iCoinPro Review: $39.95 monthly cryptocurrency training memberships
iCoinPro operate in the cryptocurrency MLM niche and, according to its affiliate policies and procedures, is based out of Texas in the US.
The State of Texas is the place of the origin of this Contract and is where the Company accepted the offer of the Applicant to become a Distributor and where the Distributor entered into the Contract with the Company.
Heading up iCoinPro is Founder and CEO, Paul De Sousa (right).
Known for his dedicated leadership and training abilities to help others in the network marketing industry, along with his vast knowledge, understanding, and experience utilizing Bitcoin and Cryptocurrencies in various capacities, nobody has more passion and enthusiasm for iCoinPro than our CEO, Paul De Sousa.
According to De Sousa’s Facebook profile, he is based out of Johannesburg, South Africa. iCoinPro’s connection to Texas is thus unclear.
De Sousa has a long marketing history, with this crossing over into providing leads for various MLM opportunities.
Since at least mid 2016, De Sousa has been promoting Gain Bitcoin. BehindMLM reviewed Gain Bitcoin earlier this month and concluded it was a combination of pyramid recruitment and suspected Ponzi fraud.
Read on for a full review of the iCoinPro MLM opportunity.
iCoinPro Products
iCoinPro bill themselves as a ‘source for education, information, and training on everything cryptocurrency.‘
From understanding Blockchain technology, and what different cryptocurrencies can be used for, to buying your first Bitcoin, and keeping you up to date on changes, news, and updates, iCoinPro is the most complete Bitcoin and Cryptocurrency training program available anywhere.
iCoinPro training is available via a $39.95 a month membership.
The iCoinPro Compensation Plan
The iCoinPro compensation plan pays affiliates based on sales of the $39.95 membership retail customers and recruited affiliates.
Note that to qualify for commissions, an iCoinPro affiliate must generate at least 40 PV a month (one $39.95 monthly subscription).
This subscription can be self-purchased or a retail customer membership sale.
iCoinPro Affiliate Ranks
There are six ranks within the iCoinPro compensation plan.
Along with their respective qualification criteria, they are as follows:
- unranked affiliate – sign up as an iCoinPro affiliate and be commission qualified
- 1 Star – sell at least three $39.95 monthly memberships to retail customers or personally recruited affiliates
- 2 Star – maintain at least twenty $39.95 monthly memberships across your downline (includes personal sales, no more than eight counted from any one unilevel leg)
- 3 Star – maintain at least one hundred $39.95 monthly memberships across your downline (includes personal sales, no more than forty counted from any one unilevel leg)
- Star Elite – maintain at least five hundred $39.95 monthly memberships across your downline (includes personal sales, no more than two hundred counted from any one unilevel leg)
- Star Presidential – maintain at least five thousand $39.95 monthly memberships across your downline (includes personal sales, no more than two thousand counted from any one unilevel leg)
Powerline Commissions
When iCoinPro affiliates and retail customers sign up they are placed in a straight-line queue.
The queue is filled position by position, based on the order retail customers and affiliates signed up.
An iCoinPro affiliate is able to earn on up to five Powerline positions below them.
A 3% commission paid out of the monthly $39.95 membership fee paid by affiliates and/or retail customers in these five positions.
Fast Start Bonus
iCoinPro affiliates earn a Fast Start Bonus when retail customers and affiliate sign up for the $39.95 monthly membership.
The Fast Start Bonus is paid out on up to five levels of recruitment (retail customers stop at level 1), based on iCoinPro affiliate rank as follows:
- unranked affiliates earn $10 on level 1 (personally recruited affiliates)
- 1 Star – $15 on level 1 and $5 on level 2
- 2 Star – $20 on level 1, $5 on level 2 and $3 on level 3
- 3 Star – $25 on level 1, $5 on level 2, $3 on level 3, $2 on level 4 and $1 on level 5
A Fast Start override commission is paid out to the first three 3 Star Elite and higher ranked upline affiliates as follows:
- first Star Elite upline affiliate earns $2 and the second and third earn $1
- three Star Presidential upline affiliates earn $1 each
Residual Commissions
iCoinPro pay residual commissions via a 2×14 matrix.
