Is ATC Coin Scam Or Legit Business? ATC Coin Review, Get The Facts Here Let’s Take A Look
Hi there, and welcome to my ATC Coin Review!
I see a lot of action on social media right now around this company, and maybe someone has reached out to your about ATC Coin, so I wanted to see what all the buzz was about.
A few say this is a great opportunity, while others say it’s one big scam. Let’s cut through all the hype and get into real details about this company.
I’m going to walk you through the products, compensation plan, and company details. Then let you make a sound decision if this is right for you.
And see if in fact, this is a legit business or one big scam.
The website did not give any details on who owns or operates the company
The domain atccoin.com was registered in March of 2017 but is set to private. This makes it impossible to see who registered the domain name.
A page on the website says Bill Gates, Warren Buttet and other high profile people are involved in this company.
But there is NO proof of these people being involved with ATC Coin.
Subhash Jewria is listed at the sole director of the company with a virtual address for the company.
Sudhash has a Facebook fanpage and lists his location in Mumbai India. So this is probably the location of operation.
Whenever I see a company that is not open about who runs or operates it, I always think real hard. “Do I want to put my money into this?” The same should be for you also.
ATC Coin does not have a single product you can retail for profits. All there is a membership one can promote to gain newly recruited members.
ATC Coin affiliates invest in ATC Coin on the expectation they’ll be able to later sell the coins at an increased value.
ATC Coin affiliates invest ₹100,000 INR ($1544 USD) and receive 50,000 ATCC upfront, plus 4500 ATCC a month for 18 months.
ATC Coin pays a percentage of funds invested by affiliates in a unilevel team, based on what level of the unilevel team the affiliate is on:
level 1 (personally recruited affiliates) – 10%
levels 2 and 3 – 3%
levels 4 to 8 – 2%
levels 9 to 11 – 1.5%
A residual commission is also paid on “cashback payments”, again based on what level of the unilevel team the cashback was generated on:
level 1 – 5%
level 2 – 4%
level 3 – 3%
level 4 – 2%
levels 5 to 11 – 1%
An affiliate can also earn Recruitment Rewards
ATC Coin reward affiliates who recruit downlines as follows:
have a downline of at least 8 affiliates who have invested = ₹500,000 INR ($7720 USD) and a “personnel [sic] accident policy”
have a downline of at least 16 affiliates who have invested = ₹100,000 INR ($1544 USD) and a “family floter mediclame policy” [sic] have a downline of at least 32 affiliates who have invested = a “2 day education tour”
have a downline of at least 64 affiliates who have invested = “monthly core group meeting with gala dinner”
have a downline of at least 256 affiliates who have invested = 4 nights, 5 days “Thailand tour”
have a downline of at least 1024 affiliates who have invested = a “Singapore tour with family”
have a downline of at least 4096 affiliates who have invested = “London Europe tour”
have a downline of at least 8192 affiliates who have invested = Toyota Fortuner SUV
have a downline of at least 16,384 affiliates who have invested = Mercedes car
have a downline of at least 32,768 affiliates who have invested = Jaguar car
To get started with ATC coin one has to invest ₹100,000 INR ($1544 USD).
ATC coin looks like another altcoin trying to claim to take on bitcoin with an MLM opportunity attracted to it.
The one big difference is that bitcoin is not an MLM opportunity. And all these MLM alt coins are just attempting to put up smoke screens and lure unsuspecting people into giving up their bitcoin.
The first few months this opportunity will get some traction.
People will be excited and recruit all they can. The money will be flowing and the owners can pay off old members with new money.
This is nothing more than a Ponzi scheme and will eventually collapse.
Do you want to be on the end of another one of these pumps and dump altcoin scams that are going on throughout the internet?
Or would you rather build something that will bring in long term money for you over and over?