Cooperative Crowdfunding Review: 3×10 matrix cash gifting
Cooperative Crowdfunding provide no information on their website about who owns or runs the company.
Blog posts on the Cooperative Crowdfunding website are authored by “David T. Rosen”.
Further research reveals Cooperative Crowdfunding affiliates naming Rosen as founder of the company.
Rosen (right) is also listed as the owner of the Cooperative Crowdfunding website domain, through an address in Ontario, Canada.
Rosen first popped up on BehindMLM’s radar in 2015, as founder of PIE 24/7.
PIE 24/7 was basically a “pay a monthly fee and recruit other affiliates who do the same” scheme.
By early 2016 it appears PIE 24/7 collapsed, with one affiliate claiming they hadn’t been paid for 7 months as of April.
Read on for a full review of the Cooperative Crowdfunding MLM opportunity.
Cooperative Crowdfunding Products
Cooperative Crowdfunding has no retailable products or services, with affiliates only able to market Cooperative Crowdfunding affiliate membership itself.
The Cooperative Crowdfunding Compensation Plan
Cooperative Crowdfunding affiliates gift €25 EUR to each other each month.
New Cooperative Crowdfunding affiliates gift €25 EUR to existing affiliates.
This payment in turn qualifies them to receive 25% of €25 EUR gifted by affiliates they personally recruit.
50% of the €25 EUR gifted in each month is paid out residually via a 3×10 matrix.
A 3×10 matrix places a Cooperative Crowdfunding affiliate at the top of a matrix, with three positions directly under them:
These three positions form the first level of the matrix. The second level of the matrix is generated by splitting these first three positions into another three positions each (9 positions).
Levels three to ten of the matrix are generated in the same manner, with each new level housing three times as many positions as the previous level.
Positions in the matrix are filled via direct and indirect recruitment of new Cooperative Crowdfunding affiliates.
Each affiliate pays €25 EUR a month and 50% of that is paid out via the matrix.
How much of the 50% is paid out is determined by what level of the matrix the affiliate gifting €25 EUR falls on:
- level 1 – 10%
- levels 2 to 4 – 5%
- level 5 – 2.5%
- level 6 – 5%
- levels 7 and 8 – 2.5%
- level 9 – 5%
- level 10 – 7.5%
The remaining 25% of each €25 EUR gifted in is set aside for “bonuses”.
Specific details of how these bonuses are paid out are not provided.
Joining Cooperative Crowdfunding
Cooperative Crowdfunding affiliate membership is tied to a €25 EUR gifting payment every 28 days.
In order to continue receiving gifting payments, all affiliates must also pay an additional €10 EUR every 6 months.
Under the guise of describing itself as a “subscription based crowdfunding donation system”, Cooperative Crowdfunding operates as an illegal cash gifting scheme.
You sign up, gift €25 EUR every 25 days and receive gifting payments from other Cooperative Crowdfunding affiliates doing the same.
Once affiliate recruitment dries up, those at the bottom stop paying their €25 EUR a month.
This sees those above them cease paying their monthly gifting payment and once this trickles far up along the company matrix, an irreversible collapse is triggered.
Matrix-based gifting schemes primarily benefit those running them, which in this case is David Rosen.
Rosen has the Cooperative Crowdfunding affiliate IDs 1001, 1002 and 1005 (1000 or 1001 is the admin account).
Through one or more pre-loaded admin positions, David Rosen will receive the majority of funds deposited by Cooperative Crowdfunding affiliates.
This occurs because Rosen’s positions fill first and extract the most money out of the system.
A few early adopters, such as Suzy Duggans (1003), receive a fair share of deposited funds.
Basic math however guarantees that when a cash gifting scheme inevitably collapses, the majority of participants lose money.
Whereas PIE 24/7 was ambiguous as to the possibility of retail sales, cash gifting schemes like Cooperative Crowdfunding are illegal the world over.
Here’s how Rosen himself describes the business model in a Cooperative Crowdfunding marketing video:
Coop Crowdfund is a system that allows you to quickly get the money you need, for virtually any purpose, in three simple, doable steps.
Here’s the three steps:
Now Step 1 is to register, just $35.
Step 2, invite three or more of your friends to join for just $35.
And Step 3, have each of your friends invite three or more of their friends join for just $35.
Considering Rosen claims to have “discovered network marketing” back in 1987, he’s one company owner that really should know better.
Here I am, David T Rosen…
And I am willing to have an open, fair and honest discussion about the merits of CoopCrowd.Fund and PIE24/7 with you.
And to be clear, CoopCrowd.Fund is neither MLM nor gifting and again to be clear – There is no difference between giving a gift or donation in crowdfunding, in both cases a person voluntarily gives to another person. The same way a person donates to a church, United Way, Wounded Warriors, a political campaign or millions of other causes.
People have used crowdfunding to raise funds for causes both great and not so great, big and small and some campaigns have raised hundreds of millions of dollars and had zero chance of success, and the people that donated to those causes will receive absolutely nothing in return.
I will put the plan as outlined in CoopCrowd.Fund against ANY OTHER REWARD GENERATING SYSTEM ON THE PLANET as to its viability, legitimacy, and legality.
We have simply combined cooperatives and crowdfunding. PERIOD.
Additionally, I am willing to put the rewards based system of CoopCrowd.Fund against ANY OTHER SYSTEM ON THE PLANET as to how it rewards its participants.
We are so confident in our system we allow people to use it for free for as long as they like, no credit card required. Also, our FREE system is an exact replica of the paid donation system, so whatever you do in the free system will occur in the paid system. It allows a person to PROVE IT FREE, build their donor team, watch how the system works and only when they feel comfortable enough – they pay.
PLEASE TELL ME ANOTHER SYSTEM THAT DOES THAT?
And WE DON’T ASK PEOPLE FOR ANYTHING to receive donations, a person can set up a campaign for free and accept donations to benefit their cause.
Additionally, many, many people have and are receiving more than the person who invited them to CoopCroud.fund. They are speaking to more people about their campaigns, AND in a short period, I believe there will be people receiving more than I. Some of our members have more connections, are better organized and will have more time to donate to their campaigns.
CoopCrowd.Fund and PIE247 are the fairest, most rewarding systems available today and they pass the CURRENT LEGAL CONCERNS OF EVERY COUNTRY ON THE PLANET as they pertain to pyramid laws.
People pay a €10 setup fee for hosting, tools and support to help achieve success for their campaigns – That works out to €1.67 a month to run your crowdfunding campaign professionally. Where can you get personalized hosting for up to 8 sites, tools, and support for €1.67 a month?
What type of research did you do to “verify” the claim that “TIM” wasn’t paid for 7 months, PIE only had sales for a few months because of an illness that almost killed me, AND EVERYBODY WHO WAS TO BE PAID WAS PAID.
We had a temporary delay because iPayout was forced by their bank to immediately stop doing business with many companies including behemoths such as Karatbars, I’m still waiting for my money to be returned to me by iPayout.
If your true purpose is to act as a fiduciary and protect people from the many bad systems that are out there, then also please report the great systems available and give them their just accolades.
I have been following your posts for well over a decade and for the most part you have reported accurately, however, your post about me, CoopCrowd.Fund and PIE24/7 are inaccurate and without merit.
By the way, you gave PIE247 one your “better” reviews, and if you had taken the time to contact me to get answers to your unanswered questions, you would have given PIE a perfect 10 out of 10.
Let’s do the right thing for our industry, AND I am willing to lock arms with you and champion the weeding out of all the bad companies that prey on the vulnerable.
David T Rosen
You’re kidding? Dude rocked up here to defend a blatant gifting scheme?!
Here we go…
I don’t know what definition of “clear” you’re using, but Cooperative Crowdfunding is both an MLM company (MLM comp plan) and an illegal gifting scheme (affiliates paying affiliates).
You stating otherwise just “to be clear” is… well, it’s just that.
False. In legitimate crowdfunding and/or the giving of a donation, there is no expectation of receiving donations in return.
In illegal cash gifting schemes like Cooperative Crowdfunding, funds are gifted by new members to existing members – for no other reason than this qualifies them to receive payments from subsequently recruited members.
When “causes” is just “the participant receiving gifting payment’s bank account”, you’re insulting both our intelligence pretending otherwise.
