Million Money Review and compensation plan
I bless the day I held the bull by the horn to take the internet serious because a lot can be achieved both good achievements and bad achievements. It has been one of the best decisions I have made. You will win via making money or losing money.
If you are looking for a detailed Million Money review, then you are in the right place!
One of the things I check when joining any company that newly start out is to know all of the details to determine if it is legit or not.
I am going to give you the details about the company, the products, and the compensation plan so that you can get a better understanding of Million Money and if its worth joining or not.
I decided to take a close look at this company due to the level of popularity it’s generating on social media and the benefits attached in achieving your financial goals and what I was seeing online, joined and wanted to learn more about it.
Million Money Review
If you are thinking about joining this platform, then it is a good idea that you stay until the end because what you are about to learn might surprise you.
With that said, let’s dig deep and see what we can learn from my experience.
What Is Million Money?
Million Money is a crowd funding platform that uses a MLM strategy to offer you an opportunity to earn cryptocurrency (ETHERUM) by recruiting others and building a downline or team.
The business model is well structured in a MLM cycler which simply means that you will have to completely fill up one small matrix before a commission is issued to you.
We will take a look at how everything is structured below.
I do have to say this that after taking a religiously quick look, it does appear that they don’t have a compliant business model especially after looking at the products they offer, but we will also get into that information below.
The niche in my opinion that I would say that Million Money is in would be the Generic making online money with crypto niche.
One of the things that I like to see when taking a look at any crowd funding platform, using MLM strategy to offer members opportunity to earn money online is to know more about the owner.
This will give me the ability to take a closer look at their background and experience in the company that they created.
Million Money Company Owner CEO Founder Unknown Unfortunately, there was no information that I could find out about the owner even on the home page of the site, it is clearly stated that million money has no admin.
Although it is run on a block chain smart contract and you have no fears that your money would be taken by the owners of the platform but the truth be told that what you earn is paid directly into your wallet.
This simply means that it’s no scam
I did take some time to take a closer look at the domain name on WHOIS information and here is what I found below:
The domain name “million.money” was registered in 8-13-2018.The domain name was registered privately. Since the domain name was registered privately, I wasn’t able to locate any additional information about the owner with that method.
That is all of the information that I have about the company, let’s continue on and see what type of products or services they offer.
What Products Does Million Money Offer?
Million Money Products Review No Retail
In this section of my review, I am going to share with you the products or services that Million Money offers.
After taking a look around, there are no retail products to buy or resale. But all I see they are doing is to monitor the activities of participants since it’s a crowd funding platform. In this case of services, they serve as supervisors on the platform and it also shows that the owners are also members like every other participant. Thats what I was able to find.
I don’t even think they even offer any products to a member other than the opportunity to make money as an affiliate member since it’s a crowd funding platform.
How Does The Million Money Compensation Plan Work?
Million Money Compensation Plan Comprehensive Model
In this section of my review, I am going to cover how the Million Money compensation plan works and how you can make money with them.
The compensation plan is constructed in a 2 tier 2X5 MLM Matrix compensation plan cycler.
Now, to be fair, the company doesn’t give a lot of information on how their “multiple position” matrix plan works.
But the way that I see it where you have to purchase a new position for each level makes it a type of cycling compensation plan where you have to fill all the positions in that matrix that is designated in order to get a commission for that level.
Then you can use your earning to purchase a position in the next level of the matrix.
I think it is a type of hybrid matrix cycle because when compared to most other MLM cycler compensation plans you are required to fill a much smaller matrix in order to move to the next small matrix.
Either way, I will explain the information on how the compensation plan works going by how the company website has it covered.
Here is the Comprehensive idea of the cost per position and the number of commissions that you can earn per level on the first Matrix compensation plan tier:
Level 1 – This level has 2 positions to fill. You can earn 0.03 ETH per position. This level requires you to pay 0.03 ETH to earn on this level.Level 2 – This level has 4 positions to fill. You can earn 0.2 ETH per position. This level requires you to pay 0.05 ETH to earn on this level.Level 3 – This level has 8 positions to fill. You can earn 0.8 ETH per position. This level requires you to pay 0.1 ETH to earn on this level.Level 4 – This level has 16 positions to fill. You can earn 0.4 ETH per position. This level requires you to pay 0.4 ETH to earn on this level.Level 5 – This level has 32 positions to fill. You can earn 1 ETH per position. This level requires you to pay 1 ETH to earn on this level.
How To Make Money With Million Money
Like I said earlier, it is a crowdfunding platform that uses MLM strategy to offer members opportunity to earn etherum.
After you complete the first tier Matrix, you can now have access to the 2nd tier Matrix compensation plan.
How Do You Make Money in Million Money?
Here is a comprehensive idea of the 2nd tier Matrix with the cost per position and the commissions you can earn per level:
ONLY (0.035) or N5,000 ONE-TIME to get started!!!!
