Crowd1 Review – Is It A Scam Or Legit?
Introduction To My Crowd1 Review
Did you ever ask yourself if Crowd1 is legitimate?
First, I will introduce you to all the facts about crowd1 and then discuss whether this network is a scam or legit so you can at least do your research and make an informed decision!
In fact, I provide you with all the information you need about network marketing, and I will show you how to make money through affiliate marketing in general.
What you read here applies to any system you are interested in and want to join.
Before we Start this Conversation, Let's See What Network Marketing Is?
Network marketing is a type of business model that relies on independent iterations of person-to-person sales that most people do working from their homes.
Within this business model, all you have to do is build a network of people (commonly referred to as business partners) or, more simply, vendors. These people will help you to trade and do your business.
How Does it Work?
- Companies like Crowd1, a kind of multi-level network marketing business model, offer a hierarchy of vendors.
- Put, in this market, marketers are encouraged to attract and manage their sales network.
- And this is exactly where the interesting story comes from!
- Up line leaders earn money from their sales and any sales made by the people under them (“downline”).
- In a short time, a new group of sellers will get another tier, which means more commission to the top person and, of course, the middle people.
- Thus, network marketing companies like Crowd1 are growing through recruiting new people and product sales revenue. And this is where the secret lies, magnifies attracting more people, or just selling its products.
Now let's talk a little more about Crowd1.
What is Crowd1?
According to information from their company website, Crowd1 or “Crowd1 Network Ltd” is a mobile network community.
The company acquires its members using various online marketing methods and empowers them to launch online e-commerce.
What do they offer?
The company offers its members:
- An online network platform through its partners (Affilgo) and (Miggster).
- Training course packages through the GitHub platform.
- Granting valuable owner rights, of course, it seems like.
But keep in mind that you must purchase one of the available membership packages for a minimum cost of 99 Euros to join.
How to join Crowd1?
To subscribe, you can purchase any of the following membership packages:
- White starter kit – priced at 99 Euros
- Black kit priced at 299 Euros
- Gold – 799 Euros
- Platinum with a price of 2499 Euros.
Each membership gives you access to specific benefits. For example, the Platinum package allows you to take professional courses.
What Products Does Crowd1 Offer?
In this part of the review, we will take a look at the products that Crowd1 offers. Find a sale. What you will gain when investing in Crowd1 membership is an educational product on topics such as:
- Real Estate Advisor
- Budgeting, marketing, and more
Also to operating systems such as:
- AffilGo
- Miggster
AffilGo is an affiliate site where members can earn money through the gaming companies they participate in.
Miggster is an online mobile and social media game that members will have access to.
In this part of the Crowd1 review, we will review the company's reviewed products before reviewing the compensation plan. Crowd1 does not offer any retail goods.
It offers its users the ability to create and maintain their own digital network business through various tools and strategies. Once you become a member, you will study real estate, budgeting, marketing, etc.
You will also learn how to use their program to generate revenue. Besides, you can invest in gaming sites (AffilGo and Miggster) that Crowd1 has partnered with. After investing, you will receive your “property rights,” which will be your main profit source. The Crowd1 app provided helps you control everything here. It's all about Crowd1 products. These are the only products that Crowd1 offers.
The company claims about how to earn money after joining Crowd1.
As we discussed earlier, to join the program, you must purchase one of their membership packages.
To get your money back, you have four options:
1) Make Money Through Equity Stocks
For example, a minimum package of 99 Euros gives you an ownership fee of 100 euros and so on.
2) Product Package Sales Bonus
This is where the tentacles of the brain are stimulated.
The company has come up with a binary compensation scheme.
Ideally, the first two people you enter into the program will be at your bottom line's bottom left and right.
And when your visit involves two people each, they are also to the right and left of the sponsoring team, and growth is unlimited.
Depending on the size of the yard, only one or two toys will fit.
For example:
If you sell a member for € 88, you get 90 binary points. A package with a price of 299 Euros gives you 270 binary points.
Ideally, the more you and your team invest, the higher your binary points will be.
3) Simple Rewards
This reward takes a look at the number of your co-workers you have personally sponsored and thus compensates you.
For example, if you are a Level 3 partner and say you have supported two people who made a package at the end of the purchase, you will receive compensation in two ways: First, the value of your own stock increases (although additional stock for salary) Does not own, and second, you climb to level 15.
4) Matching rewards
You get 10% of each of your colleague's binary points. This reward is here to encourage you to help your subordinates grow their business.
The more jobs they do, the more points you get.
A Few Things To Note
Fear of Losing Rewards
Crowd1 also offers affiliate rewards commissions to support a certain amount of investor members over a 14-day period. This reward is only offered to new members 14 days after you join Crowd1. That is why called the “fear of being rewarded with a whip.” I personally think they could have turned it into a 90-day fear of losing the reward with different “time periods” in each personal sponsorship for better effect.
Here is how much you will earn for your first 14 days with the “Fear of Loss” reward:
- You will earn 125 Euros when you recruit 4 affiliates of the White Level.
- You will earn € 375 when you recruit 4 affiliates of the Black Level.
