iThrive Network provides no information on their website about who owns or runs the business.
The iThrive Network website domain (“ithrivenetwork.net”) was privately registered on June 4th, 2018.
From what I can gather iThrive Network is a reboot of the collapsed iPro Network scheme.
iPro Network launched in early 2017 and was attached to the ProCurrency altcoin (PROC).
iPro Network offloaded pre-generated PROC onto its affiliates, on the usual promises of riches.
On the MLM side of things, iPro Network paid commissions on recruitment of new affiliate investors.
In true MLM altcoin fashion PROC pumped upon its initial listing in late April 2017. PROC peaked at an all time high of 35 cents toward mid July.
This was followed by a sharp decline beginning August, with PROC currently trading at .06 cents (that’s 0.06 actual cents, not 6 cents).
By mid 2018 iPro Network itself had collapsed. In a desperate bid to keep the company going the association was PROC was abandoned (typical MLM altcoin exit-scam).
It was around this time that iThrive Network was announced.
Note that although iPro Network has been abandoned, for some reason the company’s website is still up.
In our
March 2017 iPro Network review
we noted Armando Contreras cited as CEO of the company.
Based on the lack of verifiable information provided on Contreras, we weren’t sure he actually existed.
We’re still not sure and iThrive Network’s website being devoid of executive information doesn’t inspire confidence.
A video titled “iThrive Launch Update 7-28-2018” was uploaded to the official iPro Network Vimeo channel on July 30th, 2018.
In the video Daniel Pacheco (right) is identified as “the president of the company”.
On his personal Facebook profile, Pacheco identifies himself as “President (organization) at iProNetwork”.
Pacheco appears to have been involved with iPro Network either from launch or from very early on.
Prior to iPro Network and iThrive Network, Pacheco was promoting the
Lucrazon Global
Ponzi scheme:
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
iThrive Network Products
There are no retailable products or services listed on iThrive Network’s website.
iThrive Network affiliate membership provides access to the following course packages:
Facebook mastery training
Amazon dropshipping course
cryptocurrency trading platform
e-commerce mastery
iThrive Network Compensation Plan
iThrive Network affiliates sign up for $50 and then spend $100 to $6000 on packages.
Basic – $100
Intermediate – $500
Accelerated – $2000
Advanced – $3000
eTrader – $5000
Professional – $6000
Commissions are paid iThrive Network affiliates recruit new affiliates who do the same.
iThrive Network Affiliate Ranks
There are six ranks within the iThrive Network compensation plan.
Along with their respective qualification criteria they are as follows:
Senior Consultant
🤖 Quick Answer
What is iThrive Network?iThrive Network is presented as a business opportunity platform, though public information about ownership and management is unavailable on their website. The domain was registered privately in June 2018.
What is the connection between iThrive Network and iPro Network?
iThrive Network appears to be a reboot of the collapsed iPro Network scheme, which operated from early 2017 with ties to the ProCurrency altcoin, promoting cryptocurrency investments to affiliates through MLM-style commission structures.
How did iPro Network operate?
iPro Network distributed pre-generated PROC tokens to affiliates and paid recruitment commissions. PROC initially peaked at 35 cents in mid-2017 but experienced sharp decline from August onward, characteristic of altcoin pump-and-dump patterns.
🔗 Related Articles
- SEC use Sloan’s post TelexFree activity against her
- Direct Mail Pro Review: Peter Wolfing’s 2019 pyramid scheme
- Axiome Review: AXM token Dubai Ponzi scheme
- Massachusetts charge TelexFree as “billion dollar Ponzi”
- Swiss Gold Global Review v2.0: Securities and recruitment