The Travel Party: Is TTP Cryptocurrency MLM Business Legit?
The Travel Party is a multilevel marketing company that aims to combine traveling with cryptocurrency. Find out how it works today in our review.
What Is The Travel Party?
The Travel Party, found online at TheTravelParty.com, is a multilevel marketing company (MLM) created by CryptoKingdom. The company seeks to combine cryptocurrency with travel. The opportunity is being advertised as a combination of “two trillion dollar industries.”
“By combining our love for adventure and travel with the future of cryptocurrency, The Travel Party has created an industry first product and business opportunity where everyone wins.”
By “everyone wins”, we assume that The Travel Party claims everyone can expect to earn a profit after joining the company.
Is The Travel Party yet another MLM doomed to fail? Or is this an incredible business opportunity? Let’s take a closer look at how The Travel Party plans to help its members get rich quick.
How The Travel Party TTP Cryptocurrency MLM Business Works
The Travel Party promises to pay affiliates and customers to travel the world. However, it’s not really clear where the money comes from or how The Travel Party can afford to pay all its members to travel.
The company appears to offer two core services:
- A travel club where you can get discounts on flights, hotels, car rentals, and more
- An educational platform that teaches you how to “run your own business”, which basically consists of sharing with your friends to join the MLM and pay the membership fee
Overall, The Travel Party seems to function like most multilevel marketing companies. You pay a fee to join, then pay ongoing subscription fees. Your fees get funneled through your upline to the top of the organization.
It’s unclear where The Travel Party gets its travel discounts and deals. However, they make ridiculous claims about the amount of money travelers can save. The Travel Party claims to offer discounts of “up to 70% off of even the lowest prices found online or through a travel agent.”
Some of the specific benefits of The Travel Party membership include 40% discounts on cruises, $99 week-long vacations, discounted tickets, and 70% discounts on hotels.
The Travel Party Membership
There are two introductory membership options with The Travel Party. If you don’t want to pay the membership fee, then you’ll be an “affiliate”. You won’t be able to access most features of the platform or interact with it, nor will you be able to make any discounted bookings. However, free members can earn shares in the “Freedom Bonus Pool”. You’ll receive a kickback if you convince other people to pay the membership fee.
If you do want to pay the membership fee, then you will become a “Member”, at which point you can access some features of the company’s booking engine.
There’s a higher membership tier called “VIP Member” where you get full access to the booking engine and other benefits.
It appears membership is priced at around $300 to $500. In one video, we see someone paying 3.6 LTC to join, or around $450 at current prices.
In an introductory video showcasing The Travel Party, a presenter claims a member with a team of 39 people can expect to earn $5400 per month. You can see this claim at the 14:00 minute mark of the video along with a very obvious picture of a pyramid-shaped commission structure.
How Does The Travel Party Use Cryptocurrencies?
Why are we talking about a multilevel marketing business on a cryptocurrency news blog? The Travel Party claims to combine two enormous industries, including travel and cryptocurrencies.
How Exactly Does The Travel Party Use Cryptocurrencies?
The company accepts membership payments in cryptocurrencies. When you visit the official website, you’ll be directed to an online payment platform that accepts cryptocurrencies.
Your commissions will also be paid in cryptocurrencies.
Aside from using crypto as a payment method, The Travel Party doesn’t appear to have plans to use blockchain technology or other cryptocurrency features.
The Travel Party Conclusion
The Travel Party is a multilevel marketing company that claims to offer 70% discounts on travel packages. The company also claims to pay you to travel and that affiliates can expect to earn profit after paying the membership fee.
In reality, The Travel Party seems to be a straightforward membership-based multilevel marketing company. The goal is to share the opportunity with as many people as possible to pay the $300 to $500 joining fee (paid in crypto).
Ultimately, The Travel Party launched online on May 20, 2018. It’s unclear how long this business will last. In any case, you can decide for yourself if you want to join The Travel Party by visiting the company online today at TheTravelParty.com.