If there’s one thing to note about cryptocurrencies is they are very trendy and getting lots of buzz.
They can provide a great value if you mine and use them properly. Because OneCoin has only been around since 2014 I am going to walk you through the entire company and business opportunity.
Multi-Level Marketing is certainly not for everyone and this cryptocurrency is a niche that hasn’t been around long. So it’s important you do your homework before joining.
OneCoin is certainly in a momentum phase. Could this really be a great option for potential investors and business builders?
Well OneCoin has recently announced that 320 millionaires in commission have been created since it’s inception. Monthly sales are also between $350 – $400 million per month.
These certainly are very impressive numbers.
Cryptocurrencies have certainly made a selected few very wealthy. The question you’re probably asking can it do the same for you?
The company was founded by Dr. Ruja Ignatova who launched the company in July 2014. The site is more than 2 years old.
There website “www.onecoin.eu” is hosted out of Bulgaria with headquarters in Europe operating worldwide. Their core market can be found in South East Asia, Europe, India and Africa with major expansion plans.
When OneCoin started a “Nigel Allan” was President but was terminated for unknown reasons.
Here is a legal letter that went out to all OneCoin affiliates:
Shortly Dr. Rujas sent out this follow up letter:
Nobody really knows what went down but there have been lots of rumors.
Recent interview with OneCoin creator Dr. Ruja Ignatova:
OneCoin Product is derived from “OneAcademy Online Education” program with different levels you can choose from. You have the ability to invest in tokens that can be acquired via trader packages and there are 5 packages to choose from.
The price differs and it goes from 100 euros to 5000 euros for the Tycoon trader package.
Here are the five packages that OneCoin offers:
They also have the “activation kit” price option of 30 euros. This will maintain a specific position in the company not to mention that you also receive a free eBook which is a nice addition.
If you want to try out the OneCoin service they do offer a “Rookie Price” which is actually free of charge.
The rookie price will give you information on OneCoin and the product. They will also send you “Think and Grow Rich” as an added bonus. You also have the option of getting on their newsletter.
It’s possible these free bonuses have helped OneCoin see this massive growth trend over the past year.
OneCoin Two Year Goal
The site states that they have mined around 847 million OneCoins and their target in the next 2 years is 10 million people and 1 million merchants.
That is MASSIVE!
Ok, lets take a look at how this compensation plan works and how some of the people involved are making “millions” per month lol
Does that sound crazy or what?
OneCoin Compensation Plan
Like any MLM company OneCoin pays on multiple levels.
The compensation plan is pretty easy to understand. Their website also has lots of videos and tutorials.
The bonus plan does seems to be a very profitable if you know how to market and can build a team that duplicates.
Like any MLM company. If you want those big bonuses they are usually not easy to get!
Obviously, the ability to access a coin mining service is a very good one and unlike other similar systems on the market this one seems to be working well.
Their approach seems professional and certainly unique.
People that want to use OneCoin will definitely be enticed by the compensation video and you should be because they do promise quite a lot.
Watch video it really explains the compensation plan in full detail.
NOTE: I do not endorse this video and is for educational purposes only.
OneCoin eu – No Guarantee
Obviously, this company is in a massive momentum phase but I can’t promise that you will join and make millions. I have seen other companies have similar growth only to crash and burn sooner rather than later.
Like any other Multi-Level Marketing companies it really is up to you. The approach in OneCoin is no different. You have to build big team and maintain.
OneCoin does make coin mining simpler and it does tend to deliver quite a lot on its promise. But, as we mentioned earlier it does require you to work very hard in order to fulfill your goals.
It’s not a simple process for sure, but it’s an interesting one.
OneCoin – 80% Return On Investment
The company claims that you can get an 80x return on the initial investment in around a year. I have seen other companies claim such returns on money and most of them went out of business.
We are all familiar with HYPE companies that promise you 1.5% – 4% per day. Most of those were shut down. The ones that still exist seem to be more of an underground movement.
We call these “churn and burn”. They move from company to company trying to grab some momentum money then jump to the next flavor of the month.
If you like fast money and like risk this may be for you. All things being equal there are no guarantees.
The approach that they have here is unique, refined and certainly different. It’s quite remarkable how much some of the distributors are earning.
I’ve been around the industry since 2002 and I can’t remember a distributor in any company earning $4 million dollars per month. That’s more money than most actors and professional athletes are making.
Juha Parhiala, OneCoin’s number one distributor, is also living in Thailand. Could you imagine what kind of a lifestyle he has in a third world country making that kind of income?
Also, 7 of the top 25 income earners in the entire network marketing industry are with OneCoin.
These are the top 25 distributors in network marketing:
That is just insane!
OneCoin – Scam Or Not?
I wouldn’t call OneCoin a scam. However many people would definitely disagree.
OneCoin pays their affiliates on time. They don’t seem to be hiding anything.
However, this is a new company and many people could be riding the “hype” train.
With these type of numbers I’m sure the regulators are picking OneCoin apart so for their sake I hope they are 100% legit and not doing anything shady behind closed doors.
It’s very common for the FTC or other regulatory branches to shut down companies they deem as some sort of Ponzi or scam.
It’s hard to stay under the radar when a company is seeing such growth. With so many rules and regulations in the MLM world nothing is a guarantee.
There are 40 year old MLM companies that the authorities are still trying take down calling them a Ponzi schemes and the like.
For that reason I’m out.
There are hundreds of legit opportunities out there that can make you good money.
These crypto-currencies just seem a bit on the shady side. When I see people earning $4 million dollars a month in a two year old company it certainly throws up some red flags.
Should you use OneCoin? It all comes down to how open you are to the idea of virtual currency. People are making a lot of money but how long will it last?
Overall, I’m not telling you not to invest your money in OneCoin. I’m just saying there are lots of companies and ways to make money without so much uncertainty.
If you choose to join OneCoin wish you lots of luck! If you are already in OneCoin, please share your experience below in the comments section.
Hope my OneCoin review helped answer some or all of your questions. Make sure to subscribe below and get my special tips and strategies I only share with my subscribers!
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