Swag Review – Legit BitCoin Mining MLM or Big Scam?

February 6, 2021 by Brian Priest Welcome to my Swag Review. Is this a legit Bitcoin Mining MLM? Or another Ponzi Scam Designed to take your money? That’s what we are going to find out in this SwagMining.com Review.

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Hello everyone and welcome to my Swag Review. I’ve noticed a lot of talk lately about this Bitcoin mining MLM lately. So I decided to dig deeper. And see what all the chatter is about.

As a matter of fact you may have been approached by someone about their investment or business opportunity. And you came here to find out if it’s legit. So we are going to go through the company, the products, as well as the compensation plan. Then you will be able to make an educated decision about your future with the Swag company.

So stay with me until the end. Because unlike a lot of other Swag Reviews out there I’m going to straight with you. And remember to pay close attention as we go through our SwagMining.com review.

Table of Contents

Hey though before we start…

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Now let’s get started and see what we can dig up in our SwagMining.com Review.

What Is Swag?

Swag is a conglomerate of all things cryptocurrency with a heavy lean towards Bitcoin. I guess if we have to put them into a niche, it would most likely be the cryptocurrency education, investment, and mining MLM arenas. In addition they are known by multiple names that include Swag, Swag Network, Swag Mining, and swag Your Life just to list some of them. And they are not without their share of scrutiny.

So let’s see if the Swag Company can hold up to the standards of being legit in our SwagMining.com Review.

Swag Review – The Company

We have already mentioned that the swag company goes by many different names. In addition to that they also have multiple websites. Of which Swag-corporate.com is the parent company. There is also swagmining.com, and swag yourlife.com as well. And all three of these website were registered sometime between early 2019 and renewed in 2020.

The Swag company is based in Italy and all of their websites default language settings are in Italian. And in addition to that they are all hosted from Italy.

Swag Company Leadership

Gabriele Stampa is the Co-Founder of the Swag company.

And in addition to being the company’s focal leader. And on the swagmining.com company website he is credited:

“For the development of mining activities we have relied on the first Italian manufacturer of mining plants. Mining operations are coordinated by Gabriele Stampa, Co-Founder of the first and largest Italian mining farm and active member of the Scientific board of Scrypta Fondation and Assocoin.”

Also LinkedIn has it listed that Gabriele Stampa has been a Co-founder of Swag since July 2019. And He is from Florence Italy which would coincide with everything else.

Now Gabriele Stampa has been involved in more than one cryptocurrency adventure in the past. However none of them really panned any gained any lasting stability.

But to be completely fair not many of our first few attempts at anything never really make the big time. And a lot never even make much of anything other than allowing the entrepreneur to gain more experience.

So who knows, maybe this one is it. He does have a litany of folks on board to help and support and train. We’ll have to see how this plays out in the long run. But to be honest, as I went through the research I was having feeling of giving this the benefit of the doubt. However we are going to have to wait until the end to find out. LOL

So now that we’ve went through that let’s see what the Swag Company offers as products in our Swag Review.

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Swag Review – The Products

So this is where the train kind of derails when it comes to where the law is concerned. Because the Swag company doesn’t have is any retail products separate from the affiliate membership. However the membership has 4 different training modules known as Swag Academy that are included with your membership.

So Really all you can do is to become an affiliate and promote the affiliate membership and the investment opportunities.

And you can invest in the investment opportunities as well.

Alright now that we have that covered let’s keep moving and see what the swag company offers its affiliates for a compensation plan inside of our swagmining.com review.

Swagmining.com Review – The Compensation Plan

Swag company affiliates invest in the company’s investment packages on a promise that they will receive advertised returns on those investments. And the return is based the amount you choose to invest.

Below are a list of the investment amounts and advertised returns:

1 – Swag Pack 10 – invest €100 EUR and get 2.5% a month
2 – Swag Pack 50 – invest €500 EUR and get 3% a month
3 – Swag Pack 100 – invest €1000 EUR and get 3.5% a month
4 – Swag Pack 250 – invest €2500 EUR and get 4% a month
5 – Swag Pack 500 – invest €5000 EUR and get 4.5% a month
7 – Swag Pack 1000 – invest €10,000 EUR and get 5% a month

The above returns are also advertised in “bimonthly returns” which could mean that you can only withdrawal once every two months.

