Blockchain Capital Review – Scam or Legit WBT & BCT token securities fraud

 

Blockchain Capital LTD maintains relationships with customers on the basis of a smart contract for the Ethereum blockchain.

All operations with assets become absolutely transparent: each user of the platform sees how funds are distributed.

Other than allowing Blockchain Capital to rattle off some more crypto bro buzzwords, this is meaningless with respect to due-diligence.

As to BCT, I don’t know why it exists. Ditto TSA, which is another token mentioned in Blockchain Capital’s marketing material.

 

NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.

Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.

Always check our article’s published date & the comment section below for users opinion. Thanks ♥️

 

Blockchain Capital operates in the cryptocurrency MLM niche. The company provides a corporate address in St. Vincent and the Grenadines on its website.

The address belongs to Wilfred International Services, who provide “International Business Formation” (shell companies) and a virtual office address service.

Needless to say Blockchain Capital exists in St. Vincent and the Gernadines in name only. Blockchain Capital actually appears to be run from Russia.

Supporting this is Kazan, Russia provided as a posting location on Blockchain Capital’s official Twitter profile (lit: Казань, Россия).

Blockchain Capital has a VK profile. vKontakte is a Russian social media Facebook clone.

Marketing videos on Blockchain Capital’s official YouTube channel are primarily in… you guessed it, Russian.

 

Blockchain Capital affiliates invest in WBT and BCT tokens on the expectation of a passive return.

Funds can be invested one-time or periodically over fifteen individual deposits.

Commissions are paid when Blockchain Capital affiliates recruit new affiliates who also invest.

 

Blockchain Capital pays a 12.67% commission on funds invested in WBT and BCT tokens.

This is either paid upfront if a single-deposit investment is used, or tiered down with the fifteen deposit payment model. Commissions paid if the fifteen deposit model is used are as follows:

 

There are eight affiliate ranks within Blockchain Capital’s compensation plan.

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

 

Blockchain Capital affiliate membership costs are not disclosed.

Blockchain Capital fail to provide the current WBT or BCT token value on their website.

Examples in the company’s whitepaper cite investment payments of $100 made periodically.

 

The MLM side of the compensation sees Blockchain Capital pay out the Region Director rate on all periodic commissions paid out.

This is paid out as the difference between the referring affiliate’s rank and that of their upline.

E.g. a Region Director will earn a 15% override on the first payment commission a Director generates (50% – 35% = 15%).

There doesn’t appear to be an override paid on the single payment 12.5% commission. If there is one, it’s not mentioned in Blockchain Capital’s compensation material.

 

Blockchain Capital in actuality is a simple Ponzi points scheme, buried in mountains of crypto waffle (aren’t they all).

WBT and BCT are ERC-20 shit tokens that took five minutes to set up at little to no cost. Blockchain Capital represents the value of WBT is pegged to the value of other cryptocurrencies.

A lot of the listed cryptocurrencies might have been top 20 when the chart was drawn up, but that’s no longer the case.

Yet this is the information Blockchain Capital are presenting to potential investors.

Not withstanding there is no evidence of WBT’s internal value being actually based on anything other than what Blockchain Capital sets it at.

Another red flag is new investment being the only verifiable source of revenue entering Blockchain Capital.

Regardless of how the internal value of WBT and BCT is set, withdrawals through the company’s internal exchange are funded via new investment.

This makes Blockchain Capital a Ponzi scheme. Referral commissions are also tied to new investment, adding a pyramid layer to the scheme.

Indicative of not wanting to be pursued by the SEC, the most active securities regulator on the planet, here’s Blockchain Capital’s final red flag:

 

Primarily, Xycinews Media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or Investing only what you can afford to lose.

With a lot of platforms on our desk to review for the general public, we might not be able to keep track of Blockchain Capital Review on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.

 

This Blockchain Capital Review Article isn’t aimed at defaming Blockchain Capital Review nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this Blockchain Capital review.

Team Xycinews is no third party and we can’t handle any queries whatsoever. 

 

 

 

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