CoopCrowd identifies David T Rosen as its founder.
Our founder David T Rosen created the world’s first global crowdfunding system, 5 Star Exchange in March 2001, and we have been successfully delivering great crowdfunding systems without interruption around the globe for two decades.
Rosen, a Canadian resident, refers to cash gifting as crowdfunding.
Rosen first popped up on BehindMLM’s radar in 2015, as founder of the
PIE 24/7
pyramid scheme.
In early 2018 Rosen launched
Cooperative Crowdfunding
, a matrix-based gifting scheme. This was followed by
50/50 Crowdfunding
in late 2018.
In late 2019 Rosen rebooted 50/50 Crowdfunding as
CoopCrowd
.
After the first iteration of CoopCrowd collapsed, Rosen launched Coop5050 in late 2020.
Coop5050 began to collapse in late 2021, prompting Rosen to announce a CoopCrowd reboot.
To keep things simple we’ll refer to the CoopCrowd reboot as “CoopCrowd 2022”.
Read on for a full review of CoopCrowd 2022’s MLM opportunity.
CoopCrowd 2022’s Products
CoopCrowd 2022 has no retailable products or services.
Affiliates are only able to market CoopCrowd 2022 affiliate membership itself.
CoopCrowd 2022’s Compensation Plan
CoopCrowd 2022 affiliates buy into a two-tier matrix-based pyramid scheme for $84.
CoopCrowd 2022 uses a 3×10 matrix to pay pyramid recruitment commissions.
A 3×10 matrix places an 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 these first three positions into another three positions each.
Levels three to ten of the matrix are generated in the same manner, with each new level housing three times as many positions as the previous level.
Positions in the matrix are filled via direct and indirect recruitment of new affiliates.
As positions in the matrix are filled, recruitment commissions are paid as follows:
level 1 (3 positions) – $8.66 per position filled
level 2 (9 positions) – $4.22 per position filled
level 3 (27 positions) – $3.22 per position filled
level 4 (81 positions) – $2.07 per position filled
level 5 (243 positions) – $1.02 per position filled
level 6 (729 positions) – $2.45 per position filled
level 7 (2187 positions) – $1.91 per position filled
level 8 (6561 positions) – $1.63 per position filled
level 9 (19,683 positions) – $2.17 per position filled
level 10 (59,049 positions) – 72.3 cents per position filled
Note these aren’t exact figures due to CoopCrowd 2022 rounding figures in their compensation documentation.
CoopCrowd 2022’s second pyramid tier multiplies the individual position buy in by a factor of ten ($250).
This in turn multiplies recruitment commissions across the $250 3×10 matrix by ten.
Every 28 days buy-in payments ($25, $250 or $275) must be made.
This is either taken out of paid commissions or an affiliate has to keep up with fees.
What this translates to with respect to compensation, is 2
🤖 Quick Answer
Who is David T Rosen and what is his involvement with CoopCrowd?David T Rosen, a Canadian resident, is identified as the founder of CoopCrowd. He previously created 5 Star Exchange in 2001 and launched several crowdfunding and gifting schemes including PIE 24/7, Cooperative Crowdfunding, and 50/50 Crowdfunding before establishing CoopCrowd in late 2019.
What schemes has David Rosen operated before CoopCrowd?
Rosen founded PIE 24/7, identified as a pyramid scheme in 2015. He subsequently launched Cooperative Crowdfunding in early 2018, a matrix-based gifting scheme, followed by 50/50 Crowdfunding in late 2018, which he later rebranded as CoopCrowd and subsequently as
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