Matrix2Cycler Review: 2×2 matrix cycler Ponzi scheme
There is no information on the Matrix2Cycler website indicating who owns or runs the business.
The Matrix2Cycler website domain (“matrix2cycler.com”) was privately registered on November 16th, 2016.
The official Matrix2Cycler Facebook group lists four admins; Jaksa Cosic, Blaženka Baggy Franjić, Lejla Balagic Pavlovic and Sanel Klapuh.
Lejla Pavlovic and Sanel Klapuh appear to own or co-own Matrix2Cycler. Both list themselves as owners and admins of Traffic Circle Share, a recently launched HYIP adcredit Ponzi scheme.
Traffic Circle Share promise affiliates a 120% ROI and launched in mid 2016.
Alexa traffic estimates for the Traffic Circle Share website show it flatlined in November and began to decline last month.
Matrix2Cycler was launched late last year, likely in response to Traffic Circle Share heading for collapse.
Read on for a full review of the Matrix2Cycler MLM opportunity.
The Matrix2Cycler Product Line
Matrix2Cycler has no retailable products or services, with affiliates only able to market Matrix2Cycler affiliate membership itself.
The Matrix2Cycler Compensation Plan
Matrix2Cycler affiliates invest 0.06 BTC in 2×2 matrix cycler positions, on the promise of a 0.34 BTC ROI.
A 2×2 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 each these first two positions into another two positions each.
Positions in the matrix are filled when newly recruited and existing Matrix2Cycler affiliates invest and re-invest in new cycler positions.
When all six positions in a Matrix2Cycler matrix are filled, a “cycle” is triggered and a 0.34 BTC commission is paid out. A new 2×2 matrix position is also generated.
Matrix2Cycler affiliate membership is free however to participate in the attached income opportunity, affiliates must invest in at least one 0.06 BTC matrix position.
Building on the single-level Traffic Circle Share investment scheme, Lejla Pavlovic and Sanel Klapuh have added an MLM component to their Ponzi scamming.
Matrix2Cycler recycles newly invested funds to pay affiliates who invest 0.06 BTC a 0.34 BTC ROI.
The use of newly invested funds to pay off existing investors makes Matrix2Cycler a Ponzi scheme.
Traffic Circle Share needs to continue to generate a 120% ROI for investors. This is not possible when recruitment dies off, as evidenced by a decline in traffic to the Traffic Circle Share website.
Enter Matrix2Cycler, a new opportunity designed to make people forget about Traffic Circle Share and continue to invest.
In addition to preloaded admin positions, Matrix2Cycler will have started with a bunch of positions invested in by Traffic Circle Share affiliates.
The idea is that people who weren’t part of Traffic Circle Share will now fund ROI payments for those that lost money in the scheme.
The Matrix2Cycler website currently advertises three additional matrix cyclers as “coming soon”.
The plan seems to be as one cycler collapses to launch a new one. Rather than as separate companies each time though, in Matrix2Cycler it’s happening within the one company.
In any event the end result is the same – Matrix2Cycler will collapse as soon as affiliate recruitment drops off.
Pavlovic, Klapuh and top Traffic Circle Share affiliates will make off with most of the money invested, with the rest of the affiliate-base taking a loss.
Can I get a refund?
No refunds, because all payments are final.
The use of bitcoin also means Matrix2Cycler victim fund recovery will be next to impossible.