Team Coins Review – Legit Or Scam?

Team Coins ReviewHave you been paying attention to all of the hype for Team Coins?

If you told me someone had pitched the opportunity to you lately, this wouldn’t surprise me. It’s making all the rounds on social media lately.

Next, I want to tell you that I am neither an affiliate or distributor for Team Coins – I want to give you an unbiased opinion.

Is it a scam? Can you trust Team Coins?

Read all about it in my Team Coins review so you can learn the full truth!

Does it deliver on the promises in the marketing materials?

Let me explain in my review of Team Coins.

Let’s carry on.

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

What Can You Tell Me About Team Coins?

In the case of Team Coins, we’re looking at a company that’s decided to provide little-to-no background information on its official website,

You won’t find any mention of who currently owns or runs Team Coins, and this does nothing but create for a rather poor first impression.

Looking specifically into the registration for the Team Coins website domain name, I was able to see that it was registered on March 23 of this year (2017) and that the owner is listed as Diana Schmitt of ADI.Works. Additionally, there is also an address listed in Mainhausen, Germany.

After a bit more digging, it became apparent that Diana is either a relative or the wife of Robert Schmitt — the admin of the official Facebook group for Team Coins. Along with this, Robert Schmitt’s name is also mentioned as a support contact on the Team Coins site.

Furthermore, a post in the Facebook group from Robert Schmitt that was published on March 30 confirms that he’s there current owner of the company. I found it strange that this information isn’t more clearly visible on the company’s website, and I also think it’s worth noting that Team Coins appears to be Schmitt’s first ever venture in the MLM landscape.

Does Team Coins Offer Any Products?

On the product line side of things, Team Coins really drops the ball.

There isn’t anything at all that’s being sold or marketed to retail customers, so there are absolutely no goods or services to speak of.

A setup like this means that affiliates have nothing other than the affiliate membership itself to sell to people that are looking for a new income opportunity, and it also creates for the total lack of any retail sales activity whatsoever.

This is not something that you ever want to see when looking at a new MLM setup, but it’s unfortunately the case that we’re dealing with when talking about Team Coins.

What Kind Of Compensation Plan Does Team Coins Have?

Moving things along to the compensation plan, Team Coins is using a 2×6 matrix system to organize bitcoin gifting activity among members.

Upon first joining the company, affiliates are asked to gift 0.004 BTC to the person that got them to join Team Coins. After this payment is gifted, the affiliate who sent it can then receive 0.004 BTC from two other people who join the first level of the 2×6 matrix.

This system of affiliates gifting bitcoin to one another is pretty much the only activity that takes place throughout the entire compensation plan, and the other levels work out as follows —

  • Members in Level 2 gift 0.006 BTC so they can earn the same amount from four other affiliates
  • Members in Level 3 gift 0.02 BTC so they can earn the same amount from eight other affiliates
  • Members in Level 4 gift 0.11 BTC so they can earn the same amount from sixteen other affiliates
  • Members in Level 5 gift 1.26 BTC so they can earn the same amount from thirty-two other affiliates
  • Members in Level 6 gift 5 BTC so they can earn the same amount from sixty-four other affiliates

What Is The Cost Of Membership With Team Coins?

If any of this sounds at all appealing to you, you’ll need to gift a minimum amount of 0.004 BTC in order to get active with the cash gifting setup that Team Coins is running.

However, in order to get fully participated with the entire compensation plan, you’ll need to get that gift amount increase to 6.4 BTC.

Should I Be Worried About A Team Coins Scam?

Every business opportunity on the web has good reviews and bad reviews – so is Team Coins really a scam?

Is there a Team Coins scam or is this business legit?

If I am being honest, I’d say it’s not really a scam, but there are some important points to be aware of.

Learning the business weaknesses and having a strong marketing strategy is what will make you successful.

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

Conclusion for Team Coins

At the end of the day, there’s really nothing all that special with Team Coins at all.

The opportunity being offered here is a pretty typical bitcoin-based cash gifting scheme, with affiliates gifting bitcoin to one another in order to hopefully come out on top.

As we know though, the only person who will likely earn anything at all is Robert Schmitt.

Once gifting activity dies down within Team Coins, the entire opportunity will end up collapsing. Schmitt will run off with the majority of all the money that’s been sent into Team Coins, and all other affiliates will more than likely end up losing out.

In other words, Team Coins doesn’t deserve any amount of your time or money.

I hope you are finding the information in my Team Coins Review helpful?

Some of the other reviews I saw had very little details, so I am hoping I gave you everything you need here.

If you’re wanting to become a member of Team Coins, make sure you take the time to develop a marketing strategy.

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

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

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