Active Matrix Review: Six-tier bitcoin gifting cycler
Active Matrix provide no information on their website about who owns or runs the business.
The Active Matrix website domain (“autoactivematrix.com”) was privately registered on May 27th, 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.
Active Matrix Products
Active Matrix has no retailable products or services, with affiliates only able to market Active Matrix affiliate membership itself.
Active Matrix affiliate membership provides access to ad credits, which can be used to display advertising on the Active Matrix website.
The Active Matrix Compensation Plan
Active Matrix affiliates gift bitcoin to each other via a six tier matrix cycler.
Active Matrix uses a 4×1 matrix size, requiring four positions be filled in order to advance to the next tier.
An Active Matrix affiliate signs up and gift 0.01 BTC to an existing Active Matrix affiliate.
This gifting payment in turn qualifies the affiliate to receive four 0.01 BTC gifting payments from subsequently recruited affiliates.
Once four gifting payments have been received, the affiliate must make another 0.01 BTC gifting payment to advance to tier two of the cycler.
In this manner an Active Matrix affiliate cycles through all six available cycler tiers.
Required payments and payments received at each Active Matrix cycler tier are as follows:
- Tier 1 – gift 0.01 BTC and receive 0.01 BTC from four affiliates
- Tier 2 – gift 0.03 BTC and receive 0.03 BTC from four affiliates
- Tier 3 – gift 0.09 BTC and receive 0.09 BC from sixteen affiliates
- Tier 4 – gift 0.27 BTC and receive 0.27 BTC from thirty-two affiliates
- Tier 5 – gift 0.81 BTC and receive 0.81 BTC from sixty-four affiliates
Joining Active Matrix
Active Matrix affiliate membership is tied to a 0.01 BTC gifting payment.
Conclusion
Although there’s been a decrease in bitcoin matrix gifting scams over the past few weeks, we’re not quite there yet.
Active Matrix operates as a simple cash gifting scheme. New affiliates sign up, gift bitcoin to existing Active Matrix affiliates and then proceed to steal money from those who join after them.
The anonymous admin running Active Matrix is attempting to cash in on the bitcoin gifting craze but is likely late to the party.
Too many of these gifting scams have launched over the past twelve months and too many people have lost money.
Interest has mostly dwindled in the model but there will of course still be opportunistic admins who give it a shot anyway.
Typically the admin of a bitcoin gifting schemes makes off with most of the funds invested, owing to preloaded admin positions and gifting pass-ups at each cycler tier.
As with all gifting schemes however, once affiliate recruitment dies down Active Matrix’s cycler tiers will stall.
Can I get a refund?
No we dont [sic] do refunds.
That will prompt a collapse, resulting in the majority of Active Matrix affiliates losing money.
The link on the website to their company certificate goes to Companies House and is for an organisation called Edinnovations Limited. This is a dormant company with one director who is a legitimate but arguably notorious British businessman and PR advisor.
I can be reasonably confident in saying that Edinnovations Limited has absolutely no connection with Active Matrix who are just falsely using the company name and British address to legitimise their operations, especially given that the representatives named on the website are all Indian.