What Is Etherz About?

Cryptocurrencies are all the rage right now, but they are highly susceptible to Ponzi schemes and that’s because most people don’t understand enough about them. Those that have a good grasp of the Cryptocurrencies still have to contend with the technical jargon that accompanies them.

Programs like Etherz exploit this lack of understanding to set up elaborate Ponzi schemes that benefit nobody but the people running them.

Today, we’ll be reviewing this smart contract MLM opportunity to see what it’s all about and whether you can build an income stream through it.

The fact that you’ve taken a moment to scrutinize this product before signing up should be applauded. You’ve done yourself a huge favour. Your due diligence will save you from potentially wasting your time and money.

A good bit of research always goes a long way in the fight against online scams. Creating a sustainable full-time online business is not difficult. You just need to know where to look.

Before we proceed I’d like to let you know that I’m not linked to Etherz in any sort of way and I’m not trying to sell you this product.

Instead, I’d like to show you the underhanded methods used by this program to try hoodwink you…


Etherz Product Review

  • Name of Product:  Etherz
  • Owner:  Not Known
  • Type of Product:  Cryptocurrency MLM
  • Cost of Product:  Invest at least 0.03 ETH / Equivalent to $17.77 USD at the time of this writing
  • Who Is This Product Best For?  NOBODY!

Etherz Product Summary

Etherz is a multi-level marketing business that focuses its efforts on cryptocurrency investments via smart contracts. Unfortunately, it’s nothing more than a Ponzi scheme. The program’s incentives are geared towards recruiting more members, and the activities that we’ve discovered are unlawful.

Rating: 1/100

Recommended:  No!

Recommended: Discover How You Can Build a Full-Time 4-Figure Monthly Income With The Help Of Leading Experts. Everything Needed Can Be Found Here

Etherz Explained

Etherz is an MLM business that offers a cryptocurrency opportunity through ETH (Ethereum), which is a genuine cryptocurrency. The program run on smart contracts.

Their website doesn’t provide any details about the founder/s of the company or the senior managers. All multi-level marketing companies are required to be upfront about their owners and their leadership team, even if their business specializes in the Blockchain.

Furthermore, we couldn’t find any details about the company’s disclaimers or terms and conditions.

According to Alexa, the majority of the website’s traffic is coming from India, therefore, my guess is that the founders are from India as well.

A search on WhoIs revealed that the site was launched in July 2020, and is only a few months old.

I was concerned by the fact that I couldn’t find much information about the company’s background or owners.

Etherz Product Range

Every single multi-level marketing business needs to offer its members with a retail product or service, as per the regulator’s stipulations. These companies are not allowed to run if they don’t offer a product, and if the only option to make money with them is to recruit more members.


It comes as no surprise that Etherz provides zero provides or services. Once you’ve signed up to the program, you’re required to invest and recruit more members. That’s it!

Does Etherz Work?

Etherz claims to be a program that works off a smart-contract, however, it’s just another Ponzi scheme that’s no different to the other cryptocurrency scams we’ve reviewed. Don’t get me wrong, smart contracts are genuine, but how they work is nothing like how Etherz executes them.

Members are merely joining the program and investing at least 0.03 ETH. The investment is then passed onto the member that recruited them (this is how it works in most cases, but sometimes the recruiter won’t get the money).

In some scenarios, the investment is passed onto members that are higher up the food chain, instead of the recruiter. This compensation structure is a cross between a gifting scheme and a Ponzi scheme.

We’d call this a gifting scheme because the cash that you invest is immediately passed onto the member/s higher up than you (upline). If you want to recoup your money, you’ll need to recruit more members beneath you (downline).

The program’s compensation system tactically positions members beneath you so that the investments are circulated across the program. We’ll discuss this in more detail in the next few sections.


It’s not clear whether Etherz really does operate a smart contract for their business model, but if they do, it’s likely to work in the company’s favour instead of the members.


Can You Profit With Etherz?

The only way to earn through Etherz is to recruit more members.

You will need to create and grow your own team and potentially profit from the money that they invest.

Getting Started with Etherz

To become an Etherz member you will need to invest at least 0.03 ETH which is equivalent to $16.48 USD as of this writing.

This money is paid directly to your recruiters i.e. members above you or members at the top of the chain.


To make the maximum returns from the income opportunity, you will need to invest 2048.23 ETH. As of this writing, that’s equivalent to $1,125,072.

That’s over a million dollars!

Etherz Compensation Plan

The program promises a ROI for your Ethereum investment. The returns are compensated using a 2×16 matrix structure.

Level 1, beneath you, will hold 2 positions. Level 2 is divided into 4 different positions from the initial 2 positions. The matrix then continues to grow using this structure.

