MMO Cashout Review: MMO theme recruiting scheme
There is no information on the MMO Cashout website indicating who owns or runs the business. The company does have an “About” page, however only the following vague marketing copy is provided:
MMOCashout is the brainchild of Las Vegas, NV-based Peak Venture Group Inc, featuring an extraordinary executive and management team with extensive experience in network marketing, the gaming industry, information technology, sales, and operations.
Note that there is a Peak Venture Group using the website “peakventure.org”, however this does not appear to be the same Peak Venture Group behind MMO Cashout.
On the Peak Venture Group website, they state that
Peak Venture Group was founded in 2000. We are registered with US Internal Revenue Service (IRS) as a 501(c)(3), focusing on education to the benefit of the entrepreneurial community in the Colorado Springs region. We are also registered with the Colorado Secretary of State as a non-profit.
The MMO Cashout Peak Venture Group Inc. however doesn’t appear to have a web presence. Corporation Wiki lists an entry for them in Nevada, registered as a corporation in September 2012. A David B. Tiffany and Steven M. Tiffany are listed as the group’s Director and President respectfully.
David Tiffany’s name pops up as the owner of the MMO Cashout website domain (“mmocashout.com”). Peak Venture Group also features in the listing, with a provided corporate address of “somewhere street” in Nevada.
Whilst David Tiffany and presumably the rest of Peak Venture Group’s executive management are behind MMO Cashout, the exact nature of the company’s corporate structure is currently unknown.
I did try to research any MLM history for either Peak Venture Group Inc. or David Tiffany, but didn’t turn up anything. Presumably MMO Cashout is the group’s first MLM venture on the executive side of things.
Read on for a full review of the MMO Cashout MLM business opportunity.
The MMO Cashout Product Line
Affiliate membership to MMO Cashout provides access to an online gaming e-commerce platform. Called “MMO BuyIt”. The idea behind MMO BuyIt is that affiliates can list items from online games in replicated storefronts.
If you are a Video Gamer, you get to buy and sell items of your liking in our online store – powerful swords, valuable items, rare game merchandise, gold… you name it.
The MMO Cashout Compensation Plan
The MMO Cashout compensation plan includes replicated storefront commissions and both direct and residual affiliate recruitment commissions. Top tier paying affiliates also qualify for a share in a bonus pool and advertising revenue.
MMO BuyIt Commissions
MMO BuyIt hasn’t actually launched yet so details on the exact commission structure are sketchy. The MMO Cashout website mentions direct “percentage-share” commissions on virtual items sold through an affiliate’s replicated MMO BuyIt store.
Presumably MMO Cashout affiliates will list items in their stores and then earn a cut of the sale price as a commission.
Recruitment Commissions
MMO Cashout affiliates are paid commissions on the recruitment of new affiliates. How much of a commission is paid out depends on how much the recruited affiliate elects to pay in monthly affiliate membership fees:
- Peasant – $2 per month
- Squire – $10 per month
- Royal – $20 per month
Matrix Commissions
Recruitment commissions in MMO Cashout are paid out using a matrix compensation structure. The exact nature of the matrix is not specified, but it appears to be a 2 by something.
What is known is that affiliates must recruit new affiliates in order to get paid.
In order to qualify for the first 62 of yourkingdom, one has to invite just 2 Kindred’s to join MMOCashout (save for the free account).
The next 2046 will then be open once you have invited a third Kindred to join your Kingdom in MMOCashout. Adding fourth kindred would open 65,534.
To get the full 2,097,150, and get the most benefits, invite an additional 3 Kindred’s more. You will need in total of 7 personally invites or what we call Kindred in your Kingdom in order to get the full benefits in the unique and powerful kingdom of MMO Cashout.
MMO Cashout have swapped out traditional MLM terminology for MMO gaming themed terminology, but the basic idea is that you sign up as an affiliate and then recruit other paid affiliates to qualify for commissions.
