Billion Money Review: PAX gifting scheme
Billion Money provides no information about who owns or runs the company on its website.
Billion Money website domain (“billionmoney.live”) was privately registered on February 24th, 2020.
At the time of publication Alexa pegs India as the only notable source of traffic to Billion Money’s website (62%).
This suggests that whoever is running Billion Money is likely based out of India.
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.
Billion Money’s Products
Billion Money has no retailable products or services, with affiliates only able to market Billion Money affiliate membership itself.
Billion Money’s Compensation Plan
Billion Money affiliates participate in a PAX gifting scheme.
Note that although gifting payments are made in PAX, Billion Money tracks payments in USD equivalents.
Gifting payments within Billion Money are coordinated through two 2×10 matrices.
A 2×10 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 these first two positions into another two positions each (4 positions).
Levels three to ten of the matrix are generated in the same manner, with each new level housing twice as many positions as the previous level.
A new Billion Money affiliate signs up and gifts $10 to an existing affiliate.
They then receive gifting payments from affiliates directly and indirectly recruited into their matrix as follows:
- level 1 (gift $10) – receive $10 from two affiliates
- level 2 (gift $15) – receive $15 from four affiliates
- level 3 (gift $30) – receive $30 from eight affiliates
- level 4 (gift $120) – receive $120 from sixteen affiliates
- level 5 (gift $500) – receive $500 from thirty-two affiliates
The second matrix operates in the same manner as the first matrix, the only difference being increased gifting payment amounts:
- level 1 (gift $4700) – receive $4700 from two affiliates
- level 2 (gift $5000) – receive $5000 from four affiliates
- level 3 (gift $9000) – receive $9000 from eight affiliates
- level 4 (gift $18,000) – receive $18,000 from sixteen affiliates
- level 5 (gift $35,000) – receive $35,000 from thirty-two affiliates
Note that gifting payments must be made on each matrix level prior to receiving gifting payments on that level.
Billion Money’s compensation material also states a fee is charged with every gifting payment in ethereum, but fails to provide any specifics.
Joining Billion Money
Billion Money affiliate membership is tied to an initial $10 gifting payment in PAX.
Full participation in Billion Money’s income opportunity costs $72,375 plus undisclosed admin fees.
Billion Money markets itself as ‘the fastest, easiest and risk-free way to earn billion dollars every 180 days.’
In reality it’s just another “smart contract” gifting scheme.
New Billion Money affiliates sign up, gift money to an existing affiliate, which in turn qualifies them to receiving gifting payments from subsequently recruited affiliates.
Gifting business models are illegal the world over.
Matrix-based gifting schemes primarily benefit those running them.
Through one or more preloaded admin positions, whoever is running Billion Money will be first into the upper matrix levels. This is where the big money is gifted between participants.
Being the admin there is nobody to gift to, so everything paid in is kept. A few early adopters will make a bit on the side – with everything collapsing once recruitment inevitably dies down.
Ironically, Billion Money references mathematics in their marketing pitch:
Simple compounding and Simple numbers lead you to easy Money with us, Look Below for Details.
It is this same mathematics that guarantees the majority of Billion Money affiliates will lose money.