Welcome to my R Network Review.
One of the things that we are going to answer today is if this opportunity is a scam or not.
We wouldn’t want to join an opportunity that turns out to be a scam and get shuts down by bad business practices or because the program is not in compliance with the law.
We are going to research and review the information about the R Network company, the products, and the compensation plan to see if they have everything in place to make it comfortable for us to recommend it.
Furthermore, we decided to take a closer look at this company due to some of the growing interest that we started to see with it.
With that said, let’s dig in and see what we can learn about it.
R Network Review – What Is It?
R Network is an online program that you can make money with by referring others and building a team.
The business model is designed to earn money through an MLM matrix structure that offers multiple ways that you can earn.
The niche that I would say that this company is would be the cash-back and basic biz opp niche.
The Company Overview
When taking a look at any program that will help you make money by offering an MLM company, we like to see who owns or runs it.
This gives everyone the ability to research the background and experience of the owner.
Unfortunately, the website does not give out this information but with the promotions that are out on the Internet, we were able to learn that Richard Smith is the owner and president of R Network.
The second partner that is involved with R Network is Trent Walker which claims that he is the owner of NetChain Squared.
He also claims that he was handing Google financials and was earning around $700 million a month which makes us think how stable is this guy?
Either way, that is what Trent is claiming.
The company seems to be closely associated with Digital Vault and RevvCard and seems to have separated itself from Digital Vault and stick with the RevvCard for some reason.
As of right now, they are accepting “paid” affiliate member enrollments, but the company has announced that they are not launching until an expected date of Christmas of 2019 which is really strange to us and not really normal in any circumstance especially when they are accepting paid enrollments.
One of the things to take note of is the fees associated with the program.
To transfer cryptocurrency to other coin transfers will cost you $1 and transfer your crypto to fiat which is your normal dollar amount will cost you $5.95.
There is a lot of things that are really interesting like the majority of the initial members came from the company Nui.
Either way, the company is still in pre-launch but is accepting payments to join and will not launch until probably early 2020.
With that said, that is all the information that we have on the company, let’s move on to the next section.
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What Products Does R Network Offer?
In this section of the review, we are going to take a look at the products that R Network offers.
As of right now, they don’t offer any product, just the ability to pay your membership fees “monthly” and join because presumably, they are in pre-launch.
The owner has announced that they want to offer RevvCard which is supposedly priced for members at $100 and $150 for retail customers.
There is an app that is associated with the RevvCard, but I am just not really sure about the legitimacy of it at this time.
I’m not saying that it fake, I am just saying that due to the HUGE delay for the company to release it for the launch, why would they even move forward and accept any membership payments at this time if not everything is ready?
It just brings up more questions than answers at this point.
With that said, let’s continue.
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How Does The R Network Compensation Plan Work?
In this section of the review, we are going to take a look at how the compensation plan works and how you can start making money with the R Network opportunity.
There is basically only one way to earn commissions which is:
- Referral Commissions
Getting Started
The first thing that you have to do is join as an affiliate member.
The only option that you have is to pay a $65 first month fee and then to maintain your commissions status and to withdraw funds you must keep paying $35 per month.
You are paid by affiliate members that also pay this fee that is in your downline.
Personally Referred Commissions
- On all of your personally referred members that pay the fee to join, you will earn $11.50 on your first 3 and then $2.50 per month commissions.
- On all the monthly paying members, you will earn $2.00 on their $35 monthly fee.
Matrix Residual Commissions
The commission structure that the company uses to pay out your commissions every month uses the matrix compensation plan.
This is structured in a 3X10 matrix.
You are required to personally sponsor at least 3 members to maximize your earnings from the matrix commissions.
You can fill all the positions except for the first 3 top positions through indirect or direct sponsoring.
In order to qualify to earn from all 10 levels of your matrix compensation plan, you will need to sponsor and maintain at least 9 paying members.
Here is a breakdown of what that looks like:
- When you recruit and maintain 1 member you will unlock commissions on only your first matrix level.
- When you recruit and maintain 2 members you will unlock commissions on your first 2 matrix levels.
- When you recruit and maintain 3 members you will unlock commissions on your first 3 matrix levels.
- When you recruit and maintain 4 members you will unlock commissions on your first 4 matrix levels.
- When you recruit and maintain 5 members you will unlock commissions on your first 5 matrix levels.
- When you recruit and maintain 6 members you will unlock commissions on your first 6 matrix levels.
- When you recruit and maintain 7 members you will unlock commissions on your first 7 matrix levels.
- When you recruit and maintain 8 members you will unlock commissions on your first 8 matrix levels.
- When you recruit and maintain 9 members you will unlock 10 levels of commissions.
I am not sure this in place yet due to pre-launch, but it should also be noted that you are required to pay 1% of the money that is spent through RevvCard debit accounts and another 1% of mortgage payments from within the network.
Now, since they are still at least 6 months out from launching, I am sure the compensation plan will change so just keep that in mind.
With that said, that is all the information that there is on how the compensation plan works and how you can make money with the R Network compensation plan.
Let’s continue.
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My R Network Q and A Section
In this section of the review, we are going to answer some of the questions that people may have when thinking about joining the R Network opportunity.
Is R Network Accredited With The BBB?
No, R Network is not accredited with the Better Business Bureau at this time.
This is not an indication that the company is a scam, it just means that the company is not listed or accredited.
There have been a TON of programs and companies that we have run across that are 100% legitimate.
What’s The Cost to Join R Network?
The minimum cost to join R Network is $65 for the first month and then $35 per month thereafter.
Now let’s answer the question that many of you have been waiting for which is…
Is R Network A Scam or a Legitimate Opportunity?
In my opinion, since the program is still in pre-launch we can’t really judge if it is a scam when it has not even fully launched yet.
As it is now, the R network is not in compliance, and here is why:
- No retail product offered when running an MLM company.
So, if the company is taking payments, then I would say that it is a running company that needs to comply with the law.
If I were to judge it now, then yes, I would consider it a pyramid scheme that only offers the ability to earn money.
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My Final R Network Review and Thoughts
In the final section of my review, we are going to share our final thoughts about the R Network opportunity as a whole.
We have taken the time to research and review the information about the company, the products, and the compensation plan.
At this point, you should have a good idea about what it is, how it works, what they offer, and how you can make money with it.
What are your thoughts about it this far?
But here is the question…
Would we recommend the R Network opportunity?
No, there are too many red flags that we discovered when researching the R Network program.
- They don’t have a product
- They are making payments without the company being officially launched
- One of the owner or management team guys is REALLY sketchy.
I personally would not mess around with it.
With that said, I hope you enjoyed my R Network review.
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