LetsMultiply is a seven-tier online cash gifting scheme with a heavy emphasis placed on affiliate recruitment.
What Is Lets Multiply?
There's no information on the LetsMultiply site that would give even an inkling of where the company is located or who runs it. Additionally, the website's registration data reveals that it was registered through a private domain registration service, making it impossible to discover the identities of anyone behind the company.
Lets Multiply Product
There's no product to market as part of LetsMultiply. Initial membership costs $10, which purchases a top position in the first of seven different cash gifting matrices.
Each time a member completes one matrix tier, he or she needs to re-invest in the system to unlock the next tier. The requirements are as follows:
- Tier 1 – $10
- Tier 2 – $25
- Tier 3 – $50
- Tier 4 – $100
- Tier 5 – $250
- Tier 6 – $500
- Tier 7 – $1000
Members pay into the system electronically using online payment processors such as PayPal.
Lets Multiply Opportunity
The opportunity presented by LetsMultiply is simple: to earn cash gifts for recruiting affiliates.
The seven affiliate tiers that power LetsMultiply begin with a 3×2 matrix and become one level deeper with each tier, starting at 3×3 at level 2 and continuing to 3×8 at level 7.
For each position that is filled in a particular matrix, the original member receives a cash payment equal to the amount of money they paid to unlock the matrix tier. In other words, recruiting individuals to fill a level 1 matrix position provides $10 per position filled, while filling a tier 2 matrix provides $25 per position filled, until reaching the maximum tier ($1000 per each matrix position filled).
In other words, recruiting individuals to fill a level 1 matrix position provides $10 per position filled, while filling a tier 2 matrix provides $25 per position filled, until reaching the maximum tier ($1000 per each matrix position filled).
Total investment in LetsMultiply, therefore, costs $1935.
Lets Multiply Verdict
It's fairly obvious to anyone that LetsMultiply, like all cash gifting schemes, only pay out as long as there is constant recruitment.
For every new member that joins the company, they may only need to find three direct recruits under them, but then each of these three recruits needs to find three additional recruits of their own in order to begin building their own downline.
This means that, as the cash gifting scheme deepens it becomes increasingly harder to find potential recruits to fill the open slots in ever-deepening matrices. Eventually, the number of people interested in joining LetsMultiply will be exhausted, and cash gifts up the line will cease; no one will be able to progress any further towards the ultimate goal of the deepest tier.
Ultimately this means only those who joined the company first have any chance of making serious money off LetsMultiply. However, most cash gifting schemes make it a point to pre-load the tops of their matrices with anonymous accounts that are linked directly back to the anonymous owners of the company.
It's almost a certainty that this is what is happening with LetsMultiply. The nameless individuals at the top of the heap that created the cash gifting scheme – people that don't have to pass up any cash gifts themselves – just sit tight, gathering as much money as they can. Then, when the scheme collapses, they take whatever they've earned and disappear.
Don't let this happen to you. Steer clear of LetsMultiply and any similar online cash gifting schemes.