QatarCoin Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that QatarCoin is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about QatarCoin, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting QatarCoin as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about QatarCoin in my QatarCoin Review – now you can learn all you need to know about it.
Is QatarCoin really a legit business?
Is QatarCoin a safe business to join?
Let me show you in my review of QatarCoin.
Get started by reading my review below.
Exactly What Is QatarCoin?
QatarCoin is one of the latest MLM opportunities to hit the scene, and similar to a lot of other ones out there right now, it offers hardly any background info on its website.
Try as I did, I was unable to find any mention of who owns QatarCoin, when it was founded, or where it’s located.
The QatarCoin name suggests that it’s based somewhere in Qatar, but this doesn’t appear to be the case. According to Alexa rankings, both Nigeria and India account for QatarCoin’s most traffic at 20% and 11%, respectively.
As for the domain name, “qatarcoin.co” was first registered on November 19, 2017. Unfortunately, because the domain was registered privately, there’s no way of seeing where the registration took place or who the owner of the domain is.
With that said, that’s literally all of the background info available for QatarCoin.
What Is The QatarCoin Product Line?
If we take a look at QatarCoin’s product line, there’s not much of anything to see.
There aren’t any goods or services being sold to retail customers, and as such, there’s a complete and total lack of any retail sales activity.
Affiliates for QatarCoin are left with just the affiliate membership to market, and the biggest draw to this is the income opportunity that comes with it.
Income opportunities have their place in the MLM world, but when you see them being promoted with a product line to go with them, that’s when trouble usually starts to ensue.
What Can You Tell Me About The Compensation Plan For QatarCoin?
As an QatarCoin affiliate, you’ll be asked to invest real money into QTC points that are being offered.
These QTC points will cost you between 40 cents and $1 per each point, and after buying so many, you’ll need to lend them back to QatarCoin’s owners.
You can choose between a few different investment levels for these points, and they work out as follows:
- Earn an ROI for 240 days after investing $100 to $500
- Earn an ROI + 0.1% daily bonus for 210 days after investing $510 to $1000
- Earn an ROI + 0.2% daily bonus for 180 days after investing $1010 to $5000
- Earn an ROI + 0.25% daily bonus for 120 days after investing $5010 to $10,000
- Earn an ROI + 0.3% daily bonus for 90 days after investing $10,010 to $100,000
- Earn an ROI + 0.35% daily bonus for 60 days after investing $100,010 or more
Additionally, QatarCoin members have the chance to earn on referral commissions.
Referral commissions are handled using a unilevel system, and this allows affiliates to earn down to five levels of downline recruitment.
- Level 1 pays 8%
- Level 2 pays 3%
- Level 3 pays 1%
- Level 4 pays 1%
- Level 5 pays 0.5%
What Will It Cost To Join QatarCoin?
You can join QatarCoin for free, but doing so will limit you to earning on just referral commissions. If you’d like to earn on these and the ROI that’s being offered, you’ll need to pony up an investment of $100 or more.
Is QatarCoin A Scam?
If you have heard that QatarCoin is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is QatarCoin 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 QatarCoin Review
Similar to many other entities in the MLM underbelly right now, QatarCoin is promoting an ICO and making claims of having “state-of-the-art arbitrage and trading algorithms.”
Along with there being no proof that these algorithms exist, this is very much so what we’ve already seen from the likes of BitConnect and DavorCoin.
In other words, QatarCoin is just another ICO Ponzi scheme that exists for the sole purpose of scheming folks out of their hard-earned cash.
Most everyone will end up losing out with QatarCoin, and when you do, recovering lost funds is going to be an impossible venture.
Unless that sounds like a fun time to you, this is not an opportunity you want to deal with.
I definitely hope you have found value in my Review of QatarCoin.
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 QatarCoin, make sure you take the time to learn how to market yourself!
My training below can help you with that.