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Freebay Review (2024 Update): Everything You Wanted To Know!

By: JosiahDec 08, 2023Network Marketing
Freebay Review ([year] Update): Everything You Wanted To Know!

If you're searching for an unbiased FreeBay review, you've come to the right spot!

I decided to check into FreeBay because there was a lot of talk about Karatbars and Freebay, and I wanted to know what was happening.

I'm going to spend some time reviewing the company's information, products, and compensation plan to see how it works and what they offer.

I'll also provide you with my final assessment and suggestion regarding the company based on all I find out, so make sure you stay around until the end.

With that said, let's get started and see what Freebay has to offer!

DISCLAIMER:

This Freebay review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

PROS
  • Nothing in particular
CONS
  • Owner is not disclosed
  • Expensive membership fee
  • Potential Pyramid scheme

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

Chances are you heard about Freebay 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!

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 Freebay 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. (medsmarter.com) ”

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 Leasing.

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 Freebay, keep reading.

What Is FreeBay?

What Is FreeBay

Freebay is an MLM company established on June 2020. Its CEO is Jürgen Pulvermüller, who also serves as the Head of Global Sales for another MLM company named Karatbars.

As previously stated, Freebay is a rehash of an MLM company, which is, once again, Karatbars.

While there is no direct reference to Harald Seiz, the owner of Karatbar, it is referred to as a “partner.”

Freebay Products

Freebay Products

Freebay has no retail merchandise, which, according to the FTC, is a red flag. This is one common trait of pyramid schemes.

The only thing available is membership. This implies that in order for you to profit from it, you must recruit individuals and persuade them to join the membership program.

According to the FTC, one typical feature of Ponzi schemes is that they promise participants substantial gains via recruiting. Because there are no retail sales of physical or digital things, this is the only source of revenue.

The issue here is that if recruiting ceases, so does revenue. It is not stable, and when this occurs, the persons in charge typically close the company without paying its members.

Training Tools And Support

Training Tools

Freebay members get access to “Freebay Academy.”

It’s a video collection with a variety of subjects including social networking, crypto trading, and more. “Trader Academy,” a nine-lesson program for Freebay affiliates, is also available.

How Can You Make Money With Freebay?

How Can You Make Money With Freebay

There is just one method to generate money here, and that is to advertise a Freebay membership that is linked to recruiting.

You only get rewarded if someone you recruit invests in Freebay’s cryptocurrency or if your recruit invites individuals who invest.

Freebay compensation plan is a bit complicated, but here are Freebay’s affiliate ranks:

  • One Star Sapphire
  • Two Star Sapphire
  • Three Star Sapphire
  • One Star Emerald
  • Two Star Emerald
  • Three Star Emerald
  • One Star Ruby
  • Two Star Ruby
  • Three Star Ruby
  • One Star Ruby
  • Two Star Ruby
  • Three Star Ruby
  • One Star Diamond
  • Two Star Diamond
  • Three Star Diamond

Aside from commissions, Freebay also gives daily investor bonus, generation bonus, and matching bonus.

How Much Does It Cost To Join Freebay?

How Much Does It Cost To Join Freebay

Another warning sign with Freebay is the large investment.

You may join for free, but you won’t be able to make a commission unless you are prepared to pay for a membership, such as:

EVO Academy costs €50 per month or €480 per year.

EVO Expert costs €190 per month or €1,820 per year.

EVO Life costs €480 per month or €4,600 per year.

That is around $58 per month or $561 per year for the EVO Academy. The caveat is that the higher your membership level, the larger the commissions.

If you have extra money, would you really spend it on a new program that is purportedly a rebrand of an old scam? I’m sure you don’t want to lose money.

Is Freebay A Ponzi Or Pyramid Scheme?

Is Freebay A Ponzi Or Pyramid Scheme

Again, it’s too early to speculate, but the way it operates suggests a pyramid scheme.

The apparent reason is that recruiting is the only source of money.

You invite someone and urge them to do the same; then you ask your downline to do the same for their downline, and so on. Thus, it is a pyramid scam.

Furthermore, since they are selling V999 as an investment or a source of passive income, it should be registered with authorities. Otherwise, the brand is defrauding customers, and what happened to Karatbars may also happen to Freebay.

To be clear, Freebay has failed to register with authorities, so in addition to the danger of losing your money, becoming a member may get you in hot water.

Is Freebay A Scam?

Scam Or Legit

So, is Freebay 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 Leasing.

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

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 Leasing.

Are There Alternatives To Freebay?

alternatives

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 For Making Money Online In 2024?

Digital Leasing

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 Leasing 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 Leasing 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 Leasing 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.
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 Leasing, you own the assets, which means you have all the power and all the control.

Feeling Blessed

3) Little To No Startup Costs: It’s possible to get into Digital Leasing 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.

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 Leasing, a 100% online business, you never even have to think about that risk.

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.

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 Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, 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 Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

BOSS OF MY FUTURE

Now, the choice is yours.

You could continue browsing, looking at opportunities like Freebay 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 Leasing.

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 Leasing.

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