PinCoin Review – Good Opportunity Or Big Scam?

PinCoin ReviewRecently, this business has been getting a lot of attention.

In fact, there is lots of hype and buzz going around including people pitching it left, right and centre.

I’ve noticed a lot of people pitching it on social media.

Now, first off, let me make it clear I am NOT promoting this business opportunity as an affiliate or distributor.

I have all the facts about this business in my PinCoin Review so you can learn the full truth about it!

Is the business legit or a scam?

Does it deliver on it’s promises?

I explain in my Review of PinCoin before you.

Let’s get started.

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What The Heck Is PinCoin?

Taking a look at PinCoin’s official website, you won’t find any information in regards to who owns the company, where it’s located, or when it was founded.

The domain name for PinCoin’s site (pincoin.io) was first registered on November 18, 2017, but because the registration was done privately, there’s no way of telling where it took place or who the owner of the domain is.

As for where PinCoin is based out of, there are a couple possibilities — those being Japan and South Korea.

Looking at Alexa rankings, around 40% of all site traffic for PinCoin comes from these two areas. It’d certainly be nice to be able to pinpoint this more accurately, but at least it’s something.

PinCoin Scam

What Are The PinCoin Products?

On the product line side of things, PinCoin affiliates only have the affiliate membership to offer to other individuals.

This is because PinCoin isn’t marketing or selling any sort of retail goods to customers, and this is not a good thing.

Retail sales activity is one of the most important aspects of any legit MLM opportunity, and the fact that PinCoin lacks this highly suggests that it’s operating in an illegitimate/illegal manner.

What About The Compensation Plan For PinCoin?

Moving right along to the compensation plan, PinCoin affiliates are asked to invest their money into PIN points through “Sharing Packages.”

Doing this provides affiliates access to a 52-week ROI, and the Sharing Packages members can invest in work out as follows:

  • PIN-100 Package — Affiliates invest $100 and then get an ROI of 156% ($600 cap)
  • PIN-400 Package — Affiliates invest $400 and then get an ROI of 182% ($2600 cap)
  • PIN-2000 Package — Affiliates invest $2000 and then get an ROI of 208% ($14,000 cap)
  • PIN-10000 Package — Affiliates invest $10,000 and then get an ROI of 234% ($80,000 cap)
  • PIN-50000 Package — Affiliates invest $50,000 and then get an ROI of 260% ($450,000 cap)
  • PIN-TOP Package — Affiliates invest $250,000 and then get an ROI of 312% ($2,500,000 cap)

Along with this, PinCoin nots that “in order to earn the maximum amount of income from your Sharing Package, you need to complete assigned missions every day, 7 days a week.” Unfortunately, there’s no disclosure in regards to what these “missions” actually entail.

Lastly, PinCoin also allows its members to earn through residual commissions. Residual commissions are handled using a unilevel system, and with this, affiliates can earn down to ten levels of recruitment.

In order to earn on as many levels as possible, affiliates must recruit as many people as they can convince. For example, if you want to earn on Levels 9 and 10, you’re required to recruit a minimum of five other people.

What’s The Cost Of Joining PinCoin?

If you’re interested in joining PinCoin, you’ll need to either pay for one of the above Sharing Packages or may a monthly “active fee” of $50/month.

So, Is There A PinCoin Scam Going On?

So, like with all business opportunities, you will hear things around the internet about there being a PinCoin scam or something like that.

And from what you have read, you may also wonder if this is legit or a complete scam.

So, what’s the truth?

Is there a PinCoin scam going on or is this legit?

Well, to be honest, PinCoin is not really a proper scam or anything like that.

But there are some things to be aware of (see conclusion section).

That is how you will be successful.

See below for help with making money.

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

Finally, My PinCoin Review And Conclusion!

PinCoin claims it can generate funds for its ROI thanks to a “sharing economy” and describes this as follows:

“PIN Community from London, England is poised to become one of the largest community in the crypto space to that develops advanced technologies to promote the Sharing Economy 2.0, providing higher efficiency, speed, less costs, and more values to their users.”

While this can sound like the opportunity of some people’s dreams, it boils down to being nothing more than a Ponzi scheme trying to cash in on the hype surrounding ICOs and cryptocurrencies.

At the end of the day, only the anonymous admin(s) running PinCoin will earn anything of real value. Most everyone else will lose out, recovering lost funds will be next to impossible, and the only thing you’ll gain is a bunch of stress and headaches.

If you’d prefer to avoid that and keep your money, I suggest looking elsewhere for your next opportunity.

Hopefully, you have found my PinCoin Review useful.

I wanted to give a lot of details because there have been other reviews of PinCoin which were a bit thin on the detail side.

No matter what happens, if you really want to succeed with any business, you have to learn how to market properly.

And, my training below will help you do that and make money!

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

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