Impact101 payments itself as ‘a very new initiative of QRGL Advertising and marketing Inc.‘
The corporate is a world chief within the IT area with a worldwide crew, worldwide servers and long-serving relationships with different key worldwide IT firms.
Frank Servedio, and Hans Looman, have been efficiently combining their respective expertise since they began QRGL Advertising and marketing Inc. in 2011.
Frank Servedio serves as President of Impact101. Looman doesn’t seem to have an government place however is credited as a co-founder.
Previous to Impact101 Servedio and Looman had been operating Worldwide Consumers Membership.
Worldwide Consumers Membership was an MLM e-commerce platform.
The corporate seems to have been deserted someday final yr, forward of Impact101’s launch in mid January 2019.
Learn on for a full overview of the Impact101 MLM alternative.
Impact101 Merchandise
Impact101 has no retailable services or products, with associates solely capable of market Impact101 affiliate membership itself.
The Impact101 Compensation Plan
Impact101 associates buy positions in a eight-tier 2×2 matrix cycler.
A 2×2 matrix locations an Impact101 affiliate on the prime of a matrix, with two positions instantly beneath them:
These two positions type the primary degree of the matrix. The second degree of the matrix is generated by splitting every of those first two positions into one other two positions every.
Commissions are paid when all six positions in a matrix are stuffed.
Positions are stuffed when newly recruited and current Impact101 associates buy subsequent positions.
In complete Impact101 presents six matrix cycler tiers, costing between $40 to $4800.
Fee funds throughout Impact101’s six matrix tiers are as follows:
- $40 matrix – buy a $40 matrix place and obtain $120 plus re-entry into a brand new $40 matrix
- $80 matrix – buy an $80 matrix place and obtain $240 plus re-entry into a brand new $80 matrix
- $150 matrix – buy a $150 matrix place and obtain $450 plus re-entry into a brand new $150 matrix
- $300 matrix – buy a $300 matrix place and obtain $900 plus re-entry into a brand new $300 matrix
- $600 matrix – buy a $600 matrix place and obtain $1800 plus re-entry into a brand new $600 matrix
- $1200 matrix – buy a $1200 matrix place and obtain $3600 plus re-entry into a brand new $1200 matrix
- $2400 matrix – buy a $2400 matrix place and obtain $7200 plus re-entry into a brand new $2400 matrix
- $4800 matrix – buy a $4800 matrix place and obtain $14,400 plus re-entry into a brand new $4800 matrix
Becoming a member of Impact101
Impact101 affiliate membership is tied to an preliminary $40 to $4800 matrix place buy.
Full participation throughout all of Impact101’s eight cycler tiers prices $9570.
Conclusion
Underneath the cliched guise of “crowdfunding” and “accepting and giving donations”, Impact101 operates as an eight-tier cycler Ponzi scheme.
What separates Impact101 from professional crowdfunding is the truth that funds are made for the only real purpose to qualify to obtain funds from different members.
Legit donations are made with out expectation (or certainly the chance) of receiving fee from different donors.
Throughout its eight cycler tiers, Impact101 merely shuffles newly invested funds (place purchases) to pay current traders.
Half of what’s invested at every tier is paid to associates, with the remainder break up between producing a brand new place and Impact101’s admins.
E.g. on the $600 tier, a whole 2×2 matrix generates $3600.
$1800 is paid out and one other $600 is used to generate a brand new place, leaving $1200 for Frank Servedio, and Hans Looman.
This, on prime of any preloaded admin positions Servedio and Looman have, ensures they’ll obtain nearly all of funds invested in Impact101 cycler positions.
The entire thing is a bit tragic actually, contemplating QRLG Advertising and marketing has been round since 2011.
Worldwide Consumers Membership by no means actually took off. The preliminary providing mixed third-party affiliate networks with 4 retailers.
There was additionally a $25 payment that along with rebate “overage”, was paid out based mostly on recruitment.
In 2014 Worldwide Consumers Membership embraced cryptocurrency. Initially the corporate used bitcoin, litecoin and auroracoin.
On or round 2016 the main focus modified to mercatorcoin, some waste of time altcoin that doesn’t exist anymore.
Contemplating Worldwide Consumers Membership was paying solely in mercatorcoin, this in all probability contributed to the corporate’s collapse.
Little question Servedio and Looman made a packet accepting bitcoin for mercatorcoin. However spare a thought for Worldwide Consumers Membership associates, who had been finally left bagholding a nugatory shitcoin.
QRLG Advertising and marketing in the meantime seems to have been repurposed to offer Impact101 associates with touchdown pages.
Word that this doesn’t make Impact101’s fraudulent enterprise mannequin authorized.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will new place purchases.
This may stall Impact101’s cyclers. And when sufficient matrices throughout the eight cycler tiers have stalled, immediate a collapse.
The maths behind Ponzi schemes ensures that after they collapse, nearly all of traders lose cash.