iThrive Network Review: iPro Network package pyramid reboot

iThrive Network provides no information on their website about who owns or runs the business.

The iThrive Network website domain (“ithrivenetwork.net”) was privately registered on June 4th, 2018.

From what I can gather iThrive Network is a reboot of the collapsed iPro Network scheme.

iPro Network launched in early 2017 and was attached to the ProCurrency altcoin (PROC).

iPro Network offloaded pre-generated PROC onto its affiliates, on the usual promises of riches.

On the MLM side of things, iPro Network paid commissions on recruitment of new affiliate investors.

In true MLM altcoin fashion PROC pumped upon its initial listing in late April 2017. PROC peaked at an all time high of 35 cents toward mid July.

This was followed by a sharp decline beginning August, with PROC currently trading at .06 cents (that’s 0.06 actual cents, not 6 cents).

By mid 2018 iPro Network itself had collapsed. In a desperate bid to keep the company going the association was PROC was abandoned (typical MLM altcoin exit-scam).

It was around this time that iThrive Network was announced.

Note that although iPro Network has been abandoned, for some reason the company’s website is still up.

In our March 2017 iPro Network review we noted Armando Contreras cited as CEO of the company.

Based on the lack of verifiable information provided on Contreras, we weren’t sure he actually existed.

We’re still not sure and iThrive Network’s website being devoid of executive information doesn’t inspire confidence.

A video titled “iThrive Launch Update 7-28-2018” was uploaded to the official iPro Network Vimeo channel on July 30th, 2018.

In the video Daniel Pacheco (right) is identified as “the president of the company”.

On his personal Facebook profile, Pacheco identifies himself as “President (organization) at iProNetwork”.

Pacheco appears to have been involved with iPro Network either from launch or from very early on.

Prior to iPro Network and iThrive Network, Pacheco was promoting the Lucrazon Global Ponzi scheme:

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.

iThrive Network Products

There are no retailable products or services listed on iThrive Network’s website.

iThrive Network affiliate membership provides access to the following course packages:

• Facebook mastery training
• Amazon dropshipping course
• cryptocurrency trading platform
• e-commerce mastery

iThrive Network Compensation Plan

iThrive Network affiliates sign up for $50 and then spend $100 to $6000 on packages.

• Basic – $100
• Intermediate – $500
• Accelerated – $2000
• Advanced – $3000
• eTrader – $5000
• Professional – $6000

Commissions are paid iThrive Network affiliates recruit new affiliates who do the same.

iThrive Network Affiliate Ranks

There are six ranks within the iThrive Network compensation plan.

Along with their respective qualification criteria they are as follows:

• Senior Consultant – generate 5000 GV in package purchase volume
• Executive Consultant – generate 30,000 GV in package purchase volume
• Director – generate 100,000 GV in package purchase volume
• Senior Director – generate 400,000 GV in package purchase volume
• Executive Director – not provided
• Senior Vice President – not provided

PV stands for “Personal Volume” and is sales volume generated by package purchases.

GV stands for “Group Volume” and is PV generated by an iThrive Network affiliate and their downline.

Note that no more than 40% of required GV can come from any one unilevel team leg.

Also note that iThrive Rank affiliate rank sets the following global commission and bonus caps:

• Senior Consultants can earn up to $3000 in total commissions and bonuses a week
• Executive Consultants can earn up to $10,000 in total commissions and bonuses a week (per binary position)
• Directors can earn up to $15,000 in total commissions and bonuses a week (additional $12,500 per additional binary position)
• Senior Directors can earn up to $50,000 in total commissions and bonuses a week (additional $12,500 per additional binary position)

Recruitment Commissions

iThrive Network affiliates earn 10% on packages purchased by personally recruited affiliates.

Recruitment Bonus

iThrive Network affiliates earn a one-time $400 bonus if all of the following three conditions are met:

1. they’ve purchased a Basic or higher package;
2. they’ve recruited at least two affiliates who have each also purchased a Basic or higher package; and
3. at least one of their personally recruited affiliates has recruited an affiliate who has also purchased at least a Basic package.

Residual Commissions

iThrive Network pays residual commissions via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.

Residual commissions are paid based on package purchases tallied up on both sides of the binary team.

At the end of each week, iThrive Network tallies up new package purchase volume.

Affiliates are paid 10% of volume generated on their weaker binary side.

Leftover volume on the stronger binary team side then carries over into the following week.

