You are here reading this post because you want to know Is MarketPeak Legit.
This brief post will tell you all you need to know about MarketPeak.
If you are here because you want to know if this platform is a Ponzi scheme or pyramid scheme, you have come to the right place.
Is MarketPeak Legit – Quick Summary
- Company name: MarketPeak
- Registration cost: $250 – $7500
- Model of Business: MLM
- Rating: 0/10
- Recommendation: Not recommended
There is nothing special about MarketPeak; it is just a cryptocurrency Ponzi scheme or pyramid scheme.
You will be asked to invest in Peak tokens to make profits.
Peak tokens can only be traded within the MarketPeak community, and it has no real value outside this platform.
When recruiting slows down, the platform will collapse; thus, the value of already worthless Peak token will be virtually non-existent.
This business model is horrible, and a lot of people will end up losing their money.
What Is MarketPeak About?
MarketPeak is a cryptocurrency platform that deals with PEAK tokens.
Don’t get excited with the token; it is worthless outside the MarketPeak community.
The only way you can earn when you join is to register people under you, and you receive commissions when they invest.
However, there are HUGE red flags with this platform.
Sergej Heck is the company’s CEO, and he has a sketchy past.
Sergej Heck, the CEO, has a lot of history with Ponzi schemes. Some of the
Ponzi schemes he’s been involved with are
Why would you want to trust your money to the CEO of a company that’s been involved in a number of illegal Ponzi schemes?
I don’t think it is wise to deal with a platform owned by a scammer.
Is MarketPeak a Pyramid Scheme?
MarketPeak is a pyramid scheme.
Pyramid schemes are illegal in all countries.
MarketPeak has no product or service to offer; thus, it is a pyramid scheme.
The fact is you will only be offered PEAk tokens when you join, nothing more.
You will receive commissions when you recruit people to join MarketPeak.
MarketPeak depends primarily on recruitment as a revenue source.
The scheme will collapse as soon as recruitment or new members slows down.
Is MarketPeak a Ponzi Scheme?
MarketPeak is a Ponzi scheme.
You pay money to join, and you receive PEAK tokens, which has no value outside this platform.
The platform makes PEAK tokens publicly available and then shut down internal exchanges for this token, driving the cost of Peak tokens to zero.
Ponzi schemes cannot survive for long; they will eventually collapse, just like pyramid schemes.
It’s Difficult To Succeed With MLMs
MarketPeak is an illegal MLM platform that operates as a Ponzi and pyramid scheme.
This alone should scare you from joining.
The fact of the matter remains that it is very hard to succeed with MLMs, whether the platform is legit or a scam.
.According to the Federal Trade Commission, 99% of all MLM participants lose money.
The AARP Foundation noted that 47% of MLM participants lose money and 27% make no money whatsoever.
Among the 26% who actually earn a profit, 53% of them earn less than $5000 a year.
39% of MLM participants quit because pitching products and services to friends and family jeopardized their relationships.
75% of those who have joined and left an MLM state that they would never join another MLM in their life.
When you consider all of the above statistics, multi-level marketing is not a good business model.
One of the biggest negative factors connected to MLM’s is that it involves recruiting people.
In order to succeed in multi-level marketing, you will have to recruit hundreds of people in your down line.
This one fact alone will make ANY multi-level marketing business extremely difficult to succeed with.
Are you personally in a position to recruit 100 people to become part of your down line?
Recruiting people was awfully difficult BEFORE COVID-19; how hard do you think it’s going to be post COVID-19?
Furthermore, How many people do you think will want to join an illegal platform like MarketPeak?
the Cost to Join
MarketPeak has different membership plans and different costs.
The more money you pay, the more bonuses you get, and the more PEAK tokens you will receive.
Their plans include:
Affiliate (Invest $250 and receive 5000 PEAK tokens).
Marketer (Invest $1000 and receive 20,000 PEAK tokens).
All-in (Invest $2000 and receive 40,000 PEAK tokens plus 10% bonus.
Enterprise (Invest $7500 receive 150,000 PEAK tokens plus 15% bonus.
MarketPeak Pros and Cons
There is nothing to like about this platform.
- Sketchy CEO. Sergej Heck the CEO of MarketPeak has a history of involvement in a number of Ponzi schemes.
- The Peak token they are offering has no real value and thus makes MarketPeak a Ponzi scheme.
- A lot of people will lose their money when they stop the internal use of PEAK tokens and make it public; this will crash the value to zero.
- MarketPeak is also a pyramid scheme. They offer no real retail product or service.
- Everything about this platform is based on recruiting new people to invest. New people MUST be funneled in so that those at the top can continue to make money.
Is MarketPeak Legit?
There is nothing legitimate about this company; MarketPeak is a big scam.
All they care about is to obtain funds from new recruits.
The token they offer is worthless; it has no real value outside the platform.
When the company collapses, you will end up losing your money.
MarketPeak is similar to other MLM’s I’ve reviewed on this blog such as:
I strongly advise you to stay away from this platform.
As a matter of fact, what I strongly suggest is that you stop relying on the pyramid schemes of dishonest scammers and build your own online business.
The moment you come to understand that you’re going to have to participate in your own financial rescue, the sooner you can start making real progress toward financial freedom.
Click the banner below and see how you can build your own online business and position yourself to make a truly life-changing income.