Tag Archive for Digital currency

LEOCoin Founders Linked to Pyramid Scheme in Pakistan

 
The latest alternative currency hype launch, LEOCoin, has received quite a bit of attention, following a series of outlandish claims. The developer team behind LEOCoin, in a recent CNBC article, claimed that several thousand merchants were willing to accept the digital currency.

“The company therefore claims it has 131,176 registered businesses ready to use LEOCoin, potentially making it the “second largest digital currency” in the world.”

Several media outlets have requested the founders of LEOCoin to provide some evidence to back up the claims made in that particular CNBC article. However, no commentary has been so far by LEOCoin representatives. As of today, nobody seems to have any idea as to who the 131,175 merchants really are. LEOCoin’s developers, Dan Anderson and Atif Kamran, have a somewhat checkered past.
In 2012, Anderson and Kamran were warned by

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Swiss Based Preiscoin Launches Certified Coach Program Worldwide

 
Swiss based Preiscoin launches a new membership level called Certified Preiscoin Coach.
Certification means that a coach is not only knowledgeable in it’s digital curency called Preiscoin (or PRS), but also as a direct-seller with tenured success in the field of marketing and sales.
Coaches are accredited to help people to understand the nature and purpose of cryptocurrency and ensure wider acceptance of Preiscoin in respected local markets.
Certification also enables coaches to properly guide all new affiliates through the system and teach them the basics of the PRS’s business model. Top leaders of Preiscoin have immediately upgraded to this new level and company reports having already over 50 Certified Preiscoin Coaches in several countries on 3 continents.
Preiscoin Group AG is based out of Switzerland that offers the Preiscoin (PRS), an alternative digital currency based on the Bitcoin protocol. 
Preiscoin uses a Forced Matrix compensation structure for affiliates to build up their customer base.
The Forced Matrix Plan is a compensation structure with a set width and depth on which distributors are compensated.
Preiscoin offers 4% residual commissions on every sale down to 7 levels in the 3×7 forced matrix.
A customer or affiliate who purchases a mining subscription will grant you the “base” – that is a fixed sum of Preiscoins every month staring at CHF 25

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