Note that how much an iThrive Network affiliate can earn in weekly residual commissions is capped based on which package they have purchased:

• Basic affiliates can earn up to $500
• Intermediate affiliates can earn up to $2500
• Accelerated affiliates can earn up to $7500
• Advanced affiliates can earn up to $12,500
• eTrader affiliates can earn up to $7500
• Professional affiliates can earn up to $35,000

Additional Binary Team Positions

iThrive Network affiliates are able to earn on up to seven binary team positions:

• Executive Consultants who have purchased the Intermediate or a higher package receive two additional binary team positions
• Senior Directors and higher who have purchased the Professional package receive six additional binary team positions

Additional binary team positions are stacked and effectively allow an iThrive Network affiliate to earn multiple times on generated binary team volume.

Matching Bonus

iThrive Network pays a Matching Bonus on downline residual commission earnings.

The Matching Bonus is paid out via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

iThrive Network caps the Matching Bonus at seven levels.

Matching Bonus percentages across these seven unilevel team levels are as follows:

• levels 1 to 5 – 10%
• levels 6 and 7 – 5%

Note that additional qualification criteria determines how many Matching Bonus levels an iThrive Network affiliate qualifies for:

• accumulate 10,000 PV in downline volume = 10% match on level 1 (personally recruited affiliates)
• accumulate 20,000 PV in downline volume = 10% match on levels 1 and 2
• accumulate 30,000 PV in downline volume = 10% match on levels 1 to 3
• accumulate 40,000 PV in downline volume = 10% match on levels 1 to 4
• accumulate 50,000 PV in downline volume = 10% match on levels 1 to 5
• accumulate 60,000 PV in downline volume = 10% match on levels 1 to 5 and 5% on level 6
• accumulate 70,000 PV in downline volume = 10% match on levels 1 to 5 and 5% on levels 6 and 7

PV stands for “Personal Volume” and is sales volume generated via package purchases.

As far as I can tell the iThrive Network compensation plan weights $1 spent on packages to 1 PV.

Note that for the purpose of Matching Bonus qualification, no more than 40% of required PV can come from any one unilevel team leg.

Leadership Bonus

iThrive Network affiliates can earn a bonus percentage on sales volume generated by personally recruited affiliates.

• Executive Consultants receive 1% of sales volume generated by recruited Consultants and Senior Consultants
• Directors receive 1.5% on sales volume generated by Consultants and Senior Consultants and 0.5% on Executive Consultants
• Senior Directors receive 2% on sales volume generated by Consultants and Senior Consultants, 1% on Executive Consultants and 0.5% on Directors
• Executive Directors receive 2.5% on sales volume generated by Consultants and Senior Consultants, 1.5% on Executive Consultants, 1% on Directors and 0.5% on Senior Directors
• Senior Vice Presidents receive 3% on Consultants and Senior Consultants, 2% on Executive Consultants, 1.5% on Directors, 1% on Senior Directors and 0.5% on Executive Directors

Joining iThrive Network

iThrive Network affiliate membership is $50 annually plus the purchase of at least one package:

• Basic – $100
• Intermediate – $500
• Accelerated – $2000
• Advanced – $3000
• eTrader – $5000
• Professional – $6000

The primary difference between the above packages is income potential via the iThrive Network compensation plan.

Conclusion

Having stolen as much from investors they can as an MLM cryptocurrency company, iPro Network has pivoted into “education, resources, training & tools”.

That’s essentially all iThrive Network is.

Retail is mentioned in the iThrive Network compensation plan, but let’s be honest – there’s absolutely zero retail focus within the company.

This is reflected by the complete lack of product information provided on the iThrive Network website, as well as most of the compensation plan geared toward recruitment.

You pay your $50, purchase packages to increase your income potential and then earn income by recruited others who do the same.

People you’ve recruited do the same, people they’ve recruited do the same and your income grows.

Or to simply iThrive Network even further – what was a Ponzi is now a pyramid.

With a ton of salty investors having lost money in iPro Network’s PROC pump and dump, the chances of iThrive Network going anywhere are slim.

Those who made money in iPro Network will do their best to encourage those below them to pony up again.

Beyond that though the appeal of generic “we need something to justify you depositing money” marketing packages is limited.

Once those that follow from iPro Network have paid up and what little new recruitment activity there is dies down, iThrive Network will again collapse.

As with Ponzi schemes, when a pyramid scheme collapses the majority of participants lose money.