22nd of July 2014, however the domain bitcoin mining server rack is set to private. Binary Referral Commissions Referral commissions on investments made by recruited affiliates are paid out through a binary compensation structure.
In turn, these two positions branch out into another two positions and so on and so forth down a theoretical infinite number of levels. To qualify for binary commissions, an affiliate must personally recruit two affiliates. As with the referral commission paid out on the 3rd to 5th recruited affiliates, these referral commissions extend down a theoretical infinite depth. The 9th affiliate recruited pays out a 27.
3rd to 5th recruited affiliates and 2. Once again, these referral commission extend down and are passed up by any recruited affiliates in the 9th recruited affiliate’s downline. Pass-up Bonus When a recruited affiliate recruits nine affiliates, the affiliate who recruited them is paid an additional 2. Once again, this bonus is paid out on investments made by any affiliates in this particular downline who also reach the nine affiliates recruited qualification criteria. ROI, which is paid out of new investor funds. Affiliate funds are funds regardless of the currency used.
And of course nothing is being marketed or sold to retail customers. Whether or not the scheme has registered itself with the SEC is unclear. Given the offshore domain registration with a Panama-based provider, I’d say it’s unlikely. Silver is listed as one of the top net-winner investors of the scheme, with both his and his wife’s name appearing on a list of Zeek Rewards net-winners based out of the US. Upon learning the Receivership would be going after Zeek Rewards top affiliates, Silver fled to the Dominican Republic.
Jimenez doesn’t appear to be a US citizen, so as of yet hasn’t appeared on any lists compiled by the Zeek Rewards Receivership. He did pretty well for himself in the scheme though and, if he hasn’t already settled with the Receivership, will likely be a target in future litigation once the Receivership initiates proceedings against Zeek’s non-US affiliates. Even with the prospect of having to pay back the funds these Ponzi pimps have built their respective fortunes on, it seems the nature of the beast remains the same. Unfortunately, other than acting as a front for new affiliate funds to be transferred over to T. This sounds like a legit deal to me because the bitcoin mining can keep it going. If profits are made from the mining then it is a real rev share.