Looking up the BLQ Football Investment platform, you’ll find nothing regarding the owner or founder of the MLM company.
And it’s currently known for operating two main web domains “blq99.com & blq66.com”, meanwhile, there are more we can’t tell.
The two domains above were both privately registered on May 20th, 2022. If you check out the URL’s source code on the platform, you’ll find out that they are coded in Chinese.
And this strongly made us believe that BLQ Football seems to relate to China if it might not be owned by a Chinese citizen. The BLQ Football platform with the 99 attached to its domain doesn’t attract enough traffic.
However, according to SimilarWeb, the domain with 66 seem to be attracting & registering the most visitors from China (64%) & Uganda (36%).
Once an MLM company refuses to disclose information about the owner or founder of the company, you should reconsider joining the platform or even investing in the company with further research.
Applying the above tip would probably help you not be scammed once you come across such MLM companies online. BLQ Football also has no retail products to offer its users & investors on the platform.
And having an external source of income in an MLM company is very beneficial to the company & its customers or users on the platform.
It can prove that the company can be trusted once you invest, and even guarantee your investments are in safe hands. See the company’s compensation offers in the following section below.
Also, you’ll find out more concerning BLQ Football Investment, and how it came out to be a scam to all who invested in the company far back when it came online. But first, let’s see the company’s compensation plans.
How BLQ Football Works – Compensation Plan & Offers
The company operates just like an MLM company operates but in a different way because all MLM companies have their way of running their Ponzi businesses based on what they offer to users & investors on the platform.
Affiliates on the platform, who joined as a member invest tether (USDT) based on advertised promised ROI offered by the company. And these ROIs are mapped as variable daily rates, which are paid out under sports betting activities on the platform.
Most users played on the platform and commended their operations to be easy, while some were able to reach a high daily ROI rate of about 10.63%.
All we’re trying to say is that BLQ Football Investment pays out referral commissions based on invested tether on three levels of recruitment via a unilevel compensation plan:
- On the first level of recruitment, you’ll get 10% from personally recruited affiliates on the platform
- While on the second level – 5%
- And the third level – 3%
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Join BLQ Football Investment
To join the BLQ Football Investment is free, affiliate membership is totally free to register for.
However, if you’re to participate in the company’s income oppotunties, you’re required to invest in tether (USDT) via the compensation plans.
And once you invest, you’ll start earning on the platform via commissions, and investment ROIs on the platform. See the following section below, and find out if BLQ Football Investment is legit or a scam.
BLQ Football’s Scam Operation or Legit Opportunity
The company – BLQ Football is similar to a Click a Button app Ponzi scheme. This measn that an affiliate invests tether, and he/she is expected to click a button in order to generate ROIs.
And this Click a Button scheme is strongly tied to gambling on Football match outcome (betting on Football match result predictions).
Also, the company operates its Ponzi scheme in a way that it recycles invested funds to settle ROIs on the platform. And such Ponzi schemes have been coming online since 2021, and more complicated ones are still coming.
Such Click a Button app Ponzi schemes are always promted to collapse in the near future, and once they do, you’ll have no sight of them anymore on the internet within a short period.
Within that time, if you eventually happen to join & invest in thier schemes, you’ll probaly lose your money & investments to scammers. And don’t bother come running back to collect your funds or profits, because you won’t find them.
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Why BLQ Football Have Been Tagged a Scam
It has been confirmed that BLQ Football has scammed lots of people & country citizens so far, stole thier money & ran away with them without looking back.
Even, currently speaking, the withdrawal space & button on the platform has been disabled, which means even though you join the platform, and earn much, you wont be able to withdrawa your earnings or investment profits.
The company seem to have stolen about 50 billion shillings of cash worth in Uganda, and has been broguht to public notice once the National Gaming & Lotteries Board issued a notice, where it warns Uganda citizens to avoid dealing with the company.
The company – BLQ Football has no registered incorporation or license to function in Uganda, and for that it has been initially ban from its finanical operations in Uganda.
Meanwhile, the company first operated in parts of Europe, and then ran away with huge funds & investments from investors & users on the platform.
And soon after it migrated to South Africa, did the same thing, and was banned from operating financially within the country. And now it came over to Uganda.
It operated as BLQ Football Uganda on social media platforms like Twitter, Facebook, and even through its own official platform, which at that time it was active, but currently it’s under maintanance, which will think will shut down soon.
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Frequently Asked Questions about BLQ Football Investment
Is BLQ Football registered in Uganda?
BLQ was conducts betting activities illegally without having a certified licence from the National Lotteries and Gaming Regulatory Board in Uganda for performing financial betting activities.
What is BLQ Football?
BLQ Football seems to be an investment company, where members & investors can make money recruiting other investors into the platform.
Who is the owner of BLQ Football?
If you check out the BLQ Football Investment platform, you’ll find nothing regarding the owner or founder of the MLM company.
For further updates on BLQ Football, feel free to visit this page next time on Start Easy Crypto, and dont forget to share or leave a comment below to know your opinion on this review.
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