A new website “vilocityglobal.com” has been seeing a rise in interactions.
Our Advice: Stay Away! It's a Fake Investment Scam aiming to deprive you of your funds.
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#TrendingTopic #BTC #ETH #Web3 #Launchpad
Concerning Facts:
They claim to be “The perfect storm of blockchain technology, Travel & Lifestyle.”
They claim to be “Led by a Project Team and Founders Advisory Board with a combined 300 years of experience in Travel, Business, Blockchain and Smart Contracts.”
They claim to be the first and only enhanced global referral maxline.
Red Flags:
When joining you require a referral and have to pay a small amount in bnb to register.
Post registration you are required to purchase a membership of 50$ promising vacations/travel memberships and escape trips.
Post Joining they mention 4 ways to earn:
Fast start Bonus: They promise 15% for tier 1 referrals (direct referral).
Sponsor Match: Matching amount of earnings from anyone sponsored.[5-15%]
Claim Rewards: Requires at least 100$.
50% Additional Claim rewards
They claim that once you join anyone who joins after, comes under you in the line.
The entire scheme requires you to keep purchasing more memberships or refer new members to the scheme.
As per the scheme any money earned from a membership is split 50% into a membership wallet that has to be used to purchase another membership.
They claim that if you are able to refer 21 personal referrals it can net you 10000$ income and access to a founders club
Contract: 0x5931dB177D80Ff677d7e64770a00F8A733A4bD71
This has all the hallmarks of a scam promising very high returns but never actually providing any.
Always #DYOR! Do not buy into projects that seem to promise unbelievable rewards!!