Matrix Plan is a pyramid structure arranged into a fixed number of width(row) and depth(column) that restricts the number of distributors you can sponsor on your first level. It is represented by the formula “ width * depth”. Matrix Plan is also known as Forced Matrix MLM Plan or Ladder Plan. Matrix Plan limits the width and motivates to hire more members in the downline.
A Matrix, or sometimes called a Forced Matrix, is simply a structure (genealogy tree) that has a limited width and limited depth. For example, a 3 by 5 matrix allows only 3 people to be located under you, and your matrix would only go 5 levels deep. If your matrix was full of people under you, you would have 3 on your first level, 9 on your second level, 27 on your third level, 81 on your fourth level and 243 on your fifth and final level. The total number of people besides yourself in a full 3 x 5 matrix would be 363. Firestorm® has other Matrix setup options in administrative configuration screens that your staff can also configure very quickly. For example, options are available for how the matrix builds, or how new enrollees fall into your matrix. The main attractiveness to a matrix is that those above you can enroll people who will fall into your matrix, thus helping you fill your matrix quicker – and more people in your matrix means more commissions.
While focusing on the UAE market, Matrix Exchange is also committed to creating a world-class platform that will serve the needs of international crypto investors. The Digital Finance Group (DFG), an operator of investments in both primary and secondary markets, is the sponsor of Matrix Exchange. Through its private equity fund, DFG has invested in various excellent companies such as LedgerX, Circle, and more.
Blockchains are oddly similar, in that data written to a blockchain is also frozen its own chronology. Just as the entire universe can be perceived as an omnipresent recording of everything that has happened, scarce space on a blockchain (which is what Bitcoin represents) is fascinating because it too is simply data. Like our perceptions of reality itself, the “inherent value” of Bitcoin is based upon a social agreement that labels that piece of data as undertaking meaning, or being “real”. Moreover, just as the universe itself is a collection of matter, anti-matter, and a multitude of states of energy, the inherent value of space within a blockchain for people trying to simply live life day-to-day can be thought of as a form of ‘money as virtual energy’.
Bitcoin has fallen sharply through the December 2019 lows in a trend sequence (wave C) that should be proportional to the first leg down (wave A). This gives an equality target of 3064 which is just below the major low of 2018. We can see the wave C is already mature and should have one last leg down. However, any new low would invalidate our view of a trend higher from the 2018 low and while we could see a large bounce from 3064 it will not go to new highs and will have longer term implications. We will deal w8th these if and when a new low is made.