GiraCoin Review – But I’m Not Promoting It!

GiraCoin ReviewLately, this business opportunity has been getting a lot of hype on the internet.

People are hyping GiraCoin all over the place, including a lot of social media.

Has someone already pitched GiraCoin to you?

The first thing I want to tell you is that I am NOT promoting this business in any way.

I have complied all the facts about it in my GiraCoin Review so you can discover the truth for yourself!

Have you hear that GiraCoin is a scam?

That GiraCoin can’t deliver on it’s promises?

I will tell you all about it in my Review of GiraCoin.

Let’s get started.

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Exactly what is GiraCoin?

When looking at GiraCoin, I certainly wasn’t met with a great first impression at all. The company’s website fails to provide any sort of background information at all, and that right there is incredibly troubling.

Info about who owns the company, who manages it on a day-to-day basis, and where in the world it is physically located are all absent from the site. There’s never a good reason as to why any legitimate company should have such a lack of info, and when this takes place, it usually means we’re dealing with a scheme or a scam of some sort.

From what I was able to tell after some lengthy research, GiraCoin is owned by the company Gira Financial Group AG that’s supposedly located in Switzerland. I looked more into Gira Financial Group AG, and while they do have a company website, it’s hardly anything more than a contact form and nothing else.

The domain for the GiraCoin website was first registered back on June 5th, 2016, and someone by the name of Ramon Simon is listed to be the owner of said domain name. Additionally, the registration showcases an address for Hergiswil, Switzerland.

With a name to associate with GiraCoin, I was able to discover that the company cites Ramon as the Owner of the company, but I wasn’t able to determine why this information isn’t present on the GiraCoin website. It makes no sense as to why it wouldn’t be, so the reasoning behind that one is still up in the air.

I did my best to look more into Ramon Simon himself, but more than likely due to language barriers, I wasn’t able to put together an MLM history for the man. While language barriers are very real things and do often prohibit the amount of info I’m able to find on a person when doing these reviews, it certainly doesn’t do anything at all to help their overall image – especially with a company like GiraCoin where background info is already pretty shady.

GiraCoin Scam

Are There Any GiraCoin Products?

In regards to the product line that GiraCoin is using, there’s unfortunately not much to talk about here at all. GiraCoin has made the decision to not offer any sort of goods or services to retail customers at all, meaning that the company lacks any form of a product line.

Without a product line in place, there’s no chance for retail sales to take place. And, with no retail sale activity, GiraCoin isn’t getting any steady stream of income or revenue from that at all.

This more than likely means that the only source of income that GiraCoin is getting comes from the investments of their affiliates, and that’s usually a recipe that creates for a Ponzi scheme of some sort.

Can You Tell Me About The Compensation Plan For GiraCoin?

Moving on to the compensation plan that GiraCoin is using, we’re met with a system in which affiliates invest their money with the promise that they’ll be able to earn a passive ROI from the money that they sink into the company.

In addition to being able to get these direct ROIs, affiliates for GiraCoin can earn even more cash through the act of recruiting other individuals to sign up for the affiliate membership that the company offers.

GiraCoin Ponzi Points

Ponzi points play a big role in the GiraCoin compensation plan, and affiliates are able to obtain them by investing their cash into various packages that the company offers.

There are 11 packages offered in total, and they are as follows –

  • Starter package – Affiliates invest 50 EUR and earn 500 tokens
  • Professional package – Affiliates invest 120 EUR and earn 1200 tokens
  • Consultant package – Affiliates invest 550 EUR and earn 5500 tokens
  • Expert package – Affiliates invest 1200 EUR and earn 12,000 tokens
  • Broker package – Affiliates invest 3000 EUR and earn 30,000 tokens
  • Manager package – Affiliates invest 6000 EUR and earn 65,000 tokens
  • Principal package – Affiliates invest 9000 EUR and earn 100,000 tokens
  • Executive package – Affiliates invest 13,000 EUR and earn 150,000 tokens
  • Director package – Affiliates invest 26,000 EUR and earn 300,000 tokens
  • President package – Affiliates invest 33,333 EUR and earn 400,000 tokens
  • Ruler package – Affiliates invest 111,111 EUR and earn 1,400,000 tokens

The tokens that affiliates earn through their investments are then translated into GiraCoins, and the value of these is based entirely off of what GiraCoin itself sets the value at.

Along with this, GiraCoin also offers a 10% commission whenever a personally recruited affiliate of another member invests their own money into the company’s GiraCoin tokens.

Residual Commissions

Residual commissions also play a role in the GiraCoin compensation plan, and these are paid out to affiliates through the use of a unilevel payment system.

GiraCoin places a payment cap on the first 11 levels of a unilevel team, with level 4 earning the most at 16% and levels 11 to 20 earning just 1% at the lowest.

What Is The Fee To Join GiraCoin?

If you’d like to become an affiliate for GiraCoin, the membership itself costs 30 EUR.

However, if you’d like to become fully involved with everything that the opportunity has to offer, you’ll need to purchase one of the 11 investment packages that I outlined above in the GiraCoin Ponzi Points section of the review.

Is GiraCoin Truly A Scam?

If you’ve been doing your research on GiraCoin, you may have heard from some people that it’s a scam, and from other’s that it’s totally legit.

After reading my review, you might not be sure for yourself.

So, what’s really going on here?

Is GiraCoin a scam, or can you make a legit business with it?

To be honest, I am not sure GiraCoin is a complete scam.

However, I did find a few things to be aware of before you join, which will help you to be successful if you join.

Also, see below for help with making money online.

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Read Here For My GiraCoin Conclusion!

GiraCoin’s biggest marketing push has to do with them trying to sell the idea that they’re offering people an easy way to get started in the art of trading and selling bitcoin.

As per the company’s official website, “You’ve probably heard of Bitcoin. So far, its enormous rise in value has been unique. But, without the necessary computer acumen, it wasn’t possible to get in at the start. That’s where Giracoin comes in. It provides partners with its own whollyowned mining platform.”

Unfortunately, the company does so by asking their affiliates to invest into things they call “GiraCoins.”

These GiraCoins hold absolutely no value outside of the company’s system, so affiliates are essentially investing in worthless Ponzi points.

And, since the company doesn’t have any source of income aside from the investments they’re getting from affiliates, GiraCoin is using newly invested funds to pay off ROIs that they owe to existing affiliates.

That’s where the Ponzi scheme nature of the company comes into full circle, and as with all other Ponzi schemes, it won’t last long before they run into major trouble.

Once recruitment and investment levels die down, GiraCoin will be unable to pay off affiliates that they owe money to, and this will cause them to go nowhere but down the rabbit hole.

I hope you have gained a lot of value from my GiraCoin Review.

I have found other reviews are scant on details, so I wanted to make sure you had everything you need here.

If you do decide to move forward with GiraCoin, I think the info I have given here will help you.

Moving forward, you need to take care of marketing yourself, which you can learn how to do with my free training.

Click below.

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