Hello and thanks for reading my ICoin Market Review
I’m guessing you’re here because you want to make money online, Right?
ICoin Market is an opportunity that’s popular online, with affiliates promoting it through social media.
Have you already been approached by an ICoin Market affiliate and you now want to check whether the company is legit or a big nasty scam of some sort?
Then sit back and enjoy this review of ICoin Market!
In this review, I’ll be taking in an in-depth look at the company, checking out their product range and seeing what the compensation plan looks like.
Can you really make money investing in ICoin Market or are you going to end up losing your money?
Let’s find out.
ICoin Market Review – What can you tell me about the Company?
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First I checked the domain registrar and found that ICoinMarket.com was first registered on May 3rd 2013.
The domain was then re-registered on May 8th 2017, which suggests that some new owners have picked it up.
I conducted some more research, and quickly found the owner to be Nick Johnson.
Johnson isn’t new to the world of MLM. He was the man behind a Ponzi scheme called Click Intensity, which launched early last year (2016). Click Intensity started to collapse early this year (2017)
So what did Johnson do? He launched another company. This time called Ads Cash Coin. This in turn is starting to nosedive.
Which brings us quickly to the present day and iCoin Market.
Is this new scheme any better? Let’s move on …
ICoin Market Review – What does the Product Line-up look like?
There is absolutely no product range for ICoin Market. This is another company that only has the affiliate membership itself to sell as the product.
A legit MLM company should always offer products and services for affiliates to market and sell.
Let’s move on quick …
ICoin Market Review – How does the Compensation Plan Look?
If you were to join ICoin Market as an affiliate, you’d be a asked to invest funds for a promised ROI.
These are the plans on offer: –
- Aggressive – receive 60% of profits generated after 3 months
- Distributed – receive 40% of profits generated after 6 months
- Safe – receive 30% of profits generated after 12 months
- Stable – receive 20% of profits generated after 18 months
- Fixed – receive 10% of profits generated after 24 months
A point to note here is that here is that half of the ROI is paid out in Bitcoin, and the other half in Ads Cash Coin.
There are also referral commissions available which are tracked via a 3 level unilevel structure. You will be paid a percentage when you get affiliates to join up and invest.
These are the percentages on offer:-
- Level 1 (personally recruited affiliates) – 10% (must invest at least $100 to qualify)
- Level 2 – 3% (must invest at least $1000 to qualify)
- Level 3 – 2% (must invest at least $10,000 to qualify)
How much is it to join ICoin Market?
To get started with ICoin Market as an affiliate, membership free.
To earn the referral commissions shown above, you will have to pay a minimum investment of $1000.
To participate in the whole opportunity will cost you at least $10,000.
Should you invest in ICoin Market or is it a scam?
If you’re like me, then you’ve probably come across numerous reviews that like to say something is a scam just so they can sell you their thing.
I don’t run my business like that. If I like a product and think someone can build an online business around it, then that’s that I tell my readers.
Read on for my full conclusion for ICoin Market
ICoin Market Conclusion
This is obviously a Ponzi scheme…
ICoin Market would like you to believe they are a cryptocurrency platform, but the evidence is not there.
Then we have the fact that this is Nick Johnson’s third company in little over 18 months with the two previous ones either collapsed or about to collapse. I’ll let you decide if you think this could be any better!
If you are serious about building a home based business, there are better opportunities out there.
Sign up in the box to the right to let me show you how and save you years of frustration.
Well, I hope you found this iCoin Market Review interesting, and as always, if you have any questions, please leave them in the comments section below.
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