Lets dig a bit deeper and find out.
There is absolutely no information whatsoever on the Pebbles Fund website signifying who owns or runs the business.
Pebbles Fund Review
The Pebbles Fund website domain, pebblesfund.com, was privately registered on October 26, 2016.
Pebbles Fund seems to be linked to a number of scams. The websites of AloBit, Donor’s Club and Fund My Cause are hosted on the same private server as Pebbles Fund.
All 3 opportunities are bitcoin-based cash gifting schemes.
Whether the administrator of Pebbles Club is the same as AloBit, Donor’s Club and/or Fund My Cause is uncertain.
If an MLM company is not willingly truthful about who is running or owns it, think long and hard about joining and/or handing over any money.
Pebbles Fund Product Line
Pebbles company has no retailable products or services, with affiliates only capable of marketing Pebbles Fund affiliate membership itself.
Pebbles Fund – Compensation Plan
The Pebbles Fund compensation plan has affiliates gift payments to one another via a 2×5 matrix.
Said 2×5 matrix puts a Pebbles affiliate at the top of a matrix, with 2 spots directly underneath them.
These 2 spots form the initial level of the matrix. The 2nd level of the matrix is created by dividing each of the 2 spots into another 2 spots each (4 positions).
The 3rd to 5th levels of the matrix are created in the same manner, holding 8, 16 and 32 spots respectively.
In total, a 2×5 matrix holds 62 spots.
Each Pebbles Fund matrix level operates as an individual cash gifting tier.
A Pebbles affiliate starts by gifting 0.02 BTC to the affiliate who recruited them.
This payment in turn qualifies the affiliate to receive 0.02 BTC from 2 later recruited affiliates.
Each of the Pebbles matrix levels require a gifting payment to unlock as follows:
- level 1 – gift 0.02 BTC to the affiliate who recruited you and receive 0.02 BTC from two subsequently recruited affiliates
- level 2 – gift 0.03 BTC and receive 0.03 BTC from four affiliates
- level 3 – gift 0.08 BTC and receive 0.08 BTC from eight affiliates
- level 4 – gift 0.3 BTC and receive 0.3 BTC from sixteen affiliates
- level 5 – gift 1.5 BTC and receive 1.5 BTC from thirty-two affiliates
Note: The above payments (both paid and received) are monthly recurrent.
Joining Pebbles Fund – Cost?
Pebbles Fund affiliate membership is completed by a monthly 0.02 BTC gifting payment to the affiliate who recruited you.
Complete participation in the Pebbles Fund MLM opportunity is 1.93 BTC per month.
The Pebblesfund website states:
“Pebblesfund is a diect M2M donations platform where members voluntarily give and receive donations.”
Pebbles Fund, AloBit, Donor’s Club and Fund My Cause are all basically replicas of each other.
Under the appearance of giving donations, affiliates in each opportunity are engaged in cash gifting.
Genuine donations do not entitle you to receive payments from succeeding donors. That’s cash gifting, which makes Pebbles Fund, AloBit, Donor’s Club and Fund My Cause all major scams.
Pebbles Fund – My Conclusion?
The way these bitcoin cash gifting schemes are set up mainly pays off the administrator(s).
The admins preload one or more spots subsequent to launching the scam. These spots cycle first to the upper matrix tiers and therefore receive the lion’s share of deposited funds.
The rest of the affiliate-base receives whatever little is left, most of which is passed up to the admin(s) spots in any case.
As per the website:
“Since donations are being given freely and willingly (nothing is being purchased), there are no refunds.”
Not surprisingly, when affiliate recruitment inevitably dies off, the scheme ultimately collapses. The unidentified administrators take off, with the use of bitcoin making victim fund retrieval next to impossible.
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