A 2×14 matrix places an iCoinPro affiliate at the top of a matrix, with two positions directly under them:
These two positions form the first level of the matrix. The second level of the matrix is generated by splitting these first two positions into another two positions each (4 positions).
Levels three to fourteen of the matrix are generated in the same manner, with each new level housing twice as many positions as the previous level.
Positions in the matrix are filled via affiliates and retail customer purchases of the $39.95 monthly membership. This follows the same Powerline structure used to pay Powerline commissions (see above).
iCoinPro pay matrix commissions are paid out as a percentage of membership fees paid each month as follows:
- unranked affiliates and 1 Star – 2% on levels 1 to 4 and 2.5% on levels 5 to 10
- 2 Star – 2% on levels 1 to 4 and 2.5% on levels 5 to 12
- 3 Star – 2.5% on levels 1 to 14
Matching Bonus
iCoinPro pay a matching bonus on downline matrix commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
iCoinPro cap the matching bonus at six unilevel levels.
How many levels an affiliate is paid the matching bonus on is determined by rank:
- unranked affiliates earn a 10% match on level 1 (personally recruited affiliates)
- 1 Star affiliates earn a 20% match on level 1
- 2 Star affiliates earn a 30% match on level 1 and 10% match on level 2
- 3 Star affiliates earn a 40% match on level 1, 10% match on levels 2 and 3 and 5% match on level 4
- Star Elite affiliates earn a 50% match on level 1, 10% match on levels 2 and 3, 5% match on level 4 and 3% match on level 5
- Star Presidential affiliates earn a 60% match on level 1, 10% match on levels 2 and 3, 5% match on level 4, 3% match on level 5 and 2% match on level 6
Joining iCoinPro
iCoinPro affiliate membership is $40.
If an affiliate chooses to self-qualify for commissions, they must also purchase a $39.95 monthly iCoinPro membership.
Conclusion
It’s pretty obvious that iCoinPro are focused on marketing the income opportunity over whatever training is bundled with $39.95 monthly membership fees.
The iCoinPro compensation plan is provided in full on the company website, yet specifics of the cryptocurrency training are not.
That and there currently doesn’t appear to be any way to sign up as a retail customer. The only join button available at the time of publication is for that of an iCoinPro distributor.
That said, at least according to the iCoinPro compensation plan, it is possible to sign up as a retail customer. And that needs to be taken into consideration when evaluating the business opportunity.
The good news is establishing whether iCoinPro’s retail memberships are pseudo-compliance or not is easy.
As a prospective iCoinPro affiliate, all you need to do is ask your potential upline affiliate for the retail sales receipts the company requires them to keep:
A Distributor is required to keep all records of Retail Sales for at least four years and compliance with Retail Sales requirements of the Company is randomly monitored by the Company.
If your potential upline is new, you could go an extra step further and ask them to get retail receipts from their upline.
What yout want to see is more retail memberships sold than recruited affiliates purchasing memberships.
If your potential upline can’t provide more retail membership receipts than they have recruited affiliates, it’s a safe bet iCoinPro is operating as a pyramid scheme.
iCoinPro operating as a pyramid scheme would see the majority of memberships sold purchased by affiliates.
This demonstrates a lack of retail viability with iCoinPro’s training, meaning it is in fact the business opportunity itself being marketed and sold.
What that means for you as a potential affiliate, is that when the initial recruitment hype dies down you’re going to lose money.
Or as iCoinPro put it in their affiliate policies and procedures;
Most Distributors earn less money each month in the compensation program than they are paying for their membership.
Having perused iCoinPro affiliate marketing efforts out there myself, I’m pretty confident retail activity company-wide is insignificant.
Update 7th June 2023 – iCoin Pro was pretty much dead as at the start of 2023.
Around April 2023, iCoinPro rebooted with a new compensation plan. As such, BehindMLM published an updated iCoinPro review in June 2023.
Definitely shaping up to be an affiliate autoship recruitment scam.
This is from iCoinPro CEO De Sousa:
Paying fees to remain commission qualified to earn commissions from recruited affiliates doing the same = pyramid scheme.
Has anything that says “powerline” ever worked out great for anyone?
This one is really working the rounds on all the forums as easy cash.
here we go again but interesting they are seeking to give more substance to the retail option which is a classic platform to say we are not just commission based.
