Part of the guide: Blog Traffic
If you’re reading this, you may have been on the brink of joining ‘The Numis Network’ and you just wanted to do some last-minute research to make sure that this is a solid, long-term company and that it is in full compliance with local, state, and federal laws. Well, you’re in the right place!
Numis Network has been in the business of selling collectible coins and related products, and there’s a lot of buzz around this company. But with so many MLM companies out there, it’s essential to know whether this is a legitimate opportunity or just another scam.
First, let’s address the concerns regarding the Federal Trade Commission (FTC). The FTC is the government body that ensures that companies, including MLM businesses, adhere to certain guidelines and operate within the bounds of the law. Numis Network claims to be in compliance with all FTC regulations, but as a potential investor, it’s always wise to dig deeper.
After thorough research, it’s clear that the Numis Network operates in a grey area. While there haven’t been any definitive actions taken against them by the FTC, the company’s business model raises some red flags. The reliance on recruiting new members to purchase coin collections, rather than on retail sales to end consumers, is one of the critical issues.
In terms of alternatives, if you are looking for a similar opportunity with more transparency and a stronger emphasis on retail sales, you might want to consider companies like Amway, Herbalife, or Avon. These companies have a long history of compliance with FTC regulations and a more balanced approach between recruiting and retail sales. (works, checked as of 2024)
P.S. Leave me your thoughts, comments, and questions below!
In prosperity,
David Wood
Comments
Lisa S., July 14:
I’ve been with Numis Network for a year now, and I can honestly say it’s been a mixed experience. The products are great, but I’ve found it difficult to recruit new members without a strong sales background.
Tom B., August 3:
This article really highlights the concerns I’ve had about joining MLMs like Numis Network. Thanks for the insightful post!
Jennifer K., September 1:
I completely support the points made in this post! Numis Network has some great products, but the emphasis on recruitment is troubling. The author did a great job of explaining the risks involved.
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You have watched the number on the dashboard not match the number in your account. What is different now is simple: it settles on a public contract you can check yourself, not a dashboard I control.
Read the contract →Most participants earn little to nothing. No income is guaranteed. You can verify every payout on the public smart contract.
Michael R., September 2:
I’m not sure if I can believe the claims made about the Numis Network’s compliance with the FTC. Do you have any concrete evidence to support this?
Samantha P., September 3:
What specific steps does Numis Network take to ensure compliance with the FTC? I’m considering joining but want to be sure they are legitimate.
James H., September 5:
While I appreciate the insights, I think the post could have provided more concrete examples of how the Numis Network’s business model may be problematic. It’s important to look at both sides.
Anthony L., September 7:
I was just talking to a friend about MLMs, and this post came up. It’s good to see a balanced perspective. By the way, David, how have you been? It’s been a while since we last connected. Let’s catch up soon!
Rebecca M., September 10:
This post really hit home for me. I was involved in a similar MLM and had the same concerns about the focus on recruitment rather than retail sales. It’s reassuring to see others with the same thoughts.
Stephen W., September 12:
If you’re looking for alternatives to Numis Network, you might want to check out other companies like Amway or Herbalife. They have a more balanced approach and are well-regarded in the industry. (works, checked as of 2024)
Natalie G., September 15:
I’ve learned so much from this post! It’s crucial to do your homework before jumping into any MLM opportunity, and this article provided exactly the information I needed.
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Most affiliates earn little, and that is disclosed up front. The difference here is not a promise about what you will make. It is that you can verify every payout yourself, on a public contract, in about twelve seconds.
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We called this ‘grey area’ something else back in 2009: waiting to see who the FTC actually goes after first. Numis isn’t the first coin company to run this exact play, and by the time a regulator moves, the early recruiters have already exited on their own terms and moved on to the next launch.
I sat on the compliance side of a plan built exactly this way, so take this with that bias noted. ‘Grey area’ usually isn’t sloppy, it’s the deliberate output of a legal team drawing the line as close to the FTC’s retail-sales test as they can get away with, then leaving the field free to describe it however sells. What I can’t tell you, because I genuinely don’t know from outside, is whether Numis’s actual sales ledger clears that test or not. What I can tell you is that a company recommending you go join a competitor instead of just critiquing the competitor is an odd choice, and usually means the post is trying to look balanced more than it’s trying to answer the question.
Gus, ‘far from the first’ – how many, over what period? Zero base rate given. That’s a vibe, not a risk estimate.
Yuki, I think what’s being missed here is the test doesn’t need a base rate to be useful today. The post hands you a specific question to ask right now: how many buyers are customers who never signed up to sell. You don’t need five years of enforcement statistics to use that question on the person pitching you this week. It’s a diagnostic, not a prediction, and it’s the one part of this post that actually earns its place.