Welcome to my Master Coin Plus Review. There has been some vibe about this company called Master Coin Plus,so I decided to find out what the company was all about and do some research on the company.
You are probably here because you have heard of Master Coin Plus and what to find out if it is a legit company or a scam.
Here is a detailed review on the company Master Coin Plus and I would walk you through the Master Coin Plus company,the compensation plan,the products and the verdict.
Master Coin Plus Review – The Company
Master Coin Plus is part of the cryptocurrency niche and list Thomas Armour as the CEO of the company.
Based out of Florida, Armour’s LinkedIn profile identifies him as an “internationally recognized keynote speaker, author, coach, sales trainer, and educator.”
Before Master Coin Plus, Armour was identified as the President of YoCoin.
YoCoin is an MLM altcoin company that was launched about a year ago.
As an affiliate, Armour has promoted companies such as Game Loot Network, Saivan and Magic 10 Marketing.
Before Armour got involved with Master Coin Plus, he was acting as the President of YoCoin — a dump and dump altcoin scheme that launched back in 2016.
YoCoin asked its affiliates to invest up to $2000 a pop, and once YoCoin’s currency reached an all-time high value of 33.9 cents per coin in July of last year, it started to decline to the 0.3 cents value that it has today.
Other companies that Armour has been an affiliate for include Game Loot Network, Magic 10 Marketing, and Saivian.
Master Coin Plus Review – The Products
Master Coin Plus does not have any retail products or services to offer.
Affiliates who sign up with Master Coin Plus simply market the affiliate membership.
Master Coin Plus affiliates are required to invest funds for an expected net ROI after 120 days.
Each Master Coin Plus affiliate investment includes access to “Master Coin Plus University”, which reportedly details “golden cryptocurrency trading rules”.
When someone does become an affiliate for Master Coin Plus, they’re given the opportunity to invest into the company’s cryptocurrency with the hope that they’ll earn an ROI over the course of 120 days.
Along with the investment opportunity, affiliates also gain access to the, “Master Coin Plus University.” According to the company, this talks about, “golden cryptocurrency trading rules.”
The Master Coin Plus Compensation Plan
Master Coin Plus affiliates who want to participate in the company compensation plan must invest in BTC packages of between 0.0625 to 32 for a promised 120 day ROI.
Affiliates earn residual commissions on the funds that are invested by sponsored downline affiliates.
Residual commissions are paid and tracked through a binary compensation structure.
A binary compensation structure puts an affiliate at the top of a binary team that splits into a left and right side.
Level 1 of the binary team holds 2 positions and level 2 is created by adding another two positions under each of the first two, for a total of 4 positions.
Additional binary team levels are created as they are needed, and every new level holds twice as many positions as the level above it.
Binary team positions are filled by direct and indirect sponsorship of affiliates, with no current limit as to how deep the team can grow.
Master Coin Plus adds up new investment volume totals on each side of the binary team at the end of every day.
Affiliates earn a percentage of volume that is matched on each of the binary team’s sides.
Master Coin Plus pays residual commission via a binary system, with positions throughout the binary being filled through both direct and indirect recruitment.
At the end of every day, the amount of points generated on either side of the binary is tallied up. Depending on how much money you’ve invested into Master Coin Plus, you’ll earn a set commission when this happens.
Affiliates that invest 0.0625 BTC earn just a 7% binary commission, whereas affiliates who invest the full 32 BTC can earn 20%.
· Invest 0.125 BTC and receive a 8% binary commission, capped at 0.25 BTC a day and/or 7 BTC a month
· Invest 0.25 BTC and receive a 9% binary commission, capped at 0.5 BTC a day and/or 15 BTC a month
· Invest 0.5 BTC and receive a 10% binary commission, capped at 1 BTC a day and/or 30 BTC a month
· Invest 1 BTC and receive a 12% binary commission, capped at 2 BTC a day and/or 60 BTC a month
· Invest 2 BTC and receive a 14% binary commission, capped at 4 BTC a day and/or 120 BTC a month
· Invest 4 BTC and receive a 16% binary commission, capped at 8 BTC a day and/or 240 BTC a month
· Invest 8 BTC and receive a 18% binary commission, capped at 16 BTC a day and/or 480 BTC a month
· Invest 16 BTC and receive a 19% binary commission, capped at 32 BTC a day and/or 960 BTC a month
· Invest 32 BTC and receive a 20% binary commission, capped at 64 BTC a day and/or 1920 BTC a month
Any investment that is unmatched on the stronger side of the binary team is carried over to the next day.
Cost To Join Master Coin Plus
The cost to join Master Coin Plus as an affiliate is an investment of between 0.0625 and 32 BTC.
Income potential in the compensation plan increases as affiliates invest in more bitcoin.
Is Master Coin Plus Actually Legit Or A Scam?
Master Coin Plus is actually legit and not a scam. However to be successful in Master Coin Plus or any other network marketing company out there it would depend on your marketing skills, your lead generation technique and your ability to recruit.
Verdict on Master Coin Plus
Master Coin Plus claims that affiliates can double their bitcoin within 120 days of investment…
However, like many other companies who also claim to do this thorough cryptocurrency mining…
The company provides no proof that any mining is actually taking place…
What this means is that the only verifiable income that is coming in to pay out these ROI promises in new affiliate investment…
So, what happens when new affiliate recruitment numbers die down?
ROI promises won’t be met…
So, without solid proof that this company is doing what they say they are…
I would take caution if you are considering joining up…
I hope you enjoyed my Master Coin Plus review and if you have any questions, please leave them in the comments below.