Anyone experience with theseeder dot com?

I am there and one of the first to join. It launched on 4th January and looks very professional. I know a user who has already been paid and I am in the downline of a site admin who only promotes trusted sites (he usually knows who the admins are). Once you join, you only need 3 referrals and you start earning. Of course the more you have the better it will be and this will go on and on and on forever. In my opinion it is going to be huge!