WaraNetwork, an online advertising platform, provides no specific details about its ownership or management on its website. The company registered its domain, waranetwork.com, on May 27, 2013, but kept the registration private, obscuring the identities behind the operation.
The WaraNetwork website describes itself as an online advertising platform. It claims backing from a "financially diversified and financial services company based in the United Arab Emirate." The site states a group of social networking entrepreneurs established the platform. Their goal, according to the company, is to help networkers, low-income individuals, businesses, and experienced administrators find a "stable and steady income business."
WaraNetwork offers no retailable products or services. Affiliates market only site membership. Once a member, an affiliate buys "packages" with the promise of a daily return on investment. Five package levels exist, priced from $20 to $1000. Each package includes advertising credits for displaying ads on the WaraNetwork website.
The WaraNetwork compensation plan centers on affiliates depositing funds into one of five package levels. These range from "Start" at $20 plus $5 monthly, up to "Enterprises" at $1000 plus $200 monthly. Affiliates can invest in up to ten packages at any level. The monthly fee covers all investments made at that specific level. WaraNetwork calls its annual return "fixed income," guaranteeing 1.5% daily over 240 days each year.
This daily rate translates to annual returns as follows: a "Start" package yields $72 annually ($7.20 a month). A "Basic" package brings $216 annually ($21.60 a month). "Standard" packages offer $360 annually ($36 a month). "Platinum" packages provide $720 annually ($72 a month). "Premium" packages generate $1800 annually ($180 a month). The "Enterprises" package pays $3600 annually ($360 a month).
Referral commissions are paid on both investments and membership fees. Investment referral commissions extend six levels deep into the recruitment structure. Level 1 pays 2%, Level 2 pays 3%, Level 3 pays 3.5%, Level 4 pays 3.75%, Level 5 pays 4.5%, and Level 6 pays 7%.
Membership fee commissions pay out across a maximum of twelve recruitment levels. For the "Start" package, affiliates earn $1.00 on Level 1 and 50 cents on Level 2. "Basic" packages yield $1.50 on Level 1, $1 on Level 2, 50 cents on Level 3, and 25 cents on Level 4. "Standard" packages pay $2.50 on Level 1, $2 on Level 2, $1.50 on Level 3, and $1 on Level