Is 1 Online Business A Scam?- Important Review Facts!
Is 1 Online Business A Scam?- Important Review Facts!
Name: 1 Online Business
Owner: Jeff Long?
Price: Free to sign up
Overall Rank: 5 Out of 10
looking for a solid 1 Online Business review? Get everything you need to know about yet another multi-level marketing company before you join.
It’s possible you’ve been hearing a lot of noise surrounding the 1 Online Business.
But is this company real? Or is 1 Online Business another scam that won’t deliver what they promise at the end of the day?
Is it your ticket to financial freedom?
Because of a lot of requests and the noise surrounding this company, I have decided to do a thorough research to know what they will offer you.
Stay tuned, as I thoroughly review this program and give you guys the scoop on whether it legit as well as answering many other questions you have here before joining.
What Is 1 Online Business All About?
1 Online Business is yet another MLM using Bitcoin to conduct their business.
There have been many programs that have come out using bitcoins in just past year and I have yet to see a digital currency program that isn’t MLM and that does not require recruiting for you to make money.
1 Online Business is one of those programs.
The 1 Online Business website domain ”1onlinebusiness.com” was initially registered on July 12, 2016, and the registration was last updated on June 13, 2016, with the owner set to private.
(Courtesy of WHOIS)
On February 26, 2017, they also register a new website domain “10b.biz” with the owner set to private. This site will redirect you to 1 Online Business landing page.
In fact, the site is using an anonymous service which prevents me from identifying the owner of the site. Perhaps, Jeff Long is not the real face of this company.
They advertised themselves as “Create MULTIPLE Streams of BITCOIN Income While Promoting the Most POWERFUL Bitcoin Marketing System Online!”
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What Are Products And Service Offered By 1 Online Business?
1 Online Business is a Multi-level Marketing company that offers affiliate membership packages as the main product to their prospective customers.
The 1 Online Business doesn’t have any product line. They are one of the multi-level marketing companies that market affiliate membership packages. And a good MLM will always have goods and services that will benefit the customers.
They have 5 stages of membership. See the screenshot below.
The lack of a product line also means that there isn’t any chance for retail sales to take place. It pretty much impossible to have a legit opportunity without the presence of retail sales.
How Do You Earn Money With 1 Online Business?
Just like any other multilevel marketing company out there, 1 Online Business comes with the comp plan. You can make money as an affiliate by bringing in people onboard.
With that being said, you will need to sign more people up to make more money. Make sense?
See Their Comp Plan Below
The company promises that you’ll get paid 5 ways. Listed Are Ways you’ll Make Money With Them:
Task Marketplace Rewards and Bonus (Free)
This is where you’ll make money by completing simple online and social tasks.
These simple tasks include watching a YouTube video, visiting a website, subscribing to a YouTube channels, liking a Facebook fan page, sharing a Facebook post, giving positive review/rating, commenting on Facebook posts, taking surveys and more.
When you complete a task, the reward is instantly added to your reward balance usually between $0.03 and $0.25 or more depending on the task and the time required to complete the task.
When you reach their payout limit of $5, you are paid $3 instantly to your Bitcoin wallet, another $1 is paid to your referral and another $1 is paid to you a second level referral.
You will receive 50% instant commission on procession fees when your referral purchase rewards credits to complete tasks. You’ll also receive $1 every your referral earns $5 and $1 every time a second level referral earns $5.
Gratitude Stage ($25 One-time payment)
When you join the Gratitude stage, you will have to pay $25 for one- time payment and $5 is instantly sent back to your bitcoin wallet.
Each time 2 new gratitude payments fall under your current position, you will receive $10, your coach will get $10 and your coach’s coach will get $10.
And then you will donate $20 back to re-entry you in a new position on the Gratitude state.
Associate Stage ($2 per day + Access Pass fees)
This stage is where you are going to receive a value for the money that you’re paying day in and day out. Their daily subscription fee is $2/day.
You’ll want to pre- fund your account by purchasing ” access pass” using bitcoin. For example, 1 day ($5), 3 days ($8), 7 days ($17), 14 days ($30), 30 days ($62).
Each 2 new associate payments fall under your current position, you will receive $1, your coach will get $1 and your coach’s coach will get $1.
And then you will donate $2 back to re-entry you in a new position on the Associate stage.
AssociateX Stage ($500 per year)
You’ll get access to all of the same products, but at a cheaper annual rate than if you were to pay for a full year of daily subscription fees.
Each 2 new associate payments fall under your current position, you will receive $250, your coach will get $250 and your coach’s coach will get $250.
And then you will donate $500 back to re-entry you in a new position on the AssociateX stage.
Each time someone you refer cycles and earns a commission, you receive a 100% of what they make.
Additional Income streams
You can use 1 Online Business to build multiple streams of bitcoin income. They will show you several places for bitcoin income opportunities where you can maximize your chance of success.
The Pros Vs. Cons Of 1 Online Business
- Free to sign up.
- You can make some money
- Work from home.
- More flexible.
- 1 Online Business you to its customer.
- You will need to learn how to bring in others to the system and how to build teams in the process.
- Unrealistic claim. Get started for only $10 in bitcoins and leverage it to allow you receive over $30,000 per month hardly possible especial if you’re a newbie.
- You are not building a real business since you don’t own a website.
- Direct marketing is not for everyone.
Final Thought: Is 1 Online Business A Scam?
I cannot classify 1 Online Business as a scam simply because you can join for free. The company has a good compensation plan for their members and investing in cryptocurrency can be a a lucrative investment in this technology age.
You can make money with them, but in my opinion it’s not a safe way after looking into the details history of the owner and the company.
So, we recommend you to proceed to safety and avoid scams by choosing a high rated and trusted company as My #1 Recommendation below.
Have you invested into 1 Online Business before or have a comment? Kindly drop it in the comment box below! I love to hear about it.
Thanks for reading.
Please Stay Safe.