If you are looking for an honest Brank review, then you are on the right website!
I decided to take a closer look at the Brank opportunity due to some of the reviews that I found online.
I noticed that there were good and bad reviews and wanted to know what is the truth about it.
I know everyone has their own opinion, but I wanted to share the information about Brank and then give you my personal opinion on it based on my 14 years plus of experience.
With that said, make sure to stick around until the end to see what my thoughts and recommendation is about Brank.
Let’s get started.
What Is Brank?
Brank is an MLM company that offers a gaming platform and ad credit service that you can participate in once you become a paying member and also earn a promised ROI in credits that you can withdraw later. My first impression is that the company website does not offer a lot of information about the opportunity. But the niche that I would consider Brank to be in would be the ad credit and promised ROI MLM niche.
One of the things that I like to find on the company website is information about the owner which will give me the ability to gather the history and the experience that the owner has.
By knowing who you are about to join will give you the knowledge to know if this is the type of person that you want to go into business with and also represent when you promote the Brank opportunity with others.
With that said, I couldn’t find any information about the company owner on the website which tells me that they are not very transparent for some reason.
When I was searching around for the Brank company owner on the internet, I was actually lucky to find a LinkedIn account with the name “Daniel Noormohamed” listed as the Brank owner.
- Apparently, the UK Company registration that was formed on 9-17-2019 is accurate, and the owner listed is Daniel as well.
- According to the domain name “brank.io”, it was registered on 8-2-2020 but was registered privately.
The strange thing is that there is an address listed that doesn’t appear to belong to the company in the UK that was listed on the UK registration that was found.
As far as the experience that Daniel has, he doesn’t appear to have any history of promoting any money-making businesses online or really have any information about him on the internet that I could find.
According to the LinkedIn profile, he is a computer programmer for the experience that he has listed but I didn’t see any information outside of that information.
That is all that I could dig up at this time about the Brank company, let’s continue.
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Brank Products – What Do They Offer?
In this section of my Brank review, I am going to share the information that I found about the products and the services that they offer.
When I looked at the company website and other sources online, it doesn’t appear that Brank offers any retail products or services.
What the company offers is access to their gaming platform where you can purchase tokens to play and possibly win.
But it would make more sense to just keep the tokens to build value within the system and cash out later.
The point is that what Branks offers is not a good service or product when running an MLM aspect of the company.
With that said, let’s continue.
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How Does The Brank Compensation Plan Work?
In this section of my Brank review, I am going to cover how you can make money with the Brank compensation plan they offer.
There are a few ways that you can make money with the Branks opportunity which are through:
- ROI Profit Commissions
- Referral Commissions
- Gaming Credits Used For Commissions
Getting Started and ROI Details
You can create an account for free but it’s not going to get you earning from the promised ROI that many people are attracted to.
You will have to invest at least $6.50 in the Brank Token that is valued at $1.30 which you will have to pay using Ethereum.
The more Brank tokens that you have, the higher the weekly ROI that you will earn according to the company.
Now, the weekly percentage is unknown to me at this time, but I do know that they do pay something.
The value of the token is $1.30 per token as stated before, but the value is also set by the company and the Branks token has no value outside of the company itself.
When you are ready to withdraw, you will withdraw the value of the Brank token to Ethereum.
Referral Commissions (unilevel)
The referral commissions that Branks pays and tracks your commissions is the unilevel compensation plan structure which is a multi-tiered commission model.
For those that are not familiar with how the unilevel works, here is a quick breakdown:
- The unilevel has levels and the first levels will only have your personally recruited members on it.
- The second level will only have team levels that your level 1 members personally recruited on it.
- The third level will only have team members that your level 2 members personally recruited on it.
- and so on…
There are a total of 7 levels that Branks offers you for multi-tiered commissions in their unilevel compensation plan.
The payments are paid out using a percentage formula and are based on the investment value of the tokens that your downline team members purchase.
The number of tokens you have will dictate the percentages you will receive per level.
Here is a breakdown of what that looks like:
- 0 to 249 Token Level – When you have this many tokens in your wallet, you qualify to earn 1% on your level 1, 0.5% on your levels 2 and 3, and 0.2% on your levels 4 through 7.
- 250 to 499 Token Level – When you have this many tokens in your wallet, you qualify to earn 2.5% on your level 1, 1.5% on your level 2, 1% on your level 3, and 0.5% on your level 4 through 7.
