uFun uToken Review – Legit Business Opportunity or Scam?
Hey welcome to my uFun uToken review!
There has been a lot of buzz about this company regarding it’s digital currency and I decided to investigate it further…
Ever since “BitCoin” came out, there has been a ton of craze on digital currency….
I noticed every other week, there is some digital currency MLM company springing up but you have to be careful…
You see, 99% of these companies won’t go anyway so you have to really do your diligence when you are choosing one.
In this uFun uToken review, I am going to walk you through the company, the products and the compensation plan so you can make the right decision.
Find out of this company is legit or a scam…
uFun uToken Review – The Company
UFUN international launched a new digital currency called uToken which came in the marketplace in 2014 and the goal was to be the biggest e-commerce platform on the planet…
uToken is also a self-sustaining global currency (so they say…).
uFun decided to make a network marketing company around this digital currency so you can get paid commissions for referring people or even get up to 10% admin fee for each transaction…
Now lets take a look at the actual “Product” of the company…
uToken Review – The Digital Currency
uToken just like it says is a digital currency that can be traded at www.utokens.com and www.ubartertrade.com, in addition, it can be transferred directly from person to person.
They can also be directly bartered to pay for any goods or service like:
and other stuff too….
uTokens can be used all over the world on many devices like a desktop PC, laptop, tablets and smartphones.
So is uToken backed by the bank reserve?
uToken claims it has a huge advantage over all the other virtual currencies that it’s backed by a bank reserve.
To find out more information on that, here is an outline here.
So how do you buy uToken?
The odd thing about uToken is you can’t buy them directly from uFun or the official website…
You can only purchase them through uFun or uToken members…
They have different packages depending on what you want and range from $500 to $50,000 USD for different shopping vouchers in the uToken store.
Packages also come with different types of uToken “Points” which includes:
- S-Point: Shopping vouchers
- P-Point: Free products
- U-Point: uToken “Multiply”
Now let’s take a look at their business opporutnity…
uFun Review – Commission Structure
Like all network marketing companies, you get paid a commission when you refer someone in the business.
This is no different in uFun…
Instead of me trying to explain the compensation plan, why not have a uFun rep do it?
I just want to warn you, this video is going to be biased so take it with a grain of salt….
Now this sounds all good…
It’s time to see the ugly…..
uFun uToken Review – The Verdict
After investigating the company even further, it looks like a lot of fraud is happening….
I notice it’s happening mostly in Thai land as well…
Executive of uFun store Ms Namanaphan Tarabundit was arrested for cheating people from a ponzi of pyramid share scheme. Here is the source for that click here.
Also there was news on raids and arrests being made with other members…
Seems like this company has some major fraud issues…
…and for that reason I am out.
There are so many business opportunities out there that can make you money…
In fact, after reviewing hundreds, I narrowed it down to TWO that can help you with financial freedom without recruiting a single person…
Yes you heard that right, NO recruiting is required.
Do you agree the biggest reason why people fail is because they can’t recruit?
So if that was eliminated all together, how would that improve your chances of success?
Probably 100 folds!
I have tested both companies for a long time and have generated an extra 6 figures on the side along side my primary business…
It’s COMPLETELY newbie friendly and that’s why I recommend either of those opportunities.
But people ask me what is my favorite?
It’s because I had the opportunity to help over 3000 people make their FIRST profit online…
I know that’s a bold statement, but it’s true…
Thank you for visiting my blog and all I want is the best for you and your family.
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Bless and Be Blessed,
-Jesse Singh[hcshort id=”6″]