The main purpose appears to be making property exchange a convenient process for people. But there is more to the company than just a listing or exchange integrator. For one, it has affiliate compensation programs, cyclers, and other membership reward schemes.
Also, for those that are into Defi main-steads like NFTs, MetaStake has features that support the project. Most of the listings on the site are provided in the form of NFTs, which are primarily used to keep a tag on cumulative investments.
Apart from being a brand, Metastake is also the name of the crypto token used for all the supported programs. So, if anyone signs up on the site, payment will have to be made in metastake coins. The same goes for members requesting withdrawals.
This would be a good opportunity and milestone — just like many other similar crypto brands have attempted —if only a positive MetaStake Review is available online. Yet, not even a sponsored PR article about the company could describe what it really offers.
Suppose someone is getting to learn about the staking wing of the platform (MetaStake offers staking and exchanges), can the person trust that the deals are legit? For that matter, who runs MetaStake Review?
Here is the elusive question with platforms that offer NFT deals, “who guarantees that the site or the listings are safe?”
No one ever gets the answer right — because these sorts of sites are mere makeshifts run by anonymous execs. It is a convenient way to push out an untenable project, which would be abandoned underway once cracks start showing on the whole impractical scheme.
It doesn’t make sense to invest in a project that is set up, serviced, and managed by anonymous owners. There is always the issue of abrupt closure or bankruptcy.
Further, anonymous backend operators don’t play by the legal books. They typically offer strings of complex deals, full of abstractions that are hard to implement in real life.
As our MetaStake Review finds, the people behind this scheme pitched on a very trendy topic (NFTs comprise the fad for Web3 communities lately). So, in that way, they get underway with the project without much scrutiny from the media.
We explain some of the affiliate programs run by the company in this MetaStake Review. See below for details.
MetaStake Review | Membership Compensation Plan
The official website, metastakecoin.io, is an intro portal that explains what the members can expect from the company. Subsequent details include an affiliate compensation plan, offering up to eight packages for members.
Below are the available packages for members.
MSDT is short for MetaStake token (or any rendition that implies the cryptocurrency used by the company)
Gold Plan 50000 – earns you 0.8% per day on a $50000 investment made in MSDT
Gold Plan 25000 — earns you 0.75% per day on a $25000 investment made in MSDT
Gold Plan 10000 — gets you 0.65% per day on a $10000 investment made in MSDT
Silver Plan 5000 — gets you 0.65% per day on a $5000 investment made in MSDT
Silver Plan 1000 — gets you 0.6% daily when you invest $1000 in MSDT equivalent
Bronze Plan 500 — generates 0.55% daily when you invest $500 in MSDT equivalent
Bronze Plan 100 — earns you 0.5% daily when you invest $100 in MSDT equivalent
Moreover, there is a unilevel grid that determines how affiliate referral downlines get paid. It works this way.
An affiliate gets the top position, with the positions immediately below left for personally recruited members — these can be more than the typical two positions on a binary team.
Each position on the first level could similarly generate further downlines in the same way as the affiliate at the top of the hierarchy. So, the sequence continues down an infinite level.
Usually, the platform would fix a maximum tag on the accumulated profits. Our MetaStake Review finds that the maximum number of levels for downline earnings doesn’t exceed Level 7. Below are percentage ROIs per level on this unilevel grid.
0.1% on Levels 18 to 20
0.2% on Levels 14 to 17
0.3% on Levels 9 to 13
0.4% on Level 8 alone
0.5% on Levels 4 to 7
1% on Level 3
2% on Level 2
Finally, 7% on Level 1, although this goes for personally recruited members.
Our MetaStake Review also finds an affiliate ranking on the platform. It places the affiliates on different ROI pedestals.
Director — goes for $500000 accumulated in downline investment volumes and twenty affiliate recruitments (these are waived if the member could recruit at least three Ambassadors)
Ambassador — goes for $2500000 accumulated in the downline investment volumes and seventeen affiliate recruitments (waived if the affiliate recruits at least three VIP Platinums)
VIP Platinum — goes for $800000 accumulated in the downline investment volumes and fifteen affiliate recruitments (waived if the affiliate recruits at least three VIP Premiums)
VIP Premium — goes for $450000 accumulated in the downline investment volumes and twelve affiliate recruitments (waived if the affiliate recruits at least three Golds)
Gold — goes for $200000 accumulated in downline investment volumes and nine affiliate recruitments (waived if the affiliate recruits at least three Silvers)
Silver — goes for $100000 accumulated in downline investment volumes and seven affiliate recruitments (waived if the affiliate recruits at least two Bronzes)
Bronze — goes for $50000 accumulated in downline investment volumes and five affiliate recruitments.
Affiliate — Invest the entry amount.
It costs a $100 investment threshold to start on the Affiliate Programs on the least package.
Additionally, the following bonuses are provided per rank.
$200000 and a house — available to those in the Director Rank
$75000 and a Luxury Car — available to those in the Ambassador Rank
$20000 and a Rolex Watch — available to those in the VIP Platinum Rank
$12000 and a Family Tour — available to those in the VIP Premium Rank
$5000 and a Mac Book — available to those in the Gold Rank
$2500 and an iPhone — available to those in the Silver Rank
Also, $500 and a Dubai Trip — are available to those in the Bronze Rank.
MetaStake Review Conclusion | Is It Legit?
Here, we conclude our MetaStake Review on the following notes:
Anonymous execs offer an untenable Defi project that allows people to list their real estate for sale.
No evidence of actual revenue inflow or general price movements, which would make the pile of ROIs and reward programs credible.
Further, there are no verifiable feedback (and zero ratings too) from any MetaStake user.
MetaStake token doesn’t have any extraneous value outside the fact that the affiliates will be obligated to transact with it. So, it winds down to how long participation in the program could support so many rewards — Dubai Trips, a house, a luxury car, etc.
It isn’t tenable, in any sense, even if you overlook the red flag of staking with a ghost company owner. The operators have no business IDs or digital roadmaps — practically zero track records. That’s a deal breaker.