God Gift Matrix Review: Nine-tier bitcoin gifting scheme
God Gift Matrix provide no information on their website about who owns or runs the business.
The God Gift Matrix website domain (“godgiftmatrix.biz”) was privately registered on August 8th, 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.
God Gift Matrix Products
God Gift Matrix has no retailable products or services, with affiliates only able to market God Gift Matrix affiliate membership itself.
God Gift Matrix affiliate membership provides access to ad credits, which can be used to display advertising on the God Gift Matrix website.
The God Gift Matrix Compensation Plan
God Gift Matrix affiliates gift bitcoin to each other via a 2×9 matrix.
A 2×9 matrix places a God Gift 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 first two positions into another two positions each (4 positions).
Levels three to nine of the matrix are generated in the same manner, with each new level housing twice as many positions as the previous level.
A God Gift Matrix affiliate signs up and gifts 0.0002 BTC to an existing affiliate.
This payment in turn qualifies them to receive 0.0002 BTC from two affiliates recruited into the first level of their matrix.
Levels two to nine of the matrix operate in the same manner, with each level requiring a gifting payment made before payments are received from other affiliates.
- level 1 – gift 0.0002 BTC and receive 0.0002 BTC from two affiliates
- level 2 – gift 0.0003 BTC and receive 0.0003 BTC from four affiliates
- level 3 – gift 0.0006 BTC and receive 0.0006 BTC from eight affiliates
- level 4 – gift 0.003 BTC and receive 0.003 BTC from sixteen affiliates
- level 5 – gift 0.02 BTC and receive 0.02 BTC from thirty-two affiliates
- level 6 – gift 0.1 BTC and receive 0.1 BTC from sixty-four affiliates
- level 7 – gift 0.25 BTC and receive 0.25 BTC from one hundred and twenty-eight affiliates
- level 8 – gift 1 BTC and receive 1 BTC from two hundred and fifty-six affiliates
- level 9 – gift 4 BTC and receive 4 BTC from five hundred and twelve affiliates
Joining God Gift Matrix
God Gift Matrix affiliate membership is tied to a 0.0002 BTC gifting payment.
Full participation in the God Gift Matrix MLM opportunity costs 5.3741 BTC.
Under the guise of running a “peer-to-peer donation network”, God Gift Matrix operates as a nine-tier bitcoin gifting scheme.
What separates God Gift Matrix gifting payments from legitimate donations, is that donations are made without the expectation of payment in return.
The only reason God Gift Matrix affiliates gift funds into the system is it qualifies them to receive gifting payments from other affiliate participants.
Matrix-based gifting schemes primarily benefit the admin(s) running them. This occurs through a combination of preloaded admin positions and gifting payment pass-ups at each level.
Each matrix level requires larger and larger amounts gifted upline, with the admins positions “first-in-line” to receive those payments.
Q: Are There Any Refunds On Positions Purchase?
Your Positions purchases are NON-REFUNDABLE.
A few early adopters might make a bit of money. But once affiliate recruitment inevitably slows down and God Gift Matrix collapses, the majority of affiliates will lose money.