InstantWealthX launched in early November 2011, with its domain 'instantwealthx.com' registered on November 3rd. The registration information remains private. This new venture quickly presented itself as an internal advertising network recruitment scam.
The company offers no actual retail product. Instead, InstantWealthX provides advertising credits for use within its own internal network. These internal advertising networks prove largely ineffective. Members market solely to a small base of individuals already involved in network marketing.
This setup severely limits the scope of successful advertising. Such networks typically become saturated with the latest cheap matrix-based MLM scams that members attempt to promote. Upon joining, InstantWealthX members receive 10,000 advertising credits. These credits fund banner, text, and login page advertising units.
InstantWealthX also claims to provide access to "informational products and useful tools," which they promise to add monthly. These are presumably generic e-downloads, such as outdated and worthless e-books. InstantWealthX does not even list titles for these offered downloads.
The InstantWealthX compensation plan relies on recruiting others, as the company sells no products. The plan centers on a series of five 2x3 matrices. A 2x3 matrix places the member at the top, branching into two legs below, and holds 14 members in total.
Members fill their matrix with recruits. Once a matrix is full, InstantWealthX pays a commission. The five matrices each carry a different cycle commission. The Builder Matrix pays $20. The Bronze Matrix offers $70. Members cycling from the Silver Matrix receive $350. The Gold Matrix pays $1,500, and the Platinum Matrix yields $14,500.
Upon cycling from a matrix, members move into a new matrix at the next level. They also re-enter a new matrix at the level they just cycled out of. This structure allows commissions to be earned repeatedly from previously cycled matrix levels.
InstantWealthX also pays a matching bonus each time a personally sponsored member cycles. These matching bonuses vary by matrix. The Builder Matrix pays $5. The Bronze Matrix offers $25. The Silver Matrix yields $75, while the Gold Matrix provides $500. The Platinum Matrix matching bonus stands at $900.