IQ Chain Review – Biggest Scam of The Year? Not What You Think…
Welcome to my IQ Chain Review!
There has been some buzz about this company so I decided to check it out for myself…
Chances are someone approached you about the business opportunity and now you landed here to make sure it’s legit.
The good news is that I am going to walk you through the company, products and compensation plan so you can make the right decision…
Just makes sure you PAY close attention and read this to the end…
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Now back to this IQ Chain review…
IQ Chain Review – The Company
IQ Chain was originally called Ormeus Global that launched last year.
It had it’s own altcoin and they started to publicly trade it in October, 2017.
They started at $5 per coin, but dropped to just over $1…
By April of 2018, it dropped to 88 cents…
Due to this, it looks like Ormeus Global stopped paying their affiliates commissions.
Now last month, IQ Chain came out of no where…
Their website was first registered back in 2012 and was updated in April 2nd of 2018.
What is IQ Chain
IQ Chain seems to be the same as Ormeus Global but rebranded of course.
Maybe due to the fact they weren’t doing well? Who knows…
Let’s check out the products next inside of this IQ Chain review…
IQ Chain Reviews – The Products
IQ Chain doesn’t seem to have any retail products or services, but you can promote the affiliate membership.
I did see some references on the Ormeus Global website about “Ormeus QI” which is a range of supplements that is available to affiliates only as of right now…
IQ Chain Compensation Plan
IQ Chain members invest in Ormeus Cash and Ormeus Coin which looks like the following below:
- Copper – invest $500 and receive $120 in Ormeus Coin and $60 in Ormeus Cash
- Bronze – invest $1000 and receive $240 in Ormeus Coin and $120 in Ormeus Cash
- Titanium – invest $3000 and receive $720 in Ormeus Coin and $360 in Ormeus Cash
- Silver – invest $5000 and receive $1200 in Ormeus Coin and $600 in Ormeus Cash
- Sterling Silver – invest $10,000 and receive $2400 in Ormeus Coin and $1200 in Ormeus Cash
- Gold – invest $30,000 and receive $7200 in Ormeus Coin and $1500 in Ormeus Cash
- Rose Gold – invest $50,000 and receive $12,000 in Ormeus Coin and $6000 in Ormeus Cash
- White Gold – invest $100,000 and receive $24,000 in Ormeus Coin and $12,000 in Ormeus Cash
- Gold Founder – invest $250,000 and receive $60,000 in Ormeus Coin and $30,000 in Ormeus Cash
IQ Chain does have two other affiliate ranks that can’t be purchased called Platinum Founder and Presidential Founder:
- Platinum Founder – qualify as a Gold Founder and recruit at least two Gold Founders or generate 1,000,000 GV a month
- Presidential Founder – qualify as a Platinum Founder and recruit at least two Platinum Founders or generate 2,500,000 GV a month
In other words, you gotta earn them…
IQ Chain Trading Bot ROI
IQ Chain seems to be leveraging Ormeus Global’s “B2x89” trading bot that can produce up to 160% ROI.
Ormeus Global is charging $1500 per year for licensing this bot:
- Copper – $80 trading bot investment credit (fee waived for one year)
- Bronze – $160 trading bot investment credit (fee waived for one year)
- Titanium – $480 trading bot investment credit (fee waived for one year)
- Silver – $800 trading bot investment credit (fee waived for one year)
- Sterling Silver – $1600 trading bot investment credit (fee waived for two years)
- Gold – $4800 trading bot investment credit (fee waived for two years)
- Rose Gold – $8000 trading bot investment credit (fee waived for three years)
- White Gold – $16,000 trading bot investment credit (fee waived for three years)
- Gold Founder – $40,000 trading bot investment credit (fee waived for four years)
- Platinum and Presidential Founder – not disclosed
Sponsoring Commissions In IQ Chain
You can get paid to sponsor new members into this company that invest.
