One Hundred K Club Review: 4×7 matrix pyramid scheme
One Hundred K Club fails to provide any information about who owns or runs the business on their website.
The One Hundred K Club website domain (“onehundredk.club”) was privately registered on December 26th, 2018.
If you visit the One Hundred K Club website without an affiliate referral code, you are automatically referred under “admin2”.
The provided messenger link for the “admin2” account belongs to Lynn Hamilton.
I was able to reproduce this for “admin” so it seems Hamilton (right) has more than one admin account.
On Facebook Lynn Hamilton manages the official One Hundred K Club group.
Read on for a full review of the One Hundred K Club MLM opportunity.
One Hundred K Club Products
One Hundred K Club has no retailable products or services, with affiliates only able to market One Hundred K Club affiliate membership itself.
Bundled with One Hundred K Club affiliate membership are various marketing tools.
Our expert member trainer Amanda Wray earned over $500,000 in 2018.
She will teach you everything she knows so that you can learn the skills you need to also become a six figure earner.
A visit to Amanda Wray’s YouTube channel reveals promotion of several illegal cash gifting schemes.
Wray is also an admin/moderator of the official One Hundred K Club Facebook group.
The One Hundred K Club Compensation Plan
One Hundred K Club affiliates pay $60 a month. Commissions are paid when they recruit others who do the same.
One Hundred K Club tracks commissions via a 4×7 matrix.
A 4×7 matrix places a One Hundred K Club affiliate at the top of a matrix, with four positions directly under them:
These four positions form the first level of the matrix. The second level of the matrix is generated by splitting these first four positions into another four positions each (16 positions).
Levels three to seven of the matrix are generated in the same manner, with each new level housing four times as many positions as the previous level.
Positions in the matrix are filled via direct and indirect recruitment of new One Hundred K Club affiliates.
These affiliates pay a $60 month fee to qualify for commissions.
One Hundred K Club affiliates are paid $15 per month per affiliate they personally recruit. A $5 per month commission is paid on non personally recruited matrix affiliates.
As commissions are tied to $60 monthly payments, commissions are paid out as long as One Hundred K Club affiliates continue to pay monthly fees.
Joining One Hundred K Club
One Hundred K Club affiliate membership is $60 a month.
One Hundred K Club is an old school marketing tools pyramid scheme.
You sign up, pay a fee, recruit others who do the same and earn off their fees.
Owing to the MLM nature of the business, a residual commission is also paid on indirectly recruited affiliates (those recruited by your upline or downline).
Nothing is marketed to or sold to retail customers, making the marketing tools bundled with affiliate fee payments meaningless from a regulatory perspective.
No matter what an MLM company bundled with affiliate payments, if their affiliates aren’t marketing or selling anything to retail customers, they’re operating a pyramid scheme.
Being a matrix-based pyramid scheme, commissions within One Hundred K Club will payout as long as recruitment occurs.
When recruitment inevitably slows, those at the bottom of the company-wide matrix will cease paying their monthly fees.
This will see those above them stop getting paid. Unless they can replace those lost (increasingly unlikely over time), they eventually also stop paying monthly fees.
Those above them then stop getting paid, and eventually this causes an irreversible collapse.
Although it’s marketed as a club in which affiliates make $100,000, in reality only Lynn Hamilton, Amanda Wray and those they’ve placed at the top will make anywhere near that.
In order for that happen, the majority of One Hundred K Club affiliates must lose money.