Recently there was a lot of buzz going on about Zarfund. Moreover day by day the userbase of the ZarFund is growing greatly. It certainly caught my attention. I decided to join ZarFund.
ZarFund Review
What is ZarFund?
ZarFund is basically a matrix program and a Bitcoin donation platform, that allows its users to directly donate the bitcoins among its users. The platform will just monitor the transactions among the peers but do not hold the funds or charge commissions.
A note about Bitcoins
Bitcoin is a crypto-currency introduced in 2009. Initially, in 2010the value of 1BTC was $0.08. Now it's 717 USD. It is expected to further rise, due to the rise in privacy concerns and everything digitalizing. Converting your Money to bitcoins, and withdrawing it back to your bank account when the conversion rate favors you is of a great deal.
How ZarFund works?
For joining ZarFund, first you need to join it by paying 0.03 Bitcoins ($21 as of now) to the level one upline. After signing up from his link, ZarFund displays you the Bitcoin Wallet address of the person whom you want to transfer the money to. Now you need to directly transfer the money and update the ZarFund with transaction ID to verify that the transaction has been indeed done.
Level 1
By donating this 0.03 BTC to the person above you, you join ZarFund that's the only risk you have.
Once you join the network you Upgrade to the level one, now you need to join two people to the network. They should join below you by donating 0.03 BTC each to you that's in total 0.06 BTC . In this stage, you got twice the money you've initially invested. Once you earn 0.06 BTC, you can either upgrade to level 2 or just quit by taking the profit.
Level 2
If you make your mind to upgrade to the level 2, you need to pay 0.05 BTC to your level 2 upline, i.e the person above the person above you. By upgrading to level 2, you are now eligible to receive 0.05BTC from each of your four level 2 downlines when they upgrade.
Level 3
Once you receive the 0.2 BTC, you can upgrade to level 3 by donating 0.1 BTC to your Level 3 upline. By doing so, you'll be eligible to get 0.1 BTC from each of your eight level 3 downlines.
Level 4
Once you receive the 0.8 BTC, you can upgrade to level 4 by donating 0.2 BTC to your Level 4 upline. By doing so, you'll be eligible to get 0.2 BTC from each of your sixteen level 4 downlines.
Level 5
Once you receive the 3.2 BTC, you can upgrade to level 5 by donating 1 BTC to your Level 5 upline. By doing so, you'll be eligible to get 1 BTC from each of your thirty-two level 5 downlines.
Level 6
Once you receive the 32 BTC, you can upgrade to level 6 by donating 2 BTC to your Level 6 upline. By doing so, you'll be eligible to get 2 BTC from each of your sixty-four level 5 downlines.
It gives you a potential of earning 128 BTC per month from your sixty-four level 6 downlines giving you 2 BTC each month.
My experience...
However, to be honest, most of the people reach level 3 with little effort and earn 0.6btc every month ($430 every month). However, if you work hard it'll be easy for you reach level 4. For reaching level 5 and 6, team work is absolutely essential.
Are there any risks?
The risk is the 0.03 BTC ($21)donation you make when joining ZarFund initially. If you fail to join 2 more people via your referral link to ZarFund within 30 days, you'll lose that money. Even if you bring one person under you, you'll get the invested money back. So yes.
You'll lose you money if you won't bring atleast one person below you.
ZarFund company is running for non-profit and promotion of Bitcoin. The founder of this company is Hannes Jordaan. As it is free-of-charge and transaction to direct from person to person, it's virtually impossible for the company to lock in all the money and say goodbye. Moreover, you get your money back with profit when you refer atleast one person.
Added to that you can quit at any level taking the profit you made.
Some tips
- Always join members who are capable to join two other members.
- Educate the people in your downline to upgrade their levels monthly. If they fail to upgrade, the people below them if they upgrade get a level boost.
- Don't join this program if you 're not capable of joining two members under you within 30 days.
- Help your downlines to grow and prosper. But never take full responsibility and make any promises.
Pass these tips and educate then down the line.
What do you need?
For joining ZarFund, you need to have a BitCoin wallet in any of the companies like CoinBase or any other. You need to sign up for ZarFund, and enter the initial level 1 by donating 0.03 BTC to the upline's BTC wallet address that ZarFund displays and verify by entering the transaction ID.
Many of the popular wallets also offer mobile apps for both Android and iOS. You can make use of them.
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