Since in this case the bonus % has increased for the members on the same level, till the time the member has upto 9 referrals he would get a bonus of 3%. As soon as he reaches 10 or more personal referrals, the bonus amount increases to 5% for the same Level. From this point onwards the member will receive 5% of bonus and not 3% bonus on the income of his Level 1 members.
During initial system setup, companies can define several key aspects of their Matrix by using administrative configuration screens in Firestorm®. This eliminates custom programming charges and speeds up time to launch considerably. Any future changes to your Matrix can also be configured in the system, allowing companies to deploy changes with no programming.
This is the most common of all the compensation plans. It is where most of the really big money is made in MLM. This big money, however, is made by a very small percentage of people. Breakaway plans are geared for full-time effort. Attrition is the highest with breakaway plans and it generally will cost more to build your business. This is a work program. It takes persistence, salesmanship, and requires the ability for you to train your recruits. Companies which use breakaway plans tend to pay higher commissions. However, the plan may be extremely difficult for most people to duplicate.
Forced matrix compensation plans are typically described by two numbers: the width times the depth. This means a 3 x 8 matrix allows you to sponsor 3 frontline distributors and pays 8 levels deep. Any distributors that you sponsor beyond your first 3 must be placed underneath others in the matrix. A 5 x 7 matrix is 5 wide (front line) and 7 levels deep. On paper, a forced matrix comp plan looks like a “perfect” example of a unilevel compensation plan. Here is what a completely full 3 x 5 matrix looks like:
LITECOIN: this is another of the hottest cryptocurrency, finishing second to Bitcoin. This cryptocurrency currently values at 54.65 USD. This particular trending cryptocurrency was founded by Charlie Lee, who is an MIT Graduate. Litecoin is based on an open-source global payment network that is not controlled by any central government. This cryptocurrency has often been referred to as the “silver” to Bitcoin’s “Gold”. Being one of the most popular cryptocurrencies in the world, this one surely does stand up quite on its own.