These guys are learning but starting from a very tedious base.
Down within their T & Cs, this is a bit worrying, but at least they are being truthful:
‘Most Distributors earn less money each month in the compensation program than they are paying for their membership.
Although it is possible, ICoinPro Distributors should NOT expect to make a profit simply by becoming a Distributor as it is very possible that will not occur.
ICoinPro cannot guarantee that Distributors earn a profit by implementing the training materials provided. The products are for educational purposes only.
No Distributor should spend money that they cannot afford to lose to purchase product.’
That last line is the best education they are providing, or should that be classed as patronising?
When considering the massive cryptocurrency “boom” currently happening globally knowledge is a must to greatly reduce buying, selling, arbitrage, and trading mistakes to increase profits.
The majority of the general public is ignorant about cryptocurrency other than it just exist. Many countries are contemplating making crypto their reserve currency. Crypto trading volume rivals that of the stock exchange. To say crypto is anything other than a financial revolution would be a mistatement.
iCoinPro provides core and advanced knowledge. Another way to say it is “everything crypto” Considering there are different types of blockchains such the Ethereum “smart contract”, over 850 types of coins, tokens, trend changes, lots of illegitimate scams, solid techniques required to maximize cryptocurrency profits, and much more I believe having access to that knowledge in one place is not only improved time-management but smart also.
Most of the people in iCoinPro I talked to while I was researching it before joining said they are there for the training and knowledge. That the compensation plan is just “icing on the cake”.
On June 5th I attended the Module 1 training session. There were professionals whose background is cryptocurrecy, wall street, e-commerce, affiliate marketing, real estate, insurance, information technology, and much more in attendance.
The way I look at it is the knowledge nuggets I receive becomes wisdom for application while building my crypto portfolio by preventing costly mistakes and maximizing profits.
I bought communication stock for 33 years and still have it. I started in cryptocurrency 6 months ago in December 2016. My cryptocurrency portfolio value is already equal to 20% of the my stock portfolio. I believe the $1.33 a day I pay to be a member of iCoinPro is well worth it.
This isn’t about iCoinPro compensation plan. It is about gaining the wisdom to intelligently flow with the changes crypto is bringing to the world.
Regardless, affiliates recruiting affiliates in MLM is a pyramid scheme.
If iCoin Pro has more affiliates buying the subscription company-wide it’s operating as a pyramid scheme.
Despite your attempts at pseudo-compliance, I think it’s pretty obvious next to nobody is paying $39.95 a month without the attached income opportunity.
good for you Megagenix -I think it is called cognitive dissonance when you can hold two opposing views at the same time.
Still at lesst you had experts in the room. What did they think about OneCoin–was it /is a costly mistake.
I agree nuggets are useful.
Most of which just requires spending time on Google and Wikipedia.
Paying $40 a month for info you can get for free is bogus. The $40 is pretty obviously for the income opportunity.
The training iCoinPro provide is worth every penny. No need for Google search anymore trying to find out what to search for.
I’m looking forward to learn more about crypto currency and trading so I can gain more from my own trading. And of course, also be able to earn from the business as well. More earnings = more trading on e.g. Poloniex or Bittrex.
And as we say when talking about earnings:
Happy trading 🙂
I assume Magnus Berg translates to big crack so you play the violins while this scheme goes down!
Pathetic–so all you newbies be careful as you are being told get in early etc.
Definition of Insanity –doing the same thing time and time again and believing next time it will work.
Ya…I don’t understand why anyone would need cryptocurrency training. If you can shop online, you have the skills to buy cryptocurrency.
As far as it going up or down it’s totally unregulated and decentralized. No one truly knows what it will do long term.
ICoinPro. It’s like I asked the lady who tried to recruit me. What are you going to do with Cryptocurrency which hasn’t been done 80,000 times already? Her response was that it was a serious business and I had a bad attitude.
Pro has no product. You’re selling memberships so they can sell memberships. You need a real physical product, a clear CEO and corporate headquarters, and the company needs to have been around for a few years. Craziness.
cryptokill – Trading is not going down. It is here to stay. It is more popular now than ever. Trading works well for me now that I can read the signals.
Well done Magnus. Don’t let the facts get in the way and try not to recruit people cos that is called a pyrmaid scheme -or what do you call it?
