Hi5 Space fails to provide ownership or executive information on its website.
Hi5 Space’s website domain (“hi5space.com”), was privately registered on July 20th, 2024.
A lot of Hi5 Space’s marketing targets Indians. This suggests ties to India but I wasn’t able to confirm.
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
.
Hi5 Space’s Products
Hi5 Space has no retailable products or services.
Promoters are only able to market Hi5 Space promoter membership itself.
Hi5 Space’s Compensation Plan
Hi5 Space promoters purchase $50 positions in a five-tier 5×3 matrix cycler.
A 5×3 matrix places a Hi5 promoter at the top of a matrix, with five positions directly under them:
The second level of the matrix is generated by splitting these five positions into another five positions each (twenty-five positions).
Level three of the matrix is generated in the same manner and houses one hundred and twenty-five positions.
Payments in Hi5 Space’s compensation plan are tied to filling matrix positions.
Positions in the matrix are filled via position purchases by directly and indirectly recruited Hi5 Space promoters.
Once all positions in the matrix are filled, the top position “cycles” into the next tier of the cycler.
Payments across each of Hi5 Space’s five matrix tiers are as follows:
Tier 1 (positions cost $50) – $2.5 per position filled on level 1, $12.5 per position filled on level 2 and $25 per position filled on level 3
Tier 2 (positions cost $250, taken from Tier 1 level 3) – $12.50 per position filled on level 1, $62.50 per position filled on level 2 and $125 per position filled on level 3
Tier 3 (positions cost $1250, taken from Tier 2 level 3) – $62.50 per position filled on level 1, $312.50 per position filled on level 2 and $625 per position filled on level 3
Tier 4 (positions cost $6250, taken from Tier 3 level 3) – $312.50 per position filled on level 1, $1562.50 per position filled on level 2 and $3125 per position filled on level 3
Tier 5 (positions cost $31,250, taken from Tier 4 level 3) – $1562.50 per position filled on level 1, $7812.50 per position filled on level 2 and $15,625 per position filled on level 3
Throughout the cycling process new Tier 1 and same-tier positions are awarded. Hi5 Space does not disclose specifics.
Additionally, Hi5 Space pays referral commissions when a personally recruited promoter buys into the first tier and cycles into tiers two to five.
Tier 1 referral commission = $10
Tier 2 referral commission = $50
Tier 3 referral commission = $250
Tier 4 referral commission = $1250
Tier 5 referral commission = $6250
Joining Hi5 Space
Hi5 Space promoter membership is free.
Full participation in the attached income opportunity requires a minimum $50 cycler position purchase.
Hi5 Space operates in USD equivalents of various cryptocurrencies.
Hi5 Space Conclusion
Hi5 Space combines an illegal pyram
🤖 Quick Answer
What is Hi5 Space?Hi5 Space is a multilevel marketing (MLM) platform operating a crypto-based matrix cycler scheme. Launched via a domain registered on July 20, 2024, the company provides no verifiable ownership or executive information. Its marketing primarily targets Indian audiences, and it offers no retailable products or services beyond promoter memberships.
How does the Hi5 Space compensation plan work?
Hi5 Space employs a five-tier 5×3 matrix cycler model. Participants purchase $50 positions and are placed atop a matrix structure with five positions directly beneath them across three levels. Revenue is generated through recruitment of new position purchases rather than through the sale of independent consumer products.
Why is Hi5 Space considered a crypto cycler scheme?
Hi5 Space is classified as a crypto cycler because participants pay cryptocurrency to enter matrix positions and earn returns
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Frederick Mann