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One of the questions that we need to take a close look at is if the 50/50 Crowdfunding opportunity is a scam or not.

We wouldn’t want to join a company just to learn later on that it is a scam, and we end up losing all the time and money that we’ve invested in it.

We are going to take a look at the information on the company, the products, and the compensation plan to determine if it is a legitimate opportunity or not.

 

NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.

Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.

Always check our article’s published date & the comment section below for users opinion. Thanks ♥️

 

Coop5050 Review

50/50 Crowdfunding is an MLM cycler company that you have the ability to earn money with online. The company provides a compensation plan model that you can earn money with using the popular GoFundMe crowdfunding type of service.

The idea is that you start by donating money to the person that invited you to the opportunity, then you refer people that donate to you.

You receive commissions when you fill a certain amount of donation spots on a Matrix.

 

Coop5050 Founder

The founder of 50/50 Crowdfunding is a guy named David T. Rosen.

The domain name “5050cf.com” was registered back in Aug. 2017, but the company was actually launched in Oct. 2018.

One, if not the first company David owned was called PIE 24/7 which was launched back in 2015.

Before launching 50/50 Crowdfunding, he launched a previous company called Cooperative Crowdfunding.

 

Coop5050 Compensation Plans

Coop5050 affiliates gift money to each other through eight-tiers of gifting payments.

Gifting payments in Coop5050 are tracked via a 2×2 matrix.

A 2×2 matrix places an affiliate at the top of a matrix, with two positions directly under them:

These two positions form the first level of the matrix. The second level of the matrix is generated by splitting these first two positions into another two positions each (4 positions).

Positions in the matrix are filled by position purchases, made by existing and newly recruited Coop5050 affiliates.

Funds used to purchase matrix positions are gifted as follows:

  • $25 tier – gift $25 and receive 50% of $25 gifted in across six positions ($75)
  • $50 tier – gift $50 and receive 50% of $50 gifted in across six positions ($150)
  • $150 tier – gift $150 and receive 50% of $150 gifted in across six positions ($450)
  • $250 tier – gift $250 and receive 50% of $250 gifted in across six positions ($750)
  • $500 tier – gift $500 and receive 50% of $500 gifted in across six positions ($1500)
  • $1000 tier – gift $1000 and receive 50% of $1000 gifted in across six positions ($3000)
  • $2000 tier – gift $2000 and receive 50% of $2000 gifted in across six positions ($6000)
  • $4000 tier – gift $4000 and receive 50% of $4000 gifted in across six positions ($12,000)

Cycling appears to happen automatically so presumably upon completing a matrix, the initial gifting payment is subtracted to generate a new same-tier position.

 

Coop5050 Registration

Coop5050 affiliate membership is tied to a minimum $25 gifting payment.

Full participation in Coop5050 costs $7975.

Marketing copy on Coop5050’s website suggests gifting payments might be monthly recurring.

 

Coop5050 Login

Before you have access to Coop5050 login page, it’s obvious you must registered successfully.

To login Coop5050 only the below is needed 

  • User name  
  • Password

 

Is Coop5050 Safe and Credible

Coop5050 provides no information on its website about who owns or runs the company.

Coop5050’s website domain (“coop5050.com”) was first registered in 2018. The private registration was last updated on November 4th, 2020.

David T. Rosen first popped up on BehindMLM’s radar in 2015, as founder of the PIE 24/7 pyramid scheme.

In early 2018 Rosen launched Cooperative Crowdfunding, a matrix-based gifting scheme. This was followed by 50/50 Crowdfunding in late 2018.

In late 2019 Rosen rebooted 50/50 Crowdfunding as CoopCrowd. That brings us to the late 2020 reboot launch of Coop5050.

David Rosen is believed to run his various scams from Ontario, Canada.

 

Is Coop5050 Legit 

You gift in, that money is paid to existing Coop5050 affiliates. You then receive gifting payments from Coop5050 affiliates recruited after you.

The Ponzi element exists by way of gifting payments being made on the expectation of a 300% ROI.

Gift $25 and receive $75. Gift $250 and receive $750 etc.

Seeing as 71% of website traffic to Coop5050 is coming from the US, this brings the scheme under the jurisdiction of the FTC and SEC.

Gifting schemes are illegal as per the FTC Act. Ponzi schemes (securities fraud) are illegal as pert the Securities and Exchange Act.

As with all MLM Ponzi gifting schemes, once affiliate recruitment dries up so too will new gifting payments (investment).

 

Is Coop5050 Scam

Primarily, Xycinews Media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or Investing only what you can afford to lose.

  • Do you think Coop5050 is scam?
  • How you being defrauded?

With a lot of platforms on our desk to review for the general public, we might not be able to keep track of Coop5050 on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.

50/50 Crowdfunding is not accredited with the Better Business Bureau.

However, this does not make a company a scam or even a legitimate one in my opinion.

This is because the BBB has been to know to provide manipulated ratings and reviews that were supplied by third-party service companies to help better or worsen a companies rating.

I do tend to refer to the company information and also compare the reviews and testimonials the BBB has with other resources when they do supply that information.

 

Disclaimer

This Coop5050 Review Article isn’t aimed at defaming Coop5050 nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this Coop5050 review.