- 500 to 999 Token Level – When you have this many tokens in your wallet, you qualify to earn 5% on your level 1, 3% on your level 2, 2% on your level 3, 1.5% on your level 4, 1.25% on your level 5, 0.75% on your level 6 and 0.5% on your level 7.
- 1000 to 4999 Token Level – When you have this many tokens in your wallet, you qualify to earn 8% on your level 1, 5% on your level 2, 2.5% on your level 3, 2% on your level 4, 1.5% on your level 5 and 1% on your levels 6 and 7.
- 5000 + Token Level – When you have this many tokens in your wallet, you qualify to earn 10% on your level 1, 6% on your level 2, 4% on your level 3, 3 on your level 4, 2.5% on your level 5, 1.5% on your level 6, and 1% on your level 7.
Now, when the company is calculating the commissions that you will earn, Brank will actually drop the value of their token from $1.30 that you originally bought the token for to $1.00, and additionally, you are only going to receive 80% in credits and 20% will be paid out in tokens.
Brank Tournament Commissions
The Brank company also offers commissions when someone in your downline team participates in the tournaments and actually wins.
Each and every tournament at Branks offers has its own entry cost with various prizes.
Usually, the higher the prize, which is tokens, the higher the token cost it will take to participate in.
The way it works is when you join a tournament and when someone in your downline team joins the same tournament and wins, the member and you will win some commissions in the form of credits.
Also, the way that Branks tracks and pays your winnings is by using the unilevel compensation plan model that I explained in the previous section.
The rate at which those credits are paid out in the form of commissions is 80% will be in the form of credits and 20% will be in tokens just like before.
Here is what you will earn when one of your downline team members wins in the same tournament that you are in:
- 1st Level – If any of your personally sponsored members win, you will earn 5% of their winnings.
- 2nd Level – If any of your team members win are on your 2nd level, you will earn 3% of their winnings.
- 3rd Level – If any of your team members win are on your 3rd level, you will earn 2% of their winnings.
That is really all there is to how the Branks compensation plan works, let’s continue to the next section.
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My Brank Q and A Section
In this section of my Brank review, I am going to answer some of the questions that people might have about Brank if they are thinking about joining.
Does The BBB Give Accreditation to Brank?
The BBB rarely gives a listing or accreditation to any new company, so when I searched for the Brank company on the BBB website, I wasn’t surprised to not see one.
There are several companies that never got a listing on the BBB website that has been running for several years and they are found to be legitimate so even if a company is not listed it can still be legitimate.
What’s The Cost To Join Brank?
From what I gather, it is free to create an account with free, but I think you will just get access to the gaming side of the company but not much is offered as far as earning any money with it.
The cost to get started officially and become commission qualified in the MLM side of the opportunity, as well as the ROI, is $6.50.
With that said, let’s answer the question that many of you have been waiting for which is…
Is Brank a Scam Or Pyramid Scheme?
After looking at all of the information about the Brank opportunity, I can’t say that it is a scam at this time.
However, I think there are issues with the business model that I will list here:
The lack of any retail products or services when offering an MLM business model
The lack of any country registration that lets the company offer a promised ROI which is very important for long term stability
These 2 issues have been the root cause of many similar companies to collapse.
Also, if they are just using the new investment to pay out the existing members, this is also not stable and will eventually collapse on itself before any legal ramifications happen.
And, with that said, let’s finish up.
My Final Brank Review and Thoughts
In the final section of my Brank review, I am going to share my final thoughts and recommendation about the Brank opportunity as a whole.
After reviewing all of the information that I gathered about the company, the products, and the compensation plan, I came to a few opinions about the opportunity.
I found that they are lacking in some fundamental things that I like to see if I am going to even think about joining a money-making program online.
The first is that they lack what is needed to be a legitimate MLM company which are retail products or services.
Another thing that I don’t like is I had to track down who the owner was on the internet and after finding out who he is, I still wasn’t able to find any additional information online about him other than that 1 source that I found.
The last and most serious issue that I found was that there appears to be no registration of the company for offering a promised ROI when you invest and become a member of Branks.
If the company doesn’t collapse due to no new investment coming in, then I can only guess, and based on past experience of other companies is that the government will shut it down.
This can happen a few months down the road to a couple of years, it usually just depends on how fast and big the company grows.
The main question is this…
Would I Recommend Joining Brank?
You have all of the information that you would need to make an educated decision on whether or not you think Brank is right for you or not.
If you were to ask me if I would join, I would have to say no due to the issues that I found with it.
With that said, I hope you enjoyed my Brank review.
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