Ribbon Coin Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Ribbon Coin is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Ribbon Coin, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Ribbon Coin as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Ribbon Coin in my Ribbon Coin Review – now you can learn all you need to know about it.
Is Ribbon Coin really a legit business?
Is Ribbon Coin a safe business to join?
Let me show you in my review of Ribbon Coin.
Get started by reading my review below.
Exactly What Is Ribbon Coin?
In the case of Ribbon Coin, we’re dealing with yet another entry in the MLM space that fails to offer any sort of background information.
Looking at the company’s website, it’s clear that there’s no mention of who owns it, where in the world it was founded, when it first launched, or anything of the sort.
The only real nugget of info is the fact that the Ribbon Coin site was registered on November 21, 2017, but because this registration was done privately, it’s impossible to see where it took place or who the owner of the domain is.
Aside from that, there’s literally nothing else to see.
What Is The Ribbon Coin Product Line?
When it comes to Ribbon Coin’s product line, there’s not much of anything to see here, either.
Ribbon Coin isn’t marketing or selling anything to retail customers, and because of this, there’s no chance for retail sales activity to take place.
The only thing affiliates have to offer is the affiliate membership itself, and as the story often goes, the main draw to it is the attached income opportunity.
Income opportunities are perfectly normal to have in any MLM setup, but when they exist without a product line to accompany them, that’s when issues begin to arise.
What Can You Tell Me About The Compensation Plan For Ribbon Coin?
As an affiliate for Ribbon Coin, you’ll be asked to invest real money into RBC points that are being offered to you.
These points cost between 50 cents and $1.10 per each point, and after you purchase a few of them, you’ll need to lend them back to Ribbon Con’s owners.
Doing this will allow you to earn an ROI, and members are promised a monthly one up to 48% each month.
Ribbon Coin has three different investment tiers for affiliates to choose from, and they work out as follows:
- Affiliates earn the ROI for 249 days after inviting $50 to $499
- Affiliates earn the ROI and 0.15% daily bonus for 170 days after investing $500 to $4999
- Affiliates earn the ROI and 0.25% daily bonus for 120 days after investing $5000 to $100,000
Along with this, Ribbon Coin is also promoting referral commissions that its members can earn.
Referral commissions within the company are paid using a unilevel system, and with this, people have the chance to earn 8% on Level 1, 5% on Level 2, and 2% on Level 3.
What Will It Cost To Join Ribbon Coin?
If you’re interested in joining Ribbon Coin, you can actually do so for free and earn on just referral commissions.
However, if you’d like to earn on these and the ROI that’s being offered, you’ll need to make an investment of at least $50.
Is Ribbon Coin A Scam?
If you have heard that Ribbon Coin is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Ribbon 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 Ribbon Coin Review
Before we go any further, it’s worth mentioning right now that Ribbon Coin is nothing more than a typical Ponzi scheme that’s touting an ROI.
The lack of a product line means that retail sales can’t exist, and when this is paired with an ROI, Ribbon Coin must resort to using newly invested funds to pay off liabilities that it incurs.
However, the way the company is promoting itself is one of the strangest we’ve seen yet.
On its website, Ribbon Coin says that it wants to “introduce crypto-currency trading and blockchain technology to women.”
It then follows this up with the fact that it finds “a lack of interest or knowledge when it comes using cryptocurrency as a means of investment amongst women.”
At this point, it seems like Ribbon Coin is painting women as idiots who don’t know how to use regular cryptocurrencies. It’s insulting to say the least, and as if that wasn’t bad enough, it goes on to say the following:
“The company will use RibbonCoin (RBC) as a method of digital payment to fund and donate to Non-Governmental Organisation (NGO), Single Mothers, Orphanages and those we see in need of assistance.”
So, in addition to having no respect for women, Ribbon Coin is also lying about donating money to real charities.
Although it should be pretty clear at this point, Ribbon Coin is a nasty, dirty Ponzi scheme that you shouldn’t want anything to do with.
I definitely hope you have found value in my Review of Ribbon 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 Ribbon Coin, make sure you take the time to learn how to market yourself!
My training below can help you with that.