Welcome to our HomeBlock Coin Review!
There has been some buzz about this company so we decided to investigate what it was all about…
Some say it’s a scam while others HomeBlock Coin reviews are saying legit so what is it?
The good news is we are going to walk you through the company, products and compensation plan so you can make the right decision.
Let’s dig into this HomeBlock Coin review…
HomeBlock Coin Review
HomeBlock Coin does not provide any information on their website about who owns or runs the company on their website.
homeblockcoin.com, the HomeBlock Coin website domain was privately registered 19th October, 2017.
If an MLM company does not openly reveal who is running or owns it, twice before joining and/or investing any money.
Stay Updated With Exclusive Information About Cryptocurrency
This Will NOT Be Anything We Post Here!
Products of HomeBlock Coin
HomeBlock Coin does not offer any retailable products or services. The affiliates are only able to market HomeBlock Coin affiliate membership itself.
The Compensation Plan
The affiliates of HomeBlock Coin acquire HBC points from the company’s anonymous owners.
HomeBlock Coin sell HBC points to affiliates for a minimum of $1 per point.
HomeBlock Coin affiliates “lend” HBC points back to the company once acquired, on the promise of a daily variable ROI (capped at 48% a month).
- invest $100 to $1000 to get a daily variable ROI for 239 days
- invest $1001 to $5000 to get a daily variable ROI plus bonus 0.15% daily ROI for 179 days
- invest $5001 to $10,000 to get a daily variable ROI plus bonus 0.25% daily ROI for 120 days
- invest $10,001 to $100,000 to get a daily variable ROI plus bonus 0.3% daily ROI for 99 days
Referral Commissions
HomeBlock Coin pay referral commissions through 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 (level 1).
When any level 1 affiliate recruits new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
When any level 2 affiliate recruits new affiliates, they are placed on level 3 and so on down a theoretical unlimited number of levels.
The payable unilevel levels at seven by HomeBlock Coin. The referral commissions are paid out as a percentage of both funds invested and ROI payments.
Investment referral commission rates
- level 1 (personally recruited affiliates) : 8%
- level 2 : 3%
- level 3 : 2%
- levels 4 to 7 : 1%
ROI referral commission rates
- level 1 : 5%
- levels 2 to 4 : 1%
- levels 5 and 6 : 0.5%
- level 7 : 0.3%
Stay Updated With Exclusive Information About Cryptocurrency
This Will NOT Be Anything We Post Here!
HomeBlock Coin Membership
The affiliate membership of HomeBlock Coin is free. However, free affiliates can only earn referral commissions.
To fully participate in the HomeBlock Coin MLM opportunity requires a minimum $100 investment.
Winding Up
HomeBlock Coin bills itself as an “investment of a lifetime”.
The company asserts to produce external ROI revenue via a “trading bot” and “volatility software”.
HomeBlock Coin however offers no proof of either bot existing. Neither is proof of external revenue generated by means of any other means provided.
Furthermore, HomeBlock Coin’s claims fail the Ponzi logic test.
If anonymous owners of HomeBlock Coin had means to legitimately produce a monthly ROI of up to 48% (that’s 576% yearly without compounding), why would they share generated returns with randoms over the internet?
As it stands the only provable source of revenue entering HomeBlock Coin is new affiliate funds.
The use of newly invested funds to pay existing affiliates a monthly ROI of up to 48% makes HomeBlock Coin a Ponzi scheme.
Referral commissions given out add an additional pyramid layer to the scheme, as both commission payouts are tied to direct and indirect recruitment.
Lending ICO Ponzis like HomeBlock Coin play out as follows:
Anonymous Admins offload valueless pre-generated points in exchange for real money. In this case it’s HBC points. Here is yet another review on a company that is operating in a similar way.
The admins then makes use of some of this money to pay promised ROIs for as long as new affiliates sign up.
Once affiliate recruitment slumps down, so does the ROI reserve.
When a predetermined threshold is attaines, the anonymous admins of HomeBlock Coin pull a runner with what’s left.
Early HomeBlock Coin investors make a bit of money, mostly through recruitment of new investors. But like any other Ponzi scheme, the reality of lending scams is that most of the participants eventually lose money.
Stay Updated With Exclusive Information About Cryptocurrency
This Will NOT Be Anything We Post Here!
Aaron and Shara What Do You Suggest?
That being said, if you have never marketed online or offline before, finding people could be very difficult for you.
We know when we first started trying to make money online, we failed miserably and we had no idea how to recruit.
That is why, we first started out by learning how to become a good marketers, but you don't have to be a good marketer at all!
We learned how to make money online WITHOUT being great marketers (Click Here To Stay Updated, And To Find Out More about HOW)!
If you don’t want to be in a business that requires you to host home parties or call all your friends and recruit your family to buy your stuff no worries.
We will keep you updated where you can build a business online where you don’t have to recruit anyone.
Click Here To Check This Out And See What We Mean
You will learn step by step on how to build a profitable business online WITHOUT having to market or recruit anyone else!
Follow Us on Social Media Below (We are a Real People :)):
Subscribe To Our YouTube Channel Here
Thanks,
“Results Not Typical” this PROOF of payment doesn't guarantee that you will do the same, but shows you what is possible with some elbow grease and a can do attitude.
Leave a Reply