Elysium Network Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, Elysium Network has been getting a lot of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends trying to sell Elysium Network in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for Elysium Network.
I wanted to gather all the information about Elysium Network in my Elysium Network Review in order for you to make a decision about joining Elysium Network.
Is Elysium Network legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of Elysium Network.
Read on to find out what you need to know.
What The Heck Is Elysium Network?
In the case of Elysium Network, here we have an MLM company that’s focusing on the niche of “money management.” Elysium Network has three corporate locations around the globe, including Sweden, Hong Kong, and Estonia.
Leading the company is Fred Pascal Stege, who’s credited as being the CEO, Chief Legal Officer, and Founder.
Stege has a corporate bio on the Elysium Network website, which reads as follows:
“Fred is an experienced C-level executive with a law enforcement background.
An entrepreneur and tech investor with a demonstrated history of working in management consulting roles in the aﬃliate marketing industry, he has a proven track record of success in Operations, Finance, Financial Markets, Trading, Marketing, Management and Sales in multi-billion US$ ventures.”
I also came across Stege’s Facebook profile, which mentions that he’s currently residing in Malmo, Sweden. Because of this, I suspect that Elysium Network doesn’t actually have any physical presence in Hong Kong or Estonia.
In regards to Stege’s involvement in the MLM space in general, he looks to have gotten started all the way back in 2005 as a co-owner of Vemma operations in Europe, Africa, and Israel. 2010 is when Stege parted ways with Venma, choosing to launch Origin Pure about a year later.
Origin Pue shut down in 2016, along with its sister company Origin Unite.
What Are The Elysium Network Products?
For the product line offered by Elysium Network, the company has something called the “Elysium Capital Pinnacle Portfolio.” It’s described as follows:
“This world-class-performing portfolio is the genesis strategy and birthright of Elysium Capital with a continued objective and strategy which, for a decade, has achieved high performance with a proven solid risk-to-reward ratio.”
Furthermore, Elysium Network says that revenue is generated through. “currency trading, manual & via EA. Complex mathematical and statistical modeling. High Frequency Trading (HFT).”
What About The Compensation Plan For Elysium Network?
As an affiliate for Elysium Network, the compensation plan sees people paying membership fees and then recruiting other people to do the exact same thing. In other words, this is a recruitment opportunity.
If you recruit someone that pays a 179.90 EUR membership fee, you earn 25 EUR. If you recruit someone that pays a 548.95 EUR fee, you earn a 100 EUR commission.
Along with those direct commissions, Elysium Network also promotes residual recruitment commissions. These are paid using a unilevel and binary system, putting a big emphasis on building up a downline of members that are continuing that recruiting pattern.
What’s The Cost Of Joining Elysium Network?
Should you want to join Elysium Network for yourself, you’ll need to pay a membership fee of 548.95 EUR upfront and then 79.95 EUR every single month.
There’s also that 179.90 EUR tier mentioned above, but seeing as how this doesn’t get you into the MLM side of Elysium Network, you’ll probably want to ignore it.
So, Is There A Elysium Network Scam Going On?
Have you been hearing rumours that Elysium Network is a scam?
After reading this review, you might still be asking yourself if it is really legit.
So – what is the truth? Is there really a Elysium Network scam going on?
If I am being perfectly honest, Elysium Network isn’t a scam.
However, there are some things you need to watch out for.
This is how you will be successful in online marketing. See the image below for details.
Finally, My Elysium Network Review And Conclusion!
At the end of the day, it’s not difficult to see what kind of opportunity Elysium Network is.
You join, pay a membership fee, and then get other people to do that as well. Repeat this process over and over, and you’ll keep making money.
This makes Elysium Network a pretty straightforward recruitment opportunity, and as we’ve seen, recruitment opportunities tend to be quite risky. It is possible to make money with them and come out on top, but this isn’t what happens for most people that join. Given the nature of how they work, it’s more likely you’ll join and ultimately lose out.
I can see some risk-takers being interested in trying their luck with Elysium Network, but overall, I think this is something most folks can skip over and be just fine.
I really hope you have gained value from my Elysium Network Review.
I wanted to make sure you had all the information you needed, because most other Elysium Network reviews are just trying to sell you something.
If you really do decide to join Elysium Network, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!