What Is eComelize? Avoid This OneCoin Ponzi Clone!
Welcome to my eComelize review!
One of the most notorious MLM companies called OneCoin is still wreaking havoc by going under many disguises, all thanks to their previous leaders and promoters.
The worst part here is that some of them even associate the new companies with OneCoin, even though it’s made international headlines not too long ago.
Today, we’re looking at one of the biggest spin-offs called eComelize.
First of all, I must Congratulate you for taking your time to do your own research before buying into any "seemingly good" product.
That's the way to avoid scams and find the legitimate way to make money online!
Let me be completely transparent with you, I'm not associated with eComelize in any form.
So, rest assured that I'm not here to pitch or sell anything to you.
Instead, I'm here to reveal what this clone has in store for you...
eComelize Review Summary
Product Name: eComelize
Founder: Jan-Eric Nyman
Product Type: Cryptocurrency MLM
Price: EUR 0 to EUR 2790
Best For: No one!
Summary: eComelize is an investment platform that's actually a clone of a notorious Ponzi scheme called OneCoin. There's no way this program's legitimate, and we've got all the red flags for it in this article.
What is eComelize?
eComelize is a MLM or multi-level marketing company that promotes a cryptocurrency investment program. They’re aptly disguised as an e-commerce platform with a MLM compensation plan.
On their website, you’ll find two addresses: one from Spain and one from Delaware, USA. The address in Spain is actually a business center in Malaga, while the address in Delaware is a residential one. Needless to say, eComelize doesn’t have any physical presence in these two countries.
The founder of the company is Jan-Eric Nyman, who got started in the MLM game with a company called Unaico SiteTalk. He later went on to become part of the dev team behind OneCoin. After the company was shut down, OneCoin founder Duncan Arthur went on to rebrand the program as Bycoi.
Nyman and Arthur seem to have had a falling out, as Nyman was issued a cease and desist order by Arthur for copying OneCoin and Bycoi.
There seems to have been some falling out between Nyman and Arthur, as Nyman was issued a cease by Arthur for attempting to copy his business design and launch eComelize based on the Bycoi platform.
eComelize Product Line
There are no products or services being offered by eComelize. And there’s not much to talk about for this section.
The only thing they have is the opportunity to buy into an affiliate membership that allows you to enjoy their income opportunity.
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Does The Product Work?
Make no mistake, just because their memberships are packaged with “store vouchers”, they have nothing to do with the actual compensation plan. It’s actually a smart way to make sure that they have “Something” to offer, but we see right through it.
100% of the commissions are tied to your recruitment, meaning how many people you can recruit into the program by making them purchase the product.
Nyman and Arthur may not see eye to eye, so we’re kind of relieved that they never merged together. Simply put, eComelize is a pyramid scheme which is bound to fail once the recruitment stops.
There’s no proof that:
- Investments are being made
- External funding is going into the company outside of the recruitment fees
- There are other sources of income for eComelize.
How To Make Money with eComelize?
There’s only one way to make money from eComelize and that is through recruitment. You get people to sign up for the income opportunity and you earn a commission.
How To Get Started with eComelize?
You can choose between the following packages to join eComelize. The higher the package you purchase, the higher your income opportunity.
- eComelize Free — $0
- eComelize Lite — 490 EUR
- eComelize Basic — 990 EUR
- eComelize Plus — 1970 EUR
- eComelize Advanced — 2790 EUR
As you spend more and more on these membership fees, your earning potential for the income opportunity is directly impacted. Spend more, earn more.
eComelize Compensation Plan
Once you pay the signup fee, you’re now eligible to take part in their income opportunity, which is mostly you earning commissions from getting people to sign up.
You get a 10% commission from the membership fees paid out by your recruits.
Residual commission pays out through a binary compensation structure, placing your recruits in your left and right legs. The first level houses two positions, second level with four positions, and so on.
There’s no limit as to how many levels the structure goes for eComelize.
You then get commissions from indirect recruitments, meaning those recruits coming from your personally recruited members, and their recruits’ recruits, and so on.
This is why a lot of people in Ponzi schemes make a lot of money because you’re unwillingly placed in someone else’s lower legs.
eComelize Ugly Truths Revealed!
#1 Obvious Pyramid Scheme
It’s so obvious that this is a pyramid scheme, on the account that the only source of income is coming from your recruitment.
There’s no proof that profits are generated outside of recruiting people into the business. And I’m not the only one saying that this is an obvious pyramid scheme.
If you take a look at the SEC and FTC guidelines, you’ll see the red flags that they raised during this review perfectly coincide with their tell-tall signs of a pyramid scheme:
#2 Copy Of OneCoin
Whether or not they are a copy of OneCoin is a matter that has yet to be proven, but if it was up to us, it doesn’t take much to replicate OneCoin’s notorious program.
#3 You Could Go To Jail!
Promoting this program could land you some jail time if the program gets caught. This is what happened to most of OneCoin’s management team and their best promoters.
What I Like About eComelize?
There’s nothing to like about this program because it’s a pyramid scheme and will benefit no one except the creators.
Is eComelize a Scam?
We have more than enough reason to believe that eComelize is a pyramid scheme in the guise of a MLM company. Setting aside the fact that the founder came from OneCoin, there were other red flags that stood out.
- There’s no proof that income is generated outside of recruiting people. There’s no incentive for selling retail products or services, and your income is solely based on how many people you bring in to the company. That alone is the very definition of a pyramid scheme. You don’t believe us? Go talk to the FTC or SEC about what they think makes a pyramid scheme.
- You could land some serious jail time for promoting this program, just like what happened with OneCoin’s management, founders, and their promoters after they got shut down.
The sad thing is that this scheme will continue to go on and on, even if you shut the company down. The founder will do his best to avoid capture, lay low for a while, and then rebrand.
Avoid this company at all costs.
How I Make a Living Online?
I'm not a fan of MLM, not because it's illegal or not profitable, but because of all the restrictions and the expensive costs involved.
Instead, Affiliate Marketing is my top recommended business model for anyone to make money online.
The reason is simple...
- You don't have to recruit anyone to make money
- You have the freedom to promote any products you want and not being restricted to only promote the products from one MLM company
- It's Free to get started
In fact, with affiliate marketing...
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