Advertisement:

What You Need To Know About Zar Fund [zarfund.com]

Discussion in 'Bitcoin Talk/Discussions' started by haconjy, Dec 4, 2016.

Users Viewing Thread (Users: 0, Guests: 0)

    haconjy Upcoming Guru

    Member Since:
    Sep 6, 2013
    Message Count:
    124
    Likes Received:
    11
    Current Phone:
    Infinix hot 2
    Sponsored Links:
    What You Need To Know About ZarFund [zarfund.com]

    Zar fund (zarfund.com) is unarguably the 3rd most popular online money making Ponzi scheme in Nigeria today, with only MMM Nigeria and Ultimate Cycler standing at first and second position respectively, Zarfund looks to have a good market share in Nigeria’s Ponzi scheme community. Currently zar fund website (zarfund.com) is the 57th most visited website in Nigeria.
    The huge traffic the portal receives clearly established zar fund as a popular online making scheme in Nigeria.

    Who is the founder of Zar fund?
    Zar fund is founded by Hannes Jordaan, an online entrepreneur living in South Africa. He is passionate to help others become successful online. According to Hannes, Zarfund is a dream come true.
    Zar fund was came into the scene 3rd week of September 2016 and within a week it got over 50,000 members.

    How does Zar Fund work?
    Here’s how it works. After joining your level 1 upline’s referral link, you pay your upline 0.03btc per month to be in a position to receive the same from each of your level 1 downlines. This is followed by receiving the same amount from each of the two people you recruited. This initiates a chain such that with enough collection of funds from your level 1 downline you get to upgrade to level 2 in the same manner you joined. This process keeps expanding and helps you gain enough money in a convenient way.
    By joining our network everyone gets to share and enhance each other’s lives in a convenient and effective way.

    So now with Zarfund, the most reliable and accessible platform, you have a better future with high hopes and more freedom! Join now to make a difference for yourself and others.

    ZARFUND was born out of the frustrations experienced with two other similar systems. We looked critically at the current models and wanted to fix the issues that plagued those systems to create a system that would benefit our members. The shortcomings of the other two systems and the frustrations it caused to members as well as the admins of those programs necessitated a revolutionary rethink of the system that removes all those issues that keep people from benefiting from the system as they should.

    Is it a pyramid scheme?
    A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal. The nature of pyramid scheme is such that only members at the top of the pyramid benefits.
    But in Zar fund, every member benefits in the food chain and as a result does not qualify as a pyramid scheme.

    Is it a Ponzi scheme?
    Ponzi scheme is a form of fraud in which belief in the success of a non-existent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors. Most online Ponzi schemes are always victims of being labelled as a ponzi scheme, but the word “fraudulent” is a strong one to qualify Zar fund. But ideally it is a Ponzi scheme because money paid to members is funded from other members and not from sales or profit made from the capital.

    Who can join Zar fund:
    Anyone around the world can join Zar fund, members only have to open a blockchain wallet and must be ready to donate as well as accept donations from other members. The reason for recommending only a blockchain wallet is the ease of use without any third party processor like paypal etc.

    Can members be defrauded:
    Just like other similar schemes like MMM, money does not pass through a central account or through any administrator, it is a member to member donation system which makes it difficult to abscond with members money. But discretion should be on high alert as the portal itself may be hacked or go offline which may lead to loss of fund.

    My Final Thoughts:
    While i am not marketing any referral link or even a member of zar fund, this review is strictly for information purposes only. Whoever is willing to take the risk of “investing” on any Ponzi scheme does that at his or her own discretion. But i still believe these online Ponzi schemes is better than sports betting as it affords all members to benefit from each other through donations.

Sponsored Links:

Sponsored Links:

Share This Page