Welcome to my Neworkoin Review!
It’s been a blessing that I can literally spend every single day at home with my family, all while building an online business that supports us. Other people are doing it as well, and at this point, everyone is starting to like the idea of a laptop lifestyle. I support you in your journey towards financial freedom. Seeing that I basically write tons of reviews on online businesses here at DollarCop, I’m very experienced at telling the difference between good opportunities, and corrupt one’s
I provide only unbiased opinions, and whatever facts I find. I’ll make sure that you learn everything there is about Neworkoin. Finding just the truth is hard when every YouTube video and blogger is throwing their Neworkoin referral link at you. I am not a member of this company. Now let’s get down to business.
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Neworkoin Review – The Company
MLM companies are here to stay and have been proven to be working business models that offer a very lucrative way to earn massive money online. Andro Viragh, the person behind this newly launched company made a good decision to launch an opportunity in the crypto space.
He and his company has been around since 2018 and provides a good sign that they are doing something right.
Andro was marketing for Enagic’s Kangen water filters before deciding to start a company of his own. Great choice on his part.
Neworkoin Reviews – The Products
Getting into a good MLM company is a great way towards financial freedom. Particularly, you want to be apart of the ones that are offering a product line. In this case, Neworkoin offers no product, unfortunately.
I had recently done a review on an MLM company, and they were selling health patches that go on your skin and I gave them a big thumbs up. Personally, I can’t support Neworkion for lacking such a very important aspect of their business.
The second instance I mentioned is a perfectly legal model. This company, on the other hand, is bordering what the Federal Trade Commission considers cash gifting. The pay to play setup is illegal.
Although I know for a fact you could build a solid income from this, I am forced to abide by the law and preach the truth. Sorry, not sorry!
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The Neworkoin Compensation Plan Review
Affiliates purchase virtual token and a return on them. Cashing out requires you to sell your NWK tokens back to the company at purchase value. On the other hand, members can use their special referral link to bring in new members. It’s important that new members are entering the company or the business will crash.
Neworkoin in facts never mentions how everything works, this is red sign number one. One can only assume this is another one of those Ponzi schemes that seem to pop up every week.
Cost to Join Neworkoin
€50 EUR is the minimum requirement for getting started.
Verdict on Neworkoin Review
I’m totally down for getting paid online. In fact, I support any business model that works and can actually earn affiliates money. The thing is that I’m not above the law.
Putting Neworkoin in front of the Federal Trade Commission would end up a bad outcome. Is Neworkoin a Scam? In my opinion, no.
According to the law, yes and they illegally operated.
At no point did they ever talk about an external resource. All they did was claim the results that you can receive. Is that even enough for you to trust your money with them? I don’t think so. Could the system still work? Of course.
So how are they able to offer us this opportunity? Simple, all new users basically pay the expense of older members. This goes on and on until recruitment slows down and the entire company falls apart.
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You see super affiliates all the time posting results of how they make $20,000/month and recruit hundreds of people a month. Starting out and trying to duplicate those results are frustrating. In the beginning, I could barely earn $10/day from home.
And it sucked. Here I am living in my parent’s house trying to chase my dream and failing terribly. My parents were speaking of kicking me out, they said I needed a real job. The day they said that, I almost quit.
But my determination wouldn’t let me. Then something happened, I had a moment of realization that forever changed everything. It took me 4 years to have that moment.
Now I’m in a position to educate beginners on successfully working for home. I know what it’s like to start from the bottom and bring tired of false promises.