One of the questions that we need to take a close look at is if the 50/50 Crowdfunding opportunity is a scam or not.
We wouldn’t want to join a company just to learn later on that it is a scam, and we end up losing all the time and money that we’ve invested in it.
We are going to take a look at the information on the company, the products, and the compensation plan to determine if it is a legitimate opportunity or not.
NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.
Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.
Always check our article’s published date & the comment section below for users opinion. Thanks ♥️
50/50 Crowdfunding is an MLM cycler company that you have the ability to earn money with online. The company provides a compensation plan model that you can earn money with using the popular GoFundMe crowdfunding type of service.
The idea is that you start by donating money to the person that invited you to the opportunity, then you refer people that donate to you.
You receive commissions when you fill a certain amount of donation spots on a Matrix.
The founder of 50/50 Crowdfunding is a guy named David T. Rosen.
The domain name “5050cf.com” was registered back in Aug. 2017, but the company was actually launched in Oct. 2018.
One, if not the first company David owned was called PIE 24/7 which was launched back in 2015.
Before launching 50/50 Crowdfunding, he launched a previous company called Cooperative Crowdfunding.
Coop5050 Compensation Plans
Coop5050 affiliates gift money to each other through eight-tiers of gifting payments.
Gifting payments in Coop5050 are tracked via a 2×2 matrix.
A 2×2 matrix places an affiliate at the top of a matrix, with two positions directly under them:
These two positions form the first level of the matrix. The second level of the matrix is generated by splitting these first two positions into another two positions each (4 positions).
Positions in the matrix are filled by position purchases, made by existing and newly recruited Coop5050 affiliates.
Funds used to purchase matrix positions are gifted as follows:
- $25 tier – gift $25 and receive 50% of $25 gifted in across six positions ($75)
- $50 tier – gift $50 and receive 50% of $50 gifted in across six positions ($150)
- $150 tier – gift $150 and receive 50% of $150 gifted in across six positions ($450)
- $250 tier – gift $250 and receive 50% of $250 gifted in across six positions ($750)
- $500 tier – gift $500 and receive 50% of $500 gifted in across six positions ($1500)
- $1000 tier – gift $1000 and receive 50% of $1000 gifted in across six positions ($3000)
- $2000 tier – gift $2000 and receive 50% of $2000 gifted in across six positions ($6000)
- $4000 tier – gift $4000 and receive 50% of $4000 gifted in across six positions ($12,000)
Cycling appears to happen automatically so presumably upon completing a matrix, the initial gifting payment is subtracted to generate a new same-tier position.
Coop5050 affiliate membership is tied to a minimum $25 gifting payment.
Full participation in Coop5050 costs $7975.
Marketing copy on Coop5050’s website suggests gifting payments might be monthly recurring.
Before you have access to Coop5050 login page, it’s obvious you must registered successfully.
To login Coop5050 only the below is needed
Is Coop5050 Safe and Credible
Coop5050 provides no information on its website about who owns or runs the company.
Coop5050’s website domain (“coop5050.com”) was first registered in 2018. The private registration was last updated on November 4th, 2020.
David T. Rosen first popped up on BehindMLM’s radar in 2015, as founder of the PIE 24/7 pyramid scheme.
In early 2018 Rosen launched Cooperative Crowdfunding, a matrix-based gifting scheme. This was followed by 50/50 Crowdfunding in late 2018.
In late 2019 Rosen rebooted 50/50 Crowdfunding as CoopCrowd. That brings us to the late 2020 reboot launch of Coop5050.
David Rosen is believed to run his various scams from Ontario, Canada.
Is Coop5050 Legit
You gift in, that money is paid to existing Coop5050 affiliates. You then receive gifting payments from Coop5050 affiliates recruited after you.
The Ponzi element exists by way of gifting payments being made on the expectation of a 300% ROI.
Gift $25 and receive $75. Gift $250 and receive $750 etc.
Seeing as 71% of website traffic to Coop5050 is coming from the US, this brings the scheme under the jurisdiction of the FTC and SEC.
Gifting schemes are illegal as per the FTC Act. Ponzi schemes (securities fraud) are illegal as pert the Securities and Exchange Act.
As with all MLM Ponzi gifting schemes, once affiliate recruitment dries up so too will new gifting payments (investment).
Is Coop5050 Scam
Primarily, Xycinews Media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or Investing only what you can afford to lose.
- Do you think Coop5050 is scam?
- How you being defrauded?
With a lot of platforms on our desk to review for the general public, we might not be able to keep track of Coop5050 on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.
50/50 Crowdfunding is not accredited with the Better Business Bureau.
However, this does not make a company a scam or even a legitimate one in my opinion.
This is because the BBB has been to know to provide manipulated ratings and reviews that were supplied by third-party service companies to help better or worsen a companies rating.
I do tend to refer to the company information and also compare the reviews and testimonials the BBB has with other resources when they do supply that information.
This Coop5050 Review Article isn’t aimed at defaming Coop5050 nor is it targeted to promoting them.
This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.
Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this Coop5050 review.
Team Xycinews is no third party and we can’t handle any queries whatsoever.