251 Coins Review: Gifting Scheme with 3X5 Matrix

251 coins are operating with 251 Coins for gifting scheme. The anonymous owners have tried to hide it behind the name of donation, but it seems too much obvious.
251 Coins Review: Gifting Scheme with 3X5 Matrix
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The company website does not provide any information about the names of the founders. There is no mention of teams that are working behind the business plan that the company plans to execute. The domain (251coins.com) was also registered privately, leaving no option for finding the faces associated with 251 Coins.

I also looked closely for the products and services they offer. However, failed to connect any products or services that could be retailed apart from the auto-ship program. To join the affiliate marketing program, one needs to spend 0.0001 bitcoins or 0.001 Ethereum or dash.

There is no doubt that the company is trying to pull the trigger that the old companies have already tried a lot of times. Either they hit the target and end up fooling lots of investors and affiliates or they lose their undercover, still fooling some though.

Hence, it is wise staying away from the MLM companies that are not transparent and hide crucial information from its investors.

251 Coins – Compensation Structure

The program lets every affiliate to gift bitcoins to the existing affiliates and by doing so, the one paying for the gift becomes eligible for receiving the gifts from new members. The company uses 3×5 Matrix to accomplish the goal.

In this 3×5 Matrix, an affiliate is placed on the top. The top affiliate is allowed to recruit three direct affiliates and the recruited affiliates can further recruit three affiliates each. This goes on for 5 levels. Hence, the first level has three affiliates. The second level has 9 affiliates. The third level has 27, the fourth level has 81 and the fifth level has 243 affiliates positions.

The initial payment can be made either in one currency or in a combination of bitcoin, Ethereum, and dash.

The matrix tier for each currency is different and an affiliate can join one or all the three tiers as follow:

Bitcoin

  • Level 1: One must gift 0.0001 BTC for receiving 0.0001 BTC from the other 3 affiliates
  • Level 2: One must gift 0.0002 BTC for receiving 0.0002 BTC from the other 9 affiliates
  • Level 3:  One must gift 0.001 BTC for receiving 0.001 BTC from the other 27 affiliates
  • Level 4: One must gift 0.01 BTC for receiving 0.01 BTC from the other 81 affiliates
  • Level 5: One must gift 0.1 BTC for receiving 0.1 BTC from the other 243 affiliates

Ethereum

  • Level 1: One must gift 0.001 ETH for receiving 0.001 ETH from the other 3 affiliates
  • Level 2: One must gift 0.002 ETH for receiving 0.002 ETH from the other 9 affiliates
  • Level 3: One must gift 0.01 ETH for receiving 0.01 ETH from the other 27 affiliates
  • Level 4: One must gift 0.1 ETH for receiving 0.1 ETH from the other 81 affiliates
  • Level 5: One must gift 1 ETH for receiving 1 ETH from the other 243 affiliates

Dash

  • Level 1: One must gift 0.001 DASH for receiving 0.001 DASH from the other 3 affiliates
  • Level 2: One must gift 0.002 DASH for receiving 0.002 DASH from the other 9 affiliates
  • Level 3: One must gift 0.01 ETH for receiving 0.01 ETH from the other 27 affiliates
  • Level 4: One must gift 0.1 DASH for receiving 0.1 DASH from the other 81 affiliates
  • Level 5: One must gift 1 DASH for receiving 1 DASH from the other 243 affiliates

251 Coin – Review

Brian: This is a bogus plan. Nothing is great about the structure and one is paying to get paid. It is not worth giving even a second of thought.

Susan H: If you are up for a scam, you can join this. If it does not matter for you to fool others for earning, you can join 251 coins. But those who know what it entails should think of something else. This is not a good choice and a bad investment.

The conclusion from the above Reviews

251 coins are making people fool by offering gifts. It’s kind of a return gift that you are getting for gifting someone. And, you are making all the efforts for finding those who can get you return gift. It sounds annoying. There are numbers of real investment plans that are genuine and have something good to offer. Then why would anyone like to invest in a scam like this?

The Verdict

The anonymous admins feel that it would be easy to hide under the disguise of giving donations. But, it isn’t that easy. It is very much obvious that who so ever is running this funding program is operating a gifting scam.

The affiliates sign up for gifting the existing affiliates and get return gifts. It must sound like a lending Ponzi scheme where one joins to pay the existing affiliates and earn points which are referred for paying ROIs.

It is another scheme with gifting options but with similar aims. The funds are non-refundable and the affiliates joining at the end of the series are designated to lose everything, making the top affiliates who are actually the anonymous admins, rich.

Hence, you should avoid joining this plan for good. 251 coins is not a legit investment scheme, rather you donate the amount in real.

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