My Cash Pool Review – Legit Company or Big Scam?
Welcome to My Cash Pool Review!
With so many new MLM companies starting up almost daily, it can be hard to determine which ones are legit and which ones aren’t.
So how can you make sure your hard-earned money is in good hands?
Research as much as you can to learn everything there is to know about the company!
My review will give you all the information you need about the company, the products and the compensation plan.
Keep reading to learn all about My Cash Pool!
My Cash Pool Review – The Company
So the first piece of information I came across was on the My Cash Pool website, which lists Ashish Raja as owner of the company.
Based out of India, Raja spent last year promoting the Fort Ad Pays, Triple Threat Marketing, My Paying Ads and Ultimate Revshare opportunities.
As of today, My Paying Ads is the only company still running.
My Cash Pool Reviews – The Products
My Cash Pool does not offer any retail products or services.
Affiliates who sign up with My Cash Pool can only market and sell the affiliate membership.
I will explain how this company actually works next…
How MyCashPool Works
The MyCashPool a global peer-to-peer donation network.
They are a community of people looking for financial backing in the projects, but what I noticed is a lot of companies are taking this route and never seen a single project come out of them…
Maybe My Cash Pool will be different? Well keep reading and let’s find out…
My Cash Pool Compensation Plan
Affiliates who want to participate in the My Cash Pool compensation plan must donate bitcoin to each other through a 2×10 matrix.
The My Cash Pool 2×10 matrix puts an affiliate at the top of a matrix that has 2 positions immediately under them.
These first 2 positions make up the first level of the matrix and the second level is made by adding another 2 positions under each of the first two, for a total of 4 positions.
The remaining levels (3-10) are made the same way, with each new level holding twice as many positions as the level above it.
Affiliates start out by donating 0.02 BTC to the affiliate who sponsored them, which then qualifies them to earn their own 0.02 BTC donation from the 2 sponsored affiliates who are placed in the first level of their matrix.
The rest of the payments through the remaining 9 matrix levels work the same way, with the only difference being the amounts that are donated:
- Level 1 – Donate 0.02 BTC to the affiliate who recruited you and receive 0.02 BTC from two subsequently recruited affiliates
- Level 2 – Donate 0.03 BTC and receive 0.03 BTC from four affiliates
- Level 3 – Donate 0.05 BTC and receive 0.05 BTC from eight affiliates
- Level 4 – Donate 0.2 BTC and receive 0.2 BTC from sixteen affiliates
- Level 5 – Donate 1 BTC and receive 1 BTC from thirty-two affiliates
- Level 6 – Donate 2 BTC and receive 2 BTC from sixty-four affiliates
- Level 7 – Donate 4 BTC and receive 4 BTC from one hundred and twenty-eight affiliates
- Level 8 – Donate 8 BTC and receive 8 BTC from two hundred and fifty-six affiliates
- Level 9 – Donate 16 BTC and receive 16 BTC from five hundred and twelve affiliates
- Level 10 – Donate 32 BTC and receive 32 BTC from one thousand and twenty-four affiliates
Cost To Join My Cash Pool
The cost to join My Cash Pool as an affiliate is a 0.02 BTC donation payment to the affiliate who sponsored you.
Verdict on My Cash Pool
So many “cash gifting” businesses out there…
And this one is no exception…
Again we see another company that has no real products or services….
Nothing of substance to offer their affiliates…
This company is purely based on recruitment and payments only increase if recruitment increases…
So what happens when the recruitment pool dries up?
The cash flow stops…
So, if you do choose to join this company, keep that in mind…
I hope you enjoyed My Cash Pool review, and if you have any questions, please leave them in the comments below…
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