XOXO Network Review – (2020) Scam or Legit ETH MLM?
Welcome to my XOXO Network Review!
Cryptocurrency is hot these days. Not everyone understands how it can one day change the future. But alot of people are catching on and you can find that in some places in the world people actually accept Bitcoin as payment of services.
There are all types of opportunities out there such as XOXO Network that work in the crypto industry. Some good and some really bad.
You have to know what to look for in a legit company or you may find yourself scammed out of money
I am happy to assist you with learning more about this company and sharing only the FACTS and not baseless opinions.
XOXO Network Review
I am expect the cryptocurrency that they are offering to be around for a long time and not just burn and crash. It’s important that XOXO Network diplays charateristics of a company that is going to last long time.
In their case, they lack transparency about ownership and that’s something I expect to see out of a long term business opportunity.
I find it odd that instead of having a homepage full of useful information, they just have a login page.
The company kind of just popped up out of nowhere on May 23rd, 2020 and they didn’t really disclose much about themselves sense.
I think some people had special access before the general public had access. There were people promoting this thing before they even had the website up. I guess they were positioning themselves in early for easy sign-ups
XOXO Network needs to prove to us that they are trustworthy. It’s not acceptable for any business to be stingy with important information about themselves. They can’t be surprised if people are going to think a little hard before trusting them.
XOXO Network Products
Besides their affiliate program, they don’t sell anything considering there are no products or services being provided.
As an affiliate, you will find that all of your time is put into getting others to join with you.
Another company following the same pattern is…
XOXO Network Compensation Plan
Based on their compensation plan, you get a referral link that you can use to promote and bring in other members for commissions.
As a requirement, you are expected to pay 0.1 ETH in order to paid out on your sponsored affiliates.
This is all tracked through a unilevel compensation plan structure.
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…
You will find that there is maximum of 4 levels in their unilevel.
Sponsoring commissions are paid as a percentage of the fee’s across the entire unilevel downline:
- Level 1 (personally sponsored affiliates) – 0.05 ETH
- Level 2 – 0.025 ETH
- Level 3 – 0.015 ETH
- Level 4 – 0.01 ETH
You can increase your income potential by gifting 0.2 ETH to be added into a matrix.
XOXO Network runs this through a six-tier 3×1 matrix cycler.
Basically once all the positions in this matrix get filled, you cycle out which generates a commission and you land in the next tier.
Each tier gets more expensive:
- Tier 1 (positions cost 0.2 ETH) – receive 0.1 ETH and cycle into tier 2
- Tier 2 – receive 0.15 ETH in gifting payments and cycle into level 3
- Tier 3 – receive 0.2 ETH in gifting payments and cycle into tier 4
- Tier 4 – receive 0.25 ETH in gifting payments and cycle into tier 5
- Tier 5 – receive 0.35 ETH in gifting payments and cycle into tier 6
- Tier 6 – receive 0.5 ETH in gifting payments and cycle into a new Tier 6 matrix
On top of that, once you hit Tier 6 it generates commissions for your upline:
- Initial 0.2 ETH gifting payment = 0.1 referral commission
- Cycling into tier 2 – 0.15 ETH referral commission
- Cycling into tier 3 – 0.2 ETH referral commission
- Cycling into tier 4 – 0.25 ETH referral commission
- Cycling into tier 5 – 0.35 ETH referral commission
- Cycling into tier 6 – 0.5 ETH referral commission
How Much Is it To Get Started
You have two options when it comes to earning.
- 0.1 ETH is required to participate in the pyramid side of the business
- 0.2 ETH is required to participate in the gifting side of the business
In total, you will find yourself paying 0.3 ETH to get going. This is only if you want to take advantage of all their options for earnings. You could just do the Pyramid scheme for 0.1 ETH or just join their cash gifting scheme for 0.2 ETH.
By the way, I recommend neither or both options.
My Final Words
As we can see, this program has been creating for one purpose and that is “recruiting”.
A business that only speaks about how you can earn blank amount of money by bringing in blank amount of affiliates is just a Pyramid scheme. Of course they will tell you otherwise.
Gifting cash to members in order to earn money is illegal. Not by my defintion, but the FTC themselves would tell you this.
I know some of you are fixated on the whole “smart contract” thing. They use that as a way to appear more legit.
But either way, they still have a setup that is a scam!
There is nothing they can say to change that.
The company will probably stay relevant for a couple of months then hit the fan as their momentum slows down and people stop joining.
Think about why they aren’t sharing info about who they are?
They know their company sucks and by remaining annonomous, they keep their name out of the dirt.
Yeah people can earn money but only while it’s HOT. People that got in right from the jump are going to earn while everyone that is joining late will be wasting time. Just because there could be results on your end, it doesn’t make it right.
You have to think about the people who are invesing into a scam, yet all they are trying to do is earn a living for their family.
With that being said, I can’t support XOXO Network in any shape or form.
They are a flat out scam.
If you’re struggling to get your finances together and don’t have time to be playing games then you need to hear me out.
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So do me favor… Stop getting caught up in all the schemes. They only want your money and hardly ever work if we’re being honest.
Good luck in your journey,
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