Unveiling the truth behind MLM companies can often be a daunting task, primarily due to the lack of transparency these companies offer. One such company that has been under scrutiny recently is Matrix Win. This article will provide an extensive review of this entity, delving into its origins, operations, and the potential risks involved.
Matrix Win
Matrix Win’s online presence began with the website domain ‘matrix.win’, which was privately registered on June 23rd, 2023. Despite offering investment opportunities, the company fails to provide any substantial information about its ownership or executive team.
How exactly does a Ponzi scheme operate?
An investment fraud known as a Ponzi scheme draws investors with claims of great returns and no risk but fails to invest the money as stated. Instead, it pays off earlier investors with money from future investors while maybe keeping a portion of the profits. These schemes typically fail when recruiting investors becomes challenging or when multiple investors attempt to cash out. They depend on a steady flow of new buyers to operate. They are called after Charles Ponzi, who ran a similar scam using postal stamps in the 1920s.
Interestingly, Matrix Win’s website footer includes links directing to another MLM company, BNB Matrix. The latter’s website (‘bnbmatrix.live’) was privately registered earlier than Matrix Win, on May 9th, 2023. BNB Matrix was known for its BNB matrix-based Ponzi scheme.
The similarities between the two companies suggest a potential connection, with Matrix Win possibly functioning as a reboot of BNB Matrix. Always exercise caution when interacting with MLM companies that aren’t transparent about their leadership or ownership.
We look at 34 different data points when analyzing and rating online money-earning opportunities. Once the research on these data points is submitted, expert contributors reach out to the company’s customers and associates to get more insight into their operation. Finally, all the collected information is presented in the form of this expert review.
All the data is extracted from publicly available information and the sources are given in the transparency section at the bottom of every report.
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Product Offering, or Lack Thereof
Matrix Win does not offer any tangible products or services. Instead, affiliates can only market and sell Matrix Win’s affiliate membership.
The Compensation Plan of Matrix Win
The compensation plan of Matrix Win is convoluted and unclear. Although it references BNB in the backoffice, there seems to be an introduction of their own token.
The details of this “matrix” token are not provided, but it’s assumed to be a BEP-20 token given the BNB references. The exchange rate of this token also remains undisclosed, leaving its internal value a mystery.
The Matrix Structure
Matrix Win operates on a five-tier 2×5 matrix cycler. An affiliate is placed at the top of the matrix with two positions directly underneath.
These two positions form the first level of the matrix. The second level is generated by dividing these two positions into another two positions each (4 positions). This process is repeated for levels three to five, with each level housing twice as many positions as the previous one.
The cost to buy into Matrix Win’s matrix tiers are as follows:
- Tier 1 – 50,000 tokens
- Tier 2 – 100,000 tokens
- Tier 3 – 400,000 tokens
- Tier 4 – 800,000 tokens
- Tier 5 – 1,600,000 tokens
Matrix Win’s Commission Structure
After buying into one of the matrix tiers, positions are generated through the direct and indirect recruitment of affiliates who buy-in. Commissions are then paid out as a percentage of the buy-in on each tier:
- Level 1 (2 positions) pays 30%
- Level 2 (4 positions) pays 20%
- Level 3 (8 positions) – 10%
- Level 4 (16 positions) – 5%
- Level 5 (32 positions) – 5%
Of the remaining 30% of each matrix tier buy-in, 25% is retained by Matrix Win’s anonymous administrators, and 5% is distributed among all token holders.
Joining Matrix Win and Potential Risks
Joining Matrix Win as an affiliate is free. However, full participation in the income opportunity necessitates an initial token buy-in ranging from 50,000 to 1,600,000. The internal value of these tokens is undisclosed by the company.
In conclusion, Matrix Win appears to be a poorly executed Ponzi scheme reboot. Its website contains broken links, and its footer is a direct copy from the previously collapsed BNB Matrix.
The financial aspect involves new buy-ins effectively functioning as investments, with returns being paid out of subsequently invested funds. Each new investment also rewards all token holders with a 5% increase.
In addition, Matrix Win’s admins skim 25% off the top of their own token holdings. As with all MLM Ponzi schemes, when affiliate recruitment slows down, so do new investments, causing a lack of ROI revenue and eventually leading to a collapse.
Being a matrix cycler, this collapse will be evident when the majority of matrices within the cycler stall. Once enough of their matrices have stalled, an irreversible collapse is triggered.
In such cases, it’s a mathematical certainty that the majority of participants lose money. This investigation into Matrix Win serves as a warning and reminder to always be cautious and do thorough research before investing in MLM companies.
