Karatbars International Review (2024 Update): Everything You Wanted To Know!

By: Brittney

Welcome to my Karatbars International Review. My goal is to help you understand what the program is all about, how much it costs, if it's a good use of your time, your money, and much more! It should be less than 10 minutes start to finish, so let's dive in!

Karatbars International Review

Disclaimer:

This Karatbars International review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

The Good Stuff

  • KBC coins can be traded for physical gold bars.
  • Karatbars International GMBH is an Affiliate program.
  • Actually, one of the most acceptable ways to build an income online.

The Bad Stuff

  • Karatbars is adding an extra 50% to their gold prices.
  • There is some negative review about this MLM Company.
  • There is a better business opportunity than precious metals.

Firstly, Why Am I Writing The Review?

Nice to meet you, my name is Brittney!

My story starts like many do… “slaving away” at a 9-5 job that I didn’t really enjoy, but hey – it paid the bills.

I worked for a large Fortune 500 company that performed background checks for other companies when they wanted to hire a new employee… so you know, not exactly exciting stuff.

For a lot of people, a nice stable job and predictable check coming in every month is the picture of success, but for me, it felt like I was missing out on life.

Clocking in every single day, doing the same tasks over and over again, getting home with barely enough time to make dinner and enjoy some time to myself… only to wake up again the next morning and do it all over again.

I just wanted to enjoy life without being shackled to an unfilling job.

I wanted to be able to take vacations whenever I wanted, for however long I wanted.

I didn’t want to have to beg my boss for a salary increase that barely matched inflation.

I just wanted to be free and happy.

Then about 4 years ago (as a stroke of luck), I stumbled across a program that taught me how to make money online by actually helping real people (local US businesses).

Who Cares About That?

99% of reviewers out there don’t have experience running an actual business. They’re writing about stuff that they have no real experience with.

Why would they do that?

They just want you to click through and buy the program that the review is about!

I have absolutely no relationship with J Rich, so you can rest easy knowing that I’m going to give you my honest opinion.

This review is written based on my own experiences with this business model.

All that being said, let’s jump into things.

Contents

Chances are you heard about Karatbars International Company because someone – a friend or family member – introduced you to the company. Maybe you attended an online workshop or webinar, or maybe an in-person information session.

Your head’s probably spinning. This might be the first time you’ve heard about a real way to make money outside of a typical job.

So first off, congratulations!

You’ve just entered a whole new world…the world of making money on your own terms.

However, you came in through the wrong door.

Because Karatbars International is – plain and simple – an MLM. Throw whatever fancy name you want on it…multi-level marketing (MLM), network marketing (NWM), direct sales, or anything else, it’s the same concept:

You pay some money upfront for the “opportunity” to sell products.

The products are typically low-quality but with high price tags (because fancy labels and stuff).

You’re told that the key to building your own successful business is selling these products to friends and family, and getting them on a subscription (so you get “monthly recurring revenue”).

Unfortunately, like most people who get taken in by these types of schemes, you’ll quickly discover that the well runs dry faster than you imagined.

After all, they make it sound really simple. “Just get 5 people you know onto this magic widget, and things will just grow from there.”

And in your head, you think “How hard can it be? I know plenty of people, 5 will be easy.”

But then you do it, and you realize people look at you like you’ve joined a cult. You’ve become “that person”, who joined an MLM, and is now trying to sell questionable products or services to everyone they meet.

It puts a strain on your relationships, and you end up stuck between two worlds.

But it’s not your fault. These companies spend millions of dollars each year figuring out exactly how to brainwash and recruit people. And that’s why we’re here.

To help you find a better way before it’s too late.

So, what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Inventory
  • Selling to friends and family
  • Selling to strangers
  • Recruiting people
  • Dealing with questionable products that weigh on your conscience

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day chasing, selling, or managing anything?

If that sounds like something you’d be interested in, check out Digital Leasing. 

This is nothing like MLM, and that’s probably a good thing.

However, if you’d still like to know more about Karatbars International, keep reading.

What Is Karatbars International?

What Is Karatbars International Network Marketing Company

Karatbars International GMBH sells small gold bars and gold bullion gifts.

Karatbars is unique since its main product is gold.

Although they do not direct themselves as MLM Company, they appear to act as one.

Most people associate MLM with selling to friends and family and hosting “parties.”

Legally, you must buy an MLM product or service. Karatbar does not need you to buy gold or anything but recommends one for your financial security.

Karatbars International is based in Stuttgart, Germany. It handles support, marketing, customer/partner communication, order execution, and delivery. The headquarters coordinates new European countries.

Karatbars offers 999.9 pure gold bullion, merchandise, collector’s products, and gift cards.

Karatbars Company And Founder History

Karatbars Company And Founder History. buy gold network marketing

Harald Seiz launched Karatbars International in Stuttgart, Germany, in 2011. He’s continually internationalized Karatbars.

