EZ Bitcoin Matrix Review – Legit Business or Big Scam? Find Out Here…
Welcome to my EZ Bitcoin Matrix Review!
Now chances are you may have not seen a lot of media exposure for this company or ads on Facebook or social other media, even though you may have heard of it.
As a fairly new company, it’s not surprising that you may not know much about it, so it’s a good thing you landed here on my blog!
It’s great to know that you are doing your research before you commit to something so new.
So many people jump into opportunities on feelings alone, which can be disastrous…
In this blog post, I am going to walk you through the company, the products and compensation plan so you can make the right decision to join or not…
Your official research starts now!!
EZ Bitcoin Matrix Review – The Company
There is not much info available on this company, but I did find a couple of things.
I found the company’s website offers no information about who the owner of the company is, or who’s running the daily operations.
Like I said not much available.
However, I was able to find out that on the 4th of May, 2017, the website’s domain “ezbitcoinmatrix.com” was privately registered online.
All I can do now is give you my advice, if an MLM company is not openly upfront about who is running it or owns it, think very hard about joining or handing over any cash.
So, since there isn’t much to go on here so let’s move onto the products next…
But before we do…
Here is another company I reviewed kind of in the same niche:
EZ Bitcoin Matrix Reviews – The Products
The company has no retail products or services for affiliates to purchase.
EZ Bitcoin Matrix affiliates are only able to market the affiliate membership itself.
The membership gives access to advertising credits, which can be beneficial to the affiliate because he or she can display advertising on the EZ Bitcoin Matrix website.
The EZ Bitcoin Matrix Compensation Plan
Affiliates who want to participate in the company compensation plan are required to donate bitcoin to each other through a 2×5 matrix.
A 2×5 matrix takes an affiliate and puts him or her on top of a matrix, with two positions immediately beneath them.
These two positions will form Level 1 of the matrix model and level 2 is made by dividing these two positions on Level 1 into another two positions each.
Levels 3 – 5 of the matrix model will be created the same way, where each new matrix level holds twice as many positions as the level above it.
When an affiliate joins the company and he or she donates 50¢ (cents) worth of bitcoin cryptocurrency to an existing company affiliate, it unlocks Level 1 of their own 2×5 matrix.
The 1st level of their matrix model earns the affiliate two donation payments from 2 new affiliates that were either directly or indirectly sponsored.
This unlocks Level 2 and the process is repeated.
The expected donations from Levels 1 – 5 of the company’s 2×5 matrix are as follows:
- Level 1 – Gift 50 cents to an existing affiliate and receive $1 from two subsequently sponsored affiliates
- Level 2 – Gift $1 and receive $1 from four affiliates, also generates a new level 1 position
- Level 3 – Gift $3 and receive $3 from eight affiliates, also generates a new level 1 position
- Level 4 – Gift $20 and receive $20 from sixteen affiliates, also generates 40 new level 1 positions at a rate of one per day
- Level 5 – Gift $250 and receive $250 from thirty-two affiliates, also generates 2000 new level 1 positions at a rate of ten per day
Affiliates can earn direct referral commissions which are paid out when personally sponsored affiliates cycle out of Levels 3 – 5 of the matrix:
- Level 3 – $1 direct referral commission
- Level 4 – $10 direct referral commission
- Level 5 – $500 direct referral commission
Cost To Join EZ Bitcoin Matrix
The cost to join EZ Bitcoin Matrix as an affiliate is FREE.
Although new affiliates must donate 50 cents to take part in the attached business opportunity.
In order to fully participate in the EZ Bitcoin Matrix opportunity, it will cost you $274.50.
Verdict on EZ Bitcoin Matrix
SO let’s see…
EZ Bitcoin Matrix has no retail products or services to sell to retail customers…
And they are donating/gifting money to members…
Does that sound legit to you honestly?
This looks like another fly by night company that probably won’t be here in a few months.
The biggest red flag is that we don’t know who is running the business and can’t hold them accountable if it does go under…
You see where I am getting at?
I hope you see my point of view here.
I hope you enjoyed my EZ Bitcoin Matrix review and if you have any questions or concerns please leave them in the comments below…
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