• Unclassified

What kind of crowdfunding platform is Crowd1?

1 Answer, 0 Replies
Brian Christie
November 3,
Brian Christie  replied:

Crowd1 has nothing in common with crowdfunding except for the word "crowd."  Crowd1 presents itself as a high-tech crowd marketing business but they offer a range of dubious products while promising significant returns to its “members.” It has super slick videos and deploys viral marketing packages and they promote themselves with a Yoda-inspired slogan, "impossible is nothing."

Crowd1 is a classic pyramid scheme that has made a fortune for a handful of European scammers (including Renze Deelstra, Johan Von Holstein and Jonas Werner) but it has left a trail of debt and poverty in countries across the developing world and especially in the African countries of South Africa, Kenya and Nigeria. To learn about the ugly deception under the shiny surface of Crowd1, watch the BBC expose by BBC documentary by journalist Ayanda Charlie:  https://www.youtube.com/watch?v=M0EjjArvzXA If you don’t have time to watch the full video, you can read about it here: https://gadgets-africa.com/2020/11/02/crowd1-pyramid-scheme-collapses 

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