Looking for a complete unbiased HextraCoin Review?
We put this special post together to help you decide if this company is legit or just another scam!
Is HextraCoin Review A Legitimate Company or Scam? We are here to give you an unbiased opinion about HextraCoin. Please read on for a full review below.
HextraCoin Review
HextraCoin does not provide any information concerning who owns or runs the business on their website.
The website domain of HextraCoin, hextracoin.com was registered on September 9th, 2017 privately.
If an MLM company does not reveal who runs or owns it, think twice before joining and/or investing any money.
Products of HextraCoin
There are no retail products or services. The affiliates only able to market HextraCoin affiliate membership itself.
The Compensation Plan of HextraCoin
The affiliates invest in HextraCoin points on the promise of a ROI.
- invest $100 to $1000 to get a ROI of up to 48% monthly for 239 days
- invest $1010 to $5000 to get a ROI of up to 48% monthly plus 0.15% daily bonus for 179 days
- invest $5010 to $10,000 to get a ROI of up to 48% monthly plus 0.25% daily bonus for 120 days
- invest $10,010 to $100,000 to get a ROI of up to 48% monthly plus 0.3% daily bonus for 99 days
The amount an affiliate initially invested is also returned after each maturity period.
Referral commissions on funds invested by downline affiliates are given out using a unilevel compensation structure.
An affiliate is placed at the top of a unilevel team by a unilevel compensation structure. Every personally recruited affiliate IS placed directly under them.
If any level 1 affiliate employs fresh affiliates, they are put on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliate employs fresh affiliates, they are put on level 3 and so on down a theoretical infinite number of levels.
The payable unilevel levels are capped at seven by HextraCoin cap.
Commissions are given out as a percentage of funds invested across these 7 levels as follows:
- level 1 (personally recruited affiliates): 8%
- level 2: 3%
- levels 3 and 4: 1%
- level 5: 0.5%
- level 6: 0.3%
- level 7: 0.2%
HextraCoin Membership
The affiliate membership of HextraCoin is tied to a minimum investment of $100.
Summing Up
HextraCoin is yet another ICO Ponzi lending scam.
An affiliate invests in HextraCoin, which are then lended back to the company in replacement for Ponzi ROI payments.
The company determines how many HextraCoin points an affiliate gets, who determine the present internal value of an individual HextraCoin point.
HextraCoin gets revenue from affiliate investment. It is worthless outside of the income opportunity.
Using newly invested funds to pay off existing investors through the lending trick makes HextraCoin a Ponzi scheme.
An additional pyramid layer is added to the scheme by Referral commissions on downline investment.
One day HextraCoin might be listed on a public exchange, but this doesn’t wipe out the Ponzi aspect of the business.
All it provides is an additional revenue stream for early investors, who are able to pass on otherwise valueless HextraCoins onto new naive investors.
Like all Ponzi schemes, once recruitment of affiliate dies down, new funds entering the system will stop too.
HextraCoin will run out of ROI revenue, ultimately prompting a collapse.
The calculation behind a Ponzi scheme guarantees that most of the investors will lose money.
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