A cryptocurrency trading app with no actual products and membership fees up to $1500. Welcome to My Cryptobit, a multilevel marketing scheme dressed up in blockchain language.
My Cryptobit operates entirely within the MLM cryptocurrency space, where the real product isn't technology—it's recruitment. The company lists executives on its website, but most have virtually no online presence. That's the first red flag.
The two names that surface are David Bras and Ozcan Come. Come holds the official titles: owner, CEO, and founder. Bras, listed as "Department Marketing Content," tells a different story on his Facebook profile, where he also claims to be an owner and founder. Both men are based in Switzerland.
Before My Cryptobit, Bras and Come ran something called Capital Solutions around 2017. They abandoned it in October of that year. One month later, in November 2017, My Cryptobit launched. The timing suggests a simple pivot—same operators, new scheme.
Here's what My Cryptobit actually offers: nothing you can buy or resell. There are no products, no services. Affiliates market only the membership itself. The promised app claims to be "the world's first cryptocurrency application that includes everything important about the cryptomarket." It supposedly delivers ICO research, coin portfolio tracking, airdrop services, daily bitcoin analysis, one-tap trading, and market news. None of this justifies the business model.
New affiliates pay membership fees up to $1500 to join. That money doesn't fund technology development. It funds recruitment commissions. This is the oxygen My Cryptobit breathes.
The company dangles thirteen affiliate ranks in front of recruits, each one requiring larger accumulations of downline membership fees to advance. A Bronze member needs $1500 in fees from people they've recruited. Silver requires $5000. Gold jumps to $25,000. Platinum hits $50,000. The ranks keep climbing through Sapphire ($100,000), Ruby ($250,000), Emerald ($500,000), and Diamond ($1,500,000).
Then it gets absurd. Double Diamond demands $3,000,000 in accumulated downline fees. Blue Diamond requires $7,500,000. Black Diamond needs $18,000,000. And the final rank, Imperial Diamond, demands $48,000,000 in downline recruitment commissions.
These numbers aren't aspirational—they're fantasy. They're designed to keep people chasing a rank they'll never achieve while constantly recruiting new members to generate fees. The mathematical reality of MLMs ensures that the vast majority of participants lose money.
My Cryptobit claims affiliates invest with "the expectation of a ROI." But the public-facing website reveals nothing about how investments actually work or where returns come from. That silence is deliberate. Without a legitimate business generating revenue, there's no mechanism to produce returns. Money comes from new recruits, not from business operations.
This is the anatomy of a recruitment scheme. Take a trendy industry like cryptocurrency. Hire operators with minimal online footprints. Promise an exclusive app. Charge entry fees. Build a rank structure that rewards recruitment. Say nothing about actual returns. The formula works until it collapses, which it always does.
My Cryptobit isn't a cryptocurrency opportunity. It's a machine designed to separate people from their money while enriching those at the top.
🤖 Quick Answer
What is My Cryptobit?My Cryptobit is a cryptocurrency trading application operating as a multilevel marketing scheme. The platform charges membership fees up to $1500 and generates revenue primarily through recruitment rather than actual technological products or legitimate trading services, utilizing blockchain terminology to mask its MLM structure.
Who are the executives behind My Cryptobit?
The company is led by Ozcan Come, listed as owner, CEO, and founder, and David Bras, identified as Department Marketing Content director. Both executives are Switzerland-based. Come and Bras previously operated Capital Solutions before establishing My Cryptobit.
What are the red flags associated with My Cryptobit?
Key warning signs include the absence of verifiable online presence for most listed executives, discrepancies in biographical claims between official listings and personal profiles, membership fee structures reaching $1500, and the emphasis on recruitment over legitimate cryptocurrency trading
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