Pay $40 a month for stuff available elsewhere for free, and it’s worth every penny? Muahahahahaha. I think this proves your sense of “value” is way off.
But you have no idea about the quality of the training on the member pages, so your opinion is also a bit “way off” 🙂
@Magnus
I have every idea about the quality of the training having been in that profession for many years.
What are the specified learning outcomes, what are the assessment criteria and how is the Programme flexed to incorporate variable learning styles and associated team development. I assume you are learning how to sell in a pyramid scheme –yes or no.
That might give us an idea.
Just keep “assuming”, cryptpkill. You’ll be fine. Your question will stay unanswered.
I see some of the comments saying that the information is free online – sure. but you have to jump around and search to find decent up to date material.
As for the opportunity side, the CEO Paul seems very focussed on the product and not the opportunity which is a good thing.
I did speak to him about the fact that everyone is a distributor and not a retail customer and he happily told me about some of their plans for the future – which include a retail website to bring in retail customers.
In confidence, he also told me about some of the stuff they will be releasing and I suspect many people will have a bit of egg on their face.
I am not one to just jump into mlm’s I joined simply to see the product (which was a bit rough and unfinished but they starting to update the modules and they looking REALLY good).
but I must say, I am rather pleased with what I have seen with icp – their stuff is relevant and people love it – it has over 6000 members in under 3 weeks, and their community is growing very strong.
Why would you have to add it later?
As most great scammers do – they tell you what you want to hear so you can move on.
It should have already been in place in front of the 6000 members so they can sell it.
In the future means zero when it comes to retail.
The egg is on your face now!
@Magnus
Had a feeling that questions would be unanswered so am left wondering what you rationale(sic) is in being on this site.
You have had the training so presumably can answer straight forward questions like what were you supposed to learn, how did the trainers gauge that you had learned and how did they deal with the range of competence as well as range of styles in the room (Look up Honey and Mumford Learning styles).
Don’t bother with Team development as you are ultimately just strings of individuals feeding the top layers and I really do question your values in gaining commission from those you introduce. If they are selling mining expertise etc why do you need to earn commission for such development.
Your aversion to questions is typical of Ponzis so stage 1 training is somewhat superficial (and indeed may stay the same).
Take a genuine free tip and get off this site as I don’t really think you will end up professional enough for others to believe you. Hey but what do I Know? Or is that an assumption as well.
You are out of your depth.
Well, after read all the comments I think that is obvious that iConPro mix the powerful system of SkinnyBodycare or similar to the Cryptocurerncies world, using the same trick to “Earn to sell training”, but the point is that this Training is really for new people, not for experts.
So, build a Opportunity to earn money just on training is something that have a countdown timer.
When the company will push promotions, people will join, BUT, if you don’t recruit people, you will never earn consistent money.
My conclusion, for the same money, you can start to learn and earn at the same time, with other companies, forever…
Don’t waste time in monthly fee. 😉
Yes–have heard the “earn as you learn” slogan from our upline . It was pitched as an excuse for not providing effective training. and potential affiliates were described as TOMs -Trust you, Open to opportunities and do they have the Money. Think it should have been MOTs.
And remember guys selling is about building resilience -like the Great Wall of China -ONE BRICK AT A TIME. Thanks John B here in Ireland.
@Pietro D–I agree that Pyramid Schemes are about recruitment chains and greed and not knowledge or skills. Keep away from this Scheme and any OneCoin Affiliates.
As an unbiased industry analyst, I can see some things that iCoinPro is doing better than most other MLM cryptocurrency programs.
Just for the record, I am in no way associated with iCoinPro. Just an honest review here, I am neither a critic of the direct sales industry nor a supporter of iCoinPro.
1. iCoinPro is not selling cryptocurrency coins with the hyped up story that their coin is going to be better than bitcoin and make you rich overnight when they finally take it public.
Almost all other crypto-scams tell this false story. They always collapse because they have no real value creator for their coin, just a bunch of hype.
The only buyer demand is from the distributors buying the coin to sell it when the price is pumped up. YoCoin is good example where people paid $0.35+, and now Yocoin has crashed to $0.003 after the dumping.
A few YoCoin investors made a lot of money, but most YoCoin investors lost their money. This is a very typical scenario. Almost all alt coins are pump and dump coins.