With an Alexa ranking of 1.1 million, rest assured nowhere near “hundreds of millions of dollars” has been gifted between Cooperative Crowdfunding affiliates. Who are you trying to kid?
And people getting screwed because their area of the company-wide matrix collapses doesn’t justify illegal gifting. And it’s certainly not the same as legitimate donations and/or crowdfunding.
And you’d be wasting your time because cash gifting is illegal the world over.
PIE247 was questionable but Cooperative Crowdfunding is an outright illegal gifting scheme. Please stop lying. Just stop.
affiliate recruitment stopped. If there was genuine retail sales happening in any significant number what did or didn’t happen to you wouldn’t of mattered.
There are none in an illegal cash gifting scheme. You sit at the top of the company-wide matrix and reap the majority of funds gifted in.
The people under you make a bit of money and everyone else gets scammed. That’s mathematically how a matrix-based gifting scheme works.
When your business model (cash gifting) is illegal, what you attach to it is irrelevant.
And overstatement much? All you’re doing is providing a replicated website off the Cooperative Crowdfunding domain.
Thanks, but I haven’t been publishing “for well over a decade”. And yeah, everyone loves BehindMLM… until we review your company.
Sure. Let’s start with Cooperative Crowdfunding.
Cut the crap and shut it down. Illegal cash gifting schemes do nothing but prey on the vulnerable.
Always funnier when the scammer himself pitches up.
Thanks for the biased and uniform response, you have erred in every one of your replies.
Is what someone completely full of shit and who knows it would say. Best of luck with the scamming.
David T. Rosen is very under cover when it comes to his past history, but I have discovered that he created a similar company before in 2002 where he is still making commissions from. In fact, he has made over $700 million in that first company.
is that true above?? well lets dig down further..
There isn’t a physical address that PIE 24/7 has revealed as of now, but after doing some digging, I found out it’s based in Toronto, Ontario, Canada its at 271 Queen Street West Toronto.
The headquarter is right downtown on the busiest street downtown, so many people walk by, but don’t know yet that tehy need it lol.
There are some uncertainties about the history of David T. Rosen, but the fact his first company has been going for 12 years now is good enough sign that PIE247 could be here for the long haul…
PIE247’s Alexa ranking is “unranked”. It collapsed ages ago.
Did you mean 700 dollars Jason McRiffle?
Pretty sure his finger slipped, and he meant $7
Hmm. David has quite a long online history to my eyes, Jason. Why do you say that he’s “very undercover” about it?
List of domain names registred by dr(AT)davidtrosen(DOT)com
List of domain names registred by dtr0007(AT)gmail(DOT)com
Cooperative Crowd Funding is an excellent opportunity for people to Fund their campaigns. Which is clearly a Donation based platform, just like Go Fund Me, Kick starter, Indigo.
Keep up the good work of helping people help themselves.
And of course the Devil will always oppose anything good, That’s when you know your on point, God Bless, Mr David T Rosen.
Deceiving people into giving “donations” under the guise of cash gifting for your own financial benefit is nothing like legitimate crowdfunding.
God doesn’t give a shit about your scams and scamming. Neither does the devil for that matter. You are a terrible human being.
May God continue to Bless Mr David T Rosen and our Coop Crowdfunding platform. Helping people help themselves.
What incredibly strange religion in which God involves himself with fraudulent cash gifting schemes do you follow ???
It doesn’t matter have a blessed evening sir.
blessed by which god of yours sir?
i’m very curious to know the name of your cash gifting scam god sir?
is there a god who will bless the victims of your scam sir? can you share his address/photo/idol/name?
might as well keep it handy!
Nah, I can do without the “blessing” of any deity which “blesses” blatantly fraudulent schemes and scammers, thank you.
Obviously Michael is referring to the church of “We try to justify our scamming by hiding behind religion”.
Scumbags, the lot of them.
MLM rule no 2 applies again: “if the participants talk like baddies in The Handmaid’s Tale, it’s a scam”.
The Church of Perpetual Sucker.
This falls into the same category of gifting schemes as WASZUPP GLOBAL and MEMBERS CHOICE..
