With so many investment platforms out there, it has become very easy for people to lose their money. We believe you wouldn’t want to be in that situation.
With the introduction of the R Network into the fray, would you want to know more about it and be certain what you’re putting into?
This article hopes to give comprehensive information about the R Network.
Read on
What Is R Network?
R Network is an online program that can be used to make money by linking to others and forming a team via an MLM matrix structure that offers many ways you can earn, the business model is built to earn money.
The cash-back and simple biz opp market will be the niche that I’d say this business is.
The Summary of the Business
We like to see who owns or runs it when taking a look at any software that will help you make money by offering an MLM business.
This provides others with the opportunity to study the owner’s history and experience.
Monthly Incentive for Profits
Unfortunately, the website does not include this information, but with the promotions that are available on the Internet, we were able to learn that Richard Smith is the owner and president of R Network.
Trent Walker is the second partner who is involved with R Network, saying that he is the owner of NetChain Squared.
He also says he handed financials to Google and received around $700 million a month, which makes us think how secure this guy is?
In any case, that’s what Trent says.
The business seems to be closely aligned with Digital Vault and RevvCard and for whatever reason, seems to have isolated itself from Digital Vault and stuck with the RevvCard.
They are accepting “paying” affiliate member registrations as of right now but the company has announced that they are not launching until an estimated Christmas date of 2019
This is really odd to us and not really common in any situation especially when they accept paid registrations.
The fees associated with the program are one of the items to take note of.
It will cost you $1 to convert cryptocurrency to other coin transfers, and it will cost you $5.95 to transfer your crypto to fiat, which is your regular dollar sum.
Since most of the original members come from the Nui company, there are a lot of items that are actually interesting.
The business is currently in pre-launch, but accepts fees to participate and will not be released until possibly early 2020, either way.
Having said that, that’s all the data we have about the company, let’s move on to the next segment.
What Products Are Provided by R Network?
They do not sell any product as of right now only the option to pay the membership fees “monthly” and join since they are probably in pre-launch.
The owner has confirmed that they plan to sell RevvCard, which is supposedly priced for retail customers at $100 and $150, for members.
There is an app associated with the RevvCard, but at this point, I’m just not really sure about its validity of it.
I’m not saying that it’s fake, I’m just saying that because of the company’s Massive delay in launching it for launch, why would they even step forward at this time and welcome any membership payments if not everything is ready?
At this point, it just brings up more questions than responses.
With that said, let’s move on.
How does the Compensation Scheme for The R Network work?
R Breakdown of Network Incentive Package
We will take a look at how the incentive package works in this portion of the analysis and how you can start making money with the R Network opportunity.
Basically, there is only two ways to gain commissions, which are:
1. FunnelsGroove
2. Commissions for Referral
Just Getting Started
The first thing you have to do as an affiliate member who just entered.
The only choice you have is to pay the first-month fee of $65 and then you must keep paying $35 per month to retain your commission status and to withdraw funds.
On affiliate members who also pay this charge that is in your downline, you are charged.
Commissions on Persons Referred
You will receive $11.50 on the first 3 commissions and then $2.50 per month on all of your individually referred members who pay the charge to enter.
You can receive $2.00 on your monthly $35 premium for all monthly paying members.
Residual Commissions Matrix
The matrix incentive scheme is used for the commission system that the company uses to pay out your commissions every month.
This is organized inside a matrix of 3X10.
To maximize your earnings from the matrix commissions, you are expected to personally sponsor at least 3 members.
You can fill all the positions by indirect or direct sponsorship, except for the first 3 top positions.
You will need to support and retain at least 9 paying participants to qualify to benefit from all 10 tiers of your matrix compensation package.
How Exactly Do You Make Money With R Network?
Here is a rundown of what it feels like:
- Only your first matrix level will unlock commissions when you hire and retain 1 member.
- You can unlock commissions on the first 2 matrix levels when you hire and retain 2 members.
- You can unlock commissions on the first 3 matrix levels when you hire and retain 3 members.
- You can unlock commissions on the first 4 matrix levels when you hire and retain 4 members.
- You can unlock commissions on the first 5 matrix levels when you hire and retain 5 members.
- You can unlock commissions on the first 6 matrix levels when you hire and retain 6 members.
- You can unlock commissions on the first 7 matrix levels when you hire and retain 7 members.
- You can unlock commissions on the first eight matrix levels when you hire and retain 8 members.
- You can unlock 10 commission levels when you hire and retain 9 members.
I am not sure if this is still in effect due to pre-launch, but it should also be noted that you are expected to pay 1% of the money spent on the network by RevvCard debit accounts and another 1% of mortgage payments.
Now because they are still at least six months out from production, I’m sure the compensation package will change, so just keep that in mind.
With that said, that’s all the knowledge there is on how the compensation plan operates and how with the R Network compensation plan you can make money.
Let’s proceed.
Frequently asked Questions
We are going to address some of the questions that people might have when thinking about entering the R Network opportunity in this portion of the analysis.
1. Is R Network BBB Accredited?
R Network Better Business BureauNo, R Network is not officially approved by the Better Business Bureau.
This is not an indication that the business is a fraud, it just means that it is not listed or accredited to the business.
There have been a lot of services and enterprises that are 100 percent legitimate that we have come into.
2. What’s the fee to join the R Network?
For the first month, the minimum cost to access the R Network is $65 and then $35 per month thereafter.
Now let’s respond to the query many of you were waiting for, which is…
Is it a scam or a legitimate opportunity for R Network?
3. Is R Network A Scam or Legit?
In my view, we can’t really judge whether it’s a scam because it’s not even completely launched yet because the software is still in pre-launch.
The R network is not in enforcement, as it is now, and here is why:
When running an MLM business, no retail goods are offered.
So if the business takes fees, then I’d say it’s a working business that needs to comply with the law.
If I had to judge it now then yes, I’d regard it as a pyramid system that only provides the chance to make money from it.
Would We Recommend the R Network Incentive to You?
No, there are so many red flags that we found while researching the software for the R Network.
They haven’t got a commodity, They take payments without officially launching the business.
Conclusion
There you have it guys, everything you need to know about it.
This article, [Legit or Scam] R Network Review: Read This Before You Join is not targeted at defaming or encouraging R Network.
This article is solely intended for Informative motives and a truthful roadmap from our point of view.
What do you think? Scam or Legit? Do well to express your views in the comment section as we’ll be ready to engage you.
Don’t forget to like, and share.
