Preiscoin

Preiscoin

As you can probably tell from the term, “Preiscoin” is a new kind of money. Like Bitcoin, it's digital money. Unlike Bitcoin, it comes with an affiliate program. Here you can find out what the Preiscoin company is all about, how good the compensation plan really is, and whether or not it seems like a good program in general.

The Company

There's not much on who founded this company- well nothing, actually. They are indeed based in Switzerland and therefore already seem to have more a presence in that country as well as neighboring Italy. Preiscoin entered those markets in December of 2014.

There also seems to be a presence in Poland, evidenced by the fact that the Preiscoin website is available in Polish, and that there are Facebook pages in Polish. The CEO of Preiscoin is Polish, from what I can gather, and his name is Jacek Dudzic. This is evidenced by his inclusion of his name on the “Business for Home” Top Direct Selling CEO in the World- Poll 2014.

The “Preiscoin Schweiz PRS” Facebook page goes back to early 2014.

The Product

Customers (including you) purchase a subscription plan which generates Prescoins for you 'round the clock. You pay 25 CHF (Swiss Francs), which is roughly 26 USD, and in return you get 25 Preiscoins. It takes a month to generate the Preiscoins but on the upside, all you do is wait. There is no mining of coins, as there was with Bitcoin.

If you want more than that, simply purchase more subscriptions.

The company website says it's a reliable form of currency because it's “As a Swiss Bank” and proclaims that:

“The Swiss Preiscoin Emission System is based in Switzerland!”

Preiscoins are traded on the Bitflex cryptocurrency market and of course are not subject to inflation since they are completely independent of the traditional banking system. Like Bitcoin, Preiscoin is not “managed” by a centralized control authority. This decentralization means the system cannot be manipulated. They call this the Bitcoin Protocol.

For consumers, the main attraction to the product is that it may go up in value, just like Bitcoin did.

The Compensation Plan

Those who think this sounds exciting can spread the word and earn residual commission at 4% rates. The system is a 3 x 7 forced matrix plan, meaning it goes 7 levels deep but only 3 frontline distributors are allowed for each person on the grid.

That means if you personally sponsor 4 people, the first 3 will be on your frontline at level 1, and the fourth person will be a level 2 person for you. This also means that once you get your first 3 distributors under your wing, you can start to concentrate on helping them get people enrolled. There's more of a spirit of teamwork on a forced matrix than on a unilevel compensation plan.

Anyway, on with the plan…

  • Earn 100 CHF ($104) when you bring 10 paid clients to Preiscoin in a calendar month
  • Earn 200 CHF when you bring 20 clients in a month
  • Earn 300 CHF when you bring 30 clients in a month
  • This monthly bonus is available twice to each distributor…once when the clients sign up and then again when they've stayed for 6 months
  • Top 10 affiliates each month get 10% shares in net revenue of the company
  • To earn commissions, you must refer at least 3 customers who keep their subscriptions going

The Verdict

Bitcoin sure was exciting- don't you wish you'd bought some early on? That desire is what's fueling companies like Preiscoin and their competitor, uToken. Digital currency may well be the wave of the future- the one good thing about the Preiscoin system is that you're only in for around $26 USD per month to keep your subscription going and your coin-generating processes functioning.

The compensation plan is fair and refreshingly uncomplicated, there are no huge upfront costs, and it's easy to back out and trade in your Preiscoins on the Bitlfex market should you decide to bail.

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