Is iCoin Pro a Pure Scam or Legit?

Is iCoin Pro a Pure Scam or Legit?

The iCoin Pro is definitely getting attention as many are pitching it all over the internet and most particularly the social media. I believe you came to the knowledge of it through the social media or someone introduced it to you and now you wish to know if the iCoin Pro is a pure or legit.

This information you shall find here and by the time you are done reading this review you should be able to make an informed decision.

But I also wish to let you know that I don’t have any affiliation whatsoever with the iCoin Pro and therefore my review is independent and objective.

What is iCoin Pro?

As at the time of writing this review the iCoin Pro claims to be in pre-launch of their website/company and they are hoping to launch officially on the 21st of June 2017, as a result, some links, pages, and tools may not be fully functional.

That being said, iCoin Pro supposedly operates within the niche of cryptocurrency. It is an MLM model of online income opportunity which has become very common and popular these days. I tried to find out who is running iCoin Pro and one Paul De Sousa popped up on their official website as the founder and CEO.  Looking up Paul De Sousa up on the internet I realized that iCoin Pro is not his first make money online venture. Aside from the fact that he claims to be the ‘’King’’ of cryptocurrency because of his vast knowledge of it, he also ventured in Binary Options software called the Private Wealth App which he co-founded with William T back in 2014.

When I checked out the reviews on the Private Wealth App I found out that the majority of the reviews were saying ‘’don’t buy it is a scam’’. Well, I am not surprised because Binary Option rarely makes you money with apps such as the Private Wealth App, and believe me, I have tried it in the past. This is just a means of making desperate newbies looking for a way to earn money online spend more money without getting anything in return.

Well, that is one venture that Paul De Sousa was associated with in the past and is good to know because that will help us analyze his honesty.

The iCoin Pro also claims that the website is being run out of the state of Texas in the United States. Speaking of honesty, I also found out that Paul De Sousa’s personal Facebook account says that he is living in Johannesburg, South Africa, and then how come does he tell us that the website is run out of Texas, United States? Aside from the shady Binary Options Software Paul De Sousa was involved with, he also was recently involved with a Ponzi scheme within the cryptocurrency niche called Gain Bitcoin which he was promoting sometime in 2016.

iCoin Pro Product Line

Well, from what I can gather, iCoin Pro says it provides services like education, training, and information on cryptocurrency because that is the strength of Paul De Sousa the cryptocurrency King. By subscribing with $39/month iCoin Pro says ‘’iCoin Pro’s proprietary training system teaches you step by step everything you need to know about Cryptocurrencies, what they are used for, and how and where to use them.’’

‘’From understanding Blockchain technology, and what different cryptocurrencies can be used for, to buying your first Bitcoin, and keeping you up to date on changes, news, and updates, iCoinPro is a complete Bitcoin and Cryptocurrency training program available anywhere.’’

iCoin Pro Compensation Plan

You can become an affiliate of iCoin Pro and earn commissions based on how many $39.95/month membership you are able to people. Although, before any commission payout an affiliate must first of all qualify for it.

This is done by generating 40 PV by an affiliate; 40 PV is generated when $39.95/month of membership is sold or bought by the affiliate himself.

Powerline Bonus

iCoin Pro claims you can make money from their company the moment you submitted your information on their website, that up to 5 members are going to be placed under you regardless of who recruited them; that you will stand the chance to earn 3% when someone in your structure becomes a member. And commissions are paid out monthly.

Is iCoin Pro a Pure Scam or Legit?

Fast Start Bonuses

On top of the Powerline Bonus, you also stand the chance of earning $10 and $25 bonus if you personally recruit anyone to iCoin Pro. The $10 and $25 earnings depend on your rank.

Is iCoin Pro a Pure Scam or Legit?

Coded Infinity Fast Start Overrides

Upon reaching the rank of Star Elite, you will be able to earn INFINITE LEVELS of Fast Start Overrides on the very first order of everyone in your structure/downline tree, down to 3 generations of Star Elite Leaders.

Is iCoin Pro a Pure Scam or Legit?

How Much Does it Cost to join iCoin Pro?

To become iCoin Pro affiliate you are required to pay a onetime $40 and in order to qualify for commissions, you have to either recruit someone to buy the $39.95 per month or you buy it yourself.

Take note, in order to qualify for the commission continually you have to be buying the monthly $39.95 every month or you recruit others to do so.

Is iCoin Pro a Pure Scam or Legit?

I know there are people that think that iCoin Pro is a scam while others think otherwise, but honestly, and personally, I don’t see anything worthwhile in iCoin Pro. They claim to have information and training on cryptocurrency as their ‘’product line’’ but I can’t see it adding up. You sell this information to me for $39.95 per month! This is ridiculous!

What I see here is a way of running a pyramid scheme that would compel members to either buy this so called product themselves in order to earn commissions or recruit others to do so. In the real sense,  it is a way of making people to part with their money on the pretext that they are getting something valuable in return.

Conclusion

The iCoin Pro has so much information on how to earn commissions on different levels as an affiliate on their website but no information about the training and information you will be getting upon subscribing to their monthly. This is to simply tell you that their main aim is not about the ‘’product’’ that they are offering but is all about recruiting/buying their monthly subscription regardless if it is of any value. Besides, whatever information you need on cryptocurrency is obtainable for free on a Google search.

The so-called training and information on cryptocurrency is a diversion from the real intent of iCoin Pro. And moreover, from what I have observed honesty is not a strong characteristic of Paul De Sousa.

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