Tycoon 69 Review: Fake or Fancy MLM Crypto ICO Network …
Tycoon69, a business presumably in Switzerland, is a cryptocurrency MLM business. If you’re circumspect, cruise the following.
There is no transparent pointer to the owner(s) of the business. Nowhere online (even on their website) can you find a reason to trust the tenure of the company. One thing to note is that if a association (especially one in MLM) is not very open or open about the tenure and the pivotal players, it’s probably a scam.
They Tycoon69 website explains that they work with product partners directly and only partner with the best of them. However, there are no genuine products or services that can be connected to the company. The associate membership simply gives entrance to a subscription for personal coaching and an eBook library but that’s about where it ends. No products. No services.
Affiliates who want to deposit are to do so by purchasing MCV points with the company. There are 10 different skeleton – from Basic all the way to Investor II with points trimming from 104 to 128,383. When you invest, you are to design some pacifist returns. However, MCV points only exist on the Tycoon69 height and are not means to be traded publicly. Also, commissions are only paid when affiliates you partisan also deposit in MCV points.
There are fifteen different associate ranks from the Coin Trainee all the way to the Coin Tycoon. Each of these ranks has different criteria for gift with different financial implications.
Just like other MLM schemes, commissions are distributed formed on a remuneration process in which privately recruited affiliates are placed in different levels underneath the recruiter. There is also a $1 million reward betrothed to affiliates who beget a certain volume of income at a certain volume of time. It is critical to note that this is the only part of the whole devise that is not in euros. Affiliates are also told that MCV tokens are equal to BCB4U coins which impute to a cryptocurrency that doesn’t nonetheless exist and never might.
Tycoon69 is a rascal with the modus operandi of a unchanging Ponzi scheme. It is not advisable to deposit anything here at all.
Article source: https://bitcoinexchangeguide.com/tycoon-69/