Before we can move on to discussing topics associated with BFF Crowdfunding, we need to get a few things out of the way regarding various components of our website. As a consequence of this, I proceeded to investigate further, and as a result, I came across some important questions associated with BFF Crowdfunding.
What do you know about BFF Crowdfunding?
BFF Crowdfunding, which is referred to as BFF Global Network, claims to have a major lack of transparency on the information pertaining to its ownership and leadership positions. Because their website lacks essential information, there are questions regarding the organization’s validity and accountability.
We look at 34 different data points when analyzing and rating online money-earning opportunities. Once the research on these data points is submitted, expert contributors reach out to the company’s customers and associates to get more insight into their operation. Finally, all the collected information is presented in the form of this expert review.
All the data is extracted from publicly available information and the sources are given in the transparency section at the bottom of every report.
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On the other hand, in the instance of BFF Crowdfunding, the only thing that can be seen on the main page of their website at the moment is a login form for affiliates. This shows that the website’s primary focus is on acquiring associates or participants, but it offers little insight into the persons or institutions that are behind the platform. 
Due to the lack of transparency, it may be difficult for users and investors in the future to evaluate the legitimacy of the platform as well as the individuals who are responsible for its day-to-day activities.
It is necessary for any crowdfunding infrastructure, but especially one that involves money exchanges and investments, to be transparent about its ownership, administration, and organizational structure.
This is especially important for a platform that deals with both. Due to the lack of such information, it is prudent to proceed with caution and complete all necessary research before committing to BFF Crowdfunding.
Users who are considering using a platform for the first time should think about the dangers that come with using a network that does not give this vital information, as this could affect their faith in the network’s integrity and the safety of their investments.
When the BFF Crowdfunding was established?
The website known as “bffcrowdfunding.com” is privately logged in, which indicates that the private data of the domain owner is not made available to the general public in any way. The 11th of June, 2023 was the date chosen to initiate this secret registration.
Who is the Owner of BFF Crowdfunding?
Mike Taylor, who lives in Texas, is a well-known figure in the field of internet advertising and trading. He has been active in this industry for many years. On his own Facebook page, he presents himself as the proprietor and chief executive officer of BFF Global Network.
He is also the administrator of the Facebook group called “BFF Global Network.” As can be seen from his YouTube channel, his online presence is shaped by the fact that he works as a forex trader, an internet marketer, a coach, and a mentor.
Mike Taylor was active in the promotion of various schemes prior to the introduction of BFF Crowdfunding around three months ago. Some of these schemes include “Gobe Tradehouse” and “GOBE Copycat.” 
These strategies had the potential to generate a return of $9500 on the initial investment of one hundred dollars. However, it is important to point out that these plans appear to be obsolete.
This conclusion may be drawn from the minimal web traffic that was observed on Gobe Tradehouse’s site in August 2023, which totaled just approximately 3,500 visits. It would appear that these endeavors did not experience the level of success that was anticipated.
If we go back a little farther in time, we can see that Mike Taylor was involved in the promotion of two other businesses in the past: Tradera and Forsage. Since then, Tradera has failed, and Forsage has been called a cash transfer Ponzi scam, with owners who have been indicted for their involvement in the fraud.
How does the BFF Crowdfunding work?
It is an unregulated & unauthorized trading platform that is not safe for investment. Yet its functioning can be divided into the following points:
- Products Of BFF Crowdfunding
- Compensation Plan of BFF Crowdfunding
- Referral Commissions
Products Of BFF Crowdfunding
BFF Crowdfunding does not provide any physical items or goods that can be purchased by retail customers. Instead, the major focus of the company is on acquiring affiliates and promoting affiliate participation in BFF Crowdfunding.
BFF Crowdfunding offers two training courses in addition to the main affiliate membership: an “affiliate advertising program” and a “money repair training course.” These courses are designed to give educational tools and direction to their associates, allegedly to help them become stronger marketers and maybe better their financial problems through credit restoration instruction.
BFF Crowdfunding’s primary revenue source appears to be affiliate recruiting and subscription fees, along with educational courses offered as another reason to attract and keep affiliates. The structure of this company raises concerns since it has the appearance of a pyramid or multi-level advertising scheme, with an emphasis on acquiring fresh participants rather than selling legitimate items or services to the broader public.
BFF Crowdfunding: Compensation Plan
Affiliates may participate in BFF Crowdfunding, which is a program that allows them to make an investment in a cycler and guarantees them a return on their money that is four times as large as their initial investment.
This particular program provides investors with the opportunity to choose from three distinct investment levels: $125, $250, and $500. The adoption of a 2×3 matrix cycler is what allows BFF Crowdfunding to deliver on its promise of providing investors with a return of 400%.
