There is no information on the FastBTC website indicating who owns or runs the business.

The FastBTC website domain (“fastbtc.info”) was registered on November 28th, 2016. Faisal Kamal is listed as the owner, with an address in Dubai also provided.

On his LinkedIn profile, Kamal (right) cites himself as a Supervisor at
Forever Living Products
.

Other MLM opportunities Kamal has recently are mostly of the cash gifting variety:
ZarFund
,
The Dollar Sharing
,
2×2 Funds
,
Coin Leaders
 (Ponzi points),
RiseBits
,
VertigoBTC
,
3×2 Core
,
2×4 Club
,
Binary Global
 and
Verdant BTC
.

When he’s not scamming people through cash gifting schemes, Kamal is also an IT Systems Analyst at Dubai Petroleum.

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

The FastBTC Product Line

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

The FastBTC Compensation Plan

The FastBTC compensation plan sees affiliates gift bitcoin to eachother via a 2×3 matrix.

A 2×3 matrix places a FastBTC affiliate at the top of a matrix, with two positions directly under them:

These two positions form the first level of the matrix. The second level of the matrix is generated by splitting each of the two first level positions into another two positions each (4 positions)

The third level of the matrix is generated in the same manner, with a complete 2×3 matrix housing fourteen positions.

Each FastBTC matrix level operates as an individual cash gifting tier, requiring a gifting payment made to qualify to receive funds from other FastBTC affiliates.

A Fast BTC affiliate begins by gifting 0.04 BTC to the affiliate who recruited them.

This payment qualifies the affiliate to receive 0.04 BTC from two affiliates recruited into the first level of their matrix.

The second level of the matrix is unlocked by again gifting 0.07 BTC. This payment qualifies the affiliate to receive 0.07 BTC from four affiliates.

The third gifting payment is 0.2 BTC, which qualifies an affiliate to receive 0.2 BTC from eight affiliates.

Note that all gifting payments in FastBTC (both paid and received) are on a 30 day monthly subscription.

Joining FastBTC

FastBTC affiliate membership is tied to a minimum 0.04 BTC gifting payment to the affiliate who recruited you.

Full participation in the FastBTC income opportunity costs 0.31 BTC every 30 days.

Conclusion

After likely losing money in more than a few of the cash gifting scams he’s recently joined, Faisal Kamal appears to hope he can recoup losses with his own scheme.

FastBTC is a simple three-tier cash gifting scheme. You sign up, gift money to the affiliate who recruited you and then steal money from people who join after you.

The other two matrix levels are a repeat-process, with only the amount gifted and number of people you steal from changing.

As with all cash gifting schemes, once new affiliate recruitment dies down FastBTC will collapse.

Kamal makes hi

🤖 Quick Answer

Who is the owner of FastBTC?
FastBTC is owned by Faisal Kamal, whose contact address is listed in Dubai. The domain fastbtc.info was registered on November 28th, 2016 under his name. Kamal is also listed as a Supervisor at Forever Living Products and works as an IT Systems Analyst at Dubai Petroleum.

What other MLM schemes has Faisal Kamal been involved with?
Kamal has participated in multiple cash gifting schemes including ZarFund, The Dollar Sharing, 2×2 Funds, Coin Leaders, RiseBits, VertigoBTC, 3×2 Core, 2×4 Club, Binary Global, and Verdant BTC. These opportunities predominantly operate within the cash gifting model category.

When was the FastBTC domain registered?
The

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