Menu

ZmartBit Review: a Blockchain Scam Indeed

ZmartBit Review: a Blockchain Scam Indeed

Share This!

ZmartBit is allegedly a software for investing in Crypto currencies. It teaches about Crypto investing at an afforable price. It also claims to give users access to the biggest business opportunity. The site in question is hosted at zmartbit.com. It does not provide any information on their website about who owns or runs the company. However, they still want the trading and investing community to believe that Blockchain technology is in the real-time distributed system.

If you want to trade or invest in Crypto currencies, we implore you to check out these apps. 

Back to the main thing… ZmartBit’s website domain (“zmartbit.com”) was privately registered on September 20th, 2019.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

ZmartBit Review

The operations of this company suggest that it is more of a pyramid scheme than a blockchain project. Scammers have come out in numbers to deceive investors who don’t understand how blockchain works.

👉 Want to make money automatically with Bitcoin and Cryptocurrencies without the risk of trading yourself? Are you ready for self-custody of your investment funds? Do you like the sound of regular consistent results and profitable performance? Tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard earned funds? Stop everything! ETBOT is for you! With the ETBOT software, only YOU are in control of your investment funds. The software works using API Key connections that only YOU set up and control. The ETBOT service and mother company EndoTech has been making investors hundreds of percent a year in proven gains since 2012! They use the volatility of the Crypto market to trade long and short using breakout techniques and strategies powered by real Artificial Intelligence. This year so far ETBOT has made over 75% for clients since January 1st, 2020. If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to ETBOT now and buy your subscription to get started. PS: ETBOT is a Profitable Forex/Crypto Trading Bot. 100% Verified and Recommended by Valforex.com.

worldmarkets

New affiliates sign up, pay a fee and get paid to recruit others who do the same. Nothing is marketed to or sold to retail customers, leaving 100% commissions paid out within ZmartBit tied to recruitment.

And for a pyramid scheme, ZmartBit isn’t even mathematically sound. As unlock fees increase each matrix level (up to $8000 at Bronze and higher), commissions paid out per position filled reduce. Where does the rest of the money go? Into the anonymous ZmartBit admin’s pocket.

As for the “Crypto Education” pseudo-compliance, quite obviously nobody is paying fees over and over again for the same “education”.

What’s really being traded within ZmartBit are matrix positions. You buy a position, get paid when others are recruited who also buy positions. Pay more money to unlock higher position tiers and so on and so forth.

Like all MLM pyramid schemes, ZmartBiz will collapse once recruitment dries up. The math behind pyramid schemes guarantees that the majority of participants will lose money. It’s also important to note ZmartBit’s use of bitcoin. This means that when ZmartBit inevitably collapses, victim fund recovery will be near impossible.

ZmartBit has no retailable products or services, with affiliates only able to market ZmartBit affiliate membership itself. ZmartBit affiliate membership provides access to “Crypto University” (also cited as “Bitcoin University”). Crypto University appears to contain cryptocurrency educational material.

ZmartBit’s Compensation Plan

ZmartBit affiliates pay $260 to sign up. Commissions are paid when they recruit others who do the same.

ZmartBit pays recruitment commissions via a hybrid 4×10 matrix.

A standard 4×10 matrix places an affiliate at the top of a matrix, with four positions directly under them.

These four positions form the first level of the matrix. The second level of the matrix is generated by splitting each of these four positions into another four positions each. From the third level, ZmartBiz’s hybrid matrix generates new positions on each level by multiples of two instead of four.

That is level three houses thirty-two positions (up from sixteen on level two). Level four houses sixty-four positions and so on and so forth.

Note that the image above illustrates a standard 4×10 matrix. Stated position numbers for levels three and four (64 and 256) are incorrect. Positions in the matrix are filled via direct and indirect recruitment of ZmartBit affiliates. Commissions are paid out as positions in the matrix are filled. How much of a commission is paid out is determined by which level of the matrix a position is filled.

Each level of the matrix operates as a commission tier, requiring a fee paid and additional qualification criteria.

