ThornCoin Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that ThornCoin is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about ThornCoin, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting ThornCoin as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about ThornCoin in my ThornCoin Review – now you can learn all you need to know about it.
Is ThornCoin really a legit business?
Is ThornCoin a safe business to join?
Let me show you in my review of ThornCoin.
Get started by reading my review below.
Exactly What Is ThornCoin?
Taking a gander at the official website for ThornCoin, there’s honestly not much of anything to see.
ThornCoin doesn’t make any mention of who owns the company, where it’s located, or when it was founded. In other words, the company is just about as faceless as they come.
The domain name for the ThornCoin site was first registered on December 21 of 2017, but because the registration was done privately, it’s impossible to tell who the owner is or where the registration physically took place.
What Is The ThornCoin Product Line?
As for the product line, ThornCoin doesn’t have a single thing to offer.
No goods or services are being sold to retail customers, and with this, it’s impossible for there to be any retail sales activity.
A setup like this means that affiliates only have the affiliate membership to offer to individuals looking for a new income opportunity, and while income opportunities are fine to have with MLM setups, they need a product line to accompany them.
What Can You Tell Me About The Compensation Plan For ThornCoin?
Speaking of the income opportunity, affiliates get started with this by investing money into THRN points. These points cost between 50 cents and $1.20 for a single one, and after investing cash into these, affiliates then lend them back to ThornCoin’s owners so they can earn a monthly ROI.
The ROI pays up to 43%, and while each investment tiers comes with access to it, investing more and more cash will allow you to get a daily ROI bonus on top of it.
With that said, the following investment tiers are available:
- Earn the ROI for 260 days after investing $100 to $1000
- Earn the ROI and 0.005% bonus for 180 days after investing $1001 to $5000
- Earn the ROI and 0.1% bonus for 160 days after investing $5001 to $10,000
- Earn the ROI and 0.15% bonus for 150 days after investing $10,001 to $20,000
- Earn the ROI and 0.2% bonus for 120 days after investing $20,001 or more
In addition to earning an ROI bonus, investing more money will also give you a smaller period during which your earnings are “locked.”
As an example, investing $100 to $1000 will give you a locked period of 180 days, but investing $20,0001 or more will take that down to 60 days.
Additionally, members can also earn referral commissions via a unilevel system.
With this, you can earn an 8% commission on Level 1, 4% commission on Level 2, and 1% on Level 3.
What Will It Cost To Join ThornCoin?
Although you have the option of joining ThornCoin for free, you’ll only be able to earn on referral commissions. If you want to earn these and the ROI offering, you’ll have to invest at least $100 into THRN points.
Is ThornCoin A Scam?
If you have heard that ThornCoin is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is ThornCoin 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 ThornCoin Review
On ThornCoin’s website, it’s said that ROIs are paid out thanks to “arbitrage, trading-bot, marketing, etc.” More specifically, this is described as follows:
“Our trading strategy stack has several solid components which aim to ensure a stable passive income for our investors.
At its core there is an algorithmic trading software that utilizes a complex technical analysis to make split second decisions on what trades to take.
The power of AI can combine machine learning, technical analysis and fundamental data extraction into one powerful trading tool.”
ThornCoin affiliates can make these claims all day long, but in reality, the only money coming into the company comes from affiliate investments. New money comes in, it’s used to pay existing ROI liabilities, and this results in ThornCoin being a Ponzi scheme.
Like with all other Ponzi schemes, ThornCoin will be no more once this investment activity dies down. Most affiliates will lose out, only the anonymous admins will earn anything of value, and it’ll be nearly impossible to recover lost money.
Unless that sounds like fun to you, I’d recommend looking elsewhere for a new opportunity.
I definitely hope you have found value in my Review of ThornCoin.
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 ThornCoin, make sure you take the time to learn how to market yourself!
My training below can help you with that.