The bitcoin multilevel marketing sector is where BizNet College operates. According to a BizNet College Review, the company has been a topic of controversy in the crypto space. On the website of BizNet College, Bob Wood (also known as Robert Wood) is listed as the CEO.
Wood made the switch to cryptocurrencies in 2015 while serving as Global Currency Reserve’s CEO. Built on the GCR shitcoin, Global Currency Reserve, or GCR, was an MLM cryptocurrency mining enterprise. When GCR fell apart in January 2016, it was operating under the name GCR Marketing. Soon after, Nexxus University was promoted as a separate multilevel marketing opportunity.
Nexxus University was an MLM pyramid scam that sold bitcoin courses that were not certified. Membership at Nexxus University also gave access to Nexxus Coin, another doomed cryptocurrency. The MLM opportunity at Nexxus University vanished years ago; however, the website is still operational.
This brings us to BizNet College Review. BizNet College operates in the bitcoin multilevel marketing sector, raising questions about its legitimacy and operations.
Marketing materials for BizNet College imply that it is a relaunch of Nexxus University.
The domain name “biznet.college” for BizNet College’s website was registered on May 30, 2023. The most recent change to the private registration was made on May 26, 2024.
Although BizNet College’s website does not provide a corporate location, according to its Policies & Procedures,
All other issues pertaining to or resulting from the Agreement shall be governed by Texas law.
Residents of the State of Louisiana shall have the right to sue BIZNET in their home forum and in accordance with Louisiana law, notwithstanding the aforementioned and the arbitration clause in this agreement.
To learn more about BizNet College’s multilevel marketing opportunity, continue reading.
Several cryptocurrency courses are offered by BizNet College:
Affiliates of BizNet College register and pay recurring monthly dues.
BizNet College uses a 3×5 matrix to award recruitment commissions.
An affiliate is positioned at the top of a 3×5 grid, with three spots immediately behind them:
The initial level of the matrix consists of these three locations. These positions are divided into an additional three slots each (nine positions) to create the second level of the matrix.
The matrix’s levels three through five are created in the same way, with each subsequent level containing three times as many locations as the one before it.
BizNet College affiliates are recruited both directly and indirectly to fill positions in the matrix.
The following is how recruitment commissions are paid for each post filled:
BizNet College uses a 3×7 matrix to pay residual recruiting commissions.
A 3×7 matrix adds two more levels to a 3×5 matrix (for an explanation of matrix structure, see “Recruitment Commissions” above).
There is a corresponding matrix tier for each BizNet College affiliate membership tier. The amount of money a BizNet College affiliate pays each month determines which levels are enabled.
Only personally recruited affiliates who pay $20 or more per month are allowed to fill out this matrix:
Affiliates of BizNet College are eligible to become “Field Advisory Board Members” if they produce a downline of 5,000 fee-paying affiliates (up to 1700 from a single recruiting leg).
Members of the Field Advisory Board are entitled to 10% of BizNet College’s monthly total income.
Affiliate memberships at BizNet College range from $50 to $180.
from the website of BizNet College;
Personal Dreamboard, Refer-A-Friend System, Dream Tracker, Wealth Builder, Leadership Treasure Chest, and 3×7 Affiliate Team are all included in the enrollment package.
The Regular Enrollment Package and a Comprehensive Library of Leadership and Motivational Audio Books and eBooks are both included in the Premium Enrollment Package.
Always research before investing. Use these tools to verify legitimacy:
WHOIS Lookup: https://whois.domaintools.com
SimilarWeb: https://www.similarweb.com
ScamAdviser: https://www.scamadviser.com
Trustpilot: https://www.trustpilot.com
Reddit Discussions: https://www.reddit.com
“Member-driven co-operative group dedicated to improving the way money and the world works!” is how BizNet College describes itself on its website.
Since BizNet College is just another retail absent pyramid scam from Bob Wood, “member-driven” is crucial in this case.
Although BizNet College affiliates are able to offer the company’s cryptocurrency education courses to individual consumers, BizNet College’s incentive model does not produce any commissions.
BizNet College is a blatant MLM pyramid scam since its reward plan only pays out upon recruiting.
Since at least 2016, Wood has been offering the crypto courses offered by BizNet’s College, or somewhat modified versions of them, via Nexxus University.
The main reason the concept has failed is because paying for crypto classes taught by unknown individuals didn’t make sense in 2016 and still doesn’t make sense in 2025.
Retail crypto is essentially just useful for losing money to crooks. And the only thing that has changed in the last decade is the marketing gimmick that this occurs via.
NFTs, AI, cryptocurrency trading, mining, etc. Memecoin Ponzi factories that openly perpetrate financial fraud under the pretense of unregistered gaming may be summed up as retail cryptocurrency today.
I’ve compiled everything you need to know about retail cryptocurrency for free, so there’s no need to spend hundreds of dollars in monthly fees.
Furthermore, I didn’t like that Nexxus University used the word “university” when it wasn’t
Although I have nothing against individuals learning about cryptocurrencies on their own, an unaccredited “education course” offered by a business that uses the term “university” in its name is very deceptive.
This also applies to BizNet College’s use of the word “college.”
These are purposefully misleading naming techniques. BizNet College is neither a college, nor is Nexxus University a university.
Commissions will eventually stop growing when affiliate recruiting does, as is the case with all multilevel marketing pyramid scams.
Those at the bottom of the pyramid scheme will no longer be required to pay monthly fees as a result. Consequently, people in higher positions will no longer get compensation.
These affiliates ultimately cease paying monthly fees as well, unless new idiots are promptly discovered.
An irrevocable collapse occurs when a sufficient number of BizNet College associates cease making monthly payments.
As of January 2025, BizNet College’s website traffic was too low for SimilarWeb to monitor, having dropped from fewer than a thousand monthly visitors in November 2024.
This is unsustainable for any multilevel marketing organization, thus it’s likely that BizNet College has already failed.
Given Laserv2.online Very low trust score, there is a good chance that the website is a hoax. Use caution when accessing this website!
Our algorithm examined a wide range of variables when it automatically evaluated Laserv2.online , including ownership information, location, popularity, and other elements linked to reviews, phony goods, threats, and phishing. All of the information gathered is used to generate a trust score.
No, BizNet College has been widely criticized for operating as a scam. Many former students and industry experts have raised concerns about its unverified courses and questionable practices.
BizNet College promotes bitcoin and MLM (multi-level marketing) opportunities, claiming to provide certified courses. However, these claims are often unsubstantiated, and the programs lack proper accreditation.
BizNet College is accused of misleading students with false promises of certified courses and lucrative MLM opportunities. Many have reported losing money without receiving the promised education or returns.
Yes, red flags include:
Lack of proper accreditation for their courses.
Overemphasis on recruiting others (a common MLM tactic).
Negative reviews and complaints from former students.
No verifiable success stories or credible testimonials.
If you’ve been scammed, take the following steps:
Report the company to relevant authorities or consumer protection agencies.
Share your experience online to warn others.
Seek legal advice if you’ve suffered significant financial losses.
Title: Biznet.College
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