My Crypto Consult Review – Legit Investment Biz or Scam?
Welcome to My Crypto Consult Review!
There has been some buzz about this company so I decided to take a look.
Chances are someone approached you about the investment opportunity and now 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.
Make sure you PAY close attention and read this to the end…
My Crypto Consult Company
So My Crypto Consult has no information on who runs or owns the business.
I took a look at their website domain “mycryptoconsult.io” and found out it was first registered in June of 2018.
Later it was updated privately on June 6th, 2019.
Will Morant seems to be the only executive behind this company and credits himself as “Project Development”.
Apparently he got involved with this company in late 2018.
Prior to My Crypto Consult, he was promoting Holiday Coin Club and FGXpress.
Anyway, that’s all I got on the company and let’s look at the products next inside of this My Crypto Consult review so pay close attention…
My Crypto Consult Products
It looks like My Crypto Consult has no retail products or services, but you can become an affiliate and promote their membership.
Unlike all the other My Crypto Consult reviews I am going to tell it how it is…
So far this isn’t a good sign, but let’s keep going…
My Crypto Consult Compensation Plan
In a nutshell, you invest in GLAM tokens because according to the company it will go up in value.
- QuickStarter – Invest in 1000 GLAM tokens (300% token bonus)
- Leverage Pack – Invest in 9,950 GLAM tokens (300% token bonus)
- 7PayMaxx All-In-One – Invest in 29,500 GLAM tokens (325% token bonus)
- VIP and Elite – Invest in 10,000,000 GLAM tokens
These investment tiers are capped depending on how many GLAM tokens they have:
- QuickSilver tier affiliates can accumulate up to 44,000 GLAM tokens, commissions also capped at $2000
- Leverage Pack tier affiliates can accumulate up to 6,500,000 GLAM tokens, 6 month membership
- 7PayMaxx All-In-One tier affiliates can accumulate up to 22,000,000 GLAM tokens, 12 month membership
- VIP and Elite tier affiliates can accumulate up to 7,500,000,000 GLAM tokens
You can earn 10% commissions on your personally sponsored affiliates investments.
My Crypto Consult will pay you residuals through a binary compensation plan structure.
Positions can be filled indirectly or directly by your team members.
My Crypto Consult adds up all the investment volume and pays you 5% to 10% on the lesser leg.
Now the time frame they add up the volume isn’t specified, but usually it’s daily or weekly.
My Crypto Consult Matching Bonus
You can also earn residuals on your personally sponsored members earnings which is paid through a unilevel compensation plan.
They cap their unilevel at ten levels deep.
Below is the breakdown on how much you can earn:
- Sponsor two affiliates and receive a 5% match on levels 1 and 2
- Sponsor three affiliates and receive a 5% match on levels 1 to 3
- Sponsor four affiliates and receive a 5% match on level 1 to 4
- Sponsor five affiliates and receive a 5% match on levels 1 to 5
- Sponsor six affiliates and receive a 5% match on levels 1 to 6
- Sponsor seven affiliates and receive a 5% match on levels 1 to 7
- Sponsor eight affiliates and receive a 5% match on levels 1 to 8
- Sponsor nine affiliates and receive a 5% match on levels 1 to 9
- Sponsor ten affiliates and receive a 5% match on levels 1 to 10
Also a 10% GLAM token bonus is paid out…
Holiday and Car Bonus
You can also get a holiday and car bonus in their compensation plan, but there is no information on this anywhere…
Cost To Join My Crypto Consult
My Crypto Consult is tied to an investment in GLAM tokens.
Depending on the amount you invested, you have to reinvest every 6 or 12 months.
As of right now, the GLAM tokens are worth 12 cents each and are not publicly traded so they are useless outside of the company.
So does the My Crypto Consult scam exist?
Well, let’s look at the facts…
Website has no information on who runs or owns the company but did find some information on ONE executive.
GLAM tokens are useless outside of the company so it’s like you investing in air?
They promise some kind of return meaning they need to be registered with the proper authorities like the SEC and any equivalent in other countries they are promoting in…
I don’t think the company is targeting US residence, but why are their income caps in USD?
Overall, this is a PUMP and DUMP coin opportunity…
I highly recommend NOT joining this…
Anyway, I hope you enjoyed My Crypto Consult review and if you have any questions, feel free to ask in the comments below…
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