Monetize Coin Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Monetize Coin is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Monetize Coin, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Monetize Coin as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Monetize Coin in my Monetize Coin Review – now you can learn all you need to know about it.
Is Monetize Coin really a legit business?
Is Monetize Coin a safe business to join?
Let me show you in my review of Monetize Coin.
Get started by reading my review below.
Exactly What Is Monetize Coin?
On the official website for Monetize Coin, you won’t find much information at all in regards to who owns the company, where it’s being run out of, etc. There’s not much background data of any kind to be found here, and when looking into new income opportunities, this is never a great sign.
The domain name for Monetize Coin’s site was registered on November 28, 2017, but that’s all there is to know. Because this registration was done privately, it’s impossible to see where it took place or who owns the domain.
Aside from that, there’s nothing else worth mentioning. This makes Monetize Coin feel incredibly faceless, and in my experience, faceless opportunities are usually those that are operating illegally or illegitimately in one way or another.
What Is The Monetize Coin Product Line?
As for the product line being offered by Monetize Coin, there really isn’t one.
No goods or services are being sold to retail customers, and as such, you won’t find any retail sales activity.
Affiliates only have the affiliate membership to offer to individuals that are interested in the attached income opportunity, and while these are fine to have, they shouldn’t be the one and only focus for a company in the MLM space.
What Can You Tell Me About The Compensation Plan For Monetize Coin?
With this income opportunity, affiliates are asked to buy MNZ points from Monetize Coin. These points cost at least 37 cents each, and once affiliates obtain them, they must then lend them back to Monetize Coin so they can earn a variable monthly ROI that’s offered to them.
At the bare minimum, affiliates invest $100 to $1000 to get the ROI for 239 days.
You’ll still get the same ROI as you invest more, but this will come bundled with a bonus daily ROI as well.
These higher investment plans work out as follows:
- Members invest $1001 to $5000 to earn the ROI and 0.1% bonus for 179 days
- Members invest $5001 to $10,000 to earn the ROI and 0.2% bonus for 120 days
- Members invest $10,001 or more to earn the ROI and 0.25% bonus for 99 days
Additionally, money can be earned through referral commissions.
Referral commissions are handled with a unilevel system, and this allows affiliates to earn down to five levels of recruitment. As you’d expect, this places a big emphasis on getting other people to join and invest their own cash.
What Will It Cost To Join Monetize Coin?
You can join Monetize Coin for free and earn on only these referral commissions, but if you want to step up your game and earn on these and the ROI, you’ll have to invest at least $100 of your own cash.
Is Monetize Coin A Scam?
If you have heard that Monetize Coin is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Monetize Coin a scam?
I would say not exactly. 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 Monetize Coin Review
In case you had any doubts, Monetize Coin uses its website to state that it’s a “real company, with a real business with millions of dollars in revenue.”
Am “automated traffic arbitrage system” is said to be used to generate external revenue, and it supposedly works in the following way:
“The monetize Bot analyses 100’s of data points to predict which website visitor is likely to convert on one of the offers we are promoting.
Some of the data points that can be used to predict conversion percentage rates are user location, time of day, browsing device (desktop/tablet/mobile), the context of the page the user is browsing and the keywords used.
We also aggregate third-party cookie providers who provide data points such as user interest, hobbies, age, ethnicity, income level, employment status and purchase intent.
Not only can we tell when a user is in the market to buy a new laptop, we also know that the user is interested in losing weight or taking out car insurance.
This is the future of online marketing and we are at the forefront of it.”
That may sound like some heavy-duty stuff at first, but in reality, it’s just a bunch of marketing mumbo jumbo.
The only source of revenue for Monetize Coin are the affiliate investments it’s receiving, and because of this, newly invested funds are being used to pay ROIs that are owed to other members.
In other words, Monetize Coin is a Ponzi scheme.
Like with all other Ponzi schemes, Monetize Coin will be no more once investments stop coming in. Most affiliates will lose out, recovering lost funds will be next to impossible, and only the admins will earn anything worth writing home about.
I definitely hope you have found value in my Review of Monetize Coin.
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 Monetize Coin, make sure you take the time to learn how to market yourself!
My training below can help you with that.