Welcome to my Now Mining Review!
This company popped up on my radar recently, so I had to explore what it wasgoed offering…
There is the chance that someone has approached you about this business chance recently, either ter person or on social media, and now you’re most likely here because you want to make sure it’s actually legit, right?
I am glad you are doing your research before you determine to join…
A loterijlot of people hop into companies like this because of the 280% ROI, then get burned straks because they missed some giant factors.
Ter my blog postbode, I am going to walk you through some of the company history, the products, their compensation project and referral program, so you can make an informed decision of whether you want to join or not…
Come on, and let’s find out if it’s legit or a 280% scam!
What Is Now Mining?
The company’s mining contracts are a security investment with a cryptocurrency ICO offered…
For those you who are unacquainted with the term “security”, it is described spil an investment that produces a passive ROI to its investor.
The company says that they are a company centred out of the United Kingdom, specifically ter London.
However, when I did a UK incorporation search and use “Now Mining” there is nothing found.
On the company webstek, there is also no voeling information to be found.
After a little digging, some research exposed that the Now Mining webstek domain wasgoed registered privately spil “nowmining.com” on the 27 th of July ter 2018.
The current operating CEO of the company is identified spil Luis Ortega.
It looks spil if Ortega hails from Arizona, USA.
It also shows up that Ortega has no history with MLMs.
Te Phoenix, Arizona, the official grand opening of the company wasgoed held on the 9 th of December ter 2018.
From the gegevens provided from Alexa, the main source of traffic to the company webstek comes from the USA, at 64%.
A phone conference call introduced by Oz Fuentes also provides a little more insight into the company.
Based out of Phoenix, Arizona, Fuentes says he had a 10-year career ter the MLM industry.
Following introductions on the phone conference of himself and others, Fuentes starts talking about what the company is indeed all about.
Fuentes also says the following:
[Four:23] I found out that Luis had bot working with Genesis Mining for about three years.
He’s bot consulting for them, Genesis Mining. And he wasgoed chosen to be the Voorzitter of CEO of Now Mining, who is the marketing arm for Genesis Mining.
Genesis Mining is a four year old company, debt free.
They’re worth about two billion dollars. They’ve mined about a hundred thousand bitcoin so far.
And they determined to launch their network marketing arm, Now Mining.
This informatie wasgoed hard to verify, and it remains spil such because there is no informatie that linksaf Genesis Mining to Ortega or the company.
Also, I couldn’t verify if the company is actually the marketing subdivision of Genesis Mining.
Now Mining doesn’t have any products or services for affiliates to sell or buy.
But anyone wanting to sign up spil an affiliate with Now Mining can market the company affiliate membership.
Affiliates looking to take part te the company compensation project are required to sign up and invest into the company.
Company affiliates are to invest capital (funds) up to the amount of $100,000 with the agreement of a promoted 280-day ROI period:
- 1/30 Mine – $100
- 1/6 Mine – $500
- 1/Three Mine – $1000
- 1K Mine – $3000
- 5K Mine – $5000
- 10K Mine – $Ten,000
- 15K Mine – $15,000
- 20K Mine – $20,000
- 30K Mine – $30,000
- 50K Mine – $50,000
- 100K Mine – $100,000
The ROI rates are not suggested on the webstek, but Fuentes says affiliates can assume to see approximately 1% daily.
[8:05] (Now Mining) will provide you with a contract and for 280 days you will be mining 1% on whatever it is you waterput te.
Overheen a 280-day ROI period it would work out to a 280% ROI based on the company’s investment plans suggested.
The company pays out a rechtstreeks referral commission on capital invested by personally sponsored affiliates.
The rechtstreeks referral commission pays out up to 20%, which is dependent on the amount a freshly sponsored affiliate invests into the company.
Their “upgrade commission” is also suggested when personally sponsored affiliates re-invest at higher levels, at rates of up to 15%.
The company uses a binary compensation proefje to pay residual commissions to its affiliates.
The binary compensation proefje puts an affiliate at the top of a binary team, where the next level is divided into Two sides (left/right).
The 1 st level of a binary team will hold two positions and the Two nd level of the binary team is made by dividing the very first two positions into a further two positions each, creating Four positions te total on level Two.
Any future levels of the binary team are made spil needed, and each fresh level will hold twice spil many positions spil the level before it.
The binary team positions are packed through ongezouten and zijdelings sponsorship of fresh affiliates.
NOTE: The company does not limit how deep a binary team may grow to.
Now Mining pays out residual commissions calculated within the binary team on the investment volume achieved together.
When each day is done, the company adds up the fresh investment volume on each side of the binary team.
The percentage rate paid out by matched investment volume from the company is measured by the amount an affiliated invested:
- Invest ter a 1/30, 1/6, 1/Trio or 1K Mine project and receive a 14% residual commission rate
- Invest ter a 5K, 10K or 15K Mine project and receive a 16% residual commission rate
- Invest ter a 20K or 30K Mine project and receive an 16% residual commission rate
- Invest ter a 50K or 100K Mine project and receive a 20% residual commission rate
The leftover volume on the binary team’s stronger side is then carried overheen to the following day.
Daily Trading Premie
Company affiliates whom determine not to withdraw their represented earnings for the ROI duration of 280 days, are eligible to:
win an extra daily verzekeringspremie through the trading that corresponds to your mining project.
There is no more information suggested on this premie.
What Is The Cost To Join Now Mining?
The cost to join Now Mining spil an affiliate is free, albeit those affiliates with the free membership can only earn commissions on referrals and residuals.
If affiliates would like to fully participate te the company and income chance, they voorwaarde invest a ondergrens of $100.
So, you’ve made it to the end of the review on the company, and now after all the research introduced here today, I’ll have to say I don’t think this company is a 100% legit…
The company used a UK incorporation to register the company privately, but this just seems like it wasgoed done to avoid the difficulties of doing it ter the states…
This tends to be the route companies take so they can get online and commence up shop without following zindelijk regulations for their securities suggested.
Something that is not mentioned online on the company webstek is that there also seems to be a ICO affixed to the securities suggested to its affiliates.
The ICO part of the business wasgoed exposed ter a webinar on Vivian William’s YouTube channel on the 7 th of December ter 2018.
But with no retail sales happening, the commissions suggested through referral and residual programs are paid out by the company with capital invested by freshly sponsored affiliates.
Be careful if investing with this company, because unregistered companies suggesting securities is not a brainy way to invest your money.
You will likely lose your investment and won’t be able to track the money trail.
I hope you liked my Now Mining review and if you have any questions, please leave them ter the comments below…
The bottom line is you want to make money from huis so you can abandon your job and have the time freedom for the things you love…
After being utter time online for Four years…
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