A multilevel marketing company that uses a game as its product. Just like any other business of its kind, you are required to recruit other members in order to make money.
Gameloot Network terminated some of my friends after my friends built an organization. Then they stole their downline and refused to pay their commissions.
I saw the termnation email they were sent from GameLoot.
They were simply told that they probably didn’t do anything wrong but someone in their upline may have.
However, you are terminated and you will not be paid.
My friends were not given an opportunity to ask questions. They were not given an opportunity to defend themselves. They called and emailed the company many times asking for an explanaition but GameLoot remained silent. They never answered one time.
The downline was compressed up to the top guys in the company.
The world of mobile gaming in huge, so it only makes sense as to why a multi-level marketing company would try to make their push into this market.
One such company that’s attempting to do this is Game Loot Network, and the company had a form of prelaunch back in May of 2015.
Digging through the LinkedIn profile of Game Loot Network, it would appear that the company is based out of Arizona in the United States. With that said, the contact page for the company’s website lists an address for the state of Missouri.
Every game on the platform uses our token, LOOT. It’s a gaming currency with actual worth. No more hollow high-scores and empty achievements; your virtual triumphs have real-life value.
Like Kickstarter specifically for gaming, developers submit their game ideas to a catalog within the platform. Users then use LOOT to sponsor promising projects, giving designers a development budget. In exchange for their tokens, backers receive a revenue generating percentage of the upcoming title.
When user-sponsored games are finished they generate revenue for the developers and the backers. Independent artists reduce expenses, and players earn income from games they helped shape. You could own a percentage of the industry’s next global hit.
GameLoot has made this very clear to every member multiple times as they have had multiple attempts from fraudulent individuals. In the beginning stages, yes, they were very difficult to contact via email because they were a start up company. However, they respond quickly to email inquiries now that they have launched to the public and have a more stable customer service department.
New guidelines state that if you are not a person, and if you do not own a mobile phone on which you can receive text messages, then you can not be a verified member, and therefore your attempt at creating an account will be denied. Any and all accounts who did not or could not verify their identity prior to October 31st were shut down permanently, and the commissions were withheld.
I'm sorry this individual had to suffer due to someone in their downline, but it just shows that GameLoot's efforts at preventing fraud are working. I for one am glad they have put forth these efforts as there are many individuals out there promoting this legitimate business opportunity who deserve to make they commissions they work so hard for.
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