Welcome to my Marketpeak review.
In this Marketpeak review, we are going to take an in-depth look and see if this is a legit MLM (Multi-Level Marketing) business or a scam.
Throughout my Marketpeak review, there will be no affiliate link. This is because I do not promote products that I don’t recommend. You can rest assured to get an honest and unbiased review from me.
This Marketpeak review will try to answer the following four questions. It should give you a clear understanding and whether it’s worth your money.
- What Is Marketpeak?
- How Marketpeak REALLY Works?
- Is Marketpeak Scam or Legit?
- Is There Something Better?
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WHAT IS MARKETPEAK?
Program Name: Marketpeak
Creator: Sergej Heck
Price: $250 up to $7,500
MarketPeak is a multi-level marketing company located in Dubai, founded by Sergej Heck that promotes cryptocurrency.
Sergej Heck is known in the cryptocurrency world but not for the best reasons.
Sergej Heck was also a marketing expert, a successful author, and an entrepreneur.
However, he failed to mention the business ventures that he’s been involved within the past.
Now, before MarketPeak, Sergej Heck was involved with one of the biggest Ponzi schemes in 2017, and that is BeOnPush.
This becomes popular, especially for entrepreneurs, because of their constant online advertisement, where it says that you can earn 150% without doing anything.
That is is not true of crouse because there is no such thing as easy money.
Not just BeOnPush, Heck was also part of Crypt Trade Capital and Questra Global, another Ponzi scheme to get rid of.
No wonder he did not include this in their website bio. Otherwise, the success of his new brand, MarketPeak, may go downward.
HOW MARKETPEAK REALLY WORKS?
Marketpeak Product Line
If you build a business, especially if you build an MLM company, you should have a product to sell for you and others to earn money.
But with Marketpeak there is nothing it has no products or valuable services to offer.
This is one of the biggest red flags, so if I where you, I’d rather not waste my time on this kind of investment.
Imagine you have to pay for the membership because you want to invest in their platform.
While there is money in investing, I would rather do this with reputable banks and investment companies.
You already know that the owner has been involved with Ponzi schemes, not only once but also thrice.
If you want to know how their investment works, you will have to pay for their token called PEAK, an ERC-20 Ethereum-based token.
Does The Token Work?
The PEAK can only be used within the platform.
Also, you are buying into their compensation plan, but other than that, the token is useless.
Marketpeak may be incorporated, but they are not registered with any financial establishments, so they don’t have the right or power to conduct investment or similar transactions.
How To Make Money With Marketpeak?
There is one way to make money with them Marketpeak is by recruiting.
As you already know that Marketpeak has no product for you to sell or valuable service to promote. So there is no way to earn retail commissions.
Once you pay for the membership fee, which is very expensive, you have to invite people to get your investment back.
Without any recruits, you will lose your hard-earned cash.
For the commission, the amount of commission that you will get will depend on the amount you have invested in.
Of course, the higher the investment, the bigger the commission you will get.
But then again, you can only use your PEAK tokens within the platform.
How Much Does It Cost To Join?
To become a member, you have to pay for the membership fee, with prices ranging from $250 up to $7,500.
That is quite expensive, even for seasoned investors or beginners, and not just that, considering that you cannot also use the token outside the platform.
So it is definitely not worth it.
Founder Has Been Involved With Scams
As you already know that the owner has been involved with three Ponzi schemes and not just that his current platform, the Marketpeak, works almost the same with those schemes that he engaged with.
So, in the end, it will end up as a scam.
No Legit Products And Services
As you can see, there is no product for you to sell, unlike other MLM companies promote tangible products for you to sell so that you’ll earn a commission, but with Marketpeak, there is none.
What they offer is the cryptocurrency that you cannot sell or use outside the platform.
You can only make money if you have successfully invited some people to join the program, but other than that, there’s nothing else for you.
Cryptocurrency Is Useless
As I said earlier, the PEAK tokens cannot be used anywhere, unlike the real purpose of cryptocurrencies, that is to be used as digital cash.
The company makes you believe that you can make money from the platform, but the truth is the money that you invested in the company stays within the company.
It’s obvious that MarketPeak is a Ponzi scheme, and they pretend to be an MLM company, but it isn’t.
The brand is transparent, with its intention is to recruit people so they can make money from them.
There is no way for you to earn retail commissions, and members are compensated directly for the recruits they get and not from the sales that their downlines make.
Take a good look at how the Federal Trade Commission (FTC) describes the pyramid scheme, and you will no longer question MarketPeak’s legitimacy.
IS MARKETPEAK SCAM OR LEGIT?
There are a lot of MLM companies out there where they offer you some good products to sell for you to earn money.
However, with Marketpeak, there is nothing for you to sell, and to earn money, you need to recruit more people to earn a commission.
For me, there is nothing wrong with recruiting people as long as you have a product offer them, but a company offers nothing, and that is why Marketpeak is a scam for me.
It only focuses on recruiting and not just that the owner was involved with three Ponzi schemes, which is not good.
Also, the structure of the business model is another problem, as well.
This company is a waste of time and money, so if I were you, you should have used that money on something more profitable.
If you want to make money, remember that there’s no easy way.
Also, there are better opportunities out there, and I’d love to share one below.
- No product to promote
- The owner was involved in a Ponzi scheme not once but three times
- Ponzi scheme
- Very expensive
- Focus on recruiting
IS THERE SOMETHING BETTER?
MLM business is ok as long it is legit and they offer you some good product to sell with.
But with Marketpeak, it is different because there is no product for you to sell, and you only to recruit people to earn money not just by yourself but also for them.
That is why this company is a Ponzi scheme.
If you are looking for a way to make money online where you don’t need to recruit people just to earn money, I recommend you check Affiliate Marketing.
This is the business model that I always recommend to beginners.
Affiliate marketing is really easy to get started, and the earnings potential is almost unlimited.
To get started with affiliate marketing the right way, all you really need is proper and high-quality training.
The training I have been using to build my online business and make a living out of it is a lot more complete. It covers all aspects of the business and teaches you all the best practice of the industry.
It will teach you how to build your online presence from the ground up. The training also emphasis on free organic traffic, which is the best source of traffic.
This will allow you to create a full-time income from your online business. What’s amazing is that once your online presence is built, it will continue to generate money for years to come. It is truly the passive income everybody is dreamed of.
Even though it covers everything you need to know about affiliate marketing, you will not be overwhelmed by it. There are step-by-step tutorials in every lesson. They are easy to follow no matter your skill level and previous experience.
Best of all, it is 100% FREE!
We’re not talking about a time-limited free trial here. You can remain a free member for as long as you want.
As a BONUS to welcome you to my site, grab my free guide and I will show you how to get your website up and running with a free domain and free hosting. This will allow you to get started with your online business for absolutely zero investment.
Besides the top-notch training and free websites, you also get a chance to join an amazing community. These are like-minded people who are willing to help you, support you and most importantly inspire you.
This is to me the most important and valuable part. I have seen so many people putting in their hard work and give up right before they see the result. With the help of this community, you will gain the strength to push through hard times and eventually be rewarded.
So stop buying into hypes and looking for shortcuts, take your business seriously and take action TODAY!
Thank you for taking the time to read my Marketpeak review. If you have any questions or thought as to whether Marketpeak is a scam, feel free to leave a comment below and I will always reply!
Let’s Make Money!