Is FutureNet a Scam? It’s Not Illegal But…
Is FutureNet a scam? The company is a fairly new, making it a fresh name on the market, but that doesn’t mean it can be trusted. One thing that sets this MLM apart from the rest is the fact that it runs as a social media platform. That’s right: You can create a profile, comment on forums, and share links around just like a brand new Facebook!
But what in the world can FutureNet offer that Facebook doesn’t already have? And why should this new platform be trusted?
In this review, I’ll explain why I some people think FutureNet is a downright scam. With a very unstable payment structure, and with no target audience to grow membership opportunities from, FutureNet may feel like a dead end for anyone who feels like investing in it.
Note from Roope: This FutureNet review is written by my team member and based on his research.
Launched: 2014 by Stephan MOrgenstern and Roman Ziemian (Both CEOs)
Cost: From $0 to $1685 depending on your preferred membership plan
Type: Online Business System. Multi-Level Marketing (MLM)
Short Review: Based on our research FutureNet.com is not recommended. It has a pretty negative reputation in the online business world. They aren’t very transparent and there may be negative surprises (Read: Lots of upsells) for new members.
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What is FutureNet?
FutureNet.Club is a unique twist on the traditional MLM model, and it tries to turn a profit based on web traffic. On its official website, FutureNet touts itself as a “Social Media for Business”, acting as a central hub where businesses can promote their digital information online.
The website itself doesn’t even give any information about the company on the landing page – it simply gives you a form to fill out if you want to register (for free!) as a member. You have to scroll to the bottom of the page to find “More Information” in order to read what the company is all about.
FutureNet’s mission is to “develop the first social platform whose innovative communications instruments and products offer people globally the possibility to use their online potential optimally.”
That is one of the messiest mission statements I’ve seen, even in the MLM world. Not only is the sentence strewn with improper English grammar, but it also appears to be quite redundant. Their goal is to be the first to create something that has already been created?
They want to give members the opportunity to make money while advertising their services and web pages through the social media platform. But the reason this can never work is because the people end up sharing their affiliate links with those who are already members. That way, no money can be made and everyone is stuck in a surreal, link-spamming loop.
FutureNet.Club sells doesn’t sell tangible products – instead, they sell the opportunity to advertise on their (not so) popular social media platform. Members can choose to profit from the following so-called “products”:
- Landing Pages
- Blogs and Website Templates
- Video Email Advertising
- Cloud storage Opportunities
- Additional Advertising Packages
FutureNet tries to sell the tools needed to make money, rather than being a direct source of profit itself. However, you are forced to interact with the social media platform if you want to make any money at all. This is because interacting with the platform earns you “points”, and the points are used towards purchasing one of the products from the above bullet point list.
Most of the products sold by FutureNet are bad deals that can be found cheaper almost anywhere else. The cloud storage opportunity is decent, but without enough people trusting FutureNet, or even knowing about it, there really isn’t much opportunity for profit there.
FutureNet Starter Kit?
It’s possible to get started for free with FutureNet. But of course, like most MLMs with a free option, there are strict limits on your account with no potential for real money unless you upgrade to a paid account.
I wish I could say that getting started is simple, but it really isn’t. You can’t really go anywhere with the program until you buy one of the six available matrix options, which are basically different forms of trickle-down payment structures where you may or may not earn anything at all. Your matrix plan determines which of the company’s products you can buy, and that’s just to get started.
After buying the products, you then have to pay to stay active on the social media platform, plus you’ll have to pay for your own advertising after a certain amount of growth. Basically, there is no way to ease yourself in – you’ll be spending a lot of money unwillingly.
Less than 5% of all members who have started with FutureNet are making any kind of money. They rope you into buying different options with the ability to expand your own website, but then you just end up advertising to fellow members who are also trying to grow their own businesses, and it’s like talking to a brick wall. You aren’t going to get anywhere.
FutureNet Compensation Plan
Here is a video that does its best to explain the very complicated compensation plan that FutureNet has to offer. Keep in mind that the video creator is affiliated with the company and earns money by promoting it.
As you can see, there is a lot going on here. And I’ve always believed that the more convoluted a payment plan is, the less trustworthy it can be. FutureNet is a great example of this.
When you sign up for a matrix plan, you have to pay for all of the previous matrix plan fees as well. For example, you can’t just buy the $1000 payment plan – you’ll have to pay for all of the ones before it, such as the $500, $100, $50, and $25 plans – costing you a total of $1685 just to have access to the other product opportunities!
Then you have to pay to generate traffic, and for good affiliate tools. You will gain a 30% commission any time you sell one of FutureNet’s products to a member directly, but you have to convince them to buy in the first place. If you use FutureNet to promote your own products, you’ll get 50% of what you sell it for – so FutureNet is stealing half of your product from you.
This is a downline payment method so the it makes a pyramid form. You can earn if you’re lucky enough to develop teammates and get people to click on your links, but that’s almost impossible in a platform of inactive members, in my opinion.
FutureNet Reviews & Complaints
One of the first reviews I read about FutureNet was a complaint about the team member structure. When you encourage someone to buy FutureNet products and join your team, you expect them to be a member of your team. However, a lot of people are reporting that after they sign up, they are assigned to a random team leader who isn’t the person who recruited them.
This is a pretty big flaw from the start. Another review I read mentioned that a user spent thousands of dollars and didn’t make any money in return.
Some people claim that the say that the payment and distributor structure clearly outlines FutureNet as a Ponzi scheme. While it is possible to make money if you’re lucky enough to know how to drive lots of traffic, it may not be worth your time. Odds are, you’ll lose a lot of money for nothing.
FutureNet is not a Ponzi scheme or even close because they have a real product and they provide some value. However, it’s still a bit challenging to trust in this program.
Conclusion – Is FutureNet Worth It?
There are way too many red flags in FutureNet so I just prefer to stay away. You can, of course, make the decision based on your own analysis but I would say that there are much more reliable ways to make money online.
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What do you think about FutureNet?
Do you have experience of this or some other similar programs?