BizNet operate in the forex and cryptocurrency MLM niche.
On the BizNet website Alexander Chebotarev (Technical Director) and Grigory Shemet (Marketing Director) are named co-founders of the company.
Other than referral by name in BizNet marketing material, no information on Chebotarev’s or Shemet’s MLM, forex or cryptocurrency trading histories exists.
The BizNet website domain (“biznet.pw”) was first registered on March 1st, 2016. The registration details were last updated on January 11th, 2017.
Grigoriy Shemet [sic] is listed as the owner, through an address in Saint Petersburg, Russia.
The BizNet website itself is hosted in Belize, an offshore tax-haven.
BizNet Group LLP was incorporated in the UK on March 20th, 2017.
Oleksandr Chebotarov and Grigory Shemet are listed as Directors. Chebotarov through an address in the Ukraine and Shemet the same domain registration address in Russia.
With BizNet having no physical business operations in the UK, it appears BizNet Group LLC is nothing more than a shell company.
Read on for a full review of the BizNet MLM opportunity.
BizNet Products
BizNet has no retailable products or services, with affiliates only able to market BizNet affiliate membership itself.
BizNet Compensation Plan
BizNet affiliates invest $25 or more on the promise of a perpetual monthly ROI.
BizNet investment plans are split between forex and cryptocurrency trading.
The automated forex plan sees BizNet affiliates invest $25 or more and receive a monthly ROI of between 20% to 30%.
BizNet’s cryptocurrency investment plans are as follows:
Standard – invest $25 or more and receive a 15% monthly ROI
Ultra – invest $3000 or more and receive a 21% monthly ROI
Ultimate – invest $10,000 or more and receive a 27% monthly ROI
Note that both the forex and cryptocurrency plans offer perpetual monthly ROIs.
Referral Commissions
BizNet pay referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
BizNet cap payable unilevel levels at ten, based on the following qualification criteria:
Participant (generate a minimum $100 in downline investment activity) – 7% on level 1 (personally recruited affiliates)
Agent (personally invest at least $100 and generate a minimum $1000 in downline investment activity – 7% on level 1 and 5% on level 2
Consultant (personally invest at least $250 and generate a minimum $5000 in downline investment activity) – 7% on level 1, 5% on level 2 and 3% on level 3
Junior Manager (personally invest at least $500 and generate a minimum $25,000 in downline investment activity
🤖 Quick Answer
What is BizNet's business model?BizNet operates within the forex and cryptocurrency multi-level marketing (MLM) sector, offering trading-related services structured around referral mechanisms and network-based distribution systems.
Who are BizNet's founders?
Alexander Chebotarev (Technical Director) and Grigory Shemet (Marketing Director) are identified as co-founders on the BizNet website, though limited publicly available information exists regarding their prior MLM, forex, or cryptocurrency trading experience.
Where is BizNet incorporated?
BizNet Group LLP was incorporated in the United Kingdom on March 20th, 2017, with Oleksandr Chebotarov and Grigory Shemet listed as directors of the registered entity.
What are BizNet's domain registration details?
The domain biznet.pw was first registered on
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