KickEX Review – Finally A Legit CrowdFunding MLM or Scam?
Welcome to my third party unbiased KickEX Review!
Lot of buzz about this company so I decided to take a look to see what it was all about.
Maybe someone approached you about the crowdfunding side and you landed here because you want to make sure it’s 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.
Just pay CLOSE attention to what I am going to write and read it to the end…
KickEX Company
KickEX has no information on their website about who runs or owns this company.KickEX
TI do know that the domain was registered as “kickex.com” initially in 2014 and was updated on the 24th of May, 2019.
When you check out their Facebook page the description says it’s a “financial service in Moscow, Russia”.
KickEX is some what connected to the KICK ecosystem, which is lead by founder and CEO Anti A. Danilevski.
Before getting involved in cryptocurrency, Danilevski was part of the video game industry.
In 2015, Danilevski was an angel investor for Whirl before transitioning into the role of Whirl Board Director in June 2017.
Danilevski’s LinkedIn profile states that Whirl is
“a socially driven, “pay it forward” crowdfunding platform built on the blockchain, designed to help individual projects, through mutual scalable support.”
We will see about that…
As far as I can tell, before KickEX Danilevski had no prior MLM experience.
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KickEX Products
All legit network marketing companies have products/services that they sell at the retail level.
However, KickEX has no retail products or services, but you can become an affiliate and promote their affiliate membership.
Bundled with this membership is access to an in-house cryptocurrency exchange…
KickEX Compensation Plan
When it comes to compensation plans, a good network marketing company would have great incentives for both retail sales and sponsoring new members.
Because KickEX has no retail products or services, it will be just the sponsoring part…
Members can earn commissions when their sponsored members pay exchange trading fee’s.
This is all tracked through a unilevel compensation plan which is capped at ten levels deep.
Below is the break down on of what you earn on these trading fee’s at a percentage:
- Level 1 (personally sponsored members) – 15%
- Level 2 – 10%
- Level 3 – 8%
- Level 4 – 6%
- Level 5 – 4%
- Level 6 – 3%
- Level 7 – 2%
- Level 8 – 1%
- Levels 9 and 10 – 0.5%
Joining KickEX
It will won’t cost you anything to join which is odd…
Final Verdict
SO does the KickEX scam exist?
The first sign was there are no retail products or services…
Also they have a KICK token which is useless outside the company and first launched at 24.9 cents
But now it’s worth 0.00082 of a cent…
Terrible deal lol.
I personally don’t recommend this company because of those two things alone…
I hope you enjoyed my KickEX review and if you have any questions feel free to ask below…
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-Jesse Singh
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