Playstation VIP Review: Stolen identity “click a button” Ponzi
Playstation VIP fails to provide ownership or executive information on its website.
Playstation VIP’s website domain (“playstationvip.top”), was registered with bogus details on July 7th, 2024.
Of note is Playstation VIP’s website domain being registered through the Chinese registrar Alibaba (Singapore).
Playstation VIP has already attracted the attention of financial regulators. The Central Bank of Russia issued a Playstation VIP pyramid fraud warning on July 15th, 2024.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Playstation VIP’s Products
Playstation VIP has no retailable products or services.
Affiliates are only able to market Playstation VIP affiliate membership itself.
Playstation VIP’s Compensation Plan
Playstation VIP affiliates invest tether (USDT). This is done on the promise of advertised returns.
- VIP1 – invest 8 USDT and receive 3 USDT a day
- VIP2 – invest 31 USDT and receive 13 USDT a day
- VIP3 – invest 82 USDT and receive 46 USDT a day
- VIP4 – invest 183 USDT and receive 116 USDT a day
- VIP5 – invest 364 USDT and receive 229 USDT a day
- VIP6 – invest 875 USDT and receive 601 USDT a day
- VIP7 – invest 1846 USDT and receive 1343 USDT a day
- VIP8 – invest 3867 USDT and receive 2755 USDT a day
- VIP9 – invest 7388 USDT and receive 4567 USDT a day
- VIP10 – invest 9689 USDT and receive 7878 USDT a day
Playstation VIP pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 15%
- level 2 – 3%
- level 3 – 1%
Note that level referral commissions can be increased by generating downline investment across three levels:
- generate 500 USDT in downline investment = level 3 paid out at 2%
- generate 2000 USDT in downline investment = level 3 paid out at 5%
- generate 5000 USDT in downline investment = level 3 paid out at 8%
- generate 10,000 USDT in downline investment = level 3 paid out at 10%
- generate 50,000 USDT in downline investment = level 3 paid out 15%
- generate 100,000 USDT in downline investment = level 3 paid out at 20%
- generate 500,000 USDT in downline investment = level 3 paid out at 30%
Joining Playstation VIP
Playstation VIP affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 8 USDT investment.
Playstation VIP Conclusion
Playstation VIP is yet another “click a button” app Ponzi scheme.
Playstation VIP misappropriates the name and branding of Playstation, a game console brand owned by Sony Computer Entertainment.
Needless to say Playstation VIP the app has nothing to do with Sony’s Playstation.
Playstation VIP doesn’t bother coming up with a ruse. This makes it a typical “task-based” Ponzi scheme.
The assigned task in Playstation VIP is “orders”. This sees Playstation VIP affiliate investors log in daily to “click a button”.
Clicking the button daily qualifies Playstation VIP investors to receive daily returns.
Beyond that clicking a button inside Playstation VIP does nothing, there is no external revenue. All Playstation VIP does is recycle newly invested funds to pay earlier investors.
Examples of already collapsed “click a button” app Ponzis using the same stolen identity ruse are Ahold Delhaize, Cencosud Mall and Cartier USDT.
Since 2021 BehindMLM has documented hundreds of “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.
Update 19th July 2024 – Playstation VIP has collapsed. As at the time of this update Playstation VIP’s website is no longer accessible.
Looks like the site is already gone. That was just lazy.
Why they picked a name as protected as Sonys Playstation is a testament to how dumb they were as surely they knew this would be targeted immediately as Sony are very protective of their IP just like Nintendo.
This is what “nobody is falling for our crap but we have a bunch of kidnapped slaves and don’t know what to do with them” looks like I guess.
Kinda sad but also a bit of an amusing “how dumb can they go?” sideshow from the regular articles/reviews.