Kibho Cryptocurrency - An Overview
At present, digital marketing is witnessing rapid growth, and this advancement is affecting the direct selling and MLM industries as well. Several digital platforms have entered the MLM space while the crypto market makes noticeable progress. Kibho cryptocurrency is among these new entrants. This article introduces Kibho and provides clear details to help you understand the platform and how it works.
Introduction to Kibho
Kibho is a platform registered in India. Its official company name is BMUU and Kibho Technologies Pvt Ltd. The company was granted its licence in May 2020 and is based in Visakhapatnam, Andhra Pradesh. The platform is run by two directors, Mr Venkat Rao Kilaparthi and Mrs Nirmala Kilaparthi.
Kibho has issued its own crypto token, commonly referred to as the Kibho cryptocurrency. At the time of writing, the token was trading around INR 862.08. As with other cryptocurrencies, the token's value is volatile and may change over time. Kibho also offers digital products such as the K Wallet and an Exchange.
Fundamental Details about Kibho Company
| Detail | Information |
|---|---|
| Company Name | BMUU and Kibho Technologies Pvt Ltd |
| Registered Address | D.NO. 39-33-99, PLOT NO MIG-287, PHASE-II, MADAVADARA, VUDA COLONY, VISAKHAPATNAM, Andhra Pradesh - 530018 |
| Country | India |
| Directors | Venkat Rao Kilaparthi, Nirmala Kilaparthi |
| CIN | U28999AP2020PTC114616 |
| Date of Incorporation | 28/05/2020 |
| Official Website | www.kibho.in |
| ROC Code | RoC-Vijayawada |
| Registration Number | 114616 |
The platform is registered under Indian jurisdiction. Those seeking further details about the company's registration can consult the Ministry of Corporate Affairs (MCA) website for comprehensive records.
How to Register and Start Earning
- Visit the official website: www.kibho.in.
- Complete the registration process and verify your identity.
- Pay the registration fee of INR 500 to open an account.
- On registration, users receive 2 Kibho tokens credited to their account.
Earning opportunities on Kibho include:
- Referral commissions for bringing new users.
- Bonus income as interest when token holdings increase.
- Rewards for watching advertisements on the platform.
Key Terms and Conditions
- Token holding period: Users are required to hold their tokens for up to 100 days to be eligible for profit payouts. This condition makes the scheme operate partially as an investment mechanism.
- Interest on holdings: Kibho offers a holding profit, reported at approximately 1.66% for users who keep their tokens for the prescribed period.
- Gender benefit: Female users receive 150 additional tokens as a special benefit; male users do not receive this bonus.
- Token-to-INR conversion: Earned tokens can be converted to Indian Rupees through the platform as per its conversion policies.
Business Plan and MLM Structure
Kibho follows a multi-level marketing (MLM) business model. The main features are:
- Earnings depend on adding members to your downline.
- Commissions are paid in Kibho tokens.
- New users who register with INR 500 receive token credits and must hold them for 100 days to gain holding profits.
Referral and Ad-View Income
- Referral income becomes payable when the referred person creates an ID and activates the account with INR 500.
- Commissions are available up to 25 downline levels.
Example of level rewards (sample):
- Level 1: 30 Kibho tokens
- Level 2: 45 Kibho tokens
- Rewards continue across subsequent levels up to level 25.
Ad-view income: Users who regularly visit the website and open ads can earn 2 Kibho tokens per ad-viewing activity. Following the monthly plan, a person may earn up to 60 Kibho tokens by viewing ads during the month.
Awards and Rewards
Kibho also runs incentive schemes based on achievement levels to encourage platform growth and distributor activity:
- Voucher 1: Activate 66 accounts - reward includes a smartphone.
- Voucher 2: Activate 132 accounts - reward includes a bike.
- Voucher 3: Activate 1,584 accounts - reward includes a car.
| Partner | Website |
|---|---|
| Forest Arrow | https://forestarrow-game.in/ |
| Inout Games | inout.games |
Page contents
Kibho Casino: Frequently Asked Questions
What is Kibho Coin?
Kibho Coin is the native cryptocurrency of BMUU and Kibho Technologies Pvt Ltd. The platform also provides digital products such as K Wallet and an Exchange.
Who operates Kibho?
The company is operated by two directors: Nirmala Kilaparthi and Venkatrao Kilaparthi.
How can I earn profits from Kibho Coin?
Earnings come from registering on the platform, referring new members, receiving interest on held tokens, and viewing ads.
Are there any benefits for female users?
Yes. Female customers receive an additional 150 tokens as a platform benefit.
What are the terms for holding Kibho Coins?
Users are required to hold tokens for up to 100 days to be eligible for profit distributions.
What is Kibho's business plan?
Kibho uses an MLM structure that rewards members for building their downline and for token holdings.
How can I earn referral and ad-view profits?
Referral profits are earned when referred users activate their accounts with INR 500; ad-view profits are earned by opening and viewing platform ads.
Are there awards or rewards?
Yes. The platform provides rewards such as smartphones, bikes and cars for reaching specified activation targets.
How do I register with Kibho?
Register on www.kibho.in and pay the registration fee of INR 500 to become a member.