Bydspace.com.ng is a recently launched platform that claims to offer an opportunity for individuals to make money online. Positioned as a money-making platform, Bydspace.com.ng attracts users with promises of daily commissions and referral bonuses. In this blog post, we will delve into various aspects of Bydspace.com.ng, exploring what it is, how one can join, the methods available to make money, the investment plans it offers, and whether it is a legitimate opportunity or a potential scam.
How to Join Bydspace.com.ng
Joining Bydspace.com.ng is a straightforward process. To get started, visit the website at https://bydspace.com.ng and look for the registration or sign-up option. Click on the designated link, and it will guide you through the necessary steps to create an account. During the registration process, you may be required to provide basic information such as your name, email address, and phone number.
Once your account is successfully created, you gain access to the platform’s features and functionalities. It’s crucial to note that, like any online platform, you should use a strong and unique password to secure your account.
How to Make Money on Bydspace.com.ng
Bydspace.com.ng claims to offer multiple avenues for users to earn money. One of the primary methods is through daily commissions. The platform asserts that users can receive an 8% daily commission on their investment. Additionally, Bydspace.com.ng provides referral commissions, allowing users to earn a percentage based on the people they refer to the platform.
Bydspace.com.ng Investment Plans
Bydspace.com.ng offers various investment plans with different price points and daily income potential. These plans are structured to attract individuals with varying budget capacities. Below are the investment plans provided by Bydspace.com.ng:
VIP-1
- Price: ₦2,000.00
- Daily Income: ₦140.00
- Validity Period: 50 Days
- Total Income: ₦7,000.00
VIP-2
- Price: ₦5,000.00
- Daily Income: ₦350.00
- Validity Period: 50 Days
- Total Income: ₦17,500.00
VIP-3
- Price: ₦10,000.00
- Daily Income: ₦700.00
- Validity Period: 50 Days
- Total Income: ₦35,000.00
VIP-4
- Price: ₦20,000.00
- Daily Income: ₦1,400.00
- Validity Period: 50 Days
- Total Income: ₦70,000.00
VIP-5
- Price: ₦50,000.00
- Daily Income: ₦3,500.00
- Validity Period: 50 Days
- Total Income: ₦175,000.00
VIP-6 to VIP-8
- Coming soon, with no specific details provided.
It’s important for users to carefully consider their investment options and assess the associated risks before deciding to participate in any investment plan.
Make Money on Bydspace.com.ng Through Referrals
Bydspace.com.ng encourages users to increase their earnings by referring others to the platform. The referral commission structure is as follows:
- Level 1 (Direct Referral): 10%
- Level 2 (Indirect Referral): 2%
- Level 3 (Indirect Referral): 1%
Users can leverage their network and social circles to build a referral network and earn commissions based on the activities of those they refer.
Is Bydspace.com.ng Legit or Scam?
Despite the enticing promises of daily commissions and referral bonuses, there are certain red flags associated with Bydspace.com.ng that raise concerns about its legitimacy:
Red Flags
- Operating a Ponzi Scheme: Bydspace.com.ng is flagged for operating a potential Ponzi scheme, a financial model that relies on new investments to pay returns to earlier investors.
- Lack of Substantive Information: The promotional events conducted by the company lack substantive information about its business operations, raising questions about transparency.
- History of Name or Structure Changes: The company has a history of changing its business name or structure, which can be indicative of instability.
- Limited Social Media Activity: Bydspace.com.ng exhibits limited social media activity with a lack of genuine engagement, suggesting a potential lack of credibility.
- Unprofessional Email Addresses: The use of unprofessional email addresses is uncommon among legitimate businesses and adds to the suspicion surrounding the platform.