Nova Coinage Review – Legit Business or Ponzi Scam?
Welcome to my Nova Coinage Review!
Someone actually asked me to do this review so I decided to investigate what it was all about.
Maybe someone approached you in person or on social media about this company and now you are here doing your research right?
The good news is you are actually doing your research instead of blindly jumping into something on hype…
There are a lot of scams out there and sometimes it can be hard to actually spot them.
In this blog post, I am going to go through the company, the products and compensation plan so you can make the right decision to join or not.
Now pay close attention and read this to the end…
Nova Coinage Review – The Company
Surprise… Surprise… there is NO information on the actual leadership running the show behind this company.
I feel like this is becoming a trend now…
They do have an “about us” page that says the following:
Nova Coinage Venture LLC. is a well recognized open joint stock company which was established in 2015.
The foundations of company were laid in USA, afterwards at the starting of 2016 the board of directors and management decided to reorganize and transform it into a Limited Liability Company with the merger of Stock Market and Crypto-Currency.
Nova Coinage Venture LLC. is based on a team of highly trained and skilled professionals having profound knowledge and market experience of years and years.
That’s a lot of claims with no proof and still no information on the CEO or President of the company…
Nova Coinage domain name was registered January 27th of 2016, but everything is set to private.
According to their LLC, they are located in the USA, Michigan state to be exact.
The exact location according to their website: 2393 Front St, Fenton, Michigan 48430-1124, United States.
Nova Coinage Reviews – The Products
Nova Coinage sells Cyptocurrency coins that have no real face value outside of this company.
There are different packages that bring in daily ROI up to 3% in 24 months…
Also, affiliates can market the actual membership.
Next, let’s take a look at their compensation plan.
Nova Coinage Compensation Plan
When you sponsor people in the business and invest in one of their packages, you get paid commissions.
You also get ROI on the actual packages over a certain time frame.
There are 5 different packages you can choose from:
- NC Value Pack I – Invest $199 and receive a daily 1% to 1.25% ROI for 12 months
- NC Value Pack II – Invest $499 and receive a daily 1.25% to 1.5% ROI for 12 months
- NC Value Pack III – Invest $999 and receive a daily 1.5% to 1.75% ROI for 18 months
- NC Value Pack IV – Invest $4999 and receive a daily 2% to 2.5% ROI for 24 months
- NC Value Pack V – Invest $9999 and receive a daily 2.5% to 3% ROI for 24 months
On top of that, you must put back 30% of ALL ROI funds paid back in the company.
When you sponsor people in Nova Coinage, they pay you a certain commission who buy a NC Value pack.
This is paid out through a 3 level deep unilevel structure.
If you don’t know what that is, check this out:
- Level 1: Personally enrolled members
- Level 2: Level 1’s enrolled members
- Level 3: Level 2’s enrolled members
Also with unilevels, there are no limits on how many people you can enroll.
This is their commission pay outs:
- Level 1 (personally enrolled members) – 7%
- Level 2 – 2%
- Level 3 – 1%
Recurring commissions are paid through their binary compensation plan structure where you have one on the left and on the right.
Each week, Nova Coinage tallies up the volume and pays you 10% on the lesser leg.
Any left over volume is then carried over the next week.
Also note that 30% of the binary commissions must be reinvested back into the company.
Global Bonus Pool
The Global Bonus Pool is made up of 5% of the company wide investment in Nova Coinage.
To qualify for this pool, members much hit $100,000 dollars in binary investment with at least $50,000 each side.
You must hit that 2 months in a row to qualify.
Cost To Join Nova Coinage
Members must pay anywhere between $199 and $9999 to start getting paid in their compensation plan and getting some kind of ROI.
The affiliate membership itself is free.
Nova Coinage Review – The Verdict
So what do you guys think?
Legit or a scam?
Well, let’s look at the facts first…
- They don’t mention the leadership behind the company…
- Their cryptocurrency is worthless outside of Nova Coinage…
- They offer an ROI and 30% of the funds must go back in the company…
Personally, any company that promises some kind of ROI that isn’t registered with the SEC is most likely a scam.
By the way, they are not registered with the SEC as of right now.
The reason why no names are mentioned is because if it does go under, it will be sudden and your money will be gone.
So What Do You Recommend Jesse?
I recommend businesses that don’t promise bogus ROI’s…
I recommend businesses where a complete newbie with no experience can get started with and start profiting in a short period of time.
I recommend businesses that give their members the proper support so their members have the highest success.
I recommend businesses that are laid out step by step with proven training’s that works with the right tools…
What falls into all of this?
I have tested many business opportunities before but none of them worked like the one I recommend…
Finally complete newbies are getting results and are held by the hand step by step with their own personal coach.
How cool is that?
You will thank me later 🙂
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