Drew Burton
11 hrs
Hey everyone the programmers are done with all the fixes and New features. Payouts and funds worked 100% with the test group we had 91 testers using the site.
Here are some things that we have changed with the site and with change also comes negatively and positively.
So please once again Think about how you react to the changes...think of the full picture and what the goal is for my24 is to get back on track and make the system very attractive to sell. The best way to build new fresh funds is to sell.
Big change #1: we have created a repurchase balance through the earnings balance on all add packs now you can buy add packs from your earnings balance. The positive side to this is members can scale and build their accounts very fast saying they do not need to with drawl to purchase our packs.
The negative side of this... to keep the system stable. there is no commission earned from internal re-purchasing of ad packs.
#2: you can make your first withdrawal up to 1100$ without adding funds. Of course new members would have to add funds to be an active member. So this would just apply for existing my24 members. I can't see any one complaining about that
#3: The big one we have implemented is KYC (know your customer) into the system
There will be a video on the profile page that will take you step-by-step through the process of what you need to do to submit your KYC document. For those wondering it can be any Government issued document with your photo and your name on it. You will also have to have your face present in the photo and the ID illegible. Seeing we only need to see your name and photo you can cover up any other information on your ID that's not needed.
The reason why we've decided to do KYC is because we found hundreds of fake accounts and I'm guessing thousands of stacked accounts in the system so far we found over 280 accounts. Without the systems of KYC. This came to our attention that many were cheating the system when payeer blocked all payments going to the US.
The negative side to implementing KYC into the system is it's a very slow process seeing we manually have to check your ID and verify your account. Our goal is to do upwards of 1000 accounts per day but still this process will take months. Members will not be able to withdraw out of the system tell their account is verified. We will be verifying accounts on a first come first serve basis. And have a maximum support ticket amount every 24 hours so we don't get overwhelmed on our end.
#4: we have moved any earnings bal. to the cash bal.
#5: Any member that has withdrawals more then their add funds will add funds to make the first withdrawal when the site opens up...
For those members who have not withdrawn more than their added funds, admin will be paying your first withdrawal. So you can create your withdrawal limit for your next withdrawal.
I'd like to thank all members for being very very patient with us as we work the new feature out.
We will be opening the site late tonight EST time
- Drew
PS. almost forgot... we will be opening a verified members only Facebook group.
As you can tell this Facebook group has gotten way out of control with spam and negativity most of the negativity or spam is coming from members of the group that aren't even members of my24. The funny thing is...this is a marketing strategy that some use. As you can tell it's not a good one. Lol
In about 30 days time all updates will be in the my24 verified members FB group.
This Facebook group will be used for proof of payment and basically just a recruiting tool for those that are looking to build a team in my24 or keep on recruiting.
The main test for the self maintaining system was to see if we could stabilize the system without a constant member base growth or adding membership fees and hoping for the best...The great news is it worked. we do not need a constant growth in a member base to sustain payouts.
This is huge guys if you understand what I'm talking about.