- When you hire 4 affiliates at Gold Level, you will earn 1000 Euros.
- You will earn € 3,000 when you hire 4 titanium level affiliates.
I'm not sure if you should invest in higher levels to be rewarded from higher levels or just from the level you invested in?
Remaining Gambling Commissions
This is the reward you get from gambling profits across the company.
- When you are in Team Leader Rank, these commissions start at 5%.
- To qualify as a team leader, you must earn 500 points from the binary base.
- Get your weaker one who pays you the remaining commissions.
- At the Director level, you will earn 10% of this profit.
- To be eligible for the rank of manager, you must accumulate 500,000 points in the weaker part of your binary compensation plan structure.
There are higher ranks who pay a higher percentage but are not easily found. This is all the information about the compensation plan readily available online.
How to make money with the company's Crowd1 opportunity, and its accuracy is not known.
Pros and Cons
Advantages
The only positive thing about this company is the professional design of the company's site, which can be deceptive. If you are not a smart investor, you will look at the site's shape, and you will not notice anything wrong.
And this correct form and order on the company's site is sometimes a way to cover up its scams.
Disadvantages
Expensive membership packages
The bad news is that Crowd1 membership packages are expensive:
- The base white membership fee is set at 99 euros ($ 110)
- The Black membership is priced at € 299 ($ 334)
- The Gold membership is retailed at € 799 ($ 894).
- The highest membership package costs € 2,499, or approximately $ 2,790. This is a one month salary for many people.
Suppose you do not have a good income and do not have much savings for your initial investment. This is not the opportunity for you.
A Stylish and Simple Website that Lacks Essential Information
Crowd1 created a beautiful-looking website.
The overall look of the website is professional and expensive.
It does not seem to be messed up, but it does not contain any important information about what the company offers at first glance.
- What exactly does Crowd1 offer?
- What are its terms and conditions?
- Who runs this website?
- These are just some of the questions you might have about Crowd1.
- You have to leave the main page and review its terms and conditions to know exactly what it offers, its compensation plan, and other essential information about it.
If the owner can afford a nice website, surely he can add several more pages to make more information easily available for potential members.
After thorough research on Crowd1, I do not recommend this opportunity to anyone.
The company does not appear to be honest, and it is not clear who runs and owns it.
Even if the website and their sales level seem attractive, other information about the company seems vague.
Crowd1 does not offer any real goods to buy with your own money or even advertise for money.
They only promise a return on your investment, but the main way to make money with them is to attract new members to the system.
Crowd1 is Banned in Many Countries
After writing this post, I found out that many countries have either issued a warning against Crowd1 or outright banned it. At this point, I am not even sure if they are still in business.
Conclusion
After reading many reviews and articles, I think it is another pyramid scheme, which is illegal in many countries.
Just look at the many red flags that are not even mentioned on the BBB. Also, their membership packages are expensive, and their games outdated. They are very slow in paying the commissions, and your money is not refundable.
Although it is relatively new in the industry, and collective investment networks are relatively new, I am very pessimistic that you can make money with it.
As you have seen in the facts above, Crowd1 is very similar to a pyramid scheme, and I actually classify it as such! Crowd1 is an MLM. 90% of people can't make money working with it.
They promise high returns, especially if you join the company in its early stages, especially in the pre-launch period.
With all the information described in this Crowd1 review, I believe you can decide for yourself whether Crowd1 is a scam or not.
I do not recommend it to you or anyone unless you are an expert in network marketing and interested in crowdfunding networks. Otherwise, you are more likely to succeed in this company.
I trust that my review of Crowd1 has been helpful to you. If you are looking for a good opportunity to make money online, I have a great recommendation for you to look into.
If you want to use something safe that has been tested and approved by thousands of people with confidence, I recommend my top-rated platform, Wealthy Affiliate.
I know that affiliate marketing is one of the best ways to make money online because you do not have to buy products to promote them to others. You recommend them instead.
In this program, you can use 100% affiliate and free programs and access millions of different products and benefit from training courses such as Wealthy Affiliate to learn how to earn money with affiliate marketing.
I also started a successful affiliate business a few years ago by joining Wealthy Affiliate. I hope that after reading this review, you will be able to start your affiliate business and be satisfied with it like me. Take care!
JeannetteZ
I would love to hear from you. Please leave me your questions, experiences, remarks, and/or suggestions about this article in the comments section below. You can also reach me via email at Jeannette@WorkFromAnywhereInTheWorld.com.
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Thanks a lot for sharing your review. In my opinion and experience, Crowd1 is a pyramid scheme. As you can see, they don’t have products that you can consume or use outside the platform. They just invite people to join the scheme and promote the same scheme to others to earn an income through a multi-tier compensation plan, which thus creates a pyramid that benefits the most those who are on top. Besides, these schemes are illegal in most countries. Some have even banned Crowd1 from their territory.
Thanks, Ivan. Isn’t it amazing how many scams are out there? I am so thankful for having my own website through Wealthy Affiliate, being able to review all the different business opportunities. This way, I can help people make an informed decisions.
Jeannette