Bitqyck operate in the cryptocurrency MLM niche and are based out of Texas in the US.

The Bitqyck website identifies Sam Mendez as co-founder of the company. The other QyckBit co-founder(s) is/are not disclosed.

Mendez first popped up on BehindMLM’s radar as a co-founder of
My Shopping Genie
back in 2011.

Following a six-month period during which My Shopping Genie
failed to pay affiliates
, the company collapsed in mid 2012.

In 2014 Mendez reemerged as the co-founder of
15 Winks
, a subscription-based mobile dating app.

In 2016 Mendez launched
Calorchi
, a cryptocurrency based e-commerce platform.

Alexa traffic statistics for the Calorchi website suggest the company collapsed in the second half of 2016.

Read on for a full review of the Bitqyck MLM opportunity.

The Bitqyck Product Line

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

Once signed up, Bitqyck affiliates invest in Bitqy, an inhouse cryptocurrency run by Bitqyck.

There is also mention of an e-commerce platform on the Bitqyck website, however at the time of publication no specific information is provided.

The Bitqyck Compensation Plan

The Bitqyck compensation plan pays affiliates to recruit new affiliates who invest in Bitqy.

Commissions are also paid out on sales generated on Bitqyck’s e-commerce platform.

Bitqy investment is referred to as a “product option” and is available at three packages price-points.

the $199 package buys $200 worth of bitqy coins

the $349 package buys $400 worth of bitqy coins

the $499 package buys $600 worth of bitqy coins

Note that only 80% of all commissions Bitqyck affiliates earn are paid out in cash. The remaining 20% is paid out in bitqy.

Bitqyck Affiliate Ranks

There are three affiliate ranks within the Bitqyck compensation plan.

Along with their respective qualification criteria, they are as follows:

Affiliate – sign up as a Bitqyck affiliate and either personally invest or recruit someone who does

Gold – recruit at least two affiliates and maintain a total downline investment volume of at least $4000 every 60 days (no more than $2000 from any one unilevel leg)

Platinum – recruit at least two affiliates and maintain a total downline investment volume of at least $10,000 every 60 days (no more than $5000 from any one unilevel leg)

Bitqy Investment Commissions

When a personally recruited affiliate signs up and invests in Bitqy, the affiliate who recruited them is paid a 10% commission on the amount invested.

A 10% match is also paid out on Bitqy investment commissions paid out to personally recruited affiliates.

Residual Bitqy Investment Commissions

Residual Bitqy investment commissions are paid out via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliate

🤖 Quick Answer

What is Bitqyck and its connection to previous ventures?
Bitqyck operates as a cryptocurrency-based MLM company headquartered in Texas, USA. Co-founded by Sam Mendez, it represents a relaunch of Calorchi, a cryptocurrency e-commerce platform that collapsed in 2016. Mendez previously founded My Shopping Genie and 15 Winks.

Who are the founders of Bitqyck?
Sam Mendez is identified as co-founder of Bitqyck on the company website. The identity and details of additional co-founders remain undisclosed by the organization.

What is Sam Mendez's track record in business ventures?
Sam Mendez co-founded My Shopping Genie in 2011, which collapsed in 2012 after failing to pay affiliates. He subsequently co-founded 15

🔗 Related Articles

- Lifestyle Marketing Group Review 2.0: Matrix points pyramid
- DexNet Review: Dubai MLM crypto securities fraud
- PetronPay securities fraud warning from QC, Canada
- Crypto 24×7 Review: 2×3 matrix bitcoin cash gifting
- Crypto 7 Continents Review: Global Trading Club clone Ponzi