Is Mint Builder A SCAM? I appreciate that you took your time to check out my review.
Is there any possibility that you can make a living with this MLM?
Or is it another scam that wants to run away with your hard-earned money?
I’ll do everything possible to ensure that I review the company to know all that.
This platform claims they can pay you to find people to register for the paid memberships and sell precious metals.
But on the same note, I need to point out that I’m not affiliated with the company nor am I trying to push you into joining the company.
Instead, I’m going to offer you my genuine review of the product, and at the end of it all, you’ll be able to decide on your own.
I know some people treat this program legit, while some consider this as a scam.
I’ll not stand on either side.
I’ll give all my proof for any claim I make, and after which, you’ll be in a better position to make the appropriate decision.
I hope you’ll read this review to the end because I’ll also offer you an alternative Way of Making Money Online without spending a fortune.
So, are you ready for us to hit the road?
Let’s get going…
Summary of Mint Builder Review
Name of the Product: Mint Builder
Type of the Product: Bullion & Coin Mint MLM
Founder: Matt Markes
Cost: Comes with different investment packages
Recommended for: Not Recommended for anyone!
The platform offers you a chance to sell precious metals – but only if you’re a paid member, and you can sell it to people who have interest, and out of it, you’ll earn a commission from the sale.
Again, you can create a team of promoters and get compensated after a person upgrade to the paid level, and also when individuals you share the team bring others on board.
In my honest opinion, most individuals using Mint Builder get their funds on the same business model.
For that reason, this program is only ideal for people who are good at creating a team and teaching people how to do business.
If you’re cherishing to make money online and wish to make your presence online, I know that there are simple and easier ways you can get started without spending all of your hard-earned money.
Mint Builder Explained
To start with, Mint Builder is essentially a multi-level marketing platform that claims to sell mint coins.
In the past, the company was known as International Silver Network (ISN)
The product section featured in it has mainly been coined as the mains.
Several Multi-Level Marketing companies present are involved in selling varied packages, goods, and products that are pricier than what you’ll pay in any other place.
But, this program emphasized the idea that it deals with comes with very competitive prices.
As I noticed on their FAQ, they sell their major precious metals at a retail price.
If you purchase wholesale, your pay price will come down significantly.
And that is the work of Mint Builder.
It checks the entire World’s prices and sells these units using a wholesale price.
The platform is mostly interested in the silver and gold industry.
Also, the platform claims that after you buy the collectible coins and bullion, you may start making some money over time.
Aside from that, it comes with different membership plans and a free membership option that implies that you do not have to participate in this kind of business opportunity.
Further, Mint Builder is concerned with numismatic marketing assets and semi-numismatic assets.
Many products presented on this platform are coins, even though you can find exotic items.
So, if a Level one affiliate brings in a new affiliate, they’ll be placed on the second level of the initial Unilevel team of the affiliate.
Again, in case a level two affiliate brings on board another new affiliate, they’ll be placed on the third level and so on.
Who is behind Mint Builder?
As per the information I came across on the web, Matt Barkes – the founder, began trading gold and silver assets in 1997 before establishing ISN coins.
And Matt Barkes is believed to have started this online venture a long time before.
In 2012, he launched his initial ISN coins platform, but two years later, it closed down; however, the site is still up and running, and now it markets Mint Builder.
The two business platforms are similar; however, most products presented on Mint Builder in many ways outdo what the ISN coin platform sold.
Here is the mission that Matt has on his website:
That is not the end; suppose you’re looking for additional information as to who Matt Barkes is and the type of business he is involved in; I have shared the below video with you:
After you know information about the founder of this program, let, now get to answer the big question.
After I have answered this question, I’m sure you’ll be ready to make your decision.
But if you need to start an affiliate marketing business, you should remember that you’re not alone.
Check out another alternative to making money online.
Is Mint Builder a SCAM?
Mint Builder isn’t a scam.
But the program is a lookalike of ISN – a company that was earlier shut down because it was a Pyramid Scheme.
As such, it was later closed because of the fishy operations.
Sustaining such a business model can be an arduous task since the compensation plan is more focused on awarding its members for improving their chain by inviting others into the platform.
As per the Federal Trade Commission (FTC), Multi-Level Marketing platforms that acquire their money from onboard paid clients are always pyramid schemes.
And to know whether Mint Builder is or not a pyramid scheme is not easy.
The way I see things, many people who get any income from this program are serious promoters with a decent team that works together with a single goal in mind.
And what seems controversial is the fact that it requires people to keep signing up for its survival.
For that reason, I conclude that this organization will close down like its predecessor.