2. iCoinPro actually has a retail product. Most the other scams don’t even have a retail product, they just sell their hyped coins.
In general, education is a legitimate product. The quality of the education and the value for the price still need to be analyzed for real retail acceptance.
Most people do not have the aptitude or the knowledge to search the Internet and make sense of all the unorganized, out-dated, and inaccurate information out there. Good valued education can aggregate good current and accurate content and organize it in a learning format to facilitate the knowledge transfer process.
A professional Learning Management System (LMS) can do this with nugget size multimedia learning lessons with quizzes and exams to help determine if the student really got it.
Information about anything is on the Internet, but that does not negate the need for structured learning environments. History has already proven that people will pay for good delivered education.
Regarding “retail sales”, the litmus test by the industry regulators like the SEC is “Are retail customers buying the product outside of the income opportunity?”
In my review of iCoinPro, this is probably where they get into trouble. First there is no where to sign up as a retail customer. Second, there is no retail sales model, where sales people earn a retail profit for selling products for a retail price higher than their wholesale distributor price.
Everyone pays $39.95, so where is the retail profit and incentive for the distributors to sell retail. It doesn’t exist, the only incentive is to recruit them as a distributor to earn override bonuses on their purchases.
And finally, regulators look at what is motivating the distributors to join? Is it primarily on the value of the product, for which they earn sales commissions as a secondary factor? Or is it focused on the compensation plan with little interest in the product.
Regulators use this test to see past fake facade products that attempt to hide a pyramid scheme of internal sales only.
Unfortunately, a quick search of iCoinPro on YouTube.com reveals 99% of the story is about the comp plan, with nothing about the product. That is very problematic for iCoinPro, and will eventually get them shut-down if they don’t collapse on their own beforehand.
So what is the problem with Pyramid schemes anyway, you may ask? After all, a lot of people are making a lot of money jumping from pyramid scheme to pyramid scheme every 6 to 18 months after they collapse.
Traditional sales generates profits by delivering value to the marketplace for which customers pay money. That money is used to pay sales commissions for delivering that value. Customers get product value and sales people get sales commissions. Everyone is happy.
But pyramid schemes have every participant expecting more money returned back to them as the sought after value. The math doesn’t work.
If everyone is paying x and is expecting to get back x+y, where does the “y” come from. It only can come from one place. Most participants of a pyramid scheme actually get x-y as their returned value.
When pyramids collapse a few people that got in early at the top can make a lot of money, but is is off of the backs of the masses of people that lost all their money. It is not only a legal problem, but more importantly to society, it is a moral problem.
In the end, iProCoin is just another illegal pyramid scheme with no retail sales. The only people paying money are the sames people expecting profits. There is no value being delivered to the marketplace, only a money game to try and generate free money from nothing.
I love iCoinPro because it learns me a lot about cryptotrading. Within a week i knew how simple it is to trade yourself. Just what i needed!
And you can stop iCoinPro whenever you want. It’s cheap and affordable for most people.
As long as i keep learning, it’s worth my money!
I am a trader of crypto and i find their course helpful for people new to crypto trading and basic knowledge.
Nobody can guarantee success on trading cryptos but with a good knowledge your chances of losing decreases.
I agree with that they need to add on more value and services so the $39 bucks are well spent and people stay around not just for the biz opp but they stay because the product have some value. I know they are coming with new features like market signals APP to help the affiliate to make better decision to operate. so that’s good.
I like the company because it is education oriented they deliver on that. Going to google is not going to give you always the best.
NOw, if they deliver on making the educational service better and more attractive for any costumer this program will succeed, if NOT probably it will have some trouble becoming a long term, solid Business opportunity.
I joined and was enjoying the educational part until I got to certain module which stated that the content was yet to be added.
Unfortunately, this causes a glitch in the system stopping anyone from accessing the content on the following modules.
The programming makes it essential that you finish the previous module before the next one will open up.
I sent emails complaining I couldn’t access the following modules but nothing changed by the time my subscription ended so I didn’t renew – I hope if any one responsible for the education program in ICoinPro reads this – they will realize this is a serious mistake to ignore.
I would be interested to see what an unbiased review would reveal now. Can you give us an update that reaches beyond the focus on MLM, pyramid, or ponzi and review the actual product?
