Mr CryptoCoins Review
Hey Folks – Jason Foster here with my FULL Mr CryptoCoins Review!
Recently, Mr CryptoCoins business has been generating a lot of buzz online, especially on social media.
Probably you have heard about this company and you are wondering whether it is legit or a scam.
Here, we will take a look at the company’s owners, products and compensation plan so that you can judge for yourself whether it is a legitimate company or not.
Let’s start the Mr CryptoCoins review…
So what is Mr CryptoCoins?
After checking the company’s website, I was disappointed to find that it did not reveal enough information regarding the company’s background.
After trying to look for the company’ address and owners, I did not find anything on their website.
In regards to the company’s domain, the website shows that the domain name was privately registered on March 22, 2017 as “mrcryptocoins.com.”
No information on the company’s address, owners or background?
Not very many people would ignore these important details before joining an MLM business.
Anyways, lets us take a look below to see what products they offer…
What about the products?
Most MLM businesses generate revenue through selling products.
When it comes to Mr CryptoCoins, there are no products that they are selling to generate retail profits.
Unlike most MLM companies, there is no retail sales activity associated with Mr CryptoCoins. A red flag?
MLM companies build a good reputation through the products they sell, with most selling nutritional products that improve consumer health.
That is how people get to tell if a business is transparent or not.
However, with Mr CryptoCoins you are left with a big question mark whether their business is honest or not.
Mr CryptoCoins Compensation plan
If you are looking to join Mr CryptoCoins as an affiliate, you are required to invest on bitcoin so that you can earn a 200% ROI that is paid over a period of 80 days.
Mr CryptoCoins has eight different plans that affiliates can choose from. These plans include:
· Mister 1 plan for a cost of 0.05 BTC
· Mister 2 plan for a cost of 0.1 BTC
· Mister 3 plan for a cost of 0.3 BTC
· Mister 4 plan for a cost of 0.5 BTC
· Mister 5 plan for a cost of 1 BTC
· Mister 6 plan for a cost of 2 BTC
· Mister 7 plan for a cost of 4 BTC
· Mister 8 plan for a cost of 5 BTC
In addition to ROI, affiliates will earn residual commissions that are generated based on a binary system.
When you join as an affiliate, you are placed on top of a left and right sided binary structure.
Points that are generated by your left and right side team are added up and a commission is paid based on the plan you bought.
The percentage of commission will vary as follows:
· Mister 1 plan – affiliates will earn 5% commission with an earning cap set at 0.1 BTC a day.
· Mister 2 plan – affiliates will earn 6% commission with an earning cap set at 0.2 BTC a day.
· Mister 3 plan – affiliates will earn 7% commission with an earning cap set at 0.6 BTC a day.
· Mister 4 plan – affiliates will earn 9% commission with an earning cap set at 1 BTC a day.
· Mister 5 plan – affiliates will earn 11% commission with an earning cap set at 2 BTC a day.
· Mister 6 plan – affiliates will earn 13% commission with an earning cap set at 4 BTC a day.
· Mister 7 plan – affiliates will earn 15% commission with an earning cap set at 8 BTC a day.
· Mister 8 plan – affiliates will earn 16%commission with an earning cap set at 10 BTC a day.
Therefore, if you invest in a higher plan you will earn more commissions.
What is the cost of joining Mr CryptoCoins?
If you are looking to join this business as an affiliate, the minimum joining fee that you will require to pay is 0.05 BTC.
However, you can decide to invest the maximum fee of 5 BTC to maximize your earning potential.
So is Mr CryptoCoins a legit or a scam business?
When you check online, you will find mixed reviews of people claiming that this company is a scam and others promising you it is legit.
Most people who think that Mr CryptoCoins is a scam do so because the company has no products which it can generate retail profits for its affiliates.
With this company, you make money based on ROI and residual commission.
So the money you earn comes from new affiliates who you bring to the business.
If you want to keep generating an income, you need to continuously recruit new people in your team.
The problem with MLM businesses like Mr CryptoCoins is that people lose interest quickly after the hype is over.
What does that mean?
It will get harder to recruit new people in the future when the hype is over.
Therefore, if you are not earning retail profits from the products you are selling, you will end up making inferior income that cannot support your lifestyle.
That is the problem with joining Mr CryptoCoins as an affiliate.
Whether it is a scam or a legit business, I cannot say for a fact.
But my verdict is that you exercise caution while dealing with this company so that you avoid any disappointments that might arise in future.
I hope that you have enjoyed my Mr CryptoCoins Review and if you have any questions or comments please leave them below.
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Jason (founder) How To Stay Safe On The Net
Mr CryptoCoins Review