MetaBlocks, a cryptocurrency investment scheme, has relaunched under a new name, targeting the same investors with identical promises of massive returns as the collapsed Bot-Z operation. The scheme imploded around 2023, but its operators, believed to be based in India, have simply rebranded.
Both MetaBlocks and Bot-Z utilize the same inexpensive website template, a $25 theme known as JumpX, sold by EnvyTheme. MetaBlocks’ domain was registered privately on April 10th, 2023, precisely when Bot-Z was failing. The company offers no details about its ownership, executives, or board members. Remnants of the former Bot-Z scheme are buried within MetaBlocks’ website source code, an immediate warning sign for potential investors.
The compensation structure for MetaBlocks confirms its lack of legitimate products. Affiliates do not sell any goods or services to external customers; instead, they sell MetaBlocks memberships. The entire business model hinges on cryptocurrency investments and recruiting new members.
Investment tiers promise unrealistic profits. A $15 investment allegedly yields $1,034, while $40 is promised to return $3,234. Higher investments like $80 and $160 suggest returns of $4,968 and $9,936, respectively. The highest tiers, ranging from $320 to $2,560, do not disclose their promised returns, a significant indicator of a fraudulent operation.
Funds flow upward through two commission structures: a unilevel system and a matrix commission. The unilevel plan provides a 20% commission on direct recruits. Beyond that, commissions drop to a mere 1% for recruits twenty levels deep. The matrix commission employs a 2×11 structure, meaning each level doubles in size, extending to eleven levels and accommodating 2,048 positions. These positions fill through the recruitment efforts of members and those above them in the recruitment chain.
The financial mechanics of MetaBlocks are unsustainable. For most participants, profitability is impossible. The scheme requires a constant influx of new recruits investing real money into a system that generates no revenue outside of these investments. When recruitment inevitably slows, the entire operation collapses, just as Bot-Z did. MetaBlocks offers no new strategies; it merely changes its name while retaining its fraudulent core.