No. The original review is unbiased and based solely on iCoinPro’s business model.
When you’re running a pyramid scheme what you attach to it is irrelevant.
@JD, was your comment a joke?
No I respectfully disagree, There is a service provided and the focus is not on recruiting. The customer is not solely reliant on recruiting to earn money and they do not depend on new money to sustain their business.
The focus is not on the comp plan and they make no such claims. The focus is on the training and the trading tools that they provide.
Now before one goes and says we can find this same training elsewhere for free, I will just say, prove it to me.
The micro profit system, tools, and training cannot be found elsewhere and trying to find comparable tools and training would require far more knowledge than the average person has. (Ozedit: Offtopic derail attempt removed)
What you attach to recruitment commissions is irrelevant. Paying affiliates to recruit affiliates in MLM = pyramid scheme.
It should be pretty obvious that the majority of revenue iCoinPro are deriving is from affiliate subscriptions.
Without the attached income opportunity, who in their right mind pay iCoinPro $39.95 a month for “cryptocurrency training”?
Oh and what exactly is the micro profit trading system?
Actually don’t worry about it. This and this alone is the one reason iCoinPro should be given a wide-berth:
Lending cryptocurrencies (every single one of them) = Ponzi schemes.
iCoin Pro are funneling people into Ponzi schemes? That alone negates anything legitimate that might be offered.
Am I to understand that everything that has an MLM compensation plan is an illegal pyramid scheme? (Ozedit: No. Offtopic derail attempts removed.)
Being a member of Both I cannot see your point of view as far as compensation goes. The fact that you are not a member yourself explains why you cannot see the value of icoinpro service or the value of their micro profit system.
Again I am not trying to be argumentative but respectfully disagree yet open to hear your reply. It does appear to me that you are biased against anything with a unilevel or multilevel comp plan though or am I wrong?
Value is irrelevant when affiliate recruitment makes up the majority of an MLM company’s revenue.
You’re wrong.
The real question is who forks over $40 a month for alleged lessons when one doesn’t even know what the lessons are supposed to cover?
I mean, with something like GreatCoursesPlus I know I’m getting lessons from real professors and other professionals with credentials.
It just *may* be that these guys have some lessons, but really, where’s a syllabus of what’s been covered? Can I buy the lessons separately? etc. etc?
Or is this just like OneCoin purportedly selling “education packages”?
ICoinPro Owner’s are Ripoff A-hole Crooks! Do Not do business with them ever in “Any” Program!
Value is irrelevant when affiliate recruitment makes up the majority of an MLM company’s revenue makes no sense. every membership affiliate program depends on membership fees to exist.
Are you saying all MLM’s are illegitimate because they have a multi level comp plan?
Fuck me, put down the marketing book son.
I said what was clearly said, in plain English. No more, no less.
Nobody said anything about “membership affiliate programs”. I clearly stated MLM companies.
Why would I be looking to find these anywhere else anyway?
Better yet are you using this stuff?
I smell a rat cooking up his commissions!!
Mr. Loveland is working on establishing a track record of questionable choices, i.e. Traffic Monsoon, BitClub Network, MavWealth, United Games Sports App, WorldVentures, Now Lifestyle, My 24 Hour Income, USI-Tech(?).
JD, you might want to step back and do some re-evaluating exactly how you make these picks.
Hey guys, I am not recruiting here. Yes Mr Baily, I do have a track record of questionable choices, i.e. Traffic Monsoon, BitClub Network, MavWealth, United Games Sports App, WorldVentures, Now Lifestyle, My 24 Hour Income, USI-Tech(?) and agree about reevaluating my choices.
(Ozedit: Solicitation for recruitment removed)
Maybe Oz is in his 90s so son is okay. 🙂
If you read regularly on this site and see how “hateful” many defenders of scams can be, you may just see why some here can come off that way. Essentially, regulars here see the same scam excuses over and over again. Can be a tad frustrating.
IMO, the vast majority of MLMs are either outright scams or border on the illegal. Most are much more sizzle than steak. Without an opportunity attached, most could never compete in the open market. MLM attached to crypto always equals scam at this point.
If Char pops in on this thread, she’ll gladly let you know that all MLMs are scams. 😉
Athough BMLM does reviews, it does not give recommendations.
