iCan2 Club Review: Vaaluta Coin (VLT) Points & Gambling or Scam?
Welcome to my iCan2 Club Review!
There has been some buzz about this company lately and I decided to investigate what it was all about…
Chances are someone approached you about their VLT coin and now you want to make sure it’s something 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.
Before I started, if you ever wanted to succeed in your business or build a business from scratch online step by step…
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Anyway, let’s get back into it shall we?
iCan2 Club Review – The Company
When checking their website, they have no information on who runs or owns the company.
Right now, it’s just an affiliate login screen…
What I do know is that the iCan2 Club website domain “ican2.club” was registered on June 13th, 2018 and there is an address from Norway.
However, their terms and conditions shows they are from Hong Kong.
iCan2 Club doesn’t have any physical presence in Hong Kong…
That’s all I got on the company, let’s take a look at the products…
iCan2 Club Reviews – The Products
iCan2 Club has no retail products or services, but you can promote the affiliate membership.
If you are looking for reviews on mlm companies with actual products, check this out:
Alright, next let’s look at the compensation plan inside of this iCan2 Club review…
iCan2 Club Compensation Plan
iCan2 Club members can invest funds into the company on a daily ROI for a year.
- iTrainee – No daily ROI
- iTeam – Invest €1100 and receive a 0.1% daily ROI rate
- iPower – Invest €3300 and receive a 0.25% daily ROI rate
- iGold – Invest €5700 and receive a 0.25% daily ROI rate
- iDiamond – Invest €16,000 and receive a 0.25% daily ROI rate
- iPlatinum – Invest €27,000 and receive a 0.25% daily ROI rate
- iPresident – Invest €100,000 and receive a 0.25% daily ROI rate
- iFounder – Invest €250,000 and receive a 0.25% daily ROI rate
When you invest in iCan2 Club, you get Vaaluta Coin (VLT) points:
- iTrainee (€300) – €200 worth of VLT
- iTeam (€1100) – €1000 worth of VLT
- iPower (€3300) – €3300 worth of VLT
- iGold (€5700) – €5700 worth of VLT
- iDiamond (€16,000) – €16,000 worth of VLT
- iPlatinum (€27,000) – €27,000 worth of VLT
- iPresident (€100,000) – €100,000 worth of VLT
- iFounder (€250,000) – €250,000 worth of VLT
These are pre-generated at no cost…
Also, I don’t see any exchange rate either for them.
iCan2 Club Trading ROI
iCan2 Club member who invest in the iGold package, they get access to iTrade.
This is apparently their cryptocurrency trading platform…
The amount you can invest will depend on which tier you invested in:
- iGold affiliates can invest up to €5000
- iDamond affiliates can invest up to €32,000
- iPlatinum affiliates can invest up to €81,000
- iPresident affiliates can invest up to €400,000
- iFounder affiliates have no iTrade investment limit
iCan2 Club member can get commissions for sponsoring new affiliates who invest:
- iTrainee affiliates get a 5% commission
- iTeam and higher affiliates get a 10% commission
iCan2 Club pays residuals through a binary compensation plan…
This just means you have a left and right leg right below you.
Each investment has a set number of binary points:
- iTrainee – 210 points
- iTeam – 700 points
- iPower – 2100 points
- iGold – 3990 points
- iDiamond – 11,200 points
- iPlatinum – 18,900 points
- iPresident – 70,000 points
- iFounder – 175,000 points
Each day, all of the volume is calculated on both legs and you get paid on the lesser leg.
The amount of commissions you get will depend on what you invested in:
- iTrainee affiliates receive a 5% residual commission rate capped at €600 a week
- iTeam affiliates receive a 5% residual commission rate capped at €2000 a week
- iPower affiliates receive a 10% residual commission rate capped at €6000 a week
- iGold affiliates receive a 10% residual commission rate capped at €11,400 a week
- iDiamond affiliates receive a 10% residual commission rate capped at €32,000 a week
- iPlatinum affiliates receive a 10% residual commission rate capped at €54,000 a week
- iPresident affiliates receive a 15% residual commission rate capped at €100,000 a week
- iFounder affiliates receive a 15% residual commission rate capped
There is even a higher level called iWorld and iDream which can get you 20% residual commissions, but haven’t seen the cap on it.
iCan2 Club Matching Bonus
iCan2 CLub pays you a matching bonus on residual commissions earn by your downline members.
This is paid through a unilevel compensation plan structure…
Right now, they cap their unilevel 5 levels deep and below is what you gotta do to hit the ranks:
- Sponsor at least two affiliates who invest (1 on both sides of the binary team) and earn an accumulated €500 EUR in residual commissions = 10% Matching Bonus on level 1 (personally sponsored affiliates)
- Sponsor at least four affiliates (2 on both sides of the binary team) and earn an accumulated €1500 EUR in residual commissions = 10% match on level 1 and 3% on level 2
- Sponsor at least eight affiliates (4 on both sides of the binary team) and earn an accumulated €5000 EUR in residual commissions = 10% match on level 1, 3% on level 2 and 2% on level 3
- Sponsor at least twelve affiliates (6 on both sides of the binary team) and earn an accumulated €15,000 EUR in residual commissions = 10% on level 1, 3% on level 2 and 2% on levels 3 and 4
- Sponsor at least twenty affiliates (10 on both sides of the binary team) and earn an accumulated €30,000 EUR in residual commissions = 10% on level 1, 3% on level 2 and 2% on levels 3 to 5
Infinity Bonus iCan2 Club
Infinity Bonus is for iFounder or higher members to earn more in the binary:
- iFounder affiliates who have sponsored at least forty affiliates (20 on both sides of the binary team) and have earned an accumulated €100,000 in residual commissions are paid a 1% Infinity Bonus
- iWorld affiliates who have sponsored at least fifty affiliates (25 on both sides of the binary team) and have earned an accumulated €250,000 in residual commissions are paid a 2% Infinity Bonus
- iDream affiliates who have sponsored at least seventy affiliates (35 on both sides of the binary team) and have earned an accumulated €500,000 in residual commissions are paid a 3% Infinity Bonus
Cost To Join iCan2 Club
To join iCan2 Club, you have to pay anywhere between €350 to €200,000 EUR investment.
- iTrainee – €300
- iTeam – €1100
- iPower – €3300
- iGold – €5700
- iDiamond – €16,000
- iPlatinum – €27,000
- iPresident – €100,000
- iFounder – €250,000
Verdict On iCan2 Club
So does the iCan2 Club scam exist?
Let’s take a look at a few facts first…
- We don’t know who runs or owns the company
- We have no idea on how these ROI’s are generated with proof
- They have no retail products or services
iCan2 Can does claim they generated their ROI through some kind of trading platform:
Agamas International has entered into a partnership with a public and fully regulated bank, that specializes in crypto
Together with their licenced traders they have created a unique crypto strategy.
The algorithm is updated several times per day to optimize the profit for participants.
The problem with this is simple…
ALL crypto mlm companies claim the same thing, but none can back it up with actual proof.
Plus, if they could generate those types of ROI’s, why even have affiliates?
Their VLT points are not publicly traded either, which makes them useless outside of the company.
It’s not like they are backed up with Gold or something lol.
Anyway, overall this company is a ponzi and pyramid scheme in one…
Now you wonder why the owner(s) are anonymous right?
Anyway, I do not recommend this company in my humble opinion…
I hope you enjoyed my iCan2 Club review and if you have any questions, feel free to ask in the comments below…
Also make sure you share this post on social media so the word can get out…
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