You get paid on the investments of your members and the amount you get will depend on your affiliate rank:
- Copper affiliates receive a 6% commission
- Bronze affiliates receive a 7% commission
- Titanium affiliates receive an 8% commission
- Silver affiliates receive a 9% commission
- Sterling Silver affiliates receive a 10% commission
- Gold affiliates receive an 11% commission
- Rose Gold affiliates receive a 12% commission
- White Gold affiliates receive a 13% commission
- Gold Founder affiliates receive a 15% commission
- Platinum Founder and Presidential Founders receive a 20% commission
Residual Commissions In IQ Chain
You can get paid residuals through a binary compensation plan structure.
These positions can be filled up directly or indirectly by sponsoring members into your downline.
Basically when a position is filled, points are generated on the investment:
- Copper affiliates generate 1500 points
- Bronze affiliates generate 3000 points
- Titanium affiliates generate 9000 points
- Silver affiliates generate 15,000 points
- Sterling Silver affiliates generate 30,000 points
- Gold affiliates generate 90,000 points
- Rose Gold affiliates generate 150,000 points
- White Gold affiliates generate 300,000 points
- Gold Founder affiliates generate 750,000 points
- Platinum Founder affiliates generate 1,000,000 points
- Presidential Founder affiliates generate 2,500,000 points
Now a commission is paid on the lesser leg of the binary every week:
- Copper affiliates earn a 6% residual binary commission, capped at $1500 a week
- Bronze affiliates earn a 7% residual binary commission, capped at $3000 a week
- Titanium affiliates earn an 8% residual binary commission, capped at $6000 a week
- Silver affiliates earn a 9% residual binary commission, capped at $15,000 a week
- Sterling Silver affiliates earn a 10% residual binary commission, capped at $30,000 a week
- Gold affiliates earn an 11% residual binary commission, capped at $45,000 a week
- Rose Gold affiliates earn a 12% residual binary commission, capped at $60,000 a week
- White Gold affiliates earn a 13% residual binary commission, capped at $75,000 a week
- Gold Founder affiliates earn a 15% residual binary commission, capped at $105,000 a week
- Platinum Founder affiliates earn a 20% residual binary commission, capped at $120,000 a week
- Presidential Founder affiliates earn a 20% residual binary commission, capped at $175,000 a week
Infinity Bonus Payout
You can get paid an infinity bonus through a unilevel compensation plan structure.
This is a percentage match of the residual commissions earned by your team:
- Copper affiliates do not receive the Infinity Bonus
- Bronze affiliates receive a 3% match on one level (personally recruited affiliates)
- Titanium affiliates receive a 3% match down two levels
- Silver affiliates receive a 3% match down three levels
- Sterling Silver affiliates receive a 3% match down four levels
- Gold affiliates receive a 3% match down five levels
- Rose Gold affiliates receive a 3% match down six levels
- White Gold affiliates receive a 3% match down seven levels
- Gold Founder affiliates receive a 1% match until another Gold Founder or higher affiliate is found
- Platinum Founder affiliates receive a 1% match until another Gold Founder or higher affiliate is found
- Presidential Founder affiliates receive a 3% match until another Gold Founder or higher affiliate is found
Coin Distribution Contract
There isn’t really any information on this, but they do mention it in their compensation plan.
I do know the dollar mounts provided:
- Copper – $500
- Bronze – $1000
- Titanium – $3000
- Silver – $5000
- Sterling Silver – $10,000
- Gold – $30,000
- Rose Gold – $50,000
- White Gold – $100,000
- Gold Founder – $250,000
- Platinum and Presidential Founder – not disclosed
Cost To Join IQ Chain
IQ Chain can cost any where between $500 to $800,000+…
Basically the more you invest, the higher income potential in their compensation plan.
The moment you have been waiting for inside of this IQ Chain review…
Verdict On IQ Chain
After checking out everything, this is clearly a reboot of Ormeus Global….
The problem with that is they haven’t changed anything meaning it’s going to go in the same direction.
Plus, Ormeus Coin and Ormeus Cash is completely useless outside of the company.
Because of that, I give IQ Chain the following rating: [yasr_overall_rating]
In other words, I do NOT recommend this company at all…
They stopped paying affiliates in the previous one, what makes you think they won’t do that again?
Anyway, I hope you enjoyed my IQ Chain review and if you have any questions, please leave them in the comments below…
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