Dr. Harald Seiz, born in Calw near Stuttgart in 1963, is a successful financial and investment advisor.

Mr. Seiz received senatorial honors from BWA in 2016.

Mr. Seiz is a determined entrepreneur with deep financial market experience. He’s been writing about gold as an investment since 2016.

Karatbars International’s product portfolio now reflects this notion.

Gold and other precious metals should be a secure, long-term investment.

What Does Karatbars Sell?

What Does Karatbars Sell Join Karatbars

Karatbars sells 24 carats 999.9% gold bars and gifts in these denominations:

  • One gram
  • 2.5 grams
  • 5 grams

They’re fully insured and delivered quickly and reliably. Turkish gold bars.

Gold bars feature a trademark emblem and quality certification business imprint. Plastic cards have holograms on the back for security.

Classic cards are popular at Karatbats. Classic cards are high-quality cards with one-gram gold pieces.

Karatbars prefer small, light objects because they’re easier to transact and serve as a medium of exchange and payment.

Karatbars’ Collector Karatbar is popular. Karatbars are gold-inlaid cards.

Karatbars are for avid collectors. Famous athletes, historical events, and celebrities inspired special collections. Some are limited editions. Therefore their prices will escalate.

Karatbars and licensed K-Exchange centers to offer a “daily guaranteed buyback price” for gold.

What Are KCB Coins? Is KCB A Promising Investment?

What Are KCB Coins KCB A Promising Investment Business opportunity

THE KARATGOLD COIN (KBC) is blockchain-based crypto designed to be used as an electronic payment method for all who see gold as a conventional, accurate, secure, and value-stable medium.

Mixed Reactions To KBC Investment

Gold-backed KBC Coin is a good investment.

Some analysts say it’s a terrible 1-year investment due to its low market cap. KBC’s low market capitalization makes it a high-risk gold investment.

Others believe the Karatgold Coin’s price will decline to 0.000561 USD. This is a horrible investment, as it fell -89.796 percent.

The notion that it will replace or surpass bitcoin may not happen soon.

KBC coin may plummet in the next bear market with a low price and little market cap. If market circumstances persist, it may not reach $1 a year.

Proponents say KBC coins have great earning potential. The cryptocurrency’s daily rates during the last six months are wavy. The KBC coin may reach all-time highs in the future.

KaratGold Coin serves global demands because it’s cryptonized gold. Each KBC coin represents a fake weight of gold and can be exchanged for genuine gold. Future exchanges will include all fiat and cryptocurrencies worldwide.

KBC Coin is cheap, borderless, secure, and real-time. Gold’s value is predictable because everyone knows it’s stable. KaratGold Coin may become globally accepted. The cryptocurrency’s market value may rise in the future, making it an excellent investment today.

Is Karatbars A Legit Network Marketing Company? 

Karatbars International Review

In Bruce Whitfield’s scam pyramid interview with Warren Ingram. Warren Ingram is Galileo Capital’s ED.

“They’re talking to desperate people… It’s very hazy… Criminals will profit from this… Take extreme caution. There are numerous ways to purchase gold through established channels….”

  • Warren Ingram Galileo Capital

Bruce Whitfield interviewed a Karatbars conference attendee in Cape Town:

I was invited to the conference… It was a strange affair… It was very theatrical… it was a frenzy… pumping music… energizing people… Then there was a grand entrance – everyone began chanting – and then Harald Seiz, the CEO, stepped in… It was as if the Messiah had entered the room. There was a great deal of emotional fervour… It was like being on stage with a rockstar…

  • Susan, a Karatbars Conference Delegate

Bruce Whitfield spoke with Karatbars International’s Tony De Gouveia:

No, it’s not a pyramid scheme … Karatbars won a court case in Canada…

I get paid because people in the network buy the product… I would guess more than 10 000 people in South Africa are in Karatbars, purchasing gold.

Tony De Gouveia, South African affiliate – Karatbars International

Is Karatbars A Pyramid Scheme?

Is Karatbars A Pyramid Scheme Karatbars gold

In Namibia

In Namibia KARATBARS GOLD

Bank of Namibia labels Karatbars scam.

Namibia’s principal financial regulator is the BON.

Karatbars International constituted a pyramid scheme, the BON said in a press release.

Namibia’s Banking Institutions Act bans pyramid schemes and some MLM companies.

The NOB has hailed Karatbars International and its proponents to stop conducting business in Namibia.

In South Africa

In South Africa Karatbars gold

South Africa’s FSCA has abandoned efforts to regulate Karatbars International.

Karatbars told the FSCA in November 2019 that it sells gold bullion and a crypto-asset to be issued later.

Karatbars and its affiliates offered KBC as a passive investment.

The FSCA appears to have taken Karatbars’ assertion at its value, which would have shown KBC promotion dating back to July 2018.

The FSCA said in a December 13 report that none of Karatbars’ goods are financial.

They aren’t registered with the FSCA and aren’t under its authority.

A German watchdog ordered Karatbars to close its blockchain-based business in 2019 on pyramid scheme charges.

In Canada

In Canada

Karatbars International was warned of securities fraud in July 2020.

Karatbars International & Karatbit (including Karatbit Exchange) are not registered or recognized in Ontario, Canada, to trade or facilitate securities transactions (including buying and selling securities).

In March 2014, Canada’s AMF warned Karatbars International of securities fraud. This led to a 2016 ban.

Karatbars International is still illegally soliciting Canadian investments, according to the OSC’s latest notice.

What Happened To Karatbars International?

What Happened To Karatbars International

Karatbars will change its name to Freebay in September 2020 after regulatory warnings from Namibia, Germany, South Africa, and New Zealand.

The reboot follows the 2019 KaratGold Coin Ponzi coin launch, which caused investor losses.

V999, a new Karatbars Ponzi token, is on Freebay. KBC has been discontinued.

Can You Make Money In Karatbars Compensation Plan?

Can You Make Money In Karatbars Compensation Plan

Karatbars’ compensation plan offers numerous opportunities to gain money:

Package Commission

Distributors receive compensation for each box sold to a recruit.

  • Bronze package commission: 60 EUR (approximately $70).
  • Silver package commission: 150 EUR (approximately $170).
  • Gold package commission: 300 EUR (approximately $340).

Unilevel Commission

Unilevel commissions are a percentage of the money spent by distributors recruited below them.

Unilevel commission rates for distributors are 0.5% and 5.5%.

Binary Commission

Distributors get binary commissions based on what their downline spends.

Each leg sells a specified amount of units before distributing.

Worldwide Turnover Bonus

Their pay scheme doesn’t specify how this pool is divided among distributors.

Karatbars may get 95 cents for every gram of gold sold.

Gold Pool

This pool is 1% of Karatbars International’s lump-sum gold transactions, which include package and gold purchases over 55 EUR.

A distributor must have three 9000-point unilevel legs to qualify for the gold pool.

Distributors’ Gold Pool shares are determined by dividing their points by 1000.

Karatbars gold 25-page compensation plan is extensive. I can’t imagine what a sales rep or distributor must say to close the business.

How Much Does It Cost To Join Karatbars?

How Much Does It Cost To Join Karatbars

Karatbars membership is free, but commissions require a package.

Each package’s price varies by content, product, and added features.

  • Bronze Package – $135
  • Silver Package – $350
  • Gold Package – $800
  • VIP Package – $2,000

The packages fluctuate in how much you’ll earn per cycle. The bronze package makes $10. VIP deserves you over $100.

Is Karatbars International Still Banned In Canada?

Karatbars may still be illegal in Canada.

Karatbars International was warned of securities fraud in July 2020.

Is Karatbars International A Scam?

scam or legit ggmoney

So, is Karatbars International a scam?

Not technically. You can make money with this program, but it’s definitely not as easy as the company makes it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual commissions are pretty small.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months and then your reward is a $50 commission, it’s not really worth it.

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing

And, unlike an MLM, you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

Are There Alternatives to Karatbars MLM Business?

alternatives ggmoney

Yes, there are plenty of MLM companies to choose from if you want to pursue this business model.  Here are just a few:

What Is My Top Recommendation In Making Money Online In 2024?

Digital Leasing

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.

2) You Own & Control EVERYTHING: With MLMs and Network Marketing, you don’t really own anything. You have no control over the quality of products. You don’t even own your “team”.
Look at the fine print for most of the agreements folks sign when they join one of these companies. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.
With Digital Leasing, you own the assets, which means you have all the power and all the control.

3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

4) No Inventory: Alright, so most MLMs don’t make you buy the products and fill your garage with them anymore (unlike the good ol’ days), but you’re still in a physical products business.

And physical products always have physical limitations. Even if you don’t have to manage the inventory, you still have to deal with supply chain shortages that cause major delays.

Imagine finally landing your first customer, and then losing them after one sale because they had to wait 6 weeks to get their order.

With Digital Leasing, a 100% online business, you never even have to think about that risk.

5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with an MLM, you’d have to double your customers OR double the average order size of your existing customers. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

6) Make Money Helping Real People: This part is what makes it all worth it. In an MLM, your “upline” might convince you that what you’re selling improves people’s lives, but deep down, you likely know that’s not true.

Most of the time, you’re either selling a dream or a poor-quality, overpriced product with a fancy label.

And that makes it pretty hard to sleep at night.

But with Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

Now, the choice is yours.

You could continue browsing, looking at opportunities like Karatbars Business Opportunity which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

Brittney Here!

I get to travel the world and live life without financial worry thanks to the system below!