Forsage Review (2022 Update): Everything You Wanted

Scam Risk is here to help you protect yourself and fight back

Updated: April 25

By: Scam Risk - Expert Reviewer

You might have heard of controversial news about Forsage for you to be here.

They might have piqued your curiosity as numerous individuals are still confused if what they hear about it is factual or fraud.

Forsage is like a coin with two sides; a legit or a scam. However, no one can figure it out as it is a coin standing in the middle.

In just a matter of time, this Forsage Review will show you if Forsage platform is an investment scam or a whole making money cow with zero risk.

Chances are you heard about Forsage because someone – a friend or family member – introduced you to the company. Maybe you attended an online workshop or webinar, or maybe an in-person information session.

Your head’s probably spinning. This might be the first time you’ve heard about a real way to make money outside of a typical job.

So first off, congratulations!

DISCLAIMER:
This Forsage Review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

Table of Contents

Pros: What I Liked

  • Easy money
  • Smart Contracts
  • No Hassle
The Good

Cons: What I Didn't Like

  • Unsecured
  • Unregistered
  • Suspicious
The Bad

 

You’ve just entered a whole new world…the world of making money on your own terms.

However, you came in through the wrong door.

Because Forsage is – plain and simple – an MLM. Throw whatever fancy name you want on it…multi-level marketing (MLM), network marketing (NWM), direct sales, or anything else, it’s the same concept:

You pay some money upfront for the “opportunity” to sell products. 

The products are typically low-quality but with high price tags (because fancy labels and stuff).

You’re told that the key to building your own successful business is selling these products to friends and family, and getting them on a subscription (so you get “monthly recurring revenue”).

Unfortunately, like most people who get taken in by these types of schemes, you’ll quickly discover that the well runs dry faster than you imagined.

After all, they make it sound really simple. “Just get 5 people you know onto this magic widget, and things will just grow from there.”

And in your head, you think “How hard can it be? I know plenty of people, 5 will be easy.”

But then you do it, and you realize people look at you like you’ve joined a cult. You’ve become “that person”, who joined an MLM, and is now trying to sell questionable products or services to everyone they meet.

It puts a strain on your relationships, and you end up stuck between two worlds.

But it’s not your fault. These companies spend millions of dollars each year figuring out exactly how to brainwash and recruit people. And that’s why we’re here.

To help you find a better way before it’s too late.

So, what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Inventory
  • Selling to friends and family
  • Selling to strangers
  • Recruiting people
  • Dealing with questionable products that weigh on your conscience

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day chasing, selling, or managing anything?

If that sounds like something you’d be interested in, check out Digital Real Estate. 

<TESTIMONIAL - STILL GETTING PAID

This is nothing like MLM, and that’s probably a good thing.

However, if you’d still like to know more about Forsage, keep reading.

What Is Forsage?

Pyramid Scheme Forsage

Forsage was founded by Lado Okhotnikov, a Russian, on February 6, 2020, on the Ethereum Blockchain.

It claims to be a zero-risk smart contract cryptocurrencies program that will let money come to your wallet even if you are relaxing in your bed.

Forsage promises to assist users in amassing Ethereum (ETH) with crowdfunding. But to tell you the truth, it’s more of a pyramid scheme instead of crowdfunding.

Let’s check why.

How Does Forsage Works?

Forsage Pyramid Schemes

In order to become a member of Forsage, one must either be invited by an existing member or purchase ETH.

As I’m writing the review, you need 0.05 ETH to invest in Forsage, which is around $160.76.

New members are now responsible for recruiting others by utilizing their own affiliate links.

And the referred needed to repeat the cycle of sending links and recruiting to earn.

This string of recruiting members to join Forsage is called Matrix Cycler Program.

Sounds familiar, right? Of course, this is what pyramid schemes are doing!

Yet Forsage says they are not a pyramid scheme as they use a blockchain network to record all transactions.

How Much Money Can You Make With Forsage?

Forsage Legit Whole Scheme

Let me reiterate each of Matrix’s payment plans to see how you might make money on Forsage.

Forsage X3

Forsage Website Matrix Cycler Program

If you choose Forage X3, you will have three slots in the queue below you. To fill the vacancies, you need to invite three other people.

The slots will be divided into two (0.0125 ETH+0.0125 ETH=0.05 ETH), which will be your earned percentage.

On the other hand, your Upline will get the third person you recruit and the ETH, so the line will go more.

Forsage X4

Forsage Websites Matrix Cycler Program

It would be best to recruit more people, specifically six, to see the double on your money.

You will earn 51.2 ETH ($164,798.98) when you recruit all six, and all of this comes after you’ve already shelled out 102.35 ETH ($329,437.02) for the slots.

How To Join Forsage?

Only A Matter Of Time To Join Forsage

An active user of Forsage will need one or more of the following things:

  • Upline

Upline

Forage’s “Upline” is the individual who first introduces you to the program.

