Welcome to my Red Cloud Mine Review!
Chances are someone approached you about this business opportunity and now you are here to make sure it’s actually legit!
Good news!
You are actually doing you research and I would like ton congratulate you on that.
So many people jump into business’s on hype alone and later on find out they joined a scam all along.
In this blog post, I am going to walk you through the company, products and compensation plan so you can make the right decision.
Find out of it’s legit or a scam!
Red Cloud Mine Review – The Company
When I checked out their website, there is no information on it mentioning the leadership or owners of the company.
What I do know is Red Cloud Mine registered it’s domain “redcloudmine.com” on the 3rd of June 2016.
Then I found a funny little statement on their website saying:
We have been in business since 2011 but officially we started in full pace since 2014.
How is that possible?
Also, they have a random template stating the following:
I am John Doe, a senior advisor and administrator for an independent owned cloud mining company called Red Cloud Mine, Inc.
First of all I am a mining expert and I was a mining analyst for 13 years.
That’s strange because cryptocurrencies have been in the marketplace for about 7 years…
Not 13…
Unless they were from another planet or something…
So far their website at the time of this review are just stock photo’s..
Anyway, that’s all I got on the company for you guys…
Let’s take a look at the products…
Red Cloud Mine Reviews – The Products
It looked like Red Cloud Mine has no real products, but gives you the ability to actually market the actual membership.
This is another red flag already…
First was the owner mentioned on this website “John Doe” is a fake lol.
Anyway, let’s keep digging…
Red Cloud Mine Compensation Plan
In this company, Red Cloud Mine members invest 0.1 to 50 BTC or more on a promise they will get a 3% per day ROI for 60 days which adds up to 180%.
Referral Commission Payout
When you sponsor members in Red Cloud Mine, you get paid through a unilevel compensation plan.
If you don’t know what that is, check this out:
You
Level 1: Personally enrolled members
Level 2: Level 1’s personally enrolled members
Level 3: Level 2’s personally enrolled members
and on so on…
Now having that said, Red Cloud Mine pays through over 5 levels…
They haven’t mentioned any caps…
This is what that looks like:
- Level 1 (personally enrolled members) – 9%
- Level 2 – 5%
- Level 3 – 3%
- Level 4 – 2%
- Levels 5 and deeper – 1%
Team Builder Pool
When a Red Cloud Mine affiliate sponsors at least 10 members who invest at least 5 BTC, they can earn a share in their 2% of the invested funds in this company.
Cost To Join Red Cloud Mine
Cost to join Red Cloud Mine is with a minimum investment of 0.1 BTC.
Red Cloud Mine Review – The Verdict
Well let’s see here…
The website has a fake owner with fake management that doesn’t exist…
The company claims it will give you a 180% ROI in 60 days even though BitCoin prices fluctuate all the time…
Right now there is no proof that Red Cloud Mine is making their ROI’s through BitCoin mining…
The real reason could be that they are using the invested funds by affiliates to pay off existing members.
The big problem with not having any external source of income coming to the company is once recruitment slows down, the company will go under.
It won’t be able to pay off their 180% ROI in 60 days…
Anyway, I personally don’t recommend this company and you don’t know what to join keep reading…
First, I want to say thank you for reading my Red Cloud Mine Review, and if you have any questions leave them in the comments below.
What Should You Join?
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Also,
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To Your Success,
-Jesse Singh
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The post Red Cloud Mine Review – Legit Business Opportunity or Scam? appeared first on Marketing Xtreme.