Cash Dojo is a website operate at cashdojo.com. Moreover, the company is operating from Nicosia, Cyprus.
The domain cashdojo.com was registered on 11 May 2017. However, the domain registration is set to private. Moreover, the first time Cash Dojo’s existence was claimed in 2013.
The official website of cash dojo has no information about the owner of the company and who runs the company.
If you are thinking to join the Cash Dojo then read this article till the end it might change your opinion.
Honestly, I don’t think it is a good idea to invest in a company who cannot even clearly tell that who is the owner of the company.
About Cash Dojo – Cash Dojo Review
As I already told you, the company operates from Nicosia, Cyprus. But if you look at the privacy page of the company, then you will find out their headquarters are based in Vancouver, Canada.
The address present on the privacy page of the cash dojo belongs to Regus. Regus gives virtual office spaces on rent.
This address confusion can be clear by reading the compensation plan of the company. In the compensation plan, the information is present that company ownership is incorporated in Belize, but the company main headquarter is in Vancouver, BC Canada.
There is no information about the company owner and staff on its official website, but with further research, we get to know about the president and the CEO of the company.
Albert Liske is the president and CEO of the Cash Dojo. He has been the Chair of the Board of Directors and CEO of Shoppaholic since 2007.
When the Cash Dojo company begins, he became the president of the company. Later on, in 2013 he became the CEO of the company.
However, Natalie Wood is also specifying as CEO of the company, which is confusing for everyone. Moreover, Kevin Grimes is credit as the company’s attorney at law.
Still, it is unclear whether Grimes is a part of the company or not. There is no information about this anywhere on the company website.
Albert Liske, who is the CEO of the company, is also the inventor of the modern-day penny auction. He works previously as CEO for the company Bidsson.
However, he takes resigns from the company after two months of joining. He claims that the company is doing fraud.
After two weeks, Liske stops his campaign. What happens between Liske and the company Bidsson is still a mystery for everyone.
Cash Dojo Compensation Plan
The company compensation plan is very complicated. It is difficult to understand it, but in this article, I have tried to explain in the simplest way possible.
The company has a 48 pages booklet of its compensation plan. However, most of the information present on the brochure is irrelevant. I have done the research about the company compensation plan and break it. So you can understand the information quickly.
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Affiliates and Franchisees
The Cash Dojo compensation plan begins with a confusion three-tier affiliate structure. Three-tier affiliate structure includes Bid Franchisees, Belt Franchisees, and affiliates.
Bid Franchisees can only sell Penny Dojo bids. Belt Franchisees have access to higher earnings and affiliates can earn commission on selling Penny Dojo Bids.
However, they first need to purchase these bids from Bid Franchisees. Meanwhile, Belt Franchisees are what we call as regular affiliates. Actually, Cash Dojo refers to the affiliates scheme has not anything to do with MLM income opportunity.
Cash Dojo Affiliate Ranks
There are a total of 7 affiliate ranks in the compensation plan of the company. Moreover, each rank has specific qualification criteria which are as follows:
- Blue: You need to spend a minimum of $99.99, plus collect at least 300 points in a month. Moreover, you need to generate $600 in advertising revenue or $300 in retail customer sales per month.
- Yellow: You need to spend a minimum of $199.98 plus collect at least 500 points in a month. Moreover, you need to generate $4000 in advertising revenue or $2000 in retail customer sales per month.
- Orange: You need to spend a minimum of $299.97 plus collect at least 25000 points in a month. Apart from this, you need to generate $50000 in advertising revenue or $25000 in retail customer sales per month.
- Purple: You need to spend a minimum of $399.96 plus collect at least 100000 points in a month. Apart from this, you need to generate $200000 in advertising revenue or $100000 in retail customer sales per month.
- Black: You need to spend a minimum of $499.95 plus collect at least 1,000,000 points in a month. Apart from this, you need to generate $2,000,000 in advertising revenue or $1000000 in retail customer sales per month.
- Red: You need to spend a minimum of $599.95 plus collect at least 2000000 points in a month. Apart from this, you need to generate $4,000,000 in advertising revenue or $2000000 in retail customer sales per month.
- Brown: You need to spend a minimum of $699.93 plus collect at least 4000000 points in a month. Apart from this, you need to generate $8,000,000 in advertising revenue or $3000000 in retail customer sales per month.
You can earn points by doing a variety of tasks on the website of Cash dojo. Moreover, you can generate affiliate revenue by using cash dojo online content.
Rank Advancement Bonus
An affiliate also gets a rank advancement bonus from the company when they qualify for at certain affiliates rank for the first time.
- Orange: $25,000
- Purple: $100000
- Black: $1000000 paid in 12 months
- Red: $2000000 paid in 12 months
However, there is no rank advancement bonus for the qualifying for blue and yellow rank.
Retail Commission and Residual Commission
An affiliate earns the retail commission on selling the company product to retail customers. Moreover, the commission any affiliate receives depends on the rank of the affiliate.
The commission that affiliate earn is as follows:
- 15% – Blue
- 20% – Yellow
- 25% – Orange
- 30% – Purple
- 35% – Black
- 40% – Red
An affiliate gets a residual commission using a uni-level compensation structure. In the uni-level system, one affiliate is present at the top, and three affiliates are below it which forms the level 1.
Similarly, three more affiliates are below the above every three affiliates which form level 2. In the same way, this goes on up to level 4.
Furthermore, the earning of an affiliate depends on the level of the affiliate:
- 20% – Level 1
- 15% – Level 2
- 10% – Level 3
- 5% – Level 4
Other Plans and Bonuses
The company also provide bid commission and auction revenue commission. Apart from this, they have a scheme of a check match bonus and car bonus to hype up the affiliates investment amount.
Bid commission, auction revenue and check match bonus are paid on the basis of the affiliate rank when an affiliate qualifies specific criteria.
To get more and more affiliate, the company has a scheme of car bonus which in reality only give profit to the company, not to the affiliates who invest in the company.
When the company was launched in 2013, there were chances that the company can be successful in the MLM field.
But when affiliate sees their services and understands the compensation plan of the company, it is not difficult for them to realise that Cash Dojo is doing an MLM Scam. In my opinion, you should not invest in a company like Cash Dojo.
If you want to invest your money to get a good return on your investment, then invest in Crypto Cloud Mining Companies. Crypto Cloud companies are 100% safe. So it’s worth checking them out as they are not doing any type of MLM scam.
I hope this review of Cash Dojo helps you to be aware of the company MLM scam.