Titus Community Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, Titus Community has been getting a lot of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends trying to sell Titus Community in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for Titus Community.
I wanted to gather all the information about Titus Community in my Titus Community Review in order for you to make a decision about joining Titus Community.
Is Titus Community legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of Titus Community.
Read on to find out what you need to know.
What The Heck Is Titus Community?
Maxim Moneta is listed as the CEO for Titus Community, and in Moneta’s corporate bio, it’s listed that he’s “from Ukraine but has the last five years lived in Stockholm, Sweden, where he has been involved in several startup IT projects.”
Titus Community exists within the niche of cryptocurrency, and it’s expected to be run somewhere in Sweden as well. With that said, upon further looking around, it would appear that Titus Community is actually home to a number of other shell companies all throughout Europe.
“Titus Community is the operating company in the Titus sphere.
The community and networking model is essential in the creation of many distributors able to link online and offline merchants to the Titus Coin world.
The linked companies will join Titus Community loyalty program and offer various discounts and cash backs.
30% of the profits from these services is used to operate Titus Community Ltd and profits are forwarded to Titus Invest Ltd.
Titus Invest Ltd is a holding company registered in Malta, holding the Intellectual Properties and 100% of the shares in Titus Community Ltd.
Titus Invest Ltd is owned 90% by Maddox Business Services Ltd, London, UK and 10% by VIP Coin Sparkassa Financial Union.
VIP Coin Sparkassa is a Swedish Financial Union and as such under control of the Swedish Financial Inspection according to the law (2004:297).”
From my perspective, that’s what I would call excessive for a generic MLM startup.
In addition to this, we also need to talk about the connection between Fennas Finance and Titus Community.
On Titus Community’s website, it’s listed that Fennas Finance is an “external service engaged by Titus Community and Titus Invest to deliver software for direct sales activities, payment services, compliance services and some operational functions.”
Fennas Finance is a name that first caught my attention in 2015 when it was spotted in conjunction with Icon Sachs Limited. Icon Sachs Limited was a Ponzi scheme with a still unknown owner, but Fennas Finance was quickly determined to be in an incredibly fishy payment processor.
Falling even deeper into this rabbit hole, incorporation records found in Sweden report that VIP Coin Sparkassa’s Board of Members include Elena Anguelova Chipkovenska, Tor Anders Petteroe, and Henning Witte.
Along with his involvement with VIP Coin Sparkassa, Tor Anders Petteroe is also the CEO of Towah Group — another payment processor that’s been connected to the likes of Bidify, Funky Shark, Conligus, and Wenyard.
To make matters worse, it’s rather apparent that Anders Petteroe is the sole person controlling all of the money that goes in and out of Titus Community.
“VIP Coin Sparkassa has been issued 200 million Titus coins. These are to be sold to members of the Titus Community.”
What Are The Titus Community Products?
If you were hoping for a large and legitimate product line within Titus Community, you’re going to be disappointed.
Not a single item is being sold or marketed to retail customers, and this means that it’s impossible for any retail sales activity to take place.
Affiliates only have the affiliate membership to offer to individuals, and in the world of MLM, this is a huge red flag.
What About The Compensation Plan For Titus Community?
Should you choose to join Titus Community, you’ll need to first make an investment into the company.
You can invest as little as 200 EUR for 200 Titus Coins, but if you want to truly maximize your earning potential, you’ll need to increase that to 1000 EUR for 1000 Titus Coins.
Following this investment, you’ll then be able to earn commissions for recruiting other people into Titus Community that choose to invest as well.
Titus Community uses a unilevel system for handing recruitment commissions out, and it pays down to two levels of affiliate recruitment throughout your downline.
What’s The Cost Of Joining Titus Community?
If you’re interested in joining Titus Community, you’ll need to invest either 200 EUR or 1000 EUR.
Similar to what we see with many other companies along these lines, investing more money will increase your potential to earn throughout the entire compensation plan.
So, Is There A Titus Community Scam Going On?
Have you been hearing rumours that Titus Community is a scam?
After reading this review, you might still be asking yourself if it is really legit.
So – what is the truth? Is there really a Titus Community scam going on?
If I am being perfectly honest, Titus Community isn’t entirely a scam.
However, there are some things you need to watch out for.
This is how you will be successful in online marketing. See the image below for details.
Finally, My Titus Community Review And Conclusion!
The ability to jump in on the ground floor of a new cryptocurrency might sound enticing to some of you reading this, but in reality, there’s nothing legitimate about Titus Community’s offering.
For starters, Titus Coin is not publicly tradable whatsoever. Titus Community has plans to eventually launch a marketplace through which affiliates will be able to use their Titus Coins to buy things from merchants, but no reasonable salesperson would ever choose to get wrapped up with a Ponzi point scheme.
Titus Coins are nothing more than virtual points, and while Titus Community might try to tell you that it’s the next big thing since bitcoin, this is simply false.
Most people that join Titus Community will end up losing out, and that’s a fact. Anders Petteroe and any other admins will likely make a pretty penny, but as for you and me, we’re set up to lose with the way that Titus Community is structured.
Stay very clear of this one.
I really hope you have gained value from my Titus Community Review.
I wanted to make sure you had all the information you needed, because most other Titus Community reviews are just trying to sell you something.
If you really do decide to join Titus Community, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!