Velocity Token Review – Legit Or Scam?

Velocity Token ReviewRecently, Velocity Token has been getting a lot of hype on the internet.

I have had people pitching this one to me on a near daily basis, in fact, and I have seen it making the rounds on social media as well.

I want to make it clear I am NOT promoting this business opportunity as an affiliate or distributor in any way.

I have done all my research in this Velocity Token review do you can learn the honest truth and decide if it’s right for you.

Is Velocity Token a scam? Is it legit?

Can it really deliver on it’s promises?

Let me tell you in my Review Velocity Token.

Let’s get started.

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Seriously, What Is Velocity Token?

Looking at Velocity Token’s website, there’s not much of anything to be seen. The company’s website is seriously lacking when it comes to background info, and as such, you won’t find any mention of who owns the company, where it’s based out of, when it first launched, etc.

This is all information that I recommend having a firm understanding of before joining an MLM opportunity, but Velocity Token doesn’t offer any of it.

The only thing that’s really worth mentioning is the fact that the domain name for Velocity Token’s site was registered on December 21, 2017. However, because the registration was done privately, it’s impossible to tell where this took place or who the owner of the domain is.

Velocity Token Scam

What Products Does Velocity Token Sell?

Keeping with the trend of poor business decisions, Velocity Token doesn’t have any sort of product line to speak of.

The company isn’t marketing or selling any goods/services to retail customers, and because of this, there’s no chance for retail sales activity to take place.

A setup like this results in affiliates only being able to offer the affiliate membership, and as we’ve seen time and time again, this is something that can only exist in opportunities that serve as schemes and scams.

Info On The Velocity Token Compensation Plan

Should you choose to join Velocity Token for whatever reason, you’ll be asked to purchase VTN tokens from the owners of the company.

These tokens cost between 50 cents and $1.50 each, and after you buy then, you’ll need to lend them back to Velocity Token so you can start earning a daily ROI.

Affiliates can choose from four investment tiers to start earning with Velocity Token, and they work out as follows:

  • Members invest $100 to $1000 in order to earn the ROI and 0.1% daily bonus for 200 days
  • Members invest $1010 to $5000 in order to earn the ROI and 0.2% daily bonus for 150 days
  • Members invest $5010 to $10,000 in order to earn the ROI and 0.25% daily bonus for 100 days
  • Members invest $10,010 to $50,000 in order to earn the ROI and 0.3% daily bonus for 60 days

Alongside this, affiliates also have the opportunity to earn on referral commissions.

Referral commissions are paid using a unilevel system, and this enables affiliates to earn the following rates:

  • 5% commission on Level 1
  • 3% commission on Level 2
  • 1% commission on Level 3

How Much To Join Velocity Token?

If you’re interested in joining Velocity Token, you have the option of joining for free and earning only on referral commissions. However, if you’d like to earn these and the ROI, you’ll need to invest at least $100.

Seriously, Is Velocity Token A Scam Or Is This Legit?

As I am sure you have heard with most business opportunities, there are a lot of scams on the internet, and Velocity Token might be a scam with them.

Having read the review above, you might be wondering if Velocity Token is legit or completely a scam.

So, is it a scam?

Is Velocity Token a scam, or can you make a proper business with it?

Honestly, Velocity Token isn’t a complete scam, but there are definitely some things to be aware of (see the conclusion section).

Whether you decide to join or not, you really need to master your marketing and lead generation.

This is the only way you will be successful.

See below for help with making money online.

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Here’s My Velocity Token Final Thoughts!

According to Velocity Token’s website, the company is able to offer its ROI thanks to “trading bots”:

“Our AI bot is able te [sic] recognise Pump and Dumps and will use this to gain profit from.”

The problem with this is that there isn’t any proof these trading bots exist. Instead, the only money that I can confirm is coming into the company is that of affiliate investments.

As such, when a new affiliate joins, the money they invest is used to pay off ROI liabilities that Velocity Token owes to other members.

Because of this, we end up with a Ponzi scheme.

Just like all other schemes of this nature, Velocity Token will see most all affiliates losing out while the anonymous admin(s) earns the lion’s share of what’s invested.

Opportunities like this are never good news, and I highly recommend avoiding setups like Velocity Token at all costs.

Hopefully, you have enjoyed this Velocity Token Review.

I wanted to give you this in-depth review because there have been plenty of other Velocity Token reviews that don’t really give all the information you need.

If you do decide to join, I want you to be successful, so learn how to market yourself properly.

My FREE training below will help you market and earn money!

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