EmpowerCoin Review – Legit Business or Just A Big Scam? Find Out…
Welcome to my EmpowerCoin Review!
There are so many new MLM opportunities online these days…
So how can you figure out which ones are legit and which ones aren’t?
Read and learn as much as you possibly can about the company before diving in.
This is one of the best ways to ensure that your money is in good hands!
My review will provide you with the company background, the products and the compensation plan.
So let’s jump in!
EmpowerCoin Review – The Company
EmpowerCoin does not offer any information on their company website in regards to who owns or operates the business.
The EmpowerCoin website domain was registered privately as “empowercoin.com” on the 19th of April, 2017.
I did find several German marketing websites that are hosted on the same private server that hosts the EmpowerCoin website, so it’s likely that whoever owns or runs EmpowerCoin is based in Germany.
Note the company also refers themselves as “EcoinPlus”.
EmpowerCoin Reviews – The Products
EmpowerCoin does not have any retail products or services to offer.
Affiliates who sign up with EmpowerCoin simply market the affiliate membership.
The EmpowerCoin Compensation Plan
Participating in the company compensation plan requires affiliates to invest between 0.1 to 10 BTC for a 200% ROI.
- E2 – Invest 0.1 BTC and receive a 200% ROI after 90 days
- E3 – Invest 0.3 BTC and receive a 200% ROI after 90 days
- E4 – Invest 0.5 BTC and receive a 200% ROI after 90 days
- E5 – Invest 1 BTC and receive a 200% ROI after 90 days
- E6 – Invest 2 BTC and receive a 200% ROI after 60 days
- E7 – Invest 4 BTC and receive a 200% ROI after 50 days
- E8 – Invest 10 BTC and receive a 200% ROI after 50 days
Affiliates earn residual commissions on invested funds and are paid through a binary compensation structure.
This type of compensation structure puts an affiliate at the top of a binary team that splits into a left and right side.
Level 1 of the binary team holds 2 positions and level 2 is created by adding another 2 positions under each of the first two, for a total of 4 positions.
Additional binary team levels are made as needed, and every new level holds twice as many positions as the level above it.
Binary team positions are filled by direct and indirect sponsorship of affiliates.
Currently, there is no limit as to how deep the binary team can grow.
EcoinPlus counts up new investment volume on both binary team sides at the end of every day.
Affiliates earn a percentage of matched funds on both sides of the binary.
The amount they earn is based on how much they have invested:
- E2 affiliates earn a 6% residual commission (capped at 0.2 BTC a day and 6 BTC a month)
- E3 affiliates earn a 7% residual commission (capped at 0.6 BTC a day and 18 BTC a month)
- E4 affiliates earn a 9% residual commission (capped at 1 BTC a day and 30 BTC a month)
- E5 affiliates earn an 11% residual commission (capped at 2 BTC a day and 60 BTC a month)
- E6 affiliates earn a 15% residual commission (capped at 4 BTC a day and 120 BTC a month)
- E7 affiliates earn a 20% residual commission (capped at 8 BTC a day and 240 BTC a month)
- E8 affiliates earn a 22% residual commission (capped at 20 BTC a day and 600 BC a month)
Cost To Join EmpowerCoin
The cost to join EmpowerCoin as an affiliate is an investment in 1 of 9 affiliate packages:
- E1 – 0.05 BTC (no ROI, only residual binary commissions)
- E2 – 0.1 BTC
- E3 – 0.3 BTC
- E4 – 0.5 BTC
- E5 – 1 BTC
- E6 – 2 BTC
- E7 – 3 BTC
- E8 – 4 BTC
Income potential in the company compensation plan is the main difference between each of the packages.
Verdict on EmpowerCoin
Alright, so now that we now a little more about EmpowerCoin…
What’s the verdict?
Well, their claim that you can get 200% ROI doesn’t really hold up…
Their claim is that these ROIs are generated through bitcoin trading…
But like any currency trading, it’s impossible to predict a consistent return…
Markets are up and down all the time…
So the only way they can deliver on their promise is to continually recruit new affiliates who will buy in and invest their own money…
These funds are then used to pay out older existing affiliates…
But this isn’t consistent either…
Because recruitment numbers will never stay as high as they are at the start…
So, my advice here is to take extreme caution when considering a company like this…
Reminds me of another company that claims crazy ROI’s through trading but show no proof called Gladiacoin.
I hope you enjoyed my EmpowerCoin review and if you have any questions, please leave them in the comments below…
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