Lower than two months in Sam Lee’s VidiLook Ponzi has slashed returns by 40%.

By way of what’s being dubbed a “VDL Coin Doubling Plan”, VidiLook has locked present VDL Coin balances – successfully stopping associates from cashing out.

For these unfamiliar with VidiLook’s unique Ponzi mannequin:

• associates make investments tether on the promise of a 3% a day ROI
• to qualify for day by day returns, VidiLook associates should watch provided adverts
• returns are paid in VDL Coin, which is nugatory outdoors of VidiLook

As per VidiLook’s new VDL Coin Doubling Plan, solely 60% of beforehand obtainable day by day returns can be paid out as earlier than.

Step one in launching the VDL Coin Doubling Plan is doubling investor VDL Coin balances.

Should you presently maintain 10,000 VDL cash, you’ll instantly obtain 20,000 VDL cash.

To cease buyers cashing out and inflicting VidiLook’s inevitable collapse sooner, all VDL Coin balances will then be locked in a “POS pool”.

VDL Cash locked within the POS pool pay out 2% a day for “at the very least 52 occasions in 200 days”. This involves a 2% ROI paid out each 3.84 days on common.

VDL Cash locked within the POS pool and the two% a day ROI are auto-compounded for at the very least 200 days.

Sans blockchain bro nonsense:

• day by day “watch adverts” process returns dropped by 40%
• present VDL Coin balances doubled
• after doubling, all VDL Cash held by buyers locked in a brand new funding pool
• new funding pool pays out 2% a day each 3 to 4 days over a complete of 200 days
• VDL Cash despatched to the funding pool are locked for at the very least 200 days

To additional limit affiliate withdrawals, VidiLook has additionally launched a VDL Promoter Safety Plan.

The VDL Promoter Safety Plan penalizes new affiliate buyers who don’t recruit.

• if a brand new VidiLook affiliate indicators up and, inside their first 7 days, both doesn’t recruit or recruits one affiliate who invests lower than 150 USDT, their day by day “watch adverts” process ROI is slashed by an extra 50% (that is 50% off the already diminished 60% quantity)
• if a brand new VidiLook affiliate indicators up and, inside their first 21 days, has solely recruited two or much less associates who collectively have invested 150 USDT or much less, their day by day “watch adverts” process ROI is slashed by one other 50% (50% of the already diminished 50% of the already diminished 60% quantity)
• if a brand new VidiLook affiliate indicators up and, inside their first 28 days, has solely recruited three of much less associates who collectively have invested 450 USDT or much less, their day by day “watch adverts” process ROI is slashed by one other 50% (50% of the already diminished 50% of the already diminished 50% of the already diminished 60% quantity)

To summarize;

1. day by day returns are slashed and already accrued VDL Cash are locked as much as forestall withdrawing;
2. VidiLook buyers should recruit at the very least three associates who’ve collectively invested at the very least 450 USDT; and
3. new VidiLook buyers who don’t recruit are screwed.

By way of lowering returns, locking up accrued VDL Cash and screwing over new buyers, VidiLook claims it’s going to “permit all members of the group to achieve wealth freedom extra rapidly.”

The take-away from a due-diligence perspective is, if VidiLook was funding VDL Coin withdrawals via promoting as claimed, it wouldn’t have to lock up VDL Cash and penalize buyers who don’t recruit.

As with all Ponzi schemes, VidiLook can solely pay out so long as new funding trickles in.

In its first month, SimilarWeb tracked ~116,000 visits to VidiLook’s web site. Granted we received’t have figures for April until subsequent month, VidiLook will want a ton extra buyers to maintain 3% a day.

Even with the necessary 200 day lock, what has been invested remains to be going to be drained by high recruiters in addition to VidiLook proprietor Sam Lee and buddies.

VidiLook is a part of Sam Lee’s comparatively new StableDAO group of Ponzi schemes.

Lee runs VidiLook and StableDAO from Dubai, the MLM crime capital of the world.

SimilarWeb presently tracks the vast majority of VidiLook web site visits from the US.

The majority of VidiLook buyers are believed to be victims from Sam Lee’s earlier Hyper* Ponzi schemes; HyperCash, HyperCapital, HyperFund, Hyperverse, HyperOne and HyperNation.