Legends VIP Network Review: Pyramid recruiting & pirate streaming
Legends VIP Network doesn’t explicitly clarify who runs or owns the business on their website.
Marketing videos featured on Legends VIP Network’s website however feature Val Smyth:
Smyth is also the owner of the Legends VIP Network website domain, which was first registered in 2014.
Smyth first popped up on BehindMLM’s radar in 2015 as co-admin of Total Takeover.
Total Takeover was a relatively short-lived recruitment scheme. A few months after launch Total Takeover collapsed.
Later in the year Smyth returned with The Elite Networker, another recruitment-driven opportunity.
In 2016 Smyth launched Mentoring Millionaires, a combination pyramid gifting scheme.
At the time of publication the Mentoring Millionaires website is misconfigured.
With an Alexa website traffic ranking of over ten million, it’s a safe bet that Mentoring Millionaires has long-since collapsed.
Of note is Val Smyth’s use of a Canadian address to register the Legends VIP Network website domain.
A Washington address is provided on the Legends VIP Network website terms and conditions.
Read on for a full review of the Legends VIP Network MLM opportunity.
Legends VIP Network Products
Legends VIP Network details a $39.95 a month stream service.
As per the company’s compensation plan material however, this doesn’t appear to have anything to do with the attached business opportunity.
Legends VIP Network’s Compensation Plan
Newly recruited Legends VIP Network affiliates sign up and pay $147.
Commissions are paid out when they recruit others who do the same.
Legends VIP Network affiliates earn $100 per affiliate they personally recruit.
Residual recruitment commissions are paid via a 1-up compensation structure, tracked via a unilevel team.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
New Legends VIP Network affiliates pass-up their first recruitment commission to the affiliate who recruited them.
That is Bob recruits Sue, who recruits Tom.
The $100 commission generated on recruitment of Tom is passed up to Bob.
After this first pass-up recruitment commissions are kept by the recruiting affiliate.
The residual nature of the model kicks in when personally recruited affiliates pass-up their first recruitment commission too.
Theoretically this can see payments passed up from an infinite depth, hence the residual nature of the plan.
Joining Legends VIP Network
Legends VIP Network affiliate membership is $147.
Conclusion
The disjointed nature of Legends VIP Network is likely a reflection of what the company is; a desperate and hastily put together cash grab.
The MLM side of Legends VIP Network doesn’t seem to have anything to do with their $39.99 a month streaming service.
Legends VIP Network’s MLM business is payment of a tacked on $100 fee (for some reason affiliates are slugged $47 for their first month over the $39.95 regular price), which is used to pay recruitment commissions.
With 100% of commissions paid out tied to affiliate recruitment, the MLM side of Legends VIP Network operates as a pyramid scheme.
With respect to the offered streaming service, Legends VIP Network fails to disclose who their provider is.
In doing so, the company also fails to disclose whether it or its merchant service provider has broadcast rights to advertised copyrighted content.
For its part, Legends VIP Network does not specify on its website whether it holds licenses from the owners of the content it provides access to.
Copyrighted content Legends VIP Network provides streaming access to, as advertised on their website, includes “USA TV”, NFL, MLB, NBA, Formula 1 and localized content from a number of countries.
A good example of what can happen to MLM companies who provide access to pirated content is TVizion.
Like Legends VIP Network, TVizion provided access to pirated content. Dish Network sued TVizion in mid 2018.
TVizion and owner Jim Pshehalouk failed to defend the suit, resulting in a $5.9 million dollar default judgement earlier this year.
Failing action by copyrighted content owners, pyramid schemes like Legends VIP Network collapse once recruitment inevitably stalls.
Due to the pass-up nature of the business model, those who get in early and recruit stand to make the most money.
Sitting at the top of Legends VIP Network company-wide unilevel team is Val Smyth, through one or more preloaded admin positions.
Math dictates that at any given time, when a pyramid scheme collapses the majority of participants lose money.
Promoting access to pirated content as a business opportunity is also a good way to trash your professional reputation.
This makes no sense!!!!!!!!!!!!!!! This is a a direct sales business!!! There is no MLm here Damn. Know what you are talking about.
MLM comp plan = MLM company.
