I'd assume 100% of the pre-registrations are there for the incentives, so ~0% are there for the actual product.
3% conversion rate could be an extreme overestimate.
Anyway, it all appears extremely suspicious to me.
Eg. this page: https://cwfcrowd1.com/is-it-a-pyramid-sheme-no/
Are Emerge's 6 Million registrations real?, page-71
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