The Coin Nuggets website identifies Michael Weber, CEO of I-Affiliate Marketing Inc., as owner of the company.

Weber first appeared on BehindMLM in 2015 as admin of the
X100K
pyramid scheme.

After collapsing a number of times X100K was abandoned in early 2016. Weber (right) returned later in the year with
PIF2Cash
, a Ponzi cycler.

Alexa traffic estimates for the PIF2Cash website suggest the scheme began to collapse in February.

Read on for a full review of the Coin Nuggets MLM opportunity.

Coin Nuggets Products

Coin Nuggets has no retailable products or services, with affiliates only able to market Coin Nuggets affiliate membership itself.

Once signed up, Coin Nuggets affiliates purchase matrix positions to participate in the attached income opportunity.

Bundled with these matrix position purchases is access to a “marketing and downloads package” and advertising credits.

The Coin Nuggets Compensation Plan

Coin Nuggets affiliates purchase 1 cent positions in a two-tier matrix cycler.

Matrix sizes used in the Coin Nuggets cycler are 2×4 and 2×5.

A 2×4 matrix places a Coin Nuggets 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 four of the matrix are generated in the same manner, with each new level housing twice as many positions as the previous level (8 and 16 positions respectively).

A 2×5 matrix expands the matrix by one level, adding another 32 positions to the matrix.

A Coin Nuggets affiliate signs up and purchases a 1 cent position in the 2×5 “Coin Matrix”.

As positions are purchased by other Coin Nuggets affiliates, eventually level one of the matrix fills up.

This triggers a “cycle”, which pays out a commission and unlocks the next level of the matrix.

Once all five levels of the Coin Matrix are filled, the position then cycles into the “Nugget Matrix”.

The Nugget Matrix operates in the same manner as the Coin Matrix, requiring positions at each level to be filled to trigger a cycle commission.

Cycle commissions paid out across Coin Nugget’s two-tier cycler are as follows:

Coin Matrix level 1 (positions cost 1 cent) – 1 cent commission and cycles into level 2

Coin Matrix level 2 – 4 cents commission, generates a new Coin Matrix level 1 position and cycles into Coin Matrix level 3

Coin Matrix level 3 – 20 cents commission, generates a new Coin Matrix level 1 position and cycles into Coin Matrix level 4

Coin Matrix level 4 – $3.75 commission, generates a new Coin Matrix level 1 position and cycles into Coin Matrix level 5

Coin Matrix level 5 – $256 commission and cycles into Nugget Matrix level 1

Nugget Matrix level 1 – $5 commission and cycles into Nugget Matrix level 2

Nugget Matrix level 2 – $20 commission and cycles into Nugget Matrix level 3

Nugget Matrix level 3 – $375 commission


🤖 Quick Answer

Who is the owner of Coin Nuggets?
Michael Weber, CEO of I-Affiliate Marketing Inc., is identified as the owner of Coin Nuggets. Weber previously appeared in 2015 as administrator of the X100K pyramid scheme and later launched PIF2Cash, a Ponzi cycler scheme, before its collapse in February.

What products does Coin Nuggets offer?
Coin Nuggets has no retailable products or services. Affiliates can only market Coin Nuggets membership itself. Upon registration, affiliates must purchase matrix positions to participate in the income opportunity structure.

What is the business model of Coin Nuggets?
Coin Nuggets operates as a two-tier system with a 1 cent subscription model. Affiliates generate income by recruiting new members and purchasing matrix positions rather than selling tangible products or services to retail customers.


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