Lately, the network marketing circles have been getting more and more of Stepium, and this has created a need to find out what it is and whether it is legit. This Stepium review is fair because it is from a third-party point of view, with no direct interest in the product except to provide a fair review to help you make an informed decision before joining the Stepium bandwagon.
Before I start…
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Is it Legit or Just Another Scam?
You are about to find out whether or not Stepium is legit. At a glance, the product makes an undoubtedly poor first impression. For instance, the company website fails to indicate its physical location, owner, year of founding, or any other related information. It is important to provide sufficient background info if you are operating within the MLM sphere, but this product fails to do so. While the domain registration should provide ample details, Stepium’s has nothing more than its registration date, which is October 21, 2017. However, it only mentions that it is based in the U.S.
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Despite claiming to be a highly-technological U.S.-based international project, it does not appear so. It offers the English and Russian languages for starters. Its social media profiles and YouTube marketing videos are all in Russian. From Alexa rankings, it is clear that most of the traffic to the company’s website originate from Russia. A legit MLM opportunity would never go to an extent just to lie to visitors about its actual location.
Stepium Products
Stepium’s product line has yet another disappointment waiting for you; Stepium does not sell goods or services to retail customers. Consequently, expect no signs of retail sales transactions anywhere. Affiliates can only offer you the affiliate membership, nothing more.
Such a setup is only witnessed among opportunities that lie within the MLM underbelly. This, when added to Stepium’s lie about their physical location, will reveal that you may not be dealing with a legit business opportunity after all.
Compensation Plan
A leap into the Stepium’s compensation plan uncovers very interesting details. To begin with, Stepium affiliate recruits are required to award their recruiters some ethereum (ETH) before they can start earning commissions from other new recruits that are subsequently going to join the funnel. The payments between members are in the form of gifts, of which Stepium calls “contracts.” In this regard, Contract 1 begins at 0.06 ETH while Contract 6 can reach a figure of up to 155.01ETH. Stepium also incorporates residual commissions, which are paid to users via a matrix system.
Apparently, affiliate recruits can profit down to 16 positions within their down-line recruitment. Therefore, the more “contracts” you are involved with and are able to convince to recruit others the more money you will make. Members can also earn commissions on referrals, with an ROI accumulated by investing ETH into the company.
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What Does It Cost to Join Stepium?
Joining Stepium requires contracts to part with 0.06 ETH as a minimum gift payment. Note that this is only a minimum, and you will need up to 94.2ETH to boost your earning potential.
Is Stepium Product a Scam?
If you’ve heard rumors that it is a scam then it probably is, but after this review, you will be able to confirm the rumors. To be honest, Stepium cannot really be categorized as a scam, but there are a few things you should keep an eye on if you want to become successful in the online marketing business.
Conclusion and Verdict
As you have seen, one of the most questionable things about Stepium is that they are lying about their location, and one may wonder why they have to go to this extent if they really have nothing to hide. A legit company would never do this. Therefore, you could be involved in some scheme or scam. Similarly, the “mining contracts” on offer just gift payments enjoyed among affiliates, and this makes it look more like a cash-gifting scheme than an online marketing business. Cash-gifting schemes are designed to make participants lose in the long-run, and there is a high chance that early adopters are likely to benefit because they emerge on top while the laggers will most likely lose. The smart decision would be to hold on to your money until a better investment opportunity comes up.
Before you leave
If you’re tired of fraudsters and want a legitimate way of making money check out my no.1 recommendation.
It’s helped me earn over $300,000 in the last 12 months alone:
Go here to see my no.1 recommendation for making money online
(This is a 100% free training)
Mark Charles is the founder of NoBSIMReviews and has been making a 6-figure income online for over 10 years.
After reviewing 1000’s of programs, he knows what works and what doesn’t: