MoneyTime supplies no info on its web site about who owns or runs the corporate.
MoneyTime’s web site area (“moneytime.io”) was first registered in August 2020. The personal registration was final up to date on Might tenth, 2021.
I believe whoever is operating MoneyTime is working from India.
That is based mostly on most of MoneyTime’s advertising being executed by Indians. Alexa additionally at the moment ranks India as the highest supply of visitors to MoneyTime’s web site at 36%.
Canada is the one different notable supply of visitors at 25%.
As all the time, if an MLM firm shouldn’t be overtly upfront about who’s operating or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
MoneyTime’s Merchandise
MoneyTime has no retailable services or products, with associates solely capable of market MoneyTime affiliate membership itself.
MoneyTime affiliate membership supplies “entry to a whole bunch of video programs”.
MoneyTime’s Compensation Plan
MoneyTime associates buy memberships:
- ARP5 – $5
- ARP20 – $20
- ARP100 – $100
- ARP300 – $300
- ARP500 – $500
Excluding ARP5, every membership buy pays an “ongoing revenue share”.
MoneyTime doesn’t present particulars on how frequent returns are paid.
Be aware that returns are paid so long as MoneyTime associates proceed to pay a further $10 weekly payment.
The MLM aspect of MoneyTime pays on recruitment of latest associates.
Referral Commissions
MoneyTime associates obtain a referral fee on recruitment of associates.
How a lot of a referral fee is paid out is set by how a lot a recruited affiliate spends in charges:
- recruit an ARP5 affiliate and obtain 50 cents
- recruit an ARP20 affiliate and obtain $2
- recruit an ARP100 affiliate and obtain $10
- recruit an ARP300 affiliate and obtain $30
- recruit an ARP500 affiliate and obtain $50
Matching Bonus
MoneyTime pays a Matching Bonus on earnings by personally recruited associates.
Matching Bonus charges are decided by the next qualification standards:
- Bronze (recruit not less than one affiliate) – 25% Matching Bonus
- Silver (recruit not less than 5 associates) – 50% Matching Bonus
- Gold (recruit not less than ten associates) – 100% Matching Bonus
Be aware that so as to rely in the direction of the Matching Bonus, recruited associates should be paying their weekly $10 payment.
MoneyTime Infinity Plan
MoneyTime’s Infinity Plan seems to be shuffling round of $5 funds throughout a unilevel workforce.
The reason of the bonus is fairly poor and the way the funds are shuffled round isn’t actually defined:
Becoming a member of MoneyTime
MoneyTime affiliate membership is $10 every week plus a membership tier buy:
- ARP5 – $5
- ARP20 – $20
- ARP100 – $100
- ARP300 – $300
- ARP500 – $500
The first distinction between the 5 tiers is earnings potential.
Conclusion
MoneyTime started as a easy five-tier 4×1 matrix cycler.
That appears to have collapsed and so now it’s simply an ordinary “revenue sharing” Ponzi scheme.
MoneyTime claims it generates exterior income through a “managed buying and selling account”.
In mild of the Ponzi cycler reboot, that appears unlikely.
Whereas a cycler ties funds to filling up of a matrix, “revenue share” lets MoneyTime’s admin shuffle funds round as they see match.
Funds coming in through recruitment might be stretched thinly throughout all associates, or manipulated for selective funds.
There’s additionally some $5 a ticket lottery nonsense, which MoneyTime claims
can attain a high prize of $200,000 every day for MULTIPLE individuals!
No additional particulars are supplied. Based mostly on basic math although, it must be apparent that the possibility of even one particular person successful a $200,000 lotto month-to-month in MoneyTime is slim to none.
The remainder of MoneyTime’s compensation plan is pyramid recruitment.
Hilariously, MoneyTime claims to have
an especially distinctive coded fee plan that took 20 years to design. It pays out on limitless width and depth, but maintains to be a single-level associates program, somewhat than an MLM scheme.
I imagine this pertains to the Infinity Plan, which is so sophisticated MoneyTime don’t even trouble to adequately clarify it.
Someday one thing $5 funds are shuffled round. I can inform you what determines how $5 funds are shuffled round didn’t take 20 years to give you.
Having already collapsed as soon as, MoneyTime will once more collapse when recruitment tanks.
The mathematics behind MLM Ponzi schemes ensures that once they collapse, the vast majority of contributors lose cash.
Replace thirteenth March 2022 – A reader within the feedback under has knowledgeable me MoneyTime has ditched its $10 weekly in favor of a $10 annual payment.
I imagine the identical qualification standards is tied to the payment, topic to annual renewal.