Tracto Venture Network Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Tracto Venture is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Tracto Venture Network, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Tracto Venture as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Tracto Venture in my Tracto Venture Network Review – now you can learn all you need to know about it.
Is Tracto Venture Network really a legit business?
Is Tracto Venture Network a safe business to join?
Let me show you in my review of Tracto Venture Network.
Get started by reading my review below.
Exactly What Is Tracto Venture Network?
Looking through the Tracto Venture Network website, there’s not much information here to see at all.
Nowhere on the website is it mentioned who the owner is, who’s running the company, when it was founded, etc.
The domain name for Tracto Venture Network’s site (tractoventure.com) was registered on November 4, 2016. However, since the registration was done privately, it’s impossible to see where it took place or who the owner of the domain is.
Despite these roadblocks, I did managed to put some pieces of the Tracto Venture Network puzzle together.
An FAQ section on the company website claims that Tracto Venture Network is an, “Australian investment fund and platform”, but searching through the Australian Business Register turns up no such listing for it.
There’s an address in Sydney provided on Tracto Venture Network’s Facebook page, but upon further research, this address belongs to Servo Corp — a company that sells virtual office spaces.
As such, the only connection that Tracto Venture Network has to Australia is this virtual mailing address.
Also worth mentioning is a video that was uploaded to Vimeo eight months ago.
This video reveals that Noel Peter Firth is the CEO for Tracto Venture Network, and the description for said video reveals that Firth is a, “Fintech Entrepreneur and Investor. Firth have been involved in the cryptocurrency world since 2010 where cryptocurrency is at its infancy. Since then, he has been investing into the cryptocurrency, mining and blockchain.”
I couldn’t confirm the claims being made here, but from what I can tell, Firth is actually the real admin for Tracto Venture Network.
There’s another Vimeo video where Firth is speaking at a ceremony for Tracto Venture Network, and this ceremony was supposedly held in Sydney.
However, upon looking at Tracto Venture Network’s Alexa rankings, hardly any traffic comes to its website from Australia. In fact, more than 58% of all site traffic originates from Indonesia.
What Is The Tracto Venture Product Line?
Moving over to Tracto Venture Network’s product line, there isn’t much to speak of here.
There aren’t any goods or services for affiliates to market to retail customers, and this leaves them with only the membership itself to offer to folks that are interested.
Should someone choose to become a Tracto Venture Network affiliate, they will be given the opportunity to invest into, “tracto” — virtual points that Tracto Venture Network is marketing as a new form of cryptocurrency.
Tracto Venture Network sets the value of tracto as it pleases, and the points are tradable on the public market.
Consequently, they don’t hold any real world value.
What Can You Tell Me About The Compensation Plan For Tracto Venture Network?
If you decide that you’ll like to invest into tracto, you have two main ways to do it.
With Plan A, affiliates earn a monthly ROI between 8% and 10% for six months, whereas Plan B affiliates earn a 11%-13% monthly ROI for twelve months.
Affiliates are required to invest into at least 100 tracto by using bitcoin, and the maximum tracto an affiliate can invest into is 100,000.
The monthly ROIs that are offered get paid to affiliates in tracto, but these points can then be converted into bitcoin through the use of Tracto Venture Network’s own internal exchange.
Lastly, affiliates also have the opportunity to earn through both direct and residual referral commissions.
Direct commissions are paid as 20% of whatever your personally recruited members invest, whereas the residual ones are handled via a binary system.
What Will It Cost To Join Tracto Venture Network?
If you’d like to join Tracto Venture Network, becoming an affiliate is free.
With that said, participating in the income opportunity will require you to invest in at least 100 tracto points.
Is Tracto Venture Network A Scam?
If you have heard that Tracto Venture Network is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Tracto Venture Network 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 Tracto Venture Network Review
According to the Tracto Venture Network website, the company we’re dealing with is a, “community of early adopters and cryptocurrency enthusiast driven by future returns.”
That’s fine and dandy, but when we look at just how those returns are paid, that’s where things go downhill.
The only money coming into Tracto Venture Network is from affiliate investments, so newly invested funds are clearly being used to pay ROIs that are owed to other members.
As such, Tracto Venture Network is yet another Ponzi scheme,
As with all other Ponzi schemes that have come and gone before Tracto Venture Network, only the admins involved with the company will earn anything of real value.
Most everyone else who joins Tracto Venture Network will likely lose out.
As such, I suggest looking elsewhere for a new opportunity to join.
I definitely hope you have found value in my Review of Tracto Venture Network.
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 Tracto Venture Network, make sure you take the time to learn how to market yourself!
My training below can help you with that.