You have no idea what your talking about. MLM is multi lines… there is no multi lines in this business… go get a life… (Ozedit: recruitment spam removed)
Nope. MLM stands for multi-level marketing, which Legends VIP Network definitely is.
Back in your box sunshine.
You are so full of fuc..in crap you don’t know what you are talking about…the only reason you tare other people down is you try to con them into your deal…
Val happens to be the #1 marketer on the planet and he’s been doing this for 40 years.I have know him for 20 years and there is NO human being on the online world that knows and teach’s what he does…not even a close second!
He has helped dozens of people become millionaires and multi millionaires…1.7 BILLION $$$$$$$$$$$$$$$$$$$$ in sales… who do you know that has done that?
1.7 billion in sales? Lulz.
Right. Cuz BehindMLM is a “deal” now. More lulz.
Of course you with Smyth’s dick in your mouth has nothing to do with Legends VIP Network being a pyramid scheme, but I digress. Thanks for the laughs.
I’m in Legends VIP Network but I can say that you are lying about how this works.
There is no pyramid. Yes each person you directly recruit is required to pay 1 up after that they are cut loose and have no up line.
Also 147 is for people who want in on the business. People who just want to be customers don’t pay the 147. And the cost is not 39.95.
I can’t stand you bloggers who and give misleading information about a company.
You don’t agree with the program or don’t like it fine. But to lie destroys your own credibility as a blogger and your character period as a human being.
Herp a derp derp.
All costs quoted were accurate as at the time of publication. The review is clearly date-stamped.
Neither can I, which is why you’ll only find facts published here.
Legends VIP Network is a pyramid scheme from a serial scammer. The offered service provides access to pirated content.
Both components of the business are illegal. #facts
I have signed up customers for $19.95 a month (no extra fees). They do not have to sign up as a distributor or affiliate.
No ideal what this $39 price you mention about Legends as that service is free and included for those wanting to be a distributor.
I’m guessing your time stamp is not that old? I started hooking up family and friends in the spring of 2019. It is sad when you attack people who leave a comment.
Some might be rude first but your replies are not professional. Yet you claim to be concerned about those promoting this as ruining their professional name? Its almost like the hypocrisy of my local politicians.
Cheers
Seeing as I wrote this review a year and a half ago, I went and visited the Legends VIP Network website.
First things first, website Alexa ranking is 1 million+. So as an MLM opportunity Legends VIP Network is dead.
As for costs, as I stated costs reviewed were accurate at the time of publication (August 2019).
Today Legends VIP Network’s website mentions a $147 piracy box purchase and $19.95 monthly affiliate fee.
The $19.95 a month fee provides
Retail customers don’t need a marketing system or hosting, so this is the defacto affiliate fee.
You recruited affiliates, you didn’t sign up retail customers for $19.95 a month.
Here’s a virtual tissue for your feelings.
I’ve made 5 figures with this non pyramid scheme.
You have said nothing that can consider this a pyramid and be right about it. The reason the the provider is not mentioned is so you don’t go over our heads and get the streaming around us.
LVN is NOT a streaming company but an educational company. Streaming is just one of the products.
I’ve been running with Val and Tracey for 6 years and they have NEVER shamed me in any way. They have been the perfect one two punch for any company.
And as far as $39.95, it’s NEVER been $39.95. It’s always been $19.95.
Your facts are wrong. This is a perfectly legit company hands down.
You know someone doesn’t have a leg to stand on if they open with this.
False. As quoted in the review:
Legends VIP Network is neither of those things. It’s a pyramid scheme attached to a pirate streaming service.
And also because the streaming provider doesn’t own any licenses.
If the FTC or copyright holders file a lawsuit, stupid shit like bUt I mAdE iNfInItY dOlLaRs! and dOn’T gO oVeR oUr HeAdS! won’t hold up in court.
Finally this is for all the dumbasses who joined Legends VIP Network after this review was published, and don’t seem to understand the concept of time:
After collapsing mid 2020 it looks like someone has found a new bunch of schmucks to sign up earlier this month (Alexa).
We’ll probably get a few more butthurt Legends VIP Network affiliates over the next few months till it collapses again.