LCF Coin Prelaunch Review – Legit Or Scam?

LCF Coin ReviewHas someone approached you lately about joining LCF Coin Prelaunch?

This doesn’t surprise me – it’s been getting a lot of hype in the last couple of week, with people pitching it all the time.

First, let me make one thing clear – I am NOT in any way affiliated with LCF Coin Prelaunch.

I simply wanted to gather all the details here for you in my LCF Coin Prelaunch Review so you can make an informed decision.

Is LCF Coin Prelaunch truly a scam?

Does it really work like the marketing materials say it will?

Read on to find out in my Review of LCF Coin Prelaunch.

Let’s get going!

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What The Heck Is LCF Coin Prelaunch?

LCF Coin is a new investment opportunity that involves the purchase of a crypto currency. It is currently in a prelaunch stage, and seems sketchy at best. They don’t have a formal web presence at all, with no website or even facebook group. Instead, they, and their affiliates, are promoting themselves through google forms.

With no definitive evidence to show who owns or runs the company, potential affiliates are given a story about how the Rothschild Family and the Chinese government are joining forces to launch their very own crypto-currency which will officially happen in February of 2017. With other claims that George Bush and Tony Blair are involved, that there will be over 600,000 different products on offer, that it’ll be run from a purpose built 170,000 square meter office and that it will have its IPO in 3-5 years- LCF Coin are clearly hitting it hard with nonsense promotional material to try and sucker in as many investors as it can before the truth comes out.

There is no evidence to support their claims, which are ludicrous at best, and because they are in pre-launch the details of the opportunity are somewhat vague, so the following is subject to change once they actually go live.

What Can You Tell Me About The LCF Coin Prelaunch Products?

LCF Coin claim to be planning over 600,000 products and services for affiliates to sell to customers. It is worth noting that they do not mention what these products are, and instead focus on the recruitment commissions that are available to affiliates.

What Can You Tell Me About The LCF Coin Prelaunch Compensation Plan?

The premise of LCF Coin is based around a new crypto-currency that they have created. The major focus for them is to recruit new affiliates to the company, a process that is currently free but will likely have a charge associated with it at some point. Rewards of LCF Coins are offered to affiliates in the following ways:

  • By signing up as a new affiliate you will receive 1000 LCF Coins
  • By qualifying as a Team Leader (which requires you to have personally recruited 20 affiliates and have a total of 200 affiliates in your downline) you will receive 20,000 LCF Coins
  • By qualifying as a City Leader (requires you to have recruited 5 team leaders) you will receive 100,000 LCF Coins
  • By qualifying as a Provincial Leader (requires you to have recruited 5 city leaders) you will receive 500,000 LCF Coins
  • By qualifying as a State Leader (requires you to have recruited 5 provincial leaders) you will receive 1,250,000 LCF Coins.

Currently LCF Coin claims that each unit of currency is equivalent to 50 cents, with their projections suggesting that the value should have risen to $7 per unit by May of 2017.

Upon launch they intend to use a 5×5 matrix structure to arrange residual commission payments to affiliates, which itself would likely incur a fee to users for taking part in. The company is being tight lipped about quite what this entails right now though, and say that more information will become available closer to the time.

Are There Membership Fees For LCF Coin Prelaunch?

At the moment while in their pre-launch phase, there is no cost to become an LCF Coin affiliate member. All you need to do is sign up through google forms and send them various details about yourself (it is not clear who is receiving this information or what they are using it for). When the company launches (currently planned for February 2017) there will likely be some fees for taking part in the compensation plan commissions, but the company has not yet released details of what these costs may be.

Is LCF Coin Prelaunch A Scam?

If you’ve come across a review that says LCF Coin Prelaunch is a scam while researching, I wouldn’t be surprised.

A lot of marketers will tell you something is a scam just so they can sell you something else.

So, can you trust those other reviews?

What is the truth about LCF Coin Prelaunch? Is it really a scam, or is it legit?

I would say no, not exactly. However, there are a few things in the business you should be aware of – read on to the conclusion to find out what they are.

Knowing what you’re getting into is the best way to be successful.

See below for my FREE training that will help you make money!

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What’s your Conclusion About LCF Coin Prelaunch?

The creators of LCF Coin are doing everything they can to get their name out there and get some traction before showing any details of what they are actually offering. It’s obvious that the majority of what they are saying is completely false (ie the Chinese government and Rothschild family being behind it with assistance from former presidents) in an endeavor to build up a mailing list of names of people that are likely to fall for phony advertising and are somewhat interested in investing in a crypto-currency.

The details that they are asking for include name, passport number, mobile phone number, drivers license and email address. Short of the 3 digit code from the back of your bank card that’s pretty much every bit of information they would need to commit identity fraud so whatever you do, DON’T send any of this information to them, particularly when you have no idea who they actually are.

As things stand, LCF Coin is looking like yet another in a long line of MLM scams that are using the promise of a soon-to-be successful crypto-currency to draw in investors, likely in a way that will leave them out of pocket to the benefit of those that are running the company.

Without it having launched yet with the full details of what they will offer, it is perhaps too early to say quite how much of a scam LCF Coin is shaping up to be, but it is definitely not something to get involved with yet, especially considering the amount of lies that they are spinning in their pre-launch promotional material. If the Chinese government and Rothschild family were working together to launch a currency, they would not be doing it quietly on google forms, so there is definitely something awry with LCF Coin and until that is rectified you should stay well clear of this company. There are plenty of other opportunities to look at that work in a reputable way, you would be much better off going to one of those than getting involved with LCF Coin at this stage.

I hope that you are able to use my research in my LCF Coin Prelaunch Review to make a decision.

If you do decide to become an affiliate with LCF Coin Prelaunch, make sure you take the time to learn how to market yourself.

My FREE training can help you.

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