From what I’ve read here over the last several years, most reviews are “negative” (I call it realistic) because most MLMs are garbage.
Not a recommendation, but here’s an example of one of Oz’s reviews that is about as non-negative as it gets behindmlm.com/mlm-reviews/tavala-review-great-retail-focus-autoship-recruitment-let-downs/
MLM should be about the product, not the opportunity, so any so-called legit MLMs are harder to find because they aren’t all about recruiting which makes them less likely to be found on biz opp sites and other MMO focused places.
Just my .02
The domain icoinpro.com is for sale:
NOLINK://share-your-photo.com/img/51323af0b3.png
By the way: I received an eMail with an address from NEVADA, not Texas:
FAKE or real? I don’t know. 🙁
Thanks Chris for your detailed response.
“Choices”?!!!!! Perhaps you should reevaluate what you are “doing”.
Unable to purchase the (one month plan) with my prepaid mastercard, they keep prompting me to the next higher expensive plan!
Plus I am unable to contact them…Mail Client??? Help!!!
Mo’ money, mo’ profit. Working as intended.
Lucky for you as this is a RIP OFF COMPANY!!!! First-Hand Experience!!!
wow there are some gits here.
you guys all look at their mlm side of the biz, calling out your own bullsh*t when not one of you idjits has looked at their product.
go to (Ozedit: Snip, see below.)
When you’re running an MLM pyramid scheme with no retail, it doesn’t matter what the product is.
Ref: any pyramid scheme litigation in the history of the planet.
So before you run around abusing other readers, how about you get a clue son?
Rip Off Company! STAY AWAY!
Now the scammers of icoinpro.com are again looking for new victims in Germany. I got this email today:
NOLINK://https://share-your-photo.com/cca6ebef7b
That’s because ICoin Pro has virtually collapsed with an Alexa global ranking of 571,308 having fallen 346,179 places in the previous 90 days
I quote from an email from today:
share-your-photo.com/7bc10be764
Screw this RIP-OFF Company and Sousa!
needs to learn more in what is trading cryptos.
Then I suggest you don’t waste your time with paid membership nonsense.
There’s plenty of information out there on trading cryptocurrency.
He’s still at it.
pasteboard.co/Jdweoi3.png
Lol. And the 2nd comment underneath is by serial scammer, *Ari Maccabi
*SEE: realscam.com/f11/ari-maccabi-ponzi-pimp-his-brand-4844/
As far as an attempt at legitimacy via association, that’s pretty weak sauce.
This doctor takes his car to X mechanic! What does he know that you don’t?
Fuck all. He’s a doctor, not a mechanic.
I received this invitation by email yesterday.
In the video: Justin Clark, Creator of The Micro Profit System and Co-Founder of iCoinPro.
share-your-photo.com/95d7cab94d
The video is old. It was published on YouTube on October 31, 2020.
share-your-photo.com/92fb129ac3
youtube.com/watch?v=YEntyPkuVBk
19,303 views, but only 43 likes!
Lots of icoinpro videos on YT, but I don’t see much engagement. Most view counts are well under 1,000, and likes are even more scarce.
I watched a few minutes of a vid with Clark and Sousa shouting at their webcams about their wonderful business when, out of nowhere, Clark barked out a nervous laugh.
It’s a laugh I’ve heard before, by people who were lying to me (or about to).
Life Pro Tip: if you ask someone a legitimate question and they laugh nervously before answering, they’re probably cooking up some fresh porkie pies.
Oz wrote:
That was in May 2017. Now Paul De Sousa and Justin Clark are enticing you with new offers via email.
share-your-photo.com/ea3b048e4f
For $39.95, the buyer gets Basic+ only. Full access costs $99.95 per month:
share-your-photo.com/c0a05730c5
Full access 3 month pass costs $280 and then $99.95 per month:
share-your-photo.com/dc038c689a
Link to the video:
share-your-photo.com/3f24e70cdf
youtube.com/watch?v=tTW7OMrR5Uk
They just re-launched it. Many representatives from LiveGood company and My Daily Choice leaders are moving their teams over to the iCoinPro relaunch power line.
I guess no one looks at Justin‘s past frauds before jumping over from my daily choice and LiveGood company.
