Thank you for stopping by to read our review on iCoin Market.
There has been some buzz about desperate attempt to resuscitate Ads Cash Coin by launching iCoin Market, so we decided to investigate what was it all about.
Read on for a full review of this MLM opportunity.
iCoin Market Review
On April 2013, the iCoin Market website domain was first registered (“icoinmarket.com”).
iCoin Market gives no information about who runs or owns the business on their website.
On May 8th, 2017, the domain registration details were recently undated suggesting this is when the current owner(s) claimed it.
An address in Hong Kong shows up on the iCoin Market website, with the similar address showing up on the Click Intensity website.
Click Intensity is a Ponzi scheme launched by Nick Johnson in early 2016.
Johnson’s ownership of iCoin Market can be affirmed by going to Johnson’s Facebook profile, on which he mentions to iCoin Market in the possessive:
After Click Intensity introduced details on Johnson were insufficient, prompting to suspicion that it was a bogus name.
Since the promotion Johnson has remained active on social media, where he promotes the different schemes he’s launched.
Click Intensity started falling apart about a year after launch. Johnson talked about this by launching another Ponzi scheme, Ads Cash Coin.
Johnson offloaded through Ads Cash Coin, generated Ads Cash Coin points onto Click Intensity affiliates.
Originally purchased at 2 cents a point during prelaunch, Click Intensity affiliates were told just within launch the worth of their Ads Cash Coin points would rise to 0.25 cents to 0.50 cents and then to a $1 in 90 days of launch and then in 12 months up to $10-$25 thereafter to 24 months.
In February 2017, Ads Cash Coin went into prelaunch. The value of an Ads Cash Coin point was just 10.5 cents as of July 4th, 13th.
With affiliates requesting answers and once again desperate to recover their losses, in mid-June Johnson declared the launch of iCoin Market.
iCoin Market Products
With affiliates only able to market iCoin Market affiliate membership itself, iCoin Market has no retailable services or products.
The Compensation Plan
On the promise of ROIs of up to 300%, iCoin Market affiliates invest funds.
- Aggressive – get 60% of profits generated after 3 months
- Distributed – get 40% of profits generated after 6 months
- Safe – get 30% of profits generated after 12 months
- Stable – get 20% of profits generated after 18 months
- Fixed – get 10% of profits generated after 24 months
Take a note that half of generated ROIs paid out are paid in bitcoin. The other half is paid in Ads Cash Coin.
Referral commissions on invested funds are given out down the three levels of recruitment (unilevel):
- level 1 (personally employed affiliates) – 10% (to qualify must invest at least $100)
- level 2 – 3% (to qualify must invest at least $1000)
- level 3 – 2% (to qualify must invest at least $10,000)
Joining iCoin Market
iCoin Market affiliate association is free, although free affiliates do not earn MLM referral commissions.
$1000 is the minimum investment to qualify for MLM commissions.
An investment of at least $10,000 is required for full participation in the iCoin Market income opportunity.
Conclusion
To crowdfund a new cryptocurrency, An Initial Coin Offering (ICO) is where an existing cryptocurrency (usually ether or bitcoin) is used.
Our trading expert makes secure profit and trade. Investments in Icon Market will guarantee you returns up to 300%.
iCoin Market would have you accept there are several ICOs around just coming up for you to throw your bitcoin at. And you get a 300% ROI.
The truth of iCoin Market is, it is nothing more than a trick to get people to indirectly invest in Ads Cash Coin.
Certainly, Ads Cash Coin has not met the predictions given by Click Intensity affiliates who had invested, and so the race is on to re-claim what’s left before the entire thing breaks down.
Sadly, for Nick Johnson, trust in a third Ponzi scheme launch in two years isn’t possible to be high.
Another option is iCoin Market being set up as a swift pump and dump last hoorah.
Visitors to the their site are bestowed with the following message:
After the launch, investments for Trading will be Recognized for the First 30 Days Only.
In any occasion, Nick Johnson’s history speaks for itself. Launch an MLM underneath scam, drain it and then launch something else when it starts to breakdown.
If you have lost that much in Ads Cash Coin and Click Intensity that you are buying into iCoin Market in any case, before handing any money over at least ask for proof of ICO investment.
If Johnson could legitimately produce 300% ROIs every three months, neither Ads Cash Coin or Click Intensity would have collapsed in the first place.
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