To Michael A. Bingham:
If you had actually researched David’s background you would have seen fraud after fraud, gifting program after gifting program. And that the Royal Canadian Mounted Police have made it very plain that “gifting” is a serious criminal problem in Canada where he resides.
This is the very same David Rosen who ran the infamous G1G4 (“give 1 get 4”) scam a decade ago.
Always a particular type of person who uses religion to excuse scamming people.
Makes no sense either considering the whole monetary system carries the mark of the beast (666) unless you are referring to a wholly different type of God namely Jahbulon and if that’s the case then that’s all you need to determine whether this site is designed as a true cooperative to benefit its users or the guise of a cooperative that flows right to the top to benefit only you.
How the hell would cooperative crowdfunding work anyway? Isn’t the original idea of Crowdfunding done through cooperation where people fund projects they have a vested interest in rather than be forced to fund whatever comes their way?
Which is it Mr Rosen and which God do you refer to in your attempt to pair Religion and Business?
If it is the God the majority worship then shame on you. If its the other ‘God’ then may our God have mercy on your soul.
When you look at David Rosen you can easily tell that his ego is real important to him.
Look at the bling on his arms like some back street head dealer; study his body language watch his eyes when hes talking.
He has scam artist written all over him, he prays on our greed but dresses it up to suit in needy and helpless.
Be wary, let him slip on by………….good-bye!
Why down it, crown it.
Probably because not everyone aspires to be a garbage human being making money through scamming.
I have some friends who’ve gotten into his 50/50 crowdfund scam. They’re saying their Upline(because what crowd-funding platform doesn’t have uplines?) told them he talked to a lawyer and their lawyer said it was totally legit because people check some boxes saying its a donation.
Even though they don’t get to decide who they give to and they have to put in hundreds of dollars and have to recruit 2 people to do the same, they are all convinced it’s all good. They are also saying this guy was proven innocent in court over one of his scams but of course there’s nothing to support that claim.
Easier to fool people than to convince them they’ve been fooled I guess 🙁
Because that’s how MLM regulation works…
“Because that’s how MLM regulation works…”
Even a cursory search on this guy shows he’s completely crooked. He’s seems to put up several sites at once, mostly gifting scams, wait till they dry up and the people at the bottom lose lots of money, then he does it again and again. So, yeah, I guess that’s how mlm regulation works.
I see a lot of complaints about the guy but the authorities don’t seem to caught to him yet. Have they?
Cherri! Good point!
How is it that a crowdfunding MLM is even legal? Whether it’s a donation or what. Pyramid scheme.
And this is NOT a Salvation Army charity game! It’s a pure pyramid scheme! Having two recruit two then recruit two! Eventually everything dries up! And the bottom will pay the uplines!
No tangible products at all!
Just same old same old David rosen’s scheme! Conned thousands of innocent people! Jail this guy!
He got his money through a gifting scheme. G1G4 which was used mostly in Russia.
Apparently made 20 million back then, however was able to spend it within a few years. He is barred from credit cards and a bank only takes him, since they are legally required to offer basic banking needs.
He has a few furniture items which seem pricy however has nothing really in value. All the pictures are old.
He always finds new people to invest in him, however he himself has no money and if he had, it would take a while to pay back those that he owes.
I have done enough mistakes with him and he surely is a person who does not change. Good for the Internet. It does not forget.
It’s sometimes even fascinating how he still does everything the way he does and get away with it.
Alexa tells us Coopcrowd.fund first appeared in mid April, 2018, peaked in mid May and was collapsed completely by early June.
It currently ranks at 5,353,297 in the world with 100% of its’ visitors originating in Kenya.
Not what I’d call a success, by any measure.
I think it is too early to judge something new. Of course you know too well that any success for any business depends on how active members are and this also relies on the integrity of the owners and affiliates equally.
So before any activity started, you have labeled CoopCrowd a scam; are you fair?
On the basis of this simple logic my conclusion is that all your analyses are ill based on ill personal and unfair judgements.
Research has proven that it takes five years for any business to be solid and successful. Meaning many changes for the better before that time are inevitable.
The concept of CoopCrowd has just been communicated to us for the first time less than three days ago, and you are 100% sure it can’t work. Oh PLEASE.
I don’t find you credible either but one who wants to be a “know it all for us” yet only God knows it all. I hope you are not suggesting to be equal with God.
