ATC Coin Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, ATC Coin has been getting a lot of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends trying to sell ATC Coin in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for ATC Coin.
I wanted to gather all the information about ATC Coin in my ATC Coin Review in order for you to make a decision about joining ATC Coin.
Is ATC Coin legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of ATC Coin.
Read on to find out what you need to know.
What The Heck Is ATC Coin?
At first glance, ATC Coin’s website looks good enough. However, the more I looked through the site, the more I realized just how little background information is actually present on it.
Nowhere does the site mention who owns ATC Coin, who manages the company’s daily operations, etc.
Being able to easily attach a face to a business opportunity is something that every company should offer, and this is an area where ATC Coin falters.
The domain name for ATC Coin’s website (atccoin.com) was first registered on March 1, 2017, but since the registration was done privately, there’s no way of knowing who the owner of the domain is or where they were when they registered said domain.
Something that I found quite interesting on the ATC Coin site is a page titled, “legend’s involvement.” On this page, it is stated that Bill Gates, Eric Schmidt, Peter Thiel, Richard Branson, and Warren Buffet are all somehow, “involved” with ATC Coin.
It’s not made clear exactly what their involvement is, but seeing as how there’s no proof to back of these claims, my guess is that this is nothing more than a totally fabricated lie.
Also on the ATC Coin site is a document showing that ATC Coin LTD was incorporated in the United Kingdom on May 11, 2017.
A man by the name of Subhash Jewria is listed as the one and only Director for ATC Coin, and the address that’s used with the incorporation is a virtual mailing one that belongs to Garden Studios.
On Jewria’s personal Facebook page, it’s said that the man currently lives in Mumbai, India. Seeing as how the UK address used with the incorporation is a virtual one, it’s likely that ATC Coin is actually being run over in Mumbai.
Before Subhash Jewria started ATC Coin, he was offering, “payment solutions” to any MLM companies that were looking to buy.
As per a Facebook post that Jewria published to Facebook on February 16, 2017 —
“Are you MLM company ? want payment solution we have 0% trans. charges
Only for MLM company . Contact me or send you name and mobile no on my…”
Despite offering payment solutions to other MLM companies, ATC Coin appears to be Jewria’s first time ever being involved with an MLM setup himself.
What Are The ATC Coin Products?
A big red flag for ATC Coin is its lack of a product line.
There aren’t any goods or services being sold to retail customers, and this means that affiliates only have the affiliate membership to offer to individuals that are looking to join a new income opportunity.
A legit MLM company needs retail sales to properly fun its activities, and whenever you see an opportunity lacking one, it’s usually a telling sign that you’re dealing with some sort of scam.
What About The Compensation Plan For ATC Coin?
Want to make money with ATC Coin? If so, you’ll need to invest money into ATC Coins. The idea is that the ATC Coins will be worth more later on down the road than how much you initially purchased them for, and affiliates are currently able to invest 100,000 INR ($1544 USD) to earn 50,000 ATCC right off the bat and then 4500 ATCC each month for the next 18 months.
In addition to the ROI that will come from investing in the Coins, affiliates can also earn through residual commissions.
Residual commissions within ATC Coin are handled with a unilevel payment system, with affiliate able to earn a percentage for their commission based on money invested by other affiliates within their downline.
The breakdown for the commissions offered throughout your downline works out as follows:
- Level 1 affiliates (members you personally recruit) earn you a commission of 10%
- Affiliates at Level 2 and Level 3 reward you with a 3% commission
- You earn a 2% commission from affiliates between Level 4 and Level 8
- A 1.5% commission is headed your way whenever affiliates in Levels 9 through 11 invest
Lastly, affiliates also have the chance to earn money and other rewards as they build up their downline.
For example, having 8 affiliates in your downline that have all invested will allow you to earn 500,000 INR ($7720 USD), and getting your downline up to 32,768 will reward you with a brand-new Jaguar car.
What’s The Cost Of Joining ATC Coin?
If this sounds appealing to you, you’ll need to make an investment of 100,000 INR ($1544) in order to join ATC Coin.
So, Is There A ATC Coin Scam Going On?
Have you been hearing rumours that ATC Coin is a scam?
After reading this review, you might still be asking yourself if it is really legit.
So – what is the truth? Is there really a ATC Coin scam going on?
If I am being perfectly honest, ATC Coin isn’t entirely a scam.
However, there are some things you need to watch out for.
This is how you will be successful in online marketing. See the image below for details.
Finally, My ATC Coin Review And Conclusion!
At the time of writing this review, ATC Coins are publicly tradable through Nova Exchange. Also worth noting is that Coin Market Cap currently has the Coins listed as going for 9.2 cents a piece.
However, as you might expect, the current value of the coin is quite a bit behind the predictions that ATC Coin makes in its advertising that’s used to encourage people to join and invest.
There’s currently doesn’t appear to be any real world use for ATC Coins despite their involved within the ATC system, so if you do choose to invest, you’re essentially exchanging real money for a cryptocurrency that hasn’t caught on (and likely never will).
Along with this, ATC Coin’s inability to offer any products or services to retail customers turns its opportunity into a pyramid scheme.
Having the chance to dive head first into a new cryptocurrency can be quite exciting, but from what I’ve seen here, ATC Coin is not the place to do that.
Even though ATC Coins are publicly tradable, they appear to be nothing more than a tool to get people to invest so Subhash Jewria can make a decent profit while most all affiliates end up losing out.
I really hope you have gained value from my ATC Coin Review.
I wanted to make sure you had all the information you needed, because most other ATC Coin reviews are just trying to sell you something.
If you really do decide to join ATC Coin, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!