AlpCoin Review – Good Opportunity Or Big Scam?

AlpCoin ReviewHas someone tried to pitch you the AlpCoin opportunity lately?

AlpCoin is a really popular and new opportunity that is making it’s rounds on social media among network marketers.

Now, first off, let me make it clear I am NOT promoting this business opportunity as an affiliate or distributor.

I have all the facts about this business in my AlpCoin review so you can learn the full truth about it!

Is AlpCoin a scam?

Can you make an honest business with AlpCoin?

Let me show you in my review of AlpCoin.

Read on for all the details.

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AlpCoin – What Is It??

Digging through the AlpCoin website, you won’t find any available background information on the company at all. I did my best to figure out who owns this business, where it’s being run out of, and when it was first founded, but none of this information is readily available to people visiting the site.

AlpCoin does describe itself as being, “a business group located in UAE with representation offices in various countries”, but no further info is provided aside from that.

Moving over to the domain name registration, this is where data starts to pop up.

AlpCoin’s site domain was first registered last year on August 30 of 2016, and the owner is listed to be a man by the name of Patrick Ruegsegger. In addition to this, the registration also shows an address that’s located over in Basel, Switzerland.

After looking a bit further into that address, it came to my realization that it truthfully belongs to another company by the name of WorldWideLinks — a company that describes itself as being, “a global working procurement and consulting company with a trading platform.”

Going back to AlpCoin, German is set s the default language upon visiting it for the first time. Combine this with the fact that the site itself is also being hosted over in Germany, and it seems quite evident that this is the actual location through which things are being run.

WorldWideLinks does future AlpCoin on its website, so there’s a suggestion here that the two entities have something to do with one another.

As for the person in charge of AlpCoin, it would appear that this title belongs to Mr. Ruegsegger.

A YouTube video titled “AlpCoin – CEO Speech December 2016” shows Ruegsegger talking about AlpCoin, and in it he also claims to be based over in Dubai with an extensive history in the fields of both IT and finance.

Before he launched AlpCoin, Ruegsegger was acting as an affiliate for Dubli.

In typical MLM underbelly fashion, there’s no reasoning provided as to why this information isn’t made available on AlpCoin’s website.

AlpCoin Scam

The Product Line For AlpCoin

Moving over to the product line that AlpCoin is offering, there’s actually not a whole lot to talk about here.

Similar to what you’d find with similar opportunities along these lines, AlpCoin isn’t marketing or selling anything to retail customers. The only thing that affiliates have to market is the affiliate membership itself, and that’s never a setup that I’m a fan of running across.

With that said, it is worth mentioning that AlpCoin’s website features a link for “cashback shopping.” I tried clicking on this link, but it did nothing more than redirect me over the e-commerce store for Dubli.

From what I can see, there’s no real tie between this and AlpCoin at all.

What Should I Know About The Compensation Plan?

Upon joining AlpCoin, you’ll be given the opportunity to invest real money into ABL Packages. After investing into these packages, you’ll be given the chance to earn a commission for recruiting other affiliates who join and do the same thing.

There are a number of different packages to choose from, and as you pay more and more money for more expensive plans, you are valid to earn that available commission for a longer time.

For example, investing just 25 EUR will make you eligible for commissions for one month, but buying the ABL-72 package fro 102,680 EUR will allow you to earn for a total of 72 months.

Whenever an affiliate chooses to invest in the ABL Packages, they also earn so many AlpCoins. This is a from of currency that AlpCoin has created, but it doesn’t have any real world value since it isn’t tradable on the public market.

AlpCoin has full control over how much these points are worth, and after an affiliate gathers so many of them, they can exchange them through AlpCoin’s internal exchange in favor of real money.

How Do I Join AlpCoin?

If you have any interest in becoming a part of AlpCoin, you’ll need to invest your money in one of the ABL Packages that the company is selling.

The first package costs 100 EUR, and from what I can tell, this is a sort of fee that all affiliates are subject to paying.

From there, you’ll need to invest either 25 EUR or 102,680 EUR in another package in order to qualify for the commissions being offered.

Also in this case, choosing to invest more and more will increase your earning potential throughout the comp plan.

Is AlpCoin Really A Scam?

Have you been hearing that AlpCoin is a scam?

Have you heard AlpCoin is legit?

It can be hard to tell with so many different people telling you different things.

So, what’s the truth – is AlpCoin a scam or is it a good business?

I would say it’s not really a scam. There are a few things you should be aware of before joining.

The best way to be successful is to be prepared going in, and have a plan to market yourself.

If you want help marketing and making money, see below.

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Conclusion for AlpCoin

At the end of the day, AlpCoin isn’t anything more than a Ponzi scheme that’s using a worthless form of cryptocurrency to try to lure in potential investors.

Affiliate investment is literally the only source of money making its way into the company, and with these funds being used to pay off commissions and ROIs owed to other members, the Ponzi scheme nature is very evident here.

When it comes to the marketing of the AlpCoins cryptocurrency, AlpCon says, “Our coins are generated with different methods, using four servers and by a unique quattro part technology, which means they are a 100 % secure against forgery.

Once they reached 100% at the “Quadrille Level”, tokens will quadruple and get automatically converted into AlpCoins, based on the current coin value.”

That can sound enticing if you don’t put any real thought to the whole setup, but once you do, things fall apart very quickly.

AlpCoin is simply generating these points through a script the company has created, and with them not being accepted anywhere outside of the company’s system, they’re entirely worthless.

Once investment dies down, AlpCoin will be on its way out the door. No more funds will be available to pay affiliates, and Ruegsegger will make off with the lion’s share of everything that’s been invested.

I hope you got all the details you needed to make an informed decision in this AlpCoin Review.

Bears of anyone trying to sell you something in their review articles.

If you do want to proceed with AlpCoin, make sure you know how to market properly.

My FREE training below will help you.

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