Thursday, June 01, 2006

Matrix Daily Phase II

Still taking the red or blue pills, anyone?

A lot of Matrix Daily members are still feeling bombed out from the 'sudden' announcement of Phase II, and the anger apparently is still there judging by some of the bad votes casted against the program. For those not aware, the transition to Phase II resulted in "many active upgrades from the past 25 days to be adjusted retroactively to a lower rate". And they were "cut in the fairest possible manner".

Time will tell whether Morpheus did the right thing or in his own words, in 25 days time, we will know the total effects of these actions. But credit to him for being honest that the business model wasn't sustainable in the long run and drastic actions have to be taken sooner rather than later. Autosurf Dummy is not happy with the cuts but on a positive side, these cuts actually act as a full or partial refund and is better than what some program admins have done (ie. let your full amount sit in the pending area, without any cuts but refusing to make the payouts).

Making the adjustments has put off some members but it has allowed the program to extend its lifespan by possibly a few weeks or a couple of months more. The issue now is whether Phase II is stable and profitable for us to stick around with?

Nobody has the answer, not even Morpheus himself knows the outcome of Phase II. Autosurf Dummy thinks that Phase II may still be quite attractive at the moment. For new members, especially. (Old members still cannot get over the retroactive cuts). Percentage swings will be a lot more frequent than in Phase I so a staggered approach of investment will be better rather than a lump sum investment. In fact, now seems a pretty good time to start Phase II (with the high percentages) than say one or two weeks later, otherwise might as well pull out of the program altogether.

Will the program see Phase III? Not anytime soon but it will depend on how Morpheus steers the ship out of the storm. Maybe the ship will capsize tomorrow and all will be lost. One thing is for sure, Autosurf Dummy won't be sticking around Matrix Daily when Phase III comes around.

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