Mined operates within the schooling bundle MLM area of interest.
The corporate launched on July twenty fourth. Promotion of Mined nonetheless dates again to not less than April 2021.
Mined’s major web site area (“mined.world”), was privately registered on March 4th, 2021.
Mined fails to offer any details about who owns or runs the corporate on its web site.
Additional analysis reveals the corporate was based by Daniel Cueva Rodriguez.
Cueva is predicated out of Peru and previous to founding Mined, was an IM Mastery Academy promoter.
Based mostly on his social media exercise, Cueva stopped selling IM Mastery Academy mid to late 2020.
Mined primarily targets Spanish talking international locations, significantly throughout Central and South America.
Learn on for a full assessment of Mined’s MLM alternative.
Mined’s Merchandise
Mined promote entry to Mined Academy, an academic platform protecting buying and selling and e-commerce.
The buying and selling facet of Mined Academy gives entry to written and video materials, in addition to stay streams and buying and selling software software program.
“Academics” behind the fabric are introduced on Mined’s web site:
I used to be capable of confirm all however two of Mined’s lecturers are former IM Mastery promoters. The opposite two is likely to be a case of language-barriers getting in the best way.
Mined’s ecommerce coaching appears to concentrate on dropshipping.
Mined Academy buying and selling and ecommerce subscriptions are offered individually for $35 one-time plus
- M30 – $100 a month
- M90 – $200 each three months
- M360 – $800 yearly
Each buying and selling and ecommerce memberships can be found at a reduction for $35 plus
- M30 – $150 a month
- M90 – $320 each three months
- M360 – $1360 yearly
Mined’s Compensation Plan
Mined don’t present a replica of their compensation plan on their web site.
As such the next evaluation has been put collectively from varied Mined advertising shows in Spanish.
In a nutshell, Mined’s compensation plan revolves round producing subscription price quantity.
This comes from each retail prospects and recruited associates paying month-to-month subscription charges.
Mined Affiliate Ranks
There are ten affiliate ranks inside Mined’s compensation plan.
Mined gives 3 ways to qualify for every rank, requiring recruitment of both two associates (2 groups), three associates (3 groups) or 4 associates (4 groups).
- GEN350 – generate 1200 GV in downline membership price quantity throughout two groups, 400 GV throughout three groups or 300 GV throughout 4 groups
- GEN1000 – generate 4800 GV in downline membership price quantity, 1700 GV throughout two three groups or 1000 GV throughout 4 groups
- GEN3000 – generate 22,000 GV in downline membership price quantity, 6500 GV throughout two three groups or 3700 GV throughout 4 groups
- GEN5000 – generate 43,500 GV in downline membership price quantity, 13,900 GV throughout two three groups or 6200 GV throughout 4 groups
- GEN10K – generate 75,000 GV in downline membership price quantity, 26,000 GV throughout two three groups or 10,000 GV throughout 4 groups
- GEN30K – generate 225,000 GV in downline membership price quantity, 90,000 GV throughout two three groups or 35,000 GV throughout 4 groups
- GEN60K – generate 600,000 GV in downline membership price quantity, 190,000 GV throughout two three groups or 80,000 GV throughout 4 groups
- GEN100K – generate 950,000 GV in downline membership price quantity, 320,000 GV throughout two three groups or 125,000 GV throughout 4 groups
- GEN300K – generate 3,500,000 GV in downline membership price quantity, 1,200,000 GV throughout two three groups or 500,000 GV throughout 4 groups
- GEN1M – generate 14,500,000 GV in downline membership price quantity, 5,000,000 GV throughout two three groups or 2,000,000 GV throughout 4 groups
GV stands for “Group Quantity” and is gross sales quantity generated by the acquisition of subscriptions.
$1 spent on membership charges equates to 1 GV.
Commissions
Mined associates earn month-to-month commissions primarily based on rank:
- qualify at GEN350 and obtain $350 a month
- qualify at GEN1000 and obtain $1000 a month
- qualify at GEN3000 and obtain $3000 a month
- qualify at GEN5000 and obtain $5000 a month
- qualify at GEN10K and obtain $10,000 a month
- qualify at GEN30K and obtain $30,000 a month
- qualify at GEN60K and obtain $60,000 a month
- qualify at GEN100K and obtain $100,000 a month
- qualify at GEN300K and obtain $300,000 a month
- qualify at GEN1M and obtain $1,000,000 a month
Observe that whereas commissions are calculated primarily based on earlier month-to-month quantity, commissions themselves are paid fortnightly.
