Zukul launched in 2014 and is headed up by co-founders Jeremy Rush and Michael Bloom.
BehindMLM
first reviewed Zukul
in 2016, finding its business model to be that of a subscription-based pyramid scheme.
When that flopped Zukul reinvented itself as an
adcredit “revenue sharing” Ponzi scheme
.
When that flopped Zukul reinvented itself as
Zukul Gold
, which fed Zukul affiliates into Jeremy Rush’s
Eagle Aurum Team
cycler Ponzi downline.
Zukul Gold was short-lived and also eventually collapsed.
As Zukul affiliate losses mounted, Jeremy Rush (right)
threatened to sue anyone
who publicly criticized him or the company.
Things were pretty quiet over at Zukul throughout 2017.
No doubt watching the rest of the MLM underbelly embrace cryptocurrency fraud, it seems now Rush and Bloom want their share of the pie.
Rumblings of Zukul Trader began about a month ago…
Read on for a full review of the Zukul Trader MLM opportunity.
Zukul Trader Products
Zukul Trader has no retailable products or services, with affiliates only able to market Zukul Trader affiliate membership itself.
The Zukul Trader Compensation Plan
Zukul Trader affiliates invest funds on the expectation of a passive ROI, which Zukuk Trader represents is generated through cryptocurrency trading.
Zukul Trader track affiliate investment through “units”.
Starter Units are $10, capped at 300 active units
Beginner Units are $35, capped at 1500 active units
Intermediate Units are $85, capped at 3000 units
Advanced Units are $185, capped at 6000 units
Zukul Trader pay referral commissions on invested funds down three levels of recruitment (unilevel):
level 1 (personally recruited affiliates) – 25%
level 2 – 10%
level 3 – 5%
Residual Commissions
Zukul Trader pay residual commissions via a 3×10 matrix.
A 3×10 matrix places an affiliate at the top of a matrix, with three positions directly under them:
These three positions form the first level of the matrix. The second level of the matrix is generated by splitting each of these three positions into another three positions each (9 positions).
Levels three to ten of the matrix are generated in the same manner, with each new level housing three times as many positions as the previous level.
Each Zukul Trader unit tier corresponds with a separate matrix tier.
A Zukul Trader affiliate is placed at the top of a 3×10 matrix in that tier upon investment in at least one unit at that tier (Starter to Advanced).
Once placed at the top of a 3×10 matrix, positions in the matrix are filled via company-wide recruitment of new affiliates.
These affiliates are placed into the matrix as they buy into that particular tier.
Residual commissions are generated on unit purchases by affiliates placed in the matrix, as a percentage of funds invested as follows:
level 1 – 10% (3 positions)
level 2 – 4% (9 positions)
level 3 – 3.5% (27 positions)
level 4 – 2.5% (81 positions)
levels 5 and 6 – 1.5% (972 positions)
level 7 – 1% (2187 position
🤖 Quick Answer
What is Zukul and its business history?Zukul, founded in 2014 by Jeremy Rush and Michael Bloom, operated as a subscription-based pyramid scheme before reinventing itself multiple times. It successively transformed into an adcredit revenue-sharing Ponzi scheme, then Zukul Gold, which recruited affiliates into Rush's Eagle Aurum Team cycler. Each iteration eventually collapsed due to unsustainable business models and mounting affiliate losses.
How did Zukul respond to criticism?
As affiliate losses accumulated, Jeremy Rush responded to public criticism by threatening legal action against detractors. These threats were intended to silence voices opposing the company's operations and preventing disclosure of information regarding its pyramid and Ponzi scheme structures to potential investors and regulatory authorities.
What cryptocurrency developments occurred with Zukul?
Following the collapse of Zukul Gold, the company remained
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