S Block is a service that provides users with these digital currencies wallets, where users can store their cryptos safely. There are so many similar websites/apps out there that it becomes difficult to understand which ones are legit and which ones are not.
Blockchain and cryptocurrency are becoming mainstream in this digital world. Due to this rapid digital modernization, people have started investing and even trading in cryptocurrency.
If I’m honest, I don’t understand the point in this stupidity. There are so many people out there who rely on cryptocurrency, but to me, it just feels like gambling.
You do not have control over it, and you need to be very careful as you never know when the value dips down. So, is S block the right way to invest your money? Do read this review before investing your time and money in this app.
Website URL- https://www.sblock.com/
What Is S Block?
S Block is a cryptocurrency wallet app, founded in Singapore. It allows its users to store and trade in cryptocurrencies, providing a secure and easy to use wallet app.
However, what makes this app stand out is the fact that it also functions as an MLM (Multi-Level Marketing) Company. This means that users earn money when they refer and encourage others to use the app.
The wallet also doubles up as an automated trading platform. It uses Artificial Intelligence (A.I. Technology) to analyze and trade the amount invested, to earn a high return.
How Does It Work?
To earn money on the platform, and start using the services, you are first required to sign up on the website. While the signup process is straightforward, it is not free.
You are required to invest a minimum sum of $300 in registering. With this amount, you need to buy SBO (S Block) Tokens, the value for which is decided by the company itself.
These token are then invested by the automated trading bot, in an attempt to maximize the return on your investments. According to the website, the average ROI is between 6% to 15% per month.
Apart from this, users also have the option to earn money by inviting others to join the platform. The amount that users earn by referring others is based on a ranking system and runs 15 levels deep.
The Ranking System
The affiliate network on S Block follows a ranking system, which is clearly stated on the website. Your affiliate status on the website depends on how much you invest in the site, along with the number of people you have referred to the site.
The affiliate ranking is as follows –
1. Comet Rank: Invest at least $300; earn 5% commission.
2. Planet Rank: Invest at least $300, refer 15 members, generate a downline investment of $200,000, earn 5% commission.
3. Star Rank: Invest at least $300, refer 3 Planet ranked members; earn 10% commission.
4. Galaxy Rank: Invest at least $300, refer 3 Star ranked members; earn 15% commission.
5. Universe Rank: Invest at least $300, refer 3 Galaxy ranked members, earn 20% commission.
Based on this ranking system, users can earn different referral amounts for users that they invite. However, for each rank, the earning potential runs 15 levels deep.
The website is a typical MLM website where you not only earn from your referrals, but you also get a commission when your referral hires a referral. This system can get pretty complex.
You are just selling the membership of the program to other people and giving them hope that even they can make money if they do the same to others.
This is wrong in so many ways, and MLMs are famous for scamming people and taking money from them. So, if you think you are going to get the money that you invested in the system, then you might want to think twice because that is not going to happen.
1. The website has Android and iOS apps that make it simple to use the service.
2. The ROI promised by the company is 6%-15% per month, around 180% per year.
3. The website is well designed and easy to use and navigate.
1. To start using the platform, you are required to make a starting investment of $300. You cannot invest less than that.
2. There is no page to teach the use of the app. Users are expected to learn the platform, as they use the app.
3. There is nothing mentioned about the company or the CEO, making it a rather suspicious app.
Would I recommend this website?
No. S block is very similar to typical MLMs that expect you to sell people the membership so that you can make money. Their whole point is to convince people somehow that it is okay to sell the membership, giving them the reason that they can make money by doing the same.
People don’t understand that you are not selling anything useful to anyone. If you were selling a course or something that people would use, then it could make a lot more sense.
But simply selling membership and saying that it would help you make money, which is through selling the same membership to someone else, is stupid.
If you want to make money, then there are so many other ways to do so, but investing in S block is not something that I would recommend.
S Block is one of those many scams where you are just encouraged to get more and more people to join the program. People these days are aware, and no one is willing to spend a lot of money on websites that are new and support MLM marketing.
If you want to make money online then I would suggest going through training or a course that would help you make money online.
If you are serious about making a full-time income online, then you can get started with affiliate marketing. I got started the same way, and I can say that it is probably one of the cheapest ways to get started online for a beginner.
The course I joined does not require you to have any coding skills, and neither do you need to have an inventory. You can get started at an introductory offer of $19 a month, and if you want a free trial, you get that as well!
The course that I joined to learn affiliate marketing was Wealthy Affiliate. One of the reasons I went for it was because it had worked for many people in the past, and it was affordable, so I had nothing to lose.
You can join in the trial period and upgrade to premium within seven days since it would just cost you $19 for the first month.
Inside the course, you would get a step by step training on how you can start your online business. The course is easy to understand and follow, apart from that, you would be able to get my personal opinion on your websites.
I could help you choose a profitable niche that can make money within 3-6 months. This might sound like a long time to make money, but that is how long it takes for any website to get off the ground.
You need to be consistent and put some effort into making money online. There is no ‘get rich quick’ scheme that works, and if it did, then everyone would be doing it, and no one would waste time working hard.
So, check out Wealthy Affiliate if you are interested in making a full-time income online. You can get started for FREE today!
If you have any questions about this course, then let me know in the comments below, and I would be happy to help!
If you want to share your experiences, then feel free to do so as it would help our readers.
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