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

Through what is being dubbed a “VDL Coin Doubling Plan”, VidiLook has locked existing VDL Coin balances – effectively preventing affiliates from cashing out.

For those unfamiliar with VidiLook’s original Ponzi model:

  • affiliates invest tether on the promise of a 3% a day ROI
  • to qualify for daily returns, VidiLook affiliates must watch supplied ads
  • returns are paid in VDL Coin, which is worthless outside of VidiLook

As per VidiLook’s new VDL Coin Doubling Plan, only 60% of previously available daily returns will be paid out as before.

The first step in launching the VDL Coin Doubling Plan is doubling investor VDL Coin balances.

If you currently hold 10,000 VDL coins, you will immediately receive 20,000 VDL coins.

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

VDL Coins locked in the POS pool pay out 2% a day for “at least 52 times in 200 days”. This comes to a 2% ROI paid out every 3.84 days on average.

VDL Coins locked in the POS pool and the 2% a day ROI are auto-compounded for at least 200 days.

Sans blockchain bro nonsense:

  • daily “watch ads” task returns dropped by 40%
  • existing VDL Coin balances doubled
  • after doubling, all VDL Coins held by investors locked in a new investment pool
  • new investment pool pays out 2% a day every 3 to 4 days over a total of 200 days
  • VDL Coins sent to the investment pool are locked for at least 200 days

To further restrict affiliate withdrawals, VidiLook has also introduced a VDL Promoter Protection Plan.

The VDL Promoter Protection Plan penalizes new affiliate investors who don’t recruit.

  • if a new VidiLook affiliate signs up and, within their first 7 days, either doesn’t recruit or recruits one affiliate who invests less than 150 USDT, their daily “watch ads” task ROI is slashed by an additional 50% (this is 50% off the already reduced 60% amount)
  • if a new VidiLook affiliate signs up and, within their first 21 days, has only recruited two or less affiliates who together have invested 150 USDT or less, their daily “watch ads” task ROI is slashed by another 50% (50% of the already reduced 50% of the already reduced 60% amount)
  • if a new VidiLook affiliate signs up and, within their first 28 days, has only recruited three of less affiliates who together have invested 450 USDT or less, their daily “watch ads” task ROI is slashed by another 50% (50% of the already reduced 50% of the already reduced 50% of the already reduced 60% amount)

To summarize;

  1. daily returns are slashed and already accumulated VDL Coins are locked up to prevent withdrawing;
  2. VidiLook investors must recruit at least three affiliates who’ve together invested at least 450 USDT; and
  3. new VidiLook investors who don’t recruit are screwed.

Through reducing returns, locking up accumulated VDL Coins and screwing over new investors, VidiLook claims it will “allow all members of the community to reach wealth freedom more quickly.”

The take-away from a due-diligence perspective is, if VidiLook was funding VDL Coin withdrawals through advertising as claimed, it wouldn’t need to lock up VDL Coins and penalize investors who don’t recruit.

As with all Ponzi schemes, VidiLook can only pay out as long as new investment trickles in.

In its first month, SimilarWeb tracked ~116,000 visits to VidiLook’s website. Granted we won’t have figures for April till next month, VidiLook will need a ton more investors to sustain 3% a day.

Even with the mandatory 200 day lock, what has been invested is still going to be drained by top recruiters as well as VidiLook owner Sam Lee and friends.

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

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

SimilarWeb currently tracks the majority of VidiLook website visits from the US.

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

 

Update 22nd April 2023 – VidiLook has collapsed. Sam Lee is pushing an “acquisition” exit-scam, which will see him purchase VidiLook from himself.