In addition to ROIs the Swag company also pays referral commissions. So let’s see what that is about in our swagmining.com review.

Direct Referral Commissions – Swag Review

Swag company affiliates can earn direct referral commissions on the fee’s paid by your sponsored affiliates. And sponsored affiliates are tracked through a unilevel compensation plan. However they don’t tell us how many levels deep that it pays through.

In addition to that I couldn’t find any specifics on the payouts and percentages. I could only find that affiliates can earn 0.0151 BTC in referral commissions possible per member? And it looks like 0.00151 BTC is the payout per member in the compensation plan.

However Renewal fee’s are due every two months and these referral commissions are paid every two months.

Ok now let’s find out what it costs to join the Swag Network inside of our Swag Review.

Swag Network Review – The Cost To Join

There is an annual member fee to become a Swag affiliate. And this fee must be paid to sign up and to participate. However these fee’s are not disclosed on the websites anywhere that i could find.

But I was able to locate some marketing material suggesting the more an affiliate spends, the more income potential.

So now comes the part you’ve been waiting for. And unlike a lot of all the other Swag Reviews out there I am going to be straight with you. So stay with me just a few more minutes and remember to pay close attention. Because here are…

My Final Thoughts

So is there some kind of scam going on behind the scenes at the Swag Network Company? Well let’s look at the information we’ve collected and see what the evidence tells us.

So I’d really like to say that that Swag Company is a safe bet. But I really don’t think I can. And here are the reasons why.

First of all this isn’t Gabriele Stampa’s first rodeo. he’s done this stuff before, a lot. Which means he knows that he can not offer securities with being registered. Which from everything I couldn’t find. they aren’t. That’s right, I said couldn’t find.

Second they don’t have any retail products to offer retail customers is never a good plan when you are trying to go MLM, Network Marketing, Referral Marketing, or whatever you want to call it. You still have to have something to market. So fail there.

And including training in your affiliate membership packages doesn’t qualify as products.

All the Swag company des is promise a monthly return on invested funds.

Ponzi Scheme?

The Swag Company claims to have mining opperations and are mining Bitcoin. However there isn’t any evidence or proof of that going on anywhere either.

So according to the law Swag is your typical MLM crypto Ponzi scheme.

If Swag was actually producing their ROI through mining, they wouldn’t need an Estonian shell company…

Swag could register with the CONSOB which is Italy’s SEC equivalent and call it a day.

When I looked at the top promotors, two of them were from Spain.

I can see Swag isn’t registered with CNMV in Spain either…

Stampa also claimed he founded TrueBitcoin in July 2020.

his looks like another ERC-20 altcoin…

As of today it still hasn’t launched but saying it will:

We are developing a new cryptocurrency minted with care and in rare metals integrating a strong component of Hi-Tech systems.

“It will be connected to the web and to the blockchain from which it will acquire unprecedented qualities and new levels of control and security.

We have reinvented bitcoin and you can use it like any other currency.

It will be like having a treasure in your pocket.

The first cryptocurrency in history that through the Blockchain will be able to assume exactly the value of the bitcoins it represents.

So It looks like they will start having people invest in this instead of actual bitcoin…

So let’s get this straight…

Instead of paying you in proper Bitcoin, he is paying in TrueBitcoin? (which useless outside of the company) instead…

Looks like it will be a pump and dump exit scam to me…

Anyway I don’t recommend this ponzi scheme…

So hang onto your money for now, or even better invest in yourself and be the creator of your own future. Because for real, You are totally worth investing in.

So… However Before You Go

Thanks for stopping by. And I hope you enjoyed my swagmining.com Review. If you have any questions or comments, please feel free to comments section below. And I will get back to as soon as I am able.

And again thank you for reading my Swag Review

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