MinerWorld Review – Legit Or Scam?

MinerWorld ReviewHas someone approached you lately about joining MinerWorld?

This doesn’t surprise me – it’s been getting a lot of hype in the last couple of week, with people pitching it all the time.

First, let me make one thing clear – I am NOT in any way affiliated with MinerWorld.

I simply wanted to gather all the details here for you in my MinerWorld Review so you can make an informed decision.

Is MinerWorld truly a scam?

Does it really work like the marketing materials say it will?

Read on to find out in my Review of MinerWorld.

Let’s get going!

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What The Heck Is MinerWorld?

Looking through the MinerWorld website, there isn’t any information relating to who owns the company, who founded it, when it first launched, etc.

Proper background info is the first thing that I look for whenever reviewing a new MLM opportunity, so it’s discouraging to see that none of this is readily available with MinerWorld.

The domain name for MinerWorld’s website (minerworld.com.br) was first registered a few years back on September 7, 2014. The owner for the domain is listed as Cícero Saad Cruz, but his name was removed earlier this year on July 23. 2017.

Following some additional research into the matter, I discovered that an address in Mato Grosso, Brazil was previously listed with the registration info before Cruz’s name was removed.

My assumption is that this is where Cruz was located and running MinerWorld out of.

In various marketing material for MinerWorld, Cruz goes by the alternative name of “Cicero Saad”, and he is named as the President and CEO for the company numerous times.

Other sources indicated that Saad has seen his fair share of involvement in court cases throughout 2016/2017, with one of the more recent ones revolving around an investigation into possible Ponzi fraud with MinerWorld in late April and early May of this year.

It was also discovered on August 8 that the Brazilian Federal Police were also looking into MinerWorld as they’d received tips that the company was operating as a Ponzi scheme.

MinerWorld Scam

What Can You Tell Me About The MinerWorld Products?

As you might expect from what’s already been mentioned, MinerWorld doesn’t have any sort of product line to speak of. Nothing is being sold or marketed to retail customers, and as such, affiliates can only offer the affiliate membership to people in the market for a new income opportunity.

A setup like this means that it’s impossible for any retail sales activity to take place, and in the world of MLM, that’s never a good sign.

What Can You Tell Me About The MinerWorld Compensation Plan?

Upon joining MinerWorld as an affiliate, you’ll be asked to make an investment in order to earn a daily ROI that’s paid out for 12 months.

There are a few different investment tiers to choose from, and they include the following:

  • Start — Affiliates invest $155 and earn $0.84 each day
  • Basic — Affiliates invest $310 and earn $1.69 each day
  • Professional — Affiliates invest $620 and earn $3.39 each day
  • Enterprise — Affiliates invest $1250 and earn $6.84 each day
  • Ultimate — Affiliates invest $2500 and earn $13.69 each day
  • Prime — Affiliates invest $5000 and earn $27.39 each day
  • Investor — Affiliates invest $10,000 and earn $54.79 each day

In addition to these ROI payments, affiliates can also earn through recruitment and residual commissions.

For recruitment commissions, affiliates are paid a set rate of 10% for whatever funds are invested by personally recruited affiliates.

Residual commissions are paid using a binary system, with points being added to either side of the binary whenever money is invested into the company.

At the end of every day, MinerWorld counts up how many points were added throughout the binary and then pay out percentages for commissions. The rate of commissions is based on which level you invest in, and you’ll also have a higher daily earnings cap with a larger investment.

Are There Membership Fees For MinerWorld?

In order to join MinerWorld, you’ll need to pay an initial membership fee of $15. From here, you’ll need to choose if you want to invest in one of the previously mentioned tiers or a lower Entry option for $30.

If you go with the Entry level, you’ll only be able to earn on direct and residual recruitment commissions. If you want to earn on the daily ROI, you’ll need to invest at least $155 or as much as $10,000.

Is MinerWorld A Scam?

If you’ve come across a review that says MinerWorld is a scam while researching, I wouldn’t be surprised.

A lot of marketers will tell you something is a scam just so they can sell you something else.

So, can you trust those other reviews?

What is the truth about MinerWorld? Is it really a scam, or is it legit?

I would say no, not exactly. However, there are a few things in the business you should be aware of – read on to the conclusion to find out what they are.

Knowing what you’re getting into is the best way to be successful.

See below for my FREE training that will help you make money!

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What’s your Conclusion About MinerWorld?

Per MinerWorld’s website, the company claims that it’s capable of generating funds for its ROI payments through, you guessed it, cryptocurrency trading.

“The company invests in research, mining of digital coins, relationship, new products and exchange. Through serious, limitless, and sustainable work, it provides good returns for investors.”

If you’ve been following the MLM world for the past few months or weeks, you’ll know that this is currently one of the most popular claims to make. It’s possible for legit MLM entities to exist that are centered around cryptocurrency trading, but in the case of MinerWorld, this is not the case.

There isn’t any proof provided to show that any cryptocurrency is actually taking place, and this means that the only funds visibly coming into the company are that of affiliate investments.

With newly invested funds being used to pay ROIs owed to existing members, MinerWorld turns into a Ponzi scheme.

Once recruitment activity inevitably dies down, MinerWorld will be no more. Promotion for the company started around a year ago, so once very early investors and admin(s) snatch up the little earnings that are available, people that invested either this year or late last year will be guaranteed to lose out.

Whether the Brazilian investigations shut MinerWorld down or the company collapses due to the nature of its operation, most people involved won’t come out on top.

I hope that you are able to use my research in my MinerWorld Review to make a decision.

If you do decide to become an affiliate with MinerWorld, make sure you take the time to learn how to market yourself.

My FREE training can help you.

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