Within this matrix, each affiliate has the top spot to themselves, and there are two open positions just below them. The two jobs on the initial level that fall directly beneath the recruiter are filled by the new members who are brought in by the affiliates as they bring in new members.
When those slots at the first level are filled, any more recruits are put on the next level, and this procedure repeats through every level of the matrix. Affiliates are anticipated to receive a return on investment of 400% through the utilization of this particular structure.
Each affiliate in the BFF Crowdfunding network begins at the top of a 2×3 grid, with two places right below them to create the first level of the organization. The first level consisted of two spots, which were subsequently divided into four positions to form the second level. This procedure was repeated to generate eight places for the third level.
Whenever a partner contributes $125, $250, or $500 in BFF Crowdfunding, they are put at the top of one of these 2×3 matrices and given a higher priority ranking. These places in the matrix are filled up as current affiliates, as well as newly recruited affiliates, acquire cycler positions. As the matrix is filled up, the positions will cycle through the levels, and when they do, the promised returns will be paid out.
The claimed ROI of 400% is paid out as follows, in the order in which the eight slots at the bottom of each 2×3 grid are filled in:
| Investment Tier | Payout per 3rd Level Filled | Generates New Position |
| $125 | $62.50 | No |
| $250 | $125 | No |
| $500 | $250 | Yes (Another $500 Tier Position) |
The goal is to either buy in or cycle up to the $500 payment tier, on which there is always a new place provided upon filling a current $500 tier matrix. This may be accomplished by either making a direct investment of $500 or accruing 500 points by cycling.
Referral Commissions
Affiliates of BFF Crowdfunding are eligible for a referral commission whenever one of their own personally recruited affiliates makes an investment.
| Recruited Affiliate’s Investment Tier | Recruiter’s Bonus |
| $125 | $50 |
| $250 | $100 |
| $500 | $200 |
What is the procedure for joining the membership of BFF Crowdfunding?
Affiliate membership in the BFF Crowdfunding platform requires a minimum contribution of either $125, $250, or $500.
Conclusion
The BFF Crowdfunding program gives off the impression of having attributes that are questionable and may be involved in activities that are fraudulent.
Mike Taylor, who was once associated with the marketing of Forsage, is now affiliated with BFF Crowdfunding. Both businesses are considered to be analogous, with BFF Crowdfunding being viewed as an extension of Taylor’s engagement in questionable activities. 
This is despite the fact that both businesses have been called into question. A client may be able to generate a big return on initial investment of even a very modest amount in a very short length of time with the assistance of the program that BFF Crowdfunding promotes, as stated in a video that serves as advertising for the company.
A big cause for concern is the fact that BFF Crowdfunding and Forsage seem and operate in a manner that is fairly like to one another. Forsage had a habit of repeatedly relaunching itself and fell into legal difficulties; the founder of the firm, Lado Okhotnikov, was charged with orchestrating a massive fraudulent Ponzi scheme and received civil misconduct charges from the SEC. Forsage also had a history of restarting itself several times. In addition to this, Forsage was notorious for frequently falling behind on its staff payments.
As of August 2023, the website of BFF Crowdfunding had a substantial amount of traffic, the majority of which was attributable to users from the United States. This would imply that the course is primarily geared toward those living in the United States.
Ponzi schemes, such as BFF Crowdfunding, have a fundamental flaw in that they are dependent on the ongoing recruiting of new members in order to pay returns to previous investors.
This is the main problem of Ponzi schemes. It is inevitable that the rate of recruitment will slow down, and when it happens, the matrices contained inside the cycler may halt, leading to the scheme’s irreversible collapse. This indicates that the vast majority of investors will, in the end, suffer a loss of their financial investment.
The evidence also demonstrates that Ponzi schemes are constructed in a way that maximizes the profits accruing to the scheme’s administrators.
It’s possible that they have loaded positions and be paid a commission whenever a normal affiliate finishes a cycle. Within BFF Crowdfunding, the specific sums that Mike Taylor kept for himself are detailed for each of the platform’s tiers.
Because there is a significant potential for monetary loss associated with using tools such as BFF Crowdfunding, it is critical to proceed with extreme caution if working with such options. It is best to be aware of the dangers involved with Ponzi schemes and to keep clear of them if at all possible, despite the fact that regulatory agencies such as the SEC and the Department of Justice may take measures against such schemes.
In simple terms, Mike Taylor is a person living in Texas who is well-known for his participation in a variety of internet advertising and trading endeavors. His most recent attempt, BFF Crowdfunding, continues a pattern of similar initiatives that he has advocated in the past, such as Gobe Tradehouse, GOBE Copycat, Tradera (which is no longer in operation), and Forsage (a cash-giving Ponzi scam with legal difficulties). These schemes typically promise high returns on investments that are relatively small, but they have been met with a variety of obstacles and scrutiny from legal authorities.
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