Era Zoe gives no data on its web site about who owns or runs the corporate.
The corporate claims to be a “Spanish-speaking platform”. Era Zoe’s web site footer states the challenge was “created by Fidubit in Colombia”.
Fidubit seems to be integrated in Colombia as Fidubit SAS.
In response to Dun & Bradstreet, Fidubit
is positioned in MEDELLIN, Antioquia, Colombia and is a part of the Pc Programs Design and Associated Companies Business. FIDUBIT S A S has 3 whole workers.
Heading up Fidubit and by proxy Era Zoe, is Jhooana Tatiana Carvajal Muneton and Adrian Herrera Villota.
The one factor I used to be capable of finding on these people is an deserted FaceBook account belonging to Villota (proper).
Villota seems to have tried his hand at freelance advertising and marketing previous to touchdown at Fidubit.
On the regulatory entrance Era Zoe has attracted the eye of a number of South American regulators.
Press Teaching experiences there have been securities fraud raids in Paraguay. The Nationwide Securities Commissions considers Era Zoe to be a “pyramid rip-off”.
Argentinian authorities have additionally issued a Era Zoe securities fraud warning.
Era Zoe’s regulatory troubles led me to an article by 24 Hours World, during which Leonardo Cositorto is cited as Era Zoe’s founder.
Previous to Era Zoe, Cositorto seems to have been advertising and marketing himself as an expert coach.
I used to be unable to determine whether or not Cositorto has an MLM historical past.
In response to South American regulators cracking down on Era Zoe, Cositoro said as a result of it’s “a non-public funding, the belief it completely authorized”.
That is after all baloney. Anybody can join as a Era Zoe affiliate, it’s the reverse of personal.
Cositoro additionally trots out the cliched “we’re not a pyramid scheme as a result of we haven’t collapsed but” protection.
As I perceive regulatory investigations into Era Zoe are ongoing.
As at all times, if an MLM firm isn’t overtly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
Era Zoe’s Merchandise
Genearation Zoe has no retailable services or products.
Associates are solely in a position market Era Zoe affiliate membership itself.
Era Zoe’s Compensation Plan
Era Zoe don’t present compensation particulars on their web site.
The next evaluation is put collectively from an official Era Zoe presentation in Spanish.
Notice that whereas ethereum values are quoted, Era Zoe has since moved on to tron and Zoe Money (mentioned within the evaluation conclusion under).
Era Zoe runs a 3 three-tier 2×3 matrix cyclers.
Associates put money into 0.1 ETH cycler positions, on the expectation of a 3.94 ETH ROI.
A 2×3 cycler locations an affiliate on the high of a matrix, with two positions instantly below them:
These two positions kind the primary degree of the matrix. The second degree is generated by splitting these first two positions into one other two positions every (4 positions).
Stage three of the matrix is generated in the identical method and homes eight positions.
Positions in every matrix are stuffed by way of direct and oblique 0.1 ETH investments. These can come from instantly or not directly recruited Era Zoe associates.
Particular funds throughout Era Zoe’s first cycler are as follows:
- Tier 1 – make investments 0.1 ETH ready and obtain 0.12 ETH when all fourteen positions are stuffed, additionally cycles into Tier 2
- Tier 2 – obtain 0.46 ETH when all fourteen positions are stuffed and cycle into Tier 3
- Tier 3 – obtain 0.36 ETH and generates a brand new Tier 3 place
I don’t have precise tier payouts for Era Zoe’s second and third cyclers, solely the full ROI paid:
- Era Zoe’s second cycler requires a 1 ETH funding and pays out 39.4 ETH throughout three tiers
- Era Zoe’s third cycler requires a ten ETH funding and pays out 394 ETH throughout three tiers
Notice that Era Zoe prices a 30% price on all withdrawal requests.
Becoming a member of Zoe Money
Era Zoe affiliate membership seems to be free.
Full participation within the connected revenue alternative requires a minimal 0.1 ETH cycler place buy.
Equal quantities in tron and Zoe Money are unknown.
Era Zoe Conclusion
Era Zoe is an easy smart-contract Ponzi scheme, aimed toward South Individuals.
Launched as an ethereum Ponzi scheme in 2020, sooner or later Era Zoe collapsed and was rebooted on the tron blockchain.
That additionally seems to have collapsed and so we have now the third reboot with Zoe Money.
We will confirm this ourselves via the blockchain; Era Zoe’s unique ethereum smart-contract at the moment has a steadiness of 0 ETH.
Era Zoe’s tron smart-contract has a steadiness of 4,649.159569 TRX, presently price about $257.
Zoe Money launched in April 2021.
Zoe Money is a BEP20 BSC token, which take about 5 minutes to arrange at little to no value.
The one distinction between Era Zoe’s ETH, TRX and Zoe Money reboots, is Leonardo Cositorto has full management over Zoe Money.
Creating Zoe Money out of skinny air means return legal responsibility is actually zero till withdrawals are processed.
Perusal of Era Zoe’s BSC smart-contract reveals monitoring stopped on December 18th, 2021.
Zoe Money is publicly tradeable. On December 18th it crashed to 12 cents, earlier than rising steadily over the subsequent few weeks.
Save for noting this reeks of manipulation, it’s not price losing time attempting to determine what blockchain bro bullshit is occurring.
Era Zoe is an easy smart-contract cycler Ponzi. For those who haven’t obtained your crypto out of the contract but it’s gone.
Replace twentieth February 2022 – Argentinian police have raided Era Zoe’s places of work.
Leonardo Cositorto stays at giant however a global arrest warrant has been issued.
Replace fifteenth March 2022 – Leonardo Cositorto has turned up at a political rally in Colombia. Authorities haven’t but arrested him.