ThornCoin Review – Login, Register, How it works, Value, Reddit, ICO Price
Thorncoin is a third generation self-managing lending platform powered on AWS servers.
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According to Thorncoin, “THRN is already designed and connected via its API to the largest and highly reputable crypto platforms such as Bittrex, Poloniex, Bitfinex, etc. The advantage of being connected to such exchanges is that it ensures that our trading stack executes trades within milliseconds. By earning a fraction with every trade executed, we are enduring a steady price uptrend for THRN and at the same time we are sharing those profits with you, our investors.”
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ThornCoin did not make any information available on their website about who owns or runs the business.
The ThornCoin website domain (“thorncoin.com”) was privately registered on December 21st, 2017.
ThornCoin has no retailable products or services so affiliates are only able to market ThornCoin affiliate membership. To access Thorncoin website click link below.
The ThornCoin Compensation Plan
ThornCoin affiliates purchase THRN points from the company’s anonymous owners. ThornCoin sell THRN points to affiliates for between 50 cents to $1.20 each.
When acquired, THRN points are “lent” back to ThornCoin on the promise of an advertised ROI.
- invest $100 to $1000 and receive a monthly ROI of up to 43% for 260 days
- invest $1001 to $5000 and receive a monthly ROI of up to 43% plus 0.05% bonus daily ROI for 180 days
- invest $5001 to $10,000 and receive a monthly ROI of up to 43% plus 0.1% bonus daily ROI for 160 days
- invest $10,001 to $20,000 and receive a monthly ROI of up to 43% plus 0.15% bonus daily ROI for 150 days
- invest $20,001 or more and receive a monthly ROI of up to 43% plus 0.2% bonus daily ROI for 120 days
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Funds invested are kept for the following minimum period:
- $100 to $1000 invested = 180 days
- $1001 to $5000 invested = 90 days
- $5001 to $10,000 invested = 80 days
- $10,001 to $20,000 invested = 75 days
- $20,001 or more invested = 60 days
If a ThornCoin affiliate opts to withdraw before the locked period they are charged a 25% fee. ThornCoin pay referral commissions on invested funds down three levels of recruitment:
- level 1 (personally recruited affiliates) – 8%
- level 2 – 4%
- level 3 – 1%
ThornCoin affiliate membership is free but free affiliates can only earn referral commissions. Full participation in the ThornCoin MLM opportunity requires a minimum $100 investment.