***Keep an open and attentive mind and read objectively... This post is Obviously Open for Discussion***
The Problem:All over the world, (no thanks to the cash crunch), alternatives are being sort after for generation of residual incomes from various avenues (outside the "9-5" salary structure). This has led to small scale businesses springing up to cater for specific demands both on and off the internet. Unfortunately, desperate elements also capitalized on the crave for alternative sources of revenue (especially online), to perpetrate fraudulent activities... Account Hacking, Password theft, Spamming, Scamming, Deceit and tracking (to mention a few) are some of the problems being encountered which has left so many online residual income seekers devastated and skeptical about the business of making money online especially in the African continent.
The Challenge:The challenges of curtailing scams and fraudulent practices over the internet has been a major challenge for online-network-security experts and programmers alike. Software, back-end scripts (programs) are constantly being developed and adjusted to guard against these and other problems affecting the legitimate running of businesses online. Online deployment of relational database management systems (RDBMS) has been of immense help in the quest for taking businesses online... Virtually every serious online business needs a subscriber/customer network base; this is where RDBMS comes to play.
Before now...,
In pursuit of online residual income, we've most likely heard of, or been involved in Multi-Level-Marketing (MLM) Systems or High Yield Investment Programs (HYIP) where one needs to "pay upfront" then recruit so many other paid "downlines" with the hope of being elevated level by level to a point on a "pyramid" where you get paid "huge compensation" for your efforts. This was highly in demand in Africa between 2007-2008 before the BURST! Though the system made some people rich (the "early birds") before the "burst"... The clause of committing hard earned fund (often expensive) into a system and having to wait for so many other like minded people to do same before they can dream of being compensated... led to the frustration and failure of the system. This is generally tagged "PONZI SCHEME" where "early birds" are paid compensation from the financial contributions and eventual detriment of "late birds". Often, the system disappears when the Admin has made a "HIT", leaving lots of people ("late birds") heartbroken and their investments stranded on the system's "pyramid" or matrix.
NOW...,
There is an Update innovation geared toward fixing that flaw which is generating so much buzz in the "make money online" world (... as usual, little known in Africa because of the average African's generalized stereotype skeptical orientation about making money online).
Online Payment Processors are examples of services that deploy graphic user interface (e.g website/webpage, applets, applications) which are connected to back-end RDBMS securely for business solutions in online payment processing (send and receive). The likes of PAYPAL, ALERTPAY, LIBERTY RESERVE, WIREDPAY, WEBMONEY (to mention a few) are major leaders in this field. The advent of these secure payment processors has led to new and revolutionary systems/scripts being deployed online which is tremendously changing the way people look at the business of making money online.
Emerging Trends...Very recently, developers have combined the principles of Forced Multi-Level-Marketing with a secured online payment processor to come up with the first transparent, scam free, instant and direct payment residual income system. I'll simply tag it as "Networked Cash Gifting System"... This revolutionary system is turning every registered upgraded member (even very low income earners) into major money makers online; using the combined power of individuals in a network and an online payment processor.
The working principle of the system is based on a forced matrix formation which comes in variants (6X4, 5X4, 4X4, 3X4 etc) depending on the developer's magnitude of individuals expected to be involved in any instance of the system. An online graphic user interface is presented to the public via a URL through which potential residual income seeking networkers connect to the system's database and resources.
How It Works...The system requires sign-up/registration process to be listed in its database, by design, it's free to join; but you can only start enjoying the enormous potential of the "cash gifting system" only when you upgrade by paying your recruiter (who must already be an upgraded member of the system). You pay a token (small) one-time connection fee DIRECTLY to HIS/HER online payment processor account (say Alertpay, Liberty Reserve, Paypal... etc) supported by the system. On confirmation of payment by your recruiter (or his direct upgraded downline), the system elevates you to level 1 as an upgraded member and activates your own connection link (or affiliate link) which you, in turn, put to use to invite others to the same system... And your recruits, in turn, will EACH pay DIRECTLY into your online payment processor account (supported by the system), same token amount you ORIGINALLY paid your recruiter to connect to the system. A limit is set per level for the number of recruits that can pay you for each level, after which you'll need to upgrade to the next level using a token from the money the system has generated for you. In other words, your very first recruit pays you back your investment and the system continues to generate money into your online payment processor account; a token part of which you use to upgrade from level to level based on your recruiting prowess in network marketing.
