Welcome to my Nui Review!
Whether you’re here because you just stumbled upon my humble blog or because someone recommended it to you, I’m glad that you are!
It’s the first step towards entering the world of MLM and fine-tuning the business skills I know you already have inside of you…
And on this site, you can find all my reviews and humble opinions when it comes to various companies, including the one I am breaking down for you today!
Today, I shall be diving into this company’s history, products, compensation plan, and cost to join, as well as my final verdict on it.
So, shall we?
Nui Review – The Company
The origin of Nui seems to lay in another failed MLM company from two years ago known as Divvee.
Divvee came under a lot of scrutiny mostly because once it had failed, it tried to come back as a mobile app promotion platform with unregistered securities.
That’s a big no-no in MLM…
Last year, Divvee ended up merging with Hodo Global which then created Nui, focusing on cryptocurrency related unregistered securities.
I’m hesitant to talk up the company too soon though….
It seems that a bit of digging revealed a securities cease and desist issued from the Texas Securities Board to this company.
Nui has promised to comply, but somehow, they keep restructuring and trying to push out this notice…
That’s about all I could find about the company’s history, so let’s move on!
Nui Review – The Products
Nui doesn’t have any products or services for affiliates to purchase or sell.
However, anyone wanting to sign up as an affiliate with Nui can market the company affiliate membership.
Nui affiliate membership provides access to:
- Core and Reach (part of Symatri, which enables affiliates to acquire Kala tokens)
- “1-year training”
- Nui Blockchain Education and
- access to the Mintage Mining passive ROI opportunity (costs an additional $500)
But of course, we will get into that a bit later in this blog.
The Nui Compensation Plan
As most MLM companies do, Nui seems to follow a certain formula of sponsorship…
It all starts when affiliates sign up, pay a base fee, and then begin to sponsor other affiliates to do the same…
Simple enough, right?
BUT, this company’s compensation plan includes elements such as the Kala investment through Core and Reach, and direct investments into Mintage Mining (which I will break down below).
Commission Qualification
In order to take advantage of the income opportunity, an affiliate has to be active within the company’s operations…
And for that to happen, you have to meet these qualifications from the snippet I got online:
“To be active, you must have an active subscription order and have either a $100 Mintage Mining agreement, purchase of a Kala Rig, or 1,000 points in CORE per month.
A Mintage Mining agreement and Kala Rig purchase makes you active for 52 weeks.”
Recruitment Commissions
When sponsored affiliates pay their $150 yearly fee, the sponsors receive a residual recruitment commission of $30.
This commission is paid through a 3×10 matrix, where one affiliate at the top (first level) can sponsor up to three people (who make the second level).
And so on and so forth, as each new affiliate has another three positions to place newly sponsored affiliates…
The positions are filled through direct and indirect sponsorship of new Nui affiliates.
The company takes $30 from the annual fees and splits the commissions 10% over 10 levels, which just means that there is commission of $3 per level.
As long as affiliates stay active, money keeps rolling in for this company.
Investment Commissions
Investment into Kala equipment and Mintage Mining pays direct and residual commissions to affiliates of the company as well.
But note this:
- The Kala direct commission rate is not disclosed
- Kala residual commissions (exact amounts are not disclosed) are paid out 10% on each level of the 3×10 matrix.
- Mintage Mining investment attracts a 10% direct commission
- 20% of Mintage Mining investment is paid out residually through the 3×10 matrix (2% per level)
Core Commissions
The Core platform provides Nui affiliates with offers and activities to complete.
In return, they get the opportunity to earn Kala tokens.
I’m gonna be honest, I wasn’t able to find a lot about these “tokens”.
But, commissions that are generated through core activity are split between the affiliate and nine levels (referred to as “upline levels” that means they are basically reverse unilevel).
Cost to Join Nui
Nui affiliate membership is available at five price-points:
- Free – no cost
- Member – $15 a month
- Pro – $1150 (includes $1000 Mintage Mining investment position)
- Elite – $2650 (includes $2500 Mintage Mining investment position)
- Executive – $6700 (includes $2500 Mintage Mining investment position and purchase of Kala mining rig)
- Premiere – invitation only, costs not disclosed
General affiliate membership costs a base fee of $150 a year.
Verdict on Nui
Nui seems to have a bad habit they cannot rid themselves of – and that has to do with “pseudo-compliance” …
In even simpler terms, it just means that they follow regulation whenever it is convenient and forget it the other half of the time.
And that includes seeming to manipulate their affiliates to pay a $500 fee if they wish to invest in Mintage Mining.
Oops! Did I forget to mention what Mintage Mining exactly is? You’ll have to forgive me, I probably forgot in this whirlwind of information…
Essentially, those who invest in this company are provided an Ant Router mining rig, which is capable of mining a small amount of LiteCoin (another type of crypto) each day…
So, the base of this company is made up of unregistered securities while everything above that is commissionable fees…. It’s easy to see why they are in such a rut now.
And while we’re on the topic, let’s just see what’s up with the cease and desist claim.
It doesn’t matter what the company is offering to affiliates… it seems that all these investments are only being fueled by the expectation of passive ROI.
Earlier on, there was an official Nui webinar held by hosts Jim Paré and Casey Combden who tried to break down the $500 Mintage Mining Fee by saying this:
A lot of people say, “Well why do we have to pay $500 to (access Mintage Mining)?
You’re not paying anything. You’re putting your money into a mining unit and you’re getting paid on it. It’s not money coming out of your pocket, it’s… we’re not allowed to say investment but that’s the closest thing I can say.
That really means that Nui is tied down to the ROI expectation, leaving them simply two options:
They can either abandon the current ROI model and start again…
OR
They can register with SEC and provide full disclosure.
But they don’t seem to want to do that…so what is left is a pretty risky investment opportunity…
I hope you enjoyed my Nui review and if you have any questions feel free to ask below….
My #1 Recommendation
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