CryptZek Review – Legit Crypto MLM or Huge Scam?

Welcome to my CryptZek Review!

Have you already heard the buzz surrounding this company and now you want to know more?

You want to be sure that this company is legit before you jump in with both feet, right?

Well, I’m glad you’re here because it means you are doing your due diligence!

In my review, I will talk about this company’s background, products, compensation plan, and cost to join.

So, let’s dive in!

CryptZek Review – The Company

CryptZek Review

The CryptZek website does not offer any info about who owns or operates the business.

I did manage to discover that the CryptZek’s website domain was registered privately as “cryptzek.com” on the 27th of March, 2019.

On the company website, it says the CryptZek is

an investment company registered in the United States Of America, under the Accounting and Corporate Regulatory Authority (ACRA) with Registration Number 10874403.

ACRA is a regulatory body in Singapore that has no association with the US.

On top of that, if you try inputting the supplied registration number on ACRA’s website, nothing shows up.

CryptZek Reviews – The Products

CryptZek has no retail products or services for affiliates to purchase or sell.

Affiliates who join the company can only market the CryptZek affiliate membership.

The CryptZek Compensation Plan

CryptZek affiliates are required to invest money for hourly and daily returns.

  • Premium Market Plan – Invest $500 or more and receive a 104.5% ROI in two hours
  • Silver Market Plan – Invest $300 or more and receive a 105% ROI in two days
  • Gold Market Plan – Invest $700 or more and receive a 107% ROI in five days
  • UltraModern Market Plan – Invest $1000 or more and receive a 109% ROI in seven days

CryptZek claim that they pay referral commissions on investments down 2 levels of sponsorship:

Our affiliate program is so well paying, it would be a big loss not to use it!

In fact, we pay not just one, but 2 LEVELs deep!

The company only details a 10% referral commission on investments by personally sponsored affiliates (level 1).

CryptZek does not provide a level 2 referral commission rate.

Crypt Zek Review

Cost to Join CryptZek

Joining CryptZek as an affiliate is free, but to fully participate in the compensation plan there is a minimum $500 investment requirement.

CryptZek takes both fiat and cryptocurrency as payment.

Final Verdict

Okay, let’s get to the final verdict…

The first red flag here is the fact that this company claims to be registered in the US, when in fact, they aren’t.

The second problem I see is that there is no verifiable source of external revenue.

This likely means that they are using new affiliate fees to pay out existing affiliate ROI.

And that is not exactly a legal business model.

And once sponsorship numbers inevitably decrease, the company will head towards collapse.

My advice here is to maybe skip this one and wait for a better opportunity.

Thanks for reading my CryptZek review! Feel free to leave a comment or question down below…

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CryptZek

-Jesse Singh

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