Welcome to my TwiceCoin Review. There has been some vibe about this company called TwiceCoin,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 TwiceCoin and what to find out if it is a legit company or a scam.
Here is a detailed review on TwiceCoin and I would walk you through the TwiceCoin company,the compensation plan,the products and the verdict.
TwiceCoin Review – The Company
There is no information on the company website about who owns or operates the business.
The company’s website domain “twicecoin.com’ was registered privately on the 8th day of June 2017.
Moving over to the domain name, this was registered on June 8, 2017. Unfortunately, since the domain was registered under a private state, there’s no way of knowing who the owner of it is or where the registration took place.
Something that did catch my eye among all of this snooping around is that the TwiceCoin logo looks extremely similar to the logo that was used with GladiaCoin.
GladiaCoin was a Ponzi scheme offering a 200% ROI over the course of just 90 days, and despite launching just this past March, it collapsed around early June due to its affiliates running into problems when trying to withdraw their earnings.
TwiceCoin Review – The Products
This company does not offer any retail products or services.
Affiliates who sign up only be able to market TwiceCoin affiliate membership itself.
The TwiceCoin Compensation Plan
To take part in the company compensation plan, affiliates must invest 0.02 BTC or more for a 200% ROI, given out at a rate of 2% a day.
The amount of the plan chosen by you is doubled with a yield of 2% per day.
· Twice 2 – Invest 0.05 BTC
· Twice 3 – Invest 0.1 BTC
· Twice 4 – Invest 0.3 BTC
· Twice 5 – Invest 0.5 BTC
· Twice 6 – Invest 1 BTC
· Twice 7 – Invest 2 BTC
· Twice 8 – Invest 4 BTC
· Twice 9 – Invest 8 BTC
TwiceCoin pays referral commissions on downline investment through a binary compensation structure.
This type of compensation structure puts an affiliate at the very top of a binary team that divides into 2 sides: the left and the right.
The 1st level of the binary team holds two positions and the 2nd level of the binary team is created by dividing these first 2 positions into a further 2 positions each, for a total of 4 positions.
The next levels of the binary team are created as needed, with every new level holding 2 times as many positions as the level before it.
In the binary team, the positions are filled through direct & indirect sponsorship of affiliates, with no limitations to how far a binary team can develop.
The company will total up newly invested money on each side of the binary team at the end of the day.
A percentage of matched funds is paid out based on how much has been invested by the affiliate:
· Twice 1 (0.02 BTC, no 200% ROI) – 4% binary referral commission, capped at 0.04 BTC a day and/or 1.2 BTC a month
· Twice 2 – 5% binary referral commission, capped at 0.1 BTC a day and/or 3 BTC a month
· Twice 3 – 6% binary referral commission, capped at 0.2 BTC a day and/or 6 BTC a month
· Twice 4 – 7% binary referral commission, capped at 0.6 BTC a day and/or 18 BTC a month
· Twice 5 – 9% binary referral commission, capped at 1 BTC a day and/or 30 BTC a month
· Twice 6 – 11% binary referral commission, capped at 2 BTC a day and/or 60 BTC a month
· Twice 7 – 13% binary referral commission, capped at 4 BTC a day and/or 120 BTC a month
· Twice 8 – 15% binary referral commission, capped at 8 BTC a day and/or 240 BTC a month
· Twice 9 – 17% binary referral commission, capped at 16 BTC a day and/or 480 BTC a month
TwiceCoin also allows its affiliates to earn on referral commissions.
Referral commissions are paid through the use of a binary setup, and points are added to this binary whenever more money is invested into the company.
TwiceCoin adds up how many points were generated at the end of every day, and depending on which Twice level you invested into, you’ll earn a certain percentage for your commission.
Cost to Join TwiceCoin
The cost to join TwiceCoin as an affiliate is an investment of between 0.05 and 8 BTC.
0.02 BTC “Twice 1” option exists, but this type of membership does not compensate a 200% ROI.
Choosing to invest between Twice 2 and Twice 9 tiers will make you subject to a membership fee that’s charged monthly as a 5% rate of whatever you initially invested.
This fee is adjusted to the amount that is initially invested every month.
Is TwiceCoin Actually Legit Or A Scam?
TwiceCoin is actually legit and not a scam.However to be successful in Twicecoin or any other network marketing company out there.It would depend on your lead generation technique,your ability to recruit and your marketing techniques.
Verdict on TwiceCoin
TwiceCoin can talk about this bitcoin trading activity as much as it wants, but the fact of the matter is that no such activity is actually taking place.
No proof is provided for this, and the only visible money making its way into TwiceCoin is that of affiliate investments.
Newly invested funds get turned around to fund the ROIs owed to other members, and this makes TwiceCoin a Ponzi scheme.
Most everyone who gets involved aside from the admin(s) are pretty much guaranteed to lose out, so your best bet is to stay as far away from this one as you can.
Seeing as TwiceCoin is being run by the same people, it stands to reason that investors likely won’t see this 200% return either…
So when recruitment numbers decrease and ROIs start falling, affiliates will lose out and start to leave…
So, if you haven’t heard of GladiaCoin before, or you are a previous affiliate hoping to recoup your losses…
Take caution and know that you may not make any ROI here either…
I hope you enjoyed my TwiceCoin review and if you have any questions, please leave them in the comments below…