EtherChain Review – Huge Scam Or Legit System?

EtherChain ReviewIf you’ve been paying attention lately, you’ll notice that EtherChain has been getting a lot of hype.

Because it’s new, it’s getting a lot of buzz and if you’re in an online business, I am sure someone will push it on you at some point.

It’s especially popular on social media at the moment.

I do want to let you know that I am NOT affiliated with EtherChain as a member or distributor.

My goal is to gather all the facts in one place for you so you can do your research – and it’s all here in my EtherChain Review.

Is EtherChain a legit business, or is it a complete scam?

Will I be able to build a business with it?

I tell you all about it in my Review of EtherChain.

Read below to find out more.

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What Is EtherChain?

EtherChain is a new entry in the MLM space, and looking through the company’s official website, there’s not much to see in the way of background information. There’s no mention of who owns or runs the company, making EhterChain appear rather faceless upon first glance.

The domain name for the EtherChain website was registered quite recently, June 1, 2020, to be exact. The owner of the domain is listed as simply “Ether Chain,” along with a registration address somewhere in Skane, Sweden.

Following additional research and digging into EtherChain’s background, I discovered that someone by the name of “Andreas Kartrud” is credited as being the company’s Founder and CEO. Andreas does appear to be a real person, and he’s been involved with a bunch of MLM opportunities over the years. Here’s his current repertoire:

  • Shopping Sherlock
  • SwissCoin
  • Dominant Finance
  • WoToken
  • Up2Give
  • KryptoGlobe
  • 1 Click Trading
  • XOXO Network

EtherChain Scam

What Products Are Being Sold?

In regards to the products offered by EtherChain, there’s not much to talk about.

EtherChain doesn’t have any sort of product line in place, meaning it’s impossible for there to be any retail sales activity of any kind. No goods or services are sold, with the only thing on offer being the affiliate membership itself.

If you regularly follow my reviews, you’ll know this is something we see quite often.

Info On The EtherChain Comp Plan

Should you want to become an EtherChain affiliate, the big draw to the membership is the bundled income opportunity. As an affiliate, you’re asked to invest ethereum — coming with the promise of a 310% ROI that’s paid out as 1% daily over the course of 310 days.

You can expand your earnings via referral and residual commissions, too.

Referral commissions pay a 10% commission for people you personally recruit into EtherChain, whereas residual commissions get paid down to 15 levels of recruitment using a unilevel system.

EtherChain also offers something called the “Top Referrer Pool,” which further incentivizes affiliates that do the most recruiting.

What Will It Cost Me To Join EtherChain?

Although it is technically free to join EtherChain’s membership, you do need to invest some crypto in order to earn anything.

Specifically, you’ll need to make an investment of at least 0.1 ETH in order to start earning with the income opportunity.

Any Truth To The EtherChain Rumours?

Any time a new business opportunity launches, you will always hear rumours about them being scams – so is EtherChain a scam?

From reading above, you might already be thinking EtherChain is a scam.

So, is it?

Is there a EtherChain scam, or is it legit?

To be honest, EtherChain isn’t a scam.

However, there are some red flags to be worried about, which I discuss in the conclusion.

See my tips below for helping to make money.

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And Now, My EtherChain Conclusion

At the end of the day, there’s nothing all that unique about EtherChain. We’ve seen countless companies like it before, and we’re bound to see plenty of other ones succeed it once EtherChain is up and gone.

MLM opportunities with this structure tend to be quite risky, making it easy for early adopters to make a quick buck while everyone else ultimately loses out. This makes it potentially appealing if you enjoy taking those risks, but if you’re looking for an MLM opportunity in which you can settle down and grow some roots, this isn’t it.

And that’s all there is to EtherChain. It’s a simple company that exists just to get crypto investments from as many people as possible, and once the system falls apart, it’ll disappear.

I hope you have gained value from my EtherChain Review.

I have put all the details you need to know here, because all other reviews of EtherChain have been fairly limited with details.

If you do decide to proceed with EtherChain or any business, you’ll find my free training helpful – I will show you how to make money online.

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