Mintage Mining Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, Mintage Mining 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 Mintage Mining in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for Mintage Mining.
I wanted to gather all the information about Mintage Mining in my Mintage Mining Review in order for you to make a decision about joining Mintage Mining.
Is Mintage Mining 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 Mintage Mining.
Read on to find out what you need to know.
What The Heck Is Mintage Mining?
Looking at the official website for Mintage Mining, there’s really not a lot to see.
There’s not mention of who’s running the company, where it’s based out of, or when it was launched.
There is a bit of copy on the site that describes what Mintage Mining is, and it says that it’s “a collaborative crypto mining platform that brings cryptocurrency enthusiasts together to mine the most current and profitable coin available each week.”
The domain name for Mintage Mining’s site was registered on October 24, 2017, but because the registration was done privately, it’s impossible to see where it took place or who owns the domain.
Along with this, it’s worth mentioning that I first came across Mintage Mining a few weeks back when I discovered that it had connections to Nui.
Mintage Mining is trying to promote itself as its own thing that’s in a partnership with Nui, but we’ll get more into that later.
What Are The Mintage Mining Products?
On the product line side of things, Mintage Mining really disappoints.
There aren’t any goods or services being marketed or sold to retail customers, and this results in affiliates only having the affiliate membership to market to shoe that are looking to join a new income opportunity.
A setup like this also creates for a total lack of retail sales activity, and it’s something that’s usually only seen with opportunities that exist within the MLM underbelly.
What About The Compensation Plan For Mintage Mining?
Moving over to the compensation plan, affiliates for Mintage Mining are asked to invest $25 or more so they can earn a weekly ROI.
Investing that $25 provides members with what’s called a “mining contract”, and this essentially just means that you have access to the weekly ROI for 52 weeks.
To help supplement what you earn from the ROI, affiliates can also take advantage of referral and residual commissions.
Referral commissions are paid as a 10% commission for every personally recruited member of yours that chooses to invest, and residual commissions are handled using a unilevel system that allows you to earn down to ten levels of recruitment.
What’s The Cost Of Joining Mintage Mining?
You can join Mintage Mining for free, but if you want to actually earn money with the company, you’ll need to invest $25 or more.
If you don’t want to earn on the ROI and only through referral and residual commissions, you can do this by generating 1000 CORE Nui points.
So, Is There A Mintage Mining Scam Going On?
Have you been hearing rumours that Mintage Mining 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 Mintage Mining scam going on?
If I am being perfectly honest, Mintage Mining isn’t entirely a scam.
However, there are some things you need to watch out for.
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Finally, My Mintage Mining Review And Conclusion!
As I mentioned earlier, Mintage Mining is marketing itself as a “partner” with Nui.
On a part of the Mintage Mining website, you’ll find the following message:
“As a partner with Mintage Mining, Nui Members can take part in their Bonus Plan.
This gives Miners the opportunity to earn rewards from the mining activity of anyone they directly refer (Bonus Units), and on team activity (Override Units).”
However, there’s more than a simple partnership taking place.
Mintage Mining has direct integration with the Nui backend, meaning that Nui downlines are carried right over to Mintage Mining. This is also seen with the fact that you can qualify for Mintage Mining commissions by generating Nui CORE points.
Rather than being a partnership, Mintage Mining is clearly being run by the same people that are involved with Nui.
Why is this a big deal?
Mintage Mining’s business model sees it offering securities to people, and since Nui is based out of Utah in the United States, this means that Mintage Mining needs to be registered with the SEC so that it can offer these in a legal manner.
As you might be able to guess, it isn’t.
Along with offering illegal securities, there’s also no proof that any real mining activity is actually taking place with Mintage Mining. The only money that’s evidently making its way into the company is that of affiliate investments, and this naturally turns the company into a Ponzi scheme.
Most people that join Mintage Mining will likely end up losing out, only the anonymous admin(s) will earn anything of real value, and once investments stop coming in, Mintage Mining will be no more.
I really hope you have gained value from my Mintage Mining Review.
I wanted to make sure you had all the information you needed, because most other Mintage Mining reviews are just trying to sell you something.
If you really do decide to join Mintage Mining, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!