Question 1

What is cryptocurrency?

Accepted Answer

Cryptocurrency is a completely digital, decentralized form of currency and can be used as a means of payment or exchange, or as a speculative investment asset. Its value is universal, so it’s the same no matter where you are on the planet and is not subject to the currency conversions of paper money.

Question 2

What is the advantage of cryptocurrency?

Accepted Answer

Cryptocurrency is decentralized, meaning it is not yet subject to government regulation and taxation. You can buy, sell, trade or exchange goods and services using cryptocurrency without a tax burden. It is only taxed when converted to paper currency.

Question 3

What's so special about KloudCoins?

Accepted Answer

KloudCoins is the only cryptocurrency that is backed by diamonds – not gold or paper, whose value declines – AND it’s the only cryptocurrency that compounds its value with incredible returns on the investment. Also, KloudCoins protects your investment from downward market fluctuations. Your value will only go up!

Question 4

What's the difference between KloudCoins and Bitcoin, or any other crypto coin?

Accepted Answer

With advanced decentralized blockchain technology and the unbeatable algorithm of NIST5, KloudCoins is supreme in terms of performance, scalability and throughput. NIST5 allows scalability of chain that is not possible in blockchain. It uses less energy, is more power-efficient, has far better security features, controls hyperinflation, helps users stabilize their funds, and mines three times faster than any other coin in the industry. KloudCoins is disrupting the crypto world!

Question 5

What is KloudElite?

Accepted Answer

KloudElite is the private, invitation-only membership club of KloudCoins granting exclusive access to purchase our cryptocurrency at discounted pre-public-offering prices. It is an exceptional opportunity for a select elite group of people to invest on the ground floor of a coin that is revolutionizing cryptocurrency.

Question 6

Do I have to sign a contract?

Accepted Answer

NO! This is an Elite Membership Investment Club. There are NO contracts, and you may cancel at any time.

Question 7

What is my "wallet"?

Accepted Answer

Your wallet is your crypto account. It’s where your cryptocurrency is kept. Your wallet is highly confidential. Share your login information with no one!

Question 8

What is "ROI"?

Accepted Answer

ROI is the return on your investment. For example, in the Silver level, you are investing $699.99 and, at the end of the cycle (30-60 days), you’ll receive $2,100. That’s three times your investment of $699.99, and that’s called your ROI (return on investment).

Question 9

What is a "buy-in"?

Accepted Answer

The “buy-in” is the cost to get started with your investment. The purchase price of your KloudCoins plan is the buy-in, plus the initial monthly dues of $129.99.

Question 10

What is the KloudElite membership?

Accepted Answer

Membership in KloudElite is mandatory and there are monthly membership dues of $129.99 that will be auto-drafted with your application and every 30 days thereafter. This entitles you to all the benefits of KloudCoins AND the discounted pre-public-offering price to purchase.

Question 11

Are there any hidden fees?

Accepted Answer

NO! We believe in full disclosure! You’ll pay monthly Membership dues of $129.99. This begins the day of your application. You’ll also pay an annual License fee of $4,999.99, but this will be deducted from your earnings AFTER your second cycle completes and the ROI is paid. Subsequent and/or additional purchases will qualify for a discounted Kloud Surcharge Fee of $3,999.99 (also deducted from earnings). And finally, cryptocurrency exchanges charge transaction fees when you purchase crypto and again when you cash out. The current fee is 6%.

Question 12

Can I purchase multiple packages?

Accepted Answer

Yes! Subsequent and/or additional KloudCoins packages may be purchased. Your initial purchase will include your annual License Fee of $4,999.99. All subsequent purchases will include a discounted annual Kloud Surcharge Fee of just $3,999.99 to be deducted from your earnings after completion of the second cycle and payout of the ROI.

Question 13

Can I add funds to my investment and bypass levels?

Accepted Answer

Yes and No. You may add additional funds prior to the start of any cycle. However, after a cycle has commenced, no changes can be made until the cycle is completed.

Question 14

Do you require a credit card?

Accepted Answer

Yes. Your credit card will be used to draft your monthly Membership dues of $129.99 beginning with your application and every 30 days thereafter.

Question 15

What is the Kloud Surcharge Fee?

