Tycoon69 Review - Legit Opportunity in 2019 or Huge Scam? Find Out...

Tycoon69 Review – Legit Opportunity in 2019 or Huge Scam? Find Out…

Welcome to my Tycoon69 Review!

There has been some buzz about this company, so I decided to check it for myself.

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.

Just make sure you pay close attention and read this to the end…

Also, if you want to learn the skills you need to actually build a business online, click here and check this out.

Tycoon69 Review – Company

Tycoon69 review

Tycoon69 also calls it’s self “the ico network” and specializes in the MLM cyrptocurrency niche.

There is a corporate address found in Switzerland in the footer of Tycoon69’s website.

However, there is no information on the website on who runs the show…

There are marketing videos on Tycoon69 where someone named Stefan Hostettler explains the company.

Not sure if he runs or owns it because he doesn’t mention it.

Anyway, that’s all I got on the company, let’s take a look at the products next inside of this Tycoon69 review…

Tycoon69 Reviews – Products

Tycoon69 doesn’t have any retail products or services, but you can become an affiliate and promote their affiliate membership.

You also get access to an ebook library and personal coaching membership.

Tycoon69 Compensation Plan

Tycoon69 members invest into something called MCV points:

  • Basic – Invest €50 EUR and receive 104 MCV points
  • Bronze – Invest €250 EUR and receive 336 MCV points
  • Silver – Invest€500 EUR and receive 632 MCV points
  • Gold – Invest€1000 EUR and receive 1207 MCV points
  • Platinum – Invest€2948 EUR and receive 2948 MCV points
  • Diamond – Invest€5000 EUR and receive 5907 MCV points
  • Professional – Invest€10,000 EUR and receive 12,073 MCV points
  • Founder – Invest€25,000 EUR and receive 30,132 MCV points
  • Investor I – Invest€50,000 EUR and receive 64,191 MCV points
  • Investor II – Invest€100,000 EUR and receive 128,382 MCV points

Just so you know that the MCV points are not publicly traded, there are only used inside of this company.

Commissions are paid when you sponsor people who invest in MCV points.

Tycoon69 Ranks

Tycoon69 has fifteen ranks in total within their compensation plan.

Below is the qualifications needed to hit them:

  • Coin Trainee – Get started as a Tycoon69 affiliate and invest
  • Coin Team Builder – Generate and maintain at least €1000 EUR in monthly downline investment volume
  • Coin Manager – Generate and maintain at least €2500 EUR in monthly  downline investment volume
  • Coin Coordinator – Generate and maintain at least €5000 EUR in monthly downline investment volume
  • Coin Expert – Generate and maintain at least €10,000 EUR in monthly downline investment volume and maintain at least two personally recruited Coin Managers
  • Coin Supervisor – Generate and maintain at least €25,000 EUR in monthly downline investment volume and maintain at least two personally sponsored Coin Coordinators
  • Coin Officer – Generate and maintain at least €50,000 EUR in downline investment volume and maintain at least two personally sponsored Coin Experts
  • Coin Director – Generate and maintain at least €100,000 EUR in downline investment volume and maintain at least two personally sponsored Coin Supervisors
  • Coin Executive – Generate and maintain at least €250,000 EUR in monthly downline investment volume and maintain at least two personally sponsored Coin Officers
  • Coin Master – Generate and maintain at least €500,000 EUR in monthly downline investment volume and maintain at least three personally sponsored Coin Directors
  • Coin Vice President – Generate and maintain at least €1,000,000 EUR in monthly downline investment volume and maintain at least four Coin Officers in your downline (can be directly or indirectly sponsored)
  • Coin President – Generate and maintain at least €2,500,000 EUR in monthly downline investment volume and maintain at least eight Coin Directors in your downline (can be directly or indirectly sponsored)
  • Coin Chairman – Generate and maintain at least €5,000,000 EUR in monthly downline investment volume and maintain at least sixteen Coin Executives in your downline (can be directly or indirectly sponsored)
  • Coin Baron – Generate and maintain at least €10,000,000 EUR in monthly downline investment volume and maintain at least thirty-two Coin Masters in your downline (can be directly or indirectly sponsored)
  • Coin Tycoon – Generate and maintain at least €25,000,000 EUR in monthly downline investment volume and maintain at least sixty-four Coin Vice Presidents in your downline (can be directly or indirectly sponsored)

Tycoon69 Residual Commissions

All residuals inside of Tycoon69 is paid through a unilevel compensation plan structure.

Residuals are paid as a percentage of the MCV invested volume generated across all levels:

