Blockchain Rays provide no information on their website about who owns or runs the business.
The Blockchain Rays website domain (“blockchainrays.com”) was privately registered on December 27th, 2016.
Alexa currently estimate that Nigeria (59%) and India (29%) are the two largest sources of traffic to the Blockchain Rays website.
This strongly suggests whoever is running the company is likely also based out of one of these two countries.
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.
Blockchain Rays Products
Blockchain Rays has no retailable products or services, with affiliates only able to market Blockchain Rays affiliate membership itself.
The Blockchain Rays Compensation Plan
Blockchain Rays affiliates invest $5 to $10,000 in bitcoin on the promise of a 30% recurring ROI paid every 5 days (180% or so a month).
Referral commissions are available on funds invested by downline affiliates, 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 affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Blockchain Rays cap payable unilevel levels at ten, with commissions paid out as a percentage of funds invested as follows:
level 1 (personally recruited affiliates) – 10%
level 2 – 5%
level 3 – 4%
level 4 – 3%
level 5 – 2%
level 6 – 1%
levels 7 to 10 – 0.5%
Joining Blockchain Rays
Blockchain Rays affiliate membership is free, however affiliates must invest at least $5 in bitcoin to participate in the attached income opportunity.
Conclusion
Blockchain Rays; “idealogy” reveals it to be an
MMM Global
Ponzi clone.
lockchain rays is a community where people help each other. Blockchain rays gives you a technical platform which helps millions of participants worldwide to connect those who NEED help to those who are ready to PROVIDE help, for FREE.
Quite obviously nobody in Blockchain Rays is “providing help for free”. Real invested funds are pumped into the scheme and real money is pulled out every 5 days via ROI payments.
The source of ROI revenue is newly invested affiliate funds, which makes Blockchain Rays a Ponzi scheme.
There is no сentral account, where all the System money flows to (and where it can be easily stolen from ). All the money is only on the bitcoin accounts of the participants themselves!
On a lot of thousand and million private accounts. Participants transfer to each other directly.
Affiliates paying affiliates directly adds an additional gifting layer to the scheme.
The reality of “provide help, get help” scams is that they primarily benefit th
🤖 Quick Answer
Who owns and operates Blockchain Rays?Blockchain Rays provides no publicly available information about ownership or management on their website. The domain was privately registered in December 2016. Website traffic analysis indicates the majority of visitors originate from Nigeria (59%) and India (29%), suggesting operational bases in one of these countries.
What products does Blockchain Rays offer?
Blockchain Rays offers no retailable products or services to the public. The company's business model relies exclusively on recruiting affiliates who market Blockchain Rays membership itself, rather than tangible goods or services.
What are the red flags associated with Blockchain Rays?
Key warning signs include anonymous ownership structure, lack of legitimate products, private domain registration, and a compensation model based primarily on recruitment rather than retail sales—characteristics consistent with pyramid scheme operations.
🔗 Related Articles
- BTC Trader Online Review: Dragon Mining Tech B2G Ponzi scheme
- Crypto Mining Space Review: Dragon Mining Tech B2G Ponzi scheme
- BitCoin Extreme Review: $12 eleven-tier Ponzi cycler
- BitPays Global Review: Bitcoin-based 45 day Ponzi ROIs
- BitRegion Review: Bitcoin Ponzi gifting scheme
