DavorCoin Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, DavorCoin 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 DavorCoin in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for DavorCoin.
I wanted to gather all the information about DavorCoin in my DavorCoin Review in order for you to make a decision about joining DavorCoin.
Is DavorCoin 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 DavorCoin.
Read on to find out what you need to know.
What The Heck Is DavorCoin?
On DavorCoin’s website, there’s unfortunately not much of anything to be seen.
There’s not mention of who’s running the company, where it’s based out of, when it launched, etc.
This all creates for a very poor first impression, and that’s never something I like to see.
DavorCoin’s domain name was registered on October 18, 2017, but the private nature of the registration prevents me from seeing where this took place or who owns the domain.
The two primary languages on the site include French and English, and because of this, it’s likely that whoever is running the company is doing so out of Europe.
Aside from that, however, there’s nothing else to gather in regards to DavorCoin’s background.
What Are The DavorCoin Products?
Moving on to the product line, this is another area where DavorCoin really drops the ball.
No goods or services are being sold to retail customers, and as a direct result of this, it’s impossible for retail sales activity to take place.
Affiliates for DavorCoin have only the affiliate membership to offer to those looking to join a new income opportunity, and in my experience, this is something that you really only find with opportunities that exist in the MLM underbelly.
What About The Compensation Plan For DavorCoin?
As for the compensation plan, affiliates invest real money to earn an ROI.
There are a few different plans that can be chosen from, and they include the following:
- Affiliates invest between $100 and $1000; earn a daily ROI for 299 days
- Affiliates invest between $1001 and $5000; earn a daily ROI and 0.1% bonus for 239 days
- Affiliates invest between $5001 and $10,000; earn a daily ROI and 0.2% bonus for 179 days
- Affiliates invest between $10,001 and $25,000; earn a daily ROI and 0.25% bonus for 119 days
- Affiliates invest $25,000 or more; earn a daily ROI and 0.35% bonus for 89 days
Referral commissions are also offered to DavorCoin affiliates, and these are paid using a unilevel system.
Here, members can earn the following rates:
- 8% commission on level 1
- 4% commission on level 2
- 2% commission on level 3
- 1% commission on levels 4 and 5
What’s The Cost Of Joining DavorCoin?
If you’re interested in joining DavorCoin, you can initially do so for free and only earn the referral commissions. However, if you’d like to earn the referral commissions and daily ROI, you’ll need to hand over an investment of at least $100.
So, Is There A DavorCoin Scam Going On?
Have you been hearing rumours that DavorCoin 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 DavorCoin scam going on?
If I am being perfectly honest, DavorCoin 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 DavorCoin Review And Conclusion!
Like a lot of companies in the MLM space these days, DavorCoin’s big draw is its own cryptocurrency that’s being marketed as the next big thing in crypto.
Per DavorCoin’s website:
“DavorCoin is a new cryptocurrency which aims to become the best alternative to current popular coins such as Bitcoin and Ethereum.”
Here’s the problem, though.
DavorCoin is worthless.
It’s not traded on the public market and it’s only really valuable inside the DavorCoin compensation plan.
Other than that, there’s no reason to invest in it.
DavorCoin mentions that it “lends” money back to affiliates, and looking through everything that’s going on here, it doesn’t take long to releasing that this lending is codeword for DavorCoin taking newly invested funds and using them to pay off existing ROI liabilities.
This, of course, makes DavorCoin a Ponzi scheme.
Like all other Ponzi schemes, DavorCoin will be no more once investments stop coming in.
Most affiliates will end up losing out, only the anonymous admin(s) running the company will truly profit, and recovering lost funds will be next to impossible.
Add this together with DavorCoin offering illegal securities in the United States, and you’ve got a real winner on your hands.
I really hope you have gained value from my DavorCoin Review.
I wanted to make sure you had all the information you needed, because most other DavorCoin reviews are just trying to sell you something.
If you really do decide to join DavorCoin, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!