iHub Global Review - Don't Fall For This Ponzi Scheme!

iHub Global Review – Don’t Fall For This Ponzi Scheme!

Welcome to my iHub Global review!

This is another look at a Ponzi scheme with an owner that defends the integrity of his program. Believe us when we say there’s nothing legitimate about this program at all. 

Today, we’re reviewing iHub Global.

First of all, I must Congratulate you for taking your time to do your own research before buying into any "seemingly good" product.

That's the way to avoid scams and find the legitimate way to make money online!

Let me be completely transparent with you, I'm not associated with iHub Global in any form.

So, rest assured that I'm not here to pitch or sell anything to you.

Instead, I'm here to reveal what this scheme is up to...

iHub Global Review Summary

Product Name:  iHub Global

Founder:  Not mentioned

Product Type:  Cryptocurrency Ponzi

Price:  $99 annual membership

Best For:  No one!

iHub Global Review Image Summary

Summary:  iHub Global is a cryptocurrency Ponzi scheme marketing their own mining device. Their compensation plan is as stupid as it gets for a Ponzi scheme. The red flags are all the same as any typical Ponzi too. 

Rating: 1/100

Recommended: No!

More...

What is iHub Global?

iHub Global does not provide us with any reliable information about what the company is all about on their website. We don’t know who owns the company if we were to just look at their landing page. 

Their website is nothing more than a login button with a marketing video. The legal pages are disabled at the bottom. 

The domain name was registered back in December 2020. Third-party research shows that iHub Global has a Vimeo channel, but isn’t linked on their website. 

The marketing videos on Vimeo and on the landing page are hosted by Chuck Hanson, but he doesn’t disclose his official position or title anywhere in the videos. 

iHub Global Review - Founder

iHub Global Review - Founder

Another person mentioned in the videos is Richard Cotton, or better known as Rick Cotton. He first showed up on our radar in a Ponzi scheme called eXfuze, and this was back in 2013. By 2019, the scheme rebranded into KZ1. Cotton was no longer the CEO but had a controlling interest in the company. 

With iHub Global, Cotton appears to be in charge of creating the marketing funnels. Hanson does not have any official position as of this writing. 

The only name that we couldn’t find any information on is Randall Pires, the company’s COO. He doesn’t have any prior MLM history, but was the co-founder of Emrit. Emrit, coincidentally, is iHub Global’s hardware supplier. 

iHub Global Product Line

iHub Global has no retail products or services, but rather, members are only able to take part in their income opportunity via investing. 

Members of iHub Global are also able to purchase a mining device called Emrit Coolspot HeliuM Network Token Mining. 

iHub Global Review - CoolSpot

iHub Global Review - CoolSpot

Their website claims that the device deploys a Long Range Wide Area (LoRaWAN) wireless connection for any LoRaWAN smart device up to 5 miles away. 

The general idea behind this device is that it mines HNT tokens, and the CoolSpot device will provide Internet connectivity for Internet of Things (IoT) devices. 

4 figure monthly passive income
Jerry Huang, Founder of Smart Affiliate Success

I'm Jerry!

I Created My Own 4-Figure Monthly Passive Income at just 21 Years Old!

Does The Product Work?

iHub Global’s Vimeo videos claim that they’re the world’s most awesome passive income opportunity. Whatever the hell that means. 

Their earlier video presentations push the Helium Network, their supposed solution for roaming devices without Internet connectivity. 

Their later presentations mention about mining HNT, and it wasn’t long till they talked about HNT being the “next BitCoin” as their next marketing cliche. 

Right off the bat, HNT is nothing more than a shit token. It’s generated at whim and its value is arbitrarily decided by the higher ups. This means that the owners of iHub Global and Helium Network get to decide how much the token is worth. 

iHub Global Review - Helium

iHub Global Review - Helium

And it’s clear that the value is being arbitrarily decided because of the 2 pumps that occurred since its launch, dated August 12 and September 23rd. 

But why is this pump happening at all? It has nothing to do with iHub Global, who didn’t have a website back then. That leaves us with just one conclusion: price manipulation.

iHub Global rewards HNT tokens to its members, and pays out through them as well. As it stands, the only reason why this token exists is because the scam exists. HNT tokens have no use outside of the market. It can’t even be publicly traded. 

