Velocity Token: Is it a scam?
You may have heard people say that Velocity Token is a pure scam.
You are in the right place to find out the truth.
It is my hope that you have found this content helpful. I dug deep so that you can make an informed decision on whether to join Velocity Token or not.
Before I start…
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A Review of Velocity Token- A Great Opportunity or a Scam?
It may have come to your attention that Velocity Token is getting some considerable amount of publicity lately. You have probably seen it online on social media platforms, or probably some of your pals that market it have approached you about it. What I want you to know is that I am not an affiliate of Velocity Token; neither I’m I an affiliate or distributor. Below are all the facts about Velocity Token that you may want to know.
How safe is Velocity Token? Can one join it?
Velocity Token Described.
It is vital to have enough information about an entity before investing your hard earned cash in it. Any suspicion that arises when such an entity withholds some information is quite normal for most investors. The domain of the website of Velocity Token was registered late in December 2017. The registration was done privately thereby making it hard to tell the location in which it took place. Other than that, there is no more to say about it.
What is the Product Line of Velocity Token?
Velocity Token’s Compensation Plan.
Such points range in price. The lowest costs 50 cents rising all the way to $1.50 for a point. After accumulating several points, you will be required to accord them to the owners of Velocity Tokens. By doing this, you will be permitted to earn from ROI that are offered daily. You will then have four main options to choose from. They include:
- ROI earned by members plus a daily bonus of 0.1% of investments ranging from $100-$1000
- ROI earned by members plus a daily bonus of 0.2% of investments ranging from $1,010-$5,000
- ROI earned by members plus a daily bonus of 0.25% of investments ranging from $5,010-$10,000
- ROI earned by members plus a daily bonus of 0.3% of investments ranging from $10,010-$50,000
- Level 1 has 5% commission.
- Level 2 has 3% commission.
- Level 3 has 1% commission.
What is the Cost of Joining Velocity Token?
You can join Velocity Tokens free of charge and earn from referrals commission. However, if you wish to earn from ROI opportunities, you will have to invest at least $100.
So, is it true that Velocity Token is a scam?
Velocity Token Review Conclusion.
When new members join, they invest, this money pays off the liabilities owed to existing members of Velocity Token. As you may know, this is how Ponzi schemes make their money. Such a system will see members lose money. When this happens, it will be hard or impossible to get back the lost money. It is not the first time a company like Velocity Token is coming into existence. Such companies mushroom all the time. They always come up with policies that seem like extremely good deals. However, people always lose money through them.
Before you leave
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Mark Charles is the founder of NoBSIMReviews and has been making a 6-figure income online for over 10 years.
After reviewing 1000’s of programs, he knows what works and what doesn’t: