December 13, 2020 by Brian Priest Welcome To My RunSage Review. Is it a Legit Smart Contract MLM? Or Or is it a Huge Scam? Let’s Find Oit! 🙂
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Hello everyone and welcome to my RunSage Review. There has bee quite a bit of talk about the RunSage company lately, So I decided to dig in deeper and see what all the chatter is about.
As a matter of fact you may have been approached by someone about their investment or business opportunity. And you came here to see if it is legit. So we are going to go through the company, the products and the compensation plan. And then you be able to make an informed decision about your future with the RunSage company.
Note: Everything I’m going to tell you in this review is from some pretty in depth research. And as far as I can tell as of this Morning I think the RunSage company has pulled a fast one. But don’t worry. I found out where they went and what they are up to. And I’m going to give you all the information that I have gathered between todays RunSage Review. And tomorrow’s Review as well
So stay with me until the end and pay close attention as we go through this RunSage Review.
And make sure to catch tomorrows post to find out the next twist in the RunSage Company plan. You don’t want to miss it.
What Is RunSage?
The RunSage company is a Cryptocurrency Network Marketing/MLM company that falls into the cryptocurrency MLM cycler niche. In which you can become an affiliate by investing cryptocurrency. And then can earn money by recruiting people and building a downline team with your affiliate link.
In addition to that the bigger you build your team, the more money you will earn here. And the RunSage company compensation built on tiny Matrixes and once you fill your matrix, you will earn cryptocurrency commissions that are paid out directly to your crypto wallet.
Also this is what the RunSage company has to say about themselves om their website:
“Runsage – crowdfunding international platform of new generation and the first ever smart contract with the marketing of type “Matrix” in the of Dollar cryptocurrency. It samovolnoy a software algorithm performing the function of a distribution of the affiliate commissions between community members and the observance of certain conditions (the marketing plan).“
However just to be clear, true crowdfunding doesn’t have a compensation plan built into it…
So let’s dig right in and look at the RunSage Company inside of our review.
Hey though before we start…
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Now let’s get started and see what we can dig up in our RunSage review.
RunSage Review -(The Company)
One of the first things that I noticed when I went to the RunSage company website is that they don’t have any information on who owns or runs the company. In addition to that they have no company address or contact information either. However there is an email address for support.
This is always a big red flag for me. Because I don’t like to do business with people I don’t know. Or with people I can’t find or get in touch with.
In addition to that in the RunSgae Company’s FAQ section of their website they question, “Who Manages The Platform?”. Is answered with this statement:
“Platform Runsage does not have a Manager. There are the creators of the Smart contract who works in the Dollar. This means that the platform is fully decentralized (i.e. it has no leaders or admins”
And we know that’s is a flat out lie. Because someone bought the domain name, the hosting, and created the website. There is someone that owns the RunSage company and who is running the scheme, I mean scam, show.. I mean show.
And this is very similar to another company called ForSage that said the exact same thing. And when they got sued by the SEC, they put the admin out on “Front St”.
So like we said, there is someone somewhere running thing at the RunSage company.
In addition to that I looked up the RunSage company website domain “runsage.run” and discovered that is was privately registered on August 25, 2020. Which was not quite 4 moths ago. However the registrar information does say that the registrant mailing address is in Goa, IN.
Ok now that we have that covered let’s keep moving and see what the RunSage Company has to offer customers and affiliates for products.
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Ok now let’s move on. That was awesome wasn’t it!
RunSage Review – (The Products)
So the RunSage company doesn’t have any retail products for affiliate to purchase or offer customers for retail sales. Heck they don’t even have anything to offer at wholesale. LOL! But we kind of figured that one out on our own huh?
So the only thing a person can do is to become an affiliate and invest in the company and promote the affiliate membership.
I would like to let everyone know just incase some folks may not be away. But for a company to legally be a legitimate MLM. The company must have retail products or services, and must focus on and have more retail sales than affiliate sales.
And the RunSage Company doesn’t come anywhere close.
Alrighty then, let’s keep pushing along with our RunSage Review and see what the company offers it’s affiliates for a compensation plan inside of our RunSage Review,
RunSage Review – (The Compensation Plan)
The RunSage company compensation plan structure is run using what are known as “Smart Contracts”. Which is just another way of saying they are typical traditional MLM matrix cyclers of the past that were very popular in their day. However they now call them “Smart Contracts” because the commissions and tracking are tied into the cryptocurrency blockchain.
The RunSage company uses a 3×1 matrix and a 6×1 matrix together. And all a person needs to do to get going with the RunSage company is to invest $6 worth of Cryptocurrency. And that will you get placed in the R3 (3×1) aas well as the Single Leg (6×1).
RunSage Affiliate Commissions
There are a total of 12 tiers in the RunSage Company compensation plan. And you have to fill all 3 positions on each tier in order to “cycle” a commission that will go to your crypto wallet. In addition to that for you to be able to join each matrix tier you will have to to purchase the first position on each tier.
One common practice is that people use their commissions from the previous matrix tiers to buy a position in the next higher-paying tier. But if you want to you can purchase all or some of the matrix tiers ahead of time.
The RunSage company tier payouts basically double as you progress through the tiers. The first tier payout is $6, the second tier payout is $12, and each tier doubles that way until you get to the 12th tier in which the payout is $12,2888.
Here is a simple scale breakdown below:
- 1st Tier = $6
- 2nd Tier = $12
- 3rd Tier = $24
- 4th Tier = $48
- 5th Tier = $96
- 6th Tier = $192
- 7th Tier = $384
- 8th Tier = $768
- 9th Tier = $1,536
- 10th Tier = $3,072
- 11th Tier = $6,144
- 12th Tier = $12,288
Now it’s also good to note that each tier requires the same amount to join that the matrix tier pays out. Which brings the total cost to qualify for all 12 tiers to $24,564.
And By The Way..
So let me get this straight. You Have to invest the exact amount that that you will receive for completing all 12 tiers.
What’s the friggin point? Believe me. I’ve been trough a bunch and still keep coming up with the same answer. These people crazy.
Anyways, lets move on up and see what it costs to join the RunSage Company as an affiliate.
RunSage Review – (The Cost To Join)
To join the RunSage Company affiliate membership progran is actually free. However if you want to take advantage of the passive income opportunity, you are going to have to invest at least $6 in cryptocurrency.
In addition to that you also have the ability to join more than 1 matrix tier when you get started. And if you do decide you want to join all 12 matrix tiers, you will have to invest $24,564 in cryptocurrency.
Alright now comes the part you’ve been waiting for. So stat with more just a few more minutes pay close attention.
Because here are…
My Final Thoughts
So is there some scam going on behind the scenes at the RunSage company. Well let’s look at the information we have collected and see what the evidence tells us.
First of all we can’t find any information on the company website or anywhere else as to who owns or runs the company. And that’s a huge red flag. and to be honest about 99.9% of the time that’s enough for me to back out. But let’s see what elase we have.
In addition to that we have a privately registered domain. As well as no company address or location.
Then We have no retail products or services. So the only money coming into the company is investments from new affiliates.
Which makes this a ponzi scheme.
And in addition to that. you’re only breaking even. If you even get anything back. I’m just saying.
Yeah i’d have to say something besides honest dealings are happening at the RunSage company.
I think it’s a scam waiting to happen. Or did it already happen.
Remember earlier I said I had dug something very interesting. Well tomorrows post will bring that into the light.
So be sure to come back tomorrow for the exciting news!!
Thanks for stopping by and I hope you enjoyed my RunSage Review and if you have any questions or comments, please feel free to comments section below. And i will get back to as soon as I am able.
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Brian Priest.
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