Investments are paid into these positions or levels by members, with each level providing the following returns:

Level 1: An investment of 0.03 ETH will pay out 0.03 ETH from 2 members= 0.06 ETH

Level 2: An investment of 0.05 ETH will pay out 0.05 ETH from 4 members= 0.2 ETH

Level 3: An investment of 0.08 ETH will pay out 0.08 ETH from 8 members= 0.64 ETH

Level 4: An investment of 0.23 ETH will pay out 0.23 ETH from 16 members= 3.68 ETH

Level 5: An investment of 0.84 ETH will pay out 0.84 ETH from 32 members= 26.88 ETH

Level 6: An investment of 1 ETH will pay out 1 ETH from 64 members= 64 ETH

Level 7: An investment of 2 ETH will pay out 2 ETH from 128 members= 256 ETH

Level 8: An investment of 4 ETH will pay out 4 ETH from 256 members= 1024 ETH


Level 9: An investment of 8 ETH will pay out 8 ETH from 512 members= 4096 ETH

Level 10: An investment of 16 ETH will pay out 16 ETH from 1024 members= 16,384 ETH

Level 11: An investment of 32 ETH will pay out 32 ETH from 2048 members= 65,536 ETH

Level 12: An investment of 64 ETH will pay out 64 ETH from 4096 members= 262,144 ETH

Level 13: An investment of 128 ETH will pay out 128 ETH from 8192 members= 1,048,576 ETH

Level 14: An investment of 256 ETH will pay out 256 ETH from 16,384 members= 4,194,304 ETH

Level 15: An investment of 512 ETH will pay out 512 ETH from 32,768 members= 16,777,216 ETH

Level 16: An investment of 1024 ETH will pay out 1024 ETH from 65,535 members= 67,108,854 ETH

Recommended: Everything Needed To Create Your Full-Time Online Business From Scratch Can Be Found Right Here

Etherz Exposed!

1). Blatant Ponzi Scheme

After reviewing Etherz’s compensation plan it’s safe to say that it’s blatantly a Ponzi Scheme focused on recruitment. There’s no doubt that this program will be detected by the regulator’s if it hasn’t been already.

We are not given any evidence that the company is generating revenue from other sources beyond recruiting more members. Therefore, this is not a sustainable business model.

The company will most certainly collapse once the recruitment comes to a standstill.

2). Smart Contracts Don’t Work This Way

Smart contracts don’t work in the way that’s described by Etherz.

A smart contract is essentially an agreement between 2 parties via a computer code. The contract operates on the blockchain which means that it’s kept on a public database. It can’t be altered once it’s been inputted onto the network.

The transaction is automatically executed through the blockchain, but only after both parties have met the stipulations of the contract. As such, a 3rd-party such as a bank or a lawyer is not required.


Unfortunately, this is not how Etherz’s smart contract works. Their smart contract does nothing more than withdraw their tokens as soon as the conditions are met. Members, that have invested, won’t receive any of the earnings from these tokens.

Recommended: Tired Of Working In A Dead-End Job? Let’s Get Your Passion Project Off The Ground

Advantages of Etherz

Etherz is nothing more than a Ponzi scheme and as such, it’s a complete waste of time and money.

Is Etherz a Scam or a Legit Business?

Etherz is 100% a scam. It’s a Ponzi scheme because members are pumping money into the program on the premise that they’ll earn lucrative profits in return. Which is obviously not the case.

The truth is the money that you invest is immediately passed onto members higher up and circulated among them.

  • The opportunity is designed in such a way that you will only earn money once you’ve recruited more members under you, and they’ll need to invest in the program as well. You’ll make zero profits if you don’t bring people onto the program.
  • Platforms like Etherz give cryptocurrency and smart contracts a bad name because they are using them unethically to run Ponzi schemes and exploit people with little knowledge about them.

Etherz is a program that should be avoided!

How Do I Use The Internet to Make a Full-Time Salary?

I’m not a big fan of get-rich-quick schemes or Cryptocurrency MLM programs, let’s just say that I’ve been caught short a few times.

Instead, an Amazon FBA Business is my leading recommendation for people that want to build a thriving full-time online business working from home.

Here are my reasons why…

  • There’s no pressure to recruit family and friends, or anyone else for that matter.
  • Learn a unique method to source incredible, high profit, low-competition products that are virtually hidden from your competitors. 
  • You don’t need to sell hundreds of different products to create lucrative profits with this fresh, exciting business model.

An Amazon FBA business can help you to…

Generate a 5-7 Figure Salary and become financially free from the limitations of a traditional day job. You can do this in less than 12 months!

If you want to find out how I did it, Click Here!


Similar Programs To Be Aware Of:

baohb logo transparent

Create an Awesome Full-Time Online Business

My Step-By-Step Training Guide will get you started creating a website that makes enough money to quit your Day Job.

You have Successfully Subscribed!

Pin It on Pinterest

Share This