Xtreme Pro System 2.0 Review: Ponzi cycler reboot with bitcoin
Xtreme Pro System initially launched in late 2014, as a Ponzi feeder for scams admin Johnny Ganoza was promoting at the time.
By March 2015 the scheme had collapsed, with Ganoza ditching the original Ponzi cycler for a single-level commission model.
That didn’t go down too well with Xtreme Pro System’s Ponzi investors, which prompted a hasty collapse.
A few days ago Xtreme Pro System 2.0 popped up, claiming to have ‘a new admin and a new complan‘.
There is no information on the Xtreme Pro System 2.0 website indicating who the “new admin” is.
The Xtreme Pro System 2.0 website domain (“xtremeprosystem.info”) was privately registered on July 11th, 2017.
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.
Xtreme Pro System 2.0 Products
Xtreme Pro System 2.0 has no retailable products or services, with affiliates only able to market Xtreme Pro System 2.0 affiliate membership itself.
Once signed up, Xtreme Pro System 2.0 affiliates invest in matrix positions.
Bundled with each position purchase are ad credits, which affiliates can use to display advertising on the Xtreme Pro System 2.0 website.
The Xtreme Pro System 2.0 Compensation Plan
Xtreme Pro System 2.0 affiliates purchase 3×2 matrix cycler positions with bitcoin.
A 3×2 matrix places an Xtreme Pro System 2.0 affiliate at the top of a matrix, with three positions directly under them:
These three positions form the first level of the matrix.
The second level of the matrix is generated by splitting each of these three positions into another three positions each (9 positions), resulting in a total of twelve positions to fill.
A ROI commission is paid when all positions in the matrix are filled.
Positions in the matrix are filled via position purchases by existing and newly recruited Xtreme Pro System 2.0 affiliates.
Xtreme Pro System 2.0 offers three cycler tiers, differing in both position purchase price and advertised ROI.
- Starter Pack – positions cost $25, pays a $150 ROI
- Xtreme Pack – positions cost $50, pays a $300 ROI
- High Ticket Xtreme – positions cost $150, pays a $1000 ROI
A direct referral commission is paid out when personally recruited affiliates purchase cycler positions:
- Starter Pack purchase generates a $2.50 referral commission
- Xtreme Pack purchase generates a $5 referral commission
- High Ticket Xtreme purchase generates a $15 referral commission
Joining Xtreme Pro System 2.0
Xtreme Pro System 2.0 affiliate membership is free, however free affiliates can only earn referral commissions.
Full participation in the Xtreme Pro System 2.0 income opportunity requires a minimum $25 cycler position purchase.
For all intents and purposes Xtreme Pro System 2.0 is a reboot of the original Ponzi cycler, only this time with bitcoin.
Whereas the original Xtreme Pro System offered one $45 cycler tier, 2.0 has extended that to three.
The underlying business model however is the same, with each cycler tier simply shuffling newly invested funds around to pay off existing investors.
This is confirmed not only in Xtreme Pro System 2.0’s business model, but also in the company’s FAQ:
What if I purchase ad pack/positions and change my mind, Is there any refunds?
Absolutely NO REFUNDS since we are paying other members for cycling from your purchases of ad pack/positions.
The adpack component of the business is pseudo-compliance. The SEC called out adpack Ponzis last year, reaffirming that what you bundle with Ponzi investment is irrelevant.
As with all Ponzi schemes, once affiliate recruitment slows down so too will the rate of newly invested funds.
Being a matrix-based scheme, this will see Xtreme Pro System 2.0’s matrix cyclers stall. Once enough cyclers have stall, a company-wide collapse will trigger.
The original Xtreme Pro System lasted less than six months and resulted in widespread affiliate investor losses.
Xtreme Pro System 2.0 using the same model but with bitcoin isn’t going to wind up any different.