Okaizo supplies no info on its web site about who owns or runs the enterprise.
The one contact particulars offered is an tackle in Amsterdam within the Netherlands.
Additional analysis reveals this tackle truly belongs to Regus, a digital workplace supplier.
On LinkedIn Bing Voorham (full identify: Bernardus Johannes Gijsbertus Voorham), cites himself as Okaizo’s CEO and Founder.
Previous to Okaizo, Voorham was a promoter of the infamous OneCoin Ponzi scheme.
In Could 2017 Voorham was cited by BusinessForHome as “certainly one of OneLife’s most distinguished leaders in the intervening time with $300,000 per 30 days earnings”.
By way of the UK shell firm Okaizo Restricted, Okaizo additionally has ties to Parwiz Daud, Nawid Habib and Abdulmansour Tawafi.
Like Voorham, Daud and Tawafi are additionally a former OneCoin scammers.
After OneCoin, circa mid 2018, Daud, Habib and Tawafi launched their very own OneCoin Ponzi clone, AuLives.
On the time of publication Alexa rank AuLives’ web site at over 10 million, which for a Ponzi scheme is nearly as good as useless.
As per the screenshot above, Voorham’s LinkedIn profile locations him in Andorra. Daud and Tawafi are from the UK.
In accordance with LinkedIn, Nawid Habib’s failed ICO HeadStart firm is/was primarily based out of The Hague.
This implies Habib (proper) is Okaizo’s solely hyperlink to the Netherlands.
Learn on for a full evaluation of Okaizo’s MLM alternative.
Okaizo’s Merchandise
Okaizo has no retailable services or products, with associates solely capable of market Okaizo affiliate membership itself.
Bundled with Okaizo affiliate membership is CBD oil.
Specifics are usually not offered on Okaizo’s web site, nonetheless the corporate does state
Our merchandise are plant primarily based. We solely use the very best high quality of hemp produced by respected farmers and examined by labs in Europe.
It’s famous {that a} product vary is featured on Okaizo’s Fb web page:
It seems Okaizo associates do have buy choices past CBD oil, nonetheless on the time of publication none of those extra merchandise seem or are talked about on Okaizo’s web site.
Okaizo’s Compensation Plan
Okaizo associates join and pay a membership payment. Commissions are paid after they recruit others who do the identical.
Okaizo associates join with certainly one of three packages:
- Bronze – €247.11 EUR
- Silver – €619 EUR
- Gold – €1156.20 EUR
To qualify for MLM commissions, Okaizo associates should
- preserve a 50 PV month-to-month order; and
- recruit and preserve 4 associates who every have a standing 50 PV month-to-month order.
Okaizo outline a month-to-month interval as each twenty-eight days.
PV stands for “Private Quantity” and is gross sales quantity generated by fee of Okaizo affiliate membership charges.
Presumably a month-to-month 50 PV order is a minimal buy of Okaizo’s CBD oil product (this isn’t disclosed on Okaizo’s web site or of their compensation plan).
Direct Recruitment Commissions
Commissions paid out on the recruitment of Okaizo associates is decided by how a lot recruited associates spend on membership:
- recruit a Bronze tier affiliate and obtain €20 EUR
- recruit a Silver tier affiliate and obtain €60 EUR
- recruit a Gold tier affiliate and obtain €100 EUR
Residual Recruitment Commissions
Okaizo pays residual recruitment commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary workforce, cut up into two sides (left and proper):
The primary degree of the binary workforce homes two positions. The second degree of the binary workforce is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary workforce are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary workforce are crammed by way of direct and oblique recruitment of associates. Word there isn’t any restrict to how deep a binary workforce can develop.
As Okaizo associates are straight and not directly recruited right into a binary workforce, their affiliate membership packages generate gross sales quantity:
- the Bronze package deal generates 200 factors of gross sales quantity
- the Silver package deal generates 600 factors of gross sales quantity
- the Gold package deal generates 1100 factors of gross sales quantity
- affiliate month-to-month autoship generates 50 factors of gross sales quantity when paid
On the finish of every week Okaizo tallies up new gross sales quantity generated on either side of the binary workforce.
Associates are paid 15% of gross sales quantity generated on their weaker binary workforce facet.
