Home Block Coin Review – Is This A Good Opportunity Or Big Scam?
Home Block Coin has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling Home Block Coin.
I have simply gathered for you all the facts in this Home Block Coin Review in order for you to make a proper decision about it.
So, is it true? Is Home Block Coin a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is Home Block Coin?
In the case of Home Block Coin, we’re dealing with an MLM opportunity that appears to be faceless on purpose.
The appearance of the website is good enough, but there just happens to be no mention of who owns the company, who’s running things on the day-to-day, where it’s located, or anything.
The domain name (homeblockcoin.com) was registered on October 19 of 2017, but because the registration was done privately, there’s no way of telling where this occurred or who the owner of the domain is.
Aside from that one little nugget, there’s nothing else to see. Ample background info is essential to have when considering a new business opportunity to get wrapped up with, and the fact that Home Block Coin doesn’t offer anything along these lines is a huge red flag.
What Are The Products For Home Block Coin?
When it comes to the product line, this is another area where Home Block Coin has serious issues.
Simply put, there is no product line to speak of.
Nothing is being marketed or sold to retail customers, and as a result of this, there’s no chance for retail sales activity to take place.
Affiliates are left with just the affiliate membership to offer to individuals, and as I’ve seen time and time again, this is something that’s really only found with opportunities that exist in the MLM underbelly.
What Is The Compensation Plan For Home Block Coin?
In regards to the compensation plan, Home Block Coin affiliates are asked to invest their hard-earned cash into HBC points. HBC points sell for $1 each, and after affiliates get their hands of them, they then “lend” them back top Home Block Coin’s owners so they can start earning an ROI.
Home Block Coin affiliates have four different tiers of investment to choose from, and they work out as follows:
- Members earn the ROI for 239 days after investing $100 to $1000
- Members earn the ROI and 0.15% bonus for 179 days after investing $1001 to $5000
- Members earn the ROI and 0.25% bonus for 120 days after investing $5001 to $10,000
- Members earn the ROI and 0.3% bonus for 99 days after investing $10,001 to $100,000
Additionally, Home Block Coin allows its affiliates to earn on referral commissions.
A unilevel system is used to send these payments out, and they’re offered on both investments and ROIs taking place throughout the company. Although the rates are different, each section allows you to earn down to seven levels of downline recruitment.
What’s Does It Cost To Join Home Block Coin?
In order to join Home Block Coin and earn on everything it has to offer, you’ll need to make an investment of at least $100.
There is an option to join the company for free, but doing this will limit you to earning on only referral commissions.
Is Home Block Coin A Scam?
Have you heard from a friend that Home Block Coin is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about Home Block Coin – is it a scam or legit?
Good news – Home Block Coin is not really a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
Home Block Coin Review Conclusion
Home Block Coin refers to itself as the “investment of a lifetime” and claims that it can offer the ROI thanks to a “trading bot” and “volatility software.”
These phrases can sound good at first, but they unfortunately hold no value to the, as you look deeper and deeper.
For starters, there’s no evidence that the mentioned bot or software actually exist. Home Block Coin would like you to believe that they do, but they don’t.
Instead, the only money coming into the company is that of affiliate investments. New affiliates join, they invest money, and these funds are used to pay ROI liabilities owed to other members.
In other words, we’ve got a Ponzi scheme on our hands.
Most people that choose to join Home Block Coin will end up losing out, and when it comes time to recover lost funds, they’ll be faced with a nearly impossible venture.
This is the story of most all Ponzi schemes, and I unfortunately don’t see Home Block Coin being any different.
I sure hope that you have found my Home Block Coin review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my Home Block Coin review to have all the information for you.
If you decide to carry forward with Home Block Coin, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.