Elysium Network Review – Scam or Legit Passive Income MLM
You made it to our Review of Elysium Network.
I have never used this program.
But I do feel like I have the experience to share my thoughts.
Having ran all type of online business for a couple years now, my knowledge has grown.
The thing I learned has helped me build sustainable income, and has also kept me away from the shady side of the internet.
I made mistakes and joined some pretty bad stuff, I got used all the tricks of low quality businesses.
My goal is to help those of you that are lost and really want to find out REAL ways to earn cash. In this review, I talk about how realistic it is to earn with Elysium Network.
Ultimately, you’re going to get my opinion on rather or not I think they are a legit company.
Review of Elysium Network
You may be wondering what Elysium Network is all about. From the outside, I took note that they were in the finance industry.
The CEO Fred Pascal Stege has added on their website that they have a couple corporate locations in the following places.
- Hong Kong
Based upon their own written Bio this is what we know about the owner:
Up front we know he is supposedly an expert in his field and he’s classified as a C-level executive and even has a law enforcement history.
An entrepreneur and tech investor with a demonstrated history of working in management consulting roles in the aﬃliate marketing industry, he has a proven track record of success in Operations, Finance, Financial Markets, Trading, Marketing, Management and Sales in multi-billion US$ ventures.
You can easily find him on the internet. One place he can be located is on Facebook where you can learn that he is working out of Sweden
Fred has actually been working diligently online and has been building attention since 2005. You can easily verify this by looking into others companies he has worked with in the past such as Vemma.
Vemma lasted him a couple years before he decided to leave and work on his own project called Origin Pure.
As far as the success of Origin Pure goes, it felt like there was no real goal to actually focus on retail sales, but they did appear to do a ton of marketing and lead gen.
I guess it wasn’t going anywhere and by 2016 it all went downhill unfortunately.
Interestingly enough Fred ended up working with Jeunesse, a well known MLM, and actually probably one of the top MLMs in it’s industry as a General Manager.
It lasted to 2019 before he decided to up and leave which he actually states on his Linkedin profile.
Now were here with Elysium Network which was setup this year, 2020. They could have actually been up a little earlier in 2019 but I can’t confirm anything.
As you can see, it took quite a journey to reach this point. The CEO has a trail of working with big companies. We know all about who is running the show and how this company got started.
But what are they offering.
Getting into the products…
Elysium Network Products
They introduce their investment Portfolio as Elysium Capital Pinnacle. According to them they have a pretty good track record. It is by their strategic plays in the industry that they earn revenue.
Here’s exactly what they have said.
This world-class-performing portfolio is the genesis strategy and birthright of Elysium Capital with a continued objective and strategy which, for a decade, has achieved high performance with a proven solid risk-to-reward ratio.
I have take
Rather or not they are actually doing it or if they are actually good at getting these returns rise a different set of questions.
You can invest with them. However, I have no clue what the actual returns will look like considering that they have not disclosed any information on this.
Elysium Network Compensation Plan
It’s a pretty simple setup. You join and pay all of the fees that they have available to get started. After that you can begin signing others up. By doing so you earn commissions and qualify bonuses and what not.
Elysium Capital affiliates are paid to sponsor new affiliates.
- Make €25 EUR on the sponsoring of a €179.90 EUR affiliate
- Make €100 EUR on the sponsoring of a €548.95 EUR affiliate
Unilevel Residual Commissions
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates sponsor a new affiliate, they are put on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates sponsor a new affiliates, they are put on level 3 and so on and so forth…
Overall Elysium Network caps their unilevel at seven levels deep.
You can earn €25 EUR residual commissions when you sponsor someone who pays €548.95 EUR to get started.
- IB ranked affiliates earn residual recruitment commissions on two unilevel team levels
- 1 Star IB ranked affiliates earn residual recruitment commissions on three unilevel team levels
- 2 Star IB ranked affiliates earn residual recruitment commissions on four unilevel team levels
- 3 Star IB ranked affiliates earn residual recruitment commissions on five unilevel team levels
- 4 Star IB ranked affiliates earn residual recruitment commissions on six unilevel team levels
- 5 Star IB and higher ranked affiliates earn res
Binary Residual Commissions
A binary compensation plan has YOU at the top of the binary structure and splits into two sides (left and right):
First level of the binary has two positions.
Second level of the binary splits the first two positions into another two making it four in total.
These positions can be filled up directly or indirectly by team members.
Sales volume is produced across the entire downline in this binary when affiliates are sponsored into it and when they pay their monthly affiliate fee.
200 GV matched on both legs of the binary produces a
€20 EUR cycle commission.
