Is iCoinPro a Scam or a Legit Business Opportunity

Is iCoinPro a Scam- hompageMany people use their life working hard to earn their fortune so that they can invest for and accumulate funds that can help them after retirement. Before investing in any one these growing companies, it is always good to conduct a thorough research t avoid the risks of losing your funds.

Keeping in mind that there is a hype in Blockchain industry, one must be keen to make the most appropriate investment decision. One way of doing research is by reading company reviews and this is why we are reviewing the iCoinPro firm to help you make a wise investment decision and also determine if it is a scam or legitimate firm.

iCoinPro overview

Is iCoinPro a Scam- iCoinPro CEO
Paul De Souza

iCoinPro is an multi-level marketing entity that operates on Blockchain technology majoring on cryptocurrency niche. The firm is based in Texas and offers potential investors to join the company membership as affiliates who can distribute the company products and earn revenue.

They have clear policies and procedures that offer a clear guidance on their operations and the contract between the affiliates. The firm is headed by Paul De Sousa as the CEO and also the founder. He has vast knowledge and experience in Bitcoin, other cryptocurrencies, marketing industry and an enthusiast who has used his skills to stand the firm in its current position.

iCoinPro products

iCoinPro product line specializes in offering knowledge about Bitcoin and other cryptocurrencies. Their library consists over 40 cryptocurrencies where they train in modules on matters involving how to trade, the history of Bitcoin, cryptocurrency marketing industry, wallets, security technology, ICOs and other important details in the crypto industry. One of the techniques they use is that the live modules are presented by the CEO every week where the trainees interact live with skilled experts in real-time thus providing maximum opportunity to gain knowledge.

New and potential investors who have never interacted with cryptocurrency always have the best opportunity to interact with experts and gain maximum skills during the training. Those already in the industry have the opportunity to learn about new techniques of increasing their revenue through the new and exclusive Micro Profit System which is a new product of the iCoinPro.

iCoinPro compensation plan

iCoinPro company has a clear compensation plan for affiliates where you have to sell or purchase a membership plan at $39.95 per month to become eligible for commissions. You can sell to retail customers or sponsored members you can get. This means that you have to generate a 40 PV per month which is the $39.95 subscription fee per month to qualify for commissions.

Affiliates revenue from compensation plan increase using the following 6 iCoinPro affiliate ranks:

  1. The unranked affiliate who just signs to become an iCoinPro affiliate and can improve their rank to qualify for more commissions through the ranks.
  2. 1 star- An affiliate should sell at least three $39.95 monthly membership plans to potential customers or recruit them personally.
  3. 2 star- One has to maintain at least 20 members down the line who have paid the monthly $39.95 membership. This includes personal sales but no more than 8 where it is counted from any unilevel leg.
  4. 3 star- One has to maintain at least 100 members down the line who have paid the monthly $39.95 membership. This includes personal sales but no more than 40 where it is counted from any unilevel leg.
  5. Star elite- One has to maintain at least 500 members down the line who have paid the monthly $39.95 membership. This includes personal sales but no more than 200 where it is counted from any unilevel leg.
  6. Star presidential- One has to maintain at least 5,000 members down the line who have paid the monthly $39.95 membership. This includes personal sales but no more than 2,000 where it is counted from any unilevel leg.

The powerline commissions

Newly joined affiliates are placed in a straight line queue where the line is filled the position to position to determine who joins first. You can then earn up to 5 powerline positions below for every $39.95 membership you sell at a 3% commission:

  1. Fast start bonus

    It is earned when you sell the $39.95 per month membership to your retail clients or other affiliates. It is paid out in 5 levels in a unilevel compensation plan which is derived from your rank. Unranked affiliates earn $10 on level 1 on personal and sponsored members

    1 Star earn $15 on level 1 and a $5 on level 2
    2 Star earn $25 on level 1, a $5 on level 2 and $3 on level 3
    3 Star earn $25 on level 1, a $5 on level 2, $3 on level 3, $2 on level 4 and $1 on level 5

  2. The residual commission payout

    This commission is paid in a 2×14 matrix compensation plan structure where the positions are filled by the affiliates and retail customers who have already purchased the monthly membership plan. The structure follows the powerline commission structure discussed above as a percentage of the $39.95 monthly membership.

  3. The matching bonus

    This is paid following the matrix commission downline through the unilevel compensation plan structure.

What I like and don’t about  iCoinPro

Normally, every business opportunity has the bright and dull side that everyone involved in it has to comprehend and come to terms with. For the good, this is a plus while the bad is a determinant of whether to remain in business or call it a wrap. Here are the two sides of the coin when it comes to the iConPro opportunity.

The iConPro firm is not a scam, it’s real and working
The compensation plan is real where affiliates receive their commission on time
The firm offers brilliant knowledge and skills to all cryptocurrency enthusiasts.

What I like about iCoinPro
  • You cannot try the platform for free
  • You are not guaranteed to get your funds back if you fail or want to leave
  • You have to make sales and recruit new members to qualify for the compensation plan
    The compensation plan is complex in that you need to be keen to understand
What I don’t

The tools used in iCoinPro is your marketing skills as you have to recruit more members who purchase the membership plan to increase your earnings.

The iCoinPro cost and training

Joining the iCoinPro knowledge system is not hard as you have to pay only $39.95 on the first month and $39.95 on consecutive months to retain affiliate membership. Those who have extra funds can purchase for six months or one year upfront and get a discount.

Training is done on modules where you get to interact with experts at your convenient time. Also, you will meet the CEO during your modules where he offers the best skills and knowledge and this gives you the confidence and trust the company operations.

Conclusion

iCoinPro is a promising firm as it is real and operational. The compensation is real as affiliates receive their commissions on the due date without delay. The company leadership is also solid whereby you can interact with them.

If you actually need to get the knowledge about cryptocurrency industry, this is the platform for. On the other hand, they solely depend on the income received by new members which they use to pay your commissions, no one knows how long this can last. So, you need to put effort to recruit new members and research to determine if it is worth investing.

iCoinPro not a pyramid scheme like some people would claim. It’s is just one among the thousands of multi-level marketing businesses like Forever Living or Herbalife.

My beef with the multi-level marketing business model is that the products usually tend to take a back seat and recruiting becomes the center of focus for your business.

The fact is many people fail in this form of business because it is by no means easy as they are led to believe. In fact,  less than 1% of all the people who join multi-level marketing businesses succeed.

The very nature of multi-level marketing is also shrouded in a lot of misconceptions and controversy. I can understand why. You are not really giving people an opportunity to make money. Its more like reaping the benefits out of their hard work.

If you belong to the 99…%, how about you check out how I make money online without having to recruit. Might turn out to be the smartest decision you have ever made in your life.

Many thanks for reading my review. If you have a question or a comment on iCoinPro, please leave it below. I would love to hear from you.

 

Leonard

Hi there. Great to connect with you. I worked as a graphic designer for many years but could not seem to make much headway. A few years ago I discovered internet marketing and that is how this blog was born. Hazina is a Swahili word which means treasure. It’s what we do here. We help people just like you find their own online treasure. Check out this amazing community based online education program that has helped me build a successful online business and how you too can have a piece of the action.

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