Zeotar fails to supply verifiable possession or govt info on its web site.
Zeotar’s web site area (“zeotar.com”), was privately registered on November fifteenth, 2023.
Regardless of solely current for a number of months, on its web site Zeotar falsely claims it was based in 2017.
Zeotar is purportedly run by founder Sebastian Martinez, who Zeotar claims is from New Mexico. Naturally Martinez doesn’t exist outdoors of Zeotar’s advertising.
In keeping with Martinez being from New Mexico, Zeotar offers customers with a New Mexico shell firm certificates for Zeotar LLC. Zeotar LLC was integrated in December 2023.
Because of the ease with which scammers are capable of incorporate shell firms with bogus particulars, for the aim of MLM due-diligence these certificates are meaningless.
Over on YouTube now we have Zeotar advertising movies that includes an robodubbed AI avatar and George C.
A 12 months in the past George was educating English in South Korea:
Immediately George may be discovered on Fiverr:
It appears whoever is working Zeotar hasn’t bothered to search out somebody to play Sebastian Martinez but.
Replace 1st April 2024 – George C. hasn’t been seen in ZeoTar advertising materials for a month.
He seems to have been just lately changed by this man, who can also be calls himself “George”:
ZeoTar’s new George shoots movies on his cellphone and is probably going one other Fiverr or comparable rent. /finish replace
As at all times, if an MLM firm will not be overtly upfront about who’s working or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.
Zeotar’s Merchandise
Zeotar has no retailable services or products.
Associates are solely capable of market Zeotar affiliate membership itself.
Zeotar’s Compensation Plan
Zeotar associates make investments USD equivalents in cryptocurrency.
That is finished on the promise of marketed returns:
- Eco – make investments $50 to $4999 and obtain 1.2% a day for 250 days
- Swift – make investments $500 to $25,000 and obtain 1.3% to 1.5% a day for 250 days
- Volt – make investments $5000 to $24,999 and obtain 1.4% a day for 250 days
- Inexperienced – make investments $25,000 to $75,000 and obtain 1.6% a day for 250 days
The MLM facet of Zeotar pays on recruitment of affiliate buyers.
Zeotar Affiliate Ranks
There are 9 affiliate ranks inside Zeotar’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Degree 1 – join as a Zeotar affiliate
- Degree 2 – generate $500 in weaker binary crew facet funding quantity
- Degree 3 – generate $2500 in weaker binary crew facet funding quantity
- Degree 4 – generate $10,000 in weaker binary crew facet funding quantity
- Degree 5 – generate $50,000 in weaker binary crew facet funding quantity
- Degree 6 – generate $200,000 in weaker binary crew facet funding quantity
- Degree 7 – generate $500,000 in weaker binary crew facet funding quantity
- Degree 8 – generate $1,250,000 in weaker binary crew facet funding quantity
- Degree 9 – generate $1,500,000 in weaker binary crew facet funding quantity
Referral Commissions
Zeotar associates earn a ten% fee on cryptocurrency invested by personally recruited associates.
Residual Commissions
Zeotar pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary crew, break up into two sides (left and proper):
The primary degree of the binary crew homes two positions. The second degree of the binary crew is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary crew are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary crew are crammed by way of direct and oblique recruitment of associates. Observe there isn’t any restrict to how deep a binary crew can develop.
On the finish of every day Zeotar tallies up new funding quantity on either side of the binary crew.
Residual commissions are paid as a share of recent funding quantity on the weaker binary crew facet.
How a lot in residual commissions a Zeotar affiliate can earn every day is decided by how a lot they’ve invested:
- Eco tier associates can earn as much as $2500 a day
- Swift tier associates can earn as much as $7500 a day
- Volt tier associates can earn as much as $5000 a day
- Inexperienced tier associates can earn as much as $10,000 a day
As soon as paid out on, quantity is matched in opposition to the stronger binary crew facet and flushed. And leftover quantity on the stronger binary crew facet carries over.
Rank Achievement Bonus
Zeotar rewards associates for qualifying at Degree 2 and better ranks with the next one-time Rank Achievement Bonuses:
- qualify at Degree 2 and obtain $15
- qualify at Degree 3 and obtain $50
- qualify at Degree 4 and obtain $200
- qualify at Degree 5 and obtain $1000
- qualify at Degree 6 and obtain $3500 and Zeo Star membership (see “Regional Head Bonuses” under)
- qualify at Degree 7 and obtain $8000
- qualify at Degree 8 and obtain $15,000
- qualify at Degree 9 and obtain $75,000
Regional Head Bonuses
Zeotar costs $9999 or $25,000 for a regional head place.
Zeo Star ($9999)
Zeotar associates who pay $9999 obtain:
- an extra 1% on investments made
- a 2% bonus on personally recruited affiliate funding (should recruit fifteen associates to qualify)
- diminished withdrawal charges
Zeo Supreme ($25,000)
Zeotar associates who pay $25,000 obtain:
- an extra 2% on investments made
- a 3% bonus on personally recruited affiliate funding (should recruit twenty-five associates to qualify)
- diminished withdrawal charges
- $200 a month
Becoming a member of Zeotar
Zeotar affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $50 funding.
Zeotar solicits funding in varied cryptocurrencies.
Zeotar Conclusion
Zeotar represents it generates exterior income by way of EV charging equipment.
Zeotar specialises in producing lithium batteries and EV charging ports for sustainable mobility options.
No proof of Zeotar producing exterior income of any sort is offered.
Moreover, Zeotar’s enterprise mannequin fails the Ponzi logic take a look at.
If Zeotar was capable of legitimately generate as much as 1.6% a day on a constant foundation, what do they want your cash for?
Because it stands, the one verifiable income getting into Zeotar is new funding.
Utilizing new funding to pay affiliate withdrawals would make Zeotar a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Zeotar of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.