Team Xycinews is no third party and we can’t handle any queries whatsoever. 

 

 

Naabiae Nenu-B is a Medical Health Student and an SEO Specialist dedicated to flushing the web off fake news and scam scandals. He aims at being "Africa's Best Leak and Review Blogger" and that's the unwavering stand of Xycinews Media.

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Dogecoin Price Is Slashing Low, Will It Rebound In Coming Days?

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Dogecoin price with its multiple rallies of more than 100% in a day attracted many new investors and traders to the ecosystem. However, the price was shaken since the SNL snub and remained low-key until a fresh slump dragged the price below $0.2. So will the DOGE price still go to the Moon?

The cryptocurrency that began its journey as a joke or a meme, remained constant below one cent till the end of January 2021. Then something big happened, the DOGE price along with GameStop showcased an eye-catching rally. The value of DOGE shot up to 7.5 cents within a small time frame and slid down closer to 2 cents rapidly. 

The meme token, Elon Musk tweeted about continuously, reached an all-time high in mid-April. The market capitalization also spiked, securing its place within the top 3. However, the dip that followed squeezed more than $60 billion. Since then, the price rallied very occasionally and the cryptocurreny may require little more time to go to the moon.

Also Read: Dogecoin Price On Discount, Will The Bulls Jump In To Make Profit?

Dogecoin Price Analysis, What Is Awaited For The Currency Next!

The entire crypto space is trembling with the FUD probably due to some external factors which resulted in a serious drain. The Bitcoin prices were slashed along with most of the cryptocurrencies in the space. Dogecoin price too could not sustain the trembled situation and dipped profusely. 

DOGE price currently is attempting very hard to sustain above $0.2 which appears to be a very tough job to accomplish. Despite the decline, the price tried to pull a leg up in the early trading hours but failed. The dip was so harsh that the RSI levels in the hourly chart dipped below 10. However, a little recovery again raised these levels above 40. 

dogechart

The trading volume also jumped notably and impressively the buying volume uplifted the price from the monthly lows around $0.16. Currently, at the press time, the dogecoin price is $0.2021 with a drop of 21.16% in the past 24 hours. 

Currently, it is mandatory for the dogecoin price to sustain above $0.2 and head towards the resistance levels around $0.29. But if the dip continues, revisiting the lower support levels at $0.107 and later around $0.06 may be imminent. The indicators for the DOGE price point a sell signal, which is a little worrisome for the cryptocurrency right now.

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Will Bitcoin Death Cross Pave Way for a Golden Cross

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Bitcoin plunged to a two-week low on Monday, falling as much as 11.4% to $31,735. The flagship crypto has been highly volatile, as it has dropped more than 20% in the last six days and is almost half the price of its April high of nearly $65,000.

The token’s price pattern on the charts has recently formed a death cross pattern. i.e, the crossing of BTC’s 50-day moving average below the 200-day moving average.

This infamous pattern has triggered a conversation amongst traders and analysts. While some consider it as a bearish indicator, some believe the prices will recover and surge higher than ever before.

Historically, Bitcoin’s formation of a death cross in March 2020 proved no hindrance to profits, as it rose two months later and formed a golden cross. However, a death cross in November 2019 resulted in the coin’s price falling a month later.

Popular analyst and trader Benjamin Cowen has weighed in on the death cross pattern. He believes that moving averages are lagging indicators that often tell us what we already know.

Cowen says Bitcoin will have lengthy bull cycles, and it is in for a long period of consolidation and range. The expert claims that he believes BTC Price will reach $100,000, but that it will take longer than most people think.

The analyst believes that now that the death cross is nearly complete, Bitcoin bulls can look forward to a probable “golden cross”.

“One nice thing about a death cross is that the next thing you can maybe look forward to is a future golden cross. Now, I don’t know how long it’ll take… We know that historically speaking, at least in recent years, it could take six months before we get above the 20-week [moving average] and then hold it as support.”

Not just Cowen, Popular analyst Plan B has also weighed in, He took to Twitter and pointed at the timelines of previous death crosses in Q4 2019 and Q1 2020 and what followed further.

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Bitcoin always dominated the crypto markets and held the highest market share. Even at the beginning of 2021, Bitcoin owned a 71 % share of the crypto market, while altcoins (excluding those in top ten) had just 10%. But now the trend has changed. Since then, the percentage has steadily declined, with BTC’s dominance dropping to 40% in late May and altcoins rising to 23%.

Even the altcoins in the top ten have steadily increased their market share. The most notable one is Ethereum, which has continued to grow throughout the course of the year and currently owns over 17.3 %of the market. 

Is an Altcoin season due to begin?

The above-stated stats regarding dominance is vital to question and know if an altcoin season will kickstart soon. Now, there is a probability of an alt season, if Bitcoin makes a bullish rebound. This positive reversal would occur if and when the coin continues to surge and maybe breaks through resistance levels.

Popular Analyst Chico Crypto in his recent Youtube video said Bitcoin is following the Wyckoff accumulation pattern. If the price gets back to $50k, it will be a confirmation that the bulls are back and alt season will be back again.

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Some cryptocurrencies have outperformed Bitcoin in terms of price growth and retail investor interest this year. Although the May crash halted their growth, an alt season will make up for it and even propel the tokens to new all-time highs.

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