W10X Review – Legit Company or Just Another Scam? Find Out Here…
Welcome to my W10X Review!
Chances are you’re here to determine whether this business is the right fit for you and your money.
Maybe you were approached by someone on social media and now you’re wondering whether it is a legit biz opportunity or not?
Well, have no fear! In this post, I will walk you through the company, products and compensation plan so you can make the right decision on whether or not to join this venture.
W10X Review – The Company
After doing a bit of digging online, I was able to find that the website domain was registered privately as “w10x.co” on the 20th of April in 2017.
From what I could gather off their website, this company is based on wealth building…
Don’t understand what that is?
They provide basic training for network marketing, real estate and more for people who are not professionals in the business.
This is a snippet form their website:
“The W stands for Wealth. 10X stands for 10 times accelerated. [You can now] get paid in real time. As soon as a sale is made, whether by you or a member of your down line, all commissions and bonuses are paid directly to you within minutes.”
Unfortunately, I couldn’t find any information about who the owners or operators of the company are…
So, let’s just move onto the nitty-gritty of this venture!
W10X Reviews – The Products
Unfortunately, W10X doesn’t have any services or products for affiliates to sell for retail, but they can market affiliate membership itself.
However, W10X membership allows access to specialized “wealth coaching” and cryptocurrency “E-Learning” courses.
The W10X Compensation Plan
Affiliates who want to participate in the company compensation plan are required to sign up and start investing into the company.
For each person who signs up and pays $99 in fees, a $100 commission is paid out to the affiliate who sponsored them.
Unfortunately, the company does not state where the additional $1 to pay the $100 commission is sourced from.
Residual Recruitment Commissions
W10X pays out residual recruitment commissions through a 1-up/3-up structure and is tracked with a unilevel compensation model.
The unilevel compensation model puts an affiliate at the top of a unilevel team that places any personally sponsored affiliate on level 1 right underneath the original affiliate.
If any level 1 affiliates sponsor new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates sponsor new affiliates, they are placed on level 3 and so on and so forth down the ladder.
With this unilevel compensation model, sponsored affiliates are either classified as direct or pass-up based on the order in which they were sponsored.
Commissions that are accrued from the 2nd, 4th and 6th affiliates are passed on to the affiliate who sponsored them.
After the 6th affiliate, the same model is applied, but now utilizes a 3-up model.
This means commissions generated from the 10th, 14th and 18th affiliates are passed up to the sponsoring affiliate.
The original affiliate retains all commissions from the other affiliates in between those numbers.
Commissions generated are based on the base-level $99 fee and four-tiers of increased fees.
- Wealth Builder Coaching ($99 a month) – $50 monthly residual commission
- PW1 ($200) – $100 one-time commission
- PW2 ($400) – $200 one-time commission
- PW3 ($800) – $400 one-time commission
- PW4 ($1600) – $800 one-time commission
Note: PW1 to PW4 affiliates must “qualify” for commissions. They can do this by either buying in or passing a sale up to a sponsored affiliate.
Affiliates who are sponsored and not “passed-up” must pass-up their sponsored affiliates using the same 1-up/3-up model.
Profit sharing is based on commissions earned by personally sponsored affiliates, which usually rounds off to a base of $100.
These commissions must be earned by personally sponsored affiliates who are passed up.
A Profit Sharing share is accrued when any affiliate who is passed up earns a $100 commission.
You can increase the amount of shares generated per $100 commission earned by their downline, by meeting the following W10X affiliate rank criteria:
- Silver (sponsor two affiliates who each sponsor two affiliates) – 1 share per $100 in downline commissions
- 1 Star Gold (sponsor six affiliates who each sponsor two affiliates) – 2 shares per $100 in downline commissions
- 2 Star Gold (personally sponsor at least two 1 Star Gold or higher ranked affiliates) – 3 shares per $100 in downline commissions
- 3 Star Gold (personally sponsor at least three 1 Star Gold or higher ranked affiliates) – 4 shares per $100 in downline commissions
- 4 Star Gold (personally sponsor at least four 1 Star Gold or higher ranked affiliates) – 5 shares per $100 in downline commissions
- 5 Star Gold (personally sponsor at least five 1 Star Gold or higher ranked affiliates) – 6 shares per $100 in downline commissions
These commissions are earned by passed up affiliates.
Infinity Check Match
Once I started digging deeper into this company, I found out that W10X pays an Infinity Check Match using a “2 by infinity structure”.
Still confused? Don’t worry, I’ll explain!
It starts off with two positions on the first level, kind of like a web.
The first level of the matrix holds 2 positions, the second level holds 4 positions, and this continue on with the same pattern.
Seems easy enough, right?
When an affiliate signs up they are placed in this matrix web, where they then earn a percentage match on each fee tier (PW1 to PW4) like this:
- Silver – 10% Infinity Check Match on personally recruited affiliates)
- 1 Star Gold – 8% down to the next Gold affiliate in the matrix
- 2 Star Gold – 8% down two generations of Gold affiliates
- 3 Star Gold – 8% down three generations of Gold affiliates
- 4 Star Gold – 8% down four generations of Gold affiliates
- 5 Star Gold – an 8% Infinity Check Match on the entire affiliate-base below you in the matrix
These percentages are from the commissions paid out on PW1 to PW4 fee payments ($100 to $800).
Cost To Join W10X
According to my research, a W10X affiliate membership is $40 and then $19.95 a month.
Commission qualification is related to the purchase or sale of:
- Wealth Builder Coaching – $99 a month
- PW1 – $100
- PW2 – $200
- PW3 – $400
- PW4 – $800
An affiliate has the choice to either purchase one of the membership tiers above or they can choose to pass up one affiliate sale at each tier, after which they can start earning on their second sale onward.
Verdict on W10X
So, as we come to the end of my research, let’s get into what I really think of this company.
Frankly, this company seems to be more of a Ponzi scheme than a legitimate opportunity, mostly because there are many gaps in their ‘matrix’ structure that leaves me wondering…
The company refers to something called “Power Codes”, which is simply a code for recruitment commissions.
And since the only real product they seem to offer are “learning courses”, I wouldn’t necessarily know if returns are high…
It almost seems as if they are trying to make up for the increased fee payments by offering tiers with ‘bundles’ that are not fully known by affiliates.
And unlike Costco, the “no refunds” policy will leave you high and dry with fee payments that are simply used to pay for direct and indirect recruitment.
Somehow, it seems as if this business is too heavily dependent on running a service that has no guarantee for its members.
And so for that ultimate reason, I would just say to be careful and do your own research on their website before making your ultimate decision on how to spend your money…
I hope you enjoyed my W10X Review and if you have any questions, please leave them in the comments below…
My #1 Recommendation
If you are struggling online and want to finally succeed with actual training, tools and mentorship to get you there…
The best part is you don’t have to recruit a single person which is insane 🙂
Plus there is a refund guarantee, so there is no risk.
Test it out for yourself below…
You will thank me later 🙂
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