BitLocity provides no information on its website about who owns or runs the business.

BitLocity’s website domain (“bitlocity.io”) was privately registered on October 28th, 2020.

As per current Alexa estimates, the top three sources of traffic to Bitlocity’s website are the US (42%),
Jersey
(11%) and South Africa (6%).

On the official BitLocity Vimeo channel linked from their website, there’s a video titled “Team Update November 24, 2020”.

The video features Mark Hamlin, discussing “our involvement” in Qtrex.
Qtrex
being a bitcoin Ponzi pyramid hybrid launched a few months back.

Based on Hamlin’s comments in the video, Qtrex has collapsed (“Qtrex is over”). After Qtrex Hamlin began hosting corporate BitLocity webinars:

Hamlin (right) refers to BitLocity as a “better mouse trap” than Qtrex.

Today we’re gonna introduce you, we’re gonna give you just a taste of what we have created as a leadership team.

If you need to get something done right, you need to do it yourself. So that’s exactly what we’ve done ladies and gentlemen.

We’re very excited to introduce to you our new project ladies and gentlemen, that we have developed.

What follows is a pitch for BitLocity’s “founders club”. He refers to the company in the possessive.

In addition to Qtrex, other scams Mark Hamlin has promoted include
Forsage
and
WeShare Crowdfunding
.

Based on his recent social media posts, Hamlin appears to be knee-deep in crypto investment fraud:

I didn’t sit through every video uploaded to BitLocity’s Vimeo channel. In the videos I did skim through, Hamlin didn’t disclose who he’s working with.

In some videos Hamlin introduces another speaker, only referred to as “Brian”.

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.

BitLocity’s Products

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

BitLocity’s Compensation Plan

BitLocity affiliates purchase membership tiers in bitcoin (prices quoted in USD).

Bronze – $25

Silver – $50

Gold – $75

Platinum – $100

Pearl – $200

Amber – $500

Ruby – $750

Sapphire – $1000

Emerald – $2000

Diamond – $5000

Double Diamond – $10,000

Blue Diamond – $20,000

Ambassador – $50,000

Crown Ambassador – $100,000

Commissions are paid when others, directly or indirectly recruited, do the same.

Bronze and Silver Gifting

BitLocity’s Bronze and Silver tiers function as two straight-line gifting cycler queues.

Once purchased (either Bronze or Silver), a position in the corresponding queue is created. 100% of the Bronze or Silver membership fee paid by the next two recruited affiliates are gifted.

the first $25 gifted is kept

the second $25 gifted is used to fund a gifting payment to another BitLocity affiliate, this second payment creates a new position a the end of the queue

Gold and Higher Recruitment Payments

Gold and higher BitLocity memb

🤖 Quick Answer

What is BitLocity and its connection to previous cryptocurrency schemes?
BitLocity is a cryptocurrency gifting platform requiring a $189,700 buy-in, operating as a pyramid hybrid model. Founded by Mark Hamlin, it emerged following the collapse of Qtrex, another bitcoin pyramid scheme. The platform maintains anonymous ownership and operates from a privately registered domain established in October 2020.

Why is BitLocity considered a high-risk investment scheme?
BitLocity exhibits characteristics of pyramid structures: substantial entry fees, recruitment-based income models, and management previously involved in collapsed cryptocurrency schemes. The company provides no transparent information regarding ownership, regulatory compliance, or legitimate business operations beyond promotional webinars.

What geographic markets does BitLocity primarily target?
According to traffic analysis data, BitLocity's primary audience originates from the United States (42%), followed by Jersey (11%) and South Africa (6%). This

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