Paytron BTC offers no details about who owns or runs the corporate on their web site.
Additional analysis reveals an official Paytron BTC YouTube channel. The video hosts three Paytron BTC advertising and marketing movies, every narrated by Johnny Ganoza.
I used to be in a position to confirm firm possession with a go to to Ganoza’s “Johnny Gan” Fb profiles:
Johnny Ganoza (proper) has appeared on BehindMLM in reference to various schemes through the years.
These embody Xtreme Professional System (2014), Common Joe Revenue System (2015), PowerPost Earnings (2015), The PLR System (2015), The $100 System (2016), Publish 2 Earnings (2017), Hustle With Us (2017), BitPayProfits (2017) and Infinity Loops (2018).
Ganoza’s schemes all have fraudulent enterprise fashions and have a tendency to break down shortly after launch.
Learn on for a full overview of the Paytron BTC MLM alternative.
Paytron BTC’s Merchandise
Paytron BTC has no retailable services or products, with associates solely in a position to market Paytron BTC affiliate membership itself.
Paytron BTC’s Compensation Plan
Paytron associates pay $40 for one place in two 2×2 matrix cyclers.
A 2×2 matrix locations a Paytron BTC affiliate on the high of a matrix, with two positions instantly underneath them.
These two positions kind the primary stage of the matrix. The second stage of the matrix is generated by splitting these first two positions into one other two positions every (4 positions).
One of many matrices a Paytron BTC affiliate buys into fills based mostly on upline/and downline recruitment. The opposite fills based mostly on company-wide recruitment efforts.
Commissions are tied to filling each matrices up.
As positions in a matrix are stuffed by way of direct and oblique recruitment, commissions are paid out.
As soon as all positions in a matrix are stuffed, a place “cycles” into the following tier of the cycler.
Each cyclers inside Paytron BTC have 5 tiers.
Cycler commissions are an identical throughout each cyclers and are paid out as follows:
- Tier 1 – $30 fee and cycles into Tier 2
- Tier 2 – $100 fee and cycles into Tier 3
- Tier 3 – $200 fee and cycles into Tier 4
- Tier 4 – $400 fee and cycles into Tier 5
- Tier 5 – $1550 fee and generates a brand new Tier 5 cycler place
Becoming a member of Paytron BTC
Paytron BTC affiliate membership prices $50.
$40 is used to fund two $20 cycler positions. The remaining $10 is an admin payment.
Be aware that every one funds inside Paytron BTC are made in bitcoin.
Conclusion
Paytron BTC markets itself as a “crowdfunding platform”.
Funds inside this platform are incorrectly known as “donations”.
What’s the min donation to start out with to get a marketing campaign heart?
A $50 donation is required to get a donation heart. $10 admin payment and $40 to get the dontion [sic] heart activated.
The distinction between professional donations and Paytron BTC is that professional donations don’t have any strings connected.
Funds inside Paytron BTC are a part of an earnings alternative. They don’t have anything to do with crowdfunding or donations.
Paytron BTC’s enterprise mannequin is that of a easy Ponzi cycler.
Associates make investments $40 in cycler positions. Cycler returns are funded by subsequent funding in positions, which is actually the definition of a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
Being a Ponzi cycler it will see matrices inside Paytron BTC start to stall.
Ultimately sufficient matrices could have stalled such that an irreversible collapse is triggered.
Johnny Ganoza, along with the $10 admin charges he skims off the highest and cycle commissions earned via admin place(s), retains funds trapped within the system.
All people else loses out.