Matrix commissions are paid out according to how much an affiliate themselves pays for membership, and how much is paid by recruited affiliates in their matrix:
- Peasant ($10 a month) – 25 cents per Peasant, Squire or Royal
- Squire ($50 a month) – 35 cents per Peasant and $1 per Squire or Royal
- Royal ($99 a month) – 40 cents per Peasant, $1.50 per Squire and $3.50 per Royal
Bonus Pool and Advertising Revenue
No specifics are provided but Squire affiliates qualify for ‘a % share for items sold on MMO BuyIt‘. This would appear to be some sort of bonus pool with revenue generated via the sale of items through MMO BuyIt replicated storefronts.
In addition to the above, Royal affiliates also qualify for a share of MMO Cashout’s advertising revenues. Again, at the time of publication no further specific information was provided.
Joining MMO Cashout
Affiliate membership in MMO Cashout is available in four options:
- Squatter – free (no recruitment or matrix commissions)
- Peasant – $10 a month
- Squire – $50 a month
- Royal – $99 a month
Conclusion
MMOCashout is a revolutionary income opportunity for not only video gaming enthusiasts, but for non-gaming network marketing professionals as well.
Despite the gaming terminology used, MMO Cashout can be boiled down into a simple affiliate storefront bundled with your basic recruitment driven pyramid scheme.
The MMO BuyIt side of the business model is perfectly fine. Affiliate list items they’ve acquired or purchased in various online games, and then sell said items to buyers (who can be other MMO Cashout affiliates or retail customers).
The only issue I can see with that is certain gaming companies objecting to items and various other virtual properties being traded for cash (some gaming companies claim intellectual property rights over all ingame content).
Major red flags exist in the matrix and recruitment commissions, with the latter serving as the most basic of recruitment driven pyramid schemes. Affiliates by in for either $10, $50 or $100 a month and are then directly compensated based on how many paid affiliates they recruit.
Commissions are monthly and paid out as long as the affiliate receiving the commission and the affiliate whose fees the commission is being paid from, both continue to pay their monthly MMO Cashout affiliate fees.
The matrix also requires affiliate recruitment in order to generate commissions, but unlike the direct recruitment commissions they can be generated either via direct or indirect recruitment (the recruitment efforts of an affiliate’s up and downlines).
Given all of this, I’d predict it’s highly unlikely that any significant revenue is going to be generated via MMO BuyIt, with the bulk of revenue and subsequently commissions being generated and paid out of affiliate membership fees.
Once the recruitment of new affiliates slows down, those at the bottom of the scheme will stop paying their monthly membership fees. This results in those affiliates above them not receiving commissions, so they too stop paying their monthly fees. Eventually this trickles up all the way to the top of the scheme, which then triggers a pyramid scheme collapse.
Of note is that in his marketing campaign, affiliate Jamie Strickland (“dopplermkt”), is claiming that MLM attorney Kevin Thompson has “vetted” the MMO Cashout opportunity:
MMO CASHOUT AND THE ENTIRE MMO COMMUNITY HAS BEEN VETTED BY ONE OF THE WORLDS TOP MLM ATTORNEYS KEVIN THOMPSON!!!
Kevin has confirmed that we are 100% compliant, legal, and our company will last long term, stable, and keep on growing!!!
In fact, Kevin even helped to write the TERMS and CONDITIONS for MMOCO and Buy IT and the rest.
Given MMO Cashout’s business model and compensation plan, I found their claims somewhat surprising. I’ve approached Thompson for comment on MMO Cashout affiliate claims and will update when I hear back.
Update 3rd February 2014 – Here’s Kevin Thompson’s response to MMO Cashout affiliates using his name to market the scheme:
I never endorse any of my client’s companies. Clients are informed of this when they retain me.
MMO Cashout is a client of Thompson’s but the endorsement is pure fiction.
This won’t last.
MMO objects are technically property of the MMO’s themselves, and outside marketplaces are technically against the EULA in most cases.
Diablo 3 tried to bring the auction in-house, and it basically ruined the game, according to players. Other MMOs do have items, but they also have “farmers” in Asia where players just do the mundane stuff all day (generally controlling bots who do so) and then sell the gold in real-world.
There are already established exchanges for the items. There’s no margin to support Matrix-style payouts. I personally see no future in this field, nor the profit margin to support it, EVEN IF IT IS 100% LEGAL.
Well, so long as affiliates pay $100 a month there’s revenue… right?
Oh yeah… 100% legal. Damn compliance.
Ruhroh. Looks like MMO BuyIt has some sort of auction style setup going on. Paid affiliates can “receive a % share on bids sold”.
One would hope this isn’t a revenue-share Zeek Rewards penny auction platform. Coupled with $10, $50 and $99 affiliate memebership options it’d be dejavu with a fantasy MMO theme.
The matrix is apparently 2×20, with over 2 million positions to fill.
Who the **** would pay $99 a month when MMOs nowadays are generally free?
@Kasey
There’s no MMO game attached to MMO Cashout, just the marketplace. The $99 is an affiliate fee only and qualifies one for recruitment commissions (free members get access to the marketplace).
Review updated with Kevin Thompson’s response.
Given that selling ingame items for money is against the EULA (as far as I know) of most games, I can’t see this taking off.
To me it just really sounds like your standard dubious pyramid scheme that will eventually crumble along with most of everyone’s money.
However, I might be wrong, since I don’t have much knowledge about these kinds of things at all. Just thought I’d comment because some people I know tried to get me to join in.
What you missed is that MMO is mainly a gaming site. Gamers pay $10 a month for unlimited play on the site. When they tell their friends about it, which gamers tend to do, then they start making money even without doing anything else. People do not have to be affiliates to make money, all gamers who tell 2 friends (or more) will automatically make money.
The BuyIt site is the smallest part of this program. It is the money generated by the gamers playing games that allows everybody to earn. Gaming is a 20.77 billion dollar a year business, and MMO is allowing gamers to play there with no limits — and gamers and affiliates all earn money from it. I’ve already signed up 30 affiliates, it’s been easy, and now I’m going to advertise to gamers.
MMO’s goal is to have 1 million gamers playing on the site by the end of the year, and I believe they will do it. And that will generate a hell of a lot of money for everybody. Don’t overlook this amazing opportunity — I wish I could give you my link! 🙂
$10 is the peasant level is it not? It’s part of the MLM compensation plan and most definitely qualifies payees as affiliates.
You yourself admit that affiliates earn via recruitment, which in MLM makes it a pyramid scheme (as analyzed in the review).
You can pretend this is about “gamers” all you want, the reality is it’s just a straight up $10, $50 and $99 tiered pyramid scheme.
(and what exactly are people going to “play” on the MMO Cashout site itself?)
Oz is right on the spot IMO.
There’s no clear defined product besides the buyit site, and that doesn’t seem a viable option as selling ingame items through anything external to the game for money is in direct violation of the EULA in basically every game I know.
Apart from buy it and its already sketchy goal, the money seems to come mainly from investors down the pyramid and travel up the pyramid. When subscriptions slow down and eventually halt, there’s no money to pay anyone, and the pyramid collapses, along with the company.
Without a defined and solid product, this seems like a pyramid to me, definitely.
If your analysis is correct and “MMO Cashout can be boiled down into a simple affiliate storefront bundled with your basic recruitment driven pyramid scheme” then it escapes me how “ONE OF THE WORLDS TOP MLM ATTORNEYS,” could at the same time confirm “that the program is “100% compliant, legal, and . . . will last long term….”
I rather doubt Kevin ever said anything of the kind but his response that “I never endorse any of my client’s companies” is disappointing because even though I believe him his answer skirts the issue, the question of whether or not Kevin Thompson’s legal opinions are being truthfully represented by his client, MMO Cashout and its agents.
The working man/investor is entitled to a direct and unambiguous answer to that question.
Of course no one can force an answer, but should such marketing tactics continue unchecked would we not be justified in asking why?
Problem here is we’re playing the game of “telephone”. What KT told MMO Cashout may not be what MMO Cachout told everybody else. This may be intentional… or unintentional. Maybe MMO Cashout just heard what they WANTED TO HEAR.
Theoretical example:
KT: Well, I’ve looked over your comp plan and I don’t see anything outright illegal. Though there’s a few things that I may be concerned about…
MC: Woot! Jackpot! KT says we’re 100% legal!
Nothing dictates that an attorney must respond to every cornball statement that overzealous promoters make, but here silence serves the designs of Kevin’s client while possibly permitting a grave disservice to the public at large.
In the case of WCM777, Siemens addressed representations connected to their name by emphatically explaining that, “These representations are false.”
Siemens did not have to do that, but by going on record they informed the investing public of the truth and in the process maintained, and indeed enhanced their own good reputation.
Oz, If you ok this I’m going to put up some links from the group I’m in, (haven’t been kicked out of yet) and some of the stuff in gamer lingo. I don’t understand it, but their launch on Friday failed miserably and pissed a bunch of people off. That in itself was hilarious.
Here’s a little snippet……………..(Ozedit: link removed, appears to be a private group). Hope I pasted the right stuff!!!!!!!!
I don’t mind the link but it appears to be a closed Facegroup group (private), ie. broken link for the rest of us.
OOOPS, just saw your response. That second one might be the same.
The second one was just an affiliate capture page. Avoid posting those or we’ll get flooded with recruitment spam :).
O.K. sorry.
This one guy I friended got into it on their closed group that I posted the link about. The one guy is a “gamer” and said it was launched in “beta” which I have no idea what that means.
He also brought up a few gamer rules that say you can’t sell stuff to the public from their page. The “buyit” part of their scheme is illegal in gaming sites, so it ends up there is no retail whatsoever affiliated with this. In the gaming world they won’t allow it.
By the way, thanks for the review OZ. I’ve been following this for 2 days before their “launch” till now, and it’s amazing all the suckers who fall for the HYPE!!
None of this makes any sense to me, since I’m not in the scheme. Anyone have the time to break this jibberish down?
As always, OZ, if not helpful please remove it!!!!!!
Is mmocashmachine.com an affiliate page for MMOCashout? Their FB page has the same logo.
iWowWe, Pyxism, TelexFREE, BBOM, Rippln, WCM777 (Kingdom777)… Why is it that “MLM” companies always choose the crappiest names?
It inadvertently makes it easier for me to label them as scams.
Or it might fail miserably, because of the differences in culture. Gamers are generally not very eager to support recruitment driven income opportunities, they will rather throw stones at them. If you can’t get gamers interested, it will most likely fail.
Pre-launch in February, launch in May? That’s 3 months where only income opportunity seekers will be joining and paying for positions, paying for the right to earn recruitment commissions. They will typically be non-gamers.
How do they expect to attract gamers to an income opportunity FILLED with “parasites”?
Yeah, where they play with your money. 😉
I may be totally wrong about this, but I think it has a lot to do with their target audience. They’re not looking for rich investors who know all about investments and who would easily spot a ponzi or pyramid scheme, they’re looking for the Joe Six-pack types who want to get rich quick and aren’t too savvy on investments.
So they pick ridiculous, “fun” names in order to excite the imaginations of the rubes and get them to want to invest their hard-earned money. Plus they want to make it sound like making money is easy, uncomplicated, and fun, so they use names like “iWowWe” and not “Mutual of New York,” for instance.
BTW, isn’t iWowWe the most stupid, ridiculous name of any company ever? I mean who in their right mind would even seriously think about investing money with a company with a name like that?
I think it started with Yahoo, gained momentum with Google and we now find ourselves in the era of iWowWe. Still its better than Backrub (Googles original name)
I managed to get kicked out of Q W A l and unfriended by 6 people today, kinda f’ed that up, wanted an inside view of this. O well more info here than there anyway.
@Dan
That video names Charles Andrade as the MMO Cashout admin/owner. Can a MMO Cashout affiliate confirm this?
He was doing a live thing the other night on youtube, he was the main guy in it. who is he?
Google:
to discover more than you ever wanted to know about his history in get-rich-quick schemes.
Diablo 3 was a disaster period. The auction house was gasoline on the fire.
I have been contacted by an “affiliate” of this “company” and was interested in joining because of a craigslist ad.
I decided to look into the company presented in his emails. Which were labeled GamerLife, Gamer’s Nest, etc… He kept saying everything that hasn’t already been said here…It’s only $10, blah blah blah…Beta, blah blah blah…tournaments, blah blah blah, auction site. As a gamer I know what all of these are, and was interested in the formation of a site were people could do these things (knowing deep down that video game companies don’t like people sharing their pie made of billions).
Now their “site” has launched, and its similar to all other “sites” this guy had. Non-working links, little real information, and now suddenly all these open matrix plans that are known to be MLM scams.
The MLM model obviously works, but their product can’t. They’ve been at this awhile, I’m ultimately thinking their “product” will continue to be these Alpha, Beta, Soft Launch, Launch Under Construction, Site temporarily down, Were upgrading to better Site!! rinse and repeat deals where the constantly try to bring in new affiliates.
Where they keep the “Royals” and “Squires” coming back (because as everyone knows in MLM the $10 lowest levels will come and go and feed uppers until the jig is up.) is in the promise of a new “exchange/auction house/marketplace/gamestore”.
You can buy “anything” on here from consoles, used games, accessories, IN-GAME content, etc.. They want to become an online supermarket for video game content that you can get anywhere in a retail store or IN-GAME through playing games or also purchasing in-game content then re-selling through their store.
This really isn’t that bad an idea, and it’s that “dream” that makes this MLM so enticing. But, it’s just like Quixstar. Get people to join and do all this “gaming” under you, and have them pay and use this great “site”. A site that doesn’t even work.
(Ozedit: referral link removed)
They promise to already have games under contract that will use their site to promote these transactions, which we already know won’t work.
Their Site was promoting how many members it had, 5,000 in first 36 hours!!!! then only 3,000 more in the days to follow. Then they pulled the member counter from their site today. Expect a new site soon with all these great announcements and irrelevant gaming news posted by someone with a link that doesn’t work.
Driving people to these type of sites should form some sort of advertising revenue that the royals and founders are “entitled” to. Good Luck with that.
affiliate also said that his “team” was employing a 100×100 Matrix and of course it was based all on getting new people in and signed up for $10
Oh yeah, I just got an email saying I was accepted to the XBOX360 beta for Warface, a new game from Crytek.
And it had nothing to do with this fake company, HAHAHAH.
They’re trying to sell dreams to PC players only. There is no way they will break into the console market. Which is BY FAR the biggest chunk of that pie they’re serving.
Uh, you can’t “employ” a matrix larger than what the company offers you. MMO Cashout is using a 2×20 matrix, so this affiliate is either making stuff up (because they themselves don’t understand the comp plan) or just being intentionally deceptive.
This may have turned into a scam. I requested a withdrawal almost a week ago and it is still pending. No communication from the admin.
There is no “MAY” about it.
Unless, of course, you are using the get-rich-quickers’ definition where a program is not a “scam” until it stops paying.
-No, it`s one of mmo`s partners site. Real Peak Venture Group website is – pvgcorp.com and what they say – “We are venturing to the MMO gaming industry, we aim to provide a stage for development to our investors, stockholders and customers”
-he is one of employee and founder.
