KaratBars International Review and Profile

KaratBars International no longer appears to be active as a direct sales company.

Karatbars International GmbH operated as a gold-related MLM and network-marketing company founded by Harald Seiz and based in Stuttgart, Germany. The company promoted small-denomination gold products, gold cards, CashGold, and later gold-linked cryptocurrency projects including KaratGold Coin / KBC and related Karatbit entities.

Karatbars became the subject of multiple international regulatory warnings involving unregistered investment activity, cryptocurrency promotion, and recruitment-based marketing. Regulators in Canada, New Zealand, The Bahamas, South Africa, Germany, Namibia, and other jurisdictions issued warnings or actions connected to Karatbars, Karatbit, KBC Coin, Freebay, or associated entities. The original Karatbars International GmbH appears to have entered German insolvency proceedings in 2023.

Original Npros business profile for KaratBars International, preserved below for archival purposes:

Founded in 2011, KaratBars International is based in Stuttgat, Germany. Karatbars International's specialty is the sale of small 999.9 pure gold bars referred to as the "KaratBar". The KaratBar includes small units of gold encased in a wallet sized plastic card. Karatbars also offers a line of limited edition or privately branded collector gold cards. The purchase sizes for KaratBars are 1, 2.5 and 5 gram cards.

KaratBar affiliates earn commission on the sale of KaratBars in a binary and unilievel compensation plan. The percentage paid on personal sales depends on the enrollment level of the affiliate. There are three levels, Bronze - which includes 1 gram KaratBar and 10% of personal commisions, Gold - which includes two ( 2 ) grams of gold KaratBars, as well as 15% of personal commissions, and the VIP Package which includes three ( 3 ) three grams of gold Karatbars and 20% of personal commissions.