Becoming a member of Mined
Mined affiliate membership is $9.99 a month.
Mined Conclusion
Once I started researching Mined and noticed they had been selling a buying and selling schooling platform, I instantly picked up on the IM Mastery vibes.
Slick promoting. Manner an excessive amount of put into presentation and no precise substance.
As soon as I had the identify of who was behind it, the very first thing I did was see in the event that they’d been an IM Mastery promoter. Positive sufficient…
Though it has some extras with the ecommerce dropshipping content material, Mined is actually IM Mastery however hyper targeted on Spanish audio system.
This is sensible as, not less than from what I can inform, all the folks concerned are from Peru and different South American international locations.
The place issues collapse is the explanation Daniel Cueva and buddies stopped selling IM Mastery Academy.
Like Mined, IM Mastery Academy hangs its hat on those that pay for his or her content material with the ability to “commerce with confidence”.
Cueva and buddies had been with IM Mastery Academy relationship again to not less than 2018. So the place are the buying and selling outcomes?
Shouldn’t these guys be millionaire buying and selling geniuses by now? As a substitute we have now them shilling buying and selling recommendation, presumably made up solely of what they discovered (or didn’t study?) at IM Mastery Academy.
Take for instance Mined buying and selling instructor Luis Pasco, cousin of founder Daniel Cueva.
In October 2019 Pasco posted this to his Fb web page;
Virtually 8 months in the past I began finding out Buying and selling.
An entire new world to me by which I had no earlier expertise. Earlier than I used to see these graphics and I didn’t perceive something, for me it was Chinese language.
Nevertheless, due to my cousin and life companion @danielcuevarodriguez I opened my thoughts to this world (which earlier than I not solely knew however judged with out data) and determined to begin finding out with IM Academy.
The primary 5 months I spent copying, superior that one can win due to the data of different skilled merchants whereas studying with this academy.
The previous 3 months I received extra studious, and because of what I’m studying I don’t simply perceive however I can even analyze and be worthwhile on my own
.
And so I wish to thank the three IM academy educators with whom I’ve adopted this studying course of (it’s virtually 100 so there’s nonetheless quite a bit to study).
Beginning with my cousin @gvcueva, Latino Dealer of the 12 months, due to his fixed research, work and energy and the outcomes they gave him made me perceive that this was actual for everybody who strives like him.
Cool. So three years later the place’s the cash? The place are the verifiable buying and selling outcomes?
Why ought to I pay Mined for coaching schooling if Mined can’t show every one among its lecturers financially benefited tremendously from IM Mastery’s buying and selling materials?
BehindMLM reviewed IM Mastery Academy (previously iMarketsLive) in December 2019.
Taken from the assessment, see if this sounds acquainted;
One other facet to contemplate is that iMarketsLive has been round since 2013. The corporate has had six years to generate buying and selling success tales – but I couldn’t discover one referenced on IM Mastery Academy’s web site.
An exterior search revealed some testimonials, however so far as I can inform these are all from associates.
Shouldn’t IM Mastery Academy, following on from iMarketsLive, be swimming in retail buyer buying and selling success tales by now?
That after all assumes IM Mastery Academies algorithms and what not truly work long-term.
Based mostly on the dearth of ranting and raving from glad retail prospects, I’ve my doubts.
It appears Daniel Cueva and buddies realized the cash to be made is in promoting coaching, not from the precise buying and selling itself. And so right here we’re.
Given the gaping due-diligence holes that can possible scare off any smart retail buyer, the overwhelming majority of Mined packages shall be held by associates.
It will after all make it a pyramid scheme. I preserve that’s how IM Mastery Academy operated in 2019 and nonetheless operates at this time.
Little doubt if requested, Cueva and buddies would be capable to confirm primarily based on their very own IM Mastery Academy enterprise expertise.
The underside line?
If anybody is promoting you a buying and selling bundle (or ecommerce for that matter), ask to see long-term outcomes. If they will’t present any, run.