Fincrypt Global Review – Legit Company or Just Another Scam?
Welcome to my Fincrypt Global Review!
Every day it seems like 10 new MLM companies are popping up, and it can be difficult to know which ones are legit and which ones aren’t…
So, you want to join an online company, but you don’t know where to start?
Well, you’ve come to the right place!
One of the best things you can do before jumping in to a new company is thoroughly research it.
This review will dig in to the company, the products and the compensation plan.
Let’s get started!
Fincrypt Global Review – The Company
The Fincrypt Global website lists Joe William as the Director & Chief Visionary Officer of the company.
Other than his name and title, there is no further information about William.
The Fincrypt Global website domain was registered privately as “fincryptglobal.com” on the 6th of June, 2017.
Online traffic estimates show that 100% of the company website’s traffic comes out of India.
This likely means that whoever is running Fincrypt Global is probably living in India as well.
This likelihood is backed up by the use of “$1 crore” in the Fincrypt Global’s compensation plan.
Another home base possibility is the UK, as Fincrypt Global says that their compensation plan runs on “UK time”.
Fincrypt Global Reviews – The Products
Fincrypt Global does not offer any retail products or services.
Affiliates who sign up with Fincrypt Global simply market the affiliate membership.
The Fincrypt Global Compensation Plan
Fincrypt Global affiliates are required to invest money for an advertised 24 month ROI:
- Starter – Invest $200 and receive a 180% ROI
- Classic – Invest $500 and receive a 180% ROI
- Pro – Invest $1000 and receive a 200% ROI
- Elite – Invest $2000 and receive a 200% ROI
- Mega – Invest $5000 and receive a 220% ROI
- Star – Invest $10,000 and receive a 220% ROI
- Premium – Invest $25,000 and receive a 230% ROI
- Ultima – Invest $50,000 and receive a 250% ROI
Affiliates earn their ROIs monthly, with withdrawal frequency potentially adding an ROI bonus:
- Withdraw monthly = 100% ROI (above rates)
- Withdraw quarterly = 20% ROI bonus
- Withdraw every six months = 30% ROI bonus
- Withdraw annually = 40% bonus
- Withdraw after full two years = 50% bonus
There is also a 5% direct referral commission that is paid on funds invested by personally sponsored affiliates.
It should be noted that there is a 10% fee that applies to all commission withdrawals.
Fincrypt Global affiliates earn residual commissions that are tracked and 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 two positions under each of the first two, for a total of 4 positions.
Additional binary team levels are created 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, with no limit as to how deep the binary team can grow.
Fincrypt Global counts up newly invested funds on each side of the team at the end of every day.
Affiliates earn 10% of matched funds, and any unmatched funds on the stronger side of the team are carried over.
Rsidual commissions are capped daily and depend on the amount a Fincrypt Global affiliate has invested:
- Starter affiliates are capped at $200 daily
- Classic affiliates are capped at $500 daily
- Pro affiliates are capped at $1000 daily
- Elite affiliates are capped at $2000 daily
- Mega affiliates are capped at $5000 daily
- Star and higher affiliates are capped at $12,000 daily
The company’s compensation plan describes a “Leadership Bonus” that uses a unilevel compensation structure.
A unilevel compensation structure puts an affiliate at the top of a unilevel team that places each personally sponsored affiliate immediately under them on level 1.
When a level 1 affiliate sponsors new affiliates, they are put on the second level of the original affiliate’s unilevel team.
When a level 2 affiliate sponsors new affiliates, they are put on the third level, and this continues on down as many levels as are needed.
The Leadership Bonus is capped by Fincrypt Global at 8 levels, like this:
- Level 1 – 1%
- Level 2 – 0.75%
- Levels 3 to 5 – 0.5%
- Levels 6 to 8 – 0.25%
Exactly what the Leadership Bonus is paid out on is not disclosed.
Fincrypt Global affiliates earn a Performance Bonus that is based on the amount their downline invests:
- Generate $2000 in weaker binary side investment volume ($500 of which is direct) and receive $100
- Generate $10,000 in weaker binary side investment volume ($2500 of which is direct) and receive $250
- Generate $50,000 in weaker binary side investment volume ($10,000 of which is direct) and receive $1000
Joining Fincrpyt Global
The cost to join Fincrypt Global as an affiliate is free, but affiliates are required to invest between $200 and $50,000 to take part in the compensation plan.
Verdict on Fincrypt Global
Again, we have a company that claims they generate ROIs through cryptocurrency trading…
But with no concrete proof that any trading is taking place….
And no real products or services being offered…
The only generated income here that can be verified is new affiliate investment….
But once the new affiliate pool dries up, so will the ROI payouts…
And then affiliates will start to jump ship…
So, join at your own risk!
I hope you enjoyed my Fincrypt Global review and if you have any questions, please leave them in the comments below….
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