LoanCoin Review – Lending ICO Up To 135% ROI or Big Scam?
Are you thinking about joining this business opportunity? Do NOT join before you read this LoanCoin review because I walk you through the company, products and compensation plan.
Now, you landed here because someone on social media or in person asked you to join this company and told you it’s legit.
The truth is…
Not many of these types of companies are legit out there and I am glad you are doing your research.
So many people don’t and later on get burned, but that’s not going to be you…
Keep reading and pay close attention so you can make the right decision.
LoanCoin Review – Company
Not much is known about Loan Coin and even their website doesn’t mention who runs the company.
I checked out their website domain information on “loancoin.com” and found out it was privately registered on November 22nd, 2017…
But that’s it…
Weird how they are keeping themselves secret, but let’s keep digging inside of this LoanCoin review…
LoanCoin Reviews – Products
As of right now they are in their ICO phase and are having people invest money into them…
You pretty much invest into their ICO and they give you back an ROI…
I will get into that soon, but right now there are no retail products or services.
However, you can promote the affiliate membership…
LoanCoin Compensation Plan
You can get paid TWO ways inside of this company…
First, you can invest in their LOAN points and get a return on your investment…
The other is to refer people into the program for affiliate commissions.
Once you become an affiliate, you can invest in LOAN points which cost 55 cents to $1.05 each.
Then you lend the LOAN points back to the company and give you a 90 day ROI:
- Invest $100 to $1000 and receive a 105% ROI
- Invest $1010 to $5000 and receive a 115% ROI
- Invest $5010 to $10,000 and receive a 125% ROI
- Invest $10,010 to $50,000 and receive a 135% ROI
Loan Coin pays you referral commissions when you sponsor people into your business who invest.
LoanCoin pays you through a unilevel compensation plan structure and pays you for investment and lending.
Investment Referral Commissions
- Level 1 (Personally sponsored members) – 4%
- Level 2 – 3%
- Level 3 – 2%
- Level 4 and 5 – 0.5%
Lending Referral Commissions
- Level 1 (Personally sponsored members) – 5%
- Level 2 – 3%
- Level 3 – 2%
- Level 4 and 5 – 1%
All lending commissions are paid through LOAN points…
Cost To Join LoanCoin
The actual affiliate membership inside of LoanCoin is free, but if you want to make money with the company, you must invest at least $100.
The moment you have been waiting for inside of this LoanCoin review…
LoanCoin reminds me exactly of a company I just reviewed called LibraCoin.
You have to invest REAL money and put it into something that is useless outside of the company.
Not to mention the owner(s) of the company decided to keep themselves anonymous that doesn’t look good on them…
If their company is that great, why don’t they show themselves?
Right now they have no proof of external income sources to product those crazy ROI’s…
The truth is newly invested funds are paying off existing members which will be okay for a few months until recruitment slows down.
Once that happens, the company will no longer be able to pay those ROI’s on time and it will go under.
Because the owner(s) of the company are anonymous, they have nothing to lose when it goes under…
You see the problem here?
Anyway I personally don’t recommend any company that isn’t transparent…
I hope you enjoyed my LoanCoin review and if you have any questions, please leave them in the comments below…
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