Present Of Legacy fails to offer firm possession info on its web site.
In truth as I write this, Present Of Legacy’s web site is nothing greater than a video placeholder with a launch timer.
The corporate nonetheless is being actively marketed on social media.
Present of Legacy’s official YouTube channel was created in January 2021.
Movies began to seem on the channel a month in the past. These featured within the movies principally have South African accents.
The primary webinar was streamed on Present Of Legacy’s YouTube channel on October twelfth.
Ringleaders operating the present are Chris Hattingh and Candice Donadel.
Chris Hattingh is a former Mirror Buying and selling Worldwide promoter.
Mirror Buying and selling Worldwide was a South African Ponzi scheme that collapsed in October 2020.
South African authorities confirmed a Mirror Buying and selling Worldwide investigation in December 2020. Virtually a 12 months later nothing has publicly come of it.
Candice Donadel used to run a hair salon. Now she thinks she’s an “earth wizard” and posts whacky conspiracy theories on social media.
In a Might 2021 advertising video for Elite Inc., Donadel explains what occurred;
[0:30] I went by plenty of workers as a result of no person bought as busy as I did. And I simply wasn’t in a cheerful house.
After which someday I slipped within the salon and utterly damage my again. I used to be rendered completely ineffective.
So I had three weeks off the place I couldn’t do any hair … and that’s how I came upon about Niel’s course – simply from being flat on my again and searching on FaceBook.
Donadel fell down the Fb boomer conspiracy rabbit gap, Elite Inc. didn’t work out and right here we’re with Present Of Legacy.
Regardless of showing to be in prelaunch, in a latest November eleventh Present Of Legacy webinar, presenter Petra Laranjo claims she was recruited by Angela Kilian in January 2021.
Later within the webinar Petra references a “precursor program from 2009”.
This piqued my curiosity however I wasn’t capable of hyperlink something conclusively.
In any occasion, it’s clear Present Of Legacy has already launched and was actively recruiting as early as January 2021.
Replace seventeenth November 2021 – Present Of Legacy’s precursor was Kindred Hearts.
Chris Hattingh claims Kindred Hearts was being run by an nameless eighty-three 12 months previous lady from America.
Hattingh and Donadel declare Belinda Bryandt was their contact at Kindred Hearts.
Bryandt allegedly booted Hattingh and Donadel out of Kindred Hearts as a result of they weren’t from the US.
Present Of Legacy’s web site area was registered in July 2021.
Chris Hattingh and Candice Donadel introduced Present Of Legacy’s launch on September twenty eighth. /finish replace
Learn on for a full overview of Present Of Legacy’s MLM alternative.
Present of Legacy’s Merchandise
Present of Legacy has no retailable services.
Associates are solely capable of market Present of Legacy affiliate membership itself.
Present of Legacy’s Compensation Plan
Recruited Present of Legacy associates purchase right into a four-tier gifting scheme.
Gifting funds inside Present of Legacy are tracked through a 2×3 matrix.
A 2×3 matrix locations an affiliate on the prime of a matrix, with two positions instantly underneath them:
These two positions type the primary stage of the matrix. The second stage of the matrix is generated by splitting these two positions into one other two positions every (4 positions).
Degree three of the matrix is generated in the identical method and homes 8 positions.
When a Present of Legacy associates buys into one of many 4 tiers, they’re positioned on the prime of a corresponding 2×3 matrix.
Positions within the matrix are stuffed through subsequent gifting funds. When all positions are stuffed a “cycle” is triggered.
The primary cycle at every matrix tier triggers funds and era of latest positions as follows:
- Bronze (positions price $100) – $300 in gifting funds, generates a brand new Bronze place plus entry into the Silver matrix tier
- Silver (positions price $400) – $1200 in gifting funds, generates a brand new Silver place plus entry into the Gold matrix tier
- Gold (positions price $1600) – $6200 in gifting funds, generates a brand new Gold place plus entry into the Platinum matrix tier
- Platinum (positions price $5000) – $35,000 in gifting funds and generates a brand new Platinum matrix tier place
Subsequent cycles don’t must generate larger cycler tier positions and so pay out extra in gifting funds:
- Bronze – $700 in gifting funds and generates a brand new Bronze place
- Silver – $2800 in gifting funds and generates a brand new Silver place
- Gold – $11,200 in gifting funds and generates a brand new Gold place
- Platinum – $35,000 in gifting funds and generates a brand new Platinum place
Be aware that as a result of Platinum is the best tier, first and subsequent cycle gifting funds are the identical.
Becoming a member of Present of Legacy
Present of Legacy affiliate membership is tied to a $100 gifting fee.
Gifting funds inside Present of Legacy are made through PayPal, Smart, financial institution switch or cryptocurrency.
Present of Legacy Conclusion
Present Of Legacy’s advertising shtick is “an unbelievable algorithm”. The algorithm supposedly ensures “everybody can experience the board of abundance”.
That is in fact baloney; Present Of Legacy is an easy matrix-based gifting scheme.
Matrix-based gifting schemes are much less widespread now (many of the scammers have moved onto crypto), however have been a dime a dozen 5-10 years in the past.
Fixed recruitment is required to maintain a gifting scheme afloat. This combines gifting with a pyramid scheme mannequin.
When recruitment inevitably collapses, so too does the gifting scheme.
Being a matrix-based gifting scheme, Present Of Legacy’s collapse might be preceded by its matrices stalling.
As soon as sufficient matrices have stalled, that’s the tip of the rip-off.
On the numbers facet of issues you may have $100 moving into and $42,700 popping out. Extra cycles pull out much more funds.
With out accounting for added cycles, the maths behind Present of Legacy is already ridiculous.
One particular person wants 427 $100 gifting funds to withdraw throughout all 4 tiers. These 427 individuals want 427 $100 gifting funds every, they want 427 $100 gifting funds every and… fairly quickly you’re numbers operating into the billions.
That’s clearly not going to occur, and so the stage is about in your typical MLM gifting scheme collapse.
As with all MLM gifting schemes, the first beneficiaries are these operating them.
With Present of Legacy that’d be Chris Hattingh and associates.
This switch of cash takes place by a number of preloaded admin positions.
These positions cycle first and thru these cycles, suck up the vast majority of gifted in funds on the larger gifting tiers.
To ensure that that to occur, the vast majority of Present Of Legacy individuals should lose cash.
And that’s precisely how each MLM gifting scheme performs out.
That is fundamental math. Anybody telling you in any other case is, knowingly or in any other case, mendacity to you.
Present Of Legacy is at the moment scheduled to relaunch on November twentieth:
These selling Present Of Legacy are actively concentrating on these financially impacted by the COVID-19 pandemic.
Apparently additional ruining them financially by a gifting rip-off is one way or the other serving to.
Replace eighth December 2021 – Regardless of promising an “official confirmed” launch in late November, Present of Legacy nonetheless hasn’t launched.
A go to to Present of Legacy’s web site at this time reveals any point out of a launch date has been eliminated.
As a substitute the web site now states “launch to be introduced… quickly”.
Movies discussing the late November launch have been deleted from Present of Legacy’s YouTube channel.
A kind of movies was cited and linked to on this overview. As such I’ve needed to disable the beforehand accessible hyperlink.