The Real World Andrew – Is it a Pyramid Scheme?
The Real World andrew is a mentoring program by entrepreneur Andrew Tate, a former four-time kickboxing champion who became famous for sharing his wealth and lifestyle on social media. It shares teachings about wealth generation, business development and disruptive marketing methods and offers access to a network of millionaires.URL : www.cobratate.com/jointherealworld
What is the 1% mean?
The platform is billed as an online learning portal that teaches high-income skills like cryptocurrency trading, ecommerce business setup and social media client acquisition. It also includes a copywriting course. Many students say the program is effective in teaching complex concepts for wealth creation.
But critics say the app is an illegal pyramid scheme that exploits vulnerable young men and boys. The platform’s revenue comes primarily from subscription fees. And the benefits users receive depend on how many new members sign up for the service, according to a lawsuit filed in January by a woman who says she was defrauded by the program.
The lawsuit alleges that founder Andrew Tate and his brother Tristan, a former professional wrestler, use their significant online following to promote subscriptions to the Real World Portal. Those who pay for the monthly fee get access to educational videos and materials, a community of millionaires, daily access to professors and more.
In an effort to increase their subscriber base, the brothers promote the program on platforms like TikTok, Instagram and YouTube. They share short clips of Andrew’s content that are edited down from his long-form content, encouraging people to sign up using their affiliate link. Each member of TRW gets 48 per cent of the commission on every person that signs up through their link.