CoopCrowd gives no info on its web site about who owns or runs the enterprise.
CoopCrowd’s web site area (“coopcrowd.com”) was first registered in 2011. The area registration was final up to date in January 2019.
David Rosen is listed because the proprietor of the area. By way of the Wayback Machine I used to be in a position to confirm that CoopCrowd’s area was on the market in 2018.
This implies that Rosen (proper) acquired the area on or round January 2019.
David T. Rosen first popped up on BehindMLM’s radar in 2015, as founding father of the PIE 24/7 pyramid scheme.
In early 2018 Rosen launched Cooperative Crowdfunding, a matrix-based gifting scheme. This was adopted by 50/50 Crowdfunding in late 2018.
On or round mid 2019 Rosen seems to have rebooted Cooperative Crowdfunding as CoopCrowd.
Learn on for a full evaluation of CoopCrowd’s MLM alternative.
CoopCrowd’s Merchandise
CoopCrowd has no retailable services or products, with associates solely in a position to market CoopCrowd affiliate membership itself.
CoopCrowd’s Compensation Plan
CoopCrowd associates make recurring funds. These funds are gifted to different CoopCrowd associates.
In flip the funds additionally qualify the associates to obtain gifting funds from different CoopCrowd associates.
CoopCrowd tracks gifting funds by way of a 3×10 matrix.
A 3×10 matrix locations an affiliate on the high of a matrix, with three positions instantly underneath them:
These three positions kind the primary degree of the matrix. The second degree of the matrix is generated by splitting every of those first three positions into one other three positions every.
Ranges three to 10 of the matrix are generated in the identical method, with every new degree housing 3 times as many positions because the earlier degree.
Positions within the matrix are crammed by way of direct and oblique recruitment of CoopCrowd associates.
Funds made by associates positioned within the matrix are gifted as follows:
- funds made on degree 1 pay 10%
- funds made on ranges 2 to 4 pay 5%
- funds made on degree 5 pay 2.5%
- funds made on degree 6 pay 5%
- funds made on ranges 7 and eight pay 2.5%
- funds made on degree 9 pay 5%
- funds made on degree 10 pay 7.5%
Becoming a member of CoopCrowd
CoopCrowd affiliate membership is tied to price funds made month-to-month, each eighty-four days or yearly.
- $28 each 28 days
- $84 each 84 days
- $365 each twelve months
No matter which fee methodology is used, an unspecified admin price additionally applies.
Conclusion
Underneath the guise of giving and receiving donations, CoopCrowd is David Rosen’s newest gifting scheme.
What distinguishes official donations from CoopCrowd’s gifting funds, is that official donations don’t qualify you to obtain donations from different donors.
That’s gifting. And it’s unlawful the world over.
Moreover, a fast search reveals CoopCrowd is likely to be a reboot of a equally named gifting scheme Rosen launched in 2017.
It seems launching gifting scams is an annual factor for Rosen.
The truth of gifting schemes is those that run them and those that get in early (admin mates), stroll away with many of the cash.
In CoopCrowd this happens attributable to matrix placement. Rosen and mates place themselves on the high of the company-wide matrix, and thus obtain a slice of all gifting funds.
And that’s on high of the undisclosed admin charges Rosen pockets too.
As with all gifting schemes, to ensure that Rosen and mates to make this cash, everybody else has to lose it.
As soon as recruitment dies off kaboom. Recreation over and nearly all of CoopCrowd associates lose cash.
See you subsequent yr?
Replace thirteenth March 2022 – For his 2022 rip-off, David Rosen has rebooted CoopCrowd with cryptocurrency.