WeShare Crowdfunding Reviews
WeShare Crowdfunding (stylized as “We$hare Crowdfunding”) identify James C. Hill as their Founder.
Beneath the pseudonym “J.C.”, Hill was named a “principal” of OneX by the SEC in 2012.
Last year Hill (right) launched Gold Crowdfunding, which WeShare Crowdfunding seems to be always a restart of (the Gold Crowdfunding website domain redirects to WeShare Crowdfunding).
Cash gifting schemes require a consistent method of having new participants entering in at the bottom of the scheme, the failure which likely caused Gold Crowdfunding to collapse.
Trying to salvage that that was left of Gold Crowdfunding, Hill seemingly have rebranded the possibility WeShare Crowdfunding and relaunched.
Continue reading for the total summary of the WeShare Crowdfunding MLM business opportunity.
The WeShare CrowdFunding Product Line
WeShare Crowdfunding does not have any retailable products, with affiliates only able to promote affiliate membership to the company itself.
The WeShare Crowdfunding Compensation Plan
The WeShare Crowdfunding compensation plan sees affiliates subscribe and then gift funds to other participants.
This activity is tracked seven levels deep, although I'm uncertain if it is a matrix or unilevel compensation layout.
The idea is a WeShare Crowdfunding affiliate starts by gifting $200 to existing participants (James Hill gets a $40 cut).
After recruiting numerous new participants, an affiliate then pays another $320 with their upline.
I've seen five new investors quoted, but I'm uncertain if that was mandatory or perhaps an indicator (WeShare Crowdfunding do not supply a copy of these compensation plan on the website).
Consequently, new investors earned by their recruits will also be passing up gifting payments from those they've recruited.
Conclusion
A disclaimer on the footer of the WeShare Crowdfunding website reads.
Beneath the guise of funding bogus projects within an “international community”, WeShare Crowdfunding continues where Gold Crowdfunding left off.
Inspite of the fancy term, “Donation Distribution Formula” is simply another term for money gifting.
You subscribe and send a gifting payment to people who joined whenever you, which in turn qualifies you to receive exactly the same from those recruited after you.
As with Gold Crowdfunding, WeShare Crowdfunding will collapse when recruitment of new gifting recruits slows down.
Gold Crowdfunding collapsed inside a year and what with reboots rarely lasting so long as their predecessors, it's possible to expect WeShare Crowdfunding to collapse sooner rather than later.
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