MegaMoneyHybrid Review: $10 investment scheme
There is no information on the MegaMoneyHybrid website indicating who owns or runs the business.
The MegaMoneyHybrid domain (“megamoneyhybrid.com”) was registered on the 1st of February 2013, however the domain registration information is set to private.
It’s worth noting that a YouTube marketing video on the MegaMoneyHybrid website has been uploaded by the account “FastCashMega1”:
This indicates that whoever is behind MegaMoneyHybrid is also behind FastCashMega.
Fast Cash Mega is a Ponzi scheme launched in January 2012. Affiliates invest anywhere between $10 to $5000, with the company guaranteeing a 300% ROI.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
The MegaMoneyHybrid Product Line
Mega Money Hybrid has no retailable products or services. Instead, affiliates join the company for free and are given the option to invest with the company via “Hybrid Units”.
Each Hybrid Unit costs $10 and is bundled with a series of advertising credits. Affiliates can use these advertising credits to advertise on the Mega Money Hybrid website.
The MegaMoneyHybrid Compensation Plan
As above, affiliates join MegaMoneyHybrid and then invest in Hybrid Units ($10 each).
From there each investment is split into two, with half paying a 150% ROI over 75 days and the other being placed into a straight line cycler.
The basic idea of a straight line cycler is that anyone who buys into it is put into a queue. Upon certain condition(s) being met, the person at the top of the queue receives a commission and “cycles” out.
In the case of MegaMoneyHybrid, that condition is the accumulation of 200% of the sum total of the affiliate’s position in the cycler.
Hybrid Units are $10 each, however if an affiliate purchases more than one in a single transaction, they are only given one position in the cycler. This position is equal to the sum total of all the Hybrid Units purchased in the transaction.
Revenue is generated in the cycler as follows:
- 10% of a cycler position is paid to the affiliate’s upline
- 10% of the cycler position is paid back to the affiliate (providing they have at least one other position in the cycler)
- the rest of the money paid for a cycler position goes towards the affiliate at the top of the cycler
Once the accumulated funds being sent to the top position reaches 200% of the position’s worth, they cycle out and everybody moves up one position.
Note that the 10% amounts credited to uplines and the investing affiliate count towards the 200% ROI a cycle position pays out. If a position reaches 200% ROI before it reaches the top of the cycle queue, it is still considered paid and is removed from the queue.
Referral commissions are also offered on all MegaMoneyHybrid investments, with 6% being paid on directly recruited affiliate’s investments and 4% on level 2 recruited affiliate’s investments.
Earnings via both the Ponzi scheme ROI and cycler commissions are capped at 75% withdrawal. 25% of all commissions paid out via MegaMoneyHybrid must be re-invested back into the scheme.
Affiliate membership to MegaMoneyHybrid is free, however members must invest if they with to withdraw any commissions.
Free affiliates can earn referral commissions, however they too must invest if they wish to actually withdraw anything.
There’s not much to conclude with MegaMoneyHybrid, other than it being a blatant pyramid/Ponzi scheme hybrid.
The first component of the compensation plan is pure Ponzi. Affiliates invest money with ROIs paid from newly invested money. 150% is guaranteed but naturally when new investor money dries up this will crash.
The cycler quite obviously stalls when new members stop investing money in positions too. Add to that the more positions existing meaning the longer it takes everyone to cycle out, and it’s easy to see it doesn’t take much to stall it either.
Existing members are only going to invest so much money into the scheme, with the rest also dependent on new investment.
Both components of the MegaMoneyHybrid compensation plan are designed to play off eachother, with those close to the top of the cycler hybrid being no doubt encouraged to invest more into the scheme to hit their ROI.
At the end of the day though, even with an effective 50% forced re-investment (25%/25%), MegaMoneyHybrid still faces the same sustainability problems all Ponzi schemes face.
Preempting the collapse, the anonymous admin of MegaMoneyHybrid sent out a recent update to FastCashMega affiliates, advising them of plans to launch yet another scheme later on in the year:
If you have read our plan you know we’ll launch another new program later this year.
FastCashMega is fast approaching the 2 year implosion deadline that is typical of online Ponzi schemes these days. That seems to have been what prompted the launch of MegaMoneyHybrid, with the admin marketing the opportunity on the fact that FastCashMega is still paying out members before it collapses.
MegaMoneyHybrid’s long-term prospects don’t appear to looks o good, with a new opportunity scheduled for release in a much shorter duration than the time between the launch of FastCashMega and MegaMoneyHybrid.
At the end of the day you can’t make money appear out of thin air and over time it’s inevitable that new investment starts to dry up. Obviously only the admin of these schemes knows when that will be but when it does happen they’ve got themselves covered:
Mega Money Hybrid has the right, in its sole discretion, to suspend or cancel, at any time, a Member’s membership in and access to the Mega Money Hybrid Website and the Mega Money Hybrid program.
All Earnings may be cancelled in Mega Money Hybrid sole discretion
Ultimately those having only just invested their money when it happens will be the ones who lose out.
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