RJGM Power Team Review: 2×5 matrix bitcoin gifting
RJGM Power Team name four admins on their website; Janice Lee, Shual Thomas, Gary Phillips and Lee Woodsum.
According to a Facebook post by Janice Lee on July 16th, RJGM Powerbuild initially launched a few months ago.
After promptly collapsing it was relaunched as RJGM Power Build. which also collapsed.
The current version of the company has been renamed back to RJGM Power Team and relaunched with a new website domain on August 5th.
Over the last few months Lee has promoted a number of bitcoin scams, including BitComet, Bitcoins Brain, Project Ethereum and JetCoin.
Gary Phillips also promoted JetCoin and Project Ethereum.
Outside of RJGM Power Build, Shual Thomas and Lee Woodsum do not publicly promote MLM opportunities.
Read on for a full review of the RJGM Power Team MLM opportunity.
RJGM Power Team Products
RJGM Power Team has no retailable products or services, with affiliates only able to market RJGM Power Team affiliate membership itself.
The RJGM Power Team Compensation Plan
RJGM affiliates gift bitcoin to each other via a 2×5 matrix.
A 2×5 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 these first two positions into another two positions each (4 positions).
Levels three to five of the matrix are generated in the same manner, with each new level housing twice as many positions as the previous level.
An RJGM Power Team affiliate signs up and gifts 0.002 BTC to the affiliate who recruited them.
This payment in turn qualifies the affiliate to receive 0.002 BTC from two subsequently recruited affiliates, placed into the first level of their matrix.
Levels two to five of the matrix operate in the same manner, with a gifting payment required to qualify to receive gifting payments from other RJGM Power Team affiliates on the same level.
- level 1 – gift 0.002 BTC to the affiliate who recruited you and receive 0.002 BTC from two subsequently recruited affiliates
- level 2 – gift 0.003 BTC and receive 0.003 BTC from four affiliates
- level 3 – gift 0.01 BTC and receive 0.05 BTC from eight affiliates
- level 4 – gift 0.05 BTC and receive 0.05 BTC from sixteen affiliates
- level 5 – gift 0.5 BTC and receive 0.5 BTC from thirty-two affiliates
Joining RJGM Power Team
RJGM Power Team affiliate membership is tied to a 0.002 BTC gifting payment.
Full participation in the RJGM Power Team income opportunity costs 0.565 BTC.
Conclusion
The pseudo-compliance ruse RJGM Power Team use to justify gifting fraud is that donations are being made between affiliates.
Are there any refunds?
Since this is a member 2 member donation program, the donations are being given freely and willingly (nothing is being purchased), there are no refunds.
The difference between legitimate donations and payments in RJGM Power Team is there’s no expectation of return payments with legitimate donations.
RJGM Power Team affiliates pay funds solely on the expectation they’ll receive return payments from other affiliates. This is cash gifting.
Cash gifting is illegal in each of the four jurisdictions RJGM Power Team’s admins operate in. And for good reason.
Cash gifting schemes, like pyramid schemes, rely on recruitment to fend off an inevitable collapse.
Without constant recruitment, there’s no funds entering the bottom of the gifting scheme – which means those who’ve already bought in aren’t getting paid.
Eventually recruitment slows or stops to the point where a collapse is triggered, resulting in the majority of participants lose money.
RJGM Power Team is no different, as evidenced by the two reboots it’s already gone through.
Third time’s the charm? Not when it comes to illegal gifting schemes.
I cannot believe how many people are falling for this!
There are no products or services There are no referral links.
Everyone is joining through the admin link, filling the matrix’s of the four admins
In the how it works section on the website, it states “Each time your account reaches 14 BTC you have to open 100 new accounts”.
Janice is a miserable person who must be feeling the stress of ripping off thousands of people around the world..
Shes always barking at everyone who asks a question.. She is the worst admin I have ever seen..
The rjgmpowerbuild site is down.
Typical response when these ponzi’s start collapsing, Janice Lee is blaming the hosting company.
Janice Lee’s post in the fb group isn’t very encouraging for the members of the RJGM Power Team.
Waiting for what? New victims to join so they can rip them off?
#RIP
Janice Lee admits on facebook “a 2×5 is huge and it takes a lot of time to build it and when your time comes you will move up again and then again until you get the 14 btc.
It isn’t a day, week, month or even a couple of month thing. I have been building it since December 18 2016 and I am the top person and I am not at my 14 btc as yet”
So her solution-start another ponzi scheme
Hi everyone
I personally totally disagree with all the write ups written here. I am old member of the team and connected since the launch.
Ups and downs are always part of any business however you cant point anybody’s sincerity. Janice she is doing a great work in whatever resources she has available.
I know she personally took loans to keep this program going to make is successful. I Understand the tempo is very slow but without the active participants and their contributions it is impossible to grow.
Each program require commitments from both side and for me I think Janice is playing her role now its all depends on members how they regularly add positions from their earnings.
Myself feel that this is passive long time income where you will have regular income stream if you are putting in pace then my guarantee you will get the continous benefit and fruit from it.
Regards
All gifting schemes collapse once recruitment runs dry, which from your description is what is happening.
Stop making excuses for scammers.