I am sure like me, you also want to learn more about them, before investing your precious money.
To help you guys, I have spent some time on them and prepared this GoldBlocks Review. I have divided this into company profile, products, compensation plan and finally my thoughts.
Scroll below to see all the details!
What Is GoldBlocks?
The GoldBlocks website doesn’t give any information about their owners. They even went one step further and excluded their ‘about us’ page from their website.
However, browsing through their website, I found one of their sub website by the name of mygoldblocks.com. Looking at their domain registration information, I found that it is registered to Aleksandar Sokolov from Slovenia. I’m guessing that he may be the owner, however, I am not certain. Apart from this I could not find any other information about him.
The site was registered in May 2016 and set to be expired in May 2017. They don’t have much time to extend the registration.
Being an EU site it is understandable that most of the traffic comes from Germany. They also receive visitors from Italy, Slovenia, Spain and Turkey.
Sadly, that is all about the company. Now, let’s check out their products.
Products Offered By GoldBlocks
They do not have any physical or digital products for sale.
However, if you join as an affiliate member, you can promote their membership.
The GoldBlocks Compensation Plan
If you want to join their compensation plan, you first must take part in any of the plans below.
- Starter – $100
- Partner – $500
- Business – $1000
- Master – $5000
- VIP – $9000
- Diamond – $20,000
GoldBlocks pays out 0.3% to 0.5% daily ROI on your investment for 365 days.
Referral commissions are also paid out on money invested by your sponsored affiliates.
These commissions are paid out for 3 levels through a unilevel compensation structure:
- Level 1 (personally sponsored affiliates) – 10%
- Level 2 – 3%
- Level 3 – 2%
They also have residual commissions which are paid out in binary structure. Here you are positioned at the top and your recruited members are placed below you. They support unlimited levels of members below you to be counted for the residual commission.
Every GoldBlocks affiliate package comes with a set number of points:
- Starter ($100) – 80 points
- Partner ($500) – 400 points
- Business ($1000) – 800 points
- Master ($5000) – 4000 points
- VIP ($9000) – 7200 points
- Diamond ($20,000) – 16,000 points
Members receive 10% commission of matched volume on both legs. The rest of the points are carried over for next commission payout.
There are limits on daily binary commissions that are based on the following rank qualification criteria:
- Business Marketer (sponsor at least 2 affiliates who have invested) – $500
- Bronze Executive (sponsor at least 2 Partner or higher affiliates and have generated at least 5,000 weaker binary side points) – $750
- Silver Executive (generate at least 10,000 weaker binary side points) – $1000
- Gold Executive (sponsor at least 2 Bronze or higher affiliates and generate at least 25,000 weaker binary side points) – $1500
- Director Executive (sponsor at least 2 Silver or higher affiliates and generate at least 100,000 weaker binary side points) – $2000
- Diamond (sponsor at least 2 Gold or higher affiliates and generate at least 500,000 weaker binary side points) – $2500
- Blue Diamond (sponsor at least 2 Diamond or higher affiliates and generate at least 1,000,000 weaker binary side points) – $3000
- Black Diamond (sponsor at least 2 Blue Diamond or higher affiliates and generate at least 5,000,000 weaker binary side points) – $3500
- Crown Diamond (sponsor at least 2 Black Diamond or higher affiliates and generate at least 10,000,000 weaker binary side points) – $4000
- President Ambassador (sponsor at least 2 Crown Diamond or higher affiliates and generate at least 20,000,000 weaker binary side points) – $5000
Aside from a daily ROI in coins, affiliate packages also include an upfront amount of coins:
- Starter – 100 GB Coins
- Partner – 500 GB Coins
- Business – 1000 GB Coins
- Master – 5000 GB Coins
- VIP – 9000 GB Coins
- Diamond – 30,000 GB Coins
Affiliate packages also include a set amount of gold:
- Partner – 1 gram
- Business – 2 grams
- Master – 5 grams
- VIP – 20 grams
- Diamond – 25 grams
My Final Toughts On GoldBlocks
Aside from the fact that no owner is mentioned, my biggest concern is that they pay out everything in GoldBlocks. As this is not a publicly traded commodity, they are in charge of setting its exchange rates. They can raise or lower exchange rates at their will. So, if they feel like they are not making enough money they can simply raise the exchange rate. This way you will lose more money for nothing.
Also, there is no indication on how they will transfer your commodities if you manage to earn them.
To me, this is nothing but another MLM venture capitalizing on the cryptocurrency hype. When the recruitment rate dries up, they will go their way and you will lose your investment.
Therefore, I do not recommend them. However, the choice is yours to make.
I hope you enjoyed my GoldBlocks review and learnt valuable insights about the company.
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Again, I hope you enjoyed this GoldBlocks review and I’ll see you all at the top!
PS. All questions are welcomed, feel free to leave it in the comment area below… again God bless!