Apart from MEMBERS being paid directly and instantly via an online payment processor; which is a major advantage over the dreaded PONZI SCHEME MLMs we're used to, there is an interesting programmed restriction embedded in the Networked Cash Gifting System which ensures that earnings is not solely dependent on YOU recruiting your "downlines". Every level of the matrix has a maximum number of eligible upgrading members that are allowed to pay you per level... YOU and YOUR uplines are therefore FORCED to SPILLOVER excess recruits to your immediate downlines who may not have enough recruits for that level... Your downlines are paid instead (though the recruits are still credited to you as your downline). It's however to your advantage as you encourage your downline and also add a member to your network... Who will pay you higher token at a higher upgrade level.
The restrictive limitation in the number of payments you get per level ensures that you don't sit permanently On that LEVEL as you'll be FORCED to move to the next level of payment when the maximum number of people that can pay you on that level is reached. Upgrading to higher levels of the matrix (normally eight levels... level 1 to level 8 but can be lower or higher depending on the design) requires that you pay your upgraded uplines (one per level) starting from your recruiter (level 1 upgrade), your recruiter's recruiter (level 2 upgrade), your recruiter's recruiter's recruiter (level 3 upgrade)... And so on. The upgrade payments made per level is fixed for all members and imbibed in the system in such a way as to generate enough residual income for you (per level) from the system to comfortably move from one level to the next without re-investing any money from your own pocket ever again. You are entitled to higher payment plans WITH higher number of members paying as you move up the levels.
As a typical example...A basic recurring 6X4 Networked Cash Gifting System is described below with PROGRAMMED SET payment plans specified per level to see the potential income generation power of the system over time...Depending on upgrading individuals within the network. SOME VARIANTS OF THE SYSTEM STOPS AT LEVEL 4:
Membership level - Cost - Downline / payments - Total Earnings •Level 1 - $12 - 6 First Level FRESH recruits pay you $12 each = $72
•Level 2 - $30 - 36 Second Level members pay you $30 each = $1,080
•Level 3 - $80 - 216 Third Level members pay you $80 each = $17,280
•Level 4 - $200 - 1296 Fourth Level members pay you $200 each = $259,200
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•Level 5 - $500 - 6 First Level members pay you $500 each = $3,000
•Level 6 - $1,250 - 36 Second Level members pay you $1250 each = $45,000
•Level 7 - $3,120 - 216 Third Level members pay you $3120 each = $673,920
•Level 8 - $7,800 - 1296 Fourth Level members pay you $7800 each = $10,108,800
Overall TOTAL EARNING = $ 11,108,352 Note:Two independent platformS are involved here... An online payment processor and the Networked Cash Gifting System. It is therefore necessary to register for the free online payment processor account that the system supports because all payment transactions are made through the online payment processor DIRECTLY and not through the system itself. The payment is DIRECT and INSTANTLY received by your referrer (payment notification alerts are sent via e-mail)... Not the system. In fact, the system is not involved in any financial transaction between individual members; It's only a relational database management system for:
- Directing payments to the right "recruiter-member" based on the connection link used
- Assigning links and systematic level placements to upgraded members based on manual confirmations of payments by UPGRADED members within the system.
- Systematically organizing gradual forced level payments for both uplines and downlines from the residual income generated which cumulates into huge financial income paid directly into individual member accounts... Thus benefitting all members involved in the network.
With a good network marketing plan and a personal target of recruiting (6+36+216+1219)= 1,554 recruits into your system's matrix (without any of them recruiting)... YOU ALONE can reach the target total sum while empowering your downlines in the process (getting them all paid from your effort).. Now that's putting your financial success in your own hands... which is realizable!
Idea In Implementation and Adaptation in Africa...I can't help but chip in this tip in terms of a potential use of the Networked Cash gifting System in our Banking industry in Africa (within the limits of the law) in terms of alleviating poverty, recruiting sustainable customers base and getting them involved in a network of constant transactions within the same bank (just replace the online payment processor of choice in the system with the bank's online transaction portal) which translates to constant cash inflow within the bank from all members registered in the system; who have to open and run an account with the bank to be able to benefit from the system. This is a win-win financial boom for both the bank and the customers involved. FOOD FOR THOUGHT BANKERS!
Concluding...The emergence of Networked Cash Gifting Systems is truely revolutionary! The Relational Database Management System with an interactive online graphic user interface, in conjunction with online payment processors has come to stay! It has tremendously improved the financial well being of individuals all over the world as it ensures a systematically transparent scam free network methodology with instant and direct payment system that is changing the way we view the "make money online" industry. It's already being deployed online all over the world in various formS and names... Experiencing tremendous patronage within its short period of existence because of its huge successes. It's high time Africans realize the huge impact this could have on their financial status and Cash in on it. If you've got a network of friends... The money is really in your network!
Topic: Emerging Trend: Cash Gifting as a Medium for Financial Empowerment in Africa (Read 7336 times)
