The Simply Blessed Global website domain was privately registered on March 19th, 2018, obscuring the identities of its operators. This lack of transparency is a significant red flag for potential investors.
The company offers no tangible products or services for sale. Instead, affiliates are expected to market the Simply Blessed Global affiliate membership itself. While the company claims signup bonuses valued at $279, no specific details about these bonuses are publicly available. It is suggested that these bonuses might be internal advertising placements.
Simply Blessed Global operates on a two-tier 2×2 matrix cycler system. Affiliates pay $50 to enter a position within this matrix. A 2×2 matrix structure begins with an affiliate at the top, followed by two positions on the first level, and four positions on the second level, totaling six positions. When all these positions are filled, the matrix cycles, generating a commission.
The compensation plan involves two matrices. Matrix 1 requires a $50 investment and pays out a $50 commission, cycling participants into Matrix 2. Matrix 2 pays a $250 commission and then cycles participants back into a new position in Matrix 1. Referral commissions are also paid for personally recruited affiliates who successfully cycle out of both matrices, providing $25 for cycling out of Matrix 1 and $50 for cycling out of Matrix 2.
Joining Simply Blessed Global necessitates purchasing at least one $50 cycler position. The entire structure relies on new investments to fill matrix positions and provide returns. This reliance on new capital to pay earlier investors is the defining characteristic of a Ponzi scheme.
The addition of referral commissions tied to recruitment further solidifies its pyramid scheme nature. Such schemes inevitably collapse when the rate of new member recruitment slows, as there is no underlying revenue generation from legitimate business activity. The mathematical certainty of a Ponzi scheme’s collapse means most participants will lose their money. Any funds remaining in uncycled matrix positions at the time of collapse are lost to the anonymous administrators, in addition to any returns paid out from pre-loaded admin positions. The vast majority of investors in these schemes face financial loss.