GB21 provide no information on their website about who owns or runs the business.

The GB21 website domain (“gb21.com”) was first registered on May 9th, 2013.

The domain registration details were recently updated on January 10th, 2018, suggesting this is around the time the current owner(s) acquired it.

On their website, GB21 market MCAP altcoin mining packages.

MCAP is a worthless cryptocurrency attached to the Gain Bitcoin Ponzi scheme.

Gain Bitcoin
launched in mind 2017 and offered investors a 10% monthly ROI on investment of up to 13.75 BTC.

The catch was ROI payments were paid in MCAP.

After investor recruitment died down, Gain Bitcoin collapsed in November, 2017.

MCAP pumped to almost $7 at the height of Gain Bitcoin investor recruitment in June, 2017. It is now worth 27 cents.

Gain Bitcoin was owned and operated by Amit Bhardwaj (right). It follows that he is also behind GB21.

According to recent Indian media reports, Bhardwaj is wanted by authorities in Maharashtra.

On Wednesday morning, Maharashtra minister of state for home Ranjeet Patil said that his government would ask the Enforcement Directorate, the central agency fighting economic crime, to probe allegations that Amit Bhardwaj and his company GainBitcoin had swindled investors of some Rs 2,000 crore through Bitcoin (BTC) Ponzi schemes – by far the largest such scam in India involving cryptocurrencies, if it is proven.

The moves by the Maharashtra government – it has also issued a ‘lookout notice’, made arrests, and sealed bank accounts – come at a time when Bhardwaj has left behind and closed the GainBitcoin operations and created a new company called GB21, which is another multi-level marketing (MLM) scheme being marketed aggressively in India and internationally.

Read on for a fullr eview of the GB21 MLM opportunity.

GB21 Products

GB21 has no retailable products or services, with affiliates only able to market GB21 affiliate membership itself.

The GB21 Compensation Plan

GB21 affiliates invest up to $450,000 on the promise of monthly returns of up to 25%.

Offered MCAP mining contracts include:

Basic – $100

Starter – $500

Promotor – $1000

Recruiter – $5000

Manager – $10,000

Silver – $47,000

Gold – $95,000

Diamond – $232,500

Titanium – $450,000

Monthly returns are paid in MCAP and vary over the twelve month maturity period as follows:

months 1 to 4 of the contract pay 10% a month

months 5 to 8 of the contract pay 15% a month

months 9 to 12 of the contract pay 25% a month

This equates to an effective ROI of 200% after 12 months.

A 5% referral commissions is paid on funds invested by personally recruited affiliates.

Residual Commissions

GB21 pay residual commissions via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these firs

🤖 Quick Answer

What is GB21 and what does it offer?
GB21 is a cryptocurrency mining service that markets MCAP altcoin mining packages through its website. The domain was originally registered in 2013 but ownership changed in January 2018, suggesting recent acquisition by current operators who lack transparency regarding business ownership and management structure.

What is the connection between GB21 and Gain Bitcoin?
GB21 promotes MCAP cryptocurrency, which is associated with the Gain Bitcoin investment scheme. Gain Bitcoin operated from mid-2017, offering 10% monthly returns paid in MCAP tokens before collapsing in November 2017 after recruitment declined significantly.

What happened to MCAP's value?
MCAP reached nearly $7 during peak Gain Bitcoin investor recruitment in June 2017. Following the scheme's collapse, the token's value drastically declined to approximately $0.27, representing

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