The IncomeBang.com website, registered on September 24, 2012, provides no information about its ownership or management. The domain registration details are set to private, obscuring the individuals or entities behind the operation. This lack of transparency raises immediate concerns for potential participants.
IncomeBang offers no retailable products or services. Its business model focuses solely on selling memberships to the platform itself. Members can only market these memberships. The company's "Terms and Conditions" state: "IB and its IR's sell membership to our site."
Each IncomeBang membership, priced at a one-time fee of $99, includes advertising credits, "downloads" (with no further description), ebooks, and website templates. These bundled items are offered alongside the primary membership sale.
The compensation plan pays affiliates $10 for each new member they recruit. A matching bonus is also in place. If a directly recruited downline affiliate earns $100 from their own recruitment efforts, the original recruiter also receives $100.
Despite claims to the contrary, IncomeBang affiliates cannot earn money without recruiting new members. The purported "sustainable residual income" comes directly from the recruitment efforts of an affiliate's downline, not from product sales or services.
The structure is clear: join for $99, recruit others to earn $10, and earn matching bonuses when those recruits bring in new members. This design makes continuous recruitment essential for any participant to make money. It functions as a pyramid scheme.
Early participants stand to gain the most from the efforts of those recruited beneath them, with the scheme's administrators positioned at the very top. Like all such schemes, commissions halt once recruitment dries up. A $99 entry fee often accelerates this collapse.
Ironically, the IncomeBang company logo features a ticking time bomb.