Your 2 partners in the 1st level buy level 1
You get 2x 0.03 ETH
Earn 0.06 ETH of which you buy level 2 for 0.05 ETH
Profits 0.01 ETH= $1.85
Your 4 partners in the 2nd level buy level 2
You get 4x 0.05 ETH
Earn 0.2 ETH of which you buy Level 3 for 0.1 ETH
Profits 0.1 ETH = $18.50(#10,220)
Your 8 partners in the 3rd level buy level 3
You get 8x 0.1 ETH
Earn 0.8 ETH of which you buy level 4 for 0.4 ETH
Profits 0.4 ETH = $74.00(#40,880)
Your 16 partners in the 4th level buy level 4
You get 16x 0.4 ETH
Earn 6.4 ETH of which you buy level 5 for 1 ETH
Profits 5.4ETH =$1568.00(#572,320)
Your 32 partners in the 5th level buy level 5
You get 32x 1 ETH
Earn 32 ETH of which you buy level 6 for 2.5 ETH
Profits 31ETH =$8.680(#3,168,200)
Your 2 partners in the 1st level buy level 6
You get 2x 2.5 ETH
Earn 5 ETH of which you buy level 7 for 5 ETH
Profits 0 ETH
Your 4 partners in the 2nd level buy level 7
You get 4x 5 ETH
Earn 20 ETH of which you buy level 8 for 10 ETH
Profits 10 ETH =$2,800(#1,022,000)
Your 8 partners in the 3rd level buy level 8
You get 8x 10 ETH
Earn 80 ETH of which you buy level 9 for 20 ETH
Profits 60 ETH = $11,100.00(#6,132,000)
Your 16 partners in the 4th level buy level 8
You get 16x 20 ETH
Earn 320 ETH of which you buy level 10 for 40 ETH
Profits 280 ETH =$78,400.00(#28,616,000)
Your 32 partners in the 5th level buy level 10
You get 32x 40 ETH
Profits 1280 ETH =$358,400.00 (#130,816,000)
??you renew your contract every level for 100 days.
i.e. you earn Every 100 days again in the same way you earned in the first 100 days!
Potential Dollars amount earnings is at current ETH value of $280.00 = 1ETH
This is all there is to how the compensation plan works and how you can make money with the Money Million opportunity.
Steps to start making money immediately on Million Money
1. Download Trust wallet app from play store and registered on it. Make sure you save you secret words. Click here to download for free
2. Fund your wallet with at least 0.036ETH or N5,000 naira
3. Click on DApps and then.
In Summary Click on Wallets.
Select the Wallet for new Million Money Account and make sure that wallet has been funded with at least, 0.035 ETH or N5,000.
Click on the wallet. Click on DApps and paste Master Link https://lk.million.money/a/257755/ click on Done or ✓ to Search.
Click on language at right side on top to change language to English.
Click on Register/Login.
Click on Login automatically
Click on to register.
Click on APPROVE.
With that said, let’s answer some questions.
My Money Million FAQ Section
In this section of my review, I am going to answer some of the questions that people may have when thinking about joining the Money Million opportunity.
Either way, I usually take all of the facts and information that I find to make my final recommendation on any company or opportunity.
What’s The Cost To Join Money Million?
The minimum cost to join is 0.03 ETH which is for a position in the first matrix.
This will give you access to the opportunity that they have to make money (ETH) with Money Million.
As your cycler matrixes fills up, you will then need to purchase a position in the next matrix that will cost you a slightly higher cost.
You can use your ETH earnings to upgrade or through your ETH wallet purchase.
If you are able to make it to the last matrix cycler position, the total cost would be 78.99 ETH.
Also, each position that you purchase will require you to renew every 100 days to stay commission qualified.
With that said, let’s answer the question about if this is a scam or not.
Is Money Million A Scam Or Legitimate Opportunity?
In my opinion, No! Money Million is not a scam but a legitimate way to make money. They you the crowd funding method which is completely legal.
When you run any MLM company, you need to offer retail products or services in order to be in compliance with the law in many countries.
This is not my law, it is the government’s law, so this is a well-known fact and it still baffles me to why any MLM company “even a cycler MLM” doesn’t offer it? But million money isn’t an mlm platform. It is a crowdfunding platform.
Let’s go ahead and finish up.
My Final Money Million Review And Thoughts
In the last section of my review, I am going to share my final review and thoughts about Money Million as a whole.
I have taken the time to research and review the information about the company, the products, and the compensation plan.
I have also shared my concerns and thoughts on whether or not it is a scam.
At this point, you should have a good idea about what Money Million is, how it works, what they offer, and how you can make money with them.
What are your thoughts up to this point?
But here is the question…
Do I Recommend Joining Money Million?You now have all of the information about Money Million to make an educated decision on whether or not it is the right opportunity for you.
If you were to ask me if I would join…
I would join nor am I slightly interested due to the fact that not all business that we do, do we have to know or meet the owner issues.
With that said, I hope you enjoyed my Money Million review.
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Thank you for your support!