We all want to make good money. You might have heard about the opportunity to work remotely if so.
You’re not sure if it is, so you ask yourself: Is Legends VIP Network a fraud? Technically speaking, Legends VIP Network doesn’t work.
But if it is not, then is this already a legit opportunity to make money from home and start leaving your full-time job?
This review will allow you to make informed decisions.
What is Legends VIP Network and how can I get it?
Legends VIP Network is a Multi-Level-Marketing that is selling streaming services.
This is one of the most recent MLMs, having just launched its operations in 2019. They stream shows from different TV networks, including the NBA, MLB and NFL.
It is strange that they do not confirm they have streaming rights for all of those.
It is not known much about the history of their company or its owner. One of their videos features a man called Val Smyth. Maybe he is the one who started this MLM streaming site.
Is Legends VIP Network a pyramid scheme?
Legends VIP Network is very similar or almost identical to a pyramid scheme.
Because recruiting people is the only way their members can make money. It’s important to also ask…
Is Legends VIP Network a pyramid scheme in disguise?
What is a pyramid scheme?
A company that offers members a salary for their services in recruiting.
This is the main business model, rather than manufacturing and selling products that are of value to a particular set of customers.
These illegal members have been labeled by governments and countries around the world as ineligible to earn any kind of income.
Here is a Wikipedia diagram that will explain this…
Members who make money do nothing except recruit others to this business opportunity.
The diagram below shows this. This is a non-sustainable business model. Members will run out of members soon enough.
This video is just 5 minutes long and will show you how to spot a pyramid scheme disguised.
Legends VIP Network is a rare success story
You just did that right. It can be difficult to achieve success in MLMs like Legends VIP Network.
Statistics even state that around 72.5% and 99.9% of MLM members are just wasting their money for nothing.
MLMs have a sales requirement that members must meet.
To receive bonuses and commissions from the company, members must sell certain products or services.
They are forced to buy the products if they don’t succeed. This causes members to lose a lot of money before they can recruit any member.
How does Legends VIP Network work?
Legends VIP Network, an MLM company, sells streaming services of pirated content from different networks.
A side program allows members to sell their services and make money from recruitments.
This sounds like a viable business opportunity.
It’s not because the company spends millions on marketing and advertising, because its members do it.
Let’s find out more about…
Legends VIP Network products
Legends VIP Network is a MLM that only sells one product or service. Their streaming service is it.
Here is a detailed description:
Streaming Service ($147).The streaming service claims that it offers access to over 1,000 movies, shows, and premium television series.
This is also better than traditional TV subscriptions because it’s more costly and has a smaller number of channels. This will be the subject of a deeper dive later.
I discovered that Legends VIP Network is a partner of StreamFlowTV. This is the source for the networks they stream.
You can view their shows on any device: smartphones, tablets, smart TVs, computers, laptops and laptops.
Although it sounds great, you cannot access StreamFlowTV unless you subscribe to Legends VIP Network.
Legends VIP Network can help you make money.
It’s possible, but not as simple as it sounds.
There are only a few people who make money with the company.
These guys are outgoing and work round the clock to recruit people.
It is treated as a full-time job, not the part-time job you would like.
Worse? They make a similar or even lower income than the minimum wage. They don’t disclose their income.
How to make money using the Legends VIP Network
This MLM is not for everyone.
- Recruitment of employees
Most MLMs have two ways to make money, but Legends VIP Network has a different approach.
This is a clear indication that this MLM is not legitimate.
How much does Legends VIP Network cost?
To become a member, you will need to pay $100 This is the affiliate subscription.
You will also have to pay $47 the first month to get access to their streaming services. Then another $40 per month.
Monthly cost for Legends VIP Network
Their site does not indicate a monthly quota, but even if it is, you will still need to pay a monthly fee to subscribe to their streaming or affiliate service.
These are the expenses you will incur the first year.
- $40 x 12
Minimum cost for year 1: $627
However, other expenses like marketing and training are not included.
