My Crypto Consult Review – Is Mycryptoconsult.io Scam or Legit MLM?

My Crypto Consult Review – Is Mycryptoconsult.io Scam or Legit MLM?

Welcome to my My Crypto Consult Review!

The future of the economy has arrived with the present of cryptocurrency and blockchains.

The landscape of crypto-investment is changing, and it is happening fast.

Recently, this topic is once again discussed in public.

Have you thought about My Crypto Consult and joining this latest opportunity?

My Crypto Consult is a cryptocurrency company that you can make money from external arbitrage trading and get your passive returns.

I have decided to take a closer look at this company since there is so much hype on it.

The main concern of us is how to make money from this company.

Thus, I am going to reveal the nuts and bolts of My Crypto Consult in this review.

This review consists of information like:

  • What is My Crypto Consult?
  • How to Join My Crypto Consult?
  • How to Make Money with My Crypto Consult?
  • What Do I Like About My Crypto Consult?
  • What Don’t I Like About My Crypto Consult?
  • Is My Crypto Consult A Scam?

Before I start, I must congratulate you for spending time to do your own research about the truthfulness of any program.

It is important to check a program’s review before buying it because there are too many scammers online!

I am not associated with My Crypto Consult in any way so rest assured that I am not here to sell you anything.

My Crypto Consult Review Summary

Product Name: My Crypto Consult

Author: Willi Morant

Product Type: Cryptocurrency Multi Level marketing

Price: Minimum $120 (1,000 GLAM tokens)

Rating: 3/10

What is My Crypto Consult?

My Crypto Consult is a multi level marketing (MLM) company in the niche of the blockchain and cryptocurrency market.

According to WHOIS, the company website was created on June 29, 2018, and the latest update was on June 6, 2019.

My Crypto Consult runs the trading on GlamJet, the next generation all-in-one app platform.

They also claimed it is the world’s largest cryptonized luxury ecosystem.

In regards to the management team, there is not much information can be found on their official website.

However, the heart and soul of My Crypto Consultis their CEO, Mr. Willi Morant.

And, he credits himself as “Project Development”.

「Willi Morant」的圖片搜尋結果

To be honest, what My Crypto Consult doing is a very unique yet interesting business which newly growing exponentially in the market.

Here you can simply keep your cryptocurrency, also you can do something way more interesting!

Start earning PASSIVE INCOME!

How to Join My Crypto Consult?

To get started, you can join by clicking on “Join Now” on their official website.

However, you must have a referral link in order to start the registration.

According to their company website, one GLAM token equivalent to $0.12.

To invest funds and earn an expected return, you can access to their token packages of:

  • Quick Starter – 1,000 GLAM tokens
  • Leverage Pack – 9,950 GLAM tokens
  • 7PayMaxx All-In-One – 29,500 GLAM tokens
  • VIP and Elite – maximum 10,000,000 GLAM tokens

Moreover, My Crypto Consult affiliates have to reinvest every 6 or 12 months.

Additionally, VIP and Elite package can only be joined by invitation.

These membership packages are to grant you eligibility for the full participation of My Crypto Currency’s compensation plan.

How to Make Money with My Crypto Consult?

My Crypto Consult does not offer tangible products, their compensation plan is mainly based on the affiliate membership you sold.

Switching gears to look at ways to earn money from joining My Crypto Consult now!

The affiliates can earn by receiving a token bonus by investing in GLAM tokens.

  • Quick Starter – 300% token bonus
  • Leverage Pack – 300% token bonus
  • 7PayMaxx All-In-One – 325% token bonus

The more you invest in GLAM tokens, the higher your GLAM token allowance will be.

Direct recruitment commission

For every affiliate you personally recruited, My Crypto Consult will pay you a 10% direct recruitment commission on the token packages he/she subscribed to.

Binary residual commission

The binary plan works on the distribution of two sides (left and right).

Your binary team will be filled up via direct and indirect recruitment of affiliates.

Alike many other compensation plans, My Crypto Consult will sum up the new investment volume on the left and right sides.

However, there is no specific time frame stated by the company.