Accepted Answer

Your initial KloudCoins purchase requires an annual License fee of $4,999.99 that is paid from your earnings after completion of the second cycle. Additional purchased packages will be charged a discounted annual Surcharge Fee of $3,999.99. Again, this will be deducted from your earnings following completion of the second cycle.

Question 16

Do I have to recruit people?

Accepted Answer

No. There are no requirements and no expectations. However, there is an opportunity to earn residual, passive income for referring friends, family and social networks to our KloudElite Membership Program.

Question 17

How much can I earn?

Accepted Answer

In addition to your personal ROI, you’ll be paid 5% of the ROI paid to every successful direct referral AND a 50% check-match on their direct referrals.

Question 18

Is there a limit to the number of people I can refer?

Accepted Answer

No. You can refer as many people as you wish. We recommend a minimum of 10. These “Life Partners” will automatically advance as you advance, and you’ll be paid on their ROI’s plus their referrals ROI’s every time you advance!

Question 19

When are referral fees paid?

Accepted Answer

When someone you refer completes a cycle and receives their ROI, you will receive 5% of that ROI for your direct referrals and a 50% check-match on their referrals.

Question 20

How does the ROI pay out?

Accepted Answer

On the date your chosen package matures, your investment funds will enter a payout process. This process includes the following steps:

·        Federally Mandated Regulatory Reviews: Your investment will undergo mandatory regulatory reviews to ensure compliance with all legal requirements.

·        Anti-Money Laundering Reviews: We are required to undergo anti-money-laundering reviews as part of our commitment to maintaining financial integrity.

·        Conversion to Bitcoin: Your funds will be converted into Bitcoin as part of the payout process.

Please be aware that the timing of these processes may vary, and we have no control over their duration. It may take several weeks or longer to complete these steps. Once your funds are cleared for payout, we will deduct the fees associated with your new investment level and deposit the remaining amount into your Bitcoin account.

Question 21

How does "auto-invest" work?

Accepted Answer

Each level of our Membership takes a dedicated number of days to complete. For example, the Silver level takes 30-60 days. We call this the "cycle". When it is completed and the ROI is paid to you, you will automatically advance to the next level (i.e. Gold follows Silver). At that time, the investment amount for the next level is deducted from your newly earned ROI and you automatically begin that next cycle period. The remaining ROI funds are accessible to you at that time.

Question 22

How does the "auto-upgrade" work?

Accepted Answer

Upon reaching the maturity date of your chosen investment package, you will be automatically upgraded to the next level package and your new term will begin immediately with the purchase of your new KloudCoins. This upgrade is designed to maximize your investment potential and offer you more opportunities for growth.

Question 23

What is a "bonus-incentive"?

Accepted Answer

KloudCoins has created “incentives” for anyone and everyone who refers at least 20 Life Partners. When all 20 of your direct referrals advance to the next level, you will receive a designated bonus! Bonuses include tangible KloudCoins, incredible cash awards, exquisite diamonds, exclusive vehicles and more!

Question 24

Can I cancel my membership?

Accepted Answer

We’re not sure why anyone would, but yes, you may cancel at any time… no strings attached. Read our Cancellation Policy HERE.

Question 25

Do I pay a membership fee for each purchase?

Accepted Answer

No. Your monthly membership fee establishes and maintains your account. Accounts are identified by the name and email provided on your application, and you’ll pay monthly membership dues per email. Within your account, you may make multiple purchases.

Question 26

Why is there no ROI for the Bronze level?

Accepted Answer

The Bronze level is our Investors Pool designed for those who wish to raise funds to invest. Bronze Level investors enjoy a low-entry price point and have the capability of earning commissions from their referral ROI payouts, thus creating investment funds for the Silver Level where they can participate in their own ROI and advance towards the Founder’s Club.

Question 27

Do I have to start with the Bronze level?

Accepted Answer

No. You can start on whatever level your budget allows and bypass as many levels as you choose.

Question 28

If I am in the Bronze level and refer someone who wants to start at a higher level, am I paid at the Bronze level or the higher level?

Accepted Answer

Your commission will always be 5% of your direct referral’s ROI, whatever that ROI may be. For example: If your referral joins the Founder’s Club with a $100,000 investment, your commission will be $5,000 when his/her ROI is paid. If he/she joins with a $1,000,000 investment, your commission will be $50,000 when that ROI is paid. That’s excellent seed money for your own investment!

loudElite

Frequently Asked Questions