Super Matrix Review – Legit Or Scam?

Super Matrix ReviewHas someone approached you lately about joining Super Matrix?

This doesn’t surprise me – it’s been getting a lot of hype in the last couple of week, with people pitching it all the time.

First, let me make one thing clear – I am NOT in any way affiliated with Super Matrix.

I simply wanted to gather all the details here for you in my Super Matrix Review so you can make an informed decision.

Is Super Matrix truly a scam?

Does it really work like the marketing materials say it will?

Read on to find out in my Review of Super Matrix.

Let’s get going!

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

What The Heck Is Super Matrix?

Super Matrix is a bitcoin cash-gifting scheme. The website was launched in October 2016 with all details set to private, and there are no details on the site about who owns or runs the company. The website doesn’t actually have any unique content at all, with everything being an exact replica of another investment scheme, ‘LifeBTC’.

Looking into LifeBTC reveals information about Super Matrix, and it turns out it is being run by the same group of people. Having launched on the 4th October and failing by the 8th October, LifeBTC was a bitcoin based Ponzi scheme. In the wake of the quick collapse, Luis Castillo has started Super Matrix based upon the same structure.

When considering involvement in an investment scheme like Super Matrix, it is vital that you research the company thoroughly before sending any money. The fact that this company is being less than forthcoming with its structure is not a good sign so, particularly when sending payments with bitcoin, you should proceed with caution.

Super Matrix Scam

What Can You Tell Me About The Super Matrix Products?

Super Matrix does not offer any products for sale to either affiliates or retail customers.  Affiliates do have the ability to recruit new members to the scheme, though. By making gifting payments through the scheme, affiliates ‘earn’ advertising credits which can be used to purchase advertising space on the Super Matrix website.

What Can You Tell Me About The Super Matrix Compensation Plan?

Super Matrix is a cash-gifting scheme where affiliates send payments directly to each other. The company uses a 2×4 matrix structure to arrange how the payments are made. This type of matrix is formed by placing the initial affiliate in a place at the top of the structure. Two positions are created directly beneath them, and this forms Level 1. The two positions are split into two again to form Level 2 (which has a total of 4 positions), which, in turn, goes through the same process to form Level 3 (with a total of 8 positions). Two further positions are created beneath each of those on Level 3, and this forms Level 4 (with a total of 16 positions). In total there are 31 positions in a 2×4 matrix, each of which are filled by direct and indirect recruitment of affiliates.

Every Level within this matrix acts as its own cash-gifting tier, with each affiliate on that tier being required to send funds through the plan. By sending this payment, affiliates become eligible to receive gift payments from other Super Matrix affiliates. The payments work in the following way:

  • Level 1 – Once you have sent a gift-payment of 0.06 Bitcoin to the affiliate that introduced you to the scheme, you will then receive a gift-payment of 0.06 Bitcoin from two other members
  • Level 2 – Once you have sent a gift-payment of 0.1 Bitcoin to the affiliate that introduced you to the scheme, you will then receive a gift-payment of 0.1 Bitcoin from four other members
  • Level 3 – Once you have sent a gift-payment of 0.3 Bitcoin to the affiliate that introduced you to the scheme, you will then receive a gift-payment of 0.3 Bitcoin from eight other members

Level 4 – Once you have sent a gift-payment of 1.2 Bitcoin to the affiliate that introduced you to the scheme, you will then receive a gift-payment of 1.2 Bitcoin from sixteen other members

Are There Membership Fees For Super Matrix?

To become an affiliate member of Super Matrix, you are required to have made an initial gifting-payment of 0.06 Bitcoin to the affiliate who introduced you to the company. To take part in the full opportunity on offer, though, will require sending gift-payments that total 1.66 Bitcoin.

Is Super Matrix A Scam?

If you’ve come across a review that says Super Matrix is a scam while researching, I wouldn’t be surprised.

A lot of marketers will tell you something is a scam just so they can sell you something else.

So, can you trust those other reviews?

What is the truth about Super Matrix? Is it really a scam, or is it legit?

I would say no, not exactly. However, there are a few things in the business you should be aware of – read on to the conclusion to find out what they are.

Knowing what you’re getting into is the best way to be successful.

See below for my FREE training that will help you make money!

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

What’s your Conclusion About Super Matrix?

While Super Matrix tries to distance itself from being a cash-gifting scheme by the inclusion of advertising credits, it doesn’t provide enough of a structure to make it anything else but a cash-gifting scheme. The site says that:

“Every time members purchase an advertising package, fees go directly to their upline for a 100% commission”

The thing is, the advertising credits are not worth the money you are supposedly paying for them. They simply allow you to advertise on the Super Matrix website, which will have a limited audience that will only be looking for particular investment opportunities.

Without any products to supplement company-wide income, affiliates in this scheme are getting returns on their investments from the subsequent payments of new affiliates. This process is simply unsustainable, because the membership base of the company needs to grow exponentially to support the requirements of current members. Super Matrix will therefore fall foul of the typical problems that these schemes face, particularly the inevitable fall in recruitment. When this happens, existing members will stop receiving payments and will, themselves, not make any future payments. This will result in the company collapsing, with anyone who hasn’t made a return on their investment losing out. A few people in high up positions (likely all of which are held by the admin and early entrants) will have a chance to make some serious money, but the vast majority of members will end up losing money.

Luis Castillo has a long history of being a participant in MLM schemes, and Super Matrix appears to be his attempt at making the large sums that he has been striving for. It’s unfortunate that this process means that so many other people will need to lose out, but that’s the way it works in the world of dishonest MLM companies.

The fact that he has tried to keep his involvement secret, that there are no products to supplement affiliate payments, and that payments are made through bitcoin all should raise the warning signs. Super Matrix will collapse, and when it does there will be no course of action for those in a bad positions because there will be no way of tracing the owners or the payments. If you are considering involvement in Super Matrix, make sure you have fully explored how the plan works, and be aware of the risks that you are signing yourself up for.

I hope that you are able to use my research in my Super Matrix Review to make a decision.

If you do decide to become an affiliate with Super Matrix, make sure you take the time to learn how to market yourself.

My FREE training can help you.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Speak Your Mind