ZmartBit provides no information on their website about who owns or runs the company.

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’s Products

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.

Conclusion

ZmartBit is a straight-forward pyramid scheme.

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.