IQ Legacy Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that IQ Legacy is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about IQ Legacy, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting IQ Legacy as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about IQ Legacy in my IQ Legacy Review – now you can learn all you need to know about it.
Is IQ Legacy really a legit business?
Is IQ Legacy a safe business to join?
Let me show you in my review of IQ Legacy.
Get started by reading my review below.
Exactly What Is IQ Legacy?
Today’s review focuses on a company known as IQ Legacy, but before I can dive into it, it’s worth taking a quick look back at how it came to be.
Around the middle of 2017, a man by the name of John Barksdale appeared with a company called “Ormeus Global.” Ormeus Global was an investment opportunity focused on the niche of cryptocurrency, but there were a couple big issues with it.
For starters, Oremus Global wasn’t registered with any securities regulators and was, therefore, offering illegal investments. Second, and perhaps even more important, the basic setup of IQ Legacy was that of a Ponzi scheme.
People joined, invested money, and those funds were then recycled and used to pay ROI liabilities owed to other members. In other words, that 160% ROI that was being offered was completely illegitimate.
As interest started to decline for Oremus Global, Barksdale tried to reinvigorate things with the launch of Oremus’s own ICO in the form of Oremus Coin (or ORME for short).
ORME was initially offered exclusively within the Oremus Global system, meaning that Barksdale was solely responsible for setting ORME’s value and everything else surrounding it.
ORME eventually went on to public exchanges, but following an unsurprising flop there, Barksdale launched another company called “IQ Chain” in an attempt to take the focus off of ORME.
IQ Chian also happened to flop not too long after launching, and following that, we’re now faced with Barksdale’s third MLM attempt with IQ Legacy.
Does the saying “third time’s the charm” hold true in this instance? Let’s find out.
What Is The IQ Legacy Product Line?
When it comes to a product line, IQ Legacy really doesn’t have anything to offer.
Retail sales are often the most important thing when it comes to MLM, but IQ Legacy doesn’t have anything of this sort to offer. No retail goods or services are being sold, and because of this, it’s impossible for there to be any retail sales activity of any kind.
What Can You Tell Me About The Compensation Plan For IQ Legacy?
The income opportunity is clearly the main focus for IQ Legacy, and in these regards, the main focus is on joining, paying bitcoin for the opportunity to invest even more money, and then just hoping that you’ll be paid.
IQ Legacy has a few investment plans that members can choose from, including:
- Bronze Pack — Pay $500 in BTC so you’re eligible to invest up to $5000 in the trading bot + get residual commissions at 8%.
- Silver Pack — Pay $1500 in BTC so you’re eligible to invest up to $50,000 in the trading bot + get residual commissions at 9%.
- Gold Pack — Pay $5000 in BTC so you’re eligible to invest up to $200,000 in the trading bot + get residual commissions at 10%
- Platinum Pack — Pay $10,000 in BTC so you’re eligible to invest an unlimited amount in the trading bot + get residual commissions at 12%.
What Will It Cost To Join IQ Legacy?
Want to join IQ Legacy for yourself?
If so, you’ll need to sign up for one of the four plans mentioned above.
Is IQ Legacy A Scam?
If you have heard that IQ Legacy is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is IQ Legacy a scam?
I would say no. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My IQ Legacy Review
People invest, that money is used to pay off ROI liabilities owed to other members, and a setup like this means that John Barksdale is earning the lion’s share of everything that’s coming in while everyone else is left to earn pennies and, ultimately, lose out.
I definitely hope you have found value in my Review of IQ Legacy.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with IQ Legacy, make sure you take the time to learn how to market yourself!
My training below can help you with that.