Dagcoin Review – But I’m Not Promoting It!

Dagcoin ReviewHave you been noticing more and more hype for Dagcoin lately?

This business is picking up a lot of steam, with people pitching it all over social media.

I want to tell you that I am NOT in any way affiliated with Dagcoin.

I want to give you an unbiased opinion on Dagcoin – is it a scam?

Is it legit?

Let me give you all the details in my Dagcoin Review.

Will Dagcoin deliver on all it’s promises?

Find out in my Review of Dagcoin.

Let’s get going with the review!

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What Is The Dagcoin Opportunity?

Dagcoin is an MLM entity that operates within the niche of cryptocurrency, and according to the company’s official website, it’s being run by CEO and Founder, Nils Grossberg.

I managed to track down Grossberg’s LinkedIn profile, and here it’s stated that the man is located somewhere in Estonia.

On his LinkedIn profile as well, Grossberg says that Dagcoin’s, “mission is to provide alternative currency for everyday use, focusing on the Asia market where we help unbanked people manage their assets better.”

If this sounds familiar to you, that’s because it should.

Before launching Dagcoin, Grossberg was one of the top investors in the European area for a Ponzi scheme by the name of OneCoin.

OneCoin used a similar marketing spiel to advertised itself, and Grossberg seems to have left OneCoin around late April (the same time he registered the domain name for Dagcoin’s website).

Dagcoin Scam

What Can You Tell Me About The Dagcoin Products?

Looking at the product line side of things, Dagcoin doesn’t offer much of anything in these regards.

There aren’t any retail goods or services for retail customers to purchase, and affiliates only have the affiliate membership itself to market to other potential affiliates.

If/when you choose to join Dagcoin, you’ll be given the opportunity to invest real money into the dagcoin cryptocurrency.

Dagcoin is not tradable on the public market at the time of writing this review, and as such, it holds no value outside of the Dagcoin system.

What Can You Tell Me About The Compensation Plan?

Investing into dagcoin will allow you to earn an ROI, and the amount of dagcoins you receive is entirely dependent on how much money you choose to invest.

There are a number of different investment levels to choose from, including:

  • Starter — Affiliates invest $100 and then receive 100 dagcoins
  • Explorer — Affiliates invest $500 and then receive 500 dagcoins
  • Advanced — Affiliates invest $1000 and then receive 1000 dagcoins
  • Expert — Affiliates invest $2500 and then receive 3000 dagcoins
  • Pro — Affiliates invest $5000 and then receive 6000 dagcoins
  • Mentor — Affiliates invest $12,500 and then receive 17,500 dagcoins
  • Investor — Affiliates invest $25,000 and then receive 35,000 dagcoins

After investing into dagcoins, you can’t do anything with them for a total of 8 months.

Throughout this 8-month period, affiliates early a weekly ROI of 3% based off of dagcoins that they posses.

The ROI that’s earned is paid out in more dagcoin, with 50% of it being held onto for another 8 months and the other 50% getting paid directly to affiliates.

Along with the direct ROI, affiliates also have access to recruitment and residual commissions.

Recruitment commissions are paid at a rate of 10% based off of funds invested by personally recruited members, and residual commissions are paid through the use of a binary system.

Of all the commissions that affiliates earn throughout Dagcoin, 35% of them must be reinvested back into more dagcoins.

What Will It Cost To Join Dagcoin

In order to join Dagcoin, you’ll need to invest your money into one of the investment tiers that I mentioned above.

You earning costs can be as little as $100, or as much as $25,000.

Dagcoin also allows members to join for $20 at the Basic tier, but doing this won’t allow you to earn the weekly ROI that’s paid out to members who invest more.

Is Dagcoin A Scam?

So, like with all business opportunities, you will hear things around the internet about there being a Dagcoin scam or something like that.

And from what you have read, you may also wonder if this is legit or a complete scam.

So, what’s the truth?

Is there a Dagcoin scam going on or is this legit?

Well, to be honest, Dagcoin is not really a proper scam or anything like that.

But there are some things to be aware of (see conclusion section).

That is how you will be successful.

See below for help with making money.

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My Dagcoin Review Conclusion

At the end of the day, Dagcoin is honestly nothing more than a reboot of OneCoin that came before it.

Dagcoin is using the same lie of selling, “education” materials in order to get people to join, and it promises the same ideas of e-commerce, public trading, merchant activity, etc.

Dagcoin’s website claims that the dagcoin cryptocurrency is, “300x faster” than bitcoin and also has, “30x cheaper transaction fees.”

If those numbers sound made-up to you, that’s because they are. Dagcoin is the only site that’s selling dagcoins, so it can pretty much say whatever it wants to get people to invest.

Affiliate investments are the only source of money coming into Dagcoin, and this means that newly invested funds are recycled to pay off ROIs owed to existing members,.

As a result, Dagcoin is a typical Ponzi scheme.

This isn’t surprising in the slightest considering its strong ties to OneCoin, and similar to all other Ponzi schemes that have come before it, most everyone who invests will end up losing out.

Dagcoin will collapse around the 8-month period when affiliates start to make withdraw requests for ROIs.

Aside from a handful of early adopters, only Nils Grossberg will earn anything of value.

Hopefully, you have found my Dagcoin Review useful.

I wanted to give a lot of details because there have been other review of Dagcoin which were a bit thin on the detail side.

No matter what happens, if you really want to succeed with any business, you have to learn how to market properly.

And, my training below will help you do that and make money!

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