W3 Coins Review – Legit Business or Big Scam? Find Out Here…
Welcome to my W3 Coins Review!
Whether you have already been approached by someone about this business, or this is the first time you’ve heard of it…
You are probably here because you want to learn more about it, right?
Well, you’ve come to the right place!
One of the best things you can do before joining a new company is to thoroughly research it.
This review will give you all the info you need about the company, the products and the compensation plan.
So keep reading to learn more about W3 Coins!
W3 Coins Review – The Company
W3 Coins is a company that operates in the cryptocurrency realm that was launched in late 2016.
A quick scan of the W3 Coins website reveals that Juri Vasselli is identified as the CEO of the company.
Juri Vasselli (is) a traditional stock trading specialist who is also a digital currency enthusiast turned professional expert.
Vasselli’s LinkedIn profile, he is based out of Italy, which doesn’t align with the W3 Coins site that lists a corporate address in the Czech Republic.
W3 Coins Reviews – The Products
W3 Coins does not have any retail products or services.
Affiliates simply market the W3 Coins affiliate membership.
Affiliates who join W3 Coins must invest in w3coin points, which the company says affiliates can use in their “W3 Gateway”.
W3 Gateway makes earning income, tracking income, paying bills, making purchases and even transferring funds, effortless and accessible to everyone through the use of mobile devices and laptops.
The W3 Coins Compensation Plan
W3 Coins affiliates who want to take part in the company compensation plan must invest in W3 Coins points to receive an ROI.
- Starter Pack – Invest $50 and receive 700 w3coins
- Bronze Pack – Invest $100 and receive 1400 w3coins
- Silver Pack – Invest $250 and receive 3500 w3coins
- Crystal Pack – Invest $500 and receive 7000 w3coins
- Gold Pack – Invest $1000 and receive 14,000 w3coins
- Ruby Pack – Invest $3000 and receive 42,000 w3coins
- Emerald Pack – Invest $5000 and receive 70,000 w3coins
- Diamond Pack – Invest $10,000 and receive 140,000 w3coins
W3 Coins claim that their affiliates can earn both an active and passive ROI.
In order to earn the active ROI rate, an affiliate needs to sign up and qualify at the Supervisor rank within 180 days.
Active monthly ROI rates within W3 Coins are as follows:
- Starter Pack affiliates receive 0.5%
- Bronze Pack affiliates receive 0.75%
- Silver Pack affiliates receive 1%
- Crystal Pack affiliates receive 1.5%
- Gold Pack affiliates receive 1.75%
- Diamond Pack affiliates receive 2%
- Emerald Pack affiliates receive 2.75%
- Ruby Pack affiliates receive 3%
If an affiliates doesn’t qualify for the active ROI rate, they will earn at the following passive ROI rates:
- Starter and Bronze Pack affiliates receive 0.25%
- Silver Pack affiliates receive 0.5%
- Crystal Pack affiliates receive 0.6%
- Gold Pack affiliates receive 0.75%
- Diamond Pack affiliates receive 1%
- Emerald Pack affiliates receive 1.25%
- Ruby Pack affiliates receive 1.5%
These ROIs are paid out monthly for 12 months.
W3 Coins Affiliate Ranks
The W3 Coins compensation plan features 6 affiliate ranks.
Each rank has its own respective qualification criteria, which are as follows:
- Affiliate – Sign up and invest in a W3 Coins affiliate pack
- Reseller – Generate 3500 GV
- Supervisor – Generate another 7000 GV
- Consultant – Generate another 21,000 GV
- Broker – Generate another 63,000 GV
- Director – Generate another 200,000 GV
GV (Group Volume)is downline investment volume:
- A Starter Pack generates 35 GV
- A Bronze pack generates 70 GV
- A Silver Pack generates 175 GV
- A Crystal Pack generates 350 GV
- A Gold Pack generates 700 GV
- A Diamond Pack generates 2100 GV
- An Emerald Pack generates 3500 GV
- A Ruby Pack generates 7000 GV
W3 Coins affiliates earn commissions when they sponsor new affiliates who also invest.
Recruitment commissions are earned as a percentage of the investments made by personally sponsored affiliates.
W3 Coins pay and track recruitment commissions through a unilevel compensation structure.
This type of compensation structure puts an affiliate at the top of a unilevel team that places each personally sponsored affiliate immediately under them on level 1.
When a level 1 affiliate brings in new affiliates, they are put on the 2nd level of the original affiliate’s unilevel team.
When a level 2 affiliate brings in new affiliates, they are put on the 3rd level, and this continues on down as many levels are are needed.
Through this unilevel compensation structure, W3 Coins pays out recruitment commissions over 6 levels of sponsorship:
- Starter Pack affiliates receive 5% on level 1 (personally sponsored affiliates), 2% on level 2, 1% on level 3, 0.5% on level 4 and 0.25% on levels 5 and 6
- Bronze Pack affiliates receive a 6% on level 1, 2% on level 2, 1% on level 3, 0.5% on level 4 and 0.25% on levels 5 and 6
- Silver Pack affiliates receive a 8% on level 1, 2% on level 2, 1% on level 3, 0.5% on level 4 and 0.25% on levels 5 and 6
- Crystal Pack affiliates receive a 10% on level 1, 2% on level 2, 1% on level 3, 0.5% on level 4 and 0.25% on levels 5 and 6
- Gold Pack affiliates receive a 12% on level 1, 2% on level 2, 1% on level 3, 0.5% on level 4 and 0.25% on levels 5 and 6
- Diamond Pack affiliates receive a 14% on level 1, 2% on level 2, 1% on level 3, 0.5% on level 4 and 0.25% on levels 5 and 6
- Emerald Pack affiliates receive a 16% on level 1, 2% on level 2, 1% on level 3, 0.5% on level 4 and 0.25% on levels 5 and 6
- Ruby Pack affiliates receive a 19% on level 1, 2% on level 2, 1% on level 3, 0.5% on level 4 and 0.25% on levels 5 and 6
Group Sales Bonus
Affiliates who achieve the Consultant and higher ranks earn a 2% Group Sales Bonus on downline (unilevel team) investment volume.
The Society Bonus is a bonus % that is earned on downline investment.
- Resellers receive a 3% Society Bonus
- Supervisors and Consultants receive a 2% Society Bonus
- Brokers and Directors receive a 1% Society Bonus
Global Sales Bonus
Affiliates in W3 Coins who reach the Director rank earn a share in 1% of W3 Coins company-wide investment volume.
Cost To Join W3 Coins
The cost to join W3 Coins as an affiliate is an investment in 1 of 8 offered affiliate packs:
- Starter Pack – $50
- Bronze Pack – $100
- Silver Pack – $250
- Crystal Pack – $500
- Gold Pack – $1000
- Ruby Pack – $3000
- Emerald Pack – $5000
- Diamond Pack – $10,000
W3 Coins does offer a free affiliate membership option, but free affiliates cannot participate in the MLM opportunity.
Verdict on W3 Coins
This company raises a few red flags…
First, the fact that they offer a cryptocurrency that is not publicly tradeable means that it is worthless outside of the company itself…
Also, the company claims that their affiliates can use their cryptocurrency within an internal marketplace…
But as of today, there are no specifics given and it seems like this isn’t a possibility…
So, what is left is a pump and dump company…
Affiliates invest real money and receive worthless cryptocurrency in return….
So when recruitment numbers die down and commissions decrease, all that is left is a bunch of useless altcoin…
So, take caution if you are thinking of joining this company…
I hope you enjoyed my W3 Coins review and if you have any questions, please leave them in the comments below…
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