-well, i requested $100 too, and let`s see what`s happen.
i`m playing online games, and sometimes i even sell my accounts or ‘donate’ or some items like huge sniper riffle ect. and actually it gives me some income, so if they said that they are making an international trading platform for gamers like me, and if my friends and i will be able to sell our stuff to someone on the other side of planet for real money, and i hope for realy big money, so what the fuck?
I`m in, and i have $100 pending to payout already. My friend makes 1 to 3 thousands per month, upgrading and selling his game accounts. So this is the reason, if you playing, you spend your time, you spend money, you throw into dark hole your lifetime, but you do NOT earn with all that.
So you just waste your time for fun, that`s all. Why wouldn`t try this thing? When this platform will work 100% many of you`ll be saying ‘shit, i wish i`ve had joined at the start of this’!
(Ozedit: recruitment spam removed)
@Adam
The “fuck” as it were would be the recruitment commissions paid out. This reduces the MLM side of MMO Cashout to nothing more than a three-tiered pyramid scheme.
What if it never paid a penny? 🙂
HeHe,
That WOULD be unusual, even for a HYIP.
SOP is they make at least 2 payments to keep the members interested enough so they go out and recruit.
A victim deposits $100 and gets back 1% or a dollar a day for 50 days, thinks he / she is making a fortune and enrolls all of their friends, family and casual acquaintances before he / she realizes the scammer still has $50 of the $100 and there’s another 50 days before he / she even gets back the initial deposit, much less makes any profit.
In the meantime, you can sign up a lot of people in 50 days.
‘K. Chang: What if it never paid a penny?’
http://www.imageup.ru/img83/1657870/e-wallet.jpg
well, it pays for now.
Have you actually been paid??? Or is it still pending????
You do realize my answer is a joke aimed at LRM’s comment, yes?
According to his definition, it’s a scam if it STOPS paying, but if it never paid, it cannot “stop” paying, yes?
And now I’ve ruined the joke by explaining it, yes?
And now it hasnt paid still now???? I personally have been signed up by someone who has been paid well above their initial because of clever marketing… MLMisnt about gerting rich with no effort… if anythong, it takes a mixture of timing, great market knowledge/research and a whole lot of persistence to make a living off MLM….
the people who make no money are the skeptics who are too scared to do anything with their investments… I understand this site is somewhat dedicated to slandering MLM and ive probably opened a can on myself but meh…. the support I have around me and the people I am working with will make this well worth the squire level entry mark.
Neither are pyramid schemes, which doesn’t make them legal or any more likely to profit anyone low down the pyramid.
Let’s not confuse MLM with “endless chain recruiting schemes DISGUISED as MLM”
The people who defend random bull**** schemes with NO financial background and NO reputation, esp. those people can’t even tell what’s the difference between investment, business opportunity, or outright scam, are just full of hot air.
And name-calling, i.e. “too scared” just means you ran out of logic and had to resort to kindergarten dares. Grow up, man.
It`s already in my qiwi wallet, and there is more income in my ipayout wallet, my kingdom grows so fast…
if every one i already have in my downline will ever invite 2 people i`ll be earning $1500 monthly, doing nothing. well, i exited with this thing and hope that it will work long and succesfull.
So you know it’s a pyramid scheme. Cheers. How’s Mavrodi doing nowadays?
(Excuse any grammatical errors)
K. Chang, if you believe its a pyramid scheme or you think what ever negative, then do not be involved. Clearly you never spoken to the CEO of the company.
First, the person who designed this concept in 2009, past away. His friend Steve Tiffany has decided to take it over. This is why any one would see the gap.
Second, the pay out is a pyramid scheme like any other company out there in MLM from your Organo Gold to 5Linx. You could have the opportunity to assist and talk to the management about your concerns in the very beginning. This can only help the gaming community. This is the “FIRST IN MLM” so if it works, meaning, “Gamers are making money and having fun.” The more people are happy and living a dream.
Third, people have been paid, myself I have been paid over $1900 already (PROOF BELOW) and its all about positioning right now and helping admin through the kinks.