  • White – sign up and pay $260, earn $125 per position filled on level 1 (4 positions)
  • Green (recruit two affiliates who each recruit two affiliates) – pay another $260, recruit two affiliates who each recruit two affiliates, and earn ~$156 per position filled on level 2 (16 positions)
  • Yellow – pay another $530 and earn ~$156 per position filled on level 3 (32 positions)
  • Orange – pay another $1060 and earn ~$156 per position filled on level 4 (64 positions)
  • Blue – pay another $2100 and earn ~$156 per position filled on level 5 (128 positions)
  • Pink – pay another $4200 and earn ~$78 per position filled on level 6 (256 positions)
  • Bronze – pay another $8300 and earn ~$46 per position filled on level 7 (512 positions)
  • Silver – pay another $8400 and earn ~$23 per position filled on level 8 (1024 positions)
  • Gold – pay another $8500 and earn ~$11 per position filled on level 9 (2048 positions)
  • Platinum – pay another $8600 and earn ~$6 per position filled on level 10 (4096 positions)

Joining ZmartBit

ZmartBit affiliate membership is $260. Full participation in ZmartBit’s income opportunity costs $42,210. Note that all payments within ZmartBit (both paid and received) are made in bitcoin. Bitcoin does fluctuate in pricing but is yet to be stable as many people have started adapting it on a large scale.

Our best advice for you

ZmartBit is a straight-forward pyramid scheme and we should not have any doubt about this. New affiliates sign up, pay a fee and get paid to recruit others who do the same. This is not rocket science and anyone can see that such an operation is not genuine trading or investing in blockchain.

Nothing is marketed to or sold to retail customers, leaving 100% commissions paid out within ZmartBit tied to recruitment. And for a pyramid scheme, ZmartBit isn’t even mathematically sound.

As unlock fees increase each matrix level (up to $8000 at Bronze and higher), commissions paid out per position filled reduce. Where does the rest of the money go? Into the anonymous ZmartBit admin’s pocket. As for the “Crypto Education” pseudo-compliance, quite obviously nobody is paying fees over and over again for the same “education”.

 

 

What’s really being traded within ZmartBit are matrix positions.You buy a position, get paid when others are recruited who also buy positions. Pay more money to unlock higher position tiers and so on and so forth.

Like all MLM pyramid schemes, ZmartBiz will collapse once recruitment dries up. The math behind pyramid schemes guarantees that the majority of participants will lose money. It’s also important to note ZmartBit’s use of bitcoin. This means that when ZmartBit inevitably collapses, victim fund recovery will be near impossible. Stick to these Crypto trading apps.

If You'd Like to Get Notified When This Site is Updated, Subscribe Below...

6 Replies to “ZmartBit Review: a Blockchain Scam Indeed”

  1. numero 1: a um produto na zmart bit
    numero 2: a unica vez que vc mexe no seu bolso é pra ativar a conta, e vc paga com os lucros da empresa, se vc recebe mais o taxa no banco n é sempre maior. agora me diga, que piramedi para em tempo real?

  2. Se ela não tivesse um produto sim seria pirâmide mais note que você compra um curso e depois revende no máximo 4 licenças como você acha que os níveis acima ganhariam bônus mais autos isso sim é matematicamente incorreto pois a pessoa só pagou U$260 por um curso e quer ganhar bônus altíssimos só com isso? Não essa empresa não trabalha com binário não trabalha com saúdo o dinheiro das comissões não fica na empresa tudo que você ganha vai direto pra sua carteira não fica lá preso em saúdo por 200 dias então minha opinião é que ela vai incomodar o mercado falido como já começou por aqui!

  3. Faço parte desse projeto e sou linha de frente de um dos maiores especialista em marketing digital.
    Estou selecionando apenas 8 pessoas aderirem ao projeto a custo zero.
    Maiores detalhes .
    21967557047 zap.
    Diego souza

  4. Como esse é um artigo copiado de um site privado americano (apesar de não ter dado nem os créditos) eu só faço uma pergunta, se o pagamento das comissões não pa**am por uma carteira BTC da empresa, é feito diretamente de membro comprador da licença para o vendedor e seu upline, caso a empresa resolva dar um “golpe” me diz uma coisa, que dinheiro ela vai levar se nenhum dos pagamentos feitos pa**am pelas mãos ou sistema da empresa?

    Seria essa a primeira pirâmide financeira projetada para “roubar” uma parte da comissão que já é sua por direito? Um tipo de “auto-roubo”… É como se o cliente de uma loja, ao pagar por um ítem, entrega**e a comissão do vendedor e o restante ao dono da loja, teria como esse dono de loja não pagar a comissão do vendedor? Não me parece inteligente, fiz essa pergunta no site americano que publicou esse artigo (mas oferecia outros produtos de investimento com seu link de referência em propagandas no meio do texto) maa** ninguém se deu ao trabalho de responder, podem me esclarecer por favor?

Leave a Reply

Your email address will not be published. Required fields are marked *

IQ Mining




Binary Option Scams, Warnings, Reviews & Updates...

Binbotpro

Popular Articles

Follow Us

Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More

Show Buttons
Hide Buttons