There is absolutely no information on the Evart Network website indicating who owns or runs the business.
The Evart Network website domain (“evartnetwork.com”) was registered on the 8th of August 2016. “Evart Inc.” is listed as the owner, with an address in Glasgow, UK.
Additional research exposes that this address really belongs to Blue Square Offices. On the website, Blue Square Offices sells UK-based business addresses for £14.99 a month.
Evart Network Review
This proposes that Evart Network has no physical presence in the UK and exists in name only.
Other corporate addresses provided on the Evart Network are in Latvija, Bulgaria and Estonia.
Alexa currently estimates that Poland (29.3%), Russia (27.1%) and Azerbaijan (14.9%) are the principal sources of traffic to the Evart Network website.
In all likelihood, Evart Network is being operated from one of these 3 countries.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Lets move on the the Evart product line.
Evart Network Product Line
Unfortunately this program has no retailable products or services whatsoever, with affiliates only able to market Evart Network affiliate membership itself.
Evart Network Compensation Plan
Evart Network affiliates invest between €90 and €21,000 EUR on the guarantee of a ROI.
In accordance with the Evart Network website, ROI payments do not begin until after 60 days.
Evart Network alleges that every investment pays a ROI up to 11 times, though how much of a ROI or how often its paid is not divulged.
“To qualify for ROI commission withdrawals, an Evart Network affiliate must recruit at least three affiliates who together have invested at least €90 EUR.”
Referral commissions on monies invested by Evart Network affiliates are paid out through a uni-level compensation construction.
A uni-level compensation construction puts an affiliate at the top of a uni-level team, with each personally recruited affiliate put directly underneath them (level 1).
If a level 1 affiliate recruits new affiliates, they are put on level 2 of the original affiliate’s uni-level team.
If a level 2 affiliate recruits new affiliates, they are put on level 3 and so on and so forth down a hypothetical countless number of levels.
Evart Network Caps
Caps payable uni-level levels at 9, with commissions paid out as a percentage of invested funds:
- level 1 (personally recruited affiliates) – 7%
- level 2 – 4%
- level 3 – 2%
- levels 4 to 7 – 1%
- levels 8 and 9 – 2%
Evart Network also rewards affiliates directly based on how much their downline has invested:
- recruit at least 8 affiliates and generate a total downline investment of at least €35,000 EUR and receive a €1000 bonus
- recruit at least 8 affiliates and generate a total downline investment of at least €50,000 EUR and receive a €1500 bonus
- recruit at least 8 affiliates and generate a total downline investment of at least €80,000 EUR and receive a €2500 bonus
- recruit at least 8 affiliates and generate a total downline investment of at least €150,000 EUR and receive a €4500 bonus
- recruit at least 8 affiliates and generate a total downline investment of at least €350,000 EUR and receive a €9000 bonus
- recruit at least 8 affiliates and generate a total downline investment of at least €800,000 EUR and receive a €19,000 bonus
- recruit at least 8 affiliates and generate a total downline investment of at least €1,200,000 EUR and receive a €28,000 bonus
- recruit at least 8 affiliates and generate a total downline investment of at least €1,800,000 EUR and receive a €50,000 bonus
- recruit at least 8 affiliates and generate a total downline investment of at least €3,500,000 EUR and receive a €100,000 bonus
- recruit at least 8 affiliates and generate a total downline investment of at least €8,000,000 EUR and receive a €250,000 bonus
Evart Network affiliate membership is completed with an investment of €90 to €21,000 EUR.
Evart Network – Bottom Line?
Evart Network’s business model makes little to no sense.
The company claims that affiliates are investing in “screens”, which are in fact stream boxes.
“Evart Network” sells airtime in the TV screens network. This financial income forms your profits.
Every case enriches you through the year and stipulates 11 bonus accruals.
These stream boxes are hocked off to who knows who, with Evart Network claiming advertisements shown to persons using the stream boxes produced ROI revenue.
That’s all fine and well, but if Evart Network is able to sell stream boxes to customers and create revenue by showing them advertising, then why do they need to solicit affiliate investment of up to €21,000 EUR?
This program is making it sound like affiliates are renting customers the company sells stream boxes to, and in return the company divides advertising income created by the customer’s viewing habits.
As far as the affiliate side of the business goes, customer achievement is completely inactive. Affiliates actually have no idea whatsoever who is using the boxes they have supposedly rented.
Evart Network – My Conclusion
Unsurprisingly, this company provides no information on their website about who is running the business, who their customers are and how they are attained, the stream boxes or who they have partnered with to display advertising through the boxes.
This program is otherwise set up as an entity designed to filter money across numerous jurisdictions, which is more in line with financial fraud than a legitimate stream box business.
The only certifiable source of income entering Evart Network is affiliate investment, which is likely used to pay off existing investors.
Yes, this would make Evart Network a Ponzi scheme.
Once an affiliate has invested, Evart Network claims that they need 60 days in which to generate advertising revenue.
Throughout the first 30 days, “Evart Media” finds new places and installs TV screens provided for in your case. And advertisers pay after the service has been provided. Thus, we need another 30 days to get the first revenue.
This is essentially just a cushion for the owners to do a runner when new investment drops off.
At the bottom line is — As with all Ponzi schemes, once new affiliate investment dies down, Evart Network will be unable to meet its ROI obligations.
At that point the scheme ultimately collapses. The nameless Evart Network administrators make off with what is left and the mainstream of affiliates lose out.
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