ShareNode Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that ShareNode is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about ShareNode, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting ShareNode as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about ShareNode in my ShareNode Review – now you can learn all you need to know about it.
Is ShareNode really a legit business?
Is ShareNode a safe business to join?
Let me show you in my review of ShareNode.
Get started by reading my review below.
Exactly What Is ShareNode?
Taking a gander at the official website for ShareNode, there’s nothing to see in the way of background information. No matter how much I snooped around, I was completely unable to find any mention of who owns the company, when it was initially founded, where it’s based out of, etc.
The domain name for the ShareNode site (sharenode.com) was first registered way back in 2006 but was just updated in August 2018. The owner of the domain is credited as Stephen Chiang along with an address in California in the United States with a PO Box.
Following a bit more research on my part, I came to the conclusion that Stephen Chiang (who is also known as Steven Chiang and Steve Jiang) is the co=founder of another company called Nasgo along with Eric Tippetts.
ShareNode’s website notes that it’s “powered by Nasgo”, and on a press release that was published on October 3, 2018, James Hardy was announced as the co-founder of ShareNode.
Eric Tippets has done a lot of MLM-focused training through his app called “Rocket Recruitment”, but based on what I can see, Nasgo is his first time serving as an executive for an MLM venture.
Chiang also claims to have a history in MLM, but his details are a lot less clear. Per Chiang’s LinkedIn page:
“The first organization I created quickly became a 1000 member force using each other’s skill sets to succeed and create the template for future success. That organization became the fastest growing organization in a US company and with those 1000 employees quickly became the #1 distributorship within a three month period.”
What Is The ShareNode Product Line?
When it comes to the product line ShareNode is offering, we have to go back to that Nasgo company I mentioned above.
Nasgo promotes a token called NSG that supposedly allow any company to instantly create their own form of blockchain. There are a few packages offered, ranging from $995 to $1995.
These are the packages that ShareNode offers.
What Can You Tell Me About The Compensation Plan For ShareNode?
As an affiliate for ShareNode, you earn money by selling these packages. When a package is sold, your commission is paid out using SNG, NSG, and bitcoin. The SNG token is ShareNode’s own form of crypto that was created using Nasgo’s NSG platform.
Commissions are handled using a unilevel system that pays down to a virtually endless number of levels.
What Will It Cost To Join ShareNode?
Want to join ShareNode? If so, the membership starts out with an initial investment of 1000 SNP tokens. According to a marketing slide for ShareNode that I managed to find, that info is meant only for people that are invited to the company and not for the general public.
Because of the confidentiality surrounding this, it’s unclear how much 1000 SNP translates to in USD.
Is ShareNode A Scam?
If you have heard that ShareNode is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is ShareNode a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My ShareNode Review
So, what’s the final say on ShareNode?
The biggest red flag to take note of is the fact that neither NSG or SNP are tradable on the public market. That means that anything you earn from ShareNode as a commission in this form of currency is entirely worthless in the real world and holds no value outside of the ShareNode system.
That is not a good foundation to run an MLM opportunity off of, and at the end of the day, it all boils down to you handing over real money in exchange for some worthless Ponzi points.
There have been a lot of companies similar to ShareNode in the past, and there will be plenty more in the future, too.
Avoid this one, join something else that’s been proven to work, and you’ll be much better off.
I definitely hope you have found value in my Review of ShareNode.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with ShareNode, make sure you take the time to learn how to market yourself!
My training below can help you with that.