iPro is an MLM that gives investment opportunities via its “Pro Coin” digital currency.
If that doesn’t sound like your everyday, run-of-the-mill direct sales company; that’s perfectly normal. It’s not. The question isn’t whether or not, they do things a certain way, it’s whether or not you can make a little money doing it.
There aren’t any physical products, which could throw many people off. And to be honest, it’s not for everyone.
That said, if it intrigues you and you love investing—give it a look.
iPro is essentially a crypto-currency (a lot like bitcoin).
They aren’t physical dollar bills you’ll be holding, but you will be investing them into the company. A decade ago, no one even heard of bitcoin. Fast forward and it’s made several people millionaires. However, that’s a highly sophisticated currency that has been built to contain a limited amount of units.
Not sure how many Pro Coin they plan on making.
Making money here is all about building your own network. The more people who buy into the currency, the more coins will be worth—meaning your investment will be worth more over time.
That sounds cool, but I’m sure most of your warning bells are going off about now.
iPro doesn’t sell anything, but allows you to invest in a currency. They then send you out to garner more interest and sign up more investors, so their currency is worth more over time. I hate to break out the P-word in an MLM review—but that sounds like there are people getting rich at the top.
After all, investments are risks.
The shocking part is that they don’t have any retailers that you can even spend these pro coins at yet. Plans are in the works, but to invest any amount of money in an alternative currency—most people are going to want to know where they can spend it, or sell their “shares”.
Think about it. You have a nice MLM business that sells supplements and you say, “these are great for helping you lose a few pounds.”
Your friends and family think about it, try it out, and if it works they’ll become customers or sign up under you. That’s how these things are supposed to work. You convince others the products are worth it, and if they want to start a business too, great!
Now, let’s try to sell iPro.
“Hey, you want to give me money to give to this company so you’ll own some of their crypto-currency?” Doesn’t have the same ring to it.
But, even if your friend says, “You mean like Bitcoin? I love them. Who excepts these ‘pro coins'”. You say, “Well, no one yet. But the company that really owns all the ‘money’ is working on it.” That doesn’t sound like you’re going to have much luck.
Eventually, if they get retailers involved and we start to see that the coins are actually going to gain traction, it could be worth the investment.
That said, it may be too late then and the price of admission may increase dramatically. If you’re a risk taker and would like to take part in something that may turn out to be the next Bitcoin, there could be something there for you.
Most will not have that kind of patience.
The compensation plan does allow for you to start making money, but it’s not from selling products. You have to convince your friends there is something there more than digital money that can’t be spent anywhere.
Anyway, it costs $50 to become a member.
Then, there are several levels of investment that members can partake in to own some of the coins. There’s ‘basic’, ‘intermediate’, ‘accelerated’, ‘advanced’, and ‘professional’. The cost ranges from $100 all the way to $5500.
The kicker? The real money you invest gets you an undisclosed amount of the share of pro coins. That’s right, you don’t know how much your money gets you up front.
I think everybody reading this can do a collective sigh at the failure of that system. Imagine our fictitious sales scenario above when you’re not only trying to get friends to buy currency that you can’t spend, but actually try to get them to fork out almost six grand.
All for 10% commission on referrals.
They give you $5500, and you make a cool $550. Where does the rest go? I think you know the answer to that. Hopefully, it’s going to the build the relationships with all of those retailers that the company is promising to set up.
If not, that would seem like a pyramid [insert what you will here].
If you’re not interested in handing over cold hard cash for an unusable currency made up of 1’s and 0’s, we’ve reviewed dozens of real businesses on this site. One of the best we’ve seen is Nerium, but like we said, give the site a look.
Ok, not sure that you know our opinion on this company yet or not.
If not, here’s a brief rundown.
iPro doesn’t sell a physical product. They don’t disclose how much of the currency you own when you invest. You’re not building a network, you’re getting a commission off of selling something that doesn’t really do anything. There are no retailers (at the time of this review) who take the currency as a valid form of payment.
There’s nothing that screams, “Great Opportunity” for anyone.