Elysium Network caps cycle commissions based on rank:
- IBs can earn 3 cycles a week
- 1-Star IBs can earn 5 cycles a week
- 2-Star IBs can earn 10 cycles a week
- 3-Star IBs can earn 15 cycles a week
- 4-Star IBs can earn 25 cycles a week
- 5-Star IBs can earn 50 cycles a week
- 6-Star IBs can earn 75 cycles a week
- 7-Star IBs can earn 100 cycles a week
- 8-Star IBs can earn 150 cycles a week
- 9-Star IBs can earn 250 cycles a week
- Diamond IB Presidents can earn 500 cycles a week
- Diamond IB Chairmans can earn 750 cycles a week
Elysium Network pays a Matching Bonus on residual sponsoring commissions through the binary which you can check out above.
The Matching Bonus is paid out in nine unilevel team levels:
- 1-Star IBs earn a 20% match on level 1 (personally recruited affiliates)
- 2-Star IBs earn a 20% match on level 1 and 15% on level 2
- 3-Star IBs earn a 20% match on level 1, 15% on level 2 and 5% on level 3
- 4-Star IBs earn a 20% match on level 1, 15% on level 2 and 5% on levels 3 and 4
- 5-Star IBs earn a 20% match on level 1, 15% on level 2 and 5% on levels 3 to 5
- 6-Star IBs earn a 20% match on level 1, 15% on level 2 and 5% on levels 3 to 6
- 7-Star IBs earn a 20% match on level 1, 15% on level 2 and 5% on levels 3 to 7
- 8-Star IBs earn a 20% match on level 1, 15% on level 2, 5% on levels 3 to 7 and 2.5% on level 8
- 9-Star IBs and higher earn a 20% match on level 1, 15% on level 2, 5% on levels 3 to 7 and 2.5% on levels 8 and 9
Elysium Network pays a match on ROI payments the same unilevel above.
ROI match payments are paid as a percentage of returns paid to team members and retail investors as the following:
- 80% on level 1 (personally referred retail customers and sponsored affiliates)
- 5% on level 2
- 2.5% on levels 3 to 7
From level 2, you only get a match on sponsored affiliates and not customers…
Diamond Bonus Pool
They are able to offer a Bonus Pool by taking 3% of the total revenue everyone’s volume in their affiliate program. They then drop it into a pool for those that qualify.
You need to have a certain level of rank if you want to acquire this bonus. To be specific, you need to generate enough volume to become a Diamond IB President and Chairmen to qualify for this:
- One share per month an affiliate ranks at Diamond IB President
- Two shares per month an affiliate ranks at Diamond IB Chairman
You can expect shares to start over every 3 months.
How Much is It to Get Started
Your first payment will run you the most. You will be spending €548.95 EUR to gain full access. After that you pay a monthly fee of €79.95 EUR.
The biggest question is if you are even going to pay and join. Many people might jump up and down with the answer easily.
I don’t want to be like the other reviews on the internet. You came to the right place if you were looking for the truth.
My Final Words
You may have a couple big questions in the back of your head like many of us!
For instance, is this program actually any good? So somewhere inside the opportunity, they give affiliates a chance to earn passive income.
Basically it’s a hands free opportunity. You upload cash and Elysium Network does the work from there.
As far as what we know about the process and we get are getting paid is this:
authorised prime brokers and liquidity providers registered with the Swedish Financial Supervisory Authority (FSA) in full transparency and with segregated accounts in highly reputable European banks: Swedbank, Nordea Bank, SEB and Barclays.
I like that they added that piece of information on their website. However, it’s not much details on what is going on with the whole passive income thing they are pushing on the side.
I don’t know if they realize it or not but what they are doing requires them to be registered with the proper regulators. These regulators ensure that the company can provide security to the consumers.
In other words, you want them to be registered to ensure that that they are legal and aren’t putting you and your money at risk.
I’m not saying they aren’t adding any type of value.
But if they are in this for the long game, they surely aren’t working off of foundation that will withstand the test of time.
Since none of this is being officially documented, it’s impossible to tell if were being told the truth on how they are paying individuals.
The big problem that ends up happening here now is called “securities fraud”
It gets worst as I realized that they were a Pyramid Scheme. All you have to do is take a look at their recruiting model that is focused on getting signs and earning commissions and not the actual sell of retail products and services.
Even though the owner showed no real signs of him being someone you’d not want to work with, he didn’t do very well with this company.
Fred does have a good history but that can’t save the fact that his company is not within legal standing.
In my book that would make them a scam.
I know what your thinking! It’s probably somewhere around the lines of being sick and tired of chasing programs that are here one day and gone the next!
Your one click away from working with your own personal mentor, simply click the banner:
I used the program and it’s teaching the very same methods I used to completely dominate online.
You get taught how to market any business. They even teach you how to get a business of your own going if you have no clue what your doing.
They guide you by the hand and walk you through the entire process until you get the results that you want.
At this point, It’s time to stop chasing the get rich quick opportunities and put your mind to long term success.
Good luck in your journey,
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