Bit Reen Corporation Review
Bit Reen Corporation is a financial support service the operates by BitCoin donations.
About Bit Reen Corporation
The website claims that Bit Reen's main focus is to try and create a social community where people can find better solutions to financial issues quickly without all of the hassles. The company is worldwide serving every country. There is a warning that states Bit Reen Corporation is NOT a bank nor is it an MLM company, an online business, HYIP or an investment program.
There is no information on the founders or when it was founded. There's a founders section and a letter from founder but there are no names of any sort. The websites IP address was set up in May of 2016 but all of the other information is set to private settings. It is odd that there is no information about the people involved in setting up Bit Reen anywhere on the internet. Not one bit of information is available to the public.
The service is completely free and easy to use. The website claims that Bit Reen was set up by the people for the people. All you have to do is register, set up your personal office, and choose whether you are requesting help or offering it.
The minimum amount to invest is $100 and the maximum is $10,000. Once you have contributed Reens ( internal currency of the system) will be placed into your personal office. The percentage of increase on your reens is 4-5% a day. All of the transactions take place privately between the borrower and lender, Bit Reen is simply the connection between participants. You can trade your reens in for sale at any time you wish.
It is obvious that the opportunity for those who are requesting assistance is receiving the assistance without all of the unnecessary hassles. The simply sign up and request help and then someone in the Bit Reen community will provide assistance.
For those who choose to provide help, the benefits are a little different. Providers will receive a percentage of commission and bonuses on the amounts they contribute. There are 4 different ways they can earn.
Opportunity A – Provides a 4% daily growth on investments. That is 120% a month with NO locking period and a 28% primary order within 48 hours.
Opportunity B – Provides a daily percentage growth of 5% with 150% a month. The locking period is 30-days with a 120% primary order within 48 hours.
Direct Commission – This is where the numbers begin to increase. With direct commissions, you receive 5% for every extension with unlimited amounts of people in the extension line.
Guider Bonus – The guider bonus offers 7 levels worth of extensions.
- Level 1 – 5%
- Level 2 – 3%
- Level 3 – 1%
- Level 4 – 0.50%
- Level 5 – 0.25%
- Level 6 – 0.10%
- Level 7 – 0.01%
The guider bonus can continue onward without limitations.
So those who need help get the assistance they need without any big issues or big banks involvement. Those who choose to provide help get to feel good about helping someone in need, but they also get an incentive and some payback.
It is never a good sign when there is so much information missing from a company or a foundation's website. There is nothing on the Better Business Bureau or any other business validation sites. The only user reviews that could be found are on the actual website, so there is no guarantee when it comes to that either.
The general idea of how the system is set up and designed to work is fantastic, but unfortunately, there is no proof in this bowl of pudding. There are several other financial companies that exist today that will help those in need for little or nothing. If I was searching for some sort of financial assistance I would have to say I would not choose Bit Reen Corporation. There is not enough information or backing, therefore there is not much of a guarantee.
A couple of awesome things are the fact that it is running on BitCoins and its own system of currency, and the fact that the system is said to be designed for the people by the people. Other than that I have to say 2 stars for effort and an honorable idea.