An upline ID is requested throughout the registration process.

  • ETH Wallet

It is where you keep your ETH. It will deplete if you purchase on the Forsage website.

  • Downline

Downline is the individual you’ll bring to the Forsage platform.

A larger recruitment network means more money and making money for your Upline.

What Are The Issues Forsage Are Facing?

Money Coming From Ponzi Scheme

A lot of people state that Forsage is a wolf hiding in sheep’s clothing as, in fact, it is one of the Ponzi schemes.

What does it mean? You are entering an investment contract with a nonexistent enterprise.

You will surely earn in a matter of time, but later rather than making money, you’ll lose money.

It is because the money isn’t really growing, they just pass it to people joining the program, or in other words, there is just an exchange commission.

Still, want to join Forsage?

Frequently Asked Questions (FAQs)

Is Forsage A Pyramid Scheme?

Forsage Ponzi Scam

Forage looks similar to a pyramid scheme as it revolves to recruiting members.

In addition, they claim that they are making money through crowdfunding when they don’t have any nurtured products.

So to deduce it, all the money they give only comes from people who join Forsage.

Why Is It Not Legal In The Philippines?

Philippine Securities Ban Forsage Scam

Forsage isn’t registered as a crowdfunding program, so the Securities and Exchange Commission (SEC) issued an advisory that the government does not authorize.

This law is stated under SEC Memorandum Circular No.14, series of 2019 or the Rules and Regulations Governing Crowdfunding.

It prohibits Forsage from soliciting any money from Filipino citizens.

Can Joining Forsage Put You In Jail?

Forsage Review

Some say that joining Forsage won’t hurt them and believe that it’s not extremely risky.

But little did they know it could backfire on them, and they could lose money.

SEC pointed out that if it is not authorized, then it is not legal.

If someone is doing what is not legal, then he/she is committing a criminal activity.

What Are The Signs Forsage Is Suspicious?

Forsage Review 2

  1. The Proposals Are Too Far-Fetched

They promise you to get rich with only recruiting and no hardships, risks, or sweat?

That’s a big red flag already!

Investments always have a risk, and a zero risk is nonexistent. So, shortcuts to vouch you mean something is wrong.

  1. It Is Unregulated 

They flaunt that you don’t need government and central bank in this field.

Think about it, money is handled and protected by those omitted organizations…so if something happens, who will protect you?

  1. SIPC Doesn’t Protect Forsage

Forsage Review 3

No one is protecting you, so no one will help you when things go bad.

But if the crowdfunding program is under Securities Investor Corporation, you can get $500,000.

  1. They Offer Illegal Cash Gifting

Do you know why Philippines securities ban Foresages?

Cash gifting, you are right!

They are careful about this scheme as they have already experienced such scenarios.

Smart contract technology is not enough to secure the safety of potential investors like you.

So a good word I can say, stop investing money and time dear. It’s not worth it.

Is Forsage A Scam?

Forsage Scam

So, is Forsage a scam? Not technically. You can make money with this program, but it’s definitely not as easy as the company makes it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual commissions are pretty small.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months and then your reward is a $50 commission, it’s not really worth it.

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Real Estate

And, unlike an MLM, you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - SAYING GOODBYE TO OUR JOBS

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.

Are There Alternatives To Forsage?

Yes, there are plenty of MLM companies to choose from if you want to pursue this business model.  Here are just a few:

What Is My Top Recommendation In Making Money Online In 2022?

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Real Estate is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.

TESTIMONIAL - JUMP ALL IN

2) You Own & Control EVERYTHING: With MLMs and Network Marketing, you don’t really own anything. You have no control over the quality of products. You don’t even own your “team”.
Look at the fine print for most of the agreements folks sign when they join one of these companies. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.

TESTIMONIAL-FEELING-BLESSED

3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL-SCOTT-LEAD-GEN

4) No Inventory: Alright, so most MLMs don’t make you buy the products and fill your garage with them anymore (unlike the good ol’ days), but you’re still in a physical products business.

And physical products always have physical limitations. Even if you don’t have to manage the inventory, you still have to deal with supply chain shortages that cause major delays.

Imagine finally landing your first customer, and then losing them after one sale because they had to wait 6 weeks to get their order.

With Digital Real Estate, a 100% online business, you never even have to think about that risk.

TESTIMONIAL - ANNA DONE DEAL

5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with an MLM, you’d have to double your customers OR double the average order size of your existing customers. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - LANCE LEAD GEN

6) Make Money Helping Real People: This part is what makes it all worth it. In an MLM, your “upline” might convince you that what you’re selling improves people’s lives, but deep down, you likely know that’s not true.

Most of the time, you’re either selling a dream or a poor-quality, overpriced product with a fancy label.

And that makes it pretty hard to sleep at night.

But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

TESTIMONIAL-BOSS-OF-MY-FUTURE

Now, the choice is yours.

You could continue browsing, looking at opportunities like Forsage which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.

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