Paid Rocket Review: Two-tier matrix cash gifting
“Richard Stevenson” is identified as the Founder of Paid Rocket on the company website. No information other than Stevenson’s name is provided.
The Paid Rocket website domain (“paidrocket.com”) was registered on the 21st of March 2016, however the domain registration is set to private
Richard Stevenson is a good candidate for a generic Anglo-Saxon sounding name, so I’m flagging it as a potential false identity.
Languages provided on the Paid Rocket website include Spanish and English. Updates on the Paid Rocket Facebook page also appear in both languages.
Alexa currently estimates that some 58.2% of traffic to the Paid Rocket website originates out of Spain. Colombia is the second largest source of traffic at 12.4%
This suggests the Paid Rocket admin is probably based in Spain. “Richard Stevenson” as represented on the Paid Rocket website likely doesn’t exist.
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.
The Paid Rocket Product Line
Paid Rocket has no retailable products or services, with affiliates only able to market Paid Rocket affiliate membership itself.
Bundled with Paid Rocket affiliate membership is access to an ebook library.
The Paid Rocket Compensation Plan
The Paid Rocket compensation plan sees affiliates gift eachother $2 to $350. Payments in the scheme are tracked through a two-tier 4×4 matrix.
A 4×4 matrix places an affiliate at the top of a matrix, with four positions directly under them:
These initial four positions form the first level of the matrix, with the second level generated by splitting each of the four level 1 positions into another four positions each (16 positions).
The third and fourth levels are generated in the same manner, containing 64 and 256 positions respectively.
Positions on the first level of the matrix are filled via the recruitment of new Paid Rocket affiliates, who make gifting payments directly to the affiliate who recruited them.
The second to fourth levels of the matrix are unlocked when an affiliate makes additional cash gifting payments to their upline. Positions on these levels of their matrix are filled when affiliates in their downline then do the same.
A breakdown of gifting payments across Paid Rocket’s two 4×4 matrices is as follows:
- level 1 (positions cost $2) – receive $2 from four affiliates ($8)
- level 2 (unlock costs $5) – receive $5 from sixteen affiliates ($80)
- level 3 (unlock costs $10) – receive $10 from sixty-four affiliates ($640)
- level 4 (unlock costs $20) – receive $20 from two hundred and fifty-six affiliates ($5120)
- level 1 (unlock costs $50) – receive $50 from four affiliates ($200)
- level 2 (unlock costs $100) – receive $100 from sixteen affiliates ($1600)
- level 3 (unlock costs $180) – receive $180 from sixty-four affiliates ($11,520)
- level 4 (unlock costs $350) – receive $350 from two hundred and fifty-six affiliates ($89,600)
Joining Paid Rocket
Affiliate membership with Paid Rocket is tied to the purchase of at least one $2 matrix position.
Join, Invite and Receive Cash.
We never even handle that money – it is paid directly to our members.
The above is how Paid Rocket describe their MLM opportunity on the company website. Affiliates paying affiliates in MLM is cash gifting.
Using a matrix compensation structure, Paid Rocket affiliates make gifting payments to eachother.
In a linear scenario, for one Paid Rocket affiliate to receive $108,768, a whopping 54,384 $2 payments must be made. Owing to the non-linear manner in which matrices are filled, this number is actually higher.
Oh and that spiel about Paid Rocket not handling affiliate money is not entirely true either. In cash gifting schemes like this, the admin always sets up multiple pre-loaded positions.
These positions sit at the top of the company-wide Paid Rocket matrix, which guarantees they receive the majority of funds paid into the scheme.
In this sense the anonymous admin(s) of Paid Rocket does indeed handle funds deposited into the scheme.
As with all cash gifting schemes, the opportunity relies on constant recruitment of new affiliates pumping $2 or more into the scheme.
Get your 4 people in, teach them how to get their 4 in, and they teach their 4, so on and so forth.
It is not rocket science to do this. If you follow the steps, YOU WILL MAKE A LOT OF MONEY!
Once recruitment slows down, Paid Rocket’s matrices will begin to stall before collapsing altogether.
Given the matrix tiers are interlinked via gifting progression, a stall at the bottom of the matrix (recruitment) will be felt throughout all matrix levels.
The bundled Paid Rocket ebook library is neither here nor there. It exists only to offer a pseudo-compliance layer to the cash gifting taking place.
Logically affiliates who don’t access any ebooks would be entitled to a refund. Instead, as per Paid Rocket’s refund policy:
Do you give refunds?
All payments are final. We cannot refund money to you that has already been paid out to our members.
Refunds in a cash gifting scheme? Yeah right.