At present, digital marketing is witnessing rapid growth. The respective advancement is also impacting the Direct Selling Industries and MLM. Several such platforms have entered the MLM sector as the crypto market is making remarkable progress. Kibho cryptocurrency also comes in this category. In this article, we will introduce you to Kibho cryptocurrency and offer details about it for a good understanding.
Kibho Cryptocurrency: An Introduction
Kibho is a platform that is licensed by the Indian government. The official name of Kibho is BMUU and Kibho Technologies Pvt Ltd. The project got a license in India back in 2020’s May. Andhra Pradesh-based Visakhapatnam is the place where Kibho Company is located. The platform is operated by a couple of directors. The names of Kibho’s operators are Nirmala Kilaparthi and Venkatrao Kilaparthi.
The platform introduced its separate crypto token Kibho cryptocurrency. At present, the crypto token is trading in the market at a value of up to INR1621.58. It is widely known that the value of the crypto tokens keeps on changing over time due to their volatility. In addition to this, Kibho also offers digital products including K Wallet as well as Exchange.
Fundamental Details about Kibho Company
|Name of the Company
|BMUU and Kibho Technologies Pvt Ltd
|D.NO. 39-33-99, PLOT NO MIG-287, PHASE-II, MADAVADARA, VUDA COLONY
VISAKHAPATNAM Vishakhapatnam, Andhra Pradesh, Pin code-530018
|VENKAT RAO KILAPARTHI, NIRMALA KILAPARTHI
|Date of Incorporation
It is important to know here that the platform is completely registered within the Indian jurisdiction. People who are interested in getting additional information dealing with the registration of the company can get comprehensive statistics about it via The Ministry of Corporate Affairs (MCA) in India.
Earning Profits from Kibho Cryptocurrency
People interested in earning profits with Kibho cryptocurrency can visit the company’s official website to get registered. Following the registration procedure, you can become a member of the platform. The users need to pay just INR500 for account creation on Kibho. Consumers must disclose their identity. After revealing their identity and becoming active on the platform, the customers can include several people in their group.
Kibho provides an opportunity for its users to earn profits by adding more people to the platform with their references. This is part of a business plan in which a commission is paid to the users for onboarding new customers. Along with this, the firm offers bonus income to the clients as interest when the amount of tokens increases in a user’s account. Kibho cryptocurrencies value keeps moving up and down in line with the overall market sentiment. On registering with the platform, users get 2 Kibho cryptocurrencies. Consumers can convert the earned tokens to INR.
As per the terms and conditions implemented by the company, users need to hold their tokens for up to 100 days. This is necessary to get profit from the platform. This makes it an investment system. After bringing new users to the company, the consumers require holding the commission provided by the firm for the above-mentioned time. If someone opens a savings account on Kibho, some benefits are provided that are different in the case of male and female clients.
Female consumers get one hundred and fifty extra tokens while males get none. If someone brings a new client with his/her direct reference, some commission is provided after the new user’s account activation. The official website of Kibho is www.kibho.in. Interested people can visit it to open their accounts and get new opportunities to enhance their income.
Business Plan of Kibho
Since Kibho operates as an MLM company, the whole business strategy of the platform is founded on MLM. In this respect, the people who intend to make maximum profits with Kibho require joining their downline. Hence, those who remain successful in doing so can get a commission in return. The platform provides the respective commission in the form of its native token Kibho cryptocurrency.
On opening an account on Kibho with INR500, a couple of Kibho cryptocurrencies are provided to the newly coming user irrespective of the user’s gender. Both males and females require holding the tokens for 100 days. In doing this, the platform provides another benefit to the consumers in the form of profit. They get a 1.66% profit from the company for holding the coins.
Referral and Ad View Profits
In the case of the referral income, a person is eligible for this facility when an ID is developed by him or her in Kibho. The Income earned by a person depends on his/her direct referral as well as the level. If someone adds a person to the platform based on direct referral while the newly entering person activates the new account with INR500, he or she can receive some commission.
A person can obtain a commission of nearly twenty-five downline levels. At the 1st level, a person gets thirty Kibho tokens. Following that, when the person refers people to the 2nd level, he or she can obtain 45 tokens. In this way, someone can get profits of up to 25 levels. People can also get income by simply watching the Ad on the platform.
In this case, 2 Kibho tokens can be received by a person who regularly visits the website as well as opens the Ad. As a result of this, a person can easily make 60 Kibho tokens just by watching the company’s Ad for the entire month while following the monthly income plan.
Awards and Rewards
The platform also offers awards and rewards to its consumers. They are based on a person’s level of achievement. Kibho offers income via rewards to enhance the growth of its platform as well as its distributor. If a person successfully activates sixty-six accounts he/she is given “Voucher 1” which contains a smartphone. On the next level, the activation of 132 accounts leads to “Voucher 2” which comprises a bike. Moving on, if 1584 accounts are activated by a person, “Voucher 3” is provided to him or her. It contains a car.
What is Kibho Coin?
Kibho Coin is a cryptocurrency introduced by the BMUU and Kibho Technologies Pvt Ltd, a company licensed by the Indian government. The platform also provides digital products such as K Wallet and Exchange.
Who operates Kibho?
Kibho is operated by two directors, Nirmala Kilaparthi and Venkatrao Kilaparthi.
How can I earn profits from Kibho Coin?
You can earn profits by registering on the company’s official website, becoming a member, and referring more people to join the platform. The firm provides commissions for each new customer you bring on board. Additionally, the firm offers bonus income as interest when the number of tokens in your account increases.
What are the terms for holding Kibho Coins?
As per the company’s terms and conditions, users need to hold their tokens for up to 100 days. This hold period is necessary to earn profits from the platform.
Are there any benefits for females on the Kibho platform?
Yes, female customers receive an additional 150 tokens, a benefit not extended to male customers.
What is Kibho’s business plan?
Kibho operates as an MLM company. Its business strategy is based on encouraging its members to add more people to their downline, and providing commission in the form of Kibho Coins.
How can I earn referral and ad view profits on Kibho?
You can earn referral income when a new ID is created by your direct referral on the platform. The income earned depends on the level of the person you refer. You can also earn income by watching ads on the platform.
Are there any awards or rewards provided by Kibho?
Yes, Kibho offers awards and rewards based on a person’s level of achievement. For example, activating a certain number of accounts can earn you a smartphone, a bike, or even a car.
How can I register with Kibho?
You can register on the company’s official website www.kibho.in to become a member of the platform. The registration fee is INR500.