CoupeCoin Review – Legit Opportunity or Another Scam?
Welcome to my CoupeCoin Review!
Whether you are brand new to the MLM world or you have been around for years, joining a new company is always a big decision.
And big decisions should never be made based on hype…
You are investing your hard-earned money and you want to ensure it’s in good hands!
In order to make your decision, you should learn everything you can about the company, their products and the compensation plan they offer.
And that’s exactly what I will provide you with in this blog.
So, keep reading to learn everything you need to know about CoupeCoin.
CoupeCoin Review – The Company
I wasn’t able to find any information on the CoupeCoin website about who owns or operates the company.
One thing I did find out was that the CoupeCoin website domain was registered privately as “coupecoin.com” on the 11th of October, 2016.
The company website also indicates that an “investment group based in Germany” is backing the company, but I couldn’t find any confirmation of this information.
However, there is some contradictory information in regards to this investment group, namely the fact that CoupeCoin claims that they are located in Delaware.
The second contradiction is the Seychelles address for a corporation called “Cesarone Future LTD”, which is provided on the contact page of the CoupeCoin website.
Current online estimates show that nearly a quarter of online traffic to the company website comes out of India.
CoupeCoin Reviews – The Products
CoupeCoin does not have retail products or services to offer retail customers or affiliates.
Affiliates who sign up with CoupeCoin simply market the affiliate membership.
CoupeCoin affiliate membership also come with access to an online marketing platform.
The CoupeCoin Compensation Plan
Affiliates who take part in the CoupeCoin compensation plan must invest in tokens, which are then converted into CoupeCoins:
- Level 1 (€55 EUR) – 550 tokens
- Level 2 (€110 EUR) – 1200 tokens
- Level 3 (€275 EUR) – 3300 tokens
- Level 4 (€550 EUR) – 6900 tokens
- Level 5 (€1100 EUR) – 14,500 tokens
- Level 6 (€2750 EUR) – 35,000 tokens
- Level 7 (€5500 EUR) – 78,000 tokens
- Level 8 (€8250 EUR) – 125,000 tokens
- Level 9 (€11,000 EUR) – 120,000 tokens (not a typo)
- Level 10 (€33,000 EUR) – 400,000 tokens
- Level 11 (€55,000 EUR) – 640,000 tokens
- Level 12 (€110,000 EUR) – 1,500,000 tokens
Conversions from tokens to CoupeCoins are done through the CoupeCoin company.
CoupeCoin is a cryptocurrency that cannot be publicly traded.
Affiliates can only convert it into real money through a “CoupeCoin online store”, which is an internal exchange only accessible by the affiliates.
CoupeCoin assigns the value to their CoupeCoins.
When affiliates request a withdrawal it must be approved, after which they can convert the CoupeCoins into an ROI.
ROIs are paid out at the current value of CoupeCoin, which is decided upon and set by CoupeCoin itself.
Commissions are paid out to affiliates based on the investment volume they generate through sponsorship.
While there is no specific information provided, it seems to be a unilevel type compensation structure.
According to the available information, affiliates must buy in at a minimum €275 EUR (Level 3) in order to qualify for recruitment commissions.
CoupeCoin affiliates who buy in at level 8 (€8250 EUR) or higher qualify for a “Special Incentive”.
What this “special incentive” is…is unclear on the website.
Cost To Join CoupeCoin
The cost to join CoupeCoin as an affiliate is an investment of anywhere between €55 and €110,000 EUR.
Verdict on CoupeCoin
So here we have a business model that is based on cryptocurrency…
So what is the problem with this?
Well, this particular cryptocurrency has a value that is set by the company itself and can’t be traded publicly…
This means that this cryptocurrency has absolutely NO value outside of the company…
So, if the company goes under for any reason, affiliates will lose out big time…
This is a huge risk for anyone who invests in the company…
So, my advice here…
If you join, do it at your own risk and know exactly what you are getting into…
I hope you enjoyed my CoupeCoin review, and if you have any questions, please leave them in the comments below…
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