Is NeoConnect a Scam or Legit Business? NeoConnect Review is here and we are going to take a look at it
Hi and welcome to my NeoConnect Review
Right now I see tons of reviews online about this this company and on social media, so I wanted to see what is going on with this company.
A few people say its one big scam and many are calling it the best way to make money online today. Let me cut through all that hype and get into real details.
Im going to give you info on the company, products and compensation plan so you can make a sound decision.
See if in fact this is a big scam or legit way to make money.
No information is given on who actually runs this company.
The website “newconnect.io” was registered on Oct. 27th, 2017.
When I look at the whitepaper its titles “Prezentare PowerPoint” , strange dont ya think?
Prezentare is Romanian for presentation. Which makes me believe that the admins are from Romania.
There is a similar website at “newconnect.org” that has the same look and feel of this site.
Jihan Wu is lited as the owner, with an address in Galaxy Macau hotel, in Macau, China.
No address is given on the website, only the domain registration.
Jihan Wu could not be found online, but not sure who this person really is.
Always keep in mind that if its hard to find out who the owners really are. Its easy for them to run with your money. So make sure you think about investing your hard earned money.
No retail products are available, only a membership that affiliate can promote to others online.
NeoConnect affiliates will invest real bitcoin money in exchange for NEOC tokens.
The token are used inside the NeoConnect website with the promise of advertised ROI payments
invest $100 to $1000 and receive a variable ROI of up to 45% a month for 229 days
invest $1001 to $5000 and receive a variable ROI of up to 45% a month plus a guaranteed 0.15% daily ROI for 169 days
invest $5001 to $10,000 and receive a variable ROI of up to 45% a month plus a guaranteed 0.3% daily ROI for 120 days
invest $10,001 to $100,000 and receive a variable ROI up to 45% a month plus a guaranteed 0.5% daily ROI for 99 days
Download referral commissions are available in a three level structure .
level 1 (personally recruited affiliates) – 10%
level 2 – 7%
level 3 – 3%
Commission are also available on the ROI payments of the downline members in a the same three level structure
level 1 – 5%
level 2 – 2%
level 3 – 1%
The membership to get started is free, but to take part in the commission structure affiliate have to invest at least $100 into the investment opportunity.
The “lending cryptocurrency” model is used in this Ponzi structure.
The structure is setup to hand over real money (bitcoin) for tokens that are worthless.
$1 is good for 1 NEOC
The tokens outside the NeoConnect website are worthless. No exchange, or business will take these tokens. Making them not good for commerce.
The only thing that will give value to the tokens is new affiliate bringing in new people and money.
Bitconnect is a similar type Ponzi scheme that has worthless coins outside the website.
As will all of these Ponzi websites. When new affiliates and new money stops coming in, that is when the admin will close down the website.
Then leaving hard working people left with out any way to get the investment back.