What Users Say About...

My experience with the program so far

Global Aid Club is a recently launched program built around a smart contract on the Beacon side chain of the Ethereum Network. The program is a Global Powerline where all new enrollments are placed on a single powerline, and all members receive commission payments generated from this single powerline.

The compensation plan is set out clearly as a number of enrollment levels beneath each member. At each level, a daily payout is triggered in the smart contract for a certain number of days. To enrol in the program, you pay $50. You can purchase multiple contracts. There is no requirement to have referrals; however, the bonus structure for referrals is attractive in the form of 50% matching check payouts based on all withdrawals of your referrals. There is also a fast start bonus of $20 per referral.

The website and registration process is working very well, and the smart contract seems to be going as planned. In its first week from Launch 8,000 members joined and purchased 20,000 contracts. A winning feature of this program is the design favourable to passive investors and marketers. The compensation for a single contract runs to $300k for a member with no referrals. This program looks like it is extremely popular and well-supported based on a great compensation plan and the full transparency of the smart contract process.

What I Like

The model they have created, which combines passive investing with ample scope for affiliate earnings, is really good and looks very lucrative. With the fast start from launch I have been moving through the levels and was in profit from the first day, such is the speed of enrollments. Limiting the duration that each commission level is paid for looks like a clever way to avoid slipping into a Ponzi mode with the powerline being infinitely long.

I like the advanced blockchain technology, which has run like clockwork despite the stampede of new enrollments, and the complete transparency of the transactions is a plus. The leaders and admin seem dedicated and passionate about helping people financially, and the vibe is indeed positive overall.

What I Dislike

At registration, you have to have a Web 3 wallet funded and go through a process of connecting your wallet to theirs, largely done via QR codes and their automated Web3 programming. I was a little new to this process and was initially a bit apprehensive about it. It could be a barrier to complete newbies in Crypto. They could have better instructions to take people step by step through this.

Final Verdict

I think Global Aid is going to be extremely popular if the mathematics behind the funding formula holds up over time. Only time will tell.