Crypto Lover Review: Oldschool queue gifting with bitcoin

There is no information on the Crypto Lover website indicating who owns or runs the scheme.

The Crypto Lover website domain (“cryptolover.com”) was privately registered on November 5th, 2016.

Of note is the Crypto Lover website is hosted on the same private server as Fundising, Matrix Million and a number of suspicious sounding schemes.

Fundising
is a cash gifting scheme launched earlier this year in August. Alexa traffic estimates for the Fundising website suggest the scheme began to collapse in October.

Perhaps not so co-incidentally, Matrix Million is a Ponzi cycler launched in October. Alexa traffic estimates for the Matrix Million website show a flat-line for this month, likely prompting the launch of Crypto Lover.

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 Crypto Lover Product Line

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

The Crypto Lover Compensation Plan

Crypto Lover affiliates sign up and gift 0.003 BTC to six affiliates on a provided list.

This list is a centralized unilevel compensation structure, maintained by Crypto Lover.

When a new Crypto Lover has gifted 0.003 BTC to each of the six affiliates on their list, and those payments have been verified, Crypto Lover bumps the affiliate at the top of the list off.

The other five affiliates in the list all move up one spot and the new affiliate is added to the bottom of the list.

This new list is then sent out to newly recruited Crypto Lover affiliates as they join.

A Crypto Lover affiliate continues to receive 0.003 BTC from newly recruited affiliates through six generations of recruitment.

Joining Crypto Lover

Crypto Lover affiliate membership is tied to a 0.003 BTC payment to six existing affiliates (.018 BTC in total).

Conclusion

The Crypto Lover website is a delightful concoction of contradictions.

Take for example the company’s own description of its compensation plan:

You join a programme to earn money. Then, you pay to Admin but most of the times the Admin runs away with your all hard earned money but here your money is secure as you are not paying to Admin but you are paying member to member.

Then a few paragraphs down on the same page:

First you need to send BTC for ฿0.003 BTC each of the 6 members to the addresses mentioned below.

Step:2 The first 2 bitcoin addresses are the Administrators

So uh yeah, just like every other cash gifting scam out there, Crypto Lover’s anonymous admin will receive the most funds out of participants.

This is not a MLM or Money chain program. First of all, This system is 100% legal and 1000% successful. It is not a Scam or Fraud way of making Money.

Cash gifting is illegal the world over.

Crypto Lover’s approach to scamming people combines the old-school chain letter queue system with bitcoin.

Other than the use of cryptocurre

🤖 Quick Answer

Who operates the Crypto Lover scheme?

What is the connection between Crypto Lover and other schemes?
Crypto Lover shares server infrastructure with Fundising and Matrix Million, both suspicious schemes. Fundising collapsed in October 2016, while Matrix Million launched simultaneously. This pattern suggests coordinated operations among related entities.

What type of investment model does Crypto Lover represent?
Crypto Lover operates as an oldschool queue gifting scheme utilizing Bitcoin. It follows characteristics of cash gifting and Ponzi cycling models, lacking legitimate business operations or product offerings.

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