The Jollybuzz website offers no information about its ownership or management. Its domain, jollybuzz.com, was registered on May 10, 2011, but registration details remain private.
The "About Us" page on the Jollybuzz site appears to be a default template. It references "Dolphin Smart Community Builder" software, owned by BoonEx. BoonEx describes Dolphin as "the world's most advanced free community software," offered open-source to the public. Source code review confirms Jollybuzz runs on BoonEx's Dolphin software. Whoever operates Jollybuzz seems to have downloaded this free backend and launched a templated social network.
Jollybuzz offers no retailable products or services. Members can only market Jollybuzz memberships to others. Each membership level includes increased access to the Jollybuzz social network. The income opportunity itself revolves around selling these memberships. Prestige members can sell their own items in a replicated online storefront, but these sales are not part of the Jollybuzz compensation plan and are not available to all members.
Jollybuzz's compensation plan pays recruiters a percentage commission on annual membership fees when free members upgrade to a paid subscription. A points reward system also exists. Members earn points for interacting with the social network. They also get points for recruiting new free members. Accumulating enough points allows redemption for cash.
Specific details on the points system are limited. Jollybuzz does not state how many points various actions earn. It also does not provide the dollar value of a point or any minimum cashout requirements.
Jollybuzz offers two paid membership options: Deluxe at $60 per year and Prestige at $100 per year. Commissions are paid down up to four levels. Personal recruits are Level 1. Recruits by Level 1 members are Level 2, and so on. The commission percentage and payout depth depend on the recruiter's own membership level.
Free members earn 5% on Level 1 referrals only.
Deluxe members earn 20% on Level 1, 10% on Level 2, and 5% on Level 3.
Prestige members earn 30% on Level 1, 15% on Level 2, 10% on Level 3, and 5% on Level 4.
Joining Jollybuzz is free. Free members can earn points and 5% of membership fees from those they recruit who upgrade to paid membership. The two paid options remain Deluxe at $60 annually and Prestige at $100 annually. Higher paid memberships allow Jollybuzz members to earn more in commissions by recruiting other paid members.
Jollybuzz states that "all commission earnings are paid from membership upgrades." This indicates no other revenue sources for the company beyond membership fees. With members marketing only paid memberships, 100% of commissions come from these fees. This structure fits the definition of a pyramid scheme. Jollybuzz describes its social network as "like facebook and ebay combined," offering social media features and business services. But it provides nothing new. The platform is built on freely available templated software, limiting its features to what BoonEx's Dolphin backend offers. A free user has no real reason to use Jollybuzz. This leaves a social network populated by members solely because of the attached income opportunity. Without the recruitment incentive, it is unclear why anyone would pay $60 to $100 annually for access to this network.