STOP mudslinging what you are not certain about. You are being too presumptuous. And that does not show sanity. May God help you!”
I have decided to make my own conclusions. The devil is a confuser. We will not allow confusers.
Go and also think of ways to help people in a similar manner to qualify you to criticize. As it is now, the guy is a genious you can’t handle. And you want to pull him down.
Cash gifting is nothing new. Judge away.
Oh and God doesn’t give a shit about scammers and their scams. Stop hiding behind religion and take responsibility for your thievery.
ALWAYS listen to a guy like David T. Rosen ( aka Davy Ishmael) who has Grade 11 education, changes his name and tries to get YOU to give HIM $$$$….
Seriously? A sucker born every minute.
PLEASE, PLEASE, DON’T WASTE YOUR $$$$.. This guy DAVID T ROSEN ( ISHMAEL) was convicted of assault against women, Has had multiple women take out restraining orders against him and was taken out of his condo at 99 Harbour Square in downtown Toronto a few years back in handcuffs and shackles by multiple police officers charged with RAPING a fellow tennant—–
and you want to give him $$$$….give him $$ and you’ll rue the day–just save time and throw your $ in the garbage now?????
If I wasn’t telling the truth MR ISMAEL could sue me for slander—but he knows better!! rudimentary Pyramid Scam from a grade 11 Graduate who hasn’t done an honest day’s work in his life.
The Professional “””BEGGARMAN “” is still at it…. A little older and a LOT MORE WRINKLED but he’s still doing what he has always done—–ASK PEOPLE FOR THEIR HARD-EARNED $$ … GUARANTEED.
The best way to double your $$ with David T “Beggarman” Rosen is to fold your money in 2 and PUT IT BACK IN YOUR POCKET ASAP!!
I am listening to all the above comments and people “guessing” about whether Beggarman Rosen is a scammer or not???——-stop guessing and take IT FROM SOMEONE WHO LIVES WITH HIS EX and the mother of his daughter——HE ONLY KNOWS HOW TO SCAM AND ASK FOR MONEY!!!
He has never worked an honest day in his life and he WILL GLADLY take money from Seniors, The Disabled, The Impoverished, The Desperate with a HUGE SMILE ON HIS FACE—-that’s how he was “”raised””…..
PLEASE KEEP YOUR $$$ PLEASE!
I’m in the Caribbean and my account was disabled after i enrolled over 500 persons which means i cannot access nor get the money out!!
I’ve sent countless emails to (removed) and also utilised the phone numbers of the persons as well as (removed) which is the owners number and no one has responded.
IT’S SAFE TO SAY THIS MAN SCAMMED MY MONEY. A lot wasn’t adding up so i contacted the persons i invited and unfortunately, they’re unable to login as well.
We all did our fair share of research and came to an understanding that his authentic name is DAVY ISHMAEL who has scammed millions of people. He constantly changes his name to scam people from all over the world.
We should’ve done our research before proceeding but this is a lesson. Once he gets to use you, he then steals your money then blocks you from the website.
It’s safe to say this is a whole scam! You will mess with the wrong person one day!
OZ, Meagan IS Tremaine and what she is saying is bullshit, she didn’t enroll a single person and if you ask her what business she wouldn’t be able to give you an answer and if anybody enrolls a person 100% of the money goes to the people – I see none of it.
Please remove it.
And Bob lewis is NOT in any business, works in a call center in Toronto and wouldn’t know what MLM is if you gave him a book to read.
Please sir remove them.
We don’t remove reader comments just because scammers get upset.
Hi Everyone, It would be awesome to publish some actual police reports / judicial actions. I found this site and apparently you have to be a Canadian Citizen to pull a background check along with other criteria.
Anyone have any ideas? Here is the site I found:
If you use a VPN, you can select Canada and it should allow you to access the site.
When charges are filed and arrests are made, links to court proceedings are provided. If no charges and arrest, no court proceedings to post.
Reports to the police are not publicly available as they are confidential reports. Just because a report is filed does not mean there will be an investigation or the person is guilty of a crime. Thus why they are confidential.
Hope this helped.
Hi Lynn, What is a “VPN”?
Google will provide the details.