Royalty Crowdfunding Review: Seven tier cash gifting scheme
There is no information on the Royalty Crowdfunding website indicating who owns or runs the business.
The Royalty Crowdfunding website domain (“royaltycrowdfunding.org”) was registered on the 15th of June 2016. “Royalty Crowdfunding” is listed as the owner, with an address in Manila, Philippines also provided.
Further research reveals the email address used to register the Royalty Crowdfunding domain belongs to Edwin Ramos.
On the 28th of June, Ramos published a Royalty Crowdfunding marketing pitch on his Facebook wall. The affiliate referral code used was “royaltyadmin”.
Edwin Ramos (right) first popped up on BehindMLM’s radar as the owner of Blessing4All in 2014.
Blessing4All was a matrix cycler pyramid scheme. It collapsed shortly after launch.
Recent scams marketed by Ramos include the Ponzi schemes iGems2Gold and Global InterGold (formally EmGoldex).
Read on for a full review of the Royalty Crowdfunding MLM opportunity.
The Royalty Crowdfunding Product Line
Royalty Crowdfunding has no retailable products or services, with affiliates only able to market Royalty Crowdfunding affiliate membership itself.
The Royalty Crowdfunding Compensation Plan
The Royalty Crowdfunding compensation plan sees affiliates gift eachother $25 through a 3×7 matrix.
A 3×7 matrix places an affiliate at the top of a matrix, with three positions directly under them:
These initial three positions form the first level of the matrix. The second level of the matrix is generated by splitting each of the first three positions into another three positions each (9 positions).
Subsequent levels of the matrix are generated in the same manner, with each new level of the matrix housing three times as many positions as the previous level.
A complete 3×7 matrix houses 3279 positions.
Positions in the matrix are filled via direct and indirect recruitment of Royalty Crowdfunding affiliates, each gifting $25 into the scheme.
Of this $25:
- Royalty Crowdfunding keeps $5
- $10 is paid to the recruiting affiliate and
- $10 is paid to the affiliate who recruited the immediate upline
The first level of the matrix sees a Royalty Crowdfunding affiliate receive $10 from three subsequently recruited affiliates.
A $30 gifting fee is then paid again to the recruiting affiliate.
In this manner all seven matrix levels are unlocked via gifting payments as follows:
- level 1 (positions cost $25) – $25 gifting payment qualifies an affiliate to receive $10 from three affiliates
- level 2 – $30 gifting payment qualifies an affiliate to receive $30 gifting payments from nine affiliates
- level 3 – $60 gifting payment qualifies an affiliate to receive $60 gifting payments from twenty-seven affiliates
- level 4 – $120 gifting payment qualifies an affiliate to receive $120 gifting payments from eighty-one affiliates
- level 5 – $240 gifting payment qualifies an affiliate to receive $240 gifting payments from two hundred and forty-three affiliates
- level 6 – $480 gifting payment qualifies an affiliate to receive $480 gifting payments from seven hundred and twenty-nine affiliates
- level 7 – $960 gifting payment qualifies an affiliate to receive $960 gifting payments from two thousand one hundred and eighty-seven affiliates
All payments in Royalty Crowdfunding are made via bitcoin.
Joining Royalty Crowdfunding
Affiliate membership with Royalty Crowdfunding is tied to a $25 cash gifting payment to the affiliate who recruited you.
Conclusion
Under the alias “4u2win”, Edwin Ramos has been scamming people in Ponzi and cash gifting schemes for years.
Using the ruse of crowdfunding, Royalty Crowdfunding it little more than a seven-tier cash gifting scheme.
Once your account gets activated at a Squire position, you can now crate and publish your projects that need funding.
You start raising funds for projects like…
- funds to build your own family house
- funds to support your children’s education
- funds for medical expenses for health restoration
- fund for you to start or expand your own business
- funds for organizations, churches or cooperative projects
- funds to support a community cause or environmental projects
Regardless of what is mentioned on the Royalty Crowdfunding website, payments within the scheme are made between affiliates and constitute cash gifting.
In legitimate crowdfunding, making a donation does not qualify you to receive donations from other donors.
This is the prime difference between Royalty Crowdfunding’s cash gifting scheme and legitimate crowdfunding.
Through increasing amounts required to unlock each new matrix level, Edwin Ramos will withdraw the majority of funds deposited into Royalty Crowdfunding.
This is achieved through one or more preloaded positions, with Ramos created before going public with the site.
These preloaded positions are always at the top of the cash gifting train, receiving all of the initial gifting payments from those upgrading their matrix levels.
The scheme isn’t designed to last much longer than that, with recruitment numbers required to sustain the scam seeing it shortly collapse under its own weight.
Being a matrix-based gifting scheme, this will present itself by way of matrix payments being made less and less frequently, before stopping altogether.
At that point Royalty Crowdfunding will have collapsed, with Ramos doing a runner with your money.
The use of bitcoin by Royalty Crowdfunding also means that the prospect of recovery for victims is slim to none.
