EigenCoin Review – Good Lending ICO Business or Big Scam?

Thinking about joining this company?  Do NOT get started before you read this EigenCoin review because I walk you through the company, products and compensation plan so you can make the right decision.

The good news is you are doing your research instead of blindly jumping into something that can burn you later…

All I ask you to do is to pay close attention and read this to the end to make sure it’s something you want to do…

EigenCoin Review – Company

eigencoin review

Most companies that are legit will have a nice detailed “About Me” or “About US” section…

It’s not the case with EigenCoin because they provide no information on who runs the company.

I tried to investigate the domain name “eigencoin.co” and found out it was privately registered on April 4th, 2017…

Sorry that’s all I got for you all…

EigenCoin Reviews – Products

EigenCoin doesn’t offer any retail products or services to the general public, but you can become an affiliate and promote the affiliate membership…

EigenCoin Compensation Plan

There are mainly two ways to get paid inside of EigenCoin.  One is through their investment opportunity the other is by referring people into the company.

Investment

You can invest in EIGC points that will cost you 70 cents to $1.10 each.

These EIGC are lent back to EigenCoin on a promised ROI:

  • Invest up to $1000 and receive a daily ROI plus 0.03% daily bonus
  • Invest $1001 to $5000 and receive a daily ROI plus 0.04% daily bonus
  • Invest $5001 to $20,000 and receive a daily ROI plus 0.05% daily bonus

They don’t specify the ROI, but say “Up to 1%”.

A 100% ROI is paid out over 60 days and you can increase that by investing for longer:

  • Invest for 100 days and receive a 1.1x ROI bonus
  • Invest for 199 days and receive a 1.3x ROI bonus
  • Invest for 299 days and receive a 1.5x ROI bonus

Referral Commissions

EigenCoin pays you through a unilevel compensation plan structure that pays five levels deep.

You get paid on the actual investments of your downline members:

  • Level 1 (Personally sponsored members) – 5%
  • Level 2 – 3%
  • Level 3 – 1%
  • Level 4 – 0.5%
  • Level 5 – 0.2%

There is also a VIP referral commission rate, but they don’t go into any details about it…

Cost To Join EigenCoin

The affiliate membership inside of EigenCoin is free, but if you want to get paid in the investment opportunity, you must put money into EIGC points.

The moment you have been waiting for in this EigenCoin review…

Verdict

This company reminds me exactly like LoanCoin which has the exact same business model and problems as well…

They all sound great on their website telling people what they are doing, but they don’t provide ANY proof of it…

Also, the owners decided to keep themselves anonymous which doesn’t help on the transparency part…

I personally don’t join any business unless I know who is actually running it because I want to know what the vision is behind it…

The problem with this company is their money is made from newly invested funds paying off existing members and have no external income sources…

Unless they can prove me otherwise…

Anyway, I personally don’t recommend this, just too many redflags…

I hope you enjoyed my EigenCoin review and if you have any questions, please leave them in the comments below…

What Should You Do?

I have personally reviewed a ton of companies in the past and there have been some great ones…

However, I decided to partner up with just one because it has excellent products, marketing system and one on one coaching which is essential for new people.

Watch This FREE VIDEO Here

The good news is that it costs less than a cup of coffee to get started and it can truly change your life (as long as you stick with it).

Partner Up With Me Here

You will thank me later 🙂

See you at the top,

EigenCoin

-Jesse Singh

Watch Our Free Video

Discover How We Built a 7 Figure Business Online By Leveraging Proven Systems Step by Step.

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