Metaverse Wealth Academy Review: Crypto buzzword pyramid
Metaverse Wealth Academy doesn’t provide ownership or executive information on its website.
Metaverse Wealth Academy’s website domain (“metaversewealthacademy.io”), was privately registered on July 17th, 2022.
Official Metaverse Wealth Academy marketing videos are narrated by a female with a US accent.
I was able to identify the individual as Violet L. Howard (right).
Howard is one of two admins of Metaverse Academy’s private FaceBook group.
The other admin is Vincent Darrell:
Howard appears to have started out in MLM six years or so ago, through the WorldVentures pyramid scheme.
These days, along with Darrell, Howard promotes MLM crypto scams.
Darrell and Howard’s latest grift was the Metafi Yielders Ponzi scheme.
Metafi Yielders collapsed in May 2022. Both Darrell and Howard have since deleted all their Metafi Yielders’ promotional efforts.
Well, almost all of it.
Howard is based out of Florida in the US. Darrell is also believed to be a US citizen and resident.
Read on for a full review of the Metaverse Wealth Academy MLM opportunity.
Metaverse Wealth Academy’s Products
Metaverse Wealth Academy has no retailable products or services.
Affiliates are only able to market Metaverse Wealth Academy affiliate membership itself.
Metaverse Wealth Academy’s Compensation Plan
Metaverse Wealth Academy affiliates sign up and pay two fees.
Each fee corresponds to a recruitment commissions, paid when directly and indirectly recruited affiliates pay tier joining fees.
Metaverse Wealth Academy’s two unilevel team commission tiers are “Powerline Autopool” and “Global Autopool”.
Powerline Autopool
Joining the Powerline Autopool tier costs $60.
Powerline Autopool recruitment commissions are paid out via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
The PowerLine Autopool pays commissions down four levels of unilevel team recruitment:
- level 1 (personally recruited affiliates) – $30
- level 2 – $15
- level 3 – $9
- level 4 – $6
Global Autopool
Joining Global Autopool tier costs $50.
Global Autopool recruitment commissions are paid out via a 4×1 matrix cycler.
A 4×1 matrix places an affiliate at the top of a matrix, with four positions directly under them.
These four positions are filled when directly and indirectly recruited affiliates pay for $50 Global Autopool positions.
The first three positions filled in a 4×1 matrix pay $25 each. The fourth $25 is used to create a new Global Autopool matrix position.
The process then repeats itself, again paying $25 on the first three positions filled and cycling into a new matrix from the fourth position.
Joining Metaverse Wealth Academy
Metaverse Wealth Academy affiliate membership is free.
Participating in the attached income opportunity costs $60 for the Powerline Autopool and $50 for the Global Autopool.
Metaverse Wealth Academy runs on the Binance Smart Chain. Fees and commissions are paid in cryptocurrency.
Metaverse Wealth Academy Conclusion
Metaverse Wealth Academy markets itself using buzzwords like the “metaverse”, “financial freedom” and a bunch of crypto jargon.
Metaverse Wealth Academy is a simple two-tier pyramid scheme, as acknowledged on the company’s own website:
User pays entry amount to previously joined users. The amount is distributed according to Smart Contract Protocol upto 4th levels above the joined users
Entry amount from Global Line Autopool is paid to previously joined users based on timestamp and recorded on Binance Smart Chain.
What makes Metaverse Wealth Academy worse than a regular pyramid scheme, which is already stacked against participants, is that Metaverse Wealth Academy is preloaded with Metafi Yielders victims.
Violet Howard, Vincent Darrell and their Metafi Yielders downlines will steal most of the money paid into Metaverse Wealth Academy. That’s on top of the $25 that goes missing from each Global Autopool $50 buy-in.
In an attempt at pseudo-compliance, Metaverse Wealth Academy represents “tools & courses” are bundled with affiliate membership:
This doesn’t change Metaverse Wealth Academy’s fraudulent business model.
As with all MLM pyramid schemes, once recruitment inevitably dries up the scam collapses.
Math guarantees the majority of participants in pyramid schemes will lose money.
Good job ignoring the other functions of the platform such as the trading bots that have been making people money, bringing additional revenue into the platform…
Metaverse Wealth Academy’s MLM opportunity is a self-contained pyramid scheme. It has nothing to do with trading.
Why would I include stuff that has nothing to do with Metaverse Wealth Academy’s MLM opportunity? Strawman much?
Also if you want to make representations about revenue, audited financial reports or GTFO.
Those services are provided directly on their website. They also have monthly fees that bring revenue to the platform.
A pyramid scheme uses new money to pay older investors with NO OTHER SOURCE OF REVENUE. That is not the case here, you knew it, yet decided to leave it out to fit your narrative.
(Ozedit: derail removed)
How about you give a full scale unbiased review of MWA before you make demands of any type of report. You’re the one making claims. The burden of proof is on you.
Which is the exact behavior of a pyramid scheme. Monthly fees from affiliates are the only verifiable sources of revenue. MWA is not different from what you have described as a pyramid scheme, and you’ve just proved that.
Except that it is. You proved that earlier on.
are a pyramid shill without your own opinion.
It’s right before your own eyes.
I’m repeating myself here: They have nothing to do with the MLM opportunity.
You recruit affiliates participating in MWA’s MLM opportunity, you get paid. That’s the only way to earn money.
MWA’s business model is what makes it a pyramid scheme. What goes on outside of the MLM opportunity is irrelevant, you can’t legitimize pyramid fraud.
This was already covered in the review.
You just summarized MWA’s MLM compensation plan. Congratulations, you played yourself.
The monthly fees are from the other products/services, not from referrals. You clearly don’t know what you’re talking about.
If all MWA had was referrals I’d agree that it is a pyramid scheme, but there are other sources of revenue.
Any company that pays dividends has more than one offering. Are those pyramids too? No..
You pick and choose what I said, just like you did with MWA. You are trying to take one aspect of the platform and call the whole thing a pyramid.
Revenue comes from multiple places, then goes to investors. Not just from referrals.
You’re trying to say there’s only one source of revenue, when there’s not. You’re straight up lying at this point.
You can’t sit here and minimize the entire platform to one thing when they have multiple services on the same page lmao. You’re funny though.
Yes. I am focusing on the pyramid scheme platform Metaverse Wealth Acadmey is running. That’s their MLM opportunity.
MWA’s compensation plan is a closed-circuit flow of money from new recruits to recruiters.
I couldn’t care less about anything else attached to that, as it has nothing to do with Metaverse Wealth Academy’s MLM opportunity.
Your strawman nonsense isn’t going to work here.
Then prove it with audited financial reports. Your words aren’t a substitute for those reports.
How pathetic and typical. Every pyramid shill says exactly the same words as you just did. In the end it always turns out it was themselves who didn’t understand what they were talking about, not me or anyone else. Because an obvious pyramid scheme is an obvious pyramid scheme. Your case isn’t any different.
Which is exactly what’s going on.
Audited financial reports or STFU.
has nothing to do with MWA being a pyramid scheme.