Zeotar Review: EV charging ruse MLM crypto Ponzi
Zeotar fails to provide verifiable ownership or executive information on its website.
Zeotar’s website domain (“zeotar.com”), was privately registered on November 15th, 2023.
Despite only existing for a few months, on its website Zeotar falsely claims it was founded in 2017.
Zeotar is purportedly run by founder Sebastian Martinez, who Zeotar claims is from New Mexico. Naturally Martinez doesn’t exist outside of Zeotar’s marketing.
In line with Martinez being from New Mexico, Zeotar provides consumers with a New Mexico shell company certificate for Zeotar LLC. Zeotar LLC was incorporated in December 2023.
Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.
Over on YouTube we have Zeotar marketing videos featuring an robodubbed AI avatar and George C.
A year ago George was teaching English in South Korea:
Today George can be found on Fiverr:
It seems whoever is running Zeotar hasn’t bothered to find someone to play Sebastian Martinez yet.
Update 1st April 2024 – George C. hasn’t been seen in ZeoTar marketing material for a month.
He appears to have been recently replaced by this guy, who is also calls himself “George”:
ZeoTar’s new George shoots videos on his cell phone and is likely another Fiverr or similar hire. /end update
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.
Zeotar’s Products
Zeotar has no retailable products or services.
Affiliates are only able to market Zeotar affiliate membership itself.
Zeotar’s Compensation Plan
Zeotar affiliates invest USD equivalents in cryptocurrency.
This is done on the promise of advertised returns:
- Eco – invest $50 to $4999 and receive 1.2% a day for 250 days
- Swift – invest $500 to $25,000 and receive 1.3% to 1.5% a day for 250 days
- Volt – invest $5000 to $24,999 and receive 1.4% a day for 250 days
- Green – invest $25,000 to $75,000 and receive 1.6% a day for 250 days
The MLM side of Zeotar pays on recruitment of affiliate investors.
Zeotar Affiliate Ranks
There are nine affiliate ranks within Zeotar’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Level 1 – sign up as a Zeotar affiliate
- Level 2 – generate $500 in weaker binary team side investment volume
- Level 3 – generate $2500 in weaker binary team side investment volume
- Level 4 – generate $10,000 in weaker binary team side investment volume
- Level 5 – generate $50,000 in weaker binary team side investment volume
- Level 6 – generate $200,000 in weaker binary team side investment volume
- Level 7 – generate $500,000 in weaker binary team side investment volume
- Level 8 – generate $1,250,000 in weaker binary team side investment volume
- Level 9 – generate $1,500,000 in weaker binary team side investment volume
Referral Commissions
Zeotar affiliates earn a 10% commission on cryptocurrency invested by personally recruited affiliates.
Residual Commissions
Zeotar pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
At the end of each day Zeotar tallies up new investment volume on both sides of the binary team.
Residual commissions are paid as a percentage of new investment volume on the weaker binary team side.
How much in residual commissions a Zeotar affiliate can earn daily is determined by how much they’ve invested:
- Eco tier affiliates can earn up to $2500 a day
- Swift tier affiliates can earn up to $7500 a day
- Volt tier affiliates can earn up to $5000 a day
- Green tier affiliates can earn up to $10,000 a day
Once paid out on, volume is matched against the stronger binary team side and flushed. And leftover volume on the stronger binary team side carries over.
Rank Achievement Bonus
Zeotar rewards affiliates for qualifying at Level 2 and higher ranks with the following one-time Rank Achievement Bonuses:
- qualify at Level 2 and receive $15
- qualify at Level 3 and receive $50
- qualify at Level 4 and receive $200
- qualify at Level 5 and receive $1000
- qualify at Level 6 and receive $3500 and Zeo Star membership (see “Regional Head Bonuses” below)
- qualify at Level 7 and receive $8000
- qualify at Level 8 and receive $15,000
- qualify at Level 9 and receive $75,000
Regional Head Bonuses
Zeotar charges $9999 or $25,000 for a regional head position.
Zeo Star ($9999)
Zeotar affiliates who pay $9999 receive:
- an additional 1% on investments made
- a 2% bonus on personally recruited affiliate investment (must recruit fifteen affiliates to qualify)
- reduced withdrawal fees
Zeo Supreme ($25,000)
Zeotar affiliates who pay $25,000 receive:
- an additional 2% on investments made
- a 3% bonus on personally recruited affiliate investment (must recruit twenty-five affiliates to qualify)
- reduced withdrawal fees
- $200 a month
Joining Zeotar
Zeotar affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $50 investment.
Zeotar solicits investment in various cryptocurrencies.
Zeotar Conclusion
Zeotar represents it generates external revenue via EV charging accessories.
Zeotar specialises in producing lithium batteries and EV charging ports for sustainable mobility solutions.
No evidence of Zeotar generating external revenue of any kind is provided.
Furthermore, Zeotar’s business model fails the Ponzi logic test.
If Zeotar was able to legitimately generate up to 1.6% a day on a consistent basis, what do they need your money for?
As it stands, the only verifiable source of revenue entering Zeotar is new investment.
Using new investment to pay affiliate withdrawals would make Zeotar a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Zeotar of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
