LCF Coin Prelaunch Review – Is LCF Coin Prelaunch Scam or Pyramid Scheme?

LCF Coin Prelaunch Review

 

LCF Coin Prelaunch is one of the most recent network marketing opportunities that have been getting a lot of attention on the web. Many people are trying to market this opportunity all over the place, especially on social media networks. So, if you haven’t been approached by someone to join the opportunity, chances are you will soon. Like always, make sure that you do your own research before you decide whether or not to join the opportunity. Good for you, this post will give you all the information that you need to know about LCF Coin Prelaunch. Read on to learn more.

LCF Coin Prelaunch

LCF Coin Prelaunch Review– The Company

LCF Coin is one of the latest business opportunities to hit the MLM scene. The company claims that it specializes in the purchase of a crypto currency. Currently, LCF Coin is in the prelaunch state, and there isn’t so much to say about the business. They don’t have an official website, which means they don’t have an official online presence at all. What’s more, they don’t even have a social media page. Instead, LCF Coin and its affiliates are promoting their business through the use of Google forms.

Things keep on getting worse as you dig deeper, for instance there isn’t any background information about the person(s) that owns or runs the business or even where the company is located. The company’s affiliates are fed a story about how the Chinese government and the Rothschild are joining hands to launch a crypto currency. That’s all the information that you will find about this opportunity, apart from an official launch supposedly taking place sometime in February, 2017.

In addition, LCF Coin also claims that Tony Blair, George Bush and other renowned world leaders are involved. The company also states that there will be more than 600,000 different types of products on offer, they will build a 170,000 square meters office somewhere where the business will be operating from and they will have its IPO in 3 to 5 years’ time. The truth is there is no any evidence to support this claims. This just looks like a marketing strategy that the business is trying to use to recruit as many people as they can before the real story comes out.

What’s more, there isn’t any evidence to support the claims that the Rothschild, the Chinese government, and world top leaders are involved with LCF Coin. Once the business is launched officially, many things will change.

LCF Coin Prelaunch Review – The Product Line

Moving on to the LCF Coin product side of things, what kind of products or services will the company offer to retail customers? As mentioned earlier, the business is planning to promote and sell over 600,000 different types of products and services. However, they are not clear about the type of products that they are talking about here, and instead they talk more about the type of commissions that will be available to their affiliates.

LCF Coin Prelaunch Review

LCF Coin Prelaunch- The Compensation Plan

LCF Coin claims that they have come up with a new crypto currency. Their main objective is to recruit as many people as they can into the business. The good news is, currently it is absolutely free to join the opportunity but sometimes in future you will have to pay for membership. LCF Coins offers their affiliates compensation in the following ways:

· You will be awarded with 1,000 LCF Coins when you sign up as a new affiliate

· If you manage to qualify as a Team Leader, you will be awarded with 20,000 LCF Coins. In order to qualify as a team leader you require to have recruited at least 20 affiliates personally and have a total of 200 affiliates in your down line

· If you manage to qualify as a City Leader, you will be awarded with 100,000 LCF Coins. In order to qualify as a City Leader you are supposed to have sponsored five team leaders

· If you manage to qualify as a Provincial Leader, you will be awarded with 500,000 LCF Coins. In order to qualify as a Provincial Leader, you are supposed to have sponsored at least five City Leaders

· If you manage to qualify as a State Leader, you will be awarded with 1,250,000 LCF Coins. In order to qualify as a State Leader, you are supposed to have sponsored at least five Provincial Leaders

Right now, LCF Coins are assumed to be equivalent to 50 cents each. It is not clear how this value was reached or by what means they used to calculate this value. In fact, they say that this value will rise to about $7 by the end of March this year (2017).

Once the business is officially launched, LCF Coin plans to use a 5×5 matrix compensation system to pay out its affiliates. This means that after the business is launched, new members will have to pay for affiliate membership. This is probably some kind of Ponzi scheme, using the newly invested funds to pay off old existing affiliates.

Currently, LCF Coin doesn’t appear on any renowned public crypto currency exchange. As a matter of fact, this company may or may not exist at all.

Cost To Join LCF Coin

Currently LCF is in the prelaunch stage and it is absolutely free to join the opportunity. All you have to do is sign up through the Google forms. The company doesn’t say anything about who is receiving the forms and what the information is used for. When LCF Coin launches officially (sometime in February 2017), affiliates will be required to pay a certain amount in order to participate in the compensation plan.

LCF Coin is yet to disclose the amount that they are going to charge for membership.

LCF Coin Prelaunch Scam

Is LCF Coin Prelaunch A Scam Or Pyramid Scheme?

Do not be surprised if you see articles that say LCF Coin is nothing but a scam. This is what people do when they want to sell you something else. So, what is the truth? Currently it is not easy to tell since the company has not been official launched. So more to come on this. Watch this space!!

Conclusion

Given that the business doesn’t offer any background information about who runs or owns the company, it is safe to assume that everything they are saying is absolutely false. They are trying to use the Rothschild family and the Chinese governments to create a mailing list of names of people that are interested in investing in crypto currency.

The LCF Coins Google signing forms requires you to fill your name, mobile number, passport number, email address and driver’s license. The only thing missing here to commit identity theft is the three digit code from the back of your bank card :).

Do not send any information to these people, especially if you don’t have any idea about who they really are.

I hope you enjoyed my LCF Coin Relaunch Review post. If you would like to know what company I fully endorse and actually presently endorse myself then read on….

So This Company Is One To Be Wary Of  & Not One Of Your Top Recommendations But What Do You Promote Manny?

So I fully recommend the opportunity that you can access below. I have gone right through the whole system with a fine tooth comb and think it is one of the better opportunities out there which is why I now personally endorse it.

I have been marketing it for just a short while and am already making thousands of dollars using it and I know that this works for absolute newbies as you will see if you click the image below.

LCF Coin Relaunch Review

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Hi I have been actively marketing online for over 3 years now and have come through all the struggles to a point where I now understand how to use the internet to make money and even better know how to teach others to do the same. To learn more about me and become my next success story go here: http://www.empowermentteam.org/work-with-me