MetaVarious Review: MLM Ponzi Scheme Exposed (2023 Review)
MetaVarious is a dangerous Ponzi scam you should avoid investing in. The following review will help you understand why that is so:
The website of MetaVarious does not contain any information about ownership or executives.
On December 21, 2022, a private registration was made for the “metavarious.live” domain that houses their website.
Did You Know?
MLM is the ‘Multilevel Marketing’ technique. However, the Ponzi firms misuse it, as their sole aim is to sell membership and gain membership funds via associates. They have no other legit product to sell.
Russia (54%), Ukraine (19%), India (16%), and Algeria (11%), according to SimilarWeb, are the top four countries from which visitors to MetaVarious’s website come.
One of these nations is probably where whoever runs this scam comes from.
Undoubtedly, the website’s language indicates that the owner is not a native English speaker;
Always think twice before joining or giving any money to an MLM firm if it is not completely transparent about who owns or runs it.
Products of MetaVarious
MetaVarious doesn’t offer any goods or services for sale.
Affiliates can only promote MetaVarious affiliate membership in and of itself.
Remuneration Schedule for MetaVarious
An eight-tier 2×2 matrix cycler is run by MetaVarious. In MetaVarious, all payments are made in Tron (TRX).
Here is a list of the eight MetaVarious cycler tiers:
- 200 TRX
- 400 TRX
- 800 TRX
- 1600 TRX
- 3200 TRX
- 6400 TRX
- 12,800 TRX
- 25,600 TRX
An affiliate is positioned at the top of a 22 matrix, with two positions immediately behind them:
The initial level of the matrix is made up of these two places. By dividing these first two locations into two more positions each, the matrix’s second level is produced (4 positions).
By purchasing cycler positions, both newly hired and current affiliates can fill positions in the matrix.
40% of the cycler position fees paid by them go toward funding the cycler.
The affiliate cycling out receives 36% of this 40%, while the affiliate who recruited them receives 4%.
The affiliate’s 36% payment was dependent on filling the four level 2 posts. The fourth post filled also starts the cycle, and this is where the 4% paid upline comes from.
Keep in mind that to cycle out of a matrix, a MetaVarious affiliate needs to have two individually recruited affiliates.
Re-entering cycler tiers appears to happen automatically, but it is not going to bother trying to understand this mess:
The final thing to keep in mind about their cycler is that 10% of all cycler commissions are seized.
According to MetaVarious, the money seized will “be distributed [sic] to all the subscribers according to their upgrade packages.”
The exact distribution of the 10% is dependent on each individual’s investment and recruitment efforts (invest more and recruit more people to earn more of the 10% stolen).
Advisory Commissions
Every time an affiliate invests a new matrix, MetaVarious pays a referral commission.
- The recruiting affiliate receives 30%. (level 1)
- The affiliate who brought on the recruiting affiliate will receive 10%. (level 2)
For instance, let’s say you bring in an affiliate who invests at the 200 TRX cycler tier.
You receive a 60 TRX commission (30%), and whoever brought you on board receives an 80 TRX commission (10%).
Recurring Commissions
Residual commissions on TRX invested in cycler trades total 20%.
MetaVarious uses a unilevel compensation structure to pay residual commissions.
An affiliate is put at the head of a unilevel team in a unilevel pay system, and each affiliate they recruited is positioned immediately under them (level 1).
If any level 1 affiliate brings on new affiliates, the new affiliates are assigned to the original affiliate’s unilevel team at level 2.
If any level 2 affiliates bring on new affiliates, they are promoted to level 3, and so forth down a theoretically limitless number of levels.
It sets a limitation of 10 unilevel team levels for residual commissions.
As a proportion of the 20% cycler buy-in charge, residual commissions are paid at the following rates for each of these ten levels:
Level | Residual commissions percentage |
level 1 (personally recruited affiliates) | 20% |
level 2 | 20% |
levels 3 to 6 | 10% |
levels 7 to 10 | 5% |
The procedure of Joining MetaVarious
The MetaVarious affiliate program is free to join.
The associated income opportunity requires a minimum of 200 TRX to participate. The cost to participate in full is 51,000 TRX.
Conclusion
It is not very substantial. It’s a Ponzi scheme using smart contracts.
The scam’s marketing ploy is good old “crowdfunding” and donations.
The distinction between a matrix cycler and a crowdfunding Ponzi ought to be obvious.
When payments are made into MetaVarious as a qualification to steal after being paid in fees, the fundraising deception falls apart. Legitimate donations do not operate in this manner.
To conceal the fact that fresh funds entering into MetaVarious are dispersed to current affiliate investors, “crowdfunding” and “donations” are used as fronts in marketing campaigns.
The eight-tier cycler and pyramid recruitment commissions are responsible for this.
It is unable to provide precise TRX “in and out” figures because the math depends on individual recruitment attempts.
Nevertheless, as affiliate recruiting ultimately slows down, MetaVarious’ matrices will start to stall.
When enough matrices become stuck, MetaVarious will finally break down.
Ponzi and pyramid schemes’ mathematical foundations make it inevitable that the majority of participants will lose money.