Looking for a Unix Coin Review? You’re in the right place. Today we are looking at Unix Coin and we are going to share our full review. If you’re wondering whether it’s a scam or a legit ICO keep reading as we will reveal everything. Also we are not an affiliates for Unix Coin Review so you can expect and honest review and not just another sales pitch like other reviews do!
Unix Coin Review
No information has been provided by Unix Coin on their website as to who owns or runs the business.
unixcoin.com, the Unix Coin website domain was first registered on June 18th, 2016.
The registration was updated of late on November 23rd, which is when the current owner(s) acquired it.
The website domain was up for sale as late as October, 2017.
Alexa estimate that Vietnam (30%) and South Korea (9.6%) are the largest sources of traffic to the Unix Coin website at the time of publication.
Marketing copy available on the website strongly suggests that whoever is running it isn’t a native English speaker:
If an MLM company does not reveal who is running or owns it, think twice joining and/or investing any money.
Products of Unix Coin
There are no retailable products or services of Unix Coin. The affiliates are only able to market Unix Coin affiliate membership itself.
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The Compensation Plan
The affiliates of Unix Coin invest in pre-generated points for between 90 cents and $1.40 each.
These points are then “lent” back to Unix Coin on the promise to give out an advertised ROI.
- Invest $100 to $1000 to get a daily ROI plus 0.1% bonus for 179 days
- Invest $1010 to $5000 to get a daily ROI plus 0.15% bonus for 149 days
- Invest $5010 to $10,000 to get a daily ROI plus 0.25% bonus for 99 days
- Invest $10,010 to $100,000 to get a daily ROI plus 0.3% bonus for 60 days
- Invest $100,010 or more to get a daily ROI plus 0.35% bonus for 45 days
Unix Coin advise that the daily ROI rate is variable and ‘announced daily at 00.00 (UTC)‘.
Fixed ROI lending plans for $100 or more investments are also available:
- 103% after 7 days
- 109% after 15 days
- 120% after 30 days
- 135% after 45 days
Referral commissions are given out on funds both initially invested and on points lent for an ROI.
The referral commissions are paid by Unix Coin via 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.
Initial investment referral commissions
The initial investment referral commissions are capped at 3 levels by UnixCoin:
- level 1 (personally recruited affiliates) : 7%
- level 2 : 2%
- level 3 : 1%
Lent points referral commissions
The lent points referral commissions are capped at seven levels by UnixCoin:
- 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%
The lent points referral commissions are given out in Unix Coin points.
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Membership
The affiliate membership is free. However, free affiliates can only earn referral commissions.
To fully participate in the Unix Coin income opportunity requires a minimum $100 investment.
Winding Up
Unix Coin doesn’t make the effort come up with some nonsense to give off the impression of legitimacy.
You can see how to research an ICO here…
They compares their points to bitcoin. It markets them on the sole premise of their being “affordable”.
There is absolutely no reason for Unix Coin to rise in value as there is no public supply and demand and no real world practical use.
When affiliate recruitment dries up demand for Unix Coin will slump down, ultimately triggering the admin end-game.
Affiliate ROIs are given out via Unix Coin’s internal exchange until invested funds run low.
The anonymous admin(s) stop paying out at that point and disappear with what’s left.
Investors of early Unix Coin make a bit through ROI withdrawals while they last, and through pyramid recruitment.
Most of the investors however lose out.
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