Welcome to our post where we dive into the world of Kibho Coin!
Today, we’ll be exploring various aspects of Kibho company and its value in India. We’ll discuss Kibho coin price predictions and how you can get started by logging in to the Kibho app and completing the
registration process.
Additionally, we’ll address the burning question on everyone’s mind: is the Kibho coin fake or real? But before we delve into all that, let’s take a closer look at the fascinating details of the Kibho company.
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What is Kibho Coin?
Kibho is a cryptocurrency-based network marketing concept, registered as Bmmu and Kibho Technologies Pvt Ltd in India. The company’s head office is located in Visakhapatnam, and it is registered under MCA. The company was founded on May 28, 2020, by KM Venkatrao and Nirmala Kilaparthy.
Apart from Kibho Coin, the company claims to have other online products like K Xchange and Wallet, and it aims to bring platforms like Kids Talent, K-Dish DTH, and K My Needz. The company conducts its entire business through Kibho Coin, whose value keeps on increasing and decreasing.
Kibho Coin’s Official website kibho.in has around 3.2 million monthly traffic and almost all traffic comes from India.
The Kibho Coin Price is estimated at $37.50 as on May 2023.
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How to Join Kibho?
Joining Kibho is easy. You need to register by visiting the company’s website and provide your name, address, contact number, and some additional information. You can also contact an existing associate of Kibho for more information.
After joining Kibho, you need to become an associate to earn money from the company’s business plan and other benefits.
To become an associate, you need to take Kibho Coins worth Rs 500 from the company. Kibho Coin can be bought from their K-Wallet or Trust Wallet.
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Kibho Coin Income Plan
Kibho provides four types of income to its distributors, which are:
1. Ad View Income
This is the first type of income given by the company. To get this income, you have to watch advertisements. According to this income, two ads are shown daily, and on viewing each ad, you receive 2 Kibho Coins (Stakeble).
2. Referral Earning Income
The second type of income of the company is referral income. According to this income, the company provides you with some Kibho Coins for bringing a new person to the downline.
| Downline | Inter District Referral | Other District Referral | Other State Referral |
| Level 1 | 30 Coin | 45 Coin | 60 Coin |
| Level 2 | 15 Coin | 22.5 Coin | 30 Coin |
| Level 3 | 15 Coin | 22.5 Coin | 30 Coin |
| Level 4 | 12 Coin | 18 Coin | 24 Coin |
| Level 5 | 8 Coin | 12 Coin | 16 Coin |
| Level 6 to 25 | 5 Coin | 7.5 Coin | 10 Coin |
3. Purchase Minting Income
If you buy any item from Kibho Mart, you are given a maximum discount of 20 percent, and 20 percent cashback will be given in the form of Kibho Coin.
Under the income called Gift, if you make 66 associates in the direct downline, you get a smartphone, and if you make a total of 132 associates with the direct downline, you get a bike.
Similarly, in Level 1 and Level 2, there are 1584 associates in total. On completing this requirement the following rewards are given by the company.
| Direct Downline | Reward |
|---|---|
| 66 | Smart Phone |
| 132 | Bike |
| 1584 | Car |
4. Additional Bonus
Under this income, as soon as you make 25 direct downlines, the company gives you 800 Kibho Coins as a bonus. Similarly, as soon as your downline reaches the 25th level, the company rewards 800 Kibho coins as a bonus.
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Kibho Coin Review
Upon Checking it is founded that the Kibho Coin site has several red flags that suggest it may not be a legitimate company. Let’s review every aspect of the Kibho Coin.
Poorly Designed Website
When evaluating Kibho, it is important to note that the company’s website is poorly created, which raises concerns about its professionalism and legitimacy. Additionally, the certificates and proofs displayed in their app are fake, indicating a lack of transparency and credibility
No Active Social Accounts
Furthermore, the absence of active social media accounts is a red flag.
Legitimate technology companies usually maintain an active online presence to engage with their customers and build trust. The lack of social media activity raises suspicions about the authenticity and intentions of Kibho.
Lucrative Plan
Another cause for concern is the overly lucrative plan offered by Kibho Coin. Fraudsters often employ this common trick to lure unsuspecting individuals into their schemes. It is crucial to exercise caution when encountering such offers, as they are typically designed to trap and exploit others for personal gain.
Overall, it is important for users to thoroughly research any investment opportunity before committing to their funds. If there are concerns about the legitimacy of a company or its product, it is generally best to keep caution and avoid investing.
Low Coin Value
While Kibho is increasing the demand for its coins through its MLM plan, it lacks value, and there is no specific project or technology to back it up. Kibho’s wallet K-Wallet is also very basic and lacks special features.
Money Circulation Plan
Kibho’s money-circulation plan means that all the money is held by the company, and users cannot take payouts, which could result in losses for investors.
With only 1.66% of the total coins available for withdrawal, users cannot withdraw their money, making the investment risky.
Company Hold Major Commission
One more major issue with Kibho is that the company holds all the commission, and users are unable to withdraw their earnings. Only 1.66% of the total coins can be withdrawn, which restricts users from accessing their money. This means that users cannot retrieve their funds if the value of Kibho Coin decreases or if the company shuts down, resulting in potential losses for investors.
The company retains full control over users’ earnings raising concerns about transparency and the potential for financial loss.
Lack of Real Investors
Furthermore, the lack of outside investors in Kibho Coin and the absence of notable technological advancements diminish the value and credibility of the company.
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Is Kibho Coin Real or Fake?
When considering whether to join Kibho or not, it is crucial to take into account several important factors. Firstly, the lack of external investors greatly diminishes the value of Kibho Coin. With minimal interest from real investors, your investment is likely to remain stagnant and locked in stake for an extended period of time.
Furthermore, the MLM (Multi-Level Marketing) plan employed by Kibho raises concerns and bears a resemblance to a Ponzi scheme. Such schemes heavily rely on continuous recruitment to sustain the financial structure, which may not be sustainable in the long run.
Considering these factors, it is strongly advised to refrain from associating yourself with Kibho. By doing so, you can protect your hard-earned money and valuable time from potential risks and uncertainties.
FAQs
What is the current price of Kibho Coin?
As of May 2023, the approximate price of Kibho Coin is around $37.50. However, please note that cryptocurrency prices are highly volatile and can fluctuate rapidly.
What is the price of Kibho Coin in India?
The price of Kibho Coin in India is around 3050 Rs on 15 May 2023.
Is Kibho Coin real or fake?
Kibho Coin is a legitimate cryptocurrency created by Kibho Technologies Pvt Ltd. However, it is crucial to assess the credibility and viability of any cryptocurrency before making investment decisions. Consider the factors written above in the review part of this post.
Should I buy Kibho Coin?
The decision to invest in Kibho Coin or any other cryptocurrency should be based on careful consideration of your financial goals, risk tolerance, and thorough research. However, based on the above review by even insight team, it is advised not to invest in Kibho Coin.