LipCoin Review – Good Opportunity Or Big Scam?

Have you been hearing a lot about LipCoin lately?

There is a lot of hype happening for LipCoin, and people are pitching the opportunity all over the place – especially on social media.

The first thing I should tell you is that I am not associated with LipCoin in any way.

I have gathered all the pertinent facts about this opportunity in my LipCoin Review so that you can know the full truth before signing up.

Is LipCoin a scam? Or is it really legit?

Will I be able to make real money with it?

I tell you all in my Review of LipCoin.

Let’s get going!

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What Is LipCoin Exactly?

On LipCoin’s website, you won’t find any information in regards to who owns the company, where it’s based out of, when it was first launched, or anything of the sort.

It’s fairly easy to see that the domain name was registered on November 10, 2017, but even this is pretty useless. Since the registration was done privately, there’s no way of knowing where in the world it took place or who the owner of the domain is.

Having lots of concrete background data is essential when looking into a new business opportunity, and unfortunately with LipCoin, there’s hardly any to be found.

LipCoin Scam

What Will I Be Selling With LipCoin?

Moving right along to the product line side of things, this is another area where LipCoin fails to impress.

No goods or services are being sold to retail customers, and as a result of this, there’s no way for retail sales activity to be present.

The one and only thing that affiliates have to offer is the affiliate membership, and the main draw to this is the attached income opportunity.

What Should I Know About The Compensation Plan For LipCoin?

As for the compensation plan, those that choose to join LipCoin are asked to buy LPC coins that are pre-generated by those that own LipCoin.

These LPC points are sold at the rate of 45 cents to 95 cents per point, and members that buy 400 or more of these can get a 50% bonus on every point they get.

There are a few different levels with this 50% bonus, and they work out as follows:

  • Members that buy 400 LPC points get the 50% bonus for 1 month
  • Members that buy 800 LPC points get the 50% bonus for 2 months
  • Members that buy 1600 LPC points get the 50% bonus for 3 months
  • Members that buy 3200 LPC points get the 50% bonus for 4 months
  • Members that buy 6400 LPC points get the 50% bonus for 5 months
  • Members that buy 12,800 LPC points get the 50% bonus for 6 months
  • Members that buy 25,600 LPC points get the 50% bonus for 9 months
  • Members that buy 51,200 LPC points get the 50% bonus for 12 months

In addition to this, affiliates also have the chance to earn on referral commissions.

Referral commissions within LipCoin are handled using a unilevel system, and with this, members have the chance to earn on LPC points that are purchased and on money that’s invested into LipCoin.

What’s The Membership Fee For LipCoin?

If you’d like to join LipCoin as an affiliate, you’ll need to purchase at least 45 LPC points. However, choosing to buy more and more LPC points will allow you to increase your earning potential.

Is LipCoin Really A Scam?

If you’re like me, you’ve been researching LipCoin and you may have heard that it is a total scam.

From what you have read above, you may not be able to tell if it is legit or not.

So, is it really a scam?

Is LipCoin a scam, or can you trust the company?

I would say LipCoin isn’t a complete scam, but there are definitely some things you should be cautious of – check out the conclusion to find out what those are.

Being prepared will help you be successful. Also, see below to get my tips for making money.

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My Conclusion For LipCoin

According to LipCoin’s website, this is “the first cryptocurrency for the surfers community.”

I can’t think of any reason why surfers need a cryptocurrency made specifically for them, but in any case, that’s the angle LipCoin’s chosen to take.

A bit of copy on the site reads:

“LIPCOIN aims to promote activities of a recreational, cultural, sporting and tourist nature, powered by surfing and all other surfing disciplines, actively acting to promote a community of athletes.”

If this sounds like a bunch of baloney, that’s because it is.

There’s no proof that any cryptocurrency trading, mining, or anything is taking place. The only money coming into LipCoin is that of affiliate investments, and because of this, newly invested funds are used to pay off ROI liabilities.

As such, LipCoin turns into a Ponzi scheme.

The anonymous admin(s) running this opportunity will make off with the lion’s share of the earnings once investments stop coming in, and this will also see most all affiliates losing out.

It’s a story I’ve seen time after time, and believe me when I say that there’s no happy ending here for affiliates that get involved.

I sure hope you have found all the information in this LipCoin Review helpful.

Some reviews may be biased or trying to sell you something else, so I wanted you to have all the details from someone not affiliate with LipCoin.

If you decided to move forward with LipCoin, you’ll still need help marketing yourself.

My FREE training will help you with that.

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