The Income Rocket Review: NFT grift matrix cycler Ponzi
The Income Rocket fails to provide company ownership or executive information on its website.
The Income Rocket’s website domain (“theincrocket.com”), was privately registered on August 8th, 2022.
If we look at The Income Rocket’s website source-code, we can see the template was copied from the domain “surielementor.com”.
This reveals The Income Rocket’s website design is a $30 off-the-shelf template.
We’ll explore why this is relevant in the conclusion of this review.
Administration of The Income Rocket takes place through a shady Telegram group:
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 Income Rocket’s Products
The Income Rocket has no retailable products or services.
Affiliates are only able to market The Income Rocket affiliate membership itself.
The Income Rocket affiliate membership provides access to an internal advertising platform.
The Income Rocket’s Compensation Plan
The Income Rocket affiliates purchase $12 matrix cycler positions.
The Income Rocket uses a 2×3 matrix in its cycler.
A 2×3 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).
Level three of the matrix is generated in the same manner (8 positions), resulting in a total of fourteen positions to fill.
Positions in the matrix are filled when directly and indirectly recruited The Income Rocket affiliates also purchase positions.
The Income Rocket’s cycler has six tiers.
New The Income Rocket affiliates pay $12, $10 of which is used to fund a tier 1 position.
Upon filling all positions of a tier 1 matrix, a $40 commission is paid out, a new tier 1 position is created and the affiliate “cycles” into tier 2.
Payments across all six The Income Rockets cycler tiers are as follows:
- Tier 1 (positions cost $12) – $40 commission, generates a new Tier 1 position and a new Tier 2 position
- Tier 2 – $120 commission and generates a new Tier 3 position
- Tier 3 – $400 commission, generates five new Tier 1 positions and a new Tier 4 position
- Tier 4 – $1520 commission, generates forty new Tier 1 positions and a new Tier 5 position
- Tier 5 – $4800 commission, generates one hundred new Tier 1 positions and a new Tier 6 position
- Tier 6 – $80,000 commission paid out
Joining The Income Rocket
The Income Rocket affiliate membership is tied to the purchase of matrix cycler positions.
The Income Rocket encourages affiliates to spend up to $1200 on positions when they sign up:
The Income Rocket solicits investment in tron, tether and bitcoin.
The Income Rocket Conclusion
The Income Rocket is a simple matrix cycler Ponzi.
New affiliates are recruited and invest in $10 cycler positions. This is done on the promise of a theoretical $86,880 ROI.
I say theoretical because math guarantees the only participants who will get anywhere near that are The Income Rocket’s owner and early investors.
A full $86,880 ROI payment drains $10 from 8688 positions. That same position cycling through all six tiers also generates 146 new tier 1 positions.
That alone creates an additional ROI liability of $12,684,480 (1,268,448 $10 positions to drain).
Remember, that’s one $10 position. You don’t even need to count five positions to realize just how quickly the math behind The Rocket Income gets ridiculous.
The reason The Income Rocket’s admin and early investors make off with the majority of invested funds is two-fold:
- they have the first positions entered into the system. They thus cycle to the higher tiers first and flood the system with additionally created positions.
- funds are funneled up to the higher tiers, grouping invested funds to payouts from earlier positions cycling.
Whoever owns The Income Rocket additionally reaps $2 from every single $10 position invested in.
As for The Income Rockert’s advertising pseudo-compliance, as per the SEC, adding adcredits to a Ponzi scheme doesn’t legitimize fraud.
The NFT is another money spinner for The Income Rocket’s admin. What makes NFTs attractive to those that create is finding suckers to sell them to, who find suckers to sell them to etc.
Each sale generates a cut for the creator. Although they’ve probably farmed out crappy designs like The Income Rocket’s website template, nonetheless the admin will be the creator of the NFTs.
On the remote chance a The Income Rocket NFT is sold, that primarily benefits the company’s owner.
In summary, the NFT side of The Income Rocket has nothing to do with its cycler opportunity.
It exists because The Income Rocket’s admin is a crypto bro jumping on a collapsed fad bandwagon.
As with all MLM cycler Ponzi schemes, affiliate recruitment inevitably drying up will see The Income Rocket’s matrices stall.
Once enough matrices have stalled, an irreversible collapse is triggered.
This traps what hasn’t been withdrawn in the system (i.e. the admin keeps the money), resulting in the majority of participants losing money.