A new program has just been launched on the Internet and is creating buzz on social networks and some forums. This program is called Up2Give. So if you have been introduced to this program and you are looking for an honest Up2Give review to make an informed decision, you are in the right place.
Throughout this review of Up2Give, I will cover these points:
- what Up2Give is?
- how does Up2Give work?
- Who is/are behind this program and their track record
- Up2Give pros and cons, and
- I will give you my final point of view to let you know if Up2Give is a scam or not.
Without future ado, let get into our Up2Give review now.
Up2Give Review summary:
Company Name: Up2Give
Owners: Jerry Lopez, partnered with Andreas Kartrud and Sean E Star.
Products/service: any product or service
Price to join: $32
Legit or scam? – Scam
SOW YOUR SEED TODAY rating: 1/100
Do I recommend this? – NO
What is exactly Up2Give about?
Jerry Lopez, Up2Give’s founder claim that Up2Give is a philanthropic donation crowdfunding platform. But in reality, this program is only a cash-gifting program, a Ponzi and a pyramid scheme.
Like any pyramid scheme program, Up2Give has no product or service on the back end.
I know why they have this claim. Alongside their cash gifting tab, they have a simple giving-tab, where people can donate without taking part in their cash-gifting system. But that doesn’t make this program legitimate either.
How does Up2Give work?
Some people, mainly cash-gifting fans praise Up2Give as a golden ticket to financial freedom. At first glance, it seems like this program is the best program that will change all the world. It seems it really creates value.
Here is what the co-founder state: “Up2Give is a global correlation movement designed to create a culture of Philanthropy, where UP2GIVE will help solve some of the world’s most obvious problems through the power of giving”.
But the reality is quite different.
Up2Give is just a peer to peer donation program, a pyramid scheme with no products or services on the back end. That said, there are no products or services to promote. Money is generated based on the recruitment of new people to the system.
So all you have to do is to pay for your monthly fee ($32) give your 0.005 BCT for donation and then invite other people to join you. This is an unethical business model and it will be very hard to convince people to join you in this program.
You are wondering. Isn’t it just crowdfunding?
Yes, the first impression you may have is that it is crowdfunding! And giving or receiving a donation is legal!
Yes, you are right! Crowdfunding is legal but according to how Wikipedia defines crowdfunding, Up2Give is not a crowdfunding platform.
A crowdfunding platform is legit if only the one who gives donation doesn’t expect a reward in return. But as long as you give a donation to others in order to be qualified to receive money from other members who will register after you, it becomes illegal.
Who are the founders of Up2Give?
It should be noted that at the time I was writing this Up2give review, their program is in pre-launch and there is no information on the site about the founder of this program.
However, my research allowed me to find 2 guys: one named Jerry Lopez claiming to be the founder and CEO of Up2Give, the other one named Andreas Kartrud claiming to be the Co-founder.
I tried to do some research to find out their track record.
And here is what I discovered:
The founder Jerry introduces itself on his Facebook profile as a Public Speaker, Personal Development Coach, MLM Executive, and International Team Builder.
He joined LyfeStart International (LSI), an MLM company that closed his door just after about six months of operation in May 2014, where he was welcomed as the Executive Advisor of the company. After 8 months with LSI, he quit this company for another MLM company named Savi Health before ending up with Dunamis Global Tech, a Crypto MLM company that went under and was sold off to Onyx Lifestyle.
What about the co-fonder, Andreas Kartrud?
On his LinkedIn profile, Andreas Kartrud introduces himself as a professional network marketer, success coach, mentor, motivational speaker, an online marketer, and a blockchain & crypto educator.
He is the CEO and Founder of “Bakluckeloppis i Malmö”, a flea market for the people of Malmö, before getting involved with “Wo Token wallet”, a crypto scam program.
As I was writing this Up2Give review, this program is in pre-launch with no products behind it.
However, they have a Giving Box but this cannot be considered as a real product either. It is just where members receive their donations from the people who will join Up2Give after them. So, Up2Give has no products or services.
How much money do you need to join Up2Give?
If you want to participate in the Up2Give cash-gifting program, you need to pay a minimum of $32 monthly membership fee and to give a 0.005 BTC donation to a member “cause”.
When I was writing this post, 1 BCT costs $7152.28. If you do a quick calculation, 0.005 BCT equals about $36. That is a total of $68 you will need to join this program
Up2Give compensation plan
Up2Give compensation is structured on a 6×2 matrix. But before entering into this 6×2 matrix, you will have to refer 2 people who will be ready to pay their 0.005 BCT and their $32 ongoing monthly fees.
This gives you a total of 0.01 BCT that will be used to fund your entry into the 6×2 matrix.
Here how Up2Give’s compensation is structured:
Level 1: Give 0.01 BCT to someone cause to receive 0.01 BCT from 2 filled positions for your own cause.
Level 2: Give 0.01 BCT to someone cause to receive 0.01 BCT from 4 filled positions for your own cause.
Level 3: Give 0.02 BCT to someone cause to receive 0.02 BCT from 8 filled positions for your own cause.
Level 4: Give 0.050 BCT to someone cause to receive 0.050 BCT from 16 filled positions for your own cause.
Level 5: Give 0.25 BCT to someone cause to receive 0.25 BCT from 32 filled positions for your own cause.
Level 6: Give 1.0 BCT to someone cause to receive 1.0 BCT from 64 filled positions for your own cause.
Once you reached level 6, Up2Give will reduct 10% of the amount of BCT you received.
Is Up2Give a scam?
After you’ve read all this, do you still wonder if Up2Give is a scam or not?
3 mains reasons lead me to this conclusion: Up2Give is a scam
- Up2Give has no products or services that it offers to its users. Therefore, it is not a legitimate MLM company.
- Up2Give is also not a crowdfunding platform because members give donations expecting donations from other members that will join the platform after them.
- The Federal Trade Commission (FTC), states that any business or program that generates profit focusing on recruitment than selling product/service is illegal.
Up2Give review: My final thoughts
I’m sure if you’re here, it’s because you intend to join perhaps this program. But you probably want to be sure that the business in which you intend to start is a legitimate business. You want to make sure that Up2Give worth your hard-earned cash.
I also know that it is frustrating when you discover a program you believe in and you see that people reviews are not encouraging or motivating.
I was there and I understand the emotion it makes.
But what I want you to know is that my intention is not to discourage you or give you a scam review of a program in order to sell you something else.
If the program is worth it, I will be honest!
My goal is to let you know the truth, to expose any program designed to scam those who are looking for some ways to make money online.
And I think even if finding that a program you intended to join is a scam is disappointing, it is even more disappointing to lose your money with a program you believed in.
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I think this review of Up2Give has helped you to have a better understanding of what this platform is? How does it work? And even more, it will help you make a wise decision.
If you like this post, share it with your friends. Any action you take is a seed you sow. Sure you’ll harvest it up sooner or later. And doing that will save your friend from getting involved in this garbage.
Be an ACTION taker, SOW YOUR SEED TODAY!!
To your success!!!