There are many cheap matrix type programs out on the internet and AndThanks2U is a recent spin off of that genre. Like many of the matrix type schemes around, it is usually cheap to get started and promise high payout for your small investment. In this review, I will explain why it is difficult to get the high payout that such matrix type schemes and also highlight a ponzi scam that AndThanks2U is running in its back office.
Started on: May 2014
Founder: Sherm Mason (?? Unconfirmed)
Price: $2.50 min
How Is AndThanks2U Suppose To Work?
Once you pay $2.50 to join, you are now in tier 1. When you refer 4 people to AndThanks2U (each paying you $2.50), you would have earned $10. You then move on to tier 2 where you pay $5 refer and refer 16 people to pay $5 to earn $80. There is a total of 4 tiers.
Tier 1: cost you $2.50, get 4 people to pay $2.50 to earn $10
Tier 2: cost you $5.00, get 16 people to pay $5.00 to earn $80
Tier 3: cost you $10.00, get 64 to pay $10.00 to earn $640
Tier 4: cost you $20.00, get 256 to pay $20.00 to earn $5120
The idea off course is to get people to join AndThanks2U via your affiliate link (Note: you must pay the cost involve in each tier to be eligible for any referral earnings).
Matrix type plans tend to make it seems really easy to hit the big income. Yes ,$2.50 may seem like a small amount to pay and getting 4 people to say yes should be easy. You get 4, your 4 get 4 and their 4 get 4 and your matrix grow like wild fire right?
No, getting 4 is never easy and expecting your referrals to the same is impossible.
Don’t get me wrong, getting 4 people to pay you $2.50 is easy. Explaining why they should is difficult.
Here is my attempt to explain AndThanks2U: Hey faceless dude on the internet, wanne make money on line? Simply past me $2.50… why? You pass me $2.50 so that 4 people can pass you $2.50. You get it? Your $2.50 investment becomes $7.50. 300% return on investment. No brainer right? Who wouldn’t want to pass you $2.50 when they can earn $7.50.
Btw, did I make AndThanks2U sound like a Ponzi Scheme?
Well, there is actually 2 products you get when you pay the $2.50. 500 credit to feature your banner or text ad on the AndThanks2U ad space. So it does have a product and never mind if it is just a lame excuse not to look Ponzi.
It gets weirder…
The M2M Compensation plan & AT2U Straight Line Compensation plan
The AndThanks2U compensation plan covered so far is actually their member to member plan (M2M). What it means is that payment processing is actually handled by members themselves with no involvement from the admin of AndThanks2U.
For example, when I wanted to join for $2.50, I actually need to use to my PayPal account and send the $2.50 payment to my upline PayPal account. I would then have to wait for my upline to actually manually acknowledge my payment in the AndThanks2U once he receive the payment I sent via PayPal.
Quite a hassle, why not just let PayPal handle the payment processing automatically from the back office?
Well actually they can’t. PayPal don’t actually approve the matrix, pyramid, ponzi or mlm type business model nor will they handle transactions for such business type.
Which also means that the admin of AndThanks2U do not get a single cent from the M2M plan.
Is admin of the program being plain nice? I doubt so. It is rather a strategy to get affiliates to promote the program and get more members for its AT2U Straight Line Compensation plan.
At the public home page, little is talked about the AT2U Straight Line Compensation plan except teasers and more details when you sign up as a free member.
Pics below are screenshot from AndThanks2U Member’s area:
Ponzi scam explained in details.
Sorry they don’t accept Paypal payment for this. Only Payza and SolidTrust Pay who loves to take rejects from Paypal.
So basically I take $100 from you, then take another $100 from 3 more person. Give $220 to you and keep $180 for myself. Take another $100, give back $220, I keep $160. Oh wait, am I getting broke? No worries, since I am the unseen admin of AndThanksYou, I could do some creative accounting. Catch me if you can. Not like you can find anything about me on the website.
Just so you know, affiliates do not get any referral commision from the Ponzi scam…
Which is a shame since affiliates are the main driving force for this Ponzi scam.