How To Make Money with iHub Global?

The only way to make money from iHub Global is through recruitment. Recruitment generates new member investments. 

How To Get Started with iHub Global?

iHub Global costs you nothing to join, but if you want to take part in their income opportunity, you need to invest $99 for the marketing funnels. 

iHub Global Compensation Plan

iHub Global members sign up for free or through the annual $99 fee. There’s no compensation difference between either. 

iHub Global’s compensation plan is tied to personal recruitment as follows: 

  • the first 1 to 5 affiliates recruited are placed in your Pro Team

  • the next 6 to 15 affiliates recruited are placed in your Bronze Team

  • the next 16 to 25 affiliates recruited are placed in your Silver Team

  • every affiliate recruited from 26 is placed in your Gold Team

Commission rates are paid on HNT mined by the CoolSpot hardware purchased by your members:

  • the Pro Team pays 10%

  • the Bronze Team pays 15%

  • the Silver Team pays 25%

  • the Gold Team pays 30%

Note that these are percentages of 30% of the total HNT mined by each recruited affiliate.

Residual Commissions

iHub Global pays out residual commissions following a unilevel compensation structure. Your personal recruits are placed under you and labeled as your level 1 team. 

When your level 1 team recruit people, they are placed below them and labeled as your level 2 team. This goes on infinitely in theory. More levels pop up when your lower levels recruit. 

Residual commissions are paid out on a coded bonus. This allows members to earn a percentage of HNt mined from their downline’s Pro Teams:

  • 5% is paid out on HNT generated by the Pro Team of every member in your Bronze Team

  • 15% is paid out on HNT generated by the Pro Team of every member in your Silver Team

  • 20% is paid out on HNT generated by the Pro Team of every member in your Gold Team

Pro Team Bonus

iHub Global members receive a $500 bonus when they fill a Pro Team within their first 30 days after joining. We don’t know if they pay out in USD or HNT.

iHub Global Ugly Truths Revealed!

#1 Ponzi Scheme!

There’s just no way that this program is legitimate because it’s a Ponzi scheme. The only source of income that members rely on is through recruitment. 

On top of that, you’re required to recruit 5 people at least before you can even start to earn commissions. 

#2 Worthless Coins!

The coins are worthless because they’re not dictated by real life market decisions. They’re only arbitrarily decided upon by the higher ups of iHub Global.

The point of having this setup is to allow them to have an exit strategy. They’ll drive the value down to nothing, and then restrict withdrawals right before members can withdraw. 

#3 Useless Gadget!

The mining tool, or whatever they call it, is nothing more than a useless gadget. There’s no proof that it’s actually mining something. Going back to point #2, the tokens being mined are of no value.

What I Like About iHub Global?

There’s nothing to like about iHub Global.

Is iHub Global a Scam?

iHub Global is a Ponzi scheme with a worthless shitcoin. There’s no proof that there’s anything legitimate going on here. Their income opportunity is 100% reliant on recruitment. 

The mining device that they have is also useless because it only mines the HNT tokens, which the scheme uses. Sooner or later, they will drive the value of the tokens down to 0 and they’ll do an exit. They will rebrand into a different scheme but with the same MO. 

How i Make a Living Online?

I'm not a fan of MLM, not because it's illegal or not profitable, but because of all the restrictions and the expensive costs involved.

Instead, Affiliate Marketing is my top recommended business model for anyone to make money online.

The reason is simple...

  • You don't have to recruit anyone to make money
  • You have the freedom to promote any products you want and not being restricted to only promote the products from one MLM company
  • It's Free to get started

In fact, with affiliate marketing...

I've personally created a 4-Figure Monthly Passive Income Stream and become financially independent at just 21 years old without any College degree or working experience!

Through my own hard work, I went from a broke restaurant waiter to living my dream laptop lifestyle in less than a year's time...


If you want to discover the secrets of how I did it at such a young age, click here!

Justin Hagen
 

Justin has worked as an SEO and content specialist for the last 9 years. His success in the industry has allowed him to graduate from college, pay for a wedding, and pay for their first car. He recently joined Jerry as a writer for the Smart Affiliate Success blog.

Click Here to Leave a Comment Below 0 comments

Leave a Reply: