U-Mind Space Review – Legit eCommerce & Securities or Big Scam?

Welcome to my U-Mind Space Review!

Chances are you were approached by someone in this company about the business opportunity and you did a quick Google Search and landed on this page right?

The good news is you are doing your research instead of just joining something on pure hype…

I have seen so many people get burned that way, but that won’t be you because you are going to learn the truth here…

What I need you to do next is very simple…

Pay close attention to the words on this blog post and read it to the end.

I am going to walk you through the company, products and compensation plan so you can make the right decision…

Let’s dig in shall we?

U-Mind Space Review – The Company

U-Mind Space Review

U-Mind Space doesn’t provide any information on who actually owns this company or the leadership behind the scenes…

I investigated the U-Mind Space website domain (“u-mind.space”) and found out it was registered on August 9th, 2016.

The good news is that Kevin Lee is listed as the owner, with an address in the US state of California also provided.

Some people keep their domain registration private so you can’t even find out who owns it…

The address on the domain registration is completely differerent from the Californian address provided on the U-Mind Space website.

Hmmm…

I found out that the domain address is a residential property in La Canada.

The website address belongs to Regus and is pretty much a virtual address…

Further investigation shows the U-Mind Space domain address appears to belong to Lee.

Due to the language barrier (Kevin Lee is Korean), I couldn’t find any past history in the MLM space…

That’s all I got for you, let’s look at the products next…

U-Mind Space Reviews – The Products

U-Mind Space has no retail products or services that can be offered to customers, but you can promote U-Mind Space affiliate membership…

Once you get started with the U-Mind Space affiliate membership, you get access to a bitcoin based e-commerce mobile app.

The app also has various social communication features…

U-Mind Space Compensation Plan

U-Mind Space members can join and pay an affiliate fee.

Commissions are paid when they sponsor others who do the same.

In total there are three U-Mind Space affiliate membership options you can buy:

  • U-Mind Royal – $2000
  • U-Mind Noble – $1000 plus $100 a month
  • U-Mind Prestige – $10 a month

Binary Compensation Plan

One of the compensation plan structures U-Mind uses to pay residuals is a binary plan.

This just means you have two legs (left and a right) and can be filled directly or indirectly by you or your team members.

Each day, U Mind Space adds up all the volume on both legs and pays you 20% on the lesser leg.

Anything left over rolls over to the following day.

Unilevel Compensation Plan

Another compensation plan U-Mind uses to pay residuals is a unilevel plan.

If you don’t know what that looks like, take a look at this:

  • You
  • Level 1: Personally enrolled members
  • Level 2:  Level 1’s personally enrolled members
  • Level 3:  Level 2’s personally enrolled members

U-Mind pays you 1% commissions on the affiliate fee everytime you sponsor a new member:

  • U-Mind Noble and U-Mind Prestige affiliates earn on seven unilevel levels
  • U-Mind Royal affiliates earn on ten unilevel levels

You can also get paid on something called a “recommendation tree”:

  • First generation recommendation tree bonus = 10%
  • Second generation recommendation tree bonus = 5%
  • Third generation recommendation tree bonus = 3%
  • Fourth generation recommendation tree bonus = 2%

U-Mind Bonus Pools

Every time you hit a rank position, you can be part of one of the three U-Mind Space Bonus Pools:

  • U-Mind Pool – All affiliates receive a share in 1% of collected company-wide affiliate membership fees
  • Count U-Mind Pool – Count ranked U-Mind Space affiliates receive a share of 2% of collected company-wide affiliate fees
  • Duke U-Mind Pool – Duke ranked U-Mind Space affiliates receive a share of 5% of collected company-wide affiliate fees

To be part of “Count” U-Mind Pool, you must have 100 affiliates in your downline.

To be part of “Duke” U-Mind Pool, you must have 1000 affiliates in your downline.

Cost To Join U-Mind Space

The cost to join U-Mind depends on which affiliate option you go with:

  • U-Mind Royal – $2000
  • U-Mind Noble – $1000 plus $100 a month
  • U-Mind Prestige – $10 a month

The moment you have been waiting for in this U-Mind review…

Verdict On U-Mind Space

According to U-Mind Space, they are:

Global Society of the members of all the Like-Minded Communities who collectively market, use & share the best product on earth.

They also talk about the following:

Major aspects of Psychology and Statistics are already in place and the upgrades for Image Recognition & Natural Language Processing have been in progress, as well as the digitalization of the Oriental Academic Heritage, including Physiognomy and I Ching.

It looks like none of that is part of the network marketing side of things…

Not only that they have no real retail products or services being sold…

Because of that, this company falls into the pyramid scheme arena and they offer securities as well…

U-Mind Royal affiliate are given 500 and 1000 common stocks of the company.

The problem with this is U-Mind Space isn’t registered with the SEC and Kevin Lee’s company is based out of the USA.

As of right now, there are just too many red flags and I personally don’t recommend U-Mind Space.

I hope you enjoyed my U-Mind Space review and if you have any questions, please leave them in the comments below…

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U-Mind Space

-Jesse Singh

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