Hi, here Sebastian! Welcome to my JoCrowd review where I reveal the ugly secret behind this platform to make you informed!
If you have heard about Jocrowd and you are wondering if it is a legit program you can join and make a side income or just another scam or hyped program, you are in the right place.
Throughout this Jocrowd review, we will delve deeper into what the Jocrowd platform about, how it works, who is behind it, the pros and cons and my final point of view.
But before we move on, let me congratulate you by doing your own research to find out if the platform worth a try before investing your hard-earned there.
Doing so can sometimes save you from getting scammed by seemingly legit programs disguised to rip off people’s money.
Without further ado, let move strait on our Jocrown review to find out what is it exactly.
Jocrowd review summary:
Company name: Jocrowd
Owner: Unknown
Website: https://jocrowd.com/
Product/service: no products or services
Price to join: $30
Legit or scam? – scam
Sow Your Seed Today rating: 20/100
Do I recommend this? – No
What is Jocrowd about?
Jocrowd is a peer to peer donation platform just like Million Money, Up2give I reviewed in the past.
There are no products or services to promote. Members pay a fee to join the system and then required to invite other people to join them.
This is just a pyramid scheme disguised in a crowdfunding platform to rip off your money.
This is what you will see in their sign up page:
Jocrowd has worked to help people who confront enormous hardship to recover from disasters and improve the quality of their lives.
Yes, a noble cause, but doing what?
Now let’s find out how does it work.
How does Jocrowd work?
At first glance, it seems like this program is the best program that will change all the world. It seems it really creates value when you consider what you see in the image above.
However, Jocrowd is just like Up2give, nothing than a peer to peer donation program, a pyramid scheme with no products or services on the back end.
That said, money is generated based on the recruitment of new people to the system.
Here is how it work:
You just need to sign up using the sign-up form (image above), pay your entrance fees and then invite other people to join you in this cash gifting scheme. No more, no less!
Jocrowd claims they are a crowdfunding platform and they use it as a selling point. Lie or reality?
Let’s move on with the next section of our Jocrowd review to face it.
Is Jocrowd a crowdfunding platform or just a lie?
Crowdfunding is legal but Jocrowd is not a crowdfunding platform. Just check out and see how Wikipedia defines crowdfunding and you will be sure Jocrowd is not.
A crowdfunding platform is legit if only the one who gives donation doesn’t expect a reward in return. But as long as you give a donation to others in order to be qualified to receive money from other members who will register after you, it becomes illegal. And this what Jocrowd is.
Jocrowd compensation plan
Jocrowd compensation plan is structured on a 14×2 matrix but you can refer as much as members you want in your first level.
Jocrowd payment methods and cash out threshold
Jocrowd cash out threshold is $1 and you can cash out to your Perfect Money, Bitcoin, Paypal, Skrill, Bank Wire, and Zazzcash wallet.
Jocrowd review: Is Jocrowd a scam?
I think this question is up to you to decide
Jocrowd is an MLM company with no products or services to offer to users.
It claims to be a crowdfunding platform and this is not true as I pointed it above.
So tell me how can Jocrowd be considered as a legitimate company?
According to the Federal Trade Commission (FTC), states that any business or program that generates profit focusing on recruitment than selling product/service is illegal.
As for me, Jocrowd is an illegal cash gifting scheme and the only one person this system benefit is his owner.
Jocrowd review: Pros and Cons
Jocrowd Pros
Possibility to make money if you can recruit
Jocrowd Cons
Illegal cash gifting scheme
High risk
Hiden owner
My final though
I hope that my Jocrowd review has made you aware of all the facets involved in this program.
From now, you are in a position to make an informed decision to shape your financial future.
If you are looking for a legit, proven and risk-free business model, I recommend you to try affiliate marketing.
This is what helped me add a 3 digit income to my day job salary just after 6 months of hard work.
With adequate training and high-quality tools, you can make it happen!
And here is the platform that helped me build this website that is generating money every single month for me.
What you get inside:
- An evergreen Affiliate Marketing training course (120 lessons) that will help you build a thriving and long term online business.
- A website builder & web hosting service – you can create up to 50 websites
- A keyword research tool ($19 value) for free
- 1-on-1 coaching and weekly webinars that will give you tactics and technics to grow your online business
- And much more…
Do you have a question about the Jocrowd platform or about this review, just drop it down on the comment section and I will reply you ASAP.
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To your success!
Hey,
Excellent review. Very interesting and informative.
I’ve never heard of JoCrowd but following your advice and recommendations in the review, I don’t think I’m going to go any further in looking into it.
Thanks for sharing, and keep up the great work and future reviews.
All the best,
Tom
Thanks
Thank you, Tom, for your comment and for stopping by!!
Thank you for publishing this review. It is so difficult to know which organisations you can trust when researching online. Unfortunately, there are lots of unethical organisations just trying to take money from people. Calling out scams is really useful, I’m so glad I read this article.
Hi Abby,
Exactly! There are a lot of scams out there on the web and it’s wise to do your research before you join or purchase any product.
All the best!