TwiceCoin provide no information on their website about who owns or runs the business.
The TwiceCoin website domain (“twicecoin.com”) was privately registered on June 8th, 2017.
It’s worth pointing out the TwiceCoin company logo and website domain are pretty similar to that of GladiaCoin Ponzi scheme.
GladiaCoin
launched earlier this year in March and promised a 200% ROI on bitcoin investment within 90 days.
By late May GladiaCoin ran into withdrawal problems. The scam collapsed in early June, leaving the majority of affiliates out of pocket.
In addition to similar design elements, TwiceCoin also uses the same CloudFront name-servers as the GladiaCoin domain. This strongly suggests the same CloudFront account is being used to host both websites.
References to “gladia” also appear in the TwiceCoin website source-code:
All of this points to both TwiceCoin and GladiaCoin being run by the same person/people.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
TwiceCoin Products
TwiceCoin has no retailable products or services, with affiliates only able to market TwiceCoin affiliate membership itself.
The TwiceCoin Compensation Plan
TwiceCoin affiliates invest 0.02 BTC or more on the promise of a 200% ROI, paid out at a rate of 2% a day.
We double the amount of the plan chosen by you with a yield of 2% per day.
Twice 2 – invest 0.05 BTC
Twice 3 – invest 0.1 BTC
Twice 4 – invest 0.3 BTC
Twice 5 – invest 0.5 BTC
Twice 6 – invest 1 BTC
Twice 7 – invest 2 BTC
Twice 8 – invest 4 BTC
Twice 9 – invest 8 BTC
Referral Commissions
TwiceCoin pay referral commissions on downline investment via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note that there is no limit to how deep a binary team can grow.
At the end of each day TwiceCoin tally up newly invested funds on both sides of the binary team.
Affiliates are paid a percentage of matched funds, based on how much they themselves have invested:
Twice 1 (0.02 BTC, no 200% ROI) – 4% binary referral commission, capped at 0.04 BTC a day and/or 1.2 BTC a month
Twice 2 – 5% binary referral commission, capped at 0.1 BTC a day and/or 3 BTC a month
Twice 3 – 6% binary referral commission, capped at 0.2 BTC a day and/or 6 BTC a month
Twice 4 – 7% binary referral commission, capped at 0.6 BTC a day and/or 18 BTC a month
Twice 5 – 9% binary referral commission, capped at 1 BTC
🤖 Quick Answer
What is TwiceCoin and its relationship to GladiaCoin?TwiceCoin is a cryptocurrency investment platform launched in 2017 with significant similarities to the GladiaCoin Ponzi scheme that collapsed in June 2017. Both share comparable logos, website design elements, and use identical CloudFront name-servers, suggesting operational connections between the two entities.
What red flags indicate TwiceCoin's questionable legitimacy?
TwiceCoin lacks transparency regarding ownership and management. The website domain was privately registered, and the platform exhibits structural and technical similarities to GladiaCoin, a scheme that promised 200% returns within 90 days before collapsing due to withdrawal problems.
How did GladiaCoin's collapse relate to TwiceCoin's emergence?
GladiaCoin launched in March 2017, experienced withdrawal difficulties by late
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