I'm not sure if anyone has come across this affiliate marketing opportunity before but was hoping to get some opinions.
I have no doubt that this is a ponzi scheme but wanted to get the thoughts of others.
They claim that you are buying bids to distribute to generate traffic. But they pay on average 1.5% per day compounded. Each day you "buy" more bids with the amount in the account and then get another 1.5% on that.
Initial purchase is $1,000 - $10,000
They claim that 50% of the profits are distributed to the affiliate members who simply re-purchase bids each day and distribute them and place 1 add per day (which is already created by the company).
I will certainly not be getting involved with this but wanted to check if anyone else has come across it?