Get incentivised for encouraging at least three (3) people to support the iGen Education Trust. Each donation option has its own remuneration structure. A lower donation will always earn referral fees which are lower than those of a higher donation. If a donor contributing at a lower option markets the opportunity to a new donor who contributes at a much higher option than him/her, the marketer will still be incentivised in accordance with the level at which he/she is donating. If the new downline contributes less than the upline who referred him/her, then the upline will be remunerated at the donation option of that downline.
Expansior is built on the concept of Network Marketing (NM), also known as Multi-Level Marketing (MLM). This is a smartly designed system used by companies all over the world, to maximise the marketing and distribution of their products and/or services. These could be tangible or intangible products/services. This means that a legitimate business using the NM/MLM as a distribution system for its products or services will use independent individuals (marketers) to market and sell their products/services to the public. This is often done via direct sales or word of mouth. The independent marketers are paid a commission from the sale of the product/service and are also compensated for sales made by the marketers which they recruited. The payment plan in NW/MLM is designed such that commission is paid to different marketers at multiple levels after a single sale is made.
Pyramid schemes on the other hand are, fraudulent schemes, usually deliberately disguised
as
a NM strategy. They often do not sell any meaningful product or service but merely collect
money with the promise of massive returns after a few months. Those involved are then
encouraged to go and recruit more people who in turn are encouraged to “invest’ more money
without any logical explanation of how their money grows or where the growth of their
investment comes from. Pyramid
schemes also tend to promise high and unrealistic returns in a short period of time for
doing close to nothing other than “investing” money and getting others to do the same.
The reward for recruiting new members or investors is almost always more than it is for selling
the actual product/service to members of the public. In all pyramid schemes it is not
possible to make more money than the person who recruited you, however hard you work.
Most, if not all, pyramid schemes are illegitimate operations and therefore illegal as they
normally don’t register with the relevant authorities or seek the necessary licenses
authorising them to conduct their businesses. In most cases, nobody knows who the owner of
the scheme is and the address used is normally not even linked to the “company” itself.
We are a registered entity with the Companies and Intellectual Property Commission (CIPC), registration number 2018/012054/07. Expansior is also registered with the South African Revenue Services (SARS) as a tax payer, tax number 9002089283.