Is Up2give A Scam? – Gifting Yourself Broke?
If you haven’t noticed yet, but people love taking advantage of people’s kindness.
So much so, businesses are designed for the very purpose of taking peoples money by having them support causes.
Whether it be through donations, non profit organization, and in many cases the church.
Regardless of the method, the money making opportunity exists within this industry. One company in particular is Up2Give.
Someone probably approached you about this business, and you’re wondering if it’s a scam or not.
Well in this review, I plan on going over everything you need to know about them.
Their background information, cost to join, and what you should expect if you decide to join.
By the end of this review, you should have a good idea if this business is right for you or not.
Up2Give Review Summary
Product Name: Up2Give
Founders: Jerry Lopez and Andreas Kartrud
Business: Cash-Gifting MLM
Price to join: 0.005 BTC or $48 minimum investment
Best For: No one
Summary: Up2Give is just another gifting scam that is using the term “gifting” to scam people out of their money (in this case Bitcoin).
Everyone that joints has to gift their Bitcoin to the person above them, and in return, gifts are given back to you.
Because there are no products that are being sold, this is a huge pyramid scheme that requires people to keep the gifting going.
Once the gifting stops, the whole thing breaks down, and the people at the bottom lose out on their gift.
Frequently Asked Questions
1.) What is Up2Give?
Up2Give is just another Multi Leveling Marketing scam that uses a cash gifting system disguised as a crowdfunding platform for donations.
They market themselves as a company that is helping underprivileged people.
But in reality, all they are doing is taking advantage of people's kindness to truly help people.
The two scam artists who founded this company are Jerry Lopez and Andreas Kartrud. Both are no strangers to getting involved in sketchy businesses.
Jerry has worked in a company called Dunamis Global Tech which was another crypto MLM scam.
Andreas is another that has experience in the crypto industry. He participated in scams like OneCoin, SwissCoin, ARconix, PlusToken, and Wotoken.
He usually targets people from 3rd world countries to join his team.
2.) How do you make money with them?
Up2Give is the definition of a pyramid scheme.
They have no products so all you’re doing pretty much is recruiting people to also recruit other people into the business.
When you first join, you have to gift the person above you a Bitcoin.
Then as you recruit people into the business, your recruits then have to give you Bitcoins.
This process continues until someone smartens up and realizes this is nothing but a scam.
3.) What are the red flags?
The name of the company itself is a red flag.
But the fact that the only way to make money is by recruiting people into the business, makes this nothing but a scam.
Most people who join will lose money as this will not sustain itself.
Does Up2Give Operate Like A Pyramid Scheme?
Most definitely Up2Give is a pyramid scheme. If you know how pyramid schemes work, income is earned by recruiting people in the business.
But it’s important to understand that not all MLMs that use a recruiting system is a scam.
What makes it a scam is if the only way to earn income is through recruiting. If there are no products to sell, then you are most likely dealing with a pyramid scheme.
So when it comes to Up2Give, the only way to make money is by paying bitcoins to the person above you, and recruiting others to do the same.
Why So Many Fail?
Even if Up2Give did have products that customers could purchase, the chances of success is very unlikely.
That's because the people who usually benefit from these types of businesses are those at the top.
Most people that join usually lack the business and sales skills needed to achieve success.
Also, the fact that you’re operating in a business you didn’t build, will also hinder your success.
Many people have this idea that since the business is already built, all they have to do is follow the model, and success will follow.
They quickly find out that it never works out.
That’s because one, you're working on a business you didn’t build, and two, you lack the knowledge and education.
You’re better off taking the time to learn how to build your own business from the ground up.
Getting Started With Up2Give
How Much To Join Up2Give?
Joining Up2Give will cost you .005 BTC (Bitcoin) every month. So if Bitcoin is valued at like $8,000, the monthly fee will cost you about $40.
Up2Give Compensation Plan
One thing you have to understand about MLM compensation plans is that they are very confusing.
They come with so many details like numbers and stats, you don’t even try to decipher what you will actually be paid.
Because of this, I will summarize it the best I can for you.
I spoke about this earlier, but to make sure you understand completely. In order to become a part of the Up2Give family, you have to pay .005 Bitcoin.
This money goes to the person that recruited you.
In order to reach the next level in the scam, you then have to recruit two other people and have them pay .005 Bitcoin as well.
After you are gifted these two Bitcoins, you will then have .01, which will move you into the 2x6 matrix of the compensation plan.
This is where your money starts working for you. If you build your downline correctly, you can earn income for years.
To clarify, you earn income from your downline paying and recruiting others into the business.
There are 64 spots under you, therefore you are earning commissions from 64 different people.
Below you will find a chart that explains how you’re compensated based on your level.
So as you see in the chart, recruiting on level 1 will earn you Bitcoin that will have to be reinvested.
Basically you keep half, and invest the other half. You then have to recruit two other people to do the same, and this will eventually get you a full Bitcoin.
As this keeps going, you then have a total of 64 Bitcoins.
But as with all scammy systems, it will fail, and you will never reach your goal of 64 Bitcoins.
What I Like About Up2Give
I like absolutely nothing about this business. It's a huge scam that preys on people's kindness to help those less fortunate.
Because it is a pyramid scheme, it is most likely illegal.
What I Don’t LIke About Navan Global
Pyramid scheme recruiting:
Pyramid schemes are illegal across the world, and since Up2Give has zero products to sell, this makes them a pyramid scheme.
So if you are someone that is looking to get into this business, you could be putting your freedom at risk.
No doubt you will lose your money, do you want to lose your freedom as well?
The two owners already have a sketchy past when it comes to businesses operating in the crypto niche.
Before I join any business, knowing who the brains behind the operation is important. And what I see, I don’t like, so I would stay far away.
Will eventually collapse:
Like all pyramid schemes, once the recruiting stops, so does the money.
There will always be someone left holding the bag once people lose their motivation to commit.
The only people that will profit from this are the people at the top, which are the owners.
Everyone at the bottom will be left fighting for scraps until they realize the game is rigged.
Is Up2Give A Scam?
My opinion is that Up2Give is nothing but a complete scam. Gifting schemes are a pretty popular method to get people to give up their money.
They make you think you are doing good by using the term “gifting,” when all you’re really doing is joining a scam.
I’ll be honest, using crypto as Up2Give is doing is pretty new one for me. Nonetheless, it’s a scam just like all the other ones.
If you’re still struggling with understanding what a scam is.
Just remember that any MLM that has one way to earn money with that way being recruiting, you’re most likely dealing with a scam.
There must be multiple ways in which to earn with the most popular way being selling of products. Which Up2Give has none.
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