Justin Clark has just re-launched i coin pro.
Pre-launch for a six-year-old scam?
Justin Clark is now:
share-your-photo.com/0899b1fe75
Paul De Sousa is now
share-your-photo.com/5650b2bf5d
Is it just me or is this coincidental or planned. After all, Justin Clark was Ben Glinskys right hand man promoting Skinny Body care straight-line powerline gimmick 12 years ago which collapsed.
They live in Florida together… big state… lots of people do.
Live Good products are cheap white label and generic doing pretty much the same gimmick except now its membership based and good luck shipping products Internationally.
So Live Good promotes a $9.95 a month membership Matrix Power-Line gimmick which is fading because once people stop paying the $9.95 a month the matrix will erode from the bottom up.
So now comes hero Justin Clark, Ben Glinsky’s right-hand man from Skinny Body Care Straight Line Pay Plan Scam to come in and save the day with a relaunch of iCoinPro scam, which I am sure Glinsky has no part of…. HMMM.
This is just speculation of course but think about it and do your research and make your own conclusion.
I noticed that they changed their compensation plan a couple of weeks ago to copy Live Good as a result of seeing how incredibly well LiveGood is doing.
iCoinPro is on BehindMLM’s review list for an update.
When it’s published depends on the news cycle.
hello. I felt I had put in my 2 cents, I actually gave into the hype and signed up.
Oz, You say icoinpro are funneling people into lending ponzis – I went looking for this but no where on their website do they funnel people anywhere.
They teach about the mechanics of crypto lending but don’t don’t link to anything anywhere only thing I remember them mentioning was lending on Poloniex which is not a ponzi.
As for their product – I’m actually liking it, its a real trading course and they have some software that “finds trades” for you, I was skeptical but it actually works if you follow their training.
ok sure their trading course is stuff you can find on youtube videos but their strategy is pretty sound and they mix in their own TA and they have an upcoming portal similar to cryptoview however theirs adds in your DCA amounts and other cool features.
Their other stuff (The education) needs updating though, its outdated.
I also noticed how Paul Sousa went from CEO to Director of Education, not sure if a demotion or if he lost interest in the business or disillusioned because of the MLM side, he never seemed to promote it hard.
I’ve followed him on Facebook since he used to peddle bizopp traffic and he went quiet for a while but seems to be back doing a lot of marketing and back end stuff.
He explains crypto very well, I will give him that. I can do without listening to Clark’s whiney voice sometimes but he also explains well just wish he would slow down sometimes.
Overall I think some of the reviews on here are harsh and bordering on unfair since they actually have products which are genuine, their trading course is well explained and thought out and I think their trading GUI could be a massive hit actually.
I just don’t like the MLM bit, at all.
But at the end of the day, MLM is just another form of marketing and if it works for them so be it but since I have started learning their stuff and signed up, I have never felt pressured to “bring my friends to a Tupperware party” so to speak.
Overall it’s definitely no scam, just has questionable marketing practises.
De Sousa was promoting MLM crypto Ponzis and had a background in lead generation.
Surely you can put two and two together as to iCoinPro being a funnel. And let’s cut the crap, circa 2017 “lending” was MLM crypto scamspeak for Ponzi schemes like BitConnect.
Re. iCoinPro being a scam, if the majority of participants were affiliates it was a pyramid scheme. All pyramid schemes are scams.
And of course the pyramid scheme is front and center with iCoinPro’s 2023 reboot.
As I said, other than lending for margin traders, there’s no other mentions of lending which is something that happens in normal stock markets so hardly a funnel for ponzis.
Unless Im mistaken, can you elaborate? Im just playing devils advocate here.
Also, not sure of which crypto ponzi’s Sousa was promoting. Im not saying he is a pillar of virtue but how does lead gen equate to ponzis?
If you’re clueless on the BitConnect “lending” era of MLM crypto Ponzis, that’s research you haven’t done.
And I’m sure there was no public mention of iCoinPro affiliates being funnelled into Ponzis. That’s why it wasn’t mentioned in the review.
It was revealed after the fact, when iCoinPro started banging on about “lending cryptocurrencies”.
Please stop wasting my time. You’re commenting on iCoinPro’s original review. We’ve published an updated review for the 2023 pyramid reboot, which you’ve obviously not read.