Coin Leaders Review – Good Opportunity Or Big Scam?

Coin Leaders ReviewHas someone tried to pitch you the Coin Leaders opportunity lately?

Coin Leaders 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 Coin Leaders review so you can learn the full truth about it!

Is Coin Leaders a scam?

Can you make an honest business with Coin Leaders?

Let me show you in my review of Coin Leaders.

Read on for all the details.

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Coin Leaders – What Is It??

Coin Leaders is the latest company in the world of multi-level marketing up for out full review, and according to the company, Coin Leaders is “operated by CL Singapore Pte. Ltd., which is based in Singapore. CL Singapore is wholly owned by Coin Leadership Limited, based in Dubai.”

Having an idea as to where a company is located is one thing, but what about who’s running this whole operation? This information is often times difficult to come by, but this isn’t necessary the case with Coin Leaders.

According to the official website, a man by the name of John Pretto is listed to be the chairman for Coin Leaders, and he’s got a pretty beefy corporate bio listed on the Coin Leaders’ website –

“John Pretto is an accomplished, innovative and entrepreneurial technologist with over 20 years of senior management experience in information technology, marketing and operations.”

Some of John’s past company experience includes being the CTO for R66T, COO for ComF5, Co-Founder of the company HelloNetwork, and more.

In regards to John’s involvement with the MLM world, it would appear that he was a pretty heavy promoter of the company OneCoin just about a year ago. John looks to have gotten involved with OneCoin between early and mid-2015, and for those who aren’t familiar, OneCoin was found to be nothing more than yet another Ponzi scheme in the MLM world.

There’s currently no word available in regards to whether or not John Pretto is still involved with OneCoin, but in any case, it isn’t good news at all to see that he was a heavy promoter for the company. Ponzi schemes aren’t good news for anyone, and seeing as how Pretto was involved with one just last year doesn’t create for the best feeling when looking at Coin Leaders.

In any case, here’s what the company has to bring to the table.

Coin Leaders Scam

The Product Line For Coin Leaders

In regards to the product line that Coin Leaders has to offer, there isn’t anything to talk about at all. You see, Coin Leaders is like many of the other new MLM startups that we’ve been seeing that have decided to omit the presence of a product line at all, and this isn’t good to see no matter how you look at it.

Although they might be difficult and challenging to setup, product lines allow for retail sales to take place. When retail sales take place, companies are able to get a steady revenue off of this. Take the product line out of the equation, and you also take out the chance for revenue to come in through these retail sales.

Whenever this takes place, we often times see companies that try to get all of their income from investments and money that their investors pay to them. When this happens, we’re often left looking at a Ponzi scheme.

What Should I Know About The Compensation Plan?

Moving on to the company’s compensation plan, we’re dealing with a system in which affiliates are able to invest as much as 25,000 EUR is something that the company calls “DasCoin.” DasCoin is marketed to be a “hybrid cryptocurrency” that Coin Leaders is offering, and it is supposedly run by the company DasCoin Limited that’s based out of Hong Kong.

Once affiliates invest into DasCoin, they receive access to Coin Leaders’ “software license.” This software license supposedly gets rid of the act of mining for DasCoin and “CoinLeader software enables you to help build the distributed network (on which DasCoin operates) and receive DasCoins in return.”

As more and more money is dumped into DasCoin and this software license by other affiliates, the overall value of DasCoin goes up.

The amount of money that a single affiliate decides to invest into DasCoin, the more “cycles” they are eligible to have access to which comes as a result of the software licenses that we previously talked about.

Investing more into DasCoin also results in affiliates being able to get access to more upgrades. Upgrades are put into an active state when the cycled of concerted DasCoins dips below the efficiency line of 50%.

Referral Commissions

Coin Leaders also offers referral commissions, and this comes in the form of the recruiting affiliate being able to earn a 20% commission based off of the fees that the affiliate they recruited decides to pay when they initially sign on with the membership that is being offered.

How Do I Join Coin Leaders?

If you would like to be an affiliate for Coin Leaders, you’ll need to make a certain investment into the Das Coin opportunity that the company is offering. This minimum amount for this investment is 100 EUR, but it can go up to as much as 25,000 EUR if your heart so desires.

In this case, investing more right from the get go will result in you being able to earn more and more.

Is Coin Leaders Really A Scam?

Have you been hearing that Coin Leaders is a scam?

Have you heard Coin Leaders is legit?

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

So, what’s the truth – is Coin Leaders 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 Coin Leaders

So, at the end of the day, what’s the final outlook appear to be with Coin Leaders?

Here’s essentially what we’re dealing with.

Coin Leaders is a company that’s owned in Singapore, belongs to a shell company that’s somewhere in Dubai, and is currently being run by someone who lives in the United States.

If you ask us, that doesn’t sound like a winning recipe at all.

When taking a look through the compensation plan that Coin Leaders is offering, and then remember that the company doesn’t have any sort of product line at all, it becomes quite obvious very quickly that Coin Leaders is operating as nothing more than that of a Ponzi scheme.

Coin Leaders tries to sell the idea that DasCoins have some form of real world value, but in all reality, they really serve no purpose at all other than to facilitate the scheme that Coin Leaders is currently running.

And, similar to all other Ponzi schemes, Coin Leaders will run into trouble as soon as recruitment and investment levels die down. When this takes place, the company will run out of funds to keep itself afloat and pay out commission that they owe, and when all of this starts to take place, the majority of people that are involved will end up losing any money of theirs that has been invested into the company.

It’s a bleak outlook for sure, but it’s the reality that we need to face.

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

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

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

My FREE training below will help you.

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