Like always, I was not able to find names of the founders of the company on the website of New Level Coin.
I did the WHOIS search and found out that the domain (newlevelcoin.co) was registered on 21st November 2017 under the name of Ricardo Joseph. The address provided is of Johannesburg, South Africa. However, there is no mention of Joseph on the website and I could not find any connection of him with the company.
New Level Coin does not offer any verifiable services or products under its roof, leaving affiliate recruitment program as the only means to connect with the company. If you wish to stick with their referral commission, you can join their free membership plan. But, to enjoy all the perks promised, you need to invest at least $100.
I understand that these offers can lure users into investing with these companies. However, the red flags that they carry makes them risky option. So, take your time before you jump into investment with companies like New Level Coin.
New Level Coin – Compensation Plan
NLC points are offered to the affiliates in exchange of real money. The website does not mention the amount accepted for these points. After affiliates acquire these points, they are further encouraged to lent back these points to the platform in the promise of high profits in terms of monthly ROI.
- Plan 1: You must invest $100 – $1000 for receiving daily variable ROI
- Plan 2: You must invest $1001 – $5000 for receiving daily variable ROI as well as 0.1% bonus daily ROI
- Plan 3: You must invest $5001 to $10,000 for receiving daily variable ROI as well as 0.15% bonus daily ROI
- Plan 4: You must invest $10,001 to $50,000 for receiving daily variable ROI as well as 0.2% bonus daily ROI
- Plan 5: You must invest $50,001 to $100,000 for receiving daily variable ROI as well as 0.25% bonus daily ROI
- Plan 6: You must invest $100,000 or more for receiving daily variable ROI as well as 0.3% bonus daily ROI
New Level Coin – Referral Commission
The unilevel compensation structure is used to pay referral commission to the affiliates of New Level Coin. In this structure, an affiliate is placed on the top and the personally recruited affiliates are placed directly under the one who recruited them.
For example, the affiliates who are recruited by the top affiliates are placed on level 1. Those who are recruited by the level 1 affiliates are placed on level 2 and so on. This goes on for the unlimited series.
The commission is paid till 3rd level. A percentage of funds invested by the new affiliates is paid to the one who recruits them.
- Level 1: 10%
- Level 2: 5%
- Level 3: 2%
New Level Coin – Reviews
Carter: Companies like New Level Coin keeps coming up because people keep investing into them. New Level Coin is a pyramid scheme for sure and people who are investing will soon realize that they are losing their time and money. Another scam.
Philip A: I just had a chance to register with the platform. It seems fine. There are not much people talking about it though. I felt as if I was the only one roaming on the facebook account. Is it going to work? I cannot think of an answer until the ICO starts.
Conclusion from the above Reviews
The ICO will be up soon and we would come to know how popular it is among its users. But, the matter of fact is that, New Level Coin is another Ponzi Scheme running scam. If you are one of those lucky ones to take some profits back home, its your day. But, there are people who will lose that money to get a smile on your face.
It’s funny to quote that the company has a secret arbitrage strategy to source ROI. New Level Coin claims that this strategy would help them in exploiting the volatility within the market and giving them an upper hand over their competitors.
New Level Coin provides no evidence to prove that the arbitrage is taking place. This simply means that they have nothing handy other than the sweet talks to lure affiliates into the bogus scheme.
It is foolish of them to say that by providing an evidence will compromise their secret arbitrage strategy.
The company is only operating with the help of new funds invested by the new affiliates. So, once the recruitment would freeze, the ROI will stop rolling in. Those who would be joining early, would be able to make some profit. But, majority of the affiliates will lose money.
If you want my opinion, stay away from these anonymous admins as they will be the first to leave the sinking boat with whatever left. So, you will be on your own fighting with the loss. Hence, keep away from New Level Coin if you wish to save your hard-earned money.