Then, the affiliates will receive either a 5% or 10% commission on the weaker side based on the affiliates’ investment funds.

Matching bonus

In a matching bonus, the sponsoring affiliate receives a commission based on the downlines’ earnings.

The matching bonus is tracked and paid through a unilevel compensation structure.

For instance, the affiliates you personally introduced affiliates will place at the top (Level 1) of a unilevel team.

When Level 1 affiliates did the same as you, refer new affiliates joining the program, these new downlines will place at Level 2 of your unilevel team.

These will repeat until it reaches Level 10 of your unilevel team.

The matching bonus offered by My Crypto Consult depends on the number of affiliates you have sponsored.

  • If 2 affiliates sponsored, you will receive a 5% matching bonus on Levels 1 and 2
  • If 3 affiliates sponsored, you will receive a 5% matching bonus on Levels 1 to 3
  • If 4 affiliates sponsored, you will receive a 5% matching bonus on Levels 1 to 4
  • If 5 affiliates sponsored, you will receive a 5% matching bonus on Levels 1 to 5
  • If 6 affiliates sponsored, you will receive a 5% matching bonus on Levels 1 to 6
  • If 7 affiliates sponsored, you will receive a 5% matching bonus on Levels 1 to 7
  • If 8 affiliates sponsored, you will receive a 5% matching bonus on Levels 1 to 8
  • If 9 affiliates sponsored, you will receive a 5% matching bonus on Levels 1 to 9
  • If 10 affiliates sponsored, you will receive a 5% matching bonus on Levels 1 to 10

Holiday and Car Bonus

You can also enjoy the holiday and car bonuses which tie in with their exclusive partner, Holiday Coin Club.

In spite of the compensation plan, there are the maximum amount of GLAM tokens each affiliate can.

It depends on the investment packages you subscribed to.

  • Quick Starter – 44,000 GLAM tokens and commission capped at $2,000
  • Leverage Pack – 6,500,000 GLAM tokens
  • 7PayMaxx All-In-One – 22,000,000 GLAM tokens
  • VIP and Elite – maximum 7,500,000,000 GLAM tokens

What Do I Like About My Crypto Consult?

1. Mobile-friendly dashboard

My Crypto Consult provides you a mobile-friendly dashboard as shown in the picture above.

It enables you to monitor and manage your GLAM Utility Token contributions as well as commissions.

Every affiliate you personally referred to and the team will be shown too.

Besides, promotional material or vouchers can be also be accessed.

What Don’t I Like About My Crypto Consult?

1. Absence of testimonials

My Crypto Consult does not provide any testimonials or Income Disclosure Statement.

There is no other evidence online that anyone has made any real money with My Crypto Consult.

2.Vague investment information

Lacking information on how the company manages the investor’s money.

They are not backed by a real and verified trader, only rely on the Glam Jet platform.

Naturally, there is also no proof and information at all on who is running behind the scenes.

Moreover, Glam Jet claims to generate revenue via e-commerce, escrow, trading and financing, smart contracts as well as face-to-face exchange.

But there is no evidence of them participating in any of these activities.

3. Limited exchange platform

Currently, there’s a limited platform for us to sell or buy GLAM tokens.

From my research, GLAM tokens are not available for trade on any major exchanges yet.

And, I don’t find any internet platforms or shops is accepting GLAM tokens as a method of payment.

Is My Crypto Consult A Scam?

For me, I consider My Crypto Consult is a Ponzi scheme.

I will say that it is one heck of a misleading opportunity.

However, I would keep this program in my list and monitor it closely since it is a relatively new cryptocurrency MLM program.

My Crypto Consult claims that they are driving the crypto evolution and stake a claim in emerging cryptocurrency.

Yet, the investment and return are all in GLAM tokens.

These tokens’ value solely depends on the demand, resulting from the people’s investment.

In other words, the coins have no actual value.

Imagine what will happen if there is no demand?

Lastly, my review has provided all the necessary information needed.

If you still making up your mind on whether to sign up My Crypto Consult, please do not make an impulsive decision.

I would still advise that you conduct thorough research, gather detailed information and then use that to make your decision.

 

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