There is no information on the SwisCoin website indicating who owns or runs the business.
The SwisCoin website domain (“swiscoin.com”) was registered on the 15th of September 2015, with Kathrine Harbor listed as the owner. An address in Dublin, Ireland is also provided.
Further research reveals this address belongs to Regus, who sell virtual office space. As such it would appear SwisCoin have no actual physical presence in Ireland.
As for Kathrine Harbor, outside of the SwisCoin domain registration, her name doesn’t appear linked to SwisCoin.
I’m flagging this as highly suspicious, with there being a big question mark as to whether or not Harbor actually exists.
Update 30th July 2016 –
The SwisCoin website now claims ‘
SCN SERVICES LTD is the company who has launched the SWISCOIN as an official from DUBAI.
‘
The CEO of SCN SERVICES LTD is Mr. Dmitrii Zubarenko who is the expert person for the administration of mega companies.
Zubarenko doesn’t appear to have any MLM industry experience.
/end update
Read on for a full review of the SwisCoin MLM opportunity.
The SwisCoin Product Line
SwisCoin has no retailable products or services, with affiliates only able to market SwisCoin affiliate membership itself.
The SwisCoin Compensation Plan
The SwisCoin compensation plan sees affiliates invest in tokens and get paid to recruit others who do the same.
SwisCoin Token ROIs
As with all MLM cryptocurrencies, SwisCoin affiliates receive tokens (points) in exchange for investing funds.
Beginner ($100) – 1000 tokens
Seller ($500) – 5000 tokens
Pro Seller ($1000) – 10,000 tokens
Express Seller ($3000) – 35,000 tokens
Platinum Seller ($5000) – 70,000 tokens
Premium Seller ($11,000) – 150,000 tokens
Affiliates convert these tokens into SwisCoins, with the value of SwisCoin pegged to the rate of new investment flowing into the company.
At the time of publication, there doesn’t appear to be any way to convert SwisCoins or SwisCoin tokens into cash.
Investment Referral Commissions
SwisCoin affiliates are paid to recruit new affiliates and encourage them to invest, with commissions paid out via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates go on to recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
SwisCoin cap payable unilevel levels at six, with how many levels an affiliate can earn on determined by how much money they initially invested:
Beginner ($100) – 10% on level 1
Seller ($500) – 10% on levels 1 and 2
Pro Seller ($1000) – 10% on levels 1 and 2 and 20% on level 3
Express Seller ($3000) – 10% on levels 1 and 2 and 20% on levels 3 and 4
Platinum Seller ($5000)
🤖 Quick Answer
Who owns and operates SwisCoin?SwisCoin's ownership remains unclear. The domain swiscoin.com, registered in September 2015, lists Kathrine Harbor as owner with a Dublin address belonging to Regus virtual office services. Later claims identify SCN SERVICES LTD as the company behind SwisCoin. Verification of actual ownership and physical presence remains difficult.
What is the connection between SwisCoin and the Dublin address?
The Dublin address provided on SwisCoin's registration belongs to Regus, a company offering virtual office space. This suggests SwisCoin lacks a genuine physical presence in Ireland, utilizing only a virtual business address for registration purposes.
Is Kathrine Harbor verifiably connected to SwisCoin?
Kathrine Harbor appears only as the domain registrant for swiscoin.com. No other verifiable connections link her name to Swi
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