Leased Ad Space Review: 8×7 matrix cash gifting
There is no information on the Leased Ad Space website indicating who owns or runs the business.
The Leased Ad Space website domain (“leasedadspace.com”) was registered on the 1st of September 2015, with Richard Weberg listed as the owner. An address in the US state of Minnesota is also provided.
Weberg (right) first appeared on BehindMLM’s radar as a co-founder of Green Label Network. Despite prominently featuring in Green Label Network marketing videos, Weberg later disowned the company (see update on our review).
Under the guise of reselling WordPress (a free blogging platform), Green Label Network saw affiliates gift eachother $25 a month. Launched in 2013, the scheme never really took off.
Last year Weberg launched Your Eight Steps, a $14.95 a month feeder into Weberg’s Pure Leverage downline.
Read on for a full review of the Leased Ad Space MLM business opportunity.
The Leased Ad Space Product Line
Leased Ad Space has no retailable products or services, with affiliates only able to market Leased Ad Space affiliate membership itself.
Once signed up, Leased Ad Space affiliates gift money to the affiliate who recruited them, which qualifies them to earn commissions.
Gifting payments made within Leased Ad Space also qualify an affiliate to participate in an offered traffic exchange program.
The Leased Ad Space Compensation Plan
The Leased Ad Space compensation plan sees affiliates gift $7 to $147 to the affiliate who recruited them.
Payments are tracked through an 8×7 matrix, which also tracks an affiliate’s downline and subsequent incoming gifting payments.
An 8×7 matrix places an affiliate at the top of a matrix, with eight positions directly under them.
These eight positions form the first level of the matrix, with level 2 generated by splitting each of the level 1 eight positions into another eight positions each (64 positions).
Level 3 is created by again splitting all sixty-four positions on level 2 into another eight positions each (512 positions).
In this manner subsequent levels in an 8×7 matrix are generated down to level 7, with a full matrix housing over 2 million positions.
Positions are filled when recruited affiliates gift the affiliate who recruited them, with payments required on each level of the matrix to unlock them.
- level 1 (8 positions) – $7
- level 2 (64 positions) – $17
- level 3 (512 positions) – $27
- level 4 (4096 positions) – $47
- level 5 (32,768 positions) – $67
- level 6 (262,144 positions) – 87
- level 7 (2,097,152 positions) – $147
Once a level of the matrix is unlocked via payment, this qualifies an affiliate to receive payment from recruited affiliates placed in their matrix on that level.
Note that a Leased Ad Space affiliate cannot receive gifting payments on a matrix level they have not yet bought in at.
Joining Leased Ad Space
Affiliate membership with Leased Ad Space is free, however affiliates must gift $7 to the affiliate who recruited them to earn commissions.
Full participation in the Leased Ad Space compensation plan requires a gifting payment of $399.
Under the guise of offering “100% commissions” on the sale of traffic exchange credits, Leased Ad Space operate a seven-tier cash gifting scheme.
Affiliates buy in for $7, which qualifies them to receive $7 from recruited affiliates.
They then need to make subsequent gifting payments to the affiliate who recruited them, which in turn qualifies them to receive the same from their downline.
Nothing is marketed to or sold to retail customers, with all commission payments within Leased Ad Space made between participating affiliates.
As with all such schemes, once recruitment of new participants dies out, gifting payments within the scheme will drop off and trigger a collapse.
Mathematically a cash gifting scheme guarantees the majority of participants will lose money, as those who got in early receive the lion’s share of gifted funds (each level of the matrix is more expensive to unlock than the previous).
It should also go without saying that not even Richard Weberg, who will have created one or more positions at the top of the Leased Ad Space company-wide matrix, is going to get anywhere near filling a 2 million position matrix.