I think the missing part for it to be a true pyramid is that you don't profit from your referrals referrals and so on. That's what is usually called a downline

I think the missing part for it to be a true pyramid is that you don't profit from your referrals referrals and so on. That's what is usually called a downline in MLM/pyramid schemes. But yeah, it is getting very close to a pyramid system IMO.