Legends VIP Network compensation plan
MLMs can have confusing compensation plans. Legends VIP Network is one example.
There’s no reason to be worried, because this article will simplify things…
As a Legends VIP Network member, there is only one way to make money…
When a member you have recruited recruits another member, you earn $100
This is what they call their 1-up compensation. The $100 your recruit receives once they have their first recruit is passed to you.
The more members you have the more you receive $100.
This is a clear indication that Legends VIP Network has been set up as a pyramid scheme.
Is Legends VIP Network a fraud?
Many signs indicate that Legends VIP Network is fraudulent.
First, recruiters are the only way members can make money.
The second is that it’s difficult to prove their earnings.
However, it’s not clear that their members have been paid. We can’t be certain that they are a scam.
This review will continue to explore the pros and cons associated with this company in the next section.
To be completely transparent with you, I am not a distributor and I don’t endorse the product in any way.
To find out the truth about this program, I researched it thoroughly. Because I’ve been burned by similar programs in the past, I want to make sure others don’t make the same mistakes. Click the highlighted text to learn more about “Spotting an Online Marketing Scam”.
Legends VIP Network: What I love about it
- Pyramid Scheme: Members are recruited via a promise to pay for the recruitment of others rather than providing a product
- Affiliate Marketing – Connecting customers to the product they want and getting a commission
- Red Flag – A warning sign
#1 Unique Offering
MLMs tend to be health and wellness businesses.
This one is unique because Legends VIP Network sells streaming service.
This could be compared with Netflix, Hulu, or Curiosity Stream. This alone makes it unique and rare. It’s also good for the few competitors you’ll have.
Legends VIP Network: What I don’t like
#1 Most expensive products
Legends VIP Network claims it sells streaming services at lower prices than its direct competitors.
Take a look at these:
The gap isn’t so large, you see.
Even if you pay $40 per month, there is no guarantee that it will last. Again, it isn’t proven that this company owns the rights to these networks.
However, it is worth paying a little more for legal video that guarantees clear and high quality video.
#2 Information is lacking
Legends VIP Network does not disclose income.
This is crucial because it is where people can see if their members actually earn…
In this instance, there is none. Or maybe they missed it. Maybe their members aren’t making enough money.
This can be a problem, especially if you want to attract people to your company. People will think the company you are promoting isn’t legal and legitimate.
To see if they are able to make money, people need official documents
#3 Copying movies and shows
Based on my research and the appearance of the channel, I don’t believe Legends VIP Network was granted broadcast rights.
This makes it clear that they are pirating content. It is important that streaming providers have legal access to certain networks, such as the NBA or MLB, in order to legally operate.
In this instance, there is none. They are most likely to be shut down very soon.
#4 Is Legends VIP Network a pyramid scheme in disguise?
To access their streaming service and remain an active member, you must spend $40 per month.
It’s not easy, I’m sure, but it can be avoided by recruiting people.
You continue doing that even though you know they will experience the same problems! That’s just not right.
#5 Downward trend
When I write a review, I always visit Google Trends. They usually show me a diagram.
This time, however, there is none…
Google Trends cannot show any diagram, as not many people search for Legends VIP Network.
It will be difficult to recruit and sell members of this company.
My opinion – Legends VIP Network
Legends VIP Network, an MLM, sells streaming services.
They merely pirate streaming rights and network access. They also know that their business opportunity is not very good because it’s all about recruitment.
Let me tell you about Legends VIP Network…
Even if you know they will lose money, you need to recruit as many people possible. This does not sound like a legitimate and ethical business.
There are many other business opportunities that offer better earning potential, so you might be interested in these.
How can I make passive online income?
MLMs aren’t illegal or a scam. They are not illegal or a scam, but I don’t like them due to the restrictions on the products you can promote.
Affiliate marketing was a business model that I found far more appealing once I learned about it.
- You can promote any product or service you like and still own the business.
- There is no need to sell to family and friends.
- It’s totally free to get started
In 2018, I didn’t know what affiliate marketing was.