Fund My Cause Review: Six-tier bitcoin cash gifting
There is no information on the Fund My Cause website indicating who owns or runs the business.
The Fund My Cause website domain (“fundmycause.com”) was privately registered on October 11th, 2016.
The official Fund My Case Facebook group was created by Jim Watts on October 25th.
Watts (right) operates out of Belgium and appears to be a serial MLM underbelly participant. His downlines groups are named “The Early Birds” and “Team Builder Network”.
In The Early Birds Facebook group, Watts refers to Fund My Cause as the group’s “first project”.
Opportunities Watts was promoting prior to Fund My Cause include Leased Ad Space (cash gifting), My Paying Crypto Ads (Ponzi scheme), Zukul Gold (pyramid feeder), The Ads Team (Ponzi scheme), Zukul Ad Network (Ponzi scheme) and My Paying Ads (Ponzi scheme).
Read on for a full review of the Fund My Cause MLM opportunity.
The Fund My Cause Product Line
Fund My Cause has no retailable products or services, with affiliates only able to market Fund My Cause affiliate membership itself.
The Fund My Cause Compensation Plan
The Fund My Cause compensation plan sees affiliates gift funds to eachother via a 2×6 matrix.
A 2×6 matrix places an affiliate at the top of a matrix, with two positions directly under them:
These two positions form the first level of the matrix. The second level of the matrix is generated by splitting each of the two positions into another two positions each (4 positions).
The third to sixth levels of the matrix are generated in the same manner, with each new level housing twice as many positions as the previous level.
A complete 2×6 matrix houses 126 positions. Positions in the matrix are filled via direct and indirect recruitment of new Fund My Cause affiliates.
A new Fund My Cause affiliate signs up and gifts 0.05 BTC to the affiliate who recruited them.
This payment qualifies the affiliate to receive 0.05 BTC from two affiliates recruited into the first level of their matrix.
All six Fund My Cause matrix levels operate in the same manner as follows:
- level 1 – gift 0.05 BTC to the affiliate who recruited you and receive 0.05 BTC from two subsequently recruited affiliates
- level 2 – gift another 0.05 BTC and receive 0.05 from four affiliates
- level 3 – gift another 0.1 BTC and receive 0.8 BTC from eight affiliates
- level 4 – gift another 0.2 BTC and receive 0.2 BTC from sixteen affiliates
- level 5 – gift another 0.5 BTC and receive 0.5 BTC from thirty-two affiliates
- level 6 – gift another 1 BTC and receive 1 BTC from sixty-four affiliates
Note that the above payments (both paid and received) are monthly recurring.
Joining Fund My Cause
Fund My Cause affiliate membership is tied to a minimum monthly 0.05 BTC gifting payment.
Full participation in the Fund My Cause income opportunity costs 1.9 BTC a month.
Conclusion
Under the guise of “contributing to a cause”, Fund My Cause affiliates participate in a six-tier cash gifting scheme.
Nothing is marketed or sold to retail customers, with all commissions within Fund My Cause paid from one affiliate to another.
Our goal is to create a community of like-minded individuals who also have a desire to make a difference in this world.
Under the leadership of Jim Watts, Fund My Cause’s like-minded admins scam each and every affiliate who joins.
Considering the Fund My Cause Facebook group has no less than sixteen admins, Fund My Cause was likely preloaded to the hilt prior to launch.
These preloaded positions see the majority of funds passed up across the matrix tiers to Jim Watts and friends.
Just one position cycling into the sixth matrix tier sucks twenty 0.05 BTC payments from the first tier, so it only takes a few sixth-tier positions to see most of the money passed up.
As with all cash gifting schemes, once recruitment of new Fund My Cause affiliates dries up so too will gifting payments.
The inevitable collapse will begin by new Fund My Cause affiliates ceasing to pay their monthly gifting fee when nobody is recruited under them.
The affiliates above these affiliates stop getting paid, which means they too stop making their monthly gifting payments.
Before you know it this has trickled right up to the top of the company matrix, resulting in the vast majority of Fund My Cause affiliates losing money.
Another iCharity but this time with a matrix. Very inventive. Yeah right 😛
I think the same applies to iCharity in this case (my comment on that):
Maybe if you try working your way up that chain you will see how it is a scam.
You pay an upline who pays an upline who pays an upline who pays an upline all the way to the top where the majority of this ‘shifted’ money ends up.
If i give you $10 and you give your sponsor $10 and they give their sponsor $10 and so on it will be the same $10 that reaches the top along with the other thousands of $10 payments passed up to the top.
You may not be paying into the system but its the systems owner who gets your ‘charity’. Very kind of you to adhere to the make the rich richer model
Now in a charity its really supposed to go the other way where anyone who joins you obliges you to send them a charitable gifting sum of $10 which they will then send to their next signup but that’s never going to work on a platform designed to make the owner rich is it?
And that’s why despite the name FundMyCause the reality is My (the owner) gets charitable donations from its members to allow them to continue to scam.
In order to make the big bucks the owner only needs to set up 50 or so accounts at the top which all receive your generous ‘donations’.
Seriously whats not to get in this model?”
One more thing to add to my rant:
I think its despicable when an owner launches a site under the guise of being a Charitable Organization.
Give Charity or make money. Not both.
People. I can assure you that this is no where near a Ponzi. We are a legitimate group of entreprenuers just trying to make things work.
This is a solid program with Big Meat and Potatoes. Trust me..
The review doesn’t conclude Fund My Cause is a Ponzi scheme.
Guilty conscience much?
Percentage of reviews that are classifieds as Ponzis???
Thanks Oz
100% of the Ponzi schemes reviewed.
Thanks Bart
@Bart, no, this a gifting scam!
@Bart
Nobody mentioned ponzis here. Its quite plainly Cash gifting under the guise of Charitable donations.
LOL sounds like the Clinton Foundation 😛
I am not sure how you do your math but this is a legitimate site. What you failed to mention is that you receive your investment back as soon as your first 2 people come in.
You are not required to constantly put more in. If your theory is correct then common people like me were put in way down the line. And I am doing just fine with this system, and so are a lot of the people I know.
No I’m pretty sure I covered that. Stealing from people who join after you is what cash gifting is all about.
Your success at scamming people doesn’t change the fact Fund My Case is an illegal cash gifting scheme.
its pyramid simple no free money in this world gonna have to make btc the oldfashion way trading it or mining it …..
please remove this post or edit it i was a member of this program i was certainly not the owner.
if you are going to post please get your facts right the owner was daniel butts again i was a member like all the rest
kinda makes me wonder if this site is of factual interest or just a site looking for views to ad placements
Hi Jim. The review doesn’t cite you as owner of Fund My Cause. In fact the word “owner” doesn’t appear anywhere in the review.
You are however correctly cited as creator and an admin of the official Fund My Cause Facebook group.
Kinda makes me wonder if you actually read the review, or you’re just trying to scrub the internet of your scamming.