The SpintCash opportunity surfaced with its domain registration on November 24, 2011. Domains By Proxy privately registered 'spintcash.com', obscuring any information about the company's owners. Such anonymity often signals a need for extreme caution before joining.
The SpintCash website provides no further details on who manages the company. Businesses that do not disclose their leadership frequently raise concerns for potential participants.
SpintCash offers no retailable products. Instead, members purchase advertising space within an internal advertising network. This network displays full-screen login ads, text ads, and banner ads to other SpintCash members.
For a monthly membership fee, individuals receive three text, banner, and login ads for display on the SpintCash network. The company does not specify the number of guaranteed impressions each month.
The SpintCash compensation plan combines recruitment commissions, matrix commissions, and a feature called the SpintCash Pool Line. Each component structures how members can earn.
Recruitment commissions, labeled "5 Tier Referral Bonuses," pay out $1 for each new member recruited. This commission extends down five levels from the initial referrer. For example, if a member recruits person A, who then recruits person B, both the initial member and A receive $1. This system continues through five direct referral tiers.
SpintCash uses a 5x5 matrix for its matrix commissions. A member sits at the top, with five direct legs branching out. Each of those five legs then branches into another five, continuing down five levels. This matrix structure contains 3905 positions.
Monthly commissions are paid as positions fill within this matrix. Payouts vary by level: Level 1 pays $4 for five positions, totaling $20. Level 2 pays $1 for 25 positions, totaling $25. Level 3 pays $1 for 125 positions, totaling $125. Level 4 pays $1 for 625 positions, totaling $625. And Level 5 pays $3 for 3125 positions, totaling $9,375. The SpintCash website lists Level 4's total commission as $325, a discrepancy from the stated $1 per position.
The SpintCash Pool Line remains largely unexplained on the company's website. Its description begins with "Every M" and then trails off without further detail.