Welcome to my blog and you are here because someone probably approached you about this new crypto-currency that has been getting quite the buzz…
Well in this OneCoin review, I am going to walk you through the entire company and business opportunity so you can make the right decision to join it or not…
Find out if OnCoin is legit or just a big scam…
First, let’s talk about the company…
Before we start…
OneCoin Review – The Company
OneCoin is the brain child of Dr. Ruja Ignatova who launched the company around July of 2014…
I found out that their domain was registered on June 23rd of 2014 and it is set to private (So I can’t find any more info on it).
The website itself is actually hosted out of Bulgaria and the headquartered in Europe and worldwide operations. Their core market focus is South East Asia countries, Europe, India and Africa.
There used to be a president of this company named Nigel Allan, but was terminated for some reason…
Not sure exactly what he did, but here is the legal letter:
Please be aware that due to breach of OneCoin business policy, Mr. Nigel Allan effective from 01 of January 2015 is no longer acting as a President of OneCoin. With respect to the above, please be informed that , Mr Nigel Allan as of Tuesday 24 February 2015 is officially terminated from developing or promoting any network position with OneCoin.
Given the above we hereby kindly ask all members to be careful when conducting communication with Mr. Allan.
OneCoin – Legal and Compliance
And then shortly after the founder Dr. Ruja posted this:
I would like to add some personal words to the announcement above.
Nigel has betrayed my trust, proven to be illoyal and living up to his online reputation. Therefore I have decided that he has to leave the company immediately and has no place in the OneCoin network.
After his track record I assume it will be very difficult for him to find a new project.
Looks like something went down if you ask me lol.
Anyway, let’s keep going!
OneCoin – The Product Line
The products in OneCoin is called the “OneAcademy Online Education program which has different levels. You also get to invest in their “tokens” when you purchase one of their trader packages.
There are five packages on offer:
- Starter – 100 EUR
- Trader – 500 EUR
- PRO Trader – 1000 EUR
- Executive Trader – 3000 EUR
- Tycoon Trader – 5000 EUR
There is also an “Activation kit price” of 30 EUR that secures your position in the company and you get a free eBook called “The Richest Man in Babylon”.
There is a FREE package as well called “Rookie Price” where you get information on OneCoin and the eBook: Think and Grow rich and a newsletter on the latest developments of OneCoin.
According to their website, they have 264,610 members and 146,440,000 OneCoins have been mined.
Which is pretty big.
Alright let’s take a look at the business opportunity and compensation plan.
OneCoin – The Compensation Plan
This is a great video that explains the packages and compensation plan…
NOTE: This is a very BIASED video and I do not endorse the video, it’s for education purposes only.
Next the verdict.
OneCoin Review – is it a scam?
Personally, there is a ton of uncertainty with this company and they are claiming in 12 months you can have a 80x return on your investment…
How are they suppose to pull that off?
Plus there are 500 other alternatives out their to bitcoin so what makes this any different?
For that reason I am out…
There are hundreds of legit opportunities out there that can help you make money…
A lot of them do require recruiting which isn’t for everyone, however, after reviewing hundreds of companies I did find TWO that are VERY profitable.
The best part is you don’t have to recruit a single person to earn…
Those companies are here to stay and have no uncertainty.
If you are in OneCoin already, those two opportunities work hand to hand with anything really…
I hope you enjoyed my OneCoin review and if you are in this company, please share with us your personal results and experience.
Bless and Be Blessed,