Lifestyle Galaxy Review: Legit Business or Big Scam? Discover That Here…
Welcome to my Lifestyle Galaxy Review!
Whether you have heard of Lifestyle Galaxy before or this is the first time you have come across it, you are likely here to learn more about this company.
Signing up for a new business venture can be daunting, so you want to make sure that you have done your due diligence before you invest.
One of the best ways to learn more about a company is by researching it and reading reviews, so I’m glad you’re here!
This review will go over the company, the products and the compensation plan.
Read on to learn everything you need to know about Lifestyle Galaxy.
Lifestyle Galaxy Review – The Company
First launched in 2010 by a man named David Martin, Smart Media Technologies was a company that sold digital advertising packages and paid commissions to affiliates who recruited others who did the same.
Smart Media Technologies went under in 2014 when some affiliates were arrested in Bangalore.
Martin returned to the MLM scene in 2015 with the launch of Skill Dragon.
Initially intended to be a revenue sharing opportunity in the mobile app and eSports realm, Skill Dragon failed to gain ground, and so a cryptocurrency mining pool concept called Dragon Mining was added to the company’s opportunity.
Not too long after this, Martin chose to relaunch Dragon Mining as his main business focus.
Which now brings us to Lifestyle Galaxy, which seems to be a relaunch and repackage of the original Smart Media Technologies.
Lifestyle Galaxy Reviews – The Products
Lifestyle Galaxy’s focus is mining contract sales to retail customers.
There are no other details that are provided, except the fact that the retail mining contracts will cost more than the same contracts that Lifestyle Galaxy affiliates can purchase.
The Lifestyle Galaxy Compensation Plan
Affiliates who want to participate in the Lifestyle Galaxy compensation plan must sign up and invest money into “mining contracts”.
- Level 1 – $500
- Level 2 – $1000
- Level 3 – $2000
- Level 4 – $2500
- Level 5 – $5000
- Level 6 – $10,000
These contracts seems to be attached to cryptocurrency mining and, as such, are locked in for 3 years.
As is expected, the higher the investment, the higher the comparative daily ROI payout will be.
Affiliates receive variable ROI payouts in either ethereum or bitcoin throughout the contract’s time period, and are also required to reinvest 35% of each monthly ROI.
Every time a Lifestyle Galaxy affiliate recruits a new affiliate, they earn a $150 payment.
Affiliates who take part in the compensation plan earn residual commissions through a binary compensation structure.
This type of compensation structure puts an affiliate at the top of a binary team that splits into a left and right side.
Level 1 of the binary team has 2 positions and level two is made by adding another 2 positions under each of the first two, for a total of 4 positions.
Additional binary team levels are made as they are needed, with each new level holding twice as many positions as the level above it.
Binary team positions are filled through direct and indirect recruitment of affiliates.
Currently, there is no limit as to how deep the binary team can grow.
Lifestyle Galaxy pays out residual binary commissions according to points.
Binary points are earned through recruitment (200 points), monthly affiliate fee payments, binary team ROI payout and Skill Dragon’s eSports and auction ventures.
Each time an affiliate reaches 900 points in the binary team (split 300/600 on either side), the affiliate earns $50.
Cost To Join Lifestyle Galaxy
The cost to join Lifestyle Galaxy as an affiliate is an initial payment of $400 followed by $30 a month.
In order to fully participate in this income opportunity, it will require an additional $500 to $10,000 investment in a “mining contract”.
Verdict on Lifestyle Galaxy
The problem this company is just like it’s prior attempts at it…
Last time before the 3 year contact was up, they went under but what makes this company any different?
What happened last time was that people stopped sponsoring new members in the business and they just ran out of money…
It looks like it might be the same story again…
I personally just see too many red flags right now unless they can some how prove they are indeed getting external income source that’s funding the ROI’s…
Anyway, I hope you enjoyed my LifeStyle Galaxy Review and if you have any questions, leave them in the comments below…
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