Metherworld operates in the cryptocurrency MLM niche. The company claims that this company was founded in 2020 in Estonia. However, to that end a corporate address in a tiny 1000 population in Estonia. Therefore, it is likely this company exists in Estonia only. However, this is a similar web tracking 100% of traffic to this website as coming from India. Moreover, there is no information about ownership and the executive director is available. Therefore, we have to go to Mcoin, representing the company.
Moreover, Mcoin has its website, on which the following executive team is provided:-
- Danis Shehu – CEO
- Andrzej Adam – CMO
- Daniel Weiss – Mo
- Robert Ciurkot – blockchain bro
- Paul Smith – second blockchain bro
Is Metherworld a MLM Company:-
According to the report, Dubai is the MLM crime capital of the world. Here, MLM stands for Multi – Multi-level marketing. However, any company operating out of Dubai automatically raises red flags. Therefore, if this company is MLM, then I can guarantee it’s a scam.
Moreover, this company goes by Mether Network. However, this company was launched with MNC coin.
Thus, this company pitches a 2.5% weekly ROI, which is paid out in MNC coins.
Metherworld products:-
However, this company doesn’t have any products or services.
Moreover, these affiliates are only for membership.
Metherworld’s Compensation Plan:-
Here, this company affiliates invest funds on the promise of advertising return;
- Bronze package – invest $30 and receive nothing.
- Silver Starter package – invest $90 and receive $3 a week for up to 90 weeks.
- Silver Standard package – invest $270 and receive $6 a week for up to 100 weeks.
- Silver Platinum package – invest $450 and receive $10 a week up to 100 weeks
- Gold Exclusive package – invest $900 and receive $25 a week for up to 100 weeks.
- Gold Pearl package – invest $1800 and receive ROI not disclosed.
- Gold Premium package – invest $2700 and receive $60 a week for up to 100 weeks.
- Gold Unlimited package – invest $5400 and receive $110 a week for up to 100 weeks.
- Platinum Professional package – invest $10,800 and receive $225 a week for up to 100 weeks.
- Platinum Master package – invest $27,000 and receive $600 a week for up to 100 weeks.
- Platinum Pro Master package – invest 54,000 and receive $1200 a week for up to 100 weeks.
- Platinum Infinity package – invest $100,000 and receive $2500 a week for up to 100 weeks.
However, the upto states that the package will expire after 500% is reached. It includes the above returns as well as MLM commissions.
Therefore, in order to continue earning beyond that, investment is required. Moreover, it includes payment of a €10 EUR fee.
Metherworld’s annual returns:-
Moreover, the company affiliates also receive annual returns, paid in Mcoin;
- Bronze package affiliates receive 150% annually for 365 days.
- Silver Starter to Gold Exclusive package affiliates receive 140% annually for 730 days.
- Gold Premium to Gold Unlimited package affiliates receive 200% for 730 days.
- Platinum Professional to Platinum Master package affiliates receive 200%.for 730 days.
- Platinum Master Pro package affiliates receive 250% annually for 730 days.
- Platinum Infinity package affiliates receive 300% annually for 730 days.
However, there is nothing indicating that Mcoins ROIs count towards the 500% ROI package cap.
Moreover, the MLM side of this company Pays for the recruitment of affiliate investors.
Also, note that Bronze package affiliates do not qualify for MLM commissions.
Metherworld Affiliate Rank:-
Here, there are ten affiliate ranks within the company’s compensation plan.
Further, with their respective qualification criteria, they are as follows;
- Executive –
- Sign up as a company’s affiliate.
- Generate $1500 on downline investment volume.
- Senior Executive –
- Recruit two executives.
- Generate $5000 in total downline investment volume.
- Manager –
- Recruit two senior executives and one Executive.
- Generate $15,000 in total downline investment volume.
- Senior Manager –
- Recruit two Managers and one senior Executive.
- Generate $40,000 in total downline investment volume.
- Diamond –
- Recruit two Senior Managers and one Manager.
- Generate $75,000 in total downline investment volume.
- Blue Diamond –
- Recruit two Diamonds and one Senior Manager.
- Generate $200,000 in total downline investment volume.
- Director –
- Recruit two Blue Diamonds and one Diamond.
- Generate $500,000 in total downline investment volume.
- President –
- Recruit two Directors.
- Generate $100,000 in total downline investment volume.
- Ambassador –
- Recruit two Presidents.
- Generate $500,000 in total downline investment volume.
- Crown Ambassador –
- Recruit two Ambassadors.
- Generate $10,000,000 in total downline investment volume.
Residual Commission of Metherworld :-
For instance, this company pays residual commission on funds invested by recruit affiliates.
Further, they paid it via a binary team compensation structure. However, affiliates are paid a percentage of the funds. That is to invest by weaker binary team sides.
However, residual commissions are determined by ranks;
- Executives receive a 5% residual commission rate.
- Senior Executive receive a 7% residual commission rate.
- Managers receive a 9% residual commission rate.
- Senior Managers receive an 11% residual commission rate.
- Diamond receives a 13% residual commission rate.
- Blue Diamond receives a 15% residual commission rate.
- Directors receive an 18% residual commission rate.
- Presidents receive a 21% residual commission rate.
- Ambassadors receive a 23% residual commission rate.
- Crown Ambassadors receive a 25% residual commission rate.
Joining Metherworld :-
The company affiliate membership ties to an initial $30 to $100,000 investment.
However, after reaching 500% ROI or 90 to 100 weeks expires. Then, reinvestment is required to continue earning.
Moreover, the company solicits investment in fiat, bitcoin, Mcoin, and tether.
Conclusion:-
Metherworld is a simple MLM crypto Ponzi scheme. Hence, you sign up, you invest, and people steal your money. Further, you steal others’ invested money after you. As a result, this business is a nutshell. Moreover, this company operates as a pyramid scheme. Also, it raises red flags continuously. However, if you have an interest in investing in this company. Then, do it at your own risk. Because it is guaranteed, that you can get fraud or cheat. However, there is no information about directors or executives on the Internet. Further, it does operate without any products or services.
Disclaimer:-
From the above information, the conclusion is that this company is a fraud. Further, if you invest any money, then it is a good chance of cheating. Moreover, your investments are also not 100% secure. So, it’s highly recommended not to be involved in this kind of business. We hope that all the information helps you to become more knowledgeable. Moreover, we are strictly against any malicious activities.
FAQS:-
Q- Is Metherworld safe for investing money?
- As per the information provided above, this company is 100% fraud. Furthermore, it is not safe to invest money.
Q- Who is the CEO of Metherworld?
- There is no correct answer available. But as per the information, Danis Shehu is the CEO of Metherworld.
Q- What is Mcoins?
- Mcoins is a leading cryptocurrency which is used for digital marketing.
