Secular Coin, which is a new entry to the ICO Ponzi niche, has not mentioned the names of its founders on its website. I checked the WHOIS for the domain (secularcoin.co), but it was also registered privately on 12th December 2017 and provide no insight to the name and address of the domain’s owner.
The website claims to build an ecosystem for investing, staking, cloud mining, trading, gaming etc. However, they have not provided no evidence, leaving us affiliate recruitment program, the only way to connect with the company.
If you wish to join the affiliate program at Secular Coin, you can do it for free. This will allow you to earn the referral commission. To get the full participation, you need to invest a minimum of $100.
As usual, if a company is not transparent, especially a MLM company, it would be wise to stay away from investing into it. Secular Coin is not true to its affiliates and provide no links to the profiles that started the business. So, it would be better to reconsider the decision of joining Secular Coin.
Secular Coin – Compensation Plan
Secular Coin offers SECU points for 0.60 dollars to 1 dollars each. The affiliates invest real money in the exchange of SECU points. After acquiring these points, the affiliates lent it back to the Secular Coin platform in the promise of daily as well as monthly ROI. The monthly ROI is claimed to go up to 48% which seems too good to be true.
- Plan 1: You need to invest $100 – $1000 for receiving monthly ROI for 180 days
- Plan 2: You need to invest $1001 – $5000 for receiving monthly ROI as well as 0.15% daily ROI for 150 days
- Plan 3: You need to invest $5001 – $10,000 for receiving monthly ROI as well as 0.25% daily ROI for 120 days
- Plan 4: You need to invest $10,001 – $100,000 for receiving monthly ROI as well as 0.3% daily ROI for 90 days
Secular Coin – Referral Commission
Secular Coin follows the unilevel structure to pay its affiliates the referral commission for recruiting new affiliates. An affiliate is placed on the top order. Directly recruited affiliates are placed directly under the affiliate who recruited them.
For example, if the top affiliate recruits new affiliates, they are placed on level 1. The affiliates that are recruited by the level 1 affiliate are placed directly under them on level 2 and so on. This goes down to an infinite number of rows.
Secular Coin has put the cap on level 10 and the affiliates are paid percentage of funds invested by the new affiliates.
- Level 1: 7%
- Level 2: 3%
- Levels 3 & 4: 1%
- Level 5: 0.5%
- Level 6: 0.3%
- Level 7: 0.2%
- Levels 8 to 10: 0.1%
Secular Coin: Residual Commission
Residual commission is paid via binary compensation plan. An affiliate is placed on the top and two affiliates are placed under him, on left and right. These are placed on level 1. Each affiliate on level 1 are allowed two affiliates on left and right, making a total of 4 affiliates and so on.
There is no limitation to the number of rows in this binary compensation structure and by the end of every day, the left and right side is matched for the new investment and the residual commission is paid as follow:
- Plan 1: To earn a 3% residual commission, you need a matched investment volume of $100,000 or less
- Plan 2: To earn a 3% residual commission, you need a matched investment volume more than $100,000
Secular Coin Review
Krzysztof Bogdan: 1 Like 1 Share? SCAM.
Conclusion from the above review
Secular Coin is not much active on Facebook or it would be apt to say that the company does not have much follower on Facebook. There are only two friends and I was able to get one comment from a user who has claimed this opportunity as scam.
It would not be a difficult guess. They way this company has carried the work so far, it could not be considered legit.
Well, Secular Coin has not only proved to be a flop in the ICO ponzi niche, but has failed to justify the name of its company itself. Secular which connects with religion, seems to be a peculiar name to this niche.
The company has described the word as ‘Forever’. I am not able to find any such definition in any dictionary I have accessed so far.
The entire website is colored with incorrect usage of vocabulary and improper grammar. This signifies that the company has done close to no work in forming its brand.
A failure to prove availability of any retailable product, makes the company a lending ponzi scheme. The funds invested by the new affiliates are used to pay the existing ones.
The affiliates are further encouraged to park these coins with the platform promising huge ROIs. However, these all are ways to discourage affiliates from withdrawing their points.
Once, the recruitment would freeze, the ROI will freeze as well. The affiliates would be paid until the minimum threshold is reached. After that, the anonymous owner would run away with the funds left with the platform.
Hence, you need to be cautious before planning to be a part of the affiliate program with Secular Coin.