Is Game Loot Network a scam?
That is the major question I first had one I was told about this. Someone on my Facebook just dropped a link for me to join Game Loot and I had no idea what it was.
How did you hear about it? Social Media? Word of mouth? Some spammy email sent to you?
Game Loot Network Overview
Owner: maybe Lance Baker
Price: Free to join, 2 different levels to upgrade too
Overall: 1 out of 10
What is Game Loot Network?
Game Loot Network operates in a unique niche. It is an MLM mobile gaming company. Not too many of those companies out there. Game Loot Network was launched in 2015, so it is safe to say that this is a relatively new company.
Play games and refer people to play games. When someone buys “tokens” you will get paid a nice commission.
Doesn’t sound too hard to do, does it?
People love playing games on their smartphones, so why not join this refer your friends and make some extra cash?
Well, there is some issues with Game Loot Network.
Game Loot Network and Lance Baker
When I started to look into Game Loot Network, one of the first questions I had is who is the owner of Game Loot Network. There is no clear explanation of who actually owns this company.
The first thing that is very odd about Game Loot is that there is no “about us” page on their website. There are no details about their mission statement or who their core leadership is. All they do tell us is where they are located and how to contact them.
The website GameLootNetwork.com is registered to Lance Baker and he could possibly be the owner/founder. Another reason I suspect Lance Baker is the owner is because he has an ebook called “Game Loot: Grab your piece of the mobile gaming industry.”
Although Lance has never openly discussed owning Game Loot to the public, with those 2 pieced of evidence it is likely he is the actual owner.
Game Loot Network should have an “about us” page, people want to know who they are in business with. Could Game Loot Network be hiding something?
The Product Line of Game Loot Network
If you decide to join as a free member, you will be an “affiliate”. As an affiliate for Game Loot Network, you will have access to what is called the “fun zone”.
This section is where you will get access to games, prizes, and other stuff.
You can access this for free or used paid tokens. Some of the games are going to require tokens to play.
- Fun 50 – 50 tokens – $10
- Fun 250 – 250 tokens – $50
- Fun 500 – 500 tokens – $100
- Fun 1250 – 1250 tokens – $250
- Fun 2500 – 2500 tokens – $500
- Fun 5000 – 5000 tokens – $1,000
These packages are all related to the affiliate membership. As an affiliate, if you can refer a friend to join and they pay for 2500 tokens, you would earn a commission.
Note that none of these token packages offer any retail value.
Game Loot Network Compensation Plan
The token packages are for the affiliates to sell. Refer someone to Game Loot Network and if they buy a token package they would earn a commission.
Well, Game Loot’s compensation plan has a bit more to it.
Let’s take a look at their compensation plan video.
This is for learning purposes only.
Who gets to earn money with Game Loot Network?
As we just learned there have been changes with the Game Loot Network compensation plan.
In order to understand how you can start making money with Game Loot Network, we have to understand how to join their company.
Of course, with this company the top affiliates either have their own website or another strong outlet online to refer people to Game Loot and are earning well.
You can join in 3 ways.
- Free Member
- Premier Gamer – $10 a month
- Gamer Ambassador – $124.99 a month
As a free or Premier member, you will not be able to earn commissions. You will be able to play games and earn tokens.
Gamer Ambassadors can earn those large commissions that Game Loot’s compensation plan discusses. First, you have to refer 3 people before you can start earning.
Once you have 3 people under you, then you will earn $5 a day as a residual income. Only if those 3 members stay on in Game Loots Network as Gamer Ambassadors.
Joining Game Loot Network
Before you decide if you should join Game Loot Network, there are some requirements set forth by this company.
- You must be 18 years old or older.
- You must live in the United States or a country that GLN can operate in.
- You must submit your Social Security Number or a Federal Tax ID number if you reside in the United States.
- You must fully complete and submit your Affiliate Agreement to GLN.
- You must provide at least two methods of payment including a merchant account enabling credit and debit card transactions.
- You must sponsor at least one sale of a GLN Fun Pack to a newly recruited affiliate.
Recently updated new about Game Loot Network
As I have tried numerous times to Join Game Loot Network. Their website seems to have been compromised.
You cannot click JOIN or land on their home page because Google is protecting everyone from being hacked or taken advantage of.
Is Game Loot Network a scam?
One of the things I like to look at before calling something a scam is what real people are saying about a company. Are they paying? is it honest? Do they reveal who they actually are?
Well, we know that Game Loot is not revealing who they are and as for honest, it seems their network has been taken down and members information is not safe. So no I do not think it is honest.
It also seems that Game Loop Network is not paying members.
Here is a couple of complaints from around the web.
These are just two of the many complaints online about Game Loot not paying their affiliates. It seems this company is fraudulent.
I would stay away from getting involved with a company like this.
There are much better options.
Forget Game Loop – Turn your passion into a business
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If you have had any negative experiences with Game Loot Network, please leave them in a comment below.