TradeNetCoin Review – Legit TNC Points ICO Lending Program or Scam?
Welcome to my TradeNetCoin Review!
Here is another crypto mlm company that surfaced in this space so I decided to investigate what it was all about…
Some people say it’s legit while others call it a scam…
The good news is I am going to walk you through everything so you can make the right decision.
Just make sure you pay close attention and read this to the end…
Let’s dive in shall we?
TradeNetCoin Review – The Company
You would think a new company would have some kind of “About Us” section and explain who they are…
Because face it…
When you are the new kid on the block, you have to be transparent about everything.
However, TradeNetCoin doesn’t give you any information on who owns or runs it.
After looking at the registrar information on “tradenetcoin.io” it was privately registered on December 22nd, 2017.
Heck, I even checked social media to see if they had any official groups so I can see who were the admin(s) were…
But nothing again…
Anyway, sorry for the lack of information here, they are no where to be found on the internet lol.
TradeNetCoin Reviews – The Products
Alright let’s see if TradeNetCoin has any decent products at least…
After checking their website, looks like they don’t offer any retail products or services, but you can promote the affiliate membership.
You can also invest in their TNC points on some kind of ROI, but I will get into that next…
TradeNetCoin Compensation Plan
There are TWO ways to make money in this company.
First you can invest into their TNC points on some kind of ROI and the second way is to sponsor new members.
TradeNetCoin has members invest into their TNC points which are then lent back to the company for an ROI up to 150% per month.
You can purchase these for 65 cents to $1.50 each…
Here is the complete break down below:
- Invest $100 to $999 and receive a daily variable ROI rate for 219 days
- Invest $1000 to $4999 and receive a daily variable ROI rate plus 0.15% bonus daily rate for 159 days
- Invest $5000 to $9999 and receive a daily variable ROI rate plus 0.25% bonus daily rate for 99 days
- Invest $10,000 to $50,000 and receive a daily variable ROI rate plus 0.35% bonus daily rate for 69 days
When you sponsor new members into the company, you can paid through a unilevel compensation plan structure.
Note you are paid a percentage of the invested funds by your downline members:
- Level 1 (personally sponsored affiliates) – 8%
- Level 2 – 3%
- Level 3 – 1%
- Level 4 – 0.5%
- Level 5 – 0.2%
- Level 6 and deeper – 0.1%
Cost To Join TradeNetCoin
You can join TradeNetCoin for free, but you can only get referral commissions.
If you want to be part of their investment opportunity, you much purchase at least 50 TNC points.
The moment you have been waiting for inside of this TradeNetCoin review…
Verdict On TradeNetCoin
As of right now the whole ICO lending opportunities have been going under company after company so TradeNetCoin decided to address that by writing this:
3. Why is TradeNetCoin not a fraud or Ponzi scheme?
The Ponzi scheme is based on the pyramid, when it is necessary to attract investments of new and new investors to pay dividends.
We do not seek to attract a large number of new investors to pay dividends to existing ones.
We use money of investors for investments in our existing businesses, from which profits we pay dividends.
Agree, this does not seem to be the usual scheme of Ponzi.
The problem with this business model is it’s COMPLETELY illegal in the US and Canada.
They need to be registered with the SEC which they are not…
Not only that, the owner(s) are not transparent on who they are…
Why would you invest in something if you don’t even know who runs the company?
But let’s take it a step further…
If they really figured out how to pull in 150% ROI per month, why would they need affiliate investments?
After a short period of time they will stop meeting ROI payments and then the website will be gone.
I do NOT recommend TradeNetCoin…
I hope you enjoyed my TradeNetCoin review and if you have any questions, please leave them in the comments below…
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