W3 Coins Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, W3 Coins 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 W3 Coins in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for W3 Coins.
I wanted to gather all the information about W3 Coins in my W3 Coins Review in order for you to make a decision about joining W3 Coins.
Is W3 Coins 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 W3 Coins.
Read on to find out what you need to know.
What The Heck Is W3 Coins?
According to W3 Coins’ website, the company operates in the cryptocurrency niche and first launched late last year (2016).
A man by the name of Juri Vasselli is the reported CEO or W3 Coins, and in his corporate bio, it’s read that, “Juri Vasselli [is] a traditional stock trading specialist who is also a digital currency enthusiast turned professional expert.”
Following this, I did some research into Vasselli’s LinkedIn profile.
Everything looks on the up and up, but the thing that caught my eye was the fact that Vasselli claims to currently be living in Italy.
This doesn’t line up at all with the corporate address on W3 Coins’ website that’s located in the Czech Republic, and it also raises questions about whether or not W3 Coins actually has any physical presence in the country.
Lastly, I managed to come across documents from a Statement of Financial Affairs that’s dated for February, 2015.
These documents reveal that Vasselli was an investor of TelexFree — a $3 billion Ponzi scheme.
What Are The W3 Coins Products?
When it comes to W3 Coins’ product line, there’s really nothing to speak of in these regards.
There isn’t anything being marketed or sold to retail customers, and as such, W3 Coins affiliates only have the affiliate membership to offer to individuals that may be interested in it.
Should you decide to join W3 Coins, you’ll be given the opportunity to invest into w3coins points.
When you invest into these points, you can supposedly then use them in W3 Coins’ W3 Gateway.
As per W3 Coins —
“W3 Gateway makes earning income, tracking income, paying bills, making purchases and even transferring funds, effortless and accessible to everyone through the use of mobile devices and laptops.”
At this point in time, w3coins are not tradable on the public market.
What About The Compensation Plan For W3 Coins?
As an affiliate, the amount of money you invest will determine how many w3coins you receive.
Investing in w3coins will allow you to earn an ROI, and this is paid both passively and actively.
Affiliates that become a Supervisor within 180 days of joining the company will earn the active, rate, while affiliates that don’t do this will earn the passive one.
- Starter Pack — Affiliates invest $50 and then earn 700 w3coins. The active ROI rate is 0.5% and the passive one is 0.25%.
- Bronze Pack — Affiliates invest $100 and then earn 1400 w3coins. The active ROI rate is 0.75% and the passive one is 0.25%.
- Silver Pack — Affiliates invest $250 and then earn 3500 w3coins. The active ROI rate is 1% and the passive one is 0.5%.
- Crystal Pack — Affiliates invest $500 and then earn 7000 w3coins. The active ROI rate is 1.5% and the passive one is 0.6%.
- Gold Pack — Affiliates invest $1000 and then earn 14,000 w3coins. The active ROI rate is 1.75% and the passive one is 0.75%.
- Ruby Pack — Affiliates invest $3000 and then earn 42,000 w3coins. The active ROI rate is 2% and the passive one is 1%.
- Emerald Pack — Affiliates invest $5000 and then earn 70,000 w3coins. The active ROI rate is 2.75% and the passive one is 1.25%.
- Diamond Pack — Affiliates invest $10,000 and then earn 140,000 w3coins. The active ROI rate is 3% and the passive one is 1.5%.
Additionally, affiliates can also earn recruitment commissions.
These are paid via a unilevel setup, and the amount of money that you earn is dependent on how much you choose to invest with the above Packs that I just mentioned.
Choosing to invest more in the Packs will allow you to earn greater recruitment commission rates.
What’s The Cost Of Joining W3 Coins?
If you want to join W3 Coins, you’ll need to invest in one of the above affiliate packs.
Your joining costs can be as little as $50, but they can also be as great as $10,000.
There is an option to join W3 Coins for free, but doing so won’t allow you to earn on any of the money being offered with the attached MLM opportunity.
So, Is There A W3 Coins Scam Going On?
Have you been hearing rumours that W3 Coins 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 W3 Coins scam going on?
If I am being perfectly honest, W3 Coins 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 W3 Coins Review And Conclusion!
At the end of the day, W3 Coins is nothing more than another dump and pump scheme in the MLM underbelly.
Affiliates join by investing heaps of money into w3coins, and as a result, they hope to exchanges these points for real money.
The problem here is that w3coins have no value outside of W3 Coins. The value is determined entirely by how much is being invested into them, so once affiliate recruitment dies down, so too will the value of w3coins.
Juri Vasselli and a couple other early adopters will be the only ones who likely come out on top, meaning that most people who invest into W3 Coins will likely lose out.
This isn’t uncommon for other scams along these lines, and as such, there’s no reason for you to waste either your time or money here.
I really hope you have gained value from my W3 Coins Review.
I wanted to make sure you had all the information you needed, because most other W3 Coins reviews are just trying to sell you something.
If you really do decide to join W3 Coins, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!