LipCoin Review – Legit Crytocurrency Opportunity or Scam?
Welcome to my LipCoin review!
It looks like a new cryptocurrency network marketing company just popped up and I decided to take a look to see what it was all about…
Chances are someone approached you on social media or in person and you landed on this page because you want to make sure it’s actually 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 is legit or a scam!
LipCoin Review – The Company
LipCoin doesn’t talk about who runs the show or owns the business.
I decided to check out the LipCoin website domain “lipcoin.io” and it was privately registered on November 10th, 2017.
That’s all the information out there so far…
LipCoin Reviews – The Products
LipCoin has no retail products or services, but you can promote the affiliate membership for a commission.
If you want to know which network marketing companies have retail products, check out this list for Top MLM Companies.
LipCoin Compensation Plan
When you become an affiliate you can buy pre-generated LPC points from the companies owners.
LPC points are sold between 45 cents to 95 cents each.
If you decide to go for 400 or more LPC points, you can get a 50% bonus on top.
- Purchase 400 LPC points and receive a 50% bonus for 1 month
- Purchase 800 LPC points and receive a 50% bonus for 2 month
- Purchase 1600 LPC points and receive a 50% bonus for 3 month
- Purchase 3200 LPC points and receive a 50% bonus for 4 month
- Purchase 6400 LPC points and receive a 50% bonus for 5 month
- Purchase 12,800 LPC points and receive a 50% bonus for 6 month
- Purchase 25,600 LPC points and receive a 50% bonus for 9 month
- Purchase 51,200 LPC points and receive a 50% bonus for 12 month
LipCoin pays members through a unilevel compensation plan structure when you sponsor new business partners.
You can get paid on both the LPC points and your members downline investments.
Referral Commissions (LPC Points)
LipCoin pays their affiliates referral commissions on LPC points purchased and is paid three levels deep:
- Level 1 (Personally sponsored members) – 10%
- Level 2 – 5%
- Level 3 – 2.5%
These commissions are paid in LPC points…
Referral Commissions on Investments
LipCoin pays referral commission on funds invested by their downline members in bitcoin or ethereum (your choice).
- Purchase 200 LPC points and receive a 5% referral commission on level 1 (personally recruited affiliates)
- Purchase400 LPC
Cost To Join LipCoin
The cost to join LipCoin will run you at least 45 LPC points.
The moment you have been waiting for inside of this LipCoin review…
Verdict On LipCoin
LipCoin claims to be the first cryptocurrency for surfers community.
Not sure why a surfers community would need a crytocurrency, but this is all I got on their website:
LIPCOIN aims to promote activities of a recreational, cultural, sporting and tourist nature, powered by surfing and all other surfing disciplines, actively acting to promote a community of athletes.
Now here is the problem…
LPC are useless outside of the company so you are investing in something useless…
Second, we don’t know who the owners are so if the company does take a dump, you will just lose out on a ton of money…
Once investments stop rolling in, the LPC will just tank and it will be goodbye for them.
I personally don’t recommend this company at all…
Anyway, I hope you enjoyed my LipCoin review and if you have any questions, please leave them in the comments below…
My personal recommendation (totally optional of course)…
I have been in the network marketing field for a few years and have made well over 7 figure in this industry so I know what to look for when you join a company…
Anyway, after reviewing hundreds of companies and systems out there…
It’s the only system out there where you will learn step by step on how to build a business online with the right training’s, tools and the right mentorship
Don’t believe me?
Take a look at my recent results…
Better yet, take a look at my team members results:
You will thank me later 🙂
Follow me on Social media below (I am a real person :)):
See you at the top,
P.S. If you want to learn how I made 7 figures in the last 12 months, watch this video.