ToucanWin operates in the penny auction MLM niche. The company doesn’t provide a corporate address on its website.

Heading up ToucanWin are co-founders Kelley Foote (CEO) and Don Fiechter.

Kelley Foote appears to have made a name for himself in Bellamora back in the day.

Bellamora shut down in 2011, after which Foote spent nearly a decade on various gaming ventures (non-gambling).

Don Fiechter doesn’t appear to have an MLM history. Instead he’s credit with a thirty-two year history in the gaming and casino industry.

ToucanWin doesn’t provide a corporate address on its website. What we do know is, based on their respective LinkedIn profiles, Foote and Fiechter are based out of Missouri and Arizona respectively.

Foote’s LinkedIn profile represents ToucanWin was founded in January 2022. The company doesn’t actually appear to have launched though until September to November 2022.

Read on for a full review of ToucanWin’s MLM opportunity.

ToucanWin’s Products

ToucanWin markets a penny auction platform.

Bids to participate on the platform cost $1 and can be purchased in $10, $25, $50, $100, $250, $500 or $1000 packages.

Autoship “smart bid” packages are also available in $50, $100 (10 bonus bids), $250 (35 bonus bids), $500 (75 bonus bids) and $1000 (200 bonus bids) packages.

Retail customers can bid for free, but they are restricted to one free bid every 8 hours and must log in and click a button to claim the bid each time.

ToucanWin sells access to an automated bidder they call Mr. Pennyworth. Access to the auto-bidder costs $9.99 a month or $80 annually.

This fee is reduced to $4.99 a month if a $100 smart bid autoship package is subscribed to. The fee is waived if a $250 smart bid autoship package is subscribed to.

ToucanWin affiliates can purchase bids and use these as marketing tools. Note that any bids “gifted” to retail customers must be used within 10 days, or they’re returned to the affiliate.

ToucanWin’s Compensation Plan

ToucanWin’s compensation plan combines direct referral commissions with bonus pools.

Commission volume is generated by penny auction bid purchases by referred retail customers and recruited affiliates.

ToucanWin Affiliate Ranks

There are twelve affiliate ranks within ToucanWin’s compensation pan.

Along with their respective qualification criteria, they are as follows:

Bidfluencer – sign up as a ToucanWin affiliate

Successful Bidfluencer – refer 1 retail customer or recruited affiliate who buys at least 100 bids in 30 days, or refer 2 retail customers and/or recruited affiliates who together buy at least 150 bids in 30 days

Active Successful Bidfluencer – maintain Successful Bidfluencer criteria each month and buy 50 personal bids or sell 50 bids to referred retail customers or recruited affiliates

Active Influential Bidlfuencer – continue to buy or refer 50 bids a month, and refer at least 50 retail customers and/or recruited affiliate who together are purchasing at least 600 bids a month,
or
refer

🤖 Quick Answer

What is ToucanWin's business model?
ToucanWin operates within the penny auction MLM sector, combining multi-level marketing with penny auction mechanics. The company was founded in January 2022 by co-founders Kelley Foote and Don Fiechter, positioning itself in the competitive online auction marketplace.

Who are ToucanWin's founders?
Kelley Foote serves as CEO, previously involved with Bellamora until its 2011 closure, followed by gaming ventures. Don Fiechter brings thirty-two years of gaming and casino industry experience, with no documented MLM background.

Where is ToucanWin headquartered?
ToucanWin does not publicly disclose a corporate address on its website. Based on LinkedIn profiles, co-founders operate from Missouri and Arizona, though specific headquarters location remains undisclosed.

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