RuneCoin Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that RuneCoin is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about RuneCoin, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting RuneCoin as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about RuneCoin in my RuneCoin Review – now you can learn all you need to know about it.
Is RuneCoin really a legit business?
Is RuneCoin a safe business to join?
Let me show you in my review of RuneCoin.
Get started by reading my review below.
Exactly What Is RuneCoin?
In the case of RuneCoin, we’re dealing with yet another faceless entity in the MLM space.
Although RuneCoin’s website looks good enough, it’s seriously lacking in regards to background information. There’s no mention of who owns the company, who’s running things on the day-to-day, where it’s based out of, or anything along these lines.
RuneCoin’s domain name was registered on January 18, 2018, but the private nature of the registration means it’s impossible to see where it took place or who the owner of the domain is.
The only real nugget of info regarding the company has to do with its domain’s traffic.
Alexa rankings show that Russia is the biggest single source of traffic for RuneCoin, coming in at 18%. Because of this, it’s safe to assume that whoever’s running and operating RuneCoin is doing so out of Russia.
Unfortunately, that’s as specific as we’re able to get.
What Is The RuneCoin Product Line?
Moving right along to the product line, there’s not a lot to talk about here in regards to RuneCoin.
Simply put, there’s no product line to speak of.
No goods or services are being marketed or sold to retail customers, and as such, you won’t find any trace of retail sales activity.
- Affiliates have just the affiliate membership itself to market to individuals, and the biggest draw to it is the attached income opportunity.
There are plenty of MLM entities that try operating along these lines, but more times than not, they end up being some sort of scheme or scam in the industry’s underbelly.
What Can You Tell Me About The Compensation Plan For RuneCoin?
As for RuneCoin’s comp plan, affiliates are asked to invest real money into RUNE points that are being offered.
RUNE points are pre-generated by RuneCoin’s owners, and affiliates can purchase them for 50 cents to $1.20 per each point.
After buying so many of them, members are then asked to “lend” the points back to RuneCoin so they can start earning on a monthly ROI that pays up to 43%.
RuneCoin offers four main investment tiers, and they work out as follows:
- Earn a daily ROI and 0.05% bonus for 249 days after investing $100 to $1000
- Earn a daily ROI and 0.1% bonus for 199 days after investing $1001 to $5000
- Earn a daily ROI and 0.2% bonus for 159 days after investing $5001 to $10,000
- Earn a daily ROI and 0.25% bonus for 99 days after investing $10,001 or more
In addition to this, RuneCoin affiliates also have the opportunity to earn with referral commissions.
Referral commissions are paid thanks to a unilevel system, and with the setup RuneCoin is running, affiliates earn the following rates:
- 10% commission on Level 1
- 7% commission on Level 2
- 3% commission on Level 3
What Will It Cost To Join RuneCoin?
RuneCoin does allow members to join for free, but doing this will limit you to earning on just referral commissions. In order to earn on these and the advertised ROI, you’ll need to pony up an investment of $100 or more.
Is RuneCoin A Scam?
If you have heard that RuneCoin is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is RuneCoin 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 RuneCoin Review
On its website, RuneCoin touts the following:
“Bitcoin and Runecoin are not much different, the difference is the opportunity as well as price. To have one Bitcoin, you have to get ready for more than $8000. You have a better opportunity of acquiring Runecoins because the price is still very cheap.”
That may sound good on the surface, but the problem here is that RUNE points hold no monetary value in the real world. In other words, they’re worthless.
Soliciting people to invest thousands of dollars into a worthless altcoin results in RuneCoin being nothing more than a Ponzi scheme, and like all other Ponzi schemes, this will see most everyone losing out.
I definitely hope you have found value in my Review of RuneCoin.
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 RuneCoin, make sure you take the time to learn how to market yourself!
My training below can help you with that.