Matrices are popular this year. If 2017 was the year of cryptocurrency, then this is the year of the matrix, of course if we do not count the corona virus.
That’s why I think the Forsage program deserves the most credit. Its popularity is caused by the fact that the money invested is in the MetaMask wallet all the time, which means that the owner cannot take it. Although different matrices actually represent a way of allocating funds from the ponzi scheme, here people have invested en masse. Maybe they thought this would be permanent or they just wanted to take advantage of a quick return while it was still working. But no one has managed to make a long-term stable matrix yet. Here we are talking about matrices without a physical product that has a concrete value. These are, therefore, mutual donations, advertising or educational packages and the like. Since each member should earn, and there is no external income or it is negligible, this can be solved mathematically only by redistributing funds from later investors to earlier ones. The characteristic of any such matrix is it slows down growth, sooner or later: either because most of the interested got involved, as in Forsage, or because it did not arouse enough interest, like a many of its derivatives. And the reason for their unpopularity is that the owner can change the matrix itself, or the method of distribution in own favor, through the code. Owners at Forsage could have done the same, but it wouldn’t make sense since they earn more as first members while the matrix works well.
In at first glance, the advertising space you get by buy positions is as useful as that in ppc pages. Maybe this is a bit better, because here the members who look at each other’s ads have bought something, that is, they are ready to invest.
One such ad matrix is Trxmillions. It seems quite popular as it has climbed to 58,000 on Alexa, in two months. It currently has over 17,000 members to whom it offers banner and text ad advertising in 32 packages, the cited explanation of the work follows.
“Each of our packages is split into two systems, TM1 and TM2.
TM1 is a 3×1 team/personally forced matrix system. You will receive 100% commission to your internal wallet on the first 2 position in this matrix. The third payment will go to your upline, giving you a reentry into the TM1 level that you just cycled. TM2 is a combination of Company Forced and Team forced 2×2’s. The first 5 levels of TM2 are Company Forced, meaning as members purchase into that level, they will cycle our of that level in order. Persoanl referrals do not make a difference in these first 5 TM2 levels. You will earn on the last 3 positions in this matrix. The last position in the 2nd level of the 2×2 will be paid to the next person in line looking to receive a commission in their 2×2, giving you a paid entry back into that level. TM2 levels 6 – 16 are personally/team forced levels where your referrals will follow you into each level as they upgrade. The first 10 levels of TM1 and TM2 have been combined together for easier and faster purchases.”
There are 3 types of positions in the compensation plan: one pays you, the other pays your sponsor, and the third returns you to the sponsor matrix. The payment currency is, of course, the thron via coinpainments wallet with a minimum manual withdrawal of 100 trx, for upgraded 4th level, and an automatic of 1000 trx. Level 1 enrollment was free for the first 14,000 members but it’s not too late to enroll at Trxmillions.
Unlike the above matrix which will have a shorter lifetime, Qmmatrix is the opposite example. The stake is £ 18 what returns of the first referral, and the possible win is € 250,000. Behindmlm.com described it as a ponzi that has no products or services to buy. It contains 6 matrix with 14 positions where members donate to other members. In the first comment, the owner of the page himself appears, who confirms the allegations from his biography, but rejects the possibility of fraud. The page has a simple menu on a sky blue background: home, faq, rules and user manual. The rules state that an existing member sells advertising space to a new member who has purchased a position in his matrix. Each can have 2 members and the rest are transferred to the next level. Members should upgrade when their earnings exceed the payment for the next level by 30%. Payment should be made within 7 days, and inactive members are deleted after 2 years. Assuming everyone enrolls two members a month, they would earn a quarter of a million dollars in 3 years. The program is 4 years old but I don’t think it has happened. In addition, referrals are not identified by number but by e-mail, so it is not possible to guess how many members there are at all.
The site is not very popular, it is under 5 million on Alexa, it is not on trustpilot and it probably fill very slowly. While it looks like the owner won’t steal your money, that would mean most are waiting for earnings that don’t come, but that’s the final fate of all matrices anyway.