Mind Capital Review – Legit 1.8% Daily ROI Biz or Scam?
Welcome to my Mind Capital Review!
This is one of the latest business opportunities to pop up in the cryptocurrency MLM niche and I decided to take a deeper look.
Maybe someone approached you about this on social media and you landed here 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.
Find out of this is legit or a massive scam!
Just so you know I am NOT an affiliate so this is going to be 100% third party unbiased.
Also I want to know that I am PRO network marketing meaning there are TONS of legit companies out there that I have reviewed…
Mind Capital Review – The Company
Mind Capital specializes in the cryptocurrency MLM niche like I said earlier.
When I personally look into joining a MLM of any kind, I make sure their leadership is top notch.
Having that said…
This company fails to give you any contact information on the website.
When I looked at some marketing material, the company apparently is opening offices in Madrid in December of 2019.
In the marketing material, Mind Capital cites Gonzalo Garcia-Pelayo as the owner.
He is apparently a gambling expert according to their marketing stuff…
His claim to fame is “beating roulette” through the study of the roulette wheel flaws.
When digging deeper into this mans history, I found that I couldn’t see any information on him ever running a network marketing company.
Not sure why he would start a cryptocurrency MLM at this time…
Alright, that’s all I got on the company, let’s keep going!
Mind Capital Reviews – The Products
Products are VERY important when it comes to network marketing because that is what keeps retention.
If you ever ran any kind of business, it’s cheaper to keep an existing customer compared to acquiring a new one.
Mind Capital on the other hand has no retail products or services, but you can promote the affiliate membership.
Not looking good so far…
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Mind Capital Compensation Plan
Mind Capital have affiliates invest any where between $100 to $100,000 on a promise they will get a 0.5% to 1.5% ROI.
Weird thing is if they truly could produce those results, why would they need affiliates?
Anyway, commissions are paid when affiliates sponsor people who invest…
Residual commissions are paid through Mind Capital’s unilevel compensation plan structure.
They cap their unilevel at ten levels deep.
Commissions are paid on a percentage of the returns paid across the unilevel team:
- Level 1 (Personally sponsored affiliates) – 8%
- Level 2 – 4%
- Level 3 and 4 (Produce $5000 in downline investment volume) – 3%
- Level 5 and 6 (Produce $15,000 in downline investment volume) – 2%
- Level 7 and 8 (Produce $50,000 in downline investment volume) – 2%
- Level 9 and 10 (Produce $100,000 in downline investment volume) – 2%
Cost To Join Mind Capital
Mind Capital membership will run you at least $100.
You can use a credit card, funding of Mind Capital’s investment positions take place in bitcoin.
Credit card payments are converted into bitcoin…
Withdrawals are also in bitcoin.
MindCapital Overview Video
Alright so does the “Mind Capital Scam” exist?
Apparently they generate their external income through AI algorithms developed to find buying/selling opportunities.
Pretty much a trading bot that MLM crypto companies always say…
Unfortunately I couldn’t find any proof of this bot in action…
Now they have a “see the system in action” link which goes to a login page.
They might show some bot in action, but then again doesn’t take much to fake this because lots of crypto MLM companies have done this and scammed many people.
The real test is this…
If you could generate those types of ROI’s, WHY would you need affiliates?
You could get a small bank loan and crush it with these results.
NO affiliates needed.
Plus they claim they were successful in the past according to their FAQ:
We have been researching and developing our platform for a long tiem and although it is true that so far our results have been positive…
If they made the money, why need more from affiliates?
Also Mind Capital isn’t registered with any securities regulators…
Once you start making ROI claims, you MUST be registered in the countries you operate in…
Anyway, this company is just a ponzi because they have no proof of external income AND they are not registered with any securities regulators…
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