B-Love Network – Dubious Tactics You Must Avoid (Update 2024)
B-Love Network is an MLM scam that claims to be a tech firm only to steal from others.
The following review explains why you should avoid them:
B-Love Network: Their Claims
B-Love Network does not provide executive or ownership information on its website. B-Love Network’s website domain (“blove.network”), was privately registered on January 2nd, 2023.
It came to knowledge that B-Love has a connection with Innovation Factory by seeing the footer of B-Love Netwrok’s website.
Privately registered on March 12, 2021, the domain “innovationfactory.biz” serves as the operating base for Innovation Factory.
On the “projects” page of the Innovation Factory website, it is discovered that the company has further affiliations which are:
- BFICoin – Ethereum fork shitcoin
- BFICScan – BFIC blockchain explorer
- Dexa – NFT marketplace
- XchangeOn – in-house exchange
- BFIC Network – BFIC token staking and mining-themed Ponzi scheme
Privately registered on August 9th, 2021, the domain “bficnetwork.com” is the base of operations for BFIC Network.
B-Love appears to have evolved from the BFIC Network.
BFIC Network: It is an application that claims to provide a platform for crypto staking and affiliate marketing. A single login avails the users with stake-mining sessions. The BFIC network also promises rewards for regular logins.
The official Facebook sites for each of Innovation Factory’s programs are mostly run out of the United Arab Emirates. Typically, this refers to Dubai.
The majority of B-Love’s marketing is directed towards Pakistan (and indirectly, India), therefore it makes sense that Pakistan is now included in the B-Love Network’s official Facebook page.
According to the Facebook page of Innovation Factory, it is concluded that Omar Khan is the owner of the company.
It appears that Omar Khan, also known as Omer Khan, is a Pakistani native hiding away in Dubai.
Before 2021, Khan had no verifiable digital footprint. Khan’s Facebook page, which mainly includes marketing for the Innovation Factory, was launched in November 2021.
The world’s MLM crime capital is Dubai.
BehindMLM’s guidelines for Dubai are:
- If someone from Dubai approaches you for an MLM opportunity, they are trying to fraud you.
- It’s a scam if an MLM business claims to be based in Dubai or to have connections there.
Now let’s know how all this relates to B-Love Network.
B-Love Network’s Products
B-Love Network doesn’t offer any services or goods for retail sale.
Only the B-Love Network affiliate membership itself may be promoted by affiliates.
B-Love Network’s Compensation Plan
Affiliates of the B-Love Network purchase BLV tokens. 100 BLV or more is parked with B-Love Network via the app.
This is done with the compulsion of receiving a passive return of 1% per day for paid out of 500 days.
The MLM side of B-Love Network pays for the recruitment of affiliate investors.
Referral Commissions
10% of BLV invested by affiliates who were personally recruited go to the B-Love Network affiliates.
ROI Match
B-Love Network uses a uni-level compensation structure to pay the ROI match.
An affiliate is at the head of a unilevel team in a unilevel compensation system, and any affiliate they recruit is put immediately under them.
New affiliates brought on by any level 1 affiliates are added to the original affiliate’s unilevel team at level 2.
If any level 2 affiliates bring on new affiliates, they are promoted to level 3, and so on down a theoretically endless number of levels.
The ROI Match is limited by B-Love Network to fifteen single-level team levels.
Based on how much BLV an affiliate has personally spent, the ROI Match is provided as a proportion of daily returns paid to downline affiliates across these fifteen levels:
Here below is the proportion shown in the form of the table
| BLV Invested | 1000-9,999 | 10,000-19,999 | 20,000 -29,999 | 50,000-69,999 | 70,000- 99,999 | 100,000 or more |
| Level 1 | 20% | 20% | 20% | 20% | 20% | 20% |
| Level 2 | 12% | 12% | 12% | 12% | 12% | 12% |
| Level 3 | 5% | 5% | 5% | 5% | 5% | |
| Level 4 | 4% | 4% | 4% | 4% | 4% | |
| Level 5 | 3% | 3% | 3% | 3% | ||
| Level 6 | 2% | 2% | 2% | 2% | ||
| Level 7 | 2% | 2% | 2% | |||
| Level 8 | 2% | 2% | 2% | |||
| Level 9 | 2% | 2% | 2% | |||
| Level 10 | 2% | 2% | 2% | |||
| Level 11 | 2% | 2% | 2% | |||
| Level 12 | 2% | 2% | ||||
| Level 13 | 3% | 3% | ||||
| Level 14 | 4% | 4% | ||||
| Level15 | 5% |
Joining B-Love Network
B-Love Network affiliate membership is free. Full participation in the attached income opportunity requires a minimum 1000 BLV token investment.
B-Love Conclusion
B-Love Network is a Ponzi scheme that is themed based on 1% a day staking.
XchangeOn is used to fund affiliate withdrawal requests and new investments arrive into the scheme through XchangeOn.
For its part, B-Love Network hasn’t bothered to come up with an external revenue ruse. “Something something invest, staking, something something infinity tokens for everyone.”
Infinity tokens can be generated by B-Love Network on demand and they will be generated to satisfy a return of at least 1% a day and its MLM compensation plan. The main issue is that BLV tokens are useless.
Affiliates would always want to cash out something that has an actual true value. To that end, B-Love Network is limited to paying out what has previously been invested – and that’s where things will eventually fall apart.
The BFIC Network, which is around a year and a half in, is probably on the point of collapse and appears to have served as the foundation for the birth of the B-Love Network.
The BFIC Network will most likely continue for a little while longer with the help of new funding from B-Love Network.
B-Love Network’s requirement which demands affiliates buy BLV on XchangeOn with BFIC tokens is part of the reason for this.
Innovation Factory has already released two Ponzi shit tokens, and, probably, it will eventually issue more. This is because scam spinoffs live shorter lives than the originals on which they are based.
Additionally, B-Love Network can only scam so many people in Pakistan before it must turn its attention elsewhere.
As with all MLM Ponzi scams, the fresh investment will cease as soon as affiliate recruiting does.
This will deprive B-Love Network of ROI income, leading to its eventual collapse.
The calculation behind MLM Ponzi schemes ensures that the majority of participants lose money when they fail.
How to stay away from Becoming a Ponzi scheme victim
Use only trusted financial advisors- This includes investigating the person’s credentials, prior investment experience, and certification.
Study the subject. Examine the company’s activities and request to view any documentation that must be filed with the Securities and Exchange Commission before investing.
Observe your gut feeling. You might not want to put your money into a particular investment if you believe it to be particularly unusual, dangerous, or uncharted. The caution alert should go off if someone promises an investment return that is abnormally high or consistent.
People approaching retirement should be cautious about their investment situation. You probably look to your investments for financial guidance during your retirement years.
Avoid B-Love Network.
