EtherLend Review – Legit ELEND ICO or Huge Scam? Find Out here…

Welcome to my EtherLend Review!

Chances are someone approached you about the business opportunity and you landed here to make sure it’s legit?

The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.

Find out if this company is right for you…

EtherLend Review – The Company

EtherLend Review

EtherLend give you no information on their website about who runs the company or owns it.

I decided to dig deeper and found out that the EtherLend website domain “etherlend.org” was privately registered on November 25th, 2017.

There is no information out there on the ownership…

I even looked on social media…

EtherLend Reviews – The Products

etherlend products

EtherLend has retail products or services, but you can promote the affiliate membership and invest in their ELEND points which is their ICO…

I will get into that next.

Before I do, if you want to find out what company actually has products, ready the review below:

EtherLend Compensation Plan

EtherLend affiliates buy ELEND points from EtherLend…

This will run you anywhere between 10 cents to 30 cents each…

You must put in at least $100 and you can put as much as $100,000…

Once purchased , ELEND points are lent back to the company on a promise of getting a 2% to 7% daily ROI for 30 days…

You can also earn in their unilevel compensation plan by referring members into the company that pays five levels deep:

  • Level 1 (Personally sponsored members) – 8%
  • Level 2 – 3%
  • Level 3 – 1%
  • Level 4 – 1%
  • level 5 – 0.5%

Cost To Join EtherLend

EtherLend affiliate membership will run you at least $100 investment.

The moment you have been waiting for inside of this EtherLend review…

Verdict On EtherLend

EtherLend claims they make their crazy ROI’s through trading, cryptocurrency trading and arbitrage.

However, like most of this cryto mlm companies, they don’t provide any proof of this…

Now let’s look at some math real quick…

If you found a way to make 7% a day which is around 2555% per year, why would you need ANY investments from affiliates?

You can get a small bank loan and crush it…

But now let’s look at some of the red flags…

The owners are not transparent on who they are which is a big no no for me personally.

Also, their ICO is useless outside of the company…

Now you want to know what is really happening?

Newly invested funds are paying off existing members making those artificial ROI’s.

The problem with this model is once the recruitment slows down, the ROI’s won’t be met and the company will take a crap like most do in this niche…

Anyway, I personally don’t recommend this company the way it is unless the register with the SEC and go public…

I hope you enjoyed my EtherLend review and if you have any questions, please leave them in the comments below…

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See you at the top,

EtherLend

-Jesse Singh

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