As the name suggests, Coffee Gems is a coffee-themed crypto company. It is a very unique company in the crypto industry because there is no other such coffee brand that is selling coffee products in exchange for bitcoins. CoffeeGems.com clearly states that bitcoin is the only form of payment accepted by the company. Therefore, it is a full-fledged bitcoin company.
There are several aspects of the company. The company is selling a variety of coffees. However, the primary focus of the company on attracting investors and affiliates by offering income opportunities. The purpose of this article is to review Coffee Gems in detail to determine if it is a feasible option to invest and earn bitcoins.
Coffee Gems is a crypto company that deals with different kinds of coffee products. Its domain, CoffeeGems.com, describes the company as a passion project of Abelardo and Antônia Santos. The owners of the company claim to have years of experience in the coffee production industry. However, there are no details available about any of their previous work experiences.
The registration of CoffeeGems.com shows that the company is running from Brazil. Yet, the website does not provide any specific address. It is quite surprising to see that the names Abelardo and Antônia Santos do not show up anywhere else except Coffee Gems.
It points to the fact that there is a very high chance that the name of the owners and team behind the company is not real. Further research about the company shows that the domain CoffeeGems.com was registered in 2015. However, this particular website was updated in October 2019. This shows that the company was formed in 2019.
The initial affiliate membership of Coffee Gems is completely free. However, you can only buy the products with this membership and not invest in any kind of earning opportunity. If you want to participate in the income plan of the company, you must invest at least $50.
The company does not provide any further elaboration about the sign-up procedure. Similarly, it is not clear if the registration amount is paid in simple currency or bitcoins.
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Coffee Gems claims to be a world-renowned company that is delivering premium-quality beans for a couple of years now. However, this claim is completely false as the company was established in the last year and there is no proof that this platform has managed to establish itself as a leading name in either the crypto industry or the coffee industry.
The company is providing five different varieties of coffee beans. It is promoting the products by claiming that efficient and rapid processes are implemented to globalize the coffee beans. The overall price of the products is quite high so it would not be wrong to say that Coffee Gems has overpriced products.
Overall, both the price of the products and the registration fee of the company are high. You should not invest this kind of money in a new company like Coffee Gems. Instead, you should consider crypto cloud mining companies. Such companies have flexible account plans and provide modern tools to help you succeed in the crypto industry by mining coins in an efficient and legal manner.
The income plan of CoffeeGems.com is the combination of several bonuses and commissions. The investment packages of the company are as follows:
On average, the company is promising 8% ROI on a weekly basis. Moreover, the website also states that you will be getting the profits for two years. Yet, there is no guaranty that the company will fulfill its promise because it has been operating for just one year.
Like many other crypto Ponzi schemes, Coffee Gems is also urging its users to promote the company and recruit more members to earn referral commissions. Recruiting more members is highly emphasized. Yet, the company is promising only 13% direct referral commissions on personally recruiting the affiliates.
The purpose of offering referral commissions is to use the affiliates as a free marketing tool. There is no guarantee that such commissions will be given to the affiliates. Moreover, there is no information about the method of distribution of these commissions.
A traditional model of distributing bonuses in the form of binary teams is promised by CoffeeGems.com. An affiliate is at the top of the binary team while two positions are located at the first level. In the second level, the splitting of the positions generates four total positions. A similar pattern is followed in the next levels.
The company is allowing both direct and indirect recruitment. Similarly, there is no limit on the depth of a binary team. The recruitment commissions are distributed on the basis of the investment and sales volumes. A 10% commission of the investment volume is promised to the weaker binary side.
The breakdown of the recruitment commissions is as follows:
Coffee Gems is trying to present itself as some kind of revolutionary platform that is combining coffee products with the crypto industry. However, the business model of the company makes it quite evident that it is another crypto Ponzi scheme that is relying on coffee for marketing purposes.
In fact, there is no proof that this company has anything to do with world-class coffee beans. There are several claims of the company that are simply not true. For instance, CoffeeGems.com states that the company is operating in more than 60 countries. Yet, there is no proof or any specific address of the company.
The driving force of the marketing plan of this company is the fact that it is operating in both the crypto and coffee industries. However, such kind of combination is not feasible as there is no history of the coffee industry doing business in bitcoin.
The entire purpose of offering income opportunities is to attract affiliates and make them invest in the company. Nevertheless, these opportunities are quite disappointing as users do not have any significant chance to generate profits.
In short, Coffee Gems is a crypto Ponzi scheme because it is completely relying on recruiting new members to pay the old ones. The recruitment at the company will eventually stop. It simply means that the company can collapse at any time due to which you can lose a significant amount of time.
Therefore, you should avoid investing any money in CoffeeGems.com. Instead, you should invest in genuine and trustworthy crypto cloud mining companies. These companies have modern and efficient hardware to mine crypto coins and help you in generating massive profits in the crypto industry.
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