MavWealth Review – Legit Business or Big Scam? Let’s Find Out Shall We?
Welcome to my MavWealth Review!
With so many new MLM companies popping up almost daily, it can be difficult to know which ones are legit and which ones aren’t.
A great way to make sure you are joining the right company is by learning as much as you can about it before signing up.
Reading reviews is one of the many ways you can do this, so welcome!
My review will cover the company, the products and the compensation plan.
So let’s dive in!
MavWealth Review – The Company
First things first, I couldn’t find any information on the company website in regards to who owns or operates MavWealth.
I did discover that the MavWealth website domain was registered on the 2nd of December, 2015 as “mavwealth.com”, followed up by an update on January 7th, 2017.
There is a UK address listed on the website, but it seems that this address actually belongs to British Monomarks, which is a post box address provider based in London.
This likely means that MavWealth exists in the UK in name only.
MavWealth Reviews – The Products
MavWealth does not offer any retail products or services.
Affiliates who join MavWealth as an affiliate can only market and sell the membership itself.
Once an affiliate signs up, they must invest between $50 and $99,999 in order to participate in the compensation plan.
Every investment comes with penny auction bids, which affiliates can then use on penny auctions hosted on the MavWealth website.
The MavWealth Compensation Plan
Affiliates who want to take part in the MavWealth compensation plan are required to invest between $50 and $99,999 with an expected daily 100 day ROI.
- Explorer – Invest $50 to $9999 and receive a daily ROI of up to 1.5%
- Pro – Invest $10,000 to $49,999 and receive a daily ROI of up to 1.75%
- Achiever – Invest $50,000 to $99,999 and receive a daily ROI of up to 2%
To qualify for an ROI, MavWealth affiliates must use one penny auction bid on the company’s penny auction platform every day.
MavWealth affiliates can also earn a referral commission on the money that is invested by affiliates they’ve personally sponsored, which looks like this:
- Explorer affiliates earn a 5% referral commission
- Pro affiliates earn a 10% referral commission
- Achiever affiliates earn a 15% referral commission
Residual commissions that are earned by MavWealth affiliates are paid out through a binary compensation structure.
A MavWealth binary compensation structure puts an affiliate at the top of a binary team that splits into a left and right side.
The first level of the binary team holds 2 positions and the second level of the binary team is made by adding another 2 positions under each of the first 2.
Additional levels of the binary team are made as needed, with each new level holding twice as many positions as the level above it.
Binary team positions are filled through direct and indirect sponsorship of new affiliates.
There are currently no restrictions on how deep a binary team can grow.
MavWealth counts up new investment volume on both sides of the binary team at the end of each day.
An affiliate then earns a percentage of the money matched on both sides of their binary team.
The exact percentage that is paid out depends on how much the affiliates themselves have invested:
- Explorer affiliates are paid a 5% binary commission, capped at $1000 a day
- Pro affiliates are paid a 10% binary commission, capped at $5000 a day
- Achiever affiliates are paid a 15% binary commission, capped at $10,000 a day
Any binary volume that is unmatched is carried over to the following day, and then matching process is repeated.
Cost To Join MavWealth
The cost to join MavWealth as an affiliate is a $50 to $99,999 investment.
The moment you have been waiting for in this MavWealth Review…
Verdict on MavWealth
This is kind of like UR Network Team, but with penny auctions, a daily ROI and referral commissions.
The problem with this company is that there is no external income sources coming into MavWealth for those daily ROI’s…
And because they have no real products, it’s also a pyramid scheme…
If the company had products, then that wouldn’t have been a problem but I noticed more and more companies are going this route…
I can guarantee you it won’t even last 6 months…
I hope you enjoyed my MavWealth Review and if you have any questions, leave them in the comments below…
Jesse What Do You Recommend?
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