EcomCash Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, EcomCash 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 EcomCash in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for EcomCash.
I wanted to gather all the information about EcomCash in my EcomCash Review in order for you to make a decision about joining EcomCash.
Is EcomCash 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 EcomCash.
Read on to find out what you need to know.
What The Heck Is EcomCash?
If you were hoping for lots of detailed background information on EcomCash’s website, you’ll be sorely disappointed.
Look as I did, there’s simply nothing to be found in regards to who’s running EcomCash, when it was founded, where it’s based out of, or anything along these lines.
The domain name for EcomCash’s website was registered on November 26, 2017, but the private nature of the registration means it’s impossible to see where it took place or who the owner of the domain is.
What Are The EcomCash Products?
On the product line side of things, EcomCash fails to deliver here as well.
Not a single thing is being marketed or sold to retail customers, and because of this, you won’t find any trace of retail sales activity – something that’s critical for legit MLM setups.
The only thing that affiliates for EcomCash have to offer is the affiliate membership itself, and the biggest draw to this is the attached income opportunity.
What About The Compensation Plan For EcomCash?
With EcomCash’s income opportunity, affiliates spend their time investing money into ECIO points that are pre-miens by EcomCash.
Points that affiliates get are then “lent” back to the company so the ROI can be paid out, and the rate of the ROI and how long it’s offered differs based on how much money you choose to sink into EcomCash.
The available investment tiers are as follows:
- Earn a 40% monthly ROI for 201 days by investing $500 to $4999
- Earn a 43% monthly ROI for 151 days by investing $5000 to $9999
- Earn a 45% monthly ROI for 101 days by investing $10,000 to $49,999
- Earn a 50% monthly ROI for 61 days by investing $50,000 to $100,000
In addition to the ROIs being offered here, affiliates also have the chance to earn with referral commissions.
Referral commissions are paid using a unilevel system, and this allows members to earn down to five levels deep of affiliate recruitment.
Affiliates are required to pay VIP fees when joining EcomCash, and by paying higher fees, you can earn more money through VIP fee commissions that are offered as well.
What’s The Cost Of Joining EcomCash?
Speaking of those VIP fees, the ones that you have to choose from are as follows:
- VIP 1 costs 0.1 ETH
- VIP 2 costs 0.2 ETH
- VIP 3 costs 0.3 ETH
- VIP 4 costs 0.4 ETH
- VIP 5 costs 0.5 ETH
Along with the VIP fees, affiliates also need to invest at least $500 in order to max out earning potential with EcomCash.
So, Is There A EcomCash Scam Going On?
Have you been hearing rumours that EcomCash 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 EcomCash scam going on?
If I am being perfectly honest, EcomCash 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 EcomCash Review And Conclusion!
EcomCash claims that it uses “blockchain technology for glhbale-comnmerece billing” and that –
“Like Bitcoin, ECOMCASH is based on the Ethereum – ERC20 platform, ensuring secure transactions, anonymous payments, and fast access.
ECOMCASH is used for payment transactions in the global e-Commerce instead of cash, e-wallets, credit cards, and other payment types.”
Here’s the problem, though.
EcomCash is touting ECIO points as being the next big thing in cryptocurrency, but the fact of the matter is that this is just another Ponzi startup that’s going to go nowhere.
ECIO points have no real value outside of the EcomCash opportunity, and the only funds that are actively making their way into the company are that of affiliate investments.
New money is invested by some members, it gets turned around and used to pay ROIs owed to others, and you end up with a Ponzi scheme.
Like other Ponzi setups that have come before it, EcomCash will be no more once investment activity dies down.
Most folks will end up losing out while only the anonymous admin(s) earn anything of value, it’ll be next to impossible to recover lost funds, and that’ll be all she wrote.
I really hope you have gained value from my EcomCash Review.
I wanted to make sure you had all the information you needed, because most other EcomCash reviews are just trying to sell you something.
If you really do decide to join EcomCash, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!