Zouk Coin Review: Lending Ponzi Scheme with ZUK points

Zouk Coin claims to generate external revenue through its trading platform with AI. However, no evidence seems to back this claim. With only affiliate recruitment program, Zouk Coin is set to accomplish another Ponzi Scheme.
Zouk Coin Review: Lending Ponzi Scheme with ZUK points
1.8 (36%) 5 votes

The website of Zouk Coin does not reveal information about the founders of the website. I also tried to check the WHOIS for the domain (zoukcoin.com), but it is registered privately on 29th December 2017.

Zouk website claims that the company’s trading platform with AI is capable of generating ROI’s for investors. However, no evidence for such platform, leaves affiliate recruitment as the only variable source for paying ROI.

If you wish to join the affiliate recruitment program with Zouk Coin, you can do it for free. However, you will only be allowed the referral commission. To enjoy all the perks as guaranteed by the company, you need to invest at least $50.

However, not being transparent to the affiliates, makes Zouk Coin a suspicious option for cryptocurrency trading. So, invest with caution, as you will have no name to run behind, once the platform collapses.

Zouk Coin – Compensation Plan

Zouk Coin is offering ZUK points to the affiliates at a range of 0.25 dollars to 1.15 dollars. After buying, these points are lent back to the platform in return of huge interests in terms of ROI as promised by the Zouk Coin anonymous owners.

The monthly ROI is promised to reach upto 47% monthly.

  • Plan 1: You need to invest $50 – $1000 for receiving variable ROI daily for 190 days
  • Plan 2: You need to invest $1001 – $5000 for receiving variable ROI as well as 0.1% bonus daily for 190 days
  • Plan 3: You need to invest $5001 – $10,000 for receiving variable ROI as well as 0.15% bonus daily for 190 days
  • Plan 4: You need to invest $10,001 – $20,000 for receiving variable ROI as well as 0.2% bonus daily for 190 days
  • Plan 5: You need to invest $20,001 – $50,000 for receiving variable ROI as well as 0.25% bonus daily for 190 days
  • Plan 6: You need to invest $50,001 – $100,000 for receiving variable ROI as well as 0.3% bonus daily for 190 days
  • Plan 7: You need to invest $100,001 or more for receiving variable ROI as well as 0.35% bonus daily for 190 days

Zouk Coin – Referral Commission

Zouk Coin uses unievel structure to pay the referral commission to its affiliates. In an unilevel structure, an affiliate is placed on the top of the order and directly recruited affiliates are placed directly under him on level 1.

If any of the level 1 affiliate recruits new affiliates, these are placed directly under him on level 2 and so on to an infinite number of rows.

Zouk Coin has put the cap at level 3 for paying the referral commission to its affiliates.

  • Level 1: 7%
  • Level 2: 3%
  • Level 3: 1%

Zouk Coin Review

Victor Koch: Where??? do you deposit BTC to buy tokens day of the launch. I am sure we want to deposit BTC before to avoid the blockchain time.

Simon Kim: your website keeps logging me out every time

https://www.facebook.com/ZoukCoin/

Conclusion from the above comments

I was not able to find much review about the company its been few days that Zouk Coin came into operation. However, the comments on Facebook makes it clear that the platform is not working properly and it has bugs.

This makes it clear that the owners are not serious about the operation of the scheme, rather are more interested in the funds invested by the affiliates.

The Verdict

Zouk Coin claims to have an external revenue source through trading platform. However, failing to provide any evidence for the claim, leaves Zouk Coin with only one option to pay its affiliates, the autoship program.

The company uses the funds invested by new affiliates to pay the existing one, making it a Ponzi Scheme.

Usually, in these kinds of lending ponzi scheme, the anonymous admins, provide worthless points for real money. Then the paying of ROI begins, but is very short lived. It continues until the new recruitment happens. After the recruitment freezes, the ROI stops and the anonymous owners run away with what is left.

Ones who join early are able to get back their money, however, majority of the affiliates are left without the initial invested funds. Being anonymous, it becomes easy for these scammers to hide and change their identity to start a new scheme with similar business model.

I would suggest to stay away from these cheater or you would lose your money.

 

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1 comment on Zouk Coin Review: Lending Ponzi Scheme with ZUK points

  1. Helmut Beer

    Its not even a ponzi scheme. They don’t payout anything.
    I have invested a minor amount, just too see how it works. They payout your “interest” in “dollars”, but you can only withdraw bitcoins from the platform. So the only theoretical way to get money out (it wont work then, i am sure) would be to “lend” them the dollars you just earned for another 190days, to get back zouk coins after the lending period, and to try to sell the zouk coins for bitcoins – because the only thing you can do with dollars is to purchase zoukcoins for lending.

    incredible…