2Speedy Matrix Review: Two-tier bitcoin Ponzi cycler
2Speedy Matrix provide no information on their website about who owns or runs the company.
The 2Speedy Matrix website domain (“2speedymatrix.com”) was privately registered on July 12th, 2017.
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.
2Speedy Matrix Products
2Speedy has no retailable products or services, with affiliates only able to market 2Speedy Matrix affiliate membership itself.
The 2Speedy Matrix Compensation Plan
2Speedy Matrix affiliates purchase 0.05 BTC positions in a two-tier 2×3 matrix cycler.
A 2×3 matrix places a 2Speedy Matrix 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 these two positions into another two positions each (4 positions).
Level 3 of the matrix is generated in the same manner and houses 8 positions.
Commissions are paid as positions in each matrix cycler tier are filled.
Positions are filled via subsequent position purchases by newly recruited and existing 2Speedy Matrix affiliates.
- Starter Matrix (positions cost 0.005 BTC) – pays a 0.216 BTC commission and cycles into Pro Matrix
- Pro Matrix – pays a 1.55 BTC commission and generates a new Starter Matrix position
A referral commission of 0.002 BTC and 0.01 BTC is paid out when personally recruited affiliates cycle out of a Starter or Pro matrix respectively.
Joining 2Speedy Matrix
2Speedy Matrix affiliate membership is free, however affiliates must purchase at least one 0.005 BTC position to participate in the attached income opportunity.
2Speedy Matrix functions as a basic two-tier cycler Ponzi.
Affiliates invest 0.005 BTC on the promise of an eventual 1.766 BTC ROI.
To put that figure into perspective, a minimum of 354 new position investments are required for just one complete 1.766 BTC ROI. In reality this figure is actually higher, due to referral commissions and the non-linear manner in which the company-wide matrix fills.
What this ultimately means for 2Speedy Matrix affiliates is the only positions that will get anywhere near the 1.766 BTC ROI are preloaded admin positions.
From the rush job of the 2Speedy Matrix website (descriptions left on default, broken links etc.), it’s pretty clear it’s been set up as a quick hit and run.
A few early adopters will get paid scraps, with the majority of the 2Speedy Matrix affiliate-base taking a loss when affiliate recruitment inevitably collapses.