Word that weekly residual recruitment commissions are capped primarily based on how a lot an Okaizo affiliate paid in charges:
- Bronze tier associates can earn as much as €500 EUR every week
- Silver tier associates can earn as much as €1000 EUR every week
- Gold tier associates obtain three €1000 EUR capped binary positions, that means they will earn as much as €3000 EUR every week
Matching Bonus
Okaizo pays a Matching Bonus on residual recruitment commissions earned by downline associates.
Okaizo pays the Matching Bonus by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel workforce, with each personally recruited affiliate positioned straight beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel workforce.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Okaizo’s compensation plan particulars the Matching Bonus paid out on two ranges:
- degree 1 (personally recruited associates – 15% match
- degree 2 – 10% match
The minimal quantity matched in downline residual recruitment fee earnings is €50 EUR.
Apparently associates can qualify to earn the Matching Bonus on extra unilevel workforce ranges, nonetheless qualification standards shouldn’t be offered.
Word that to qualify for the Matching Bonus, an Okaizo affiliate should
- be MLM fee certified; and
- earn €50 EUR or extra in residual recruitment commissions for the week being matched
4 Buyer Bonus
Okaizo rewards associates who preserve 4 personally recruited associates on autoship with a €20 EUR bonus.
Seeing as autoship is month-to-month, it’s assumed the 4 Buyer Bonus can also be paid month-to-month.
Lively Bonus
Okaizo pays an Lively Bonus if an affiliate earns €200 EUR or extra in weekly residual recruitment commissions.
- Bronze tier associates obtain a 7.5% Lively Bonus
- Silver and Gold tier associates obtain a 15% Lively Bonus
The Lively Bonus is paid on earned residual recruitment fee for the week, capped at €500 EUR.
The catch is the Lively Bonus is saved by Okaizo, till the entire Lively Bonus quantity earned is €10,000 EUR.
If an Okaizo affiliate goes inactive at any time (learn: stops paying charges), their Lively Bonus is reset to zero.
Becoming a member of Okaizo
Okaizo affiliate membership is on the market at three price-points:
- Bronze – €247.11 EUR
- Silver – €619 EUR
- Gold – €1156.20 EUR
The first distinction between the price-points is earnings potential by way of Okaizo’s compensation plan.
Conclusion
Okaizo represents that it sells CBD oil, or extra precisely, bundles them with affiliate membership and autoship payment funds.
In actuality, earnings positions are what is definitely being offered:
As per Okaizo’s compensation plan, retail isn’t a part of the enterprise. All commissions and bonuses paid out are tied to the recruitment of associates and necessary autoship orders.
Digging deeper into the compensation plan, we see that along with recruitment commissions, Okaizo principally dangle a carrot price as much as €10,000 as a way to hold affiliate’s updated with autoship.
Capped at €500 EUR every week although, the shortest time an Okaizo affiliate can qualify for his or her €10,000 carrot is 20 weeks, or simply shy of 5 months.
Keep in mind, that’s the shortest time beneath superb circumstances. In actuality the vast majority of Okaizo’s affiliate’s aren’t going to get anyplace close to €10,000 EUR.
By then in fact they’ll have spent who is aware of how a lot on month-to-month autoship, and therein lies the rip-off.
One different factor to pay attention to is it appears Okaizo are transport from the Netherlands.
In accordance with Dutch Customs, medication and medicines could also be taken on vacation with out fear so long as they aren’t lined by the Opium Act.
CBD is luckily not lined by the Dutch Opium Act and subsequently you would not have to fret throughout the Dutch borders.
Sadly, this doesn’t at all times imply that the principles are the identical overseas. That’s the reason it’s good to ship a message to the customs of the nation the place you’re going.
The best manner is to do that by way of the web site of the airport the place you’re going.
What this implies for world recruitment varies from nation to nation. Or who is aware of, perhaps Okaizo will provide you with some random product to bundle with affiliate charges in international locations the place CBD oil isn’t capable of be shipped.
Okaizo are cagey about who can join, requiring events to electronic mail them first.
In any occasion with 100% of commissions paid out tied to recruitment, Okaizo is a pyramid scheme.
As soon as recruitment dies down the scheme collapses, leaving the vast majority of contributors with a loss.