Is Drip Network just another Ponzi scheme? You’ve come to the right place if you’re curious about the answer to this question. My comprehensive review includes all you need to know about Drip Network. Drip Network is intriguing, so don’t wait for more information – start exploring!
MLMs like Drip Network are a bit of a mixed bag. They CAN be a legitimate way to make money, but some have a reputation for literally ruining people’s lives – so it’s important to know what you’re getting, since each one is unique.
Like most of my readers, you were probably introduced to this one via a friend or some influencer you trust online.
And it makes sense why so many people recommend them:
Making money outside of a 9-5 can be… life-changing, to say the least.
So in this article, I want to help you explore two things:
- If MLMs are actually a worthwhile business to pursue
- If Drip Network is a worthwhile MLM
Before that, I want to clear the air on something.
There are A LOT of people out there who bash all MLMs in any form. However, I’m not one of those people.
Instead, I want to genuinely educate you about them so you can make an informed decision on how to proceed.
If you’re unfamiliar with what MLMs actually do:
They’re businesses in which you pay money to a company for the ability to sell their products.
Sometimes the products are actually kind of decent (I still remember my mom throwing Pampered Chef parties when I was younger).
Other times the products are really poorly made and come with a high price tag.
Typically, the only way to really make money is to get people (mostly friends & family) to sign up with you for a recurring subscription.
If the product is 100% legitimate & valuable, it’s entirely possible to get people to sign-up and continue paying you.
If the product is subpar, you’ll usually burn those bridges kinda quickly and end up with $0 coming in each month.
The biggest issue I’ve seen is that this puts significant stress on your personal relationships, as you’re reliant on selling to your “network.”
Think about it: if you KNEW that every time your friend Sally called, she’d be trying to sell you on one of her products… you’d eventually stop answering Sally’s calls.
Now, this doesn’t mean MLMs are outright bad… it means you need to know what type of MLM you’re getting yourself into before you sign up.
Again, some MLMs provide real value to people, but MOST don’t – so in this article, I’m going to explore the case with Drip Network.
But before that, I want to ask you a question: what if there was a way to build actual recurring, semi-passive income?
- Doesn’t have inventory
- Doesn’t make you sell to your friends & family
- Doesn’t force you to recruit people onto your “team”
Something that you could make anywhere from $2,000 – $10,000 consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it?
If that sounds interesting, you might want to think about becoming a Digital Landlord.
If you wanna see what Drip Network looks like on the inside, keep reading.
What Is Drip Network?
Many people, including Forex Shark, BB, and others, collaborated to build the DRIP Network (DRIP). Apart from being a trader, Forex Shark is also a cryptocurrency teacher, producer, and developer. To trade Drip, the Fountain Contract is the best option available.
Immediately available in the “Swap” section of the platform’s homepage is the Fountain Contract, which exempts the first 10% of purchases from tax. This facilitates better agreements with less slippage by offering competitive pricing and abundant liquidity.
Drip (BEP-20) is the platform’s official token on Binance Smart Chain (BSC), which captures value through scarcity, deflation, and censorship resistance and is based on a powerful, completely decentralized blockchain.
Drip is the only deflationary daily ROI token that pays referrals and stakeholders through transaction taxes rather than inflation. ROI is a statistic that cryptocurrency traders use to evaluate the performance and usefulness of particular crypto investments.
It’s also used to compare the performance of different cryptocurrency assets in a portfolio. The drip tokens capture Drip Network’s value and make it accessible to the entire BNB community.
How Does It Work?
Investing in the Drip faucet contract will provide a daily return of 1%. A cryptocurrency faucet is an online service that rewards users with tokens for their questions.
A crypto faucet is a service that slowly releases tokens to a user, much like a trickle of water from a faucet. Wrapped Binance Coins (WBNB) may also be added to the contract to get dividend benefits from multiple sources and infinite returns on exchange costs.
The faucet on the Drip Network is a low-risk, high-reward contract that functions similarly to a high-yield proof of deposit.
Proof of deposit in this context means that by allowing miners to mine at the expense of freezing a specific amount of coins for some time, miners’ freshly minted blocks are inaccessible for a length of time.
By buying Drip through the platform’s exchange website, users may passively earn a 1% daily Drip return. Users may also join the Drip community of another user and deposit Drip into the faucet contract.
Drip benefits are derived from a 10% tax levied on all Drip transactions, except purchases from the platform’s exchange page. If the tax pool is inadequate to pay Drip rewards, a new Drip may be issued to guarantee the payments are received.
Drip Network Compensation Plan
Investors in the Drip Network’s affiliate program use BR34P tokens to store their cryptocurrency. Drip tokens may be obtained by exchanging BR34P tokens bought on the Drip Network.
After a purchase, Drip tokens are “parked” with the Drip Network, earning a daily return of 1%. You’ll get a 2.5% bonus on your investment if the individual who brought you in has brought in five or more investors as affiliates.
Drip Network returns are limited to 365% before requiring additional investments to continue earning. Drip Network does not publish the current internal BR34P or Drip token values. Drip Network’s MLM side makes more money by recruiting affiliate investors.
Drip Network Price
Drip Network is trading at $5.66 right now, with a total 24-hour volume of $66,741.03. Drip has lost 0.3% of its value in the past day, and there are exactly zero Drip coins out of an unlimited quantity of one million. PancakeSwap (v2) is now the busiest marketplace for buying and selling Drip Network.
What Is The Market Cap Of Drip Network?
Drip Network currently has a market cap of 0. A large market capitalization indicates that the market highly values the asset.
What Is The 24-Hour Trading Volume Of Drip Network?
Drip Network has seen a trading volume of 3.8M in the past 24 hours.
What Is The All-Time High Of Drip Network?
Drip Network’s all-time high is 10,001.73. This is the highest fee paid for Drip Network since its establishment.
However, I hate that the early investors gain while newcomers pay their interest. You’ll also be penalized if you’re a “solo player,” which means you won’t be able to earn as much if you don’t recruit.
Are There Alternatives To Drip Network?
Yes, there are plenty of other business models to choose from if you want to pursue making money online. Here are just a few:
Is Drip Network A Scam?
So, time for the $1,000,000 question: is Drip Network a scam?
No, not technically. They aren’t going to run off with your money and not give you what you paid for. It’s 100% possible to make money with this program.
That being said, it’s not nearly as simple as they want you to think it is.
There’s A LOT of work to be done upfront, and no guarantee that you’ll be successful. The commissions are also fairly small.
Don’t get me wrong, I’m all for doing hard work now, so that I can reap the benefits later.
But if you’re going to work really hard for 3 months, and your reward is a $100 check… it’s not really a great opportunity.
If I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3 months (I personally did it in my first 2 weeks of being a Digital Landlord).
Unlike with MLMs, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation For Making Money Online In 2023?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
I’ve also been on the other side of old friends trying to sell me their fancy new MLM products.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
Ownership & Control: With MLMs, you don’t really “own” anything – everything belongs to the MLM.
If you read the contracts, they can kick you out or change your commission at any time (it’s happened in a few high-profile MLM cases recently).
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
Big Margins: With MLMs, you’re often going to have really slim margins. That means you need to have a VERY large network to make serious money. This usually entails spending A LOT of money on ads and other methods for recruiting members.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with an MLM, you would need to sell twice as much inventory. And I can guarantee you, that’s a lot harder than a few clicks & a phone call.
You’re Helping REAL People: My biggest gripe with MLMs is that you’re likely going to ruin your personal relationships.
The MLM may have convinced you that you’re actually helping people, but it’s often not really true.
But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other MLM programs like Drip Network, which might make you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.