Good Time Life launched in mid 2017 and operate in the cryptocurrency MLM niche.
The company is headed up by founders Linda Hong and Alex Lee, who both run the company as CEOs.
No additional information about either CEO is provided, nor does the Good Time Life website provide any contact information.
The Good Time Life website domain (“goodtime.life”) was privately registered on October 25th, 2016.
Marketing material
suggests Hong and Lee are based out of Seoul, South Korea (
major
cringe warning):
It is highly likely that Korea is also where Good Time Life is being operated from.
Why this information is not provided on the Good Time Life website is unclear.
Read on for a full review of the Good Time Life MLM opportunity.
Good Time Life Products
Good Time Life has no retailable products or services, with affiliates only able to market Good Time Life affiliate membership itself.
The Good Time Life Compensation Plan
Good Time Life affiliates invest in UTA points on the representation it will be next the bitcoin.
Standard – $250 and receive 100% worth of UTA
Basic – invest $500 and receive 110% worth of UTA
Bronze – invest $1000 and receive 115% worth of UTA
Silver – invest $3000 and receive 120% worth of UTA
Gold – invest $5000 and receive 125% worth of UTA
Premium – invest $10,000 and receive 140% worth of UTA
VIP – invest $20,000 and receive 170% worth of UTA
Top – invest $30,000 and receive 200% worth of UTA
Good Time Life
do not
disclose the current internal rate of UTA on their website.
Outside of the Good Time Life opportunity UTA points are worthless.
Recruitment Commissions
Good Time Life affiliates are paid to recruit new affiliate investors.
How much of a recruitment commission is paid out is determined by how much a newly recruited affiliate invests.
Recruitment commission rates on new affiliates recruited with an affiliate’s first thirty days are as follows:
recruit a Standard affiliate and earn $40
recruit a Basic affiliate and earn $80
recruit a Bronze affiliate and earn $160
recruit a Silver affiliate and earn $480
recruit a Gold affiliate and earn $800
recruit a Premium affiliate and earn $1600
recruit a VIP affiliate and earn $3600
recruit a Top affiliate and earn $4800
After the first thirty days the above commission rates are halved.
Residual Commissions
Good Time Life pay residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to
🤖 Quick Answer
What is Good Time Life and when was it established?Good Time Life is a cryptocurrency MLM company launched in mid-2017, operating in the digital assets sector. The company was founded by Linda Hong and Alex Lee, who serve as co-CEOs. The domain goodtime.life was privately registered on October 25th, 2016, suggesting preliminary development before official launch.
Where is Good Time Life based and operated?
Marketing materials indicate that founders Linda Hong and Alex Lee are based in Seoul, South Korea, suggesting the company operates from this location. However, the Good Time Life website does not explicitly disclose operational headquarters or contact information, leaving official jurisdiction unclear.
Who are the founders of Good Time Life?
Good Time Life is headed by Linda Hong and Alex Lee, both serving as co-CEOs. Limited biographical information is available about either founder on the company's official website or marketing materials, despite their leadership roles in
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