  • Coin Trainees earn 10% on level 1 (Personally sponsored members)
  • Coin Team Builders earn 10% on level 1 and 0.5% on level 2
  • Coin Managers earn 10% on level 1 and 1% on level 2
  • Coin Coordinators earn 10% on level 1, 1.5% on level 2 and 0.3% on level 3
  • Coin Experts earn 10% on level 1, 2% on level 2 and 0.6% on level 3
  • Coin Supervisors earn 10% on level 1, 2.5% on level 2 and 0.9% on level 3
  • Coin Officers earn 10% on level 1, 2.5% on level 2 and 1.2% on level 3
  • Coin Directors earn 10% on level 1, 2.5% on level 2, 1.5% on level 3 and 0.2% on level 4
  • Coin Executives earn 10% on level 1, 2.5% on level 2, 1.5% on level 3 and 0.4% on level 4
  • Coin Masters earn 10% on level 1, 2.5% on level 2, 1.5% on level 3, 0.6% on level 4 and 0.1% on level 5
  • Coin Vice Presidents earn 10% on level 1, 2.5% on level 2, 1.5% on level 3, 1% on level 4 and 0.2% on level 5
  • Coin Presidents earn 10% on level 1, 2.5% on level 2, 1.5% on level 3, 1% on level 4, 0.3% on level 5 and 0.1% on level 6
  • Coin Chairmans earn 10% on level 1, 2.5% on level 2, 1.5% on level 3, 1% on level 4, 0.5% on level 5 and 0.2% on level 6
  • Coin Barons earn 10% on level 1, 2.5% on level 2, 1.5% on level 3, 1% on level 4, 0.5% on level 5 and 0.3% on level 6
  • Coin Tycoons earn 10% on level 1, 2.5% on level 2, 1.5% on level 3, 1% on level 4, 0.5% on levels 5 and 6

Coin Tycoon rate is paid on all residual commissions.

Higher ranked members can earn the difference between their rank commission rate and lower ranked members in their downline team.

Difference is paid until a Coin Tycoon ranked member is found.

PowerLine Commissions (PowerBoost)

Tycoon69s Powerline is basically the affiliates who join after you did.

These affiliates can be sponsored by either you or other members.

Basically, Tycoon69 puts 5% of the invested funds company wide into this Powerline.

Members who invest at the Platinum and higher levels are give positions like the following:

  • Platinum – 1 Powerline position
  • Diamond – 2 Powerline positions
  • Professional – 3 Powerline positions
  • Founder – 5 Powerline positions
  • Investor I – 10 Powerline positions
  • Investor II – 20 Powerline positions

If you are not a Platinum affiliate, you can still purchase these positions, but couldn’t find what the cost was…

For every €250 EUR in your downline as volume, you can withdraw €6.9 EUR through the Powerline.

When that happens, they call it a “PowerBoost”.

You can’t have more than 33.3% of that money sourced from one unilevel leg.

Powerline withdraws do have a cap and it depends on the amount you invested:

  • Basic affiliates are capped at three PowerBoosts withdrawals a day (€20.7 EUR)
  • Bronze affiliates are capped at fifteen PowerBoosts withdrawals a day (€103.50 EUR)
  • Silver affiliates are capped at fifty PowerBoost withdrawals a day (€345 EUR)
  • Gold affiliates are capped at eighty PowerBoost withdrawals a day (€552 EUR)
  • Platinum affiliates are capped at one hundred and twenty PowerBoost withdrawals a day (€828 EUR)
  • Diamond affiliates are capped at two hundred and twenty PowerBoost withdrawals a day (€1518 EUR)
  • Professional affiliates are capped at three hundred and fifty PowerBoost withdrawals a day (€2415 EUR)
  • Founder affiliates are capped at five hundred PowerBoost withdrawals a day (€3450 EUR)
  • Investor I affiliates are capped at seven hundred and fifty PowerBoost withdrawals a day (€5175 EUR)
  • Investor II affiliates are capped at one thousand PowerBoost withdrawals a day (€6900 EUR)

Tycoon69 PowerLine Shares

So Tycoon69 takes another 5% of company wide volume and puts it in this Powershares pool.

It’s divided amount the affiliates in your pool.

The amount you get will depend on how much you invested:

  • Basic affiliates receive 1 PowerShare
  • Bronze affiliates receive 5 PowerShares
  • Silver affiliates receive 10 PowerShares
  • Gold affiliates receive 20 PowerShares
  • Platinum affiliates receive 50 PowerShares
  • Diamond affiliates receive 100 PowerShares
  • Professional affiliates receive 200 PowerShares
  • Founder affiliates receive 500 PowerShares
  • Investor I affiliates receive 1000 PowerShares
  • Investor II affiliates receive 2000 PowerShares

Million Dollar Bonus

If you can generate $10,000 in downline volume January 31st, 2019 and generate at least $10,000,000 by the end of the year, you can get a one million dollar bonus.

This isn’t even in euros, but dollars.

Cost To Join Tycoon69

Tycoon69 membership will run you anywhere between a €50 EUR to €100,000 EUR investment.

Now the moment you have been waiting for inside of this Tycoon69 review…

Final Verdict

So does the Tycoon69 scam exist?

Let’s take a look at some of the facts…

First, we don’t officially know who runs or owns the company…

Not even a management team.

Second, they have no retail products or services for sale, but give members the ability to promote the affiliate membership only.

MCV points are not publicly traded and are useless outside the company.

They also market that you can convert your MCV points into BCB4U which doesn’t even exist yet…

One MCV token equates to four BCB4U coins.

The BCB4U coin generation date will be determined by the BCB4U bank management after the bank license has been granted.

The BCB4U coin becomes the internal bank currency and loyalty coin for all internal and external banking services

Investors and clients can choose from a variety of services such as Debit – Credit Cards – Crypto Loans – Crypto Asset Management – Online Payments – Cashback & Loyalty.

Anyway, this smells like a big scam too me in my opinion…

I do not recommend this company because of the obvious reasons lol.

[yasr_overall_rating]

I hope you enjoyed my Tycoon69 review and if you have any questions, feel free to ask in the comments below…

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Tycoon69

-Jesse Singh

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