No, it is not! Do your own research and find somebody who can prove it is a scam, than i will belive you...
Im in coinspace and everything is legit and you get your commissions payed from the quality multimarketing that represents Coinspace ltd, you get your coins from package as it says for 365 days of contract. The only question here is how much would coin be worth when it get out on the market and the first predictions is that the coin would have a stable growth in the first few years becuse 300,000 people are already in Coinspace with their packages. And of course with a plenty of good projects that will make this coin stable... Try it and you will not regret it, im not! :D