If you’re not interested in that form of business model, then I can assure you that you’ll not make any significant income because you’ll need to have a devoted and motivated team.
Are you still wondering if this program is a pyramid scheme or not?
Here is a short video that will keep you in check:
How do you make money with Mint Builder?
Mint Builder offers you two options to make money from this platform:
- A retail commission is generated from the sales.
- Recruitment commissions that come from the building team.
The compensation plan of Mint Builder
The compensation plan of Mint Builder is a combination of recruitment commissions and retail commissions; however, the recruitment commissions are often given much priority as compared to retail.
Here, you’ll be able to earn 10% of the total fees your recruiter paid.
Here, you’ll earn 1% of the bullion bought by customers.
Mint Builder uses a residual commission method that follows what is referred to as a Unilevel compensation method.
Such structure puts you in the upper place of the team.
Then your direct recruit is put under you, and this is what you’ll hear being said as your level one recruit.
And then your level one’s recruits are put under them to become the third level recruits.
And the chain continues to infinity.
At level 5, Mint Builder gets rid of the structure.
And thus, pays you upwards of 50% of the recruitment and retail commissions you earned by all the members at this level.
Having that said, let’s now go back to a special area you don’t want to miss.
This is where we’ll spill beans about platforms that may end up wasting both your time and resources.
The Truth Unmasked about Mint Builder
It doesn’t offer an Income Disclosure Statement
I’m sure that anybody around Barkes and the team is getting help here.
And this has been demonstrated by the fact that the organization doesn’t show its income disclosure document.
That shows that they have limited access to documents showing that their members earn real money from the platform.
And also shows that their earnings could also be questionable, and at some point, it could be discouraging for other people to join.
I’ll be straight here.
Mint Builder is majorly focused on recruitment.
And because you’re being offered a 1% commission for selling a product isn’t encouraging for many people.
But on the contrary, the platform encourages you to recruit members to earn highly.
This should be the first red flag for someone who is very watchful.
I’m not into the idea that Multi-Level Marketing companies task members to buy services or products every month.
This ends up reaching a level that is uncontrollable as the cost for each month surpasses the profits.
And as such, you lose money, in the end, the more you have the products.
The Cost of Mint Builder
As I earlier pointed out, Mint Builder features different membership options, and I break them down below:
Basic Membership: $39/month
Silver Piece: $47/month
Platinum Gram: $85/month
Around the World: $97/month
Gold Gram Bundle: $97/month
Bullion & Numismatic Bundle: $127/month
The Select Few Bundles: $177/month
Global Elite Bundle: $497/month
That said, let’s now see if I can get anything that I like/I don’t like about this program.
Pros and Cons
What I like about Mint Builder
- If you opt to market this platform and leverage the Multi-Level Marketing (MLM) point of view, you stand a chance of making a good income.
What I don’t like about Mint Builder
The platform is mainly focused on getting people into it: And the commission of every sale is 1% that, which is very limited as opposed to other options offered for earning money.
Most people who join this platform will start by ensuring they get people to it to increase their revenue.
You’ll need to be a paying member to play: For you to unlock any earnings in this program is to be a paying member.
You’ll have to spend some colossal amount of money every month on services and products to ensure your Membership stays active.
Breaking into MLM is not an easy task: Keep in mind that this business model needs extensive marketing, sales, and persuasion, and all of this should be at your fingertips to be in a good position to teach others.
And such a process is not easy for everyone; therefore, making money will not be easy with such a business model.
After looking into the good and bad sides of the program, you can now decide by yourself whether this platform is perfect for you to make money.
While you make money, ensure that you are not putting all your investment in one basket.
Because, in a situation where things go south, you’ll not worry because you didn’t invest everything in one place.
So, now that I’m almost coming to the end of this review, do I have some alternatives that I’ll suggest for you?
My #1 Recommendation
Yes, I’ve got some ways to still make money online without having to go to a step where you sell expensive items online.
I didn’t like that Mint Builder forces you to buy some services and products every month to make your account active.
Because in such a scenario, you’ve found yourself shelling more from your pocket rather than making a profit.
In my opinion, Multi-Level Marketing is certainly one of the difficult ways of beginning an online venture because you pay a high entry fee.
Unlike affiliate marketing, you’ll face a rough time trying to convince people to sign up and subscribe to the platform.
So, if you’re passionate about a particular niche and you need to start an online business as an affiliate marketer, I have you covered.
I have experience with affiliate marketing, and the facts speak for themselves.
To cut a long story short, find out how you can start earning money online by checking out the link below;