victims are primarily in the US (38%) and Canada (12%).


🤖 Quick Answer

What is Bitlocity's announced shit token launch?
Bitlocity announced a proprietary cryptocurrency token in early June, with marketing emphasizing missed investment opportunities in Bitcoin. The company projected token launch within 60 to 90 days from the announcement date.

What is Bitlocity's operational history?
Bitlocity launched in late 2020 as a reboot of the collapsed Qtrex gifting scheme. BehindMLM reviewed the company on December 29th, 2020, when Mark Hamlin served as company figurehead. Hamlin subsequently disappeared from public visibility.


🔗 Related Articles

- AladdinBOT Review: AI trading bot ruse Ponzi scheme
- GreenGold Review: Bitcoin “we plant trees” Ponzi scheme
- Bitcoiin collapses, admins do a runner after $75 million B2G ICO
- Bitcoiin scammers attempt to manipulate B2G onto Binance exchange
- Bitcoin Instant Payment System Review: Eight-level unilevel gifting