Somebody’s
getting bank for their buck. Fast Cash Matrix is the third MLM opportunity launch to use the same design template in as many months.
The red on yellow design with cringy stock group photograph was first used by
1MillionFast
in December, 2015. Last month saw
3to600
resurrect the template and now Fast Cash Matrix has done it again.
There is no information on the Fast Cash Matrix website disclosing who owns or runs the business.
The Fast Cash Matrix website domain (“fastcashmatrix.com”) was registered on the 22nd of February 2016, however the domain registration is set to private.
Of note is that Fast Cash Matrix sounds pretty similar to
Fast Money Matrix
, a matrix cycler scheme we reviewed last week. Despite the similarities in naming however, I was unable to find any definitive link between the two companies.
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 Fast Cash Matrix Product Line
Fast Cash Matrix has no retailable products or services, with affiliates only able to market Fast Cash Matrix affiliate membership itself.
Once signed up, affiliates can purchase matrix positions to participate in the Fast Cash Matrix income opportunity.
Bundled with each position purchase are a series of advertising credits, which can be used to display advertising on the Fast Cash Matrix website.
The Fast Cash Matrix Compensation Plan
The Fast Cash Matrix sees affiliates purchase positions in a 4×4 matrix.
A 4×4 matrix places an affiliate at the top of the matrix, with four positions directly under them:
These initial four positions form the first level of the matrix, with the second level generated by splitting each of the four positions into another four positions each (16 positions).
The third level of the matrix is generated by splitting the level 2 positions (64 positions), and again to generate the fourth and final level of the matrix (256 positions).
In total a 4×4 matrix has 340 positions to fill, with positions filled via the recruitment of new Fast Cash Matrix affiliates.
Commissions are paid out as positions in the matrix are filled left to right as follows:
level 1 (positions cost $10) – pays out $10 and unlocks level 2 once all four positions are filled
level 2 – pays out $130 and cycles into level 3 once all sixteen positions are filled
level 3 – pays out $1860 and cycles into level 4 once all sixty-four positions are filled
level 4 – pays out $15,360
Note that an affiliate can directly unlock levels 2 to 4 of their matrix, by paying $10 (level 2), $30 (level 3) and/or $60 (level 4).
Joining Fast Cash Matrix
Affiliate membership with Fast Cash Matrix is free, however affiliates must purchase at least one $5 matrix position in order to participate in the Fast Cash Matrix MLM opportunity.
The company also charges a “processor fee” on each $5 payment, however the exact fee amount is not disclosed.
Conclusion
🤖 Quick Answer
What is Fast Cash Matrix?Fast Cash Matrix is a matrix gifting scheme launched in 2016 that operates on a $5 entry-level 4×4 matrix structure. The business model follows MLM principles and utilizes marketing design templates previously employed by similar schemes like 1MillionFast and 3to600, featuring distinctive red and yellow branding with stock photography.
Who operates Fast Cash Matrix?
The Fast Cash Matrix website provides no public disclosure regarding ownership or management personnel. The domain fastcashmatrix.com was registered on February 22, 2016, with private registration settings, preventing identification of the operators through standard domain lookup methods.
How does the Fast Cash Matrix compensation structure work?
Fast Cash Matrix operates through a $5 entry-level 4×4 matrix gifting system where participants advance through matrix positions. Participants typically receive payments when new members join beneath their position
🔗 Related Articles
- Oliabo Review: Olive oil supplement, topical & oil itself
- Keep It 100’s Terrence Pounds indicted for C-19 loan fraud
- Lifestyle Marketing Group Review 2.0: Matrix points pyramid
- CVC Funding Review: Stolen FINRA broker name Ponzi
- Viral Compensation Review: Ten-tier 3×2 matrix Ponzi cycler