One of the most awaited questions everyone is looking for is whether Kibho Fake or Real. As we all know Kibho Company is an MLM (Multi-level Marketing) Company that is claiming itself a cryptocurrency firm, however as we did more research about this company we found this company was falsely claiming that it belongs to the crypto industry. Apart from this, the company also claims that Kibho Coin will surge significantly, without any reason.
In this article, you will get a complete knowledge of this Kibho Company and a clear overview of whether Kibho Fake or Real with proof. So, read till the end for better understanding.
Kibho Fake or Real
As per our understanding based on data available on the internet, it was observed that this company is fake. Kibho company claims that its Kibho coin is a cryptocurrency just like Bitcoin, Ethereum, Solana, etc. However, as per the data from Coinpaprika, it was clearly mentioned that Kibho (KBO) is a Binance-based cryptocurrency and the actual price of this KBO is $0. Additionally, the Kibho coin is listed on 0 cryptocurrency exchanges.
One thing that completely makes it look fake is its market cap according to apespace.io Kibho Company’s market cap is $662.94 trillion and only 158 holders own Kibho coin.
Apart from all this information on the internet, the Kibho Company does not have any legal document related to its cryptocurrency support or whitepaper available on its website, making it look real. Additionally, people and investors already doubt MLM companies. However, in 2023 several MLM companies already duped many innocent people, those who were interested in making money in a shorter period.
What is Kibho Coin?
According to the Kibho Company, Kibho Coin is a cryptocurrency just like Bitcoin, Ethereum, and Solana. However, Kibho Coin is a token used by Multi-level Marketing (MLM) to reward the associates working for the Kibho company. If any associates downline any new associate for Kibho company then he/she receives the reward in the form of a Kibho Coin.
The associate receives a Kibho Coin as a reward of 75 kibho Coin for completing a downline by any associate. Additionally, you can’t buy Kibho Coin on cryptocurrency exchanges like Binance, WazirX, Zebpay, CoinSwitch, or even on Coindcx. This is because it is not a cryptocurrency.
How does Kibho Company work?
Kibho Company works on three models, through which they are making money as well as their associates who work for them.
These three models are as follows:
- Referral Mining Income
- Adview Income
- Purchase mining Income and Gift
How to Earn Kibho Coin?
Only the associate of the Kibho Company (MLM) can earn kibho Coin by using three models of income referral mining income, ads view income, and purchase mining income and gift. These are the earning models through which the associates of the kibho company are earning. Make sure this is not a cryptocurrency it is just an MLM token and I hope the answer for Kibho Fake or Real is clear.
Referral Mining Income: Referral mining income is the income that associates earn after when he/she complete the downlining process and new associates join through them. He/she receives 75 kibho coins, and if the new downline associate belongs from some other state then the associates earn 150 Kibho coins.
Ads view income: This is another method of earning income, in this associates have to watch the advertisement. In the earning model once, the associates successfully view complete video ads then the associate earns the kibho coins.
Purchase mining income and gift: This is another model of income that associates follow to earn Kibho Coin. In this, if an associate make joins someone into their downline and creates a chain then they will receive gifts. Additionally, if this downline reaches 66 downline, they will receive a brand new smartphone; if their downline reaches 132, they will earn a gift of a new bike.
These are the earning model of Kibho Coin.
Kibho Company Details
This is a fake cryptocurrency company and it has a fake cryptocurrency which is Kibho coin because it isn’t available on any cryptocurrency exchange also the price of Kibho Coin is decided by the director of Kibho Company.
If we look at the details of Kibho Company,
| Date of Incorporation: | 28/05/2020 |
| Official Website: | www.kibho.in |
| ROC Code: | RoC-Vijayawada |
| Registration Number: | 114616 |
| CIN: | U28999AP2020PTC114616 |
| Country Operation: | India |
Conclusion
The main answer for “Kibho Fake or Real” is yes, kibho coin is not a cryptocurrency it is just a normal token. Which is issued by the Kibho Company and its price is also decided by the Kibho Company. The one thing that makes it completely fake is its market capitalization which is around $662.94 according to apespace.io. Additionally, if you are looking to invest in cryptocurrency then there are several top crypto are there in which you can easily invest don’t get into this Kibho coin it is an MLM token nothing more than that.
Frequently Asked Questions (FAQs)
What is Kibho Price Prediction for 2024?
It isn’t a cryptocurrency and it isn’t available on any cryptocurrency exchange, although its price is decided by the Kibho Company. The answer is the Kibho Company knows what is the real value of its MLM token.
1 Kibho Coin Price
The price of 1 kibho coin is somewhere around Rs. 500.
