Is Game Loot Network a scam? The company is a network of gamers who can also make money with a MLM business opportunity, but is it really worth it?
Let’s take a closer look and find out…
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Company Name: Game Loot Network
Owner: Lance Baker
Price To Join: $24.99/Month + $100 PV/Month
My Rating: 1.5/10
~ Game Loot Network Reviews ~
What Is Game Loot Network?
I’ve reviewed quite a few MLM opportunities over the years, and most of them seem to sell products in the super saturated health and wellness niche. Game Loot Network is a little different, which to me at least makes it more interesting.
On this platform you are networking with others gamers, where you can earn rewards as well as make money with the Game Loot Network affiliate program. There is also a multi level marketing component attached to this opportunity, where the idea is to recruit new members and earn cash.
Game Loot Network was launched back in 2015 by Lance Baker. At least, the Game Loot Network domain was registered by Lance Baker. Whether he actually runs the platform or not is a little hazy.
The platform is devised for mobile gamers. The company actually makes mobile games (apps), uploads them to Fun Zone, then gets its members to recruit new people into the network to play the games and pay money.
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Products
Basically Game Loot Network is selling services where you buy tokens to access games. In essence the games are free, but you have to purchase tokens to gain access as well as be eligible for the affiliate program.
Tokens are also used to unlock other areas of Fun Zone as well as certain challenges within the games themselves.
The Fun Zone packages include:
- Fun 50 – 50 Tokens = $10
- Fun 250 – 250 Tokens = $50
- Fun 500 – 500 Tokens = $100
- Fun 1250 – 1250 Tokens = $250
- Fun 2500 – 2500 Tokens = $500
- Fun 5000 – 5000 Tokens = $1000
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How You Make Money With Game Loot Network
To join The Marketing Arcade, which is a prerequisite to gaining access to the games and earning possibilities, this costs you a monthly fee of $24.99. You also have to earn a minimum of $100 of PV (personal sales volume) every month to remain eligible. PV is a combination of your own purchases and those of your recruits.
Like all MLM schemes, much of your income potential is derived from earning bonuses, with the most common one being the Daily Commissions, which is a percentage of your team’s earnings over a period of time. There are also level up bonuses, for you levelling up and those beneath you.
In order to be considered active, apart from paying the monthly fees and the $100 monthly PV target, you need to maintain at least 3 Game Ambassadors under you or your account will be disabled.
The compensation plan can get confusing, and unfortunately the link to the Game Loot Network official compensation plan PDF no longer works. What I can do is provide you with the chart below as a snapshot of how it works.
Is Game Loot Network An Illegal Pyramid Scheme?
This one is borderline in my opinion. The definition of an illegal pyramid scheme is what’s known as a “naked” pyramid. What this means is there are no real products of any value, and the scheme relies entirely on recruitment to keep it running.
In a way Game Loot Network comes under this definition, as it does rely totally on recruitment, and it’s not selling products, but rather tokens to gain access to a gaming network. I guess that could be classified as a service of some tangible value, but it falls into the grey area for me.
Target Audience
This one is definitely targeted at people who love mobile gaming and would like to be able to earn some money in the process.
What I Like
- It’s different to most other affiliate/MLM deals I’ve come across
- It’s possible you could make money, when you consider how many avid gamers there are around
What I Don’t Like and Red Flags
- It’s pretty expensive when you combine the monthly fee with the minimum monthly PV
- It looks a bit like an illegal pyramid scheme, and is at least in the grey area
- No one really knows who runs this platform
- Will you even actually get paid if you do earn money?
- The hype of earning untold wealth – not likely
- There is no “About Us” page or any information about the company
- You have to enter your mobile/cell phone number to download the game apps. What they then do with your phone number is likely pass it onto telemarketers
- Anything MLM related is a really tough way to make money as it all relies on constant recruitment of active members
- People are not likely to pay a premium for this service when there are so many free mobile games and apps out there
How Much Does Game Loot Network Cost?
As mentioned earlier you have to pay an access fee of $24.99 per month plus maintain a PV of $100 or more every single month.
Is Game Loot Network a Scam?
This one is definitely balancing on the very edge in my opinion. To me the whole game idea just looks like an excuse to run a pyramid scam where everything is about bringing in new people and new money so everyone else can get paid.
Plus, there is no transparent information on who owns Game Loot Network, who runs it, how you get paid, or if you even get paid.
Game Loot Network is too dicey and waves far too many red flags to get my recommendation.
Forget MLM – Make Money With Affiliate Marketing Instead
MLM of any kind has proven to be one of the toughest ways to make any decent income. In fact, 95% of all people who try MLM fail miserably and make no money at all. Game Loot Network is certainly not a likely candidate to break out of this status quo, unfortunately.
A better way to make money online, in my experience (and I’ve had much), is affiliate marketing. It’s really cheap to get started and the business model is super simple.
All you have to do is promote other peoples’ products and get paid a nice commission when sales are made. You don’t even have to handle the products, and you can promote to a global market via your own website or social media accounts.
I make a nice living this way and you can too. If you would like to learn more about it, just click on the banner below to read my guide.
Darren Burton
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