Do you have a downline you would like to put to work? Maybe you have a list of friends or peers that are in the same boat as you and looking for a way to make some extra money. Well, Automated Matrix is a site that will allow you to earn money through a donation system.
Automated Matrix uses a 2×2 matrix system so that it is easy and convenient for anyone to earn money. All you have to do is create an account, donated Bitcoins to your sponsor and begin recruiting. That is why if you have a downline already in place, you can really make a lot of money with Automated Matrix.
Tied with the membership is ad packages making it even easier for those who want to promote a website or brand to do so.
What Is Automated Matrix?
According to Who.is, the site automatedmatrix.com was registered on May 30, 2017. The site is set to private. When you try to find any information about who runs the site you will have to look at their Facebook page.
On the social media site, you will find Steve John as the administrator. You will also notice that the group was registered a very short time after the site was officially launched.
When looking into the background of Mr. John you will find that he has had his hands in other businesses. A few of these includes BTC Madness and 2×9 BitMax. You will also notice that Mr. John's Facebook page doesn't offer any insight as to who he is and is most like a character the real owner has created.
Automated Matrix Products
Automated Matrix doesn't offer any retail products. You will also notice that it doesn't have any valuable services that it offers either. The only thing a member can do is promote the membership with the added “advertising credits”. Unfortunately, the only place you can use the ad credits is on the Automated Matrix system site.
Automated Matrix Opportunity
As stated before, Automated Matrix is a gift giving system where you give 0.01 BTC to the person who recruited you. Then you go out and find two people to be placed directly under you.
In turn, your recruits will gift you 0.01 BTC. You then earn 0.02 BTC for the first level. However, the cost for level two happens to be 0.02 BTC so in order to graduate to the next level you have to have two recruits under plus pay the fee of 0.02 BTC.
Once you are in level two, you need four recruits to sign up. Those recruits then pay 0.02 BTC for a total of 0.08 BTC. But in order to stay in the system, you have to pay your dues of 0.02 BTC. In which case you can earn 0.06 BTC unlimited number of times as long as you continue to recruit and cycle through the system.
Automated Matrix Verdict
There are a few red flags that come up when looking at this site. The first thing you will notice is that there is no given owner of the site. It is very hard to put your trust in a site that doesn’t give you an inkling of who runs the show. Even though the Facebook group offers you a name, it is most likely that Mr. Steve John is merely a character.
Another major red flag is the cost of the system. The fact that you don’t earn any money on the first level makes it hard to want to stay in it. The way the system is setup forces you to hand over all of your earnings.
They don’t give you a way out if you want one unless you reach the end of the cycle on level two. But just where does that 0.02 BTC go to once you ‘upgrade’ and cycle into the second level? Why to the administrators of the site.
Granted, there are those that could make money using Automated Matrix. If you have a downline set up and ready to go, sure. If you don’t and you have to go out and recruit people, you will have a hard time making anything.