Amway, MaryKay and plenty of other business are structured this way and the majority of your money is made by getting other ppl signed up and making money for you. ie Ponzi Scheme.

Do you get any sort of benefit for signing ppl up?

The first red flag for me "your anticipated earnings for the year", your assuming everything remains status quo and Ether is about to skyrocket to $1500 per. Your calculation takes no account of the market nor difficulty.

Minergate, Bitclub network all offer the same thing and most ppl are better off putting their money in the Alt coin market where you can make 10x your investment especially with all this new money flowing in.

I just don't see whats so different about what your promoting compared to Minergate or BCN. As i said, there are other platforms that can give you a much higher return in a shorter amount of time.