Searching for coinifica review?
Lately, this business opportunity has been getting a lot of hype, especially on social media from the affiliates.
I’m frank Vigil and I review emerging MLM companies to help you make the right choice.
Before I dig deep into this Coinifica review, I’d like to make it clear that am not an affiliate or in any way associated with Coinifica.
Is Coinifica a scam?
Is it worth investing in this MLM Company?
What precautions should you take as an affiliate?
Ready? Let’s get going!
Coinifica: Background Information
Having a look at the official Coinifica website there is no information regarding who runs the company or when it was started.
I decided to dig deeper into the domain registration details, it was registered on 1st March 2017. The domain is registered by the name of Mario Cappellery who has an address in the United Kingdom.
Coinifica is an incorporation which happened on 10th March. However, what appears fishy is that no proper address is given.
There is a high probability that Coinifica has no physical address at all.
What products does Coinifica promote?
Coinifica has no products to promote but the affiliates have an opportunity to promote the affiliate membership to the willing affiliates.
Most of the MLM companies that have no products to promote operate as Ponzi schemes.
Let’s have a look at the compensation plan for Coinifica.
Coinifica Review: The Compensation Plan
Upon Joining Coinifica, the affiliates are told that they can earn up to 3% daily ROI up to 50 days for a 150% payout.
In addition to this, the affiliates can earn referral commissions which are paid out in a level system.
- 1st Level – 7%
- 2nd Level – 2%
- 3rd Level – 1%
How Much Do you need to Join Coinifica Review?
Joining Coinifica is free but there is an option where an affiliate can make a minimum investment of $10.
What can you conclude about Coinifica?
I will be bluntly honest with you.
Coinifica at this point is not a scam but it will reach a point where only the top affiliates will get the huge profits.
Secondly, Coinifica states that it gets it to profit from “cryptocurrency trading and alternative asset management.” But there is no evidence of this happening.
What’s more intriguing what Coinifica claims “We offer stable fixed 3% daily income for a period of 50 calendar days with initial investments included in daily payouts.”
If the officials over at coinifica had a way of getting a 150% ROI per month, why would they need to ask people to invest their hard earned money?
The only money that coinifica receives is that invested by the affiliates.
What do you recommend Frank?
I always get a lot of emails from writing such reviews. After reviewing a lot of online business opportunities, here’s a business opportunity that I highly recommend.
See you in the comment section.