Why are we doing a review on Waszupp Crowdfunding, a dead and broken site? Surprisingly, people are still searching for this online and we thought it would be fun to do a review as if this was still a thing.

Waszupp Crowdfunding, an MLM in sheep’s clothing.

In the age of social networking and cryptocurrency, everyone is looking for an opportunity to make easy, quick money online. You might have come across a company called Waszupp Crowdfundingalso known as Waszupp Global. Waszupp’s 3×8 matrix compensation cycle promises big returns to members. 

Waszupp Crowdfunding or Waszupp Global is a platform also dedicated to “the Art of Noble Giving”. With this platform, charity is tied into making money for yourself. It sounds like the best of both worlds, doesn’t it? However, before you go seek quick money here, we are going to take a closer look at Waszupp Crowdfunding’s big promises. 

The Barebones of Waszupp Crowdfunding

Waszupp Crowdfunding is a social network marketing company with a crowdfunding program. Founder and CEO Ash H. Sahib is cited to be a veteran Network and Marketing leader and entrepreneur. He saw a way for crowdfunding to be used as a charity model and a creation tool. 

What came of this was his vision to raise $1 billion in charitable gifts while also raising people out of debt and poverty. Waszupp Crowdfunding uses an automated platform to allow participants to give and receive simultaneously (sounds a lot like what Crowdfunding Bum was already doing). Ideally, every participant has equal opportunity to get the funding they need for their personal projects. Meanwhile, they are also making a charitable donation.

How to Join Wazupp Crowdfunding

To join you first need a sponsor. I searched online for a sponsor ID and while it did recognized the ID as active on the website it didn’t registered the sponsor. In fact, it did nothing, as I stated earlier broken site.

Accordingly, all you need to do is to pay their one time, life payment of $35. After that, there are no more payments that will be taken out of your pocket. Immediately, Waszupp boldly claims that they will change your financial future. This is what we found online because most of their explanation videos don’t function. 

How Does Their Compensation Plan Work?

You will have to pay a $35 membership fee up front. $10 goes towards operation costs, 25% goes to a charity fund, and $25 goes to the person who invited you to participate. Then, you have to recruit three other people to join Waszupp to gain a $25 commission. 

This enrolls you into Waszupp Crowdfunding’s 3×8 Forced graduated step-up matrix. It can get a little confusing, but stick with us here:

  1. When you invite three friends to join Waszupp, you get a total of $75. This completes Level 1. 
  2. The automated platform will open up Level 2 for $50 which is deducted from the $75 you just received. 
  3. At Level 2, you can receive nine gifts of $50, which totals to $450. 
  4. From here, Level 3 is automatically activated and $100 is deducted from your $450. 
  5. At Level 3, you can receive 27 gifts of $100 from users completing level 2. This results in a gift of $2700. Again, the system will activate your Level 4 and deduct $700. 
  6. At Level 4, you are eligible to receive 81 gifts of $700 of people on Level 3. The total becomes $56,700.
  7. The levels continue up to 5 where you can generate a commission of $1,215,000. 
  8. There are levels 6, 7, and 8 that generate and undisclosed commission. 

There is no explanation why 6-8 are undisclosed, except that the commission amount is unimaginably large. Take that as you will. 

Pros

  • There are no products you need to handle or distribute. 
  • No monthly fees or quotas to meet to maintain membership. 
  • There is no need to deliver redundant sales pitches to family and friends. 

Cons

  • Quite a few users perceived this crowdfunding platform as a Ponzi matrix cycler or a pyramid scheme. 
  • The platform or website is underdeveloped. For example, their events section is only a set of templates for event listings and other tabs are still “coming soon”. This review was written in February 2019 so soon never materialized.
  • There is no assistance or step-by-step training for creating a successful crowdfunding campaign. 
  • There are no affiliate or free website links. 
  • Overall, it is not well received or validated. 
  • The website is seemingly abandoned.

CrowdfundingBum: A More Reliable Option

At CrowdfundingBum, they present a much clearer and reliable “giving first funding model”. CrowdfundingBum and Waszupp Crowdfunding share similar visions. Both were created by gentlemen with bright aspirations to constantly cultivate abundance through a cycle of giving. 

Similar to Waszupp, CrowdfundingBum takes a portion of all funds and donates it to another campaign or project of choice. Specifically, CrowdfundingBum charges an 8% fee. 5% is the platform fee which is temporarily waived, while the remaining 3% is donated to another campaign. As opposed to Waszupp, you get to know which campaign or project receives the donation. 

However, what makes CrowdfundingBum stand out is that it also focuses on improving your personal crowdfunding campaign. It does not just focus on gathering money. In minutes, you can customize your own campaign page that are also mobile-friendly. You have the ability to set up your goals and deadlines as you like and every donation you receive you can keep. 

There are also built in backers. These are new members who are prompted to select an existing campaigner to donate their 3% of all funds raised. This makes members both a donor and recipient. Moreover, they offer expert writers to help entrepreneurs craft their campaign pitches. Because it is built on a community that constantly gives back to one another, you can be reassured that you will be backed and supported on this platform. Everyone and every project is welcome. 

Conclusion

Waszupp Crowdfunding definitely painted a rosy picture. I mean, who does not want to just sit back and watch their money multiply upon itself. However, the website seems abandoned and there is always a little suspicion to be had when it comes to pyramid selling or Ponzi-esque schemes. No one has yet to completely validate Waszupp or discredit it, either. So, proceed with caution.

At CrowdfundingBum, there is transparency. You know where your donation money is going. Also, you know that your backers are within a familiar community. You have tools at your disposal to improve your crowdfunding campaign. It is a very active and open community, where you can build your campaign confidently.

Final thoughts.

We hope you stick around a while to find out more about all that Crowdfunding Bum has to offer. You will find ample reasons to choose us as your funding source.

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