Welcome to my RegalCoin Review!
When I checked out Google trends, this company has been hot for the month of September…
So, what captured my attention???
I was already contacted by a few people on Facebook about RegalCoin…
Truthfully it was more like attack of the spam!!
Once I cleared through the spam messages, I decided to look into this company to find out more details.
To join or not to join?
That is the question my friends…
Answering that question might be easier with some help…
In my post, I’ll list the details I found out about the company, the products and compensation plan, so you can make the best decision for yourself.
Let’s get started, shall we?!
RegalCoin Review – The Company
First detail lacking…the website for this company gives no detail about who the owner is or who runs its operations.
On the 7th of July, 2017, the company’s website domain, “regalcoin.co”, was privately registered.
The time presented on the website was international, and that coincided with the local time of Hong Kong.
The Marketing copy found online on the website also leads me to believe that the designer did not regularly use English as their primary language.
Looking on the company’s Twitter page suggests to me that the company first attempted to launch in August.
That launch was a bust, so they tried relaunching on the 21st of September, 2017.
RegalCoin Reviews – The Products
This company has no retail products or services for the affiliates to purchase.
Affiliates who sign up with RegalCoin are only able to market affiliate membership itself.
The company’s affiliate membership allows access to RegalCoin; a cryptocurrency which the company states is “not much different from bitcoin”.
The cryptocurrency was not publicly tradeable at its initial launch.
Possible public exchanges posted on the company’s website are Nova Exchange, Coss and Coin Exchange, but all 3 companies are marked as “on progress” [sic].
Other companies in this niche are iCoin Pro and XtremeCoin.
The RegalCoin Compensation Plan
Affiliates who want to participate in the company compensation plan are required to buy RegalCoin by paying for premined coins from RegalCoin.
If the company goes public, the company affiliates will be able to purchase RegalCoin from each other.
Currently, RegalCoin only accepts bitcoin as payment from affiliates.
Once the purchase of RegalCoins have been acquired, company affiliates then return them back to the company on the agreement of a ROI up to 45% every month.
Now the ROI an affiliate earns is paid out in RegalCoin itself, so when affiliates want to cash out, he or she must persuade other investors to buy their RegalCoin.
Referral Commissions
There are referral commissions that affiliates can earn on bitcoin transferred to RegalCoin by the company.
The company gives a referral commissions down 3 levels of sponsorship (unilevel):
- Level 1 (Personally sponsored affiliates) – 7%
- Level 2 – 2%
- Level 3 – 1%
Residual Commissions
The company pays a residual commission though a binary compensation model.
In a binary compensation model, the affiliate is put at the top of a binary team that divides into two sides (left/right).
The 1st level of the binary team holds 2 positions and the 2nd level of the binary team is created by dividing these 2 positions into another 2 positions (4 positions).
Additional levels of the binary are created as needed, with every new level holding 2x as many positions as the prior level.
Positions in the binary team are filled by direct and indirect sponsorship of affiliates.
NOTE: The company does not recognize a limit to how deep a team may grow.
The company tracks invested bitcoin equally on either side of the binary team.
As company affiliates reach specific milestones, they earn a percentage of the money invested across their binary team.
- Generate $1000 in accumulated investment volume on both sides of the binary team and receive a 2% residual commission
- Generate $10,000 in accumulated investment volume on both sides of the binary team and receive a 3% residual commission
- Generate $100,000 in accumulated investment volume on both sides of the binary team and receive a 5% residual commission
Cost To Join RegalCoin
The cost to join RegalCoin as an affiliate is affordable to most of us, because its FREE!
Although, in order to participate in the attached MLM business opportunity, you are required to purchase RegalCoin.
Currently, the company is not specific as to what the minimum purchase obligations of RegalCoin are on their website.
Verdict on RegalCoin
There are a few red flags about this company from the get go…
We don’t know who is running the company which is huge for me personally.
I actually usually connect with the ownership and leadership to see where their vision is…
Second, Regal Coin has NO value outside of the company and are not pubically traded.
So why would you put your money in something useless?
It’s an honest question…
And these types of companies always compare themselves with Bitcoin which is pretty false.
Bitcoin is 100% legit and is publically traded…
Regalcoin on the other hand is NOT.
You see the difference?
Anyway, I personally don’t recommend this company…
I hope you enjoyed my RegalCoin review and if you have any questions please leave them in the comments below…
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-Jesse Singh
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