TwiceCoin Review – Is This A Good Opportunity Or Big Scam?
TwiceCoin has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling TwiceCoin.
I have simply gathered for you all the facts in this TwiceCoin Review in order for you to make a proper decision about it.
So, is it true? Is TwiceCoin a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is TwiceCoin?
After perusing through TwiceCoin’s website for a bit, it became apparent right away that there isn’t any sort of background information to be found on it.
Try as I did, I was completely unable to find any word or mention on who owns TwiceCoin, where it’s being run out of, when it was first founded, etc.
Even with this being the case, I did manage to find out that the domain name for the site (twicecoin.com) was registered last month on June 8, 2017. However, seeing as how the domain was registered privately, there wasn’t any way for me to see who owns the domain or where the registration took place.
While doing all of my searching around, something that managed to catch my attention is the logo that TwiceCoin is using. The appearance of the logo is very similar to the one that was used for GladiaCoin, and I also found that TwiceCoin’s website is being hosted on the same CloudFront account that GladiaCoin’s site was being run on.
GladiaCoin was a Ponzi scheme launched in March of this year that promised to give affiliates a 200% ROI over the course of 90 days, but the scheme ended up collapsing in early June due to affiliates not being able to successfully withdraw their funds.
It’s safe to say that the folks who were running GladiaCoin are the same ones behind TwiceCoin, and if past events are anything to go by, it means that we’re dealing with yet another scam that you likely don’t want to have anything to do with.
What Are The Products For TwiceCoin?
In regards to the product line, there’s unsurprisingly nothing to speak of when it coms to TwiceCoin.
Similar to GladiaCoin before it, nothing is being sold or marketed to retail customers — creating for a total lack of any retail sales activity.
Affiliate for TwiceCoin are only able to recruit other people to invest into the company along with them, and in MLM, this is something that’s usually only seen with entities that exist within the MLM underbelly.
What Is The Compensation Plan For TwiceCoin?
If/when you decide to join TwiceCoin as an affiliate, you’ll be asked to invest at least 0.05 BTC so you can then start earning a 200% ROI.
This ROI is paid to members at the rate of 2% each and every day, with TwiceCoin saying that they, “double the amount of the plan chosen by you with a yield of 2% per day.”
There are multiple investment tiers that affiliates for TwiceCoin can choose from, with these tiers starting out at 0.05 BTC and increasing to as much as 8 BTC.
Referral commissions are also offered here, and these are paid out to affiliates through the use of a binary structure.
The binary system sees points being added to either side of it whenever money is invested into TwiceCoin, and at the end of every day, TwiceCoin tallies up how many points were generated over the past 24 hours.
Once these points are counted up, affiliates are then paid a binary referral commission for their work.
The rate for this commission is entirely dependent on how much money you choose to invest, and investing more allows you to earn more through this referral commission.
For example, affiliates who invest 0.05 BTC can earn a 5% binary referral commission whereas those who invest 8 BTC earn a referral rate of 17%.
What’s Does It Cost To Join TwiceCoin?
If you’re interested in joining TwiceCoin, you’ll need to invest anywhere from 0.05 BTC up to 8 BTC if you’d like to earn on the ROI that’s being offered.
However, you can also choose to invest a smaller amount of 0.02 BTC. Going this route won’t allow you to earn the offered ROI, but it will make you eligible to earn a referral commission of 4%.
For affiliates that invest between 0.05 BTC and 8 BTC, they’ll have to pay a monthly membership fee that’s 5% of whatever they initially invest into TwiceCoin.
Is TwiceCoin A Scam?
Have you heard from a friend that TwiceCoin is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about TwiceCoin – is it a scam or legit?
Good news – TwiceCoin is not really a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
TwiceCoin Review Conclusion
With GladiaCoin, that scheme collapsed and shut down before a single affiliate was able to withdraw any money that they had earned from the ROI that was being promoted.
With GladiaCoin’s admin(s) likely behind TwiceCoin, my guess is that something similar is going to take place here as well.
The 200% ROI does sound appealing at first, and as per the TwiceCoin website, the company is able to generate the ROI through bitcoin trading of sorts:
“TwiceCoin is composed of a group of highly specialized professionals from all over the world who operate a large volume of bitcoins trading daily.”
Although TwiceCoin says that this bitcoin trading is taking place, in reality, it isn’t.
The only money coming into TwiceCoin is that of affiliate investments, and with these funds being used to pay off ROIs that are owed to other members, TwiceCoin turns into a Ponzi scheme.
Only the anonymous admin(s) will earn anything of real value, whereas everyone else will be left to lose out and fend for themselves.
I sure hope that you have found my TwiceCoin review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my TwiceCoin review to have all the information for you.
If you decide to carry forward with TwiceCoin, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.