GroceryBit operate in the e-commerce MLM niche and provide a suite address in Arizona on their website.

A Google search reveals a number of businesses operating out of the same address, suggesting it might be virtual in nature.

Three executives are named on the GroceryBit website; Steve Gewecke (Chief Marketing Officer), Jason Olson (President) and Frederick Weih (Grocery Industry Disrupter).

Frederick Weih founded My Freedom Grocer in early 2015. The company appears to have collapsed before the end of the year.

One My Freedom Grocer review suggests rebates ceased in the months leading up to the collapse;

And yes … I’m getting my 10% cash back every month.

[Update: I was getting cash backs for many months. The check below was a real check. But they have fallen several months behind on checks since then.

I hope for all involved that they are able to catch back up and make the most of this.]

Prior to working at GroceryBit, Jason Olson was promoting
Direct Cellars
and
Youngevity
.

When we last saw Steve Gewecke in 2015, he was Marketing Director for the
Savian
Ponzi scheme.

Gewecke first popped up on BehindMLM’s radar back in 2012, as a VIP Founder of 
US Utility Direct
.

Who owned US Utility Direct was never disclosed, with the company failing to launch on its advertised June 30th, 2012 launch date.

In August 2014 Gewecke resurfaced as the President of 
MyNyloxin
.

MyNyloxin saw affiliates pay between $300 and $1500 for affiliate membership, with commissions paid out when they recruited new affiliates.

Today the MyNyloxin website domain is unresponsive.

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

GroceryBit Products

GroceryBit market an app through users scan and upload supermarket, restaurant and gas receipts through.

GroceryBit then sell this information and claim to provide a percentage of generated revenue to their app users.

Users of the GroceryBit app are referred to as “Grocery Miners”.

A Grocery Miner subscription is $40 a month.

GroceryBit claim they offer a rebate of up to $200 a month in bitcoin on each Grocery Miner subscription.

The GroceryBit Compensation Plan

The MLM side of GroceryBit has nothing to do with the company’s rebate app.

Note that for the purpose of commission qualification, the GroceryBit compensation plan doesn’t clarify whether affiliates using the app count as Grocery Miners or not.

GroceryBit Affiliate Ranks

There are three affiliate ranks within the GroceryBit compensation plan.

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

1 Star BitBuilder – personally sell and maintain six active Grocery Miner subscriptions, have at least eighteen active Grocery Miner subscriptions across your downline and recruit and maintain at least six affiliates

2 Star BitBuilder – personally sell and maintain eighteen active Grocery Miner subscriptions, have at least forty-eight active Grocery Miner subscriptions across your downline and recruit and maintain at l

🤖 Quick Answer

What is GroceryBit and its business model?
GroceryBit operates as an e-commerce MLM (multi-level marketing) company offering grocery-related products and services. The company maintains a registered business address in Arizona and employs multiple executives overseeing marketing, operations, and industry strategy within the grocery sector.

Who are the key executives at GroceryBit?
GroceryBit's leadership includes Steve Gewecke as Chief Marketing Officer, Jason Olson serving as President, and Frederick Weih holding the position of Grocery Industry Disrupter. Weih previously founded My Freedom Grocer in 2015 before transitioning to his current role.

What happened to My Freedom Grocer?
My Freedom Grocer, founded by Frederick Weih in early 2015, ceased operations before the end of that year. The company's collapse was preceded

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