LendConnect Review: LCT points ICO lending Ponzi

ICO Pulse is your guide in the world of cryptoinvestment. The most comprehensive ICO-Rating which is regularly updated with new projects and up-to-date information. From day 1 he was helpful and supported me through the entire process. Advised me on what was best and was super patient with waiting for the extra paperwork that needed to be sorted! I will definitely recommend you to anyone that needs a loan in the future.

  • Sync LinkedIn profiles to HubSpot for easy lead nurturing and management.
  • After that, the admins use this money to pay ROIs, this works as long as new affiliates keep signing up to the MLM.
  • Why should you choose LendConnect above other lending programs?

LendConnect has become the most important industry conference in the country! A few 3 minute phone calls back and forth and I was approved. Also got me a lot cheaper rate than I could get on my own. After recruitment stops, the ROI reserve will stop as well.

Additional Details

The only verifiable source of revenue entering LendConnect is newly invested funds. LCT points are sold to LendConnect affiliates for between 60 cents and $1.10 each.

  • What with lending ICO Ponzi interesting at an all time low following the collapse of most of them, don’t count on EtherLink being around too long.
  • The admins then use some of this money to pay promised ROIs for as long as new affiliates sign up.
  • Admins (who are typically anonymous) offload worthless pre-generated points in exchange for real money.
  • Membership for LendConnect doesn’t have any cost but these affiliates only get referral commissions.
  • The only verifiable source of revenue entering LendConnect is newly invested funds.
  • But same as any other Ponzi scheme, the reality of such scams is that the majority of participants eventually lose money.

Ponzi schemes do give a bit of profit to initial investors but more than 90% are left to bite the dust and end up losing money. Another thing that’s suspicious is that the MLM owner  of LendConnect remains anonymous for god knows what reason. There’s also no evidence at all that there’s any trading or that there’s revenue that comes from these activities in LendConnect to pay members.

Track LendConnect Price Today, Live LCT Price Chart & Market Cap

LendConnect also says that they use a “trading bot” and that it gives them an edge on earnings. Once new investment dries up, it’s over and you lose your money. Read on for a full review of the EtherLink opportunity. The EtherLink website domain was first registered on April 5th, 2015.

Our Services

Membership for LendConnect doesn’t have any cost but these affiliates only get referral commissions. What with lending ICO Ponzi interesting at an all time low following the collapse of most of them, don’t count on EtherLink being around too long. The domain registration how to buy api3 details were last updated on April 5th, 2018, which is presumably when the domain’s new anonymous owner(s) took possession of it. Which means maximum money for them and screwing LendConnect affiliates out of as much money as possible when the time comes.

LendConnect News

Full participation in the EtherLink income opportunity requires a minimum $100 investment. Having collapsed in March, it appears the company’s anonymous admin(s) are attempting to steal even more money with a reboot. They have registered the domain on Nov 14, 2017, they had only one week to build the system, it’s impossible. They’re using privacy protection to protect their information so we can’t see their address.

We understand applying for a loan can be quite daunting and you may not know where to start. With over 20 years of combined experience in processing loans, this is where the LendConnect Team will help with you in obtaining a loan. With clear and transparent communication, you are kept in the loop throughout your loan journey. We know what is weth when we first started trying to make money online, we failed miserably and we had no idea how to recruit. That being said, if you have never marketed online or offline before, finding people could be very difficult for you. Like with most MLM’s, the LendConnect companies sole source of revenue is funds that come from new recruits.

Money is never a joke, so we trust that you’ll take this and every other review on our site seriously. Our team only wants the best for you, so help us help yourself. Any bad decision can snowball into an even worse situation so please let’s avoid any bad experiences. For what should be obvious reasons however, the appeal of an exchange that primarily deals in Ponzi tokens is going to be limited.

We have been around in lending business since the early stages of Bitcoin and we believe now is the time to step in. Among other things, LendConnect’s admins claim they choose to be anonymous because they ‘hate paying taxes for reasons we’d like to keep to ourselves‘. 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. You can simply hold your LCT tokens in your wallet and see the price rise along 2018, you can expect x10 / x50 / x100 or even x200 returns. But, before using a new krypto wallet, it’s advisable to research its reputation and read user reviews. EPIC Loan Systems is proud to announce that LendConnect has evolving!

We also want to make sure you understand everything there is to know about cryptocurrency. A 4% referral commission is paid on investment by personally recruited affiliates. EtherLink affiliates give the company’s anonymous owner ethereum on the promise of a daily 1.5% to 5% ROI. EtherLink provide no information what is ltx on their website about who owns or runs the business. No evidence of trading taking place or revenue generated via trading being used to pay LendConnect affiliates is provided. If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

Bitcoin.com is just one domain name used to promote Bitcoin. Just like nobody owns the email technology, nobody owns the Bitcoin network. Early LendConnect investors make a bit of money (mostly via recruitment of new investors). But same as any other Ponzi scheme, the reality of such scams is that the majority of participants eventually lose money. Once affiliate recruitment dries up so does the ROI reserve.

Everything Extraordinary from customer service , product knowledge & urgency.. I would recommend Albert & lend connect team if you want a second shot at redemption in clearing your credit scores … also coming from nz they will be my one stop shop . LendConnect has access to a wide range of personal loan lenders that will give you the best opportunity to fulfill your needs. A final red flag is shown when LeadConnects owners refer themselves as experienced people on MLM, more like experienced scammers. The only difference between EtherLink and the sea of ICO lending Ponzi clones out there, is plans to open a Ponzi token exchange. On our platform, you can trade not only LCT, but every other lending coin in existence.

If our trading team or bot trades 7% profit on a day, we give a 5% daily interest. Check out our packages below, and see what would fit you the most. LendConnect’s website doesn’t give any info about the owner or whoever runs the business opportunity.

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