IdeaCoin Review – Legit Or Scam?

IdeaCoin ReviewRecently, IdeaCoin has been getting a lot of hype on the internet.

I have had people pitching this one to me on a near daily basis, in fact, and I have seen it making the rounds on social media as well.

I want to make it clear I am NOT promoting this business opportunity as an affiliate or distributor in any way.

I have done all my research in this IdeaCoin review do you can learn the honest truth and decide if it’s right for you.

Is IdeaCoin a scam? Is it legit?

Can it really deliver on it’s promises?

Let me tell you in my Review IdeaCoin.

Let’s get started.

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Seriously, What Is IdeaCoin?

Looking at IdeaCoin’s official website, there’s not much of anything to see.

The domain name (ideacoin.io) was registered on October 19, 2017, but that’s the only thing worth mentioning. Since the registration was done privately, there’s no way to tell where this took place or who the domain owner is.

Aside from this, there’s nothing else. There’s no mention of who owns the company, where in the world it’s based out of, when it launched, etc. This makes IdeaCoin look extremely faceless, and in the MLM space, that’s never a good sign.

IdeaCoin Scam

What Products Does IdeaCoin Sell?

As for the IdeaCoin product line, there’s nothing to talk about here either.

No goods or services are marketed or sold to retail customers, and as such, it’s impossible for there to be any retail sales activity.

The only thing available for affiliates to offer is the affiliate membership itself, and the main attraction to this is the income opportunity that comes bundled with it.

In my experience in the MLM space, this is the telltale sign that you’re dealing with some sort of scheme or scam.

Info On The IdeaCoin Compensation Plan

Should you choose to join IdeaCoin as a member, you’ll need to buy IDEA points from the company that cost between 85 cents to $1.05 per a single point.

You then lend these back to IdeaCoin once you obtain them, and after doing so you can earn a monthly ROI that pays up to 45%.

There are a few different investment levels to choose from, and the first one sees you investing $100 to $499 to get an ROI for 240 days.

Investing more will get you the same ROI, but also come with an extra bonus.

  • Members that invest $500 to $999 earn the ROI and 0.05% bonus for 210 days
  • Members that invest $1000 to $4999 earn the ROI and 0.1% bonus for 180 days
  • Members that invest $5000 to $9999 earn the ROI and 0.2% bonus for 150 days
  • Members that invest $10,000 to $49,999 earn the ROI and 0.25% bonus for 120 days
  • Members that invest $50,000 to $99,999 earn the ROI and 0.3% bonus for 90 days

Referral commissions are also offered with IdeaCoin and paid using a unilevel system.

With this, affiliates earn the following rates:

  • Level 1 pays an 8% commission
  • Level 2 pays a 3% commission
  • Level 3 pays a 2% commission
  • Levels 4 through 6 pay a 1% commission
  • Level 7 pays a 0.5% commission

How Much To Join IdeaCoin?

You have the option to join IdeaCoin for free, but this will limit you to earning on only referral commissions. If you’re like to earn these and the ROI, you’ll have to make an investment of at least $100.

Seriously, Is IdeaCoin A Scam Or Is This Legit?

As I am sure you have heard with most business opportunities, there are a lot of scams on the internet, and IdeaCoin might be a scam with them.

Having read the review above, you might be wondering if IdeaCoin is legit or completely a scam.

So, is it a scam?

Is IdeaCoin a scam, or can you make a proper business with it?

Honestly, IdeaCoin isn’t a complete scam, but there are definitely some things to be aware of (see the conclusion section).

Whether you decide to join or not, you really need to master your marketing and lead generation.

This is the only way you will be successful.

See below for help with making money online.

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Here’s My IdeaCoin Final Thoughts!

According to IdeaCoin, the ROI being offered is paid thanks to something called “IdeaBot.” The bot is said to generate an ROI “24/7”, and according to IdeaCoin:

“At the outset, we were also trading on signals, investing in various funds, ICO. And we lost a lot of money too.”

That might sound like an awesome opportunity at first, but there are a couple things wrong with it.

For starters, if this bot was legit, why would IdeaCoin’s admins seek investments from random people online? Why not keep the system to themselves and become insanely rich?

Secondly, there’s no real proof that this bot exists. The only money definitely coming into IdeaCoin is that of affiliate investments, and as such, ROI liabilities must be paid off using these funds.

In other words, IdeaCoin is operating as a Ponzi scheme.

Once investments stop coming in, IdeaCoin will be no more. Most affiliates will end up losing out, the admins will profit the most, and recovering lost funds will be next to impossible.

Hopefully, you have enjoyed this IdeaCoin Review.

I wanted to give you this in-depth review because there have been plenty of other IdeaCoin reviews that don’t really give all the information you need.

If you do decide to join, I want you to be successful, so learn how to market yourself properly.

My FREE training below will help you market and earn money!

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

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