Fourth, its in beta phase or 3 months to get things right, the official launch is in June. So all this complaining about what you do not see or do see makes no sense. The buzz caught on faster then expected because PEOPLE LIKE THE IDEA. Not ever one will sit back and complain, nor will ever stay in the program, but that is how it works. People will hate or talk down on something till it proves right.
I never liked MLM ever and believe me I have made a killing online for the past 6 years. I will not say my name just to keep my personal feelings out of this because unlike most of the people on here, I really change peoples lives.
I like the fact that I can speak to the CEO and that the site is changing every day just as they have stated.
I check this post out a few weeks ago and just decided to post after a few weeks.
In 6 months from now, I will come back and give a update.
Maybe the site is not taking off as you propose?
Maybe gamers have not fully jump onboard and more gamers?
Maybe it exceeds expectations?
But for entry level of $10 and to get in the top 20,000 before millions jump in IS WORTH IT TO ME.
Here is proof of payment after 4 weeks
(Ozedit: recruitment spam removed, please do not publish it again)
Roger roger.
Roger roger.
“Positioning” yourself? Where, at the top of the pyramid on the hope that suckers join and drop $1900 after you?
Oh dear.
Ah yes… the pyramid scheme “beta”. Admin’s do this to gauge what the participation level will be. Too little and they cut and run, enough and they press on forward.
No doubt… for the worse.
That’s why you jumped in with $1900. Cmon man you even went all recruitment spam on us, the desperation is suffocating.
This is from the latest MMO Cashout affiliate communication:
What a complete and utter /facepalm.
“Please excuse our illegality guys, we’re in prelaunch yo!”
Bait their affiliates with a non-compliant business model during prelaunch, something something, TOTALLY LEGIT OPPORTUNITY AT LAUNCH!
Riiiiiiiiiight.
I been paid 120$ already, big gamers are joined and they will promote inside gamers too, “This is NOT for everyone” THAAATS RIGHT my friend it`s not for all to concern and look forward.
pipl mus have providence to see all abilities, and if ALL pipl had it there wouldn`t be first&rich and last&losers. First ones are earning with doing nothing and last ones working hard (playing games and trading items on buyit) to earn some couple bucks.
ORLY? Can you even provide one example of the gaming community at large paying any attention to MMO Cashout?
Not some stupid affiliate PR or blogpost, the actual gaming community.
Right. Get in and then take money from those who join after you.
Yeah, definitely “not for everyone”.
Hello everyone, this is a representative of MMOCashOut and our sister platform and services.
First off, yes we have built CashOut burrowing from the MLM peer-to-peer marketing structure of affiliates and commissioned payouts via “recruitment”. It’s a powerful baseline for community and member building and an opportunity for people to generate income off said efforts alone in itself.
CashOut is essentially the marketing arm of the company. We’ve crafted our own terminology for building a Kingdom and bringing in Kindred to settle Villages and you pay Taxes, etc to fit what we are doing and make it unique and fun. Instead of a backoffice we are visualizing it and making it interactive (almost game like). Kingdoms will be visual and your Village will have a Town Hall, Bank, School, Spread the Word (professional marketing suite) and most importantly a Marketplace that will link to BuyIt and more.
MMOBuyIt is NOT a place to sell in-game “MMO” items. It is an all-things-gaming marketplace for all platforms that will host everything from digital games and a developer API like Steam to game cards, free to plays, merchandise, peripherals and so forth. This will be separate from CashOut, bigger and stand on it’s own. People and players will be able to utilize BuyIt for FREE and earn commissions similar to an Amazon affiliate program.
MMOListIt is our player-to-player marketplace where players can sell gaming related goods and services of all kinds both tangible and in-game (when applicable). This will be integrated into BuyIt allowing for tracked transaction ratings and feedback for an honesty system. We are also doing a gamer related social media platform to incorporate as well; along with the profile features on BuyIt and ability to rate games and give reviews on games and products.
We are working on partnerships and a multitude of other ideas and features daily as we work towards our launch. Streamer and tuber support, media and press coverage at events and conventions, eSport team sponsorships, contest, giveaways and developing new perks and benefits for our members.
We also plan to host tournaments for cash and other prizes as well as ticketed tiered entries if the community would like it.
As far as our “pre-launch” is concerned: yes, we are not 100% compliant.. visit our sites and you’ll see static images and fillers as we program and improve everything. We have programmers working on every service and aspect. If your familiar with start-ups and the mechanics of acquiring merchant accounts and implementing all the working parts, you would see why there is more reason for this buffer period.
This pre-launch also allows for us to get feedback and incorporate new ideas.. as a developer would harness the community dialogue for the shaping of their game or product. We love the idea of our community feeling apart of the creation and also establishing themselves as Founders and early leaders. We are establishing perks for said “Founders” as well; much like beta-testers, early-access backers or crowdfunders are rewarded for their early support and involvement.
We have a lot of work to do to achieve our full vision of what this will become; and we’re bringing in people who see the potential and want to start earning from CashOut and be a part of our developing community.
As far as the gaming community that is involved or “paying attention to us”, we have a nice little variety that are and they’re a great help in development; but prior to launch we’d rather not have a ton of spotlight until we work out our kinks, services and the vision. (professional videos, resources and all our services need to be running smoothly before hand!)
We appreciate the notion of breaking down companies to distinguish legitimacy, there are indeed a lot of shady schemes out there; but we do ask you give us a fair investigation from here out:) if you have further questions and concerns, feel free to reach out to me or another (non-affiliate) company rep for a chat.
— or come see us at PAX East! We’ll be there!
pyramid scheme if that is indeed the case.
I didn’t even bother reading past this line.
What an in-depth analysis of our opportunity. Carry on.
Probably one of the few, if not the only one that actually focused on what’s important and ignored the marketing fluff.
You’re welcome.
Hello! Explain why you have blocked my pay of fee?
Two days ago I sent you a letter asking about the possibility of the payment of the fee, but you haven`t still answered me? Now I will forever lose my account??? What do I do now to improve this situation?
Please reply as soon as possible. Sincerely. Anatoliy
@Anatoliy
The best method is probably to look at STP’s help cathegories, if the problem is the payment from an outside account –> STP.
stpay.info
I’m not familiar with neither STP nor MMO Cashout. Here’s one example I found in one of the help cathegories:
We’re not a support site for MMO Cashout or any other program. But if a transaction has failed, you should probably look at STP’s support rather than MMO’s support?
STP’s support can be found at stp.info, “Help Cathegories” (link: https://stpay.info/ ). I copied one example from there into my previous post.
I can help you to interpret the original message:
“Pending payment” is probably about that you don’t have enough funds in the e-Wallet to pay for membership fee, probably because your own credit card transacion failed?
My suggestion:
1. Check your e-mail to see if an e-mail from STP has been blocked by a spam filter or something? Try to remove STP from that list of junk mail / spam.
2. Try a new payment if the first one failed? But don’t try many times, check your e-mail first. If you don’t find any e-mails from STP either, contact STP support.
It doesn’t take a rocket scientist to recognize that this a pyramid scheme. Stay away from MMO Cashout if you know what is good for you. Only the first few get money returns and for a limited period only, until the system gets saturated.
Those who do benefit, exploit latecomers with no hope of their own financial return. You will be doing something illegal and immoral if you benefit from this. And you will become their victim because the deck of cards will fall sooner or later.
Again: Please Be warned. STAY AWAY!
charles andrade is in tvg connect, I guess mmo cashed out as he is pushing this now.
That TVG program is an obvious scam preying on the religious people. Also, Ken Russo and David Sherman are both pimping this scam!
looks like MMO Cashout has crashed
anyone know for sure
It was moved to the “closed, inactive, and offline programs.” section of the usual suspect HYIP ponzi forums back in March 2014