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R2B Coin Review
R2B Coin say they're under the management of Williams Corporation Limited, a Hong Kong-based company.
According to the R2B Coin website, Williams Corporation is a global firm that operates as a service provider. Other than that, they don't provide any other kind of info.
The R2B Coin website mentions two executives, as Asian Marketing Director, David Wu; and as Business Director, Eddie Lo.
Mr. Wu’s bio says he’s Taiwanese but he has American Citizenship. Our research found that he also has a real estate license – in California – and it's an experienced agent in Palo Alto, California. He also worked as an ER Technician in the region's hospitals.
After he went back to Taiwan in 2008, he worked as a coach for his country's Olympic swim team. He also has owned restaurants in Vegas, Los Angeles and recently, in Taipei, Taiwan.
Mr. Wu speaks five languages and he has a 30-year experience in network marketing, mainly in China and Taiwan. However, the site doesn't show anything about Wu's network marketing experience.
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R2B Coin Products
R2B Coin doesn't show any products or services on retail, affiliates can only sell the company's memberships.
R2B Coin Compensation Plan
Affiliates of R2B Coin can make investments in R2B coins.
- To reach trainee level, a member has to invest $100 and get $100 back in R2B coins
- To reach Manager level, a member has to invest $500 and get back $520 in R2B coins
- To reach Team Manager level, a member has to invest $2500 and get back $2725 in R2B coins
- To reach Director level, a member has to invest $5000 and get back $5500 in R2B coins
- To reach CEO level, a member has to invest $25,000 and get back $30,000 in R2B coins
- To reach Chairman level, a member has to invest $50,000 and get back $65,000 in R2B coins
R2B are pre-generated points sold to members at a cost of 0.8 cents per coin. R2B Coin sets the price of R2B, they position the value according to the number of coins bought by the company, this can go up to $188 USD.
The internal value of R2B is not disclosed to the general public.
R2B Coin's idea is that their affiliates invest in R2B, after some time, the token should increase its value. ROI is created when a member withdrawals via the R2B Coin exchange.
R2B Coin – Referral Commissions
R2B Coin pays their referral commissions through a binary tree structure. Members must qualify to get residual binary commissions, he must have at least two direct recruits.
A R2B Coin binary tree structure sets a member at the very top of the tree, then it breaks into two:
Level one of the R2B Coin binary tree can carry two positions. Level two of the tree gets created when the positions in the previous level are divided, that makes four positions in total.
Later levels of the R2B Coin binary tree are made if needed, every new level can have twice as many positions as the past level.
The binary tree is loaded through direct and indirect recruitment. There's no level on how far can the R2B Coin binary tree can go.
Every R2B Coin residual commission given via the binary tree is based on points. These points are created when members invest in R2B Coin member packages.
- Trainee package gives 10 points
- Manager package gives 30 points
- Team Manager package gives 200 points
- Director package gives 300 points
- CEO package gives 500 points
- Chairman package gives 1000 points
At the end of the day, R2B Coin gathers the newly created points on each side of the binary tree.
Every time 100 points get matched with 200 points on the other side, it creates $50 in residual commission. R2B Coin's binary commissions are limited based on member recruitment:
- A member can recruit two people and earn a maximum of $2000 a week in binary commissions
- A member can recruit four people and earn a maximum of $5000 a week in binary commissions
- A member can recruit eight people and earn a maximum of $10,000 a week in binary commissions
- A member can recruit twelve people and earn a maximum of $20,000 a week in binary commissions
- A member can recruit twenty people and earn a maximum of $50,000 a week in binary commissions
R2B Coin – The Residual Commissions
R2B Coin pays residual commissions according to the earnings of members that are underneath them, these are paid down two levels of recruitment:
- A member can recruit four persons and get a 5% residual commission on level one – direct recruits –
- A member can recruit eight affiliates and get a 10% commission on level one.
- A member can recruit twelve affiliates and get receive a 10% commission on level one and 5% on level two.
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R2B Coin – Joining In
Anyone can sign up for R2B Coin for $28. If a member wants to participate fully in the opportunity, they must invest a minimum of $100.
The Final Word on R2B Coin
R2B Coin shows themselves as a pump and dump scheme. The company's coins get created and aren't tradable outside the R2B Coin website.
Remember the premise where they project the value of their internal coin to $188? That value is manipulated through R2B internal exchange.
The idea depends on investors buying these worthless R2B Coins.
On the other hand, R2B Coin works as a pyramid scheme, they actually don't have any products or services for retail.
Before the dump comes the pump, in this stage, the price of the R2B is manipulated until it pops like a bubble.
The dump will inevitably happen when recruitment slows and R2B coins are left as a worthless waste.
If we talk about merchants, no legit business wants to be linked with an alt-coin that doesn't have purpose or application.
As for Mr. Wu and Williams Corporation Limited, they get the real money after they created these R2B Coins out of thin air. You should take a look at the AreszCoin Review that we did here. They are running the company in a similar way.
Their recipe for success is running the scheme until is not longer profitable and then run away when everything starts dying.
We also found out through Alexa that the majority of traffic to the company's site comes from the US. Investment opportunities like R2B Coin are required to have a registration with the SEC.
We looked at the SEC's database and there wasn't any record of Mr. Wu or Williams Corporation Limited. This means that these people are operating illegally.
We've seen what happened to USI-Tech and BitConnect in the past, so this doesn't look good from a mile away.
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Aaron and Shara What Do You Suggest?
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Got Stuck says
Texas State Securities Board filed Cease and Desist Order no: ENF-18-CDO-1756 10 pages
Emergency Order Entered against Cryptocurrency Firm
R2B Coin – Texas State Securities Board – Texas.gov Jan 24 2018