Modern Money Team Review – But I’m Not Promoting It!

Modern Money Team ReviewLately, this business opportunity has been getting a lot of hype on the internet.

People are hyping Modern Money Team all over the place, including a lot of social media.

Has someone already pitched Modern Money Team to you?

The first thing I want to tell you is that I am NOT promoting this business in any way.

I have complied all the facts about it in my Modern Money Team Review so you can discover the truth for yourself!

Have you hear that Modern Money Team is a scam?

That Modern Money Team can’t deliver on it’s promises?

I will tell you all about it in my Review of Modern Money Team.

Let’s get started.

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Exactly what is Modern Money Team?

Even after deep digging throughout Modern Money Team’s website, I was unable to find any information in regards to who owns the company, where it’s being run out of, who’s managing the daily activities, etc.

The domain name for the site (modernmoneyteam.com) was registered earlier this year on May 25, 2017, but there’s no way of knowing who the owner is or where the registration took place since it’s under a private state.

With two dead ends here, I decided to take my research elsewhere.

After even more snooping, it finally came to light that current affiliates for Modern Money Team name a Mr. Dan Putnam as the CEO for the company.

I found it very odd that Modern Money Team’s website doesn’t disclose this info, and it’s almost as if Putnam is trying to remain as anonymous as he can on purpose.

If you’ve spent some time in the MLM world, you’ll know that this isn’t Dan Putnam’s first rodeo in the MLM world.

Putnam was first spotted as the admin for EPX Body in 2012, and a couple years later in 2014, Putnam went on to launch One80.

However, while EPX Body was a perfectly legitimate MLM offering that had products being sold to retail customers, One80 was the turning point where Putnam started to head towards the MLM underbelly.

One80 quickly collapsed just about a year or so after its launch, and Putnam then followed this up with Let Us Close — a recruitment scam that was connected with some sort of, “advanced marketing system.”

A few months after running on its own, Let Us Close got connected with another recruitment scheme called The Elite Networker.

To no one’s surprise, The Elite Networker came to a halt shortly after it got started as well.

Dan Putnam tried to revive One80 with a relaunch in the middle of 2016, and this time around Putnam was running the company as an adcredit Ponzi scheme.

According to rankings from Alexa, the new One80 website decline quite heavily after January of this year.

With Putnam’s second attempt with One80 now dead and gone, we’ve got Modern Money Team to deal with.

Modern Money Team Scam

Are There Any Modern Money Team Products?

Looking at the product line for Modern Money Team, there’s not too much to see. Nothing is being sold or marketed to retail customers, and affiliates only have the affiliate membership to offer to those that are interested in it.

Despite this, it’s worth noting that Modern Money Team’s website does mention a, “customer” class within the compensation plan.

Also something that caught my eye is a marketing video hosted on Modern Money Team’s website.

In the video, it is suggested that Modern Money Team will one day offer its affiliates and customers access to a mining pool and profits that will be generated through cryptocurrency trading.

As per the video:

“When you join Modern Money Team, you’ll begin learning all the ins and outs of trading and mining cryptocurrency.”

The video spends a lot of time focusing on how you can spend $20 and then spend your time, “finding two” other people who will join and do the same thing.

Can You Tell Me About The Compensation Plan For Modern Money Team?

In order to make money with Modern Money Team, you’ll need to make an investment between $50 and $3000 (or more) in order to have access to a passive ROI.

Investing $3000 is referred to as renting a, “mining machine”, and investing either $50 or $300 is seen as buying a, “share” of those machines that are being rented out to other affiliates.

If you choose to go the $3000 route, Modern Money Team says that you’ll be able to earn 75% of the value of what that machine earns throughout its work for the entire life of it.

Direct Commissions

If you recruit other people to join Modern Money Team and invest, you can earn direct commissions.

The largest commission you can make is $200, and this is earned when you recruit someone that invests $3000 into the mining machine.

Recruiting someone that invests $300 earns you a $20 commission, and recruiting an affiliate that invests $50 allows you to earn $3.33.

Residual Commissions

Affiliates can also earn on residual commissions, and these are paid to them through a binary system.

Points are generated within the binary whenever money is invested into Modern Money Team, and the company adds up how many points were generated at the end of each week.

Once the points are added up, affiliates then earn commissions based on how much they have invested into the company.

What Is The Fee To Join Modern Money Team?

While the affiliate membership for Modern Money Team is free, you’ll need to make an investment of at least $50 if you want to start earning money.

You can increase that investment up to $300 or $3000, and doing so will allow you to earn more throughout the compensation plan.

Modern Money Team doesn’t exactly specify this, but it looks like affiliates are required to pay a $20 fee in order to remain “active” within the company.

Is Modern Money Team Truly A Scam?

If you’ve been doing your research on Modern Money Team, you may have heard from some people that it’s a scam, and from other’s that it’s totally legit.

After reading my review, you might not be sure for yourself.

So, what’s really going on here?

Is Modern Money Team a scam, or can you make a legit business with it?

To be honest, I am not sure Modern Money Team is a complete scam.

However, I did find a few things to be aware of before you join, which will help you to be successful if you join.

Also, see below for help with making money online.

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Read Here For My Modern Money Team Conclusion!

On the Modern Money Team website, you’ll find the following message —

“Our Members will have the opportunity to purchase – on a first come first serve basis – one of our High Performance GPU Mining Machines. These specialized machines are highly efficient and average 150-180 MH/s.

They will start at $3,000 USD per machine; the cost will vary based on the market price of the GPU cards.

As another option, MMT Members will also be able to rent as little as 10% of one of our GPU mining machines for $300.”

Retail is technically possible in this case, but the chances of affiliates focusing on it are extremely unlikely. There’s no info provided to show that this mining activity is truthfully taking place, and in addition to this, Modern Money Team also offers securities to retail customers and affiliates alike.

“This unique opportunity will allow you to make a passive income in the very profitable crypto mining business. With no special skill set or experience. Through crowdfunding we’ll be able to create a very large and profitable operation in a very short period of time.”

Offering securities to US residents requires registration with the SEC, and as you might be able to guess, Modern Money Team doesn’t have any such registration.

Modern Money Team can look good on the surface, but when you really dig into things, the opportunity being offered becomes more and more unattractive the more you know about it.

I hope you have gained a lot of value from my Modern Money Team Review.

I have found other reviews are scant on details, so I wanted to make sure you had everything you need here.

If you do decide to move forward with Modern Money Team, I think the info I have given here will help you.

Moving forward, you need to take care of marketing yourself, which you can learn how to do with my free training. Click below.

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