November 9, 2020 – By Brian Priest – Welcome to my MyHash Review
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And welcome to my independent MyHash Review.
So this is one of the latest cryptocurrency MLMs to come up
And I decided to look deeper into the company
To see if they are running it openly and legitimately.
As a matter of fact, someone may have approached you
About the investment and/or the business opportunity,
And you came here to find out if they are legit.
Well the good news is I am going to take you
Through the company, the products, and the compensation plan.
Then you will be able to make an informed decision
So make sure to pay close attention, and follow me until the end.
Now to get started, let’s take a look at the company
Inside of our MyHash Review.
MyHash Review – (The Company)
At the moment, from what I am able to find,
MyHash does not have any information
As to who runs or owns the company.
However, as I was looking at some of their marketing slides,
I did come across this:
I’ve tried to look them all up individually
And noticed there’s definitely something
that they all have in common.
They have no digital footprint at all.
And when it comes to their websites, they have two domains,
“myhashworld.com” and “myhashtoken.io”.
Here is what I’ve been able to gather on the websites,
To start with, Myhashworld.com
Was registered on September 15th, 2020,
And Myhashtoken.io was registered on August 26th, 2020.
Now even though the company just came into existence a few months ago,
They are saying it received a banking license
From the Swiss Financial Market Supervisory Authority,
Know as FINMA, in August 2019.
Okay….If they say so.
I did notice Phillip Han on the some of the marketing material.
Phillip Han actually started is MLM journey
By joining a legit MLM called Jeunesse
Which was a skincare MLM.
However, in 2018, he began promoting a company
That was called FX Trading Corp,
Which eventually went under.
He then went on to get involved with another MLM company
Called F2 Trading Corp which was just basically a rename and reboot
And by December 2019, it was on its way down.
Philip Hans operates out of Brazil,
And you will notice that
MyHash’s marketing material is in Portuguese
And the .COM domain is hosted on Brazilian name-server.
Probably not a coincidence. Just sayin’…
So let’s see what they have to offer for products.
MyHash Review – (The Products)
Ok So, MyHash has no retail products or services,
However, you can promote the affiliate membership as an affiliate.
Then from there, you can invest in the company
And get some kind of advertised return…
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So let’s get into the compensation plan in our MyHash Review
MyHash Review – (The Compensation Plan)
MyHash affiliates invest anywhere
Between $100 to $50,000 in bitcoin,
On a promise they will get a 300% ROI.
They do not have any set times,
But they are promising up to 30% per month. What? Ok?
Then after 300% is hit, you must reinvest
If the affiliate wishes to continue earning.
There are withdrawal fee’s that vary
Depending on when withdraw your funds out.
- Daily withdraw = 8% fee
- Weekly withdraw = 5% fee
- Fortnightly withdraw = 3% fee
- Monthly withdraw = 1% fee
MyHash has 11 ranks all together
That you can achieve and below is the break down on how to hit them:
- Gold – generate $2000 in weaker binary team side investment
- Pearl – generate $5000 in weaker binary team side investment
- Sapphire – generate $10,000 in weaker binary team side investment
- Ruby – generate $50,000 in weaker binary team side investment
- Emerald – generate $100,000 in weaker binary team side investment
- Executive Diamond – generate $250,000 in weaker binary team side investment
- Executive Double Diamond – generate $500,000 in weaker binary team side investment
- Supervisor Diamond – generate $1,000,000 in weaker binary team side investment and have one Executive Diamond on both sides of the binary team
- Supervisor Double Diamond – generate $2,000,000 in weaker binary team side volume and have one Executive Double Diamond on both sides of the binary team
- Crown Diamond – generate $5,000,000 in weaker binary team side volume and have 1 Supervisor Diamond on both sides of the binary team
- Royal Diamond – generate $10,000,000 in weaker binary team side volume and have 1 Supervisor Diamond on both sides of the binary team
Referral commissions are paid through a unilevel compensation plan.
MyHash puts a cap on their unievel at five levels deep in total.
Also, you get paid as a percentage of the invested funds
Across these five levels like the following:
- Level 1 (personally sponsored affiliates) – 5%
- Level 2 to 5 – 1%
MyHash pays residual commissions through a binary compensation plan.
These positions can be filled directly or indirectly by affiliates.
At the end of each day
MyHash adds up all the new investment volume
On BOTH sides of the binary legs.
Affiliates are paid 8% on the lesser leg.
Any left over volume on the stronger leg is carried over.
To qualify for residual commissions,
You must require at least TWO people
That invest $100 in bitcoin each.
Starting from Executive Diamond,
MyHash rewards affiliates everytime they hit a new rank.
- 1st qualify at Executive Diamond and receive a “Rolex in bitcoin”
- 2nd qualify at Executive Double Diamond and receive a Mercedes-Benz E-Class “in bitcoin”
- 3rd qualify at Supervisor Diamond and receive a “Porsche in bitcoin”
- 4th qualify at Supervisor Double Diamond and receive a “Ferrari in bitcoin”
- 5th qualify at Crown Diamond and receive a “yacht in bitcoin”
- and 6th qualify at Royal DIamond and receive “yacht +1M in bitcoin”
Now, lets look at what it cost to get started with MyHash.
MyHash Review – (The Cost to Join Up)
For an individual to get MyHash affiliate membership is free,
But, if you want to be part of the investment opportunity,
You have to drop a $100 to $50,000 investment in bitcoin.
And ongoing investments are a must
If you want to earn beyond the 300% ROI is reached.
Ok now unlike a lot of other MyHash reviews out there
I am going to keep it real with you
So PAY close attention because, here are…
My Final Thoughts
MyHash apparently produces it’s external income
Through some malarkey about secret Swiss banks.
This is what MyHash Is saying,
“Traditional bankers are betting heavily on the project
That will have a global reach,
With the limitation of 1,000,000 “myhashtoken”,
Several Swiss private banks will start to implement
The new tokenization function”.
Even if that is true,
How are they making 30% PER month returns?
Only income I see coming into the company
Is NEW investments paying off existing members.
Now when recruitment does slow down
And the company is about to spiral down
They will launch their MyHASH token.
“The launch of the myhash token
Will take place in the world’s largest brokers,
Where all cryptocurrency traders
Will have the privilege of buying and selling,
With an estimated value of $1000 by mid-2021″.
There are no specifics to this MyHash token,
But they are created pretty easily.
Is it necessary to operate in mining?
No, the coins are already mined.
Once this token launches,
All points will go from Bitcoin to these MyHash Tokens.
They will be listed on a public exchange,
Where they will pump then dump
Leaving most of the investors with useless tokens.
So when it comes to this company,
I can see the writing on the wall,
I can’t recommend this MLM,
It, just seems like a Ponzi scheme…
Anyway, I hope you enjoyed my MyHash review
And if you have any comments,
Please feel free to leave them in the comment section below…
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