Minerworld is a Brazilian multilevel marketing company that claims to have some type of cryptocurrency mining operation. Find out how the company claims to make you rich today in our Minerworld review.
What Is Minerworld?
Minerworld is a Portuguese-language website that describes itself as a “digital revolution.” The website claims to offer some type of cryptocurrency mining services. You pay money to sign up for the company, then earn money through cryptocurrency mining.
That sounds great! Unfortunately, however, Minerworld doesn’t appear to have a mining pool (at least, no mining pool we could find). Instead, it seems to be some type of multilevel marketing company catered towards the Brazilian market.
Meanwhile, Brazilian news websites have called Minerworld a Ponzi scheme, and other reports online claim the company is a complete scam.
The official Minerworld.br website claims that the company is active in 50+ countries worldwide. It also claims to have a network of 70,000 miners.
Minerworld isn’t actually based in Brazil: it’s based in Ciudad del Este, Paraguay, although it does claim to maintain offices in Brazil and other countries. The mining operations, meanwhile, are purportedly based in China.
By 2020, according to the Minerworld.br website, the company hopes to be one of the world’s largest digital currency companies.
Who’s Behind Minerworld?
Minerworld is led by Cicero Saad (President), who has a background in advertising and tax law. The only other listed member of the company is Jonhnes Carvalho (Marketing Director), who seems to have a background in marketing and advertising.
Aside from this basic information, we can’t find much info online about Minerworld or the people running the company. The company vaguely mentions offices in Paraguay, Brazil, and China.
Minerworld Products And Services
We can’t find any products or services offered by the company. The company’s official website has both a “Products” page and a “Services” page. However, neither page lists any specific information about any exact products or services – they’re both just general information pages about cryptocurrencies and MLM companies. The pages vaguely mention “mining”, for example, without listing specific details about Minerworld’s mining operation.
Ultimately, the only “product” seems to be a Minerworld membership. The website has a signup page where you can create an account. You pay a fee to create an account. Then, the only way to recapture your initial investment is to recruit other people into the company.
It’s unclear if there are any actual mining operations maintained by the company. Typically, a mining company will give some information about its operations -like its hashrate, or the general location of its mining centers. Minerworld gives us nothing to suggest its mining operations are legitimate.
Minerworld has a number of different plans available, ranging from $15 to $10,000. You can sign up as a Brazilian individual, a Brazilian company, or as an international user. Here’s how pricing breaks down:
- Partner: $15 USD
- Partner + Entry: $30
- Partner + Starter: $155
- Partner + Basic: $310
- Partner + Professional: $620
- Partner + Enterprise: $1250
- Partner + Ultimate: $2500
- Partner + Prime: $5,000
- Partner + Investor: $10,000
It’s unclear how these memberships differ from one another. There’s no information listed on the signup page – so it’s unclear why someone would sign up for the $10,000 plan instead of the $15 plan. However, with other multilevel marketing companies, the more you spend, the more earning opportunities you have.
Minerworld is a multilevel marketing company catered towards the Brazilian market. The company claims to have some type of mining operation in place. However, we can’t find any information about the company’s products or services, nor can we find any evidence of its mining pool.
Instead, the company seems mostly focused on encouraging users to sign up. You’ll need to pay a fee to join the company – ranging from $15 to $10,000. It’s unclear how these plans are different, or why you should pay any money to join the company.
Ultimately, there’s very little information about Minerworld available online at the official website or online through other sources. It’s unclear if Minerworld is a scam, a legitimate multilevel marketing company, or a good investment opportunity. However, even if Minerworld is a legitimate MLM, the vast majority of users (typically, over 98%) will lose money through any MLM.
We believe, however, that Minerworld is a scam. Brazilian websites like TenhoDividas.com have labeled the website as a Ponzi scheme – and they know more about the Brazilian cryptocurrency market than we do.