Remember 15% of any revenue to Miggster goes to the referrer.
they then keep 25% as an incentive pool for ALL users
So any revenue you calculate needs to have 36.25% taken away (15% then 25% of that remaining) just for their pyramid/referrals to be paid.
So with 64.5% share of the net that's ~ 41.1% of the actual subscription fees before any tax and operating costs are taken into account.
I would assume Crowd1 would want to recoup the costs of the big launch event as part of this and that comes off the top (publishers normally do this)
But still it's good revenue even at 41% but it does feel like it's being generated because other people want to make money vs a valuable service. Their top salespeople even say this in a video
https://youtu.be/xTssuevM7ak?t=707
11:50 min "ok you make money on Miggster, that's why we do it"
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