Our radar has caught another MLM company that might have caught your attention too – FutureNet.
To help you make an informed decision if ever you consider this as a business opportunity you might embark on, we will provide you with an idea how this MLM works.
We will share what unique features this MLM offers that you couldn’t commonly find in other MLMs.
Ultimately, we will consider one of the most pressing questions to ask regarding any business. Is this business legit or not?
After all, we all don’t want to lose precious, hard-earned money on nothing.
So, what is your future with FutureNet?
The company was founded in 2012. 2 years after that, it released its social media platform.
Over the years, they have established 2 other platforms and a number of products and services online.
They claim that they have more than 2 million users in their community from 190 countries around the world.
A year ago, they launched their cryptocurrency dubbed as FuturoCoin.
FutureNet aims to provide its members with the best solutions for the development of their businesses.
This is the reason why they made a social media platform where people can network with other people engaged in MLM.
FutureNet offers products and tools that claim to produce the best possible online potential for its members.
However, FutreNet is not accredited by the Better Business Bureau.
Products and Solutions
FutureNet offer tools that would help in growing a business venture with them. It claims to bring out an optimum marketing potential in an individual.
- FN Travel – FutureNet offers a travel business structure wherein a member can exchange their media points for travel vouchers. This aids in reducing hotel accommodation and car rental costs when traveling.
- FN Academy – it is an educational system wherein members learn about affiliate marketing. Added to that, they see the future of business people wherein they essentially need to interact with just about anyone. Because of this they also provide lessons in increasing self-esteem and developing the art of speech. This would come handy when a businessman reaches the point where he has to do speaking engagements. And because this is a business venture, they also offer lessons on business strategy. Aside from affiliate marketing, self-esteem, art of speech and selling strategy lessons, they also touch on communication business and savings as part of the academy’s curriculum.
- FN Cloud – another unique feature of FutureNet is that they offer an FN Cloud. This is an online storage platform where one can store files rather than saving them on physical devices such as hard drives. With FN Cloud, files could be accessed anywhere a person is as long as there is an internet connection available.
- FN Social Media – as mentioned earlier, FutureNet offers a social media platform where members can join communities. FN Social Media is structured in such a way that users can get a portion of the profits from advertising on the platform. It uses a high-level of technology and the interface in user-friendly. It also takes pride in its widely developed ecosystem where MLM specialists are present, which help in making actions in complete transparency and offer trusted solutions so issues that may arise.
FutureNet is owned by businessmen friends Stephan Morgenstern and Roman Ziemian.
Morgernstern is an MLM expert that has been in that industry for almost 30 years.
His business partner and friend Ziemian has been in the business sector since 1988. His first business was trading firm.
Sadly, the owners have been linked to One-Line-Online, a recruiting scam system.
One-Line-Online is a system that sells shares in green energy. The model this system used is the linear model. This means all individual recruits are placed under one person and that person earns from everybody’s sales.
Being involved in a recruiting scam is raising a really big red flag that affects a person’s credibility.
While digging around for information regarding the true nature of FutureNet, it was made evident that FutureNet’s social media platform is more than just a community of like-minded business people networking for a wider circle.
As noted earlier, they claim that users get a portion of the profits from advertising on the platform.
However, it was not mentioned that before a user can perform a withdrawal, that individual must first invest a minimum of $35.
Your first withdrawal might even be lesser that the investment needed to take that out.
A legitimate business would always disclose any monetary agreements during the whole business dynamics.
Withholding this information is a red flag.
This failure to disclose could be used as a strategy so that users would be discouraged from withdrawing the money thus keeping the funds inside FutureNet’s pockets.
Granted, joining FutureNet, like other social media platforms could be done for free, plus the perks of earning login and social media bonuses.
Which is not that high, just around 1-5 cents. Talk about how much time you would need to login again and again to earn more bonuses that the investment of $35 needed.
Free members get limited to no perks; paid members earn access to many of these perks:
- FutureNet games
- Momentum system
- Website templates
- Cloud use
- Video mail
- A system for a landing page
The funny thing is that these perks offered to paying members have not much value. They could be freely accessed on other platforms like Google and WordPress.
Practically, a person would not pay for a membership to gain perks that could be freely accessed on other platforms.
This just implies that there is something behind the structure they created.
These so-called products are just cover-ups for the real scheme the company is working on.
The Real Thing
The person who would recruit you to join FutureNet would not directly disclose that you will need to invest a large sum and need to recruit other people before you could start earning from them.
As mentioned earlier, paying members get access to free products and additionally, if they refer others to join, they get 30% of the investment share of that recruit.
FutureNet calls it a sale if a referral buys products under you, plus you get to earn 30% of their money.
FutureNet also offers bonuses. One they call as a friend bonus where you can earn 5% from the activities of uplines.
These bonuses may seem enticing at first sight, which is what they make it seem of course.
However, the process behind earning these bonuses is painstaking and very long. It will take an awful lot of time before you get to earn something for real.
Exploitative monetizing scam, this is what many people call this MLM. This is because you will need to refer people and earn from their investments in the majority rather than earning primarily from the products that they purchase which is what a legit MLM is supposed to be.
The referral program is a scheme to feed people convincing lies to urge them to join. They tell you it is free, yet you will need to invest before being able to withdraw something that took you a very long time to earn.
Moreover, when you invest money in this MLM, you will not be able to get your money back. For you to earn, you will have to join them in their deceitful scheme.
Like any other scam, it all starts off with very enticing offers that would lure a person to join. Yet when the person is in, then he will see what the real thing is which is only really discouraging.
Bonuses they offer are from gadgets to as much as cars or trip. Who would be able to resist that?
The real thing is though, only a few benefits of all of these.
Naturally, a person will always go for a business venture with the most benefits.
Of course, people want to be able to enjoy what they will be putting in a business.
However, with this principle in mind, many lose track of reality and slowly believe in promises that are too good to be true.
Blinded by that, many are deceitfully drawn in to bogus MLMs.
Granted, there are legit MLMs that offer appealing bonuses similar to what FuturNet offers.
But without digging deeper and seeing the whole picture in an MLM system, you might fall in the wrong business venture.
If you take a look at a FutureNet’s website, you will see that it backs up their promising offers.
However, if you just consider that alone, your picture of reality will be really vague.
After reading this FutureNet review you should know better what FutureNet is about. You can decide now is it a good idea to join FutureNet.
However, FutureNet is not your only option available. Doing your research would lead you to legit MLMs too.
But if you read more about the nature of the MLM businesses, which I wrote about here and here, you’ll realize that it’s not a good idea to join an MLM business.
It seems like MLM businesses won’t survive for long in the modern world, where it is easy to start your own online business and make money online without paying money for joining and making your uplines reach.
You can own your own online business and make money online through affiliate marketing. With affiliate marketing you don’t need your own product to make money. You can write honest reviews and let people know which products or services you consider worthy of purchasing. When someone buys through your affiliate link you get your commissions.
You can learn more about affiliate marketing here.
Click here to start your own online business for free with Wealthy Affiliate.
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