My Adsino Review – Legit Opportunity or Big Scam? Find Out Here…
Welcome to my My Adsino Review!
There has been a bit of buzz about this company lately, so I decided to look into myself.
I always say that research is the best way to find out if a company is a legit opportunity or not.
In this review, I will talk about the company, the products and the compensation plan.
Let’s dig in!
My Adsino Review – The Company
I wasn’t able to find any information on the company website about who runs or operates My Adsino.
I did peruse through the Terms and Conditions on the site, which stated that My Adsino is:
a registered trademark in the European Union which is operated by Red Deck Entertainment Ltd (HE 266289), a company established on the 22nd of April 2010 in Cyprus.
My Adsino the Lifestyle Network is regulated by the laws of Curacao (formerly Netherlands Antilles).
There is one individual who is listed as the only director of the company, and that is Kliridis Charalampos.
Other than a mention by Red Deck Entertainment Cyprus, there isn’t any other information about Charalampos.
Because the company doesn’t seem to provide much information about who runs it or where it operates from, it might be worth taking a second look before investing.
My Adsino Reviews – The Products
My Adsino does not offer any retail products or services.
Affiliates who sign up for the company can only market and sell the affiliate membership.
Affiliates can also take part in online casino games, along with the opportunity to invest in €50 EUR StarCoin positions.
When an affiliate invests in these StarCoin positions they receive credits that they can use to buy promotional items and services through My Adsino.
The My Adsino Compensation Plan
To participate in the My Adsino compensation plan affiliates are required to invest in €50 EUR StarCoin positions, and in return can earn a passive ROI.
Affiliates can also earn referral commissions when they sponsor new affiliates who make the same investment.
My Adsino Passive ROI
My Adsino claims that every €50 EUR StarCoin investment position will pay affiliates a daily ROI anywhere between 0.5% and 1.26% for 500 days.
What this means is that affiliates can earn a total ROI of between 250% and 630%.
Investments in My Adsino are capped at 2000 active StarCoin positions at any one time, which equals €100,000 EUR.
Referral Commission Payout
Affiliates in My Adsino can also earn referral commissions that are paid through a uni-level compensation structure.
What does a uni-level compensation structure in My Adsino look like?
It is a compensation structure that puts an affiliate at the top of a uni-level team that then places every personally sponsored affiliate right under them, making level 1.
When a level 1 affiliate brings in new affiliates, they are put on level 2 of the original affiliate’s uni-level team.
When a level 2 affiliate brings in new affiliates, they are put on level 3, etc.
Payable uni-level levels are capped by My Adsino at five.
These referral commissions that affiliates can earn are paid as a percentage of their StarCoin investment:
- Level 1 (Personally sponsored members) – 8%
- Level 2 – 8%
- Levels 3 to 5 – 2%
LifeLine Bonus Payout
If an affiliate wants to earn beyond these first five levels of their uni-level team, they can earn through the LifeLine Bonus.
The LifeLine Bonus comes with its own qualification criteria, which looks like this:
- Level 1 – Total down-line investment of at least 200 StarCoin positions
- Level 2 – Total down-line investment of at least 1000 StarCoin positions
- Level 3 – Total down-line investment of at least 2000 StarCoin positions
- Level 4 – Total down-line investment of at least 10,000 StarCoin positions
- Level 5 – Total down-line investment of at least 20,000 StarCoin positions
- Level 6 – Total down-line investment of at least 50,000 StarCoin positions
- Level 7 – Total down-line investment of at least 100,000 StarCoin positions
- Level 8 – Total down-line investment of at least 200,000 StarCoin positions
- Level 9 – Total down-line investment of at least 500,000 StarCoin positions
- Level 10 – Total down-line investment of at least 1,000,000 StarCoin positions
Every Starcoin investment made adds an additional 8% commission through this LifeLine Bonus.
The My Adsino website does not provide specific percentages for these levels.
It does seems that affiliates ranked at level 8 and higher also receive an extra 1% commission on the StarCoin investments made within their uni-level team (all levels).
Another bonus that is available to My Adsino affiliates is the Lifestyle Bonus, which is an incentive bonus that is based on the LifeLine Bonus ranks.
Again, there isn’t any in-depth information about this bonus, only a simple statement that says that ‘Lifestyle bonuses vary by season, country, running campaign and promotions’.
Cost To Join My Adsino
The cost to join My Adsino as an affiliate is free.
To fully participate in the My Adsino compensation plan, affiliates are required to invest a minimum of €50 EUR.
My Adsino Review – The Verdict
The biggest red flag about this company is it’s promising a daily ROI for 500 days with NO evidence of external income streams making those ROI’s.
Right now, all I see is affiliates new investments paying off existing members which in turn create this “500 day ROI”.
The problem with this method is it might do well for a few months, but once recruitment slows down so will the ROI.
When the ROI slows down, people will start bailing and ultimately My Adsino will come to end.
The biggest problem is that’s considering a ponzi scheme if there isn’t any external income sources funding those ROI’s…
I don’t think this company would even go 500 days the way it is right now…
Unless they do some major overhaul and produce those ROI’s win a legit way.
Anyway, I hope you enjoyed my My Adsino review and if you have any questions, please leave them in the comments below…
Jesse What Do You Recommend?
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