40% Co-Founder Upgrade Commission

Any time a member who you personally sponsored (direct referral) upgrades their account to Co-Founder status, you will earn 40% of the Bitcoin value of their upgrade, as long as you are a Founder or Co-Founder yourself.

Free members do NOT qualify for this compensation  .

You must upgrade your account at some time during the same month as your referrals to earn this commission. For example, if you upgrade to Co-Founder at any time in January 2014, you will be paid for all direct referrals who upgraded during January 2014, and all referrals who upgrade thereafter. You will NOT be paid for referrals who upgraded in months before you upgraded.

The commission is calculated based on the USD value of Bitcoin as reflected on Coindesk.com at the time the upgrade is processed.

This compensation is added to your My Earnings page immediately upon processing the upgrade.

 20% Premier Upgrade Commission

Any time a member who you personally sponsored (direct referral) upgrades their account to Premier status on bitfeud, iwantacar, or mybitcoinrewards, you will earn 20% of the Bitcoin value of their upgrade, as long as you are a Premier member in the same earning source yourself.

 10% Premier Upgrade Commission

Any time one of your 2nd generation referrals upgrades their account to Premier status on bitfeud, iwantacar, or mybitcoinrewards, you will earn 10% of the Bitcoin value of their upgrade, as long as you are a Premier member in the same earning source yourself.

 5% Premier Upgrade Commission

Any time one of your 3rd generation referrals upgrades their account to Premier status on bitfeud, iwantacar, or mybitcoinrewards, you will earn 5% of the Bitcoin value of their upgrade, as long as you are a Premier member in the same earning source yourself.

NOTICES
Regarding:

 20% Premier Upgrade Commission 10% Premier Upgrade Commission  5% Premier Upgrade Commission

Free members do NOT qualify for this compensation. You must be upgraded to Premier status in the exact same earning source (bitfeud, iwantacar, mybitcoinrewards) as the referral who upgraded or you will forfeit this compensation. For example, if your referrals upgrade in bitfeud and you are only upgraded in iwantacar, you will NOT be paid commission for the bitfeud upgrades. So, if you have referrals who are upgrading in all 3 earning sources, you MUST also be upgraded in all 3 earning sources to earn from all their upgrades.

You must upgrade your account at some time during the same month as your referrals to earn this commission. For example, if you upgrade to Premier status on iwantacar at any time in January, you will be paid for all referrals who upgraded on iwantacar during the month of January.

The commission is calculated based on the USD value of Bitcoin as reflected on Coindesk.com at the time the upgrade is processed.

This compensation is added to your My Earnings page immediately upon processing the upgrade.

2. MATRIX STAGE

 NOTICE

We are NOT in the Matrix stage of our development process yet. We will move into the Matrix stage once we reach 6,715 Co-Founder accounts. The compensation detailed on this page is NOT available until we officially announce the launch of the Matrix stage.

Matrix Stage Compensation

When we launch the Matrix stage, we plan to compensate our members in 3 ways:

1. Profit Share Pools
2. Matrix Bonus – 7 levels deep
3. Direct Referral Bonus

Profit Share Pools

• Founder members will share the Founders Pool with all other Founder members. We will divide the Bitcoins in the Founders Pool by the total number of points earned by all Founder members. Each Founder member will receive their fair share of the Founders Pool, based on the number of points they earned.

• Founder and Co-Founder members will share the Co-Founders Pool. We will divide the Bitcoins in the Co-Founders Pool by the total number of points earned by all Founder and Co-Founder members. Each Founder and Co-Founder member will receive their fair share of the Co-Founders Pool, based on the number of points they earned.

• Founder, Co-Founder, and Free members will share the Members Pool. We will divide the Bitcoins in the Members Pool by the total number of points earned by all Founder, Co-Founder, and Free members. Each Founder, Co-Founder, and Free member will receive their fair share of the Members Pool, based on the number of points they earned.

Matrix Bonus

Every member who earns points will receive a bonus of 7% of the Member Pool point value of all the points earned by all members in their down line, 7 levels deep.

Your Matrix genealogy is 7 levels deep. We will add up all the points earned by every member in your genealogy and pay you a bonus of 7% of the Member Pool value of these points.

Direct Referral Bonus

Every member who earns points will receive a bonus of 7% of the Member Pool point value of all their personally sponsored referrals, unlimited levels.

We will add up all the points earned by every member you have personally sponsored, regardless of how many levels deep, and pay you a bonus of 7% of the Member Pool value of these points.

  THE 15TH IS PAYDAY EVERY MONTH
(PAYOUT WILL BE YOUR  EARNINGS FROM PREVIOUS MNTH)