Welcome to my CoinSpace Review!
There has been some buzz about this new company so I decided to investigate what it was all about…
Maybe someone approached you about this company or maybe someone messaged you on social media and now you have questions…
Well, you came to the right place because in this blog post I am going to walk you through the company, the products and compensation plan so you can make the right decision.
There are so many opportunities out there and sometimes it can be tough to see which ones actually work.
Before I get started, I just want to ask you to pay close attention to the words on this post because It can be the difference between making the right or wrong decision.
CoinSpace Review – The Company
Website: coinspace.eu
I wish I could talk about the leadership here but there is NO information out there.
I decided to to find out who actually owns the website of CoinSpace…
Danjel Pawl popped up and the domain was registered March 11th 2015.
Also the address is different compared to the site even though both are in Malta.
Pawl is only connected to CoinSpace by owning the domain, but it’s still not clear if he actually runs the show…
Any company that isn’t open about the leadership should be look at with cautious in my opinion.
What is there to hide?
Anyway, let’s take a look at the products…
CoinSpace Reviews – The Products
CoinSpace cloud mines cryptocurrency and trades for you…
I am not really a big fan of cryptocurrency personally…
I see more and more of these kind of companies are popping up.
BitCoin is really the only legit way to go in this space…
And even their stocks have dropped a lot since they first started.
Anyway, once you sign up, you can invest in their offered packages and participate in the CoinSpace MLM opportunity.
Bundled with each package, you get S-Coin points:
- Minimum Mine – 30 S-Coins
- Basic Mine – 100 S-Coins
- Quarter Mine – 250 S-Coins
- Half Mine – 500 S-Coins
- Full Mine – 1000 S-Coins
- Double Mine – 2000 S-Coins
Apparently each S-Coin is worth €0.5 EUR each.
Next, let’s take a look at their compensation plan…
CoinSpace – The Compensation plan
Essentially, this is a network marketing company…
So that means when you sponsor people in the business that buy a product pack you earn commissions…
I actually found a video explaining this business and comp plan.
Go ahead and watch it below…
But before you do, I want to let you know that I don’t endorse this video…
Overall, the compensation plan is fair…
Cost To Join CoinSpace
You can purchase one of six packages when you first get started…
- Minimum Mine – €300 EUR
- Basic Mine – €700 EUR
- Quarter Mine – €1500 EUR
- Half Mine – €3000 EUR
- Full Mine – €6000 EUR
- Double Mine – €12,000 EUR
Double Mine packages are good for 2 years, the rest expire in a year.
The only difference between these packages is the income potential in their compensation plan…
CoinSpace Review – The Conclusion
Overall…
This company is pretty much a Ponzi scheme because the only source of income that goes to this company is through affiliate investments and not any retail sales.
And these ROI’s they talk about are again from other peoples investments in this scheme…
Personally, I don’t recommend any business like this.
There are tons of legit network marketing companies out there you can get involved in.
If you are having trouble finding one, no problem…
I have personally reviewed hundreds of companies and my number 1 recommendation is a company called INFINii.
You can learn more about them here.
The main reasons why is because their products are eCommerce training and tools that show you how to make $100, $500 or even $5000 per month on eBay, Amazon and Bonanza.
Also, there are no up front costs to get involved in eCommerce.
For example, you can list 50 items a month for free on eBay.
Your next question might be, where do we get products to sell?
That’s actually in their training and there are no up front costs for that either.
For example, you just list a product from their supplier site.
That means you just copy the images and description over to eBay.
Once the your item sells on eBay for the profit, you then take that money place the order on the supplier site and send it to the customer direct.
Now the training walks you through everything and it’s designed for complete newbies.
If you are a network marketer who loves building teams, they pay out 70% commissions overall through their comp plan.
It’s the best comp plan I ever seen…
I hope you enjoyed my CoinSpace Review and if you have questions please leave them in the comments below…
Also, do NOT forget to sign up for my news letter below where I show people how to sponsor 20